Current US Interchange Rates

The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. These card companies include Visa, Mastercard, AMEX, Discover. Interchange rates change twice a year – in April and October. Payment processing companies make money by putting a markup on top of the interchange rate. This is called cost-plus or interchange plus pricing. “Interchange” being the card company rate and “plus”  being the markup by the payment processor. Interchange-plus pricing structure has the lowest rates and compared to all other pricing structures, including tiered and flat rate pricing which are much more expensive.

Common Visa and MasterCard Interchange Rates
All Visa and MasterCard Interchange Rates
Visa Debit
MasterCard Debit