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Financial Affairs

Credit Card Discount Fees and Rate Sheet


Description: Provides departments that have a designated department credit card terminal or third-party vendor with an estimate of current charges associated with credit card payments.

Last Revised On: 05/20/2011

Owner/Host: Fiscal Services

Download File: PDF

Related Forms/Worksheets:

Related Financial Management Operational Guideline(s) (FMOG):

Revision History:

  • 05/20/2011: Added gross sales rate for all Visa transactions, gross sales rates for MasterCard transactions (under and over $1,000). Added No Clearing Record Rate and Late Reversal Rates to the Additional Fees field.

  • 10/06/2010: Changed the discount rates for Visa/MasterCard as the 0.01% rate increase does not apply to UT merchants.

  • 09/24/2010: Changes (0.01% increase) to the discount rates for Visa and MasterCard.

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