Mastercard Canada Interchange Rates
Current Mastercard interchange rates for Canadian merchants. Updated for 2025-2026. Understand the true cost of accepting Mastercard payments in Canada.
Last updated: February 2026 · Source: Mastercard official rate schedule
Mastercard is widely accepted across Canada and is one of the primary payment networks for Canadian merchants. Canadian interchange rates are generally lower than US rates due to voluntary commitments made by card networks to the Canadian government.
The tables below show current Mastercard interchange rates for Canadian domestic transactions. Rates vary based on card type, transaction method, and merchant category.
Mastercard Canada Consumer Credit Interchange Rates
Consumer Credit Card-Present
| Card Type | Interchange Rate |
|---|---|
| MC Consumer Core | 1.400% |
| MC Consumer Enhanced | 1.500% |
| MC World | 1.550% |
| MC World Elite | 1.650% |
Consumer Credit Keyed (Card-Not-Present)
| Card Type | Interchange Rate |
|---|---|
| MC Consumer Core Keyed | 1.500% |
| MC Consumer Enhanced Keyed | 1.600% |
| MC World Keyed | 1.650% |
| MC World Elite Keyed | 1.750% |
Commercial Cards
| Card Type | Interchange Rate |
|---|---|
| MC Corporate | 2.000% |
| MC Corporate Data Rate I | 1.900% |
| MC Corporate Data Rate II | 1.800% |
| MC Purchasing | 2.050% |
| MC Purchasing Data Rate I | 1.950% |
| MC Purchasing Data Rate II | 1.850% |
Mastercard Debit
| Card Type | Interchange Rate |
|---|---|
| MC Debit Card-Present | 0.200% + $0.02 |
| MC Debit Keyed | 0.500% + $0.05 |
| MC Prepaid | 1.250% |
Assessments and Network Fees
In addition to interchange, Mastercard charges assessment and network fees on all Canadian transactions.
| Fee Type | Rate |
|---|---|
| MC Card-Brand Assessment | 0.0800% |
| MC Cross-Border (International) | 0.6000% |
| MC Cross-Border Support | 0.4500% |
| MC Digital Enablement Fee | 0.0150% |
*For a complete list of Canadian interchange rates, visit the Mastercard Canada official interchange rates page.
Frequently Asked Questions
Interchange is the fee collected by the cardholder's bank (the card issuer) on every transaction. In Canada, these rates are set by Mastercard and are generally lower than US rates due to voluntary commitments made to the Canadian government.
Canadian interchange rates are generally lower than US rates. Following commitments to the Canadian government, Visa and Mastercard agreed to cap average effective interchange rates for Canadian merchants, resulting in more competitive rates than the US market.
Consumer cards are issued to individuals for personal use and typically have lower interchange rates. Commercial cards (corporate, purchasing, business) are issued to businesses and may have higher rates, though Level 2/3 data submission can reduce costs.
Mastercard typically updates interchange rates twice per year, in April and October. We update this page to reflect the latest published rates.
Interac is Canada's domestic debit network and operates separately from Mastercard. Interac transactions have their own fee structure, typically a flat per-transaction fee rather than a percentage-based interchange.
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