Credit card purchases are categorized by these codes. The issuer uses them to determine if you get bonus rewards. If you have a rewards credit card, you may already know which spending categories will ...
A merchant category code — or an MCC — is a four-digit number used by credit card companies to classify businesses for payments, taxation and rewards purposes. MCCs affect the interchange rates and ...
Credit card promos in Singapore have gotten so fussy in the past couple of years. It’s not enough to spend on “dining” or ...