Cost-Recovery – Credit Card Convenience Fee

Cost-Recovery – Credit Card Convenience Fee

As part of our ongoing commitment to transparency and effective financial management, we are introducing a new policy regarding credit card payments.

Starting April 1, 2025, a 1.8% convenience fee will be applied to all credit card transactions. This change helps us recover the costs of processing fees levied by credit card companies, which can range from 1.61% to 2.24% per transaction. We may review and update the rate based on changes implemented by the credit card companies.

To provide flexibility, we offer several no-cost payment methods, including Visa Debit card or Mastercard Debit card, online banking (i.e. bill payment), cheque, wire transfer and EFT. Please note that PD registrations require payment at the time of registration, using PD passports, credit cards, or Visa or Mastercard debit cards.

We understand that this change may affect you and we thank you for your patience and cooperation with this transition. Your support is crucial in helping us maintain the quality services you expect from the organization.

Frequently Asked Questions

A convenience fee is an additional charge applied to credit card transactions to cover processing costs charged by the credit card companies.

The convenience fee is 1.8% of the transaction amount.

The fee will be applied to all credit card transactions beginning April 1, 2025.

Yes, alternative payment methods are available, including Visa Debit card or Mastercard Debit card, online banking (i.e. bill payment), cheque, wire transfer or EFT. Please note that PD registrations require payment at the time of registration, using PD passports, credit cards, or Visa or Mastercard debit cards.

At this time, CPABC does not offer interact e-transfer as a payment option.

The convenience fee applies to all payments made by credit card to CPABC, including membership dues, application and readmission fees, PD passports and registrations, as well as public practice member levies, licenses and firm registrations, professional conduct related payments, and any other administrative or miscellaneous fees.

Refunds will cover the transaction amount excluding the convenience fee. This does not apply to PD seminars cancelled by CPABC.

You can make your payment via most major banks and credit unions. Participating banks or credit unions include:

Steps:

  1. Sign in to your bank or credit union's online banking service for individuals.
  2. Make sure you select the correct option under “add a payee” by searching for CPABC (or “CPA of BC”)
  3. Enter your 7-digit CPA Member ID as your account number.