4 ms·
Different cards on the same network have different fees Visa Credit Card Swipe Rate (card present) Visa Credit Basic 1.51% + 10¢ Visa Rewards Traditional 1.6
by cheriot 4y ago
Different cards on the same network have different fees
Visa Credit Card Swipe Rate (card present)
Visa Credit Basic 1.51% + 10¢
Visa Rewards Traditional 1.65% + 10¢
Visa Rewards Signature 2.30% + 10¢
Visa Rewards Signature Preferred 2.1% + 10¢
Visa Business 2.20% + 10¢
Visa Corporate 2.50% + 10¢
https://www.creditdonkey.com/interchange-rates.html https://www.creditdonkey.com/interchange-rates.html
Ideally, the CC fee would be a line item in the receipt specific to the card. Then people will make more informed decisions about which card to use. With the "discount" model the fee changes at each merchant when it should always be the same for a particular card.