Shopify Balance Debit Card

By Princess KemiJanuary 31, 2022February 8, 20220 Comments Location: New Jersey, New York

As a woman entrepreneur and shopify store owner (Kclassyboutique.com), I am always looking for ways to expand my business and gain new customers. One of the things I love about Shopify is accounting for my sales, profit and expenses . It makes things a bit easier when it comes to tax time.

Shopify stepped up their game and introduced the Shopify Balance Card (shopify.com/balance). Shopify will send this to you for free when you sign up to get the card. Every time you make a sale, your money goes towards the balance card immediately instead of waiting days for the money to hit your bank accounts through shopify payments. This is a great thing for a small business owner who does not have a large capital to pay for the order and provide a tracking number before you can get your money. You can use the money from the balance card to process the order.

The Shopify Balance Card also has its own bank account. When you sign up, you will get a virtual account number and your balance card account number. You will also get bank account and routing number to add money to your card or withdraw money. See below the differencc between using the shopify card bank account vs. traditional banks:

Shopify Balance:

Manage your money and business in one place
No monthly fees, account fees, or transfer fees
Sign up online in minutes and avoid the paperwork
Get paid the next business day
No minimum account balance required
Earn up to $2,000 cashback per year
FDIC insurance eligible up to $250,000

Traditional banks:

Manage your money and business in multiple places
$10 monthly fees or more
In-person application and weeks for approval
Get paid up to 4 days later
Up to $5,000 minimum account balance required
Limited or no rewards program
FDIC insurance eligible up to $250,000

Let’s get into the perks/rewards of having this card:

Up to $2,000 cashback rewards
2% cash back on essentials (Marketing, Premium Themes, Shopify Shipping, Shopify Email, Shopify Apps, Custom Domains)
10% cash back hiring shopify experts
Exclusive offers with Google, Snapchat, Facebook, Pinterest, Apple and UPS

The only thing I wish the Shopify balance card had was cashback on business travel. That would really take this card up to another level. It would definitely increase the cash back rewards. Also, I wish the card came in different colors.

At the end of the day, I love this card. If you a shopify store owner and you have not signed up. get it done today. Take advantage of everything shopify offers that can take your business to the next level! Let’s support one another with any info that can help to elevate and improve the lives of others in the times we are living in.

Here’s To Financial Breakthrough and Debt Free Living in 2022!