Charge Card

Structure a solution in Canopy that lets you onboard borrowers into a charge card program!

Charge cards are a solution that make sense for borrowers who typically need short cycles of borrowing and repayment of various amounts. They normally require balance payment in full each cycle and charge little or no interest, though not always.

You can take full advantage of our charge card solutions by additionally leveraging one of our popular issuer-processor-integrations.

Example: Basic Charge Card Product#

If you'd like to be a bit more advanced and figure out the many ways to tweak the configurations of your product, you can check out our Product Config Tips and Tricks. This lets you do fancy things like:

  • Charge various fee structures for borrowers
  • Set grace periods for missed payment penalties
  • Automate account status changes for late payments
  • And more!

Charge Card: Request Payload Example
"effective_at": "1900-01-01T12:00:00+00:00",
"external_product_id": "", // Some ID unique to your system (optional)
"product_overview": {
"product_name": "Charge Card Example",
"product_type": "REVOLVING",
"product_short_description": "ch-c",
"product_long_description": "B2B Charge Card.",
"product_color": "#0000FF"
"product_lifecycle_policies": {
"billing_cycle_policies": {
"cycle_interval": "7 days",
"cycle_due_interval": "5 days"
"default_attributes": {
"default_credit_limit_cents": 600000
"promotional_policies": {
"promo_len": 999999,
"promo_min_pay_type": "PERCENT_PRINCIPAL"
"post_promotional_policies": {}

To learn more about why we chose these specific configurations, check out Configuration Tips for Products.