Shopify Balance is the all-in-one financial account built to support your business. Spend, save, transfer, receive, and earn with ease.
Earn APY rewards on every dollar in your Balance account1
Get payouts as fast as the next business day2
Skip the monthly and transfer fees, and minimum balance3
Organize your finances with up to 6 free accounts
Shopify partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust and Fifth Third Bank N.A., Members FDIC. Shopify Balance Visa® Commercial Credit cards are powered by Stripe and issued by Celtic Bank pursuant to a license from Visa U.S.A. Inc.
Financial management The business account optimized for commerceBalance has features and rewards designed to help your business stay ahead.
Rewards & growth
Business finances
Get paid fasterReceive store payouts up to 7 days faster than a bank.2
Simplify taxesEasily set aside sales tax and sync accounting software.
APY RewardsMultiply your profits
All the money in your Balance account earns an annual percentage yield (APY)* reward that compounds over time‚ no minimum or maximum limits on your account balance.
2.93%
Basic, Grow, and Advanced plans
Account balance
$15,000USD
Basic, Grow, and Advanced plans
Plus plan
The calculator is for illustrative purposes only. It assumes no rate changes and that your account balance at year 1 and all APY accrued remains in Shopify Balance.
*Shopify provides a reward in the form of an annual percentage yield (APY) on the money you hold in Shopify Balance, and it is not interest. The rate is variable, subject to change without notice, and accurate as of May 8, 2025. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account.
Open up to 6 free accountsOrganize your earnings, spending, savings, sales tax, and more—all in one place.
Make money movesDeposit and withdraw funds, transfer money between accounts, and pay business expenses.
Understand your financesGet a comprehensive view of your business finances with dashboards, filters, and reports right in your admin.
“Before Shopify Balance, my finances were all over the place. Shopify Balance helps streamline everything and keep my finances organized.”
Kristi Tu, Owner – Boba Bao Slimes
Safeguard your earningsTrust your finances to the same partner that helps your business thrive.
Peace-of-mind coverageYour Balance account is eligible for pass-through FDIC insurance up to $250,000.4
Instant access to card lockingLock and unlock your cards from your admin or the Shopify mobile app.
Support when you need itReach out to our support team via live chat 24/7.
Spend with Balance Smart spending for your businessPower purchases with Balance Visa®—the only spending card directly connected to your store.
Earn rewards for your businessGet 2% cashback on business must-haves and exclusive partner perks to make every dollar go further.5
Put payouts in your pocketWhen a payout is deposited, your Balance Visa® card is ready to spend—no transfers, no waiting.
Spend wherever Visa® is acceptedPay bills, make business purchases, and withdraw cash at thousands of ATMs worldwide.3
Shopify App Take Shopify Finance with you—anywhereOne app to manage your finances and business.
Get more with Shopify Balance Exclusive features for Shopify Plus plansBalance adds even more value to your business when you’re on Shopify Plus.
3.96% APY rewardAll your funds in Balance—including deposits—earn a reward of 3.96% annual percentage yield.1
Up to $1M transfersGet daily transfer limits customized to your business, up to $1,000,000.7
Get started with Shopify BalanceLearn how to manage your Shopify Balance account, card, and mobile app.
Maximize cash flow with Shopify FinanceHere's how to get the most value out of your built-in finance suite.
5 tips for business money managementGet expert tips on streamlining money management for your business.
More from Shopify Finance Designed to work with Balance Shopify CreditA pay-in-full Visa® business card with up to 3% cashback on eligible expenses and 10 months to pay your statement balance.8
Shopify Bill PayAn efficient way to schedule, pay, and manage business expenses without subscription fees.9
Shopify TaxAutomated calculations, nexus tracking, and filing to take the stress out of sales taxes.
Frequently asked questionsShopify Balance is not a bank account—it’s a financial account optimized for commerce businesses. Balance is fully integrated with your store’s admin, giving you the tools you need to manage your money where you make it. With Balance, you get paid faster and avoid traditional bank fees.
Shopify Balance is currently available to US merchants who use Shopify Payments.
See all the requirementsfor opening a Balance account.
No. There are no monthly fees on your Shopify Balance account and you won't be charged a fee to transfer your money. Shopify won't charge you for an ATM withdrawal, but you could be charged by the ATM provider.
You can access your payouts within 5 business days, but most merchants will receive payouts within 1-3 business days.2
You can transfer funds in and out of Balance with your account and routing numbers, or
connect to popular appslike PayPal, Venmo, and Cash App. Limits may apply.
No. You can earn on any account balance and withdraw funds at any time. There is no minimum balance required or limit to how much you can earn. APY rewards are available to both new and existing Shopify merchants who use Balance and hold money in their account. Merchants on the Basic, Grow, or Advanced plans earn 2.93% and merchants on the Plus plan earn 3.96%.
Yes. Your Balance deposits are eligible for pass-through FDIC insurance up to $250,000 USD through Evolve Bank & Trust and Fifth Third Bank N.A., Members FDIC, if the deposits meet certain requirements. FDIC insurance is per depositor and per financial institution.4
Earn 2% cashback on eligible Shopify business purchases made with your Balance card and get up to $2,000 in cashback per year. Plus, take advantage of exclusive offers from Google and other industry-leading partners. Learn more about
Shopify Balance rewards.
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