Today, there are over 1,500 applications on Shopify that allow you to set up a store credit system. Choosing a suitable one may be a tremendous task, so let us help you.
Shopify Store Credit Apps – What are they for?
Shopify store credit apps are third-party tools you can add to your Shopify store. They help you set up a system where customers can earn and redeem store credit on purchases they make at your store.
How does a Store Credit App work?
A store credit app on Shopify helps you manage credits for customers who return items. The app lets you issue credit, see credit balance changes of each customer, and modify credit expiration dates and credit limits. Here are the breakdowns:
- Issuing Credit: When a customer returns an item, instead of cash refunds, the merchant will give the customer store credit.
- Customer Notifications: The app will notify about the customer’s credit through email or their account.
- Using Credits: Customers can use their credit when buying something from the store. The credit cannot be used outside of the store.
- Expiration: Credits will expire, encouraging customers to use them sooner.
- Restrictions: Merchants can set rules on how credits are used, like limiting them to certain products.
- Reports: Some applications help merchants to track how credits are used over time.
Up til now, there are over 130 apps on Shopify that offer store credit-related functions. The following are the best hand-picked credit apps on Shopify.
See more: What is Store Credit & How it works?
FreshCredit
FreshCredit for Shopify appears to be a well-regarded app that helps store owners manage store credit for customers.
User Feedback on FreshCredit:
- Overall Rating: 4.3 out of 5 stars
- Total reviews: 100+
Pros of FreshCredit :
- Easy to use: Customers can easily store and track their credit balance within their accounts.
- FreshCredit simplifies the process of issuing and managing store credit.
- Developer team customized the version of the app to match the store’s appearance
- Import/export customer credit information in bulk using CSV files.
- SMS/ email notification to customers about credit balance volatility as well as other system updates.
- Support: Users praise the app’s customer support team for being helpful and responsive.
Cons of FreshCredit :
- No free subscription
This app offers a straightforward way to handle store credit. It lets you create, edit, and remove credit balances for customers easily. It’s perfect for businesses that want a simple but effective credit system.
Pricing is based on the number of customers, which means if you have 50k customers but only 5 with store credit accounts you have to pay for all 50k. As you pay for your customer counts, there is no free plan.
CreditsYard
CreditsYard appears to be a strong contender for managing store credit within your Shopify store. Here’s a breakdown based on user reviews and available information:
User Feedback on CreditsYard
- Rating: 4.9
- Total review: 20+
Pros:
- Various functions are available: store credit wallet for returns, exchanges, and even cashback programs
- Automate purchase-based cashback rewards. This function can also be applied to specific collections or products.
- Add or subtract credit from multiple customers at once for streamlined management.
- CreditsYard’s customer support for being prompt and helpful.
Cons:
- They are new, which means some features may not well-established.
- No free subscription
It’s easy to use and has many features. You can customize credit names, set expiry dates, and manage customer activity from a simple dashboard. Plus, their customer support is excellent.
AfterShip: Return
AfterShip Returns for Shopify is an outstanding app, which is designed to simplify return management and provide customers with a positive experience. In general, the app takes time to learn due to its plentiful functionalities.
User Feedback on AfterShip: Return
- Rating: 4.7
- Total review: 2,200+
Pros:
- Various apps and platforms integration (Shopify Flow, Shopify POS, Shopify Flow, UPS, FedEx, USPS, Canada Post, Gorgias)
- Easy setup and smooth integration with Shopify.
- Customizable return process for specific needs.
- Automate functions, including returns and email notifications
- Great Customer Support: Many reviewers mentioned AfterShip’s customer service as helpful and responsive.
- Provide valuable data and insights on deliveries, helping you optimize your fulfillment process.
- Support advanced Shopify Stores.
Cons:
- Store credits are only available in the pro package ($59)
- Minor problems with payments are reported sometimes.
- Third-party apps can enhance functionality but may add to your expenses.
- Advanced features may take time to get used to
To sum up, AfterShip: Return is a highly evaluated order tracking app for Shopify stores, praised for its user-friendliness, live tracking, and affordable pricing. Even though the store credit feature is only available in the pro subscription, the app is still worth considering
MP – Store Credit
Returns happen, and MP – Store Credit makes the process easier. It provides a branded return portal for customers, improving satisfaction with hassle-free returns and potentially leading to exchanges using store credit.
User Feedback on MP – Store Credit
- Rating: 4.9
- Total review: 20+
Pros
- Store credit can be a convenient way to shop without having to worry about carrying cash or using a credit card.
- Offering store credit can incentivize customers to return to your store and spend more money.
- Store credit can be used on a variety of items, giving customers more flexibility in their purchases.
- Store credit can be a good way to resolve customer issues, such as returns or damaged products.
Cons
- Customers may forget about store credit or let it expire unused.
- Since store credit represents money that hasn’t yet been fully earned, it can slightly reduce your profit margin on those sales.
- Store credit may only be valid at a specific store or for certain products.
- Overall, MP store credit can be a valuable tool for businesses, but it’s important to weigh the pros and cons before deciding to offer it.
BixGrow: Affiliate Marketing
BixGrow focuses on the distribution of store credits for brand affiliates’ networks. It lets you create affiliate programs where affiliates can get store credit for referring others. These credits can then be exchanged for coupons or special vouchers, which can be used to buy in-store items or for promotional purposes.
User Feedback on BixGrow: Affiliate Marketing
- Rating: 5
- Total review: 970+
BixGrow Pros
- Super easy to get used to
- User-friendly UI/UX
- Fraud detection
- Bulk brand advocates payout
- Support affiliate commission as store credits
BixGrow Cons
- Small affiliate network
Shopwaive
Shopwaive focuses on recovering abandoned carts. It sends automatic emails to customers who leave items in their carts, reminding them to finish their purchases. Shopwaive helps you regain lost sales and turn them into store credit opportunities.
User Feedback on BixGrow: Affiliate Marketing
- Rating: 5 ·
- Total review: 15+ votes
Shopwaive Pros
- Shopwaive automates credit issuance and management, eliminating manual tasks and potential errors.
- Easy to use and navigate, making it simple to keep accounts in order.
- Excellent customer service
- Integrate with 6,000+ apps, offering flexible uses
Shopwaive Cons
- Shopwaive is a new app, meaning there are potential feature shortcomings
Loop Returns & Exchanges
Loop Returns & Exchanges is great for businesses that want to grow. It’s certified for Shopify Plus and offers advanced features like customizable credits and detailed reporting. If you have lots of credit transactions or expect big growth, Loop Returns & Exchanges is a good choice.
User Feedbacks
- Overall Rating: 4.6
- Total reviews: 140+
Pros of Loop Returns & Exchanges
- User-friendly UI for both shop owners and customers. The return portal is clean and straightforward for customers to navigate.
- Loop automates a big chunk of the returns and exchanges process, saving you time and resources.
- The app provides analytics on return rates, reasons for returns, and customer behavior.
- A customizable return portal to match your brand identity.
- Various features that would improve the customer experience, e.g. bonus credit offerings
Cons of Loop Returns & Exchanges
- It may be costly for small business
- While Loop can benefit businesses of all sizes, the higher cost might be a big obstacle
This app is great for businesses that want to grow. It’s certified for Shopify Plus and offers advanced features like customizable credits and detailed reporting. If you have lots of credit transactions or expect big growth, Loop Returns & Exchanges is a good choice.
Wanna see more apps reviews?
Conclusion
To conclude, store credit apps are the key to keeping customers coming back. For example, Shopwaive lets you use store credit instead of giving refunds easily. CreditsYard helps you keep track of credits well. Rewardify lets you make loyalty programs that fit your business perfectly. FreshCredit makes managing store credit easy.
Having an app like one of those is a must for Shopify stores.
Dan Muller
I have been working in marketing for four years, passionate about creative writing and copy writing. Love to be alone at watersides, sip coffee, play games or read anything that is thought provoking.