FeesToGrowth
Menu
Fee calculatorGuidesIndustriesFree marketingResultsFree Fee Review
Free tool · 30 seconds

Credit Card Processing Fee Calculator

Two numbers from your last statement tell you your real rate, whether it's high, and roughly what a better setup would save.

$
$

Not sure where these are? Look for "total amount submitted" or "gross sales," and "total fees" or "fees charged." Our statement guide shows where to find both.

Your effective rate
3.09%
1.5%3.0%4.5%+
High

You pay about $44,556 a year to accept cards. You're likely paying more than you need to. This is where switching usually saves the most.

Better pricing, same setup

Pricing at the card brands' real cost plus a fixed markup, no junk fees, and lower rates on business cards.

$593–$1,073/mo

Dual pricing or surcharging

Card-paying customers cover the cost, where your state allows it. Our partner's clients saw 55% to 98%.

$2,042–$3,527/mo
At $120,000 a month, you qualify for the full $10,000 marketing package free when you switch.
Get my exact numbers free

Estimates only. Your real savings depend on your card mix, average ticket, industry and state rules. A statement review gives you exact numbers.

How the calculator works

Effective rate is your total fees divided by your total card sales. It includes everything: interchange (the card-issuing bank's cut), network fees, the processor's markup, and monthly extras like PCI and statement fees. See what normal processing fees look like to compare.

Better pricing estimates what you'd save at a competitive 2.2% to 2.6% all-in rate, which is common on interchange-plus pricing with no junk fees. If you're already under that, this shows "already lean." More in how to reduce credit card processing fees.

Dual pricing or surcharging shows a 55% to 95% reduction, the range our processing partner's published clients saw when customers paying by credit card started covering the cost. It depends on your state's rules and how many customers pay by debit, cash or check. Learn how dual pricing, credit card surcharging and a cash discount program work, or compare your options for credit card processing for small business.

Questions

What is an effective processing rate?
It's your total processing fees divided by your total card sales for the same month. If you paid $3,000 in fees on $100,000 of card sales, your effective rate is 3.0%. It's the only number that lets you compare processors fairly, because it includes every fee, not just the advertised rate.
What's a good effective rate?
For most card-present and invoiced US businesses, an effective rate around 2.2% to 2.6% on interchange-plus pricing is competitive. Under 2.5% is lean, 2.5% to 3.0% is typical, and over 3.0% usually means you're overpaying. Businesses with lots of rewards and business cards, or mostly keyed-in and online payments, run higher.
Why does dual pricing save so much more?
Better pricing only trims the processor's markup and extra fees. Dual pricing shifts most of the cost itself to customers who choose to pay by credit card, so your net fees can fall by 55% to 98%. It's allowed in most states with rules, and debit cards can't be surcharged.
Is this calculator accurate?
It gives you a fast estimate. Your exact savings depend on your card mix, average ticket size, industry and state rules, which only a review of your statement can show. That review is free.

Want exact numbers instead of an estimate?

Send us one recent processing statement. We'll show you your real rate, what a better setup would save, and whether you qualify for the $10,000 marketing package.

Get a Free Fee ReviewTry the fee calculator