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11/15/2016 (2)
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11/15/2016 (2)
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Last modified
12/10/2020 1:10:04 PM
Creation date
12/10/2020 12:13:03 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/15/2016
Meeting Body
Board of County Commissioners
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Bank <br />America's Most Convenient Bank* <br />COMMERCIAL CARD SOLUTIONS <br />Pricing Prepared for: Indian River County Board of County Commissioners <br />Rebate Program: <br />The TD Commercial Plus Card & TD ePayables Rebate Program' financially rewards clients for making <br />procurement, travel and.AP payments using their TD Bank issued commercial card solution. The program <br />offers an increased rebate incentive for incrementally expanding annual spend volumes. The attractive <br />program's annual spend and rebate tiers are outlined below: <br />ScheduleRebate <br />Interchange <br />Grace Period In iDays <br />Annual Spend' <br />2 <br />7 14 21 28 <br />Rebate in Basis Points Y - - <br />$8,000,000 - $14,999,999 145 <br />142 <br />139 <br />136 133 <br />$1,000,0001- $7,999,999 140 <br />137 134 131 128 <br />ScheduleRebate Specialized <br />B213 <br />Interchange Type <br />Rebate in Basis Points 2 <br />Visa Purchasing Large Ticket (PLT) <br />50 <br />Visa Large Purchase Advantage (LPA) <br />25 <br />"' Annual Dollar Spend = Purchase totals less returns for 12 month period from first month with spend <br />s Rebates paid annually <br />ConfidentialConfidential to TD Bank. 10/2172016 <br />14�� <br />
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