> ## Documentation Index
> Fetch the complete documentation index at: https://www.marqeta.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Create fee policy

> Create a new fee policy.

POST/credit/policies/fees

Create a new fee policy.

## Request body

| Fields | Description |
| - | - |
| token string  Optional | Unique identifier of the fee policy. **Allowable Values:**  36 char max |
| name string  Required | Name of the fee policy. **Allowable Values:**  255 char max |
| description string  Optional | Description of the fee policy. **Allowable Values:**  255 char max |
| account object  Required | Contains information on the fees in an account's fee policy. **Allowable Values:**  Existing `account` object |
| account.**late\_payment** object  Optional | Contains information on the late payment fee. **Allowable Values:**  Existing `late_payment` object |
| account.**returned\_payment** object  Optional | Contains information on the returned payment fee. **Allowable Values:**  Existing `returned_payment` object |
| account.**foreign\_transaction\_fee** object  Optional | Contains information on the foreign transaction fee. **Allowable Values:**  Existing `foreign_transaction_fee` object |
| account.**monthly\_fee** object  Optional | Contains information on the monthly periodic fees. **Allowable Values:**  Existing `periodic_fees` object |
| account.**annual\_fee** object  Optional | Contains information on the annual periodic fees. **Allowable Values:**  Existing `periodic_fees` object |

## Sample request body

```json JSON lines wrap theme={null}
{
  "token": "my_fee_policy_token_1234",
  "name": "Gold Fee Policy",
  "description": "A gold fee policy",
  "account": {
    "late_payment": {
      "default_method": "FLAT",
      "default_value": 10
    },
    "returned_payment": {
      "default_method": "FLAT",
      "default_value": 10
    },
    "foreign_transaction_fee": {
      "default_method": "PERCENTAGE",
      "default_value": 12.5
    }
  }
}
```

## Response body

| Fields | Description |
| - | - |
| token string  Conditionally returned | Unique identifier of the fee policy. **Allowable Values:**  36 char max |
| name string  Conditionally returned | Name of the fee policy. **Allowable Values:**  255 char max |
| description string  Conditionally returned | Description of the fee policy. **Allowable Values:**  255 char max |
| account object  Conditionally returned | Contains information on the fees in an account's fee policy. **Allowable Values:**  Existing `account` object |
| account.**late\_payment** object  Conditionally returned | Contains information on the late payment fee. **Allowable Values:**  Existing `late_payment` object |
| account.**returned\_payment** object  Conditionally returned | Contains information on the returned payment fee. **Allowable Values:**  Existing `returned_payment` object |
| account.**foreign\_transaction\_fee** object  Conditionally returned | Contains information on the foreign transaction fee. **Allowable Values:**  Existing `foreign_transaction_fee` object |
| account.**monthly\_fee** object  Conditionally returned | Contains information on the monthly periodic fees. **Allowable Values:**  Existing `periodic_fees` object |
| account.**annual\_fee** object  Conditionally returned | Contains information on the annual periodic fees. **Allowable Values:**  Existing `periodic_fees` object |
| created\_time datetime  Conditionally returned | Date and time when the fee policy was created on Marqeta's credit platform, in UTC. **Allowable Values:**  Format: yyyy-MM-ddThh:mm:ssZ |
| updated\_time datetime  Conditionally returned | Date and time when the fee policy was last updated on Marqeta's credit platform, in UTC. **Allowable Values:**  Format: yyyy-MM-ddThh:mm:ssZ |

## Sample response body

```json JSON expandable lines wrap theme={null}
{
  "token": "my_fee_policy_token_1234",
  "name": "Gold Fee Policy",
  "description": "A gold fee policy",
  "account": {
    "late_payment": {
      "default_method": "FLAT",
      "default_value": 10
    },
    "returned_payment": {
      "default_method": "FLAT",
      "default_value": 10
    },
    "foreign_transaction_fee": {
      "default_method": "PERCENTAGE",
      "default_value": 12.5
    }
  },
  "created_time": "2025-04-01T23:41:58.802Z",
  "updated_time": "2025-04-05T16:04:48.643Z"
}
```


## Related topics

- [Fee Policies Overview](https://www.marqeta.com/docs/core-api/credit-policies/fee-policies.md)
- [Policies Overview](https://www.marqeta.com/docs/core-api/credit-policies.md)
- [Clone fee policy](https://www.marqeta.com/docs/core-api/credit-policies/fee-policies/clone-fee.md)
- [Retrieve fee policy](https://www.marqeta.com/docs/core-api/credit-policies/fee-policies/retrieve-fee-policy.md)
- [Update fee policy](https://www.marqeta.com/docs/core-api/credit-policies/fee-policies/update-fee-policy.md)