Visa Interchange Rates – Australia | September 2021 Update
These credit cards interchange rates are applicable only for domestic transactions within Australia. The rates came into effect by NNSS (National Net Settlement Service by Visa) from the 1st of June 2021.
*ICR = Interchange Rate
| Sr No | Interchange Type | GST (inclusive) | GST (exclusive) |
| 1 |
Super Premium Business – IC Rate
|
0.880%
|
0.80%
|
| 2 | Corporate ICR |
0.880%
|
0.80%
|
| 3 | Purchasing ICR |
0.880%
|
0.80%
|
| 4 |
High Net Worth IC Rate
|
0.869%
|
0.79%
|
| 5 |
Super Premium (Visa Signature) ICR
|
0.858%
|
0.78%
|
| 6 |
Super Premium (Visa Rewards) ICR
|
0.770%
|
0.70% |
| 7 |
Premium Business
|
0.825%
|
0.75%
|
| 8 |
Premium
|
0.792%
|
0.72%
|
| 9 |
Business
|
0.781%
|
0.71%
|
| 10 |
Strategic B2B
|
0.550%
|
0.50%
|
| 11 |
Strategic Merchants – Program IC Rate 4
|
0.330%
|
0.30%
|
| 12 |
Strategic Merchants – Program IC Rate 3
|
0.275%
|
0.25%
|
| 13 |
Service Station rate
|
0.275%
|
0.25%
|
| 14 |
Supermarket rate
|
0.275%
|
0.25%
|
| 15 |
Strategic Merchants – Program IC Rate 2
|
0.242%
|
0.22%
|
| 16 | Strategic Merchants – Program Rate 1 |
0.231%
|
0.21% |
| 17 |
Tokenized Online
|
0.231%
|
0.21%
|
| 18 |
Education
|
0.231%
|
0.21%
|
| 19 |
Transit
|
0.231%
|
0.21%
|
| 20 | Standard IC Rate |
0.231%
|
0.21%
|
| 21 |
Recurring Payment
|
0.231%
|
0.21%
|
| 22 |
Government
|
0.231%
|
0.21%
|
| 23 |
Insurance
|
0.231%
|
0.21%
|
| 24 |
Electronic Rate
|
0.231%
|
0.21%
|
| 25 |
Charity
|
0 (Zero IC Rate) | 0 (Zero ICR) |
Note: 0.550% (incl. GST) of the transaction amount is the Visa interchange rate for only the domestic transactions which are not proceeded by NNSS (Visa).
Continue to: Start a Credit Card Company in Australia
