Monthly Minimum
How the $50 processing fee minimum is charged
Step-by-step guide
The monthly minimum
Your account has a $50 monthly minimum on processing fees. If your processing fees for the month add up to $50 or more, nothing extra is charged. If they add up to less than $50, the difference is billed so the total for the month comes to $50.
The simple version
- Processing fees above $50 in a month — no minimum charge.
- Processing fees below $50 in a month — you pay $50 in total.
- No sales in a month — processing fees are $0, so the full $50 is charged.
The minimum is never added on top of fees that already reach $50. It only ever tops your fees up to $50.
Where to see it
The minimum charge appears as its own line on your monthly statement in Statements, next to your processing fees for the same period. The transactions behind those fees are listed in Transactions.
