The Paycove BlogThe September 2026 edition
$400,000,000+ collected on payment plans since 201715,000+ students on a plan instead of a high-interest loan1,000+ locations one business runs on Paycove1 Aug 2026 Louisiana bans surcharges on debit cards1 Jul 2026 Connecticut joins the total-price states19 Jun 2026 Nacha's fraud-monitoring rules reach every business collecting by ACHPending Visa and Mastercard settlement: what could change for surchargingNew One LLC per location, or one for all? What changes for your paymentsNew Payment plans in Pipedrive: what the CRM does on its ownNew HubSpot payment plans on invoices: what's available today

What does ACH save on a $15,000 plan?

The fee on card vs bank transfer, installment by installment. Calculator inside.

By PaycoveSep 22, 2026 · 2 min read
In brief

At Stripe's standard US rates, a $15,000 plan paid as $1,500 down and twelve monthly payments costs $438.90 in card fees and $65 by ACH bank transfer. The gap comes from the cap: ACH costs 0.8% of each payment but never more than $5, while card fees grow with every dollar.

How much does a $15,000 plan cost to collect by card?

Take a $15,000 program paid as a $1,500 deposit and twelve monthly payments of $1,125. Stripe's standard US price for an online card payment is 2.9% plus 30 cents.

Payment Amount Card fee ACH fee
Deposit $1,500.00 $43.80 $5.00
Each monthly payment $1,125.00 $32.92 $5.00
All thirteen payments $15,000.00 $438.90 $65.00

Fees in the table are rounded to the cent. The total is 2.9% of $15,000 plus thirteen 30-cent fees.

Every card payment carries its own fee, so the plan pays the processor thirteen times. By the last payment, $438.90 has gone to card fees.

Why is ACH so much cheaper on large payments?

Stripe prices ACH Direct Debit at 0.8% of the payment, capped at $5. On anything above $625, the cap does the work: a $1,125 payment costs $5 by bank transfer, the same as a $5,000 payment would.

Card fees have no cap. They grow with the payment, which is why the difference is largest on high-ticket plans and smallest on small ones.

Does the schedule change the answer?

Yes, a little. Spread the same $13,500 balance over 26 payments every two weeks ($519.23 each) and the numbers move:

  • By card: $443.10. The percentage is the same, but there are fourteen more 30-cent fees.
  • By ACH: $113.00. Each payment is now under $625, so the 0.8% applies in full instead of hitting the cap.

More, smaller payments cost slightly more to collect either way. That doesn't make them wrong. A schedule that matches how a customer gets paid is worth more than a few dollars in fees. It's just worth knowing before you pick one.

What does this look like across your whole business?

Put in what you collect each month, how much of it arrives by card, your card rate and your average payment.

Fig. 1Card-fee calculator
$36,540card fees a year
$3,045card fees a month
$9,692the same card payments by ACH, a year

ACH is estimated at Stripe's standard US rate of 0.8% capped at $5 a payment. Your rates depend on your processor, your card mix and your contract.

The ACH figure assumes the same payments moved to bank transfer at Stripe's standard rate. Your own rates depend on your processor, your contract and your card mix.

Should you just ask everyone to pay by ACH?

Offering ACH beside card, clearly, is usually enough to move a share of customers without forcing anyone. Some customers want the card for its rewards or its protections, and some don't have their bank details handy at checkout.

Two things to keep in mind:

  • ACH takes longer to settle and can be returned days after it looks paid, for example when an account has insufficient funds. Build that into when you treat a payment as final.
  • Card surcharges have rules. Check your state before you set one up:
    • Where a card fee is allowed, the card networks cap it and require it to be disclosed.
    • Some states limit or ban it.
    • Louisiana bans surcharges on debit cards from 1 August 2026.

Paycove offers ACH beside card on every plan and, where your state allows it, recovers the card fee inside the plan and posts it to each location's books.

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