Shopify Balance

Skip the bank and the fees

Manage your money and business in one place with a free Shopify Balance account. Get paid faster and say goodbye to fees.

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Shopify Balance card being exchanged between merchants

It’s not a bank account. It’s better.

Balance is a no-fee business financial account that lets you manage your money where you make it, so you can stay on top of your finances.

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Skip the fees

No monthly fees, transfer fees, ATM fees, or minimum balance.¹

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Get paid faster

Receive money from your Shopify sales up to 4 days earlier than a bank.

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Keep track of your finances

Separate business and personal expenses so you always know how well your store is performing.

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Simplify your taxes

Make tax season easier with an account dedicated to your business finances.

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Transfer money easily

Pay bills and transfer money by connecting your favorite financial apps to your account.

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Earn cashback for spending

Get a free spending card and earn automatic cashback on eligible purchases.²

How Shopify Balance works

A merchant reviews their Shopify Balance account on a tablet and adds their business’s personal physical card to wallet

Open your Balance account in just a few minutes

Forget the bank. Set up your free Balance account right from your store’s admin.

Manage your money and business in one place

Save time by managing your money where you make it.

Turn your everyday business spending into rewards

Earn 2% cashback on business purchases and unlock exclusive partner offers.

Get paid faster

It’s your money, why wait for it? Access the money you make through your Shopify store the next business day—that’s up to 4 days faster than a bank.

Keep your money secure

Rest easy knowing your Balance account is eligible for FDIC insurance, protected through two-step authentication and card control.

Shopify Balance account card settings on mobile

Stay in control of your spending card

Lock and unlock your card directly from your store’s admin to protect your money at all times.

Pay with peace of mind

Your Balance account is eligible for FDIC insurance up to $250,000.

Support you need, when you need it

Get in touch with our support team by email, live chat, or phone 24/7.

Spend your money, your way

Use your spending card to make online and in-store business purchases.

Shopify merchant Gay Pride Apparel and the Shopify Balance admin

Get your own business spending card

Order a free physical card with your business name on it and instantly receive a virtual card. No personal credit check required.

Use your card wherever Visa® is accepted

Pay bills, make business purchases, and withdraw cash at thousands of ATMs worldwide.¹

Take advantage of Visa® benefits

Access exclusive Visa benefits, including collision damage for rental cars, travel and emergency assistance service, and more.

Make easy, contactless payments

Add your Shopify Balance card to your mobile wallet and pay for all your business expenses—right from your phone.

Earn rewards that matter

Shopify Balance trusted brand partners for rewards

2% cashback on must-haves for your business

No points to redeem, just real money to earn. Your rewards never go to waste with automatic cashback.²

10% cashback from the Experts Marketplace

Hire trusted designers, developers, and consultants to help build or level up your business.

Exclusive partner perks you can’t say “no” to

Unlock exclusive offers from Google, Snapchat, and other industry-leading partners to help run and market your business.

Get more with Shopify Balance

Shopify Balance

  • No monthly, account, or transfer fees
  • No minimum balance
  • $0 ATM fees charged by Shopify¹
  • $0 overdraft fees
  • Skip the paperwork and sign up online in minutes
  • Get paid the next business day
  • Manage your money and business in one place
  • Earn up to $2,000 cashback every year
  • FDIC insurance eligible up to $250,000

Traditional banks³

  • $10+ average monthly fees
  • Up to $5,000 minimum balance
  • Up to $5 ATM, plus ATM provider fees
  • Up to $35 per item in overdraft fees
  • In-person application that can take weeks to approve
  • Get paid up to 4 days later
  • Finances and business managed on multiple platforms
  • Limited or no rewards program available
  • FDIC insurance eligible up to $250,000

Most business accounts are not built for ecommerce stores. There are no fees with Shopify Balance. That makes a huge difference.”

Michelle & Mag

Owners, Maranta Plant Shop

We’ve got your back

Merchants Maranta Plant Shop looking at their Shopify Balance account on a laptop

Help Center

Learn more about Shopify Balance.

Visit the help center
Shopify Balance card and Shopify merchant Boba Boa Slime


How to Separate Business and Personal Expenses—7 Easy Ways.

Read article
Shopify merchants reviewing their Shopify Balance account on desktop


Reach out to our dedicated support team.

Contact support

Shopify Balance

Easier. Faster. More rewarding.

Frequently asked questions

  • Shopify partners with Stripe, Inc. and affiliated companies, and financial institution partners including Evolve Bank & Trust, Member FDIC & Celtic Bank, to offer money transmission, banking & issuing services, respectively.
  • 1Shopify Balance doesn’t charge you any ATM withdrawal fees, but you may be charged by an ATM provider.
  • 2Earn a maximum of $2,000 cashback on all eligible purchases per calendar year. This cashback limit may not apply in the case of some Balance Partner Rewards. Visit the Help Center to learn more.
  • 3Traditional bank accounts are comprised of publicly available data from select business bank accounts of the top three (3) largest U.S. banks by assets.