Discover Interchange Rates

Background

Discover Interchange Rates

What Are Interchange Rates?

Discover is one of the most widely used credit cards in the United States, along with Visa, MasterCard, and American Express. Discover is very popular among consumers for their low introductory rates, no annual fees, great benefits and rewards, and 24/7 American-based customer service.

Accepting Discover can be a tremendous benefit to your business, especially due to its popularity among younger consumers. Some business owners choose not to accept Discover due to misperceptions of their rewards cards being “more expensive” than other card brands.  Discover interchange rates are very comparable to Visa and Mastercard despite the tremendous rewards they offer to their cardholders.

We’ve eliminated the confusion and complexity that comes from accepting credit cards by offering interchange plus, or cost-plus, pricing plans. We offer a transparent, small fee on top of the standard Discover interchange rates.

View Payline Pricing Plans >

What Are Discover Interchange Rates?

Interchange refers to the fee collected by the customer’s credit card bank (Discover, in this instance) on every transaction. These rates are set by Disocver each year and apply to every processor in the payments industry. In simpler terms, interchange is the wholesale cost that the processor has to pay on every credit card transaction. Interchange rates are part of Payline’s interchange plus pricing plans. We simply pass on the wholesale cost from the card issuer and then add on a transparent, small fee.  The tables below provide a breakdown of the current Discover interchange rates.

View More Information On Processing Fees >

Current Discover USA Interchange Rates

Card-Type

Interchange Rate

Debit Card-Present
Discover Debit 1.100 % + 16¢
Discover Debit Regulated 0.050 % + 22¢
Debit Keyed
Discover Debit Keyed 1.750 % + 20¢
Discover Debit Keyed Regulated 0.050 % + 22¢
Credit Card-Present
Discover Consumer 1.560 % + 10¢
Discover Rewards 1.710 % + 10¢
Discover Premium 1.710 % + 10¢
Discover Premium Plus 2.150 % + 10¢
Discover Commercial 2.300 % + 10¢
Credit Keyed
Discover Keyed Consumer 1.870 % + 10¢
Discover Keyed Rewards 1.970 % + 10¢
Discover Keyed Premium 2.000 % + 10¢
Discover Keyed Premium Plus 2.400 % + 10¢
Discover Keyed Commercial 2.300 % + 10¢
Recurring
Discover Debit Recurring 1.200 % + 5¢
Discover Debit Recurring Regulated 0.050 % + 22¢
Discover Recurring Consumer 1.350 % + 5¢
Discover Recurring Rewards 1.350 % + 5¢
Discover Recurring Premium 1.350 % + 5¢
Discover Recurring Premium Plus 1.800 % + 5¢
Discover Recurring Commercial 2.300 % + 10¢
International (In-Person)
Discover Card-Present International Debit/Prepaid 1.200 %
Discover Card-Present International Consumer 1.650 %
Discover Card-Present International Rewards 1.650 %
Discover Card-Present International Premium 1.650 %
Discover Card-Present International Premium Plus 1.650 %
Discover Card-Present International Commercial 1.900 %
International (Keyed)
Discover Keyed International Debit/Prepaid 1.700 % + 10¢
Discover Card-Present International Consumer 1.700 % + 10¢
Discover Card-Present International Rewards 1.700 % + 10¢
Discover Card-Present International Premium 1.700 % + 10¢
Discover Card-Present International Premium Plus 1.790 % + 10¢
Discover Card-Present International Commercial 1.900 % + 10¢

Assessments and Association Fees

Discover Card-Brand 0.130 %
Discover Data Usage Fee 1.95¢
Discover Data Transmission Fee 0.25¢
Discover International Cross-Border 0.800 %
Discover International Processing Fee 0.500 %

* The above are the most common interchange qualifications. For a complete list of US interchange rates, please contact the Discover Card Network.

Credit Card Processors:
Everything You Need to Know

Learn everything you need to know about working with credit card processors with our comprehensive guide.

Learn More

Credit Card Payment Processing Without the Added Confusion

Understand the different types of credit card payment processing fees with our simple pricing breakdown.

Learn More

How to Choose the Right Credit Card Processing Company

There is a lot at stake when choosing the right credit card processing company to work with. Businesses must be savvy when selecting a partner, so we’ve put together a checklist to help.

Learn More

© 2019 Payline Data Services, LLC. All right reserved.
Terms of Service | Privacy Policy | Cardinal Digital Marketing

Payline Data Services LLC is a registered ISO/MSP of Fifth Third Bank, Cincinnati, Ohio, Member FDIC.
Payline Data Services, LLC is an ISO of Wells Fargo Bank N.A., Concord, CA