Enhanced Value Merit III

Enhanced Value Merit III is the MasterCard Interchange rate for an Enhanced Value rewards card type card present credit transaction.

Interchange fee: 1.80% + $0.10

Change History:

  • 1.73% + $0.10 October 2019

Primary Qualifications:

  • Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization
  • Banknet reference number and Banknet date required in clearing transaction.

When was the last time the interchange rate for Enhanced Value Merit III increased?

The last time this interchange rate increased was in April 2020.