What is Squarespace Balance?

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What is Squarespace Balance?

Last updated September 21, 2026 16:14

Manage and spend payouts from Squarespace Payments.

Squarespace Balance is a spending account that links instantly with your Squarespace Payments account. Earnings processed through Squarespace Payments will automatically land in your Balance account the same day they finish processing. Earn rewards and get same-day access to spend funds with a Balance card.

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How does Squarespace Balance work with my Squarespace Payments account?

  • Funds from your Squarespace Payments sales will automatically be deposited into your Squarespace Balance account and begin earning rewards. You’ll get a notification on your dashboard after your first sale, indicating when those funds will be available.
  • For security purposes, all new accounts undergo a brief review period before funds become available for use.
  • You must enable two-factor authentication before connecting a bank account or transferring funds from your Balance account.
  • You can spend your available funds using your Balance card, or manually transfer funds to an external third-party bank account.

What are the benefits of Squarespace Balance?

  • Seamless setup: Your Squarespace Balance account is created instantly as part of the Squarespace Payments setup process.
  • Faster access to funds: Earnings processed through Squarespace Payments will automatically land in your Balance account the same day they finish processing and are immediately available for spending with your Balance card, or transfer to your linked bank account.
  • FDIC pass-through insurance: Funds stored in Squarespace Balance are eligible for FDIC pass-through insurance up to $250,000.*
  • No third-party connections required: With Balance, you manage all of your business’ orders, payments, and earnings directly on Squarespace. Your Squarespace Balance financial account is instantly connected to your Squarespace Payments account.
  • No account fees: The account has no minimum balance requirements, no monthly fees, and no transfer fees.
  • Rewards: You can earn rewards for funds held in your Balance account.

Am I eligible for Squarespace Balance?

Squarespace Balance is rolling out in stages to new Squarespace Payments sellers located in the United States.

Where can I access my Squarespace Balance dashboard?

After completing the enrollment process, you can access your Squarespace Balance dashboard through the Finance panel.

Your Balance dashboard displays your available balance, rewards, transactions, and digital spending card. To access your dashboard:

Squarespace is not a bank. Squarespace partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC. Squarespace Visa® Commercial cards are powered by Stripe and issued by Celtic Bank pursuant to a license from Visa U.S.A. Inc.

*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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What is Squarespace Balance?