Promotional Rates
.85% to 1.5% it will not exceed 1.5% with FBS . Will need to see 3 months of merchant statements. If it’s a new business the rate will be .85%
Timeshare Related Services
MCC: 7011, 7012, 7311, 6513
Acceptable
- Advertising
- HOA Fees
- Liquidators
- Lodging
- Resale
Types of Payments
- First Deposit
- Payment to process applications
- Associated Fees
Requirements and Documents needed
- 3 months most recent processing statements
- 3 months most recent bank statements
- Travel Form
- Legal Agreements (merchant & vendors)
- Copy of contract
- Marketing material
- Login credentials for online customer portal (if applicable)
- Call scripts for MOTO
>$100k monthly volume additional requirements
- Previous 2 years business tax returns or audited financials
- YTD balance sheet and P&L