Top 11 Shopify Store Credit Apps Free & Premium in 2024

In the dynamic world of e-commerce, maintaining customer loyalty is as crucial as attracting new buyers. Enter store credit – a powerful tool to keep your customers returning for more. Shopify, a leading e-commerce platform, offers many apps designed to streamline and enhance the store credit experience for merchants and customers.

But with so many options available, how do you choose the right one for your business? In this blog post, we’ll explore the top 11 Shopify store credit apps, compare their features, and help you decide which app fits your needs best. Whether you're looking to boost sales, improve customer satisfaction, or offer a flexible return policy, we've got you covered. 

What are Shopify Apps for Store Credit?

Shopify apps for store credit are specialized tools designed to help merchants manage and distribute store credit within their online stores. Store credit acts as a virtual currency that customers can use for future purchases, enhancing their shopping experience and fostering customer loyalty. These apps integrate smoothly with your Shopify store, offering features that range from issuing credits for returns and referrals to creating loyalty programs and promotional incentives.

Imagine a customer who returns a product but receives store credit instead of a refund. This encourages them to shop again and keeps the revenue within your store. Or consider offering store credit as a reward for loyal customers or as part of a promotional campaign. The vast possibilities are vast, and these apps provide the tools to implement and manage such strategies effectively.

In essence, Shopify store credit apps empower you to create a more engaging and flexible shopping experience, transforming one-time buyers into repeat customers. Whether you’re aiming to streamline returns, enhance your loyalty program, or drive sales through targeted promotions, these apps offer many solutions to meet your demands.

Why do you need Shopify Store Credit Apps?

Running a successful e-commerce store is about more than just attracting customers; it’s about keeping them coming back. This is where Shopify store credit apps come into play. Here’s why you need them:

Boost Customer Loyalty: Store credit is a powerful incentive for customers to return. When customers know they have credit waiting for them, they’re more likely to revisit your store, browse new products, and make additional purchases. It’s a great way to build long-term relationships and turn first-time buyers into repeat customers.

Simplify Returns and Exchanges: Handling returns can be a hassle, but offering store credit as an option can simplify the process. Customers often prefer receiving store credit over refunds because it allows them to quickly make a new purchase without waiting for a refund to process. This keeps your revenue within the store and keeps the customer happy.

Encourage Higher Spending: Customers with store credit are likelier to spend more than the credit amount, leading to higher average order values. This upselling opportunity can significantly boost your overall sales.

Flexible Promotions and Rewards: Store credit apps enable you to create customized promotions and rewards programs. Whether it’s offering credit for referrals, purchases, or as part of a loyalty program, these apps provide the flexibility to tailor your strategies to fit your business goals.

Enhanced Customer Experience: Providing store credit can enhance the overall customer experience. It shows that you value your customers and are willing to provide flexible solutions that benefit them. A positive shopping experience can lead to positive reviews, word-of-mouth referrals, and a stronger brand reputation.

Data-Driven Insights: Many store credit apps have analytics and reporting features that track credit issuance and usage. This data offers valuable insights about customer behavior, enabling you to enhance your marketing and sales strategies for improved outcomes.

In summary, Shopify store credit apps are essential tools for any online store looking to improve customer retention, streamline operations, and drive higher sales. By offering flexible, customer-friendly solutions, these apps help you generate a more engaging and rewarding shopping experience.

Read more: 9 Shopify Membership Apps To Build Customer Loyalty

Quicks comparisons of top Store Credit Apps for Shopify

Top 11 Shopify Apps for Store Credit

1. Rise.ai

Rise.ai stands out as the premier Gift Card & Store Credit platform tailored for eCommerce brands seeking to maximize revenue through comprehensive solutions. It effectively empowers businesses to manage Gift Card sales, Store Credit, rewards, referrals, refunds, and loyalty programs. The platform focuses on enhancing customer retention and increasing customer lifetime value (LTV) by offering intuitive Store Credit incentives in precise dollar amounts. Integration with Shopify POS ensures a seamless omnichannel experience, allowing businesses to reward customers effortlessly across online and offline channels.

Read more: 10+ Best Shopify POS Apps

Highlight Features:

• Automated Workflows: Set up automated triggers to issue store credit based on customer actions such as purchases, referrals, or specific milestones. Tailor workflows to fit your business strategy and customer engagement goals.
• Returns and Refunds: Give customers the option of receiving gift card refunds instead of cash, promoting future purchases, and retaining revenue within your store. Offer store credit for returns to encourage repeat purchases and enhance customer satisfaction.
• Proactive Loyalty Programs: Launch and manage proactive loyalty programs where customers earn store credit with each qualifying purchase. Create tiers or special promotions within loyalty programs to incentivize higher spending.
• Gift Cards: Easily send, schedule, and remind customers about gift cards via automated notifications. Customize gift card designs and messages to align with your brand.
• Bulk Gift Cards: Generate and distribute bulk gift cards for corporate gifting, employee recognition programs, or customer acquisition initiatives. Offering bulk gift cards as incentives can simplify the process of migrating customers from other platforms.

Pros:

• A comprehensive platform covering all aspects of gift cards, store credit, and loyalty programs.
• Seamless integration with Shopify POS enhances operational efficiency and customer experience.
• Transparent dollar-based rewards simplify customer engagement and increase redemption rates.
• Customizable workflows and automated features save time and improve productivity.

Cons:

• Initial setup and configuration may require a learning curve due to the platform's extensive feature set.
• Higher-tier features like advanced analytics or customization options may involve additional costs.

Pricing: 

• Starter: $19.99/month
• Small-Business: $59.99/month
• Pro: $199.99/month
• Premium: $599.99/month

Rating: 4.8/5 (1,077 reviews)

2. FreshCredit ‑ Store Credit

FreshCredit empowers eCommerce brands to convert returns into store credit, retaining potential revenue from customers who have already made purchases. By offering store credit instead of traditional refunds, businesses encourage repeat purchases and foster customer loyalty. The app simplifies the store credit process, ensuring a seamless experience for customers to continue shopping quickly and conveniently.

Highlight Features:

• Email & SMS Notifications: Email and SMS customers promptly about their store credit balance.
• Transaction Tracking: Maintain detailed records of all transactions and provide an accurate storewide credit balance.
• Seamless Checkout Integration: Customers seamlessly use store credit during the checkout process without interruptions.
• Customizable Branding: Customize the store credit experience to align with brand guidelines and themes.
• Retention Incentives: Incentivize customers to return and make additional purchases using their store credit, enhancing retention rates.

Pros:

• Retains potential revenue by converting returns into store credit.
• Simplifies the process for customers with clear, understandable store credit incentives.
• Customizable branding enhances brand consistency and customer experience.

Cons:

• Initial setup may require integration and customization based on business needs.
• Pricing details and specific feature tiers may vary and require clarification.

Pricing: 

• Up to 5k customers: $15/month
• 20k customers: $30/month
• 50k customers: $45/month

Rating: 4.2/5 (106 reviews)

3. Easy Accounts: Premium CRM

EasyAccounts is a comprehensive app designed to enhance the way customers interact with your store by providing fully-featured customer accounts. With a personal dashboard for each customer, EasyAccounts offers a seamless and engaging experience that includes Promotions, Store Credits, Returns and Exchanges, Wishlist, Order History, and more. This multi-page customer account dashboard is designed to fit the style of your store, ensuring a cohesive look and feel.

Highlight Features:

• Store Credits: Manually issue store credits or offer them as an option for returns.
• Engaging Customer Accounts: Elevates the visual appeal and functionality of customer accounts on your store.
• Integrated Tools: A variety of tools to improve customer experience, including order history, wishlists, and more.
• Returns and Exchange Center: Efficiently manage and complete returns or exchanges.
• Powerful Promotions: Built-in customer rewards program to boost sales and customer retention.

Pros:

• Enhances customer experience with a personalized dashboard.
• Integrates seamlessly with the store's style.
• Comprehensive toolset for managing customer interactions.
• Encourages customer retention through a rewards program.

Cons:

• May require some setup time to customize the dashboard to fit your store’s style.
• Additional features could potentially add complexity for new users.

Pricing:

• Basic: $14.99/month
• Standard: $29.99/month
• Business: $99.99/month
• Enterprise: $299.99/month

Rating: 4.6/5 (24 reviews)

4. CreditsYard — Store Credit

CreditsYard provides a robust Store Credit & Cashback solution designed to streamline refunds, exchanges, and customer rewards for eCommerce businesses. It ensures businesses retain revenue within their store ecosystem by issuing store credits instead of traditional refunds. The platform supports easy migration and offers features like bulk import via CSV or custom API integration. It caters to B2B orders and facilitates Multi-Store Syndication across multiple outlets. CreditsYard also includes automated cashback rewards to incentivize customer purchases.

Highlight Features:

• Store Credit Management: Issue store credit for refunds, exchanges, or returns, keeping revenue within the store. Allow customers to accumulate store credit and use it for future purchases.
• Cashback Functionality: Incentivize purchases with cashback rewards, encouraging repeat business.
• Wallet Top-Up: Enable customers to add funds to their wallets by purchasing store credit.
• Migration Tools: Simplify migration with bulk import capabilities via CSV or custom API.
• Integration: Compatible with Shopify POS, Shopify Flow, supports B2B orders, and facilitates Multi-Store Syndication.

Pros:

• Efficient management of store credit, refunds, and exchanges.
• Cashback rewards enhance customer retention and loyalty.
• Supports easy migration and integration with various Shopify functionalities.
• Round-the-clock email and live chat support ensures timely assistance whenever needed.

Cons:

• Specific features and pricing tiers may require clarification.
• Integration complexities may require initial setup and learning.

Pricing: 

• Basic Shopify: $29/month
• Shopify: $49/month
• Advanced Shopify: $79/month
• Shopify Plus: $149/month

Rating: 4.9/5 (19 reviews)

5. MP — Store Credit

The MP app seamlessly integrates with Shopify to enhance customer loyalty through streamlined refunds, returns, rewards, and coupons. Businesses can effortlessly issue store credits for future purchases, manage refunds and returns with simplicity, and incentivize repeat business all within their Shopify environment. The app offers intuitive features for individual or bulk credit adjustments, ensuring customers can easily use their credits at checkout, fostering long-term loyalty and increasing purchase frequency.

Highlight Features:

• Effortless Store Credit Issuance: Simplify refunds and returns by issuing store credits for future purchases.
• Transparent Credit Management: Maintain precise records of customer store credits for transparency and trust.
• Automated Rewards: Automatically reward customers with store credits based on their purchase behavior, enhancing engagement and loyalty.
• Direct Application at Checkout: Enable customers to appor store credits directly during checkout, improving the shopping experience.
• Strategic Incentives: Motivate additional spending and loyalty through strategic store credit incentives and promotions.

Pros:

• Seamless integration with Shopify ensures easy implementation and operation.
• Efficient management of refunds, returns, and rewards enhances customer satisfaction.
• Automated features save time and increase customer engagement.

Cons:

• Initial setup and customization may require familiarity with Shopify's platform.
• Specific pricing tiers and advanced features may require clarification.

Pricing:

• Basic: Free
• Power: $9/month
• Booster: $35/month
• Super: $99/month

Rating: 4.9/5 (16 reviews)

6. Shopwaive: Credit & Payments

Shopwaive is a robust customer marketing platform designed to enhance customer engagement and loyalty through various incentives like refunds, store credit, gift cards, rewards, discounts, and new account offers. It facilitates seamless import of existing credits, supports B2B draft orders, and automates deposits upon customer orders. With integrations spanning Klaviyo, Shopify Flows, Zapier, and Google Sheets, Shopwaive is versatile, multilingual, and operates efficiently on auto-pilot. It offers extensive customization to align with your brand and integrates with over 6,000 apps, backed by 24/7 world-class support.

Highlight Features:

• Multi-Incentive Marketing: Offer store credits, rewards, points, gift cards, discounts, and new account offers to engage and retain customers effectively.
• Refund and Checkout with Store Credit: Enable customers to use store credit during checkout across storefronts, Shopify POS, and via webhooks.
• Automation and Integration: Automate processes such as depositing credits on customer orders, and integrate seamlessly with Klaviyo for email and SMS flows, Google Sheets for reporting, and Shopify Flow for automations.
• Flexibility and Scalability: Support headless commerce with the Shopwaive API, handle B2B draft orders, credit requests, and approvals for a scalable business environment.
• Customization and Support: Customize the platform's design to match your brand aesthetics and leverage its multilingual capabilities, supported by comprehensive reporting and analytics.

Pros:

• Comprehensive suite of incentives to drive customer engagement and loyalty.
• Effortless compatibility with a diverse range of applications and platforms for enhanced functionality.
• Flexible solutions for B2B and B2C businesses,businesses, with robust automation features.

Cons:

• Complexity in setup and configuration may require initial investment in learning and customization.
• Pricing details and specific feature tiers may vary and need clarification.

Pricing:

• Free to install
• Shopwaive Starter: $15/month
• Shopwaive Pro: $45/month
• Shopwaive Checkout: $60/month

Rating: 5/5 (15 reviews)

7. Pabloo: Store Credit

Pabloo specializes in enhancing customer lifetime value through its comprehensive store credit system. The platform offers seamless management of funds between merchants and customers, facilitating faster refunds without any processing fees. Pabloo also features loyalty and cashback programs, currency retailing options, and robust email and SMS notifications to keep customers informed about their store credit activities. With customizable customer interfaces and specialized tools for business growth, Pabloo aims to optimize customer engagement and retention.

Highlight Features:

• Instant and Secure Transactions: Manage funds with instant credit transfers that are secure and scalable, with zero processing fees.
• User-Friendly Interface: Created with simplicity in mind, ensuring a clean and intuitive management experience for both merchants and customers.
• Compatibility with Discounts and Fees: Credits can be applied seamlessly with discount codes, shipping fees, and product exclusions for flexible usage.
• Customizable Customer Interface: Customize the customer interface to match your brand's theme, language preferences, and currency settings.
• Specialized Business Tools: Access specialized tools, including undisclosed features ("secret sauce"), designed to drive increased business performance.

Pros:

• Enhances customer lifetime value through effective credit management and loyalty programs.
• Seamless integration with discount codes and customizable interfaces improves customer experience.
• Scalable and secure transaction processing with no additional fees.

Cons:

• Advanced features and setup may require familiarity with the platform's capabilities.
• Pricing details and specific feature tiers may vary and require clarification.

Pricing:

• Free
• PLUS: $49/month
• PRO: $95/month

Rating: 4.5/5 (10 reviews)

8. WeSupply

WeSupply is a robust platform designed to automate the returns process, turning returns into profitable exchanges while reducing costs and enhancing customer satisfaction. This app offers self-service returns, fast returns management, and condition-based return destinations. With features like bundle returns, gift returns, and flexible return policies, Return Wizard aims to convert returns into new revenue through variant and full catalog exchanges. Additionally, it incentivizes repeat customers with gift cards, green returns, and bonus credit.

Highlight Features:

• Credit & Gift Cards: Encourage repeat business with bonus credits and gift card incentives for returns.
• Instant Exchanges & Shop Now: Boost revenue by offering customers immediate exchanges and a full catalog shopping option during the return process.
• Automated Return Management: Reduce manual work and save on return costs with return label quick scan processing.
• Fraud Prevention: Implement smart return rules and customer blocklists to prevent return fraud.
• Automated Return Destinations: Optimize cost and speed by automating return destinations, ideal for dropshipping returns.
• Seamless Integrations: Integrate smoothly with carriers, 3PLs, ERPs, and more for a streamlined returns process.

Pros:

• Transforms returns into profitable exchanges, increasing revenue.
• Enhances customer satisfaction with self-service and fast returns management.
• Offers strong fraud prevention measures, reducing potential losses.
• Automates the returns process, saving time and reducing manual workload.
• Integrates with various systems for efficient operations.

Cons:

• Initial setup and integration might require significant time and effort.
• Customers accustomed to traditional return methods may need time to adapt to automated processes.

Pricing:

• Growth: $40/month
• Advanced: $100/month
• Enterprise: $800/month

Rating: 5/5 (7 reviews)

9. Loopz Gift Cards

Loopz is a versatile app designed to enhance your Shopify store by offering customizable digital and physical gift cards. It allows store owners to sell gift cards, issue store credits, and synchronize gift cards with other Shopify stores and POS systems like Clover and Square. This app ensures a personalized gifting experience by allowing customers to choose gift amounts, recipient details, and personal messages, with options for instant or scheduled delivery.

Highlight Features:

• Store Credit Issuance: Issue store credit through new or existing gift cards, enhancing customer satisfaction and loyalty.
• Customizable Gift Cards: Personalize digital and physical gift cards with your store's branding and styles.
• Multiple Card Designs: Create a variety of card designs for different occasions, providing customers with multiple choices.
• Flexible Delivery Options: Customers can select the gift amount, enter recipient details, add a personal message, and choose to send the gift card instantly or schedule it for a future date.
• POS Integration: Seamlessly sync gift cards with other Shopify stores, Clover, and Square POS systems, ensuring consistent and efficient transactions.

Pros:

• Enhances the gifting experience with customizable options and flexible delivery.
• Supports both digital and physical gift cards, catering to diverse customer preferences.
• Integrates with popular POS systems, expanding the app's functionality.
• Allows for personalized messages and scheduled deliveries, adding a personal touch to the gifting process.

Cons:

• Customization options may require additional setup time to match your store's branding.
• Integration with multiple POS systems could introduce complexity for some users.

Pricing:

• Lite: $10/month
• Standard: $25/month
• Advanced: $50/month

Rating: 5/5 (6 reviews)

10. Credit & Charge Account On POS

Credit & Charge Accounts is a powerful app for Shopify POS that allows customers to purchase products on credit and pay for them later. This feature enhances customer service by enabling businesses to offer credit accounts, where purchases can be added to a customer's tab and paid off over time. The app also provides tools for managing active balances, viewing transaction history, and integrating with accounting software like Quickbooks POS Desktop (with future support for Quickbooks Online).

Highlight Features:

• Store Credit Management: Set and apply store credit to customer balances.
• Purchase on Account: Customers can buy products and charge them to their account, with flexible payment options.
• Transaction History: View complete purchase, payment, and invoice history for any customer.
• Flexible Payment Terms: Complete remaining balance payments on a weekly, bi-weekly, monthly, net-45, or custom schedule.
• Quickbooks Integration: Sync and integrate with Quickbooks POS Desktop, with future support for Quickbooks Online.

Pros:

• Enhances customer service by offering flexible payment options.
• Comprehensive transaction history for better account management.
• Integrates with Quickbooks POS Desktop, streamlining accounting processes.
• Customizable payment terms to suit different customer needs.

Cons:

• Initial setup and customization may take time.
• Integration with Quickbooks Online is not yet available but planned.

Pricing:

• UNLIMITED ACCESS: $49/month

Rating: 4.7/5 (3 reviews)

11. Magic: Exchange and Returns

Magic is an innovative returns portal designed to incentivize customers to opt for exchanges or store credit rather than refunds. This app enhances customer satisfaction and reduces the workload on your customer service team by providing clear instructions and real-time tracking during the return process. Magic Returns also allows customers to purchase new items while processing returns, turning potential losses into opportunities for customer loyalty and repeat business.

Highlight Features:

• Incentivized Exchanges & Store Credit: Encourage customers to choose exchanges or store credit over refunds, improving store profitability.
• Purchase During Return Flow: Customers can buy new items within the return process, enhancing their shopping experience and boosting sales.
• Customizable Return Reasons: Define your own return reasons to gain better insights into customer needs and preferences.
• Virtual Inspection: Inspect returned items virtually before they reach your warehouse, streamlining the return process.
• Integration with WMS & CRM Tools: Connect Magic Returns with a wide variety of Warehouse Management Systems (WMS) and Customer Relationship Management (CRM) tools for a seamless returns process.

Pros:

• Encourages exchanges and store credit, reducing the number of refunds.
• Allows customers to purchase new items during the return process, increasing sales opportunities.
• Customizable return reasons provide valuable insights into customer preferences.
• Virtual inspection feature helps manage returns efficiently.
• Integrates with various WMS and CRM tools, enhancing operational efficiency.

Cons:

• Initial setup may require time to integrate with existing systems.
• Customers who prefer refunds may need additional incentives to choose store credit or exchanges.

Pricing: Free to install

Others also read:

• 10 Top-Rated Shopify Cross-Sell Apps
• Top 24+ Excellent Shopify Apps for BFCM
• Top 8 Shopify Wishlist Apps 

How to choose a Store Credit app for your store

Choosing the right Store Credit app for your eCommerce store is crucial for enhancing customer satisfaction, managing returns efficiently, and driving revenue. Here’s a guide on how to select the best Store Credit app:

Easy Credit Issuance and Management

• Simple Issuance: Allow store admins to easily issue store credits manually or automatically based on specific triggers (e.g., purchase amount, customer actions).
• Bulk Issuance: Capability to issue credits in bulk for promotional events or to compensate multiple customers simultaneously.
• Credit Expiry Management: Options to set expiration dates for issued credits to encourage timely use and create a sense of urgency.

Customer Dashboard

• Credit Balance Display: Provide customers with a clear view of their current store credit balance directly on their account dashboard.
• Transaction History: Show a detailed history of credit earning and spending to help customers track their usage.

Automated Credit Rules

• Purchase-Based Rewards: Automatically issue credits based on purchase behaviors, such as order value thresholds or specific product purchases.
• Referral Programs: Integrate with referral programs to issue credits for successful referrals.
• Loyalty Program Integration: Seamless integration with existing loyalty programs to offer credits as rewards.

Flexible Redemption Options

• Partial Payment: Allow customers to use store credits for partial payments, combining credits with other payment methods.
• Discount Application: Enable store credits to be applied as discounts at checkout automatically.

Promotion and Marketing Tools

• Email Notifications: Automatically send emails to customers about credit issuance, balance updates, and expiration reminders.
• Personalized Offers: Create targeted promotions and offers based on customer behavior and credit balance.

By carefully assessing these factors, you can select a Store Credit app that supports not only your immediate requirements but also facilitates your future expansion and enhances customer satisfaction.

Conclusion

In conclusion, choosing the right Store Credit app for your eCommerce business can significantly influence customer satisfaction, operational efficiency, and ultimately, your financial performance. By leveraging a robust Store Credit solution, you can streamline refund processes, enhance customer loyalty through rewards and incentives, and effectively manage returns.

Ultimately, integrating a well-chosen Store Credit app can optimize operations, foster customer loyalty, and drive revenue growth by turning return transactions into opportunities for continued engagement and sales.