Card fee check-up

Credit card fee calculator: find the rate you really pay.

Type two numbers from your card statement, or let the page read the PDF on your device. Free, no sign-up.

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Check your statement

Use one month: total card sales and every fee taken that month.

How the real rate works

Your real rate, sometimes called your effective rate, is every fee for the month divided by your card sales for the month.
The rate you were quoted is often only the percent part. Per-swipe cents, monthly fees and higher rates on some cards push the real number up.
Interchange and assessments are set by the card networks and passed through. The processor's own markup is the part you can talk about.
On $40,000 a month in card sales, $1,000 in fees is a 2.5% real rate. If you were told 2.3%, that gap is about $80 a month, $960 a year.

Before you call your processor (advice)

Ask in writing, and keep the answers with your contract.
Ask whether you're on interchange-plus pricing, where their markup shows as its own line. Tiered pricing makes the markup hard to see.
Ask what each monthly fee is for. PCI non-compliance fees often stop once you fill in the yearly security form.
Before you switch, ask whether your contract has an early termination fee, and whether your card machines are leased.

This is a calculator, not financial or legal advice. Fees and contracts differ by processor.

Keep more with RightPlace

Your menu on RightPlace can show each card price with the cash price under it, from one setting in your manager screen.
Print the cash discount sign for your door and register from your spot kit.
Each month, type the numbers from your processor statement and see what you kept.
RightPlace never touches a payment. Guests pay at your register the way they do today.

Questions owners ask

What is an effective processing rate?

Every card fee for a month divided by that month's card sales. It's the rate you really pay, all fees in.

Why is my real rate higher than my quote?

A quote is often only the percent part. Per-swipe cents, monthly fees and higher rates on rewards and business cards add to it.

Which fees should I ask about?

Payment consultants commonly point to monthly minimums, PCI non-compliance fees, statement and account fees, and downgrades. Ask what each one is for before you decide anything.

Does the page keep my statement?

No. The PDF is read on your device and never sent or saved. Only the three numbers you type stay in this browser.

Is it free?

Yes. No sign-up, no ads, and nothing to download.