Following increases in Card Scheme Fees, Barclaycard has notified us of changes to the rates for members on NFRN terms.
These changes only affect Visa Business Debit Card charges, as they increase from 0.4% to 0.8% on April 1 2022.
Transactions of this type account for less than 1% of the groups card turnover so impact will be minimal.
You will receive official notification direct from Barclaycard in due course.
If you’re not on the NFRN Barclaycard deal, it is likely your provider will be adjusting its pricing too so it could be a good time to review your rates! Contact Connect on 0800 121 6376, for further details.
Learn more on the Barclaycard deal here.