What’s New at Shopify?

Shopify Balance now rewards you with 3.86% in the form of an annual percentage yield (APY) on all money held in your Balance account.

This is a reward provided by Shopify and is not interest. The rate is variable, subject to change without notice, and accurate as of Jan 9, 2024. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account.

To learn more about earning APY and other rewards programs, refer to the Shopify Balance rewards.