Detailed Rate Chart
MERCHANT DISCOUNT RATES
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| Industry specific Rates for CAD $ Accounts | Consumer Electronic (for most CAD $ Accounts) |
1.2596% | 0.9296% | 1.68% |
| (Visa*) Everyday Needs | 1.2096% | |||
| Grocery | 1.0096% | |||
| Petroleum | 1.0796% | |||
| US $ Account4 | 1.7796% | 1.7796% | N/A | |
| Kilobyte Fee per Settled Transaction in USA | N/A | $0.0089 | ||
| Cross Border Fee | 0.6000% | |||
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Additional Fees for |
Assessment/Network Fee | 0.1017% | 0.0904% | 0.12% |
| Acquirer License Fee | N/A | 0.007% | N/A | |
| Non-Qualified Transaction Processing Fee | 0.25% | |||
| Interchange Different/Wholesale Discount Differential | Passed through at cost, as set by Visa, Mastercard and American Express |
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| Per Transaction Fee | $0.0215 | Monthly Admin. Fee | $3.95 |
| Switch Fee | $0.0085 | ||
| Interac® Flash Added fee for contactless payment |
$0.02-$0.035 As set by Interac® |
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More than just great rates
Chase has proven themselves as a long-term, trusted partner with CFIB, and our members not only enjoy great rates, but also:
- No hidden fees
- No cancellation fees
- 24/7 bilingual customer support
When comparing CFIB’s member-exclusive rates above with other payment processors, make sure you’re comparing apples to apples since other payment processors may add on other, sometimes hidden fees.
Finally, be careful of terminal leasing agreements. Chase rents its terminals on a monthly basis, so there are no long-term leasing contracts or penalties to upgrade or cancel your terminal rental. Many other processors will try to entangle you with long-term leasing contracts.
