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- High Value Key Entered
High Value Key Entered
High Value Key Entered is the MasterCard Interchange Fee for a high value rewards card type credit transaction.
Interchange fee: 2.60% + $0.10
- 2.50% + $0.10 October 2019
- Cardholder and card present at time of authorization, signature obtained, single electronic authorization, transaction settled within 1 day of authorization, Banknet reference number and Banknet date required in clearing transaction.
- The sixth position of the approval code must be either an "S" meaning participation in MasterCard High Value or "T" meaning participation in MasterCard High Value and MasterCard Product Graduation.