Credit Card Fee

How much do credit card fees typically cost for short-term rental payments?

Credit card fees in Australia generally range from 1.5% to 3% per transaction, depending on the provider (e.g., Visa, Mastercard, or American Express) and the payment processor used by your booking platform.

Can I pass credit card fees on to guests?

Yes, but you must disclose any surcharges upfront and comply with the RBA’s surcharging standards. Surcharges cannot exceed the actual cost of processing the payment.

Which payment methods avoid credit card fees?

Direct bank transfers (OSKO/PayID), POLi payments, or platforms like Airbnb that absorb fees for hosts (in some cases) can help avoid extra charges.

How do credit card fees impact my rental income?

Credit card fees directly reduce your net earnings from each booking. These costs accumulate significantly over multiple transactions, potentially affecting your annual profitability. Many hosts either absorb these fees as a business expense or build them into their pricing strategy, though the latter may make your rates less competitive. The impact varies based on your booking volume and average transaction value.

How does MadeComfy manage credit card fee payments?

MadeComfy optimises payment processing by negotiating competitive merchant rates and clearly outlining fee structures. They ensure compliance with Australian regulations while minimising cost impacts for hosts.