I wanted to start this thread to get a feeling for what other fastlaners are getting from their merchant accounts in regards to fees and services.
For example, Bank of America is offering us this:
$25 setup fee
$94.75 annual fee
$9.99 Monthly fee
1.99% Discount rate (Visa, Mastercard, Discover) plus $0.20 transaction fee
2.89% Discount rate (Amex) plus $0.15 transaction fee
No cancelation fee.
What are you getting from your bank?
For example, Bank of America is offering us this:
$25 setup fee
$94.75 annual fee
$9.99 Monthly fee
1.99% Discount rate (Visa, Mastercard, Discover) plus $0.20 transaction fee
2.89% Discount rate (Amex) plus $0.15 transaction fee
No cancelation fee.
What are you getting from your bank?
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