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Credit card fees

If spare change donations come from my credit card purchases, will there be a 2.2% +.30 cents fee on each transaction?

Raagini Sarkar avatar
Written by Raagini Sarkar
Updated over a year ago

That depends. In most cases, the Goodworld platform will utilize the ACH payment mechanism available at your issuing bank. In this case, only ACH fees are taken at a 0.8%, which equates to about 4 cents on each $5 transaction. 

There is a rare case where your bank will not allow a withdrawal using the ACH payment mechanism and will require you to enter your credit card details to make the payments. If this occurs, there will be a 2.2% + .30 cents fee on each $5 transaction. You can cover this fee to ensure your cause receives 100% of your donations. 

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