Redeemer's is committed to being a faithful manager of every dollar given. In that spirit, we offer this explanation of the various ways you can give, and the related costs.
BANK / EFT: If you give directly from your bank account (called an Electronic Funds Transfer or EFT payment), there is a $.40 transaction fee and a .5% ACH fee for each donation, regardless of the amount of the transaction. (Example: if you give $100 via a bank draw, we receive $99.10, and $.90 goes to fees. If you gave every month, after a year, Redeemer's receives $1,189.20, and $10.80 goes to fees.)
DEBIT / CREDIT CARDS: If you use a debit or credit card to give, there is a $.50 fee for each transaction, additionally, there is a 2.75% credit card fee deducted if you use a VISA, MasterCard, Discover or American Express. (Example: if you give $100 with a credit card, Redeemer's receives $96.75, and $3.25 goes to fees. If you gave every month, after a year, Redeemer's receives $1,161.00 and $39.00 goes to fees.)
Note that our vendor does not allow processing of gifts smaller than $5.00.