Services > Visa/MasterCard Processing
NHFA members are offered some of the best bankcard rates available anywhere through Bank of America's Credit Card Program. Take advantage of rates as low as 1.71% on all qualified transactions.
Schedule of Rates and Categories
Effective April 1, 2008
| |
Qualified
|
Partial-Qualified
|
Mid-Qualified
|
Non-Qualified
|
| AVERAGE TICKET |
Card Swiped
Face-to-Face |
Card Swiped Visa Traditional Rewards |
Visa keyed w/AVS MasterCard keyed |
Does not meet Qualified, Partial-Qualified, or Mid-Qualified Requirements |
| Over $500 |
1.71% |
1.89% |
2.04% |
2.54% |
| $200-500 |
1.77% |
1.95% |
2.10% |
2.60% |
| $100-199 |
1.93% |
2.11% |
2.26% |
2.76% |
| Under $100 |
2.25% |
2.43% |
2.58% |
3.08% |
One time set-up fee: $35.00 per location
Debit Card transaction fee: $0.65 per transaction with PIN pad
Chargeback Fee: $10.00 per occurrence
American Express/Discover Card: $0.15 per item
Visa/MC transaction fee : $0.10 per transaction
More information about this NHFA program (PDF)
More information about other NHFA programs (2MB; PDF)
Visit Bank of America online