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Bank of America Merchant Services

Bank of America Merchant Services pricing

Rates and fees for Bank of America Merchant Services, each with its source and the date we checked it. What your customers pay is shown apart.

Plans

Plans
PlanPriceBilled perNotes
Starter$10/monthBank of America (opens in a new tab) · Vendor website · deviceIn-store payments with in-line tipping. Basics ($10 a month per location) is web-only, for payments without hardware.
Growth$79/monthBank of America (opens in a new tab) · Vendor website · locationAdds menu and table management, open tabs, auto gratuity and tip adjust.
Pro$129/monthBank of America (opens in a new tab) · Vendor website · locationAdds online ordering and a kitchen display.

Card rates and fees

Card rates and fees
FeeAmountApplies to
In-person card rate2.65%Bank of America (opens in a new tab) · Vendor website · per transaction · In person
In-person fee per transaction10¢Bank of America (opens in a new tab) · Vendor website · per transaction · In person
Online card rate2.99%Bank of America (opens in a new tab) · Vendor website · per transaction · Online
Online fee per transaction30¢Bank of America (opens in a new tab) · Vendor website · per transaction · Online
Keyed-in card rate3.5%Bank of America (opens in a new tab) · Vendor website · per transaction · Keyed
Keyed-in fee per transaction15¢Bank of America (opens in a new tab) · Vendor website · per transaction · Keyed
Growth plan, each additional terminal$19/monthBank of America (opens in a new tab) · Vendor website · per additional device (after the first) · Only on the Growth plan
Pro plan, each additional terminal$29/monthBank of America (opens in a new tab) · Vendor website · per additional device (after the first) · Only on the Pro plan
PCI compliance feeNot publishedBank of America (opens in a new tab) · Vendor website · Not published: its encryption and tokenization come at no extra cost and its Product Guide includes the PCI Assist portal, but Bank of America doesn't say whether a PCI program fee applies; its fees are in the fee schedule given before you open the account.per account
Statement feeNot publishedBank of America (opens in a new tab) · Vendor website · Not published: Bank of America puts its fees in the fee schedule it gives you before you open the account, and it doesn't say whether a statement fee applies. It advertises no hidden fees.per account
Annual feeNot publishedBank of America (opens in a new tab) · Vendor website · Not published: Bank of America puts its fees in the fee schedule it gives you before you open the account, and it doesn't say whether an annual fee applies. It advertises no hidden fees.per account
Fee per settlement batchNot publishedBank of America (opens in a new tab) · Vendor website · Not published: Bank of America puts its fees in the fee schedule it gives you before you open the account, and it doesn't say whether a batch fee applies. It advertises no hidden fees.per settlement batch
PCI non-compliance feeNot publishedBank of America (opens in a new tab) · Vendor website · Its Merchant Services agreement isn't public; the fee schedule is given when you open the account.per accountOnly if you don't complete your PCI compliance.
Monthly minimumNot publishedBank of America (opens in a new tab) · Vendor website · Its Merchant Services agreement isn't public; the fee schedule is given when you open the account.per accountOnly when your processing fees in the month are below the minimum: you pay the difference.
Chargeback feeNot publishedBank of America (opens in a new tab) · Vendor website · Bank of America charges a fee per chargeback but only lists it in the fee schedule given at account opening.per accountEach time a customer disputes a charge.

Hardware

Ownership
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Works with another processor
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Hardware
ItemUpfrontMonthly
Compact A8700$729Bank of America (opens in a new tab) · Vendor website · —
Hybrid A800$539Bank of America (opens in a new tab) · Vendor website · —
Pocket A6630$589Bank of America (opens in a new tab) · Vendor website · —
Mobile Card Reader D135$109Bank of America (opens in a new tab) · Vendor website · —