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Manage Your Cash Flow with Squarespace Balance

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From sales to payouts, consolidating your finances in one place makes running your business simpler and more efficient. It also gives you more visibility into your financials, so you can understand your cash flow and manage your finances like a pro.

Squarespace Balance is a financial account for your business that gives you same-day access to your payouts.* Squarespace Balance also offers opportunities for you to earn rewards and use a Visa business card for business expenses.** It’s included in your Squarespace subscription at no extra cost, as long as you’re signed up for Squarespace Payments.  

Here’s everything you need to know about using Squarespace Balance.

What benefits does Squarespace Balance offer?

Squarespace Balance gives you flexibility with your business finances, and is designed to help you take control of your finances. You’ll get: 

  • Quick access to your earnings: Access your earnings within hours.*

  • A business spending card: Simplify your financial tracking with a Visa spending card. Manage professional expenses in one place with automatic tracking and categorization.

  • Earn rewards: Get rewarded for saving with Squarespace Balance. Revenue saved in your account earns cash rewards.** Note: Reward varies by subscription tier.

Why should your business use Squarespace Balance?

Quick access to your earnings, financial accuracy, and control are all incredibly important when you’re running a business.

Squarespace Balance helps you to streamline that process and get straight to financial management within a platform you know and trust. You can view orders, payments, payouts, and your account balance, all from your Squarespace account. That oversight gives you insight into where your money’s going and simplifies financial tasks, like expense reporting, while quick access to your funds gives you the freedom to move fast for business opportunities or emergencies.

Since Squarespace Balance is included in your Squarespace subscription, there are no additional monthly fees, subscription fees, or transfer fees, and no minimum balance required. Additionally, your money and customer data are protected by enterprise-grade security, eligibility for FDIC pass-through insurance up to $250,000.***

Think of it as an all-in-one tool that helps you make smarter choices with your money by streamlining your finances, reducing friction and costs, and passively earning rewards on your savings.**

Squarespace Balance is available to new Squarespace Payments users in the United States now, with expanded availability rolling out throughout this year.

* Squarespace Payments payouts are deposited in your Squarespace Balance account usually within 24 hours. Payout speed may be subject to change without notice.

** Squarespace provides a cash reward on the money you hold in Squarespace Balance, and it is not interest. The rate is variable, and subject to change without notice. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Squarespace Balance account.

*** Squarespace Balance accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same ownership category. Neither Stripe nor Squarespace are an FDIC insured institution and the FDIC’s deposit insurance coverage only protects against the failure of an FDIC insured depository institution.

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