Most of the attention on fees has focused on the charges that cardholders have to pay directly. Examples include fees to advance cash from a card account, fees for late payments, annual fees on a card account, or annual fees on a card account that carries a rewards or benefits program. But many cardholders would be surprised to learn that the interchange, which they pay indirectly in the cost of their good and services, is card issuers’ largest single source of fee income, accounting for 50% of all the income an average card issuer will make from fees this year. This compares to 27% of total fee income from penalties, 13% from cash advances, 8% from annual fees and 2% from fees on for card enhancements and rewards programs.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.