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Domestic Point of Sale Interchange Rate Programs
| Program Name |
Interchange Rate |
MasterCard Rate 1 – Purchasing Programs
(e.g., Business cards, Travel and Entertainment cards, Fleet cards, Small Business card programs, Sole-proprietor card programs)
|
2% minus CAD 0.15 with a minimum of CAD 0.10 |
MasterCard Rate 2 - Standard Programs
(e.g., MasterCard transactions not qualifying for MasterCard Rate 1)
|
1.70% minus CAD 0.25 with a minimum of CAD 0.05 |
MasterCard Rate 3 - Maestro Programs
(e.g., all Maestro transactions)
|
0.65% |
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In the event of any discrepancy between this information and MasterCard’s official rates and criteria, the official rates and criteria will apply.
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