Guide to Merchant Category Codes: 15 companies in Singapore with surprising MCCs

📆 09/07/2023 17:36:00
📰 asiaonecom

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If you've ever heard credit card nerds and mile chasers yak about 'MCC codes' but catch no ball, this 101 article is for you. They're actually referring to the merchant category code (MCC), which is a four-digit number assigned to businesses based on what goods and/or services they sell and provide. That sounds like boring stuff (and it is…) but...

If you've ever heard credit card nerds and mile chasers yak about "MCC codes" but catch no ball, this 101 article is for you.

For example, you decided to get the Citi Cash Back card for rebates on dining, groceries and petrol. These are stuff you spend on regularly, so it was a no-brainer, right? Easy as pie. … and according to the experts of HardwareZone, the RedMart-only purchase will still qualify as groceries .

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Source: IndependentSG - 🏆 2. / 72 Read more »