Free tool
Effective Rate Calculator
Find your true credit card processing effective rate in seconds by dividing your total fees by your total card volume.
$
$
Your effective rate
3.37%
2.5% to 3.5%Worth a closer look. This range often includes markups that can be reviewed.
Bands are general guidance only, not an industry benchmark.
GET MY FREE STATEMENT REVIEWNo long term contracts.No early termination fees.Dewey Kopenga, in payment processing since 2018
Common questions
What is an effective rate?
It is your total processing fees divided by your total card sales for the same period, shown as a percentage.
Is the verdict an official benchmark?
No. The bands are general guidance only.
Want a person to check the math?
Industry veteran Dewey Kopenga, in payment processing since 2018, reviews your statement fee by fee at no cost.
GET MY FREE STATEMENT REVIEW