Recent Stories. 1  President Trump addresses Charlottesville again during speech in Phoenix. 2  Dick Gregory dies at 84. 3  Bannon out at the White House, NAACP applauds exit. 4  CBC chairman talks HBCUs, impeachment and #RootOutRacism. 5  TN Black Caucus continues town hall meetings in Nashville.
DEFINITION of 'Service Charge'. A type of fee charged to cover services related to the primary product or service being purchased. For example, a concert venue may charge a service fee in addition to the initial price of a ticket in order to cover the cost of security or for allowing electronic purchases.
The service fee is only charged to the card once the booking has been accepted by the property owner or manager. The service fee is a percentage of the total amount of the reservation, excluding taxes and refundable fees. The service fee is between 5-12% for most bookings but can be above or below, based on the reservation. The percentage rate may change from time to time.