What is the range of the Insufficient Funds Fee that a Circle K franchisee may be charged?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
very Fee, currently $50 per load.
3 If insufficient funds are available in your account at the time payment is due we may charge you an insufficient funds fee ranging from $50 to $250, or the maximum legal rate allowed by law, fo
Source: Item 6 — OTHER FEES (FDD pages 22–35)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, if a franchisee's account has insufficient funds when a payment is due, Circle K may charge an insufficient funds fee. This fee can range from $50 to $250 for each instance of insufficient funds.
This means that if a franchisee's payment is rejected due to insufficient funds, they will incur an additional fee on top of the original amount owed. The specific amount within the $50 to $250 range that Circle K charges may depend on various factors, but the FDD does not specify these factors. The franchisee may also be charged the maximum legal rate allowed by law if it exceeds the stated range.
It's important for prospective Circle K franchisees to maintain sufficient funds in their accounts to avoid these fees, as they can add up quickly if payments are frequently missed. Franchisees should also inquire with Circle K about the specific criteria used to determine the insufficient funds fee amount within the stated range to better understand the potential costs.