Average Interchange Fees

The typical interchange rate is 1.7% - 2% for credit cards and 0.5% for debit cards.

Here are the average credit card processing fees for the 4 major credit card networks:

• Visa: 1.4% - 2.5%
• Mastercard: 1.5% - 2.6%
• Discover: 1.55% - 2.5%
• American Express: 2.3% - 3.5%

Note: The credit card networks typically update their interchange fees twice a year, in April and October.