Card Processing Effective Rate CalculatorPercent, Per-Item and Monthly Fees

Is the practice earning what it should for the hours it spends?

Effective card processing rate from percent fees, per-transaction fees and fixed monthly fees, with yearly cost and a flat-rate plan comparison.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
Effective processing rate
2.43%
All card fees as a share of card sales
Total monthly fees
$1,945
Yearly fees at this volume
$23,340
Drawn to one scale
Total monthly fees$1,945
Yearly fees at this volume$23,340
Average ticket$50
Average fee per transaction$1
Flat-rate plan monthly fees$2,320
Monthly saving on the current plan versus flat rate$375
All results
MeasureResult
Effective processing rate2.43%
Total monthly fees$1,945
Yearly fees at this volume$23,340
Average ticket$50
Average fee per transaction$1
Flat-rate plan monthly fees$2,320
Monthly saving on the current plan versus flat rate$375
How this was worked out
Work shownrecomputed as you type
Monthly fees = sales x percent fee + transactions x per-item fee + fixed monthly fees
Effective rate = monthly fees / sales
Flat-rate plan = sales x flat percent + transactions x flat per-item fee

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Monthly fees = sales x percent fee + transactions x per-item fee + fixed monthly fees
  • Effective rate = monthly fees / sales
  • Flat-rate plan = sales x flat percent + transactions x flat per-item fee

How it works

Card pricing mixes three parts: a percent of each sale, a fixed fee per transaction and fixed monthly charges. The quoted percent is never the full cost. The effective rate divides every fee on the statement by card sales, which is the number to compare across providers.

Small tickets carry the per-item fee as a large share of the sale, so a coffee shop pays a higher effective rate than a furniture store on the same pricing. Enter the blended percent from a recent statement. For interchange-plus pricing, enter the average combined interchange, network and markup percent.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Where do I find these figures?

On the monthly processing statement: total volume, transaction count and the fee summary.

Why does my effective rate change month to month?

The card mix shifts. Rewards cards, card-not-present sales and small tickets cost more.

Can I pass the fee to customers?

Surcharge rules differ by card network and state. Check both before adding a surcharge.

Formulas on this page are the standard definitions.

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

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