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Interchange Fee

An interchange fee is a fee paid by the acquiring bank/merchant bank to the issuing bank for transactions processed. The fee compensates the issuer for the time after settlement with the acquiring bank/merchant bank and before it recoups the settlement value from the credit/debit cardholder.


Previous Credit Card Term: Interchange

Next Credit Card Term: Interchange Rate


* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.