Line of credit (Purchase Power) fees explained

Information on fees that can be charged to a Purchase Power account, such as transaction fees, late payment charges, finance charges and overlimit fees.

Learn about potential fees on your Purchase Power account, like transaction fees, late payment charges, finance charges and overlimit fees. Discover simple tips to avoid these charges and manage your account effectively.

Transaction Fee

A transaction fee is applied anytime postage is added to your meter. The amount charged for each transaction fee is outlined in your Purchase Power Terms & Conditions.

  • Avoid incurring multiple fees by downloading enough postage to last the month.

Finance charge 

A finance charge is the interest due for maintaining a balance on your Line of Credit (Purchase Power). 
  • Avoid this charge by paying the balance in full by the due date displayed on your monthly statement.

Overage Fee

Your Purchase Power terms and conditions includes a monthly postage purchase threshold. If you go over this, a 1% Overage Fee is assessed on any amount over the threshold during the statement period. This fee covers the cost of borrowing funds beyond the set threshold, and you'll see it on your monthly Line of Credit (Purchase Power) statement.
  • If you routinely exceed your postage threshold, be sure to keep your monthly postage purchases, combined across your meters and postage accounts, under the threshold included in your Purchase Power Terms & Conditions. 

Late Payment Fee

A late payment fee is applied when the 'Minimum Payment' due is not received by the due date. Check payments will be posted to the account within 10 days from the date mailed.

Overlimit Fee

An Overlimit Fee is incurred when you exceed your total credit limit for your Line of Credit (Purchase Power). 
Eligibility subject to credit approval and customer verification. This is not a commitment to lend, and this does not create, and is not intended to create a legally binding obligation on either of us. Program, rates, Terms & Conditions are subject to change.

Banking products and services are provided by The Pitney Bowes Bank, Inc., Member FDIC. Pitney Bowes, Pitney Bowes Bank, and the Corporate logo are trademarks of Pitney Bowes Inc. or a subsidiary. All other trademarks are the property of their respective owners. Pitney Bowes Bank is state chartered and located in Salt Lake City, Utah.

UPDATED: February 09, 2024