Frequently asked questions about Shopify Credit
Use this page to find answers to frequently asked questions about Shopify Credit
On this page
Who is eligible for Shopify Credit?
Shopify Credit is available only for eligible merchants located in the United States. Eligibility for Shopify Credit is based on the performance of your business, not your credit score. To find out if you're eligible to apply for Shopify Credit, check your Shopify admin.
How do I apply for Shopify Credit?
If you're eligible to apply for Shopify Credit, then an email message is sent to the email address of the account owner and a banner displays in your Shopify admin. To apply for Shopify Credit, you need to submit an application. Learn more about applying for Shopify Credit.
If I use Shopify Credit, am I eligible for Shopify Capital?
Currently, if you apply for Shopify Credit, then you're no longer eligible for Shopify Capital. Similarly, if you apply for Shopify Capital, then you're no longer eligible for Shopify Credit.
What is the repayment process?
Shopify Credit is a pay in full card, which means that you need to pay off your full balance each calendar month. Learn more about repayment for Shopify Credit.
When is each payment due?
Payment is due 25 days after the end of each monthly billing cycle. Learn more about repayment for Shopify Credit.
What is the interest rate for Shopify Credit?
There are no interest charges or fees associated with Shopify Credit. It is a pay in full card, which means that you need to pay off your full balance each calendar month.
How do rewards work?
Cashback is rewarded monthly and automatically applied to your Shopify Credit statement as a credit. Learn more about Shopify Credit rewards.