Merchant category codes, sometimes called MCC codes or merchant codes, classify merchants based on the products or services sold. Credit card issuers use these codes to determine how to categorize ...

Merchant Category Codes (MCCs) are four-digit numeric codes assigned by credit card networks, including Visa, Mastercard, American Express, and Discover. These codes classify businesses based on the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

Ever swiped your credit card expecting cashback, only to check your statement and realise—wait, where’s my rebate? That’s because not all spending is classified the way you think. Welcome to the ...

Card networks such as Visa, Mastercard, and Amex assign merchant category codes to merchants based on their business categories. Ever wondered why credit card companies give you different reward ...