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IBM Quarter Century Club


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Paypal Fee Info for IBM QCC Club Members

FYI. Paypal charges the club a percentage and a service fee for Paypal payments. The fee is 2.9% plus $0.30 per transaction. So, if you pay $5.00 in dues, the club gets $4.55. For a $10.00 contribution, we get $9.41. The club is appreciative and happy to get any donation or dues. It's not a big deal, but some people might be interested to see what the fees are.


Here's a chart of examples:

PayPal Amount Amount Club Receives
$5.00 $4.55
$5.50 $5.04
$10.00 $9.41
$10.60 $10.00
$20.00 $19.12
$21.00 $20.09
$40.00 $38.54
$41.50 $40.09
$50.00 $48.25
$52.00 $50.19

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Last modified: February 1, 2016