Annual fee
On a statement: ANNUAL FEE: $99.00 · BILLED IN JANUARY
A once-a-year charge, often billed in January or on your anniversary month, for nothing in particular — it is sometimes labeled a 'membership' or 'account maintenance' fee. Because it only shows up once, it is easy to miss when comparing monthly statements.
What a fair version looks like
$0. There is no annual cost to the processor that this covers.
What 321 Swipe would do
We look at twelve months of statements, not one, so once-a-year fees can't hide — and we have them removed.
See it on a statement
This isn't a monthly charge — it appears in the contract terms on our sample statement.
Is this on your statement?
Send it and we'll tell you — along with everything else on there that shouldn't be. A phone photo of the fee page is enough.