Banking organizations regularly hold promotions regarding the return to the client's card of part of the funds spent when making purchases. Quite often, under the conditions of such bonus programs you need to buy things in certain outlets. Therefore, in order to take advantage of bonuses, the plastic holder must first find out which stores participate in the promotion. This can be done using MCC codes. You should understand what the MCC code is, what it is used for and how you can find out its meaning for a particular outlet.
Definition of the term
The advantages of non-cash payments make them more and more popular among the population and entrepreneurs. Already, there are more than 18 million outlets in the world where you can pay with plastic. Their number is constantly growing. Many domestic stores are also equipped with equipment that allows customers to pay for purchases and services with a bank card. At the same time, each outlet during the installation of terminals in without fail assigned a specific MCC code.
This abbreviation comes from English - Merchant category code. The translation of the expression into Russian reflects its essence - “dealer category code”. In fact, the MCC code is a four-digit number that a financial institution assigns to a store in order to classify it.
Each enterprise that has equipment for cashless payments with customers has a four-digit number. Which numbers will be included in its composition depends on the scope of the store. The code must accurately describe the services provided by the outlet. Supermarkets, pharmacies, gas stations, airports have their own unique numbers. Accordingly, they can be used to determine in which area the enterprise operates and what services it provides to the population.
One trading network there may be several MCC codes, depending on what services are provided by its particular point. For example, if one chain store sells clothes and another one sells jewelry, they will be assigned different codes, although both outlets belong to the same retail chain. It should be noted that banks do not invent codes on their own. There is a clear list of codes and their respective types of outlets. For example:
- code 5941 refers to stores that distribute sports equipment;
- 5532 - points selling tires;
- 4722 - agencies providing excursion services.
The use of MCC codes is a common worldwide practice. The same systems operate in many modern states including the US and France. In the latter, for example, there is its own analogue - the NAF code, which uses not only digital, but also alphabetic designations.
Purpose of codes
MCC codes are used in different areas banking. First of all, as mentioned above, they are needed for the qualitative classification of outlets depending on the services they provide. In the USA, for example, this system is also used in taxation (the company code determines whether it is necessary to transfer information about transactions performed to the fiscal department). Banking organizations operating in the territory Russian Federation, often use these numbers when providing cashback services.
Cash-back is a special option designed to encourage the client to use a plastic card as often as possible. After the payment at the outlet for the plastic to which the service is connected, a certain percentage of the funds spent is returned. In some cases, the money is transferred directly to the card, in others it is accumulated in the form of bonuses that can be used for purchases in the future.
However, as mentioned above, sometimes banks hold special promotions or introduce bonus programs, under the terms of which the use plastic cards in certain outlets leads to increased cashback. Such a program, for example, operates in Sberbank for customers making purchases at Pyaterochka (Thank you bonuses).
Quite often, the list of codes that activate the cashback service is limited. Therefore, the cardholder needs to know which MCC code a particular store has. Otherwise, he may lose the opportunity to return part of the funds spent, since it is with the help of these codes that the financial institution determines at which outlet the purchase was made.
There is another important nuance. When compiling a list of codes, employees of a banking organization may make a mistake. Since, as mentioned earlier, the nature of the operation is determined by the MCC code, if it was assigned incorrectly, the holder will not be able to return part of his funds in the form of a cashback. For example, if an error occurred in a banking organization and during a cashless payment in Auchan (code - 5411), the operation went like a cash withdrawal from an ATM (6010), the cashback will not work.
How to find out which code is assigned to the outlet
How to find out the MCC code of the outlet? There are several ways to do this. So it is possible:
- Contact the employees of the bank servicing the plastic card.
- Examine the documentation of the financial institution.
- Make a trial purchase and view the code using the Internet banking service.
- Use specialized Internet resources.
The first two methods are the most reliable. But a bank employee may refuse to provide this information to the client. Official documentation also does not always contain MCC codes. All of the above methods should be considered in more detail.
Appeal to employees of a financial institution
First of all, you should try to find out this information from bank employees. This can be done both in person and remotely (by calling the call center number). In this case, the plastic holder can:
- ask bank employees what MCC code is assigned to a particular outlet;
- pay with plastic and ask what code the operation went through.
But none of the methods presented above guarantees that the necessary information will be obtained. The answer will largely depend on the specific bank and the level of knowledge of the employee contacted by the cardholder.
In some financial institutions, the necessary data can be obtained immediately, in others, the employee will refuse to give the code, referring to the fact that the bank does not provide such information. Quite often, the last answer is used when the employee simply does not know what the MCC code is and, accordingly, does not understand what exactly is required of him.
Studying bank documentation
Some financial institutions like, for example, Tinkoff Bank, publicly distribute the MCC codes assigned to retail outlets. You can get acquainted with them by studying the table posted in the official documentation for card products. To do this, you need to select a specific plastic and open additional documents posted on its page.
However, most financial institutions do not practice this approach. If it was not possible to find out the MCC code through bank employees and its documentation, you can try to do this using Internet banking.
Using internet banking
Internet banking allows bank customers to manage their accounts and plastics remotely, without personal visit branches of a banking organization. You can also use this service to find out the code corresponding to the outlet. For this you need:
- Make a purchase at a point of sale.
- Complete the authorization procedure in Internet banking (enter the "Personal Account").
- Go to the category of statements.
- View data on the performed operation.
If the bank provides such information in the statement, you need to look for a four-digit number. It will correspond to the MCC code of the outlet. However, not all online services provide this option. For example, customers of Tinkoff and Touch Bank institutions, holders of Corn plastics can find out the point code using Internet banking.
Specialized Internet Resources
Most in a simple way to find out the four-digit number assigned to a particular outlet is the use of specialized Internet resources. There are many reference books of MCC codes on the network, there are special sites dedicated to this problem. The most famous resource where you can find such information is the site - http://mcc-code.ru/. To find out the MCC code of a particular store, you need to:
- Go to the resource site.
- Enter the required information in the search bar.
- Click on the button "Search".
The resource is constantly updated, new codes are added. Regular users take part in this process. However, it should be noted that MCC codes are constantly changing, updated, deleted. Therefore, the information displayed on the site will not always correspond to reality at the time of the search.
Is this information on the sales receipts?
After the purchase, the plastic holder is issued a sales receipt. It lists the items purchased, their cost, total price and other information. How to find out the MCC code of a store by check? It is impossible to do this. Modern retail outlets do not include such information on sales receipts. Accordingly, to obtain a four-digit code, you must use one of the methods described above.
Specific examples
As already mentioned, each outlet has its own MCC code. His knowledge is important correct use cashback. However, points on the same network may have different MCCs at the same time. So:
- The code for all branches of the Sportmaster network, regardless of the specific city and street, is 5941. At the same time, the names of the stores in the statement are often different.
- The situation with the M.Video network is somewhat more complicated. The code of the online store is 5732. At the same time, the code of points of sale located in the cities of the country is 5722. In this case, the four-digit number directly depends on whether the buyer pays with plastic online or does it at one of the points of sale.
- The main MCC code for Leroy Merlin is 5261. However, the outlet in Yekaterinburg is indicated by the code 5200, as is the online store of this network.
- Four-digit numbers related to Pyaterochka directly depend on the location of the store. The main code is 5411, however, some outlets have designations: 7362, 5399, 5331.
- The code of all Auchan stores, regardless of the city and street, is the same - 5411.
The above are just a few examples of such codes. It is obvious that stores of even the same network in some cases may have different MCC codes. In this regard, plastic holders are advised to check the number of each outlet, regardless of which network it belongs to. It should be noted that a thorough check will also allow the plastic holder to protect themselves from bank errors. Knowing the codes, a citizen will be able to make purchases in those stores where the cashback service really works.
Thus, during the connection of the outlet to the system of cashless payments, banking organization assigns an MCC code to it at the same time. This is a special four-digit number that allows you to determine in which business area the company operates. A similar digital designation is also assigned to each operation carried out by the client. With the help of this system, the bank monitors the actions of customers.
Plastic holders need to know these codes in order to use the cashback option. To find out which number is assigned to a particular outlet, you must use one of the methods described above. The list of MCC codes is constantly changing, so it is recommended to update the information periodically.
At the moment, every self-respecting bank has a loyalty program for bank cards. This can be the accrual of miles, bonuses or cash back for transactions. And, if you actively use card products and are a member of one of the bonus programs, then you have probably already come across the concept of the MCC code. After all, banks accrue the promised bonuses / cash only for non-cash transactions with a certain MCC code.
MSS -MerchantCategory Code - a code that reflects the main activity of the outlet, consisting of 4 digits. For example, 5977 - cosmetics stores, or 5411 - a supermarket.
So, as soon as you make a card transaction (in a store, ATM, or Internet bank), it is carried out with a certain code corresponding to the activity of the outlet. If the outlet has several types of activities, then the MCC code of the outlet will correspond to its main type of activity. MCC code is assigned credit institution when installing a payment terminal at a point of sale based on an analysis of the type of activity of the enterprise according to the classification of payment Visa systems and MasterCard.
Why might you need an MCC code?
In most cases, there is no special need to know the MCC code of the trade enterprise.
But it may be required for participants of bonus programs. It is according to the MCC code of operations that banks accrue bonuses / cash back.
For example, the Renaissance Credit card in June accrues increased bonuses of 5% for purchases in the "Sports Goods" category and 3% in the "Garden and Garden" category. The belonging of the enterprise to the category "Sporting Goods" will be determined by MCC codes, in accordance with the classification of international payment systems:
- 7941 Commercial Sports (Sports Fields, Commercial Sports, Professional Sports Clubs, Sports Promoters)
- 5941 Sporting Goods Stores,
- 5655 Sports Apparel,riding App.s
The situation is similar with the category "Garden and vegetable garden". You pay for the purchase, the bank performs the operation, and if the MCC code matches those on the list, then you will receive an increased bonus. And, accordingly, if the code does not match, then you will not receive bonuses.
How to find outMCC code?
The problem is that, although the MCC code is assigned at the stage of installing the payment terminal, you will not be able to find it out from the seller of the outlet. This information is not included in SMS messages sent by the bank when making a purchase. Moreover, this information is not always available at the bank's call center.
You can find out the MCC code of the outlet upon completion of the transaction. Those. after the operation is completed, you can call the bank and clarify with which MCC code the operation was completed.
Some banks provide information on transactions indicated by the MCC code in monthly account statements. And in others, for example, Tinkoff Bank and touch bank, the code can be viewed directly in Internet Banking. On the Corn card, you can find out the MCC in the "History of bonus operations".
But, if you need to know the MCC in advance (before the transaction), for example, in order to make sure that you receive the bonuses / cashback that are due to you, you can use the site http://mcc-code.ru. Users on this site bank cards share information about MCC codes in different stores across the country. And, you can, using the filter, find out the code of the outlet you are interested in.
August 28, 2018 5887Banks often offer their customers various loyalty programs and cashback cards. For which an increased percentage is usually returned for payments for certain categories of goods and services, for example, for paying for groceries or gas stations.
How do banks understand which operation needs to accrue cashback, and which one does not?
What is an MCC code and why is it needed?
The MCC code is a four-digit code that indicates the category of purchase. If to speak in simple terms, then this code allows you to distinguish a payment in a hypermarket for a kilogram of tomatoes from a money transfer.
The MCC code is automatically assigned by the acquiring bank through which payments are accepted at points of sale of goods and services. The code depends on the type of trading activity: it is one for pharmacies, another for gas stations, and a third for pet stores.
If an organization is engaged in several lines of business, for example, when an electronics store (5732 - sale of electrical equipment) repairs computers (7379 - repair of computers), then the code is assigned to the main line of business. And this should be remembered!
What are MCC codes for?
Why should we, ordinary bank customers, be interested in MCC codes? Many of us use cashback cards. Recall that cashback is a return of some percentage of the amount you paid for the purchase. At the same time, some banks charge increased cashback for certain categories of purchases.
Most often, cashback is credited for any payments (as a rule, with the exception of utilities), and ranges from 1 to 1.5%
But the increased cashback for certain categories can reach 3%! And it is accrued due to the fact that any operation, whether it is paying for a communal apartment, transferring funds from card to card, car repairs, buying clothes or paying for cinema tickets - each payment is assigned a specific code.
As a result, MCC codes are the basis for crediting cashback by banks. Usually banks publish these codes in the description under cashback cards, but most often they only name groups of goods for which increased cashback is charged, without going into details with codes.
What can go wrong?
When you pay for something with a card, the MCC purchase code is stored in the bank account. information system. It is for him that the bank will determine which payments to accrue cashback, and which not.
And here it is important to remember that the MCC code is assigned in the main line of business. If you have an increased cashback when buying food, and you decide to buy them at the nearest gas station, then it may turn out that its MCC code corresponds to the gas station code.
Rarely, but it also happens that the acquiring bank accidentally assigned the wrong code to the point of sale. For example, instead of "5655 - sportswear" is "5651 - clothing for the family." Then, if the cashback is credited to the category of purchases "Sport", then the return Money you can't see.
In addition, you can get into a situation where one store uses the services of several acquirers at once (namely, they assign the MCC code to the terminals), in which case transactions at different cash desks can be carried out using different MCC codes!
How to find out the MCC code before and after the purchase?
If you have already paid for the goods, then you will not find the MCC code in the purchase receipt! To find out, you need to call the bank where you are served.
— How can I keep track of which MCC code the operation went through? — we asked several banks. And we got these answers...
By the way, if you need to find out the MCC code before paying for the purchase, then such information can be clarified before paying at the outlet. Although, the cashier does not have to know it!
Little hack! If, for example, you want to make a purchase on a large amount, and the outlet does not know its MCC code, you can go for a little trick - conduct a “zero balance operation”. But this will take some time.
- "Empty" the card
- Try to make a small purchase at a point of sale
In this case, the payment will be refused, but the information about the store will be displayed in the information system of your bank. If this method is too complicated, you can simply purchase a box of matches or the cheapest fishing hook from the store.
You will only need to call the bank and find out if the cashback will be credited according to the MCC code of this purchase.
If yes, then you can safely make a planned large purchase!
Of course, it will take time, but you will be sure that the cashback will return to your card.
As a rule, if cashback on a card is credited precisely on the basis of MCC codes, then banks publish codes on their website for which cashback will (or will not) be credited.
If, for some reason, the bank serving you forgot to do this, we have prepared for you a table with the most popular MCC codes by category.
| Category | MCC codes | Short description |
| Automobile | 4121, 5013, 5511, 5521, 5531, 5532, 5533, 5541, 5542, 5551, 5561, 5571, 5592, 5598, 5599, 5935, 7511, 7512, 7513, 7519, 7523, 7524, 7531, 7534, 7535, 7538, 7542, 7549, 8675 |
gas stations, service, car washes, auto parts, parking, purchase of vehicles funds |
| House | 0763, 0780, 1520, 1711, 1731, 1740, 1750, 1761, 1771, 1799, 5021, 5039, 5051, 5111, 5131, 5169, 5193, 5198, 5200, 5211, 5231, 5251, 5261, 5299, 5712, 5713, 5714, 5718, 5719, 5734, 5817, 5971, 5978, 5992, 5996, 7210, 7211, 7216, 7217, 7342, 7349, 7623, 7641, 7692, 9751, 9753 |
Construction shops, plumbing, furniture, garden shops, goods for home, pay repair organizations |
| Food and products | 5199, 5309, 5311, 5331, 5422, 5441, 5451, 5462, 5499, 5811 |
Grocery supermarkets and the shops, universal shops, shops duty free |
| Purchases | 4813, 5044, 5045, 5046, 5065, 5072, 5074, 5094, 5099, 5137, 5139, 5172, 5310, 5611, 5621, 5631, 5651, 5661, 5681, 5691, 5697, 5698, 5699, 5722, 5732, 5931, 5944, 5948, 5950, 5977, 5997, 5999, 7251, 7278, 7296, 7379, 7394, 7622, 7629 |
Clothes, shoes, household technology, computer and digital technology cosmetics, watches and jewelry |
| Travels | 3000-4000, 4011, 4111, 4112, 4131, 4411, 4457, 4468, 4784, 4789, 4511, 4582, 4722, 4723, 4761, 5962, 6513, 7011, 7012, 7991 |
Air and railway tickets, ferries, hotels, hotels, car rental, tourist services, public transport |
| Entertainment | 5735, 5812, 5813, 5814, 5815, 5816, 5921, 5932, 5937, 5946, 5947, 5949, 5972, 5973, 5993, 7221, 7332, 7333, 7338, 7395, 7829, 7832, 7841, 7922, 7929, 7993, 7994, 7996 |
Restaurants, bars, cafes, cinemas, theaters, exhibitions, museums, parks entertainment |
|
And most importantly, remember that a large cashback for large purchases can not only be calculated, but also received. The main thing is to remember what it is credited with, and to know a few little tricks that we told you about today. Have a good cashback! |
If the holder of a bank card (credit card or cashback card) wants to "squeeze" out of it to the maximum and at the same time not lose his profit by making various operations with the card (purchases, transfers, etc.), then it makes sense for him to get acquainted with such "card" term, as MCC-code (category code of the point of sale).
It is this code that allows banks to find out where you purchased a product or service, and subsequently decide whether to pay you a bonus (cashback) or “punish” you by terminating the grace period on a credit card.
Let's understand in the article what it is in simple words, and give a number of recommendations on how to use this code correctly.
MSS code. What it is?
MCC-code is an English abbreviation that stands for Merchant Category Code. These words can be translated as outlet category code or more simply - the category code of the seller. MCC is a four-digit numeric code that indicates the type of activity of a trade and service enterprise (TSE). For example, code 5814 indicates that the type of activity of the merchant is fast food (McDonald's, Burgen King, Subway, etc.)
If the owner of the outlet decides to install a terminal for accepting payments using bank cards, he contacts the appropriate organization (acquiring bank) that provides. The acquirer, on the basis of the questionnaire, which indicates the direction of the outlet, assigns it a specific MCC code. If there are several such directions, one of them is defined as the main one.
The MCC code is transmitted along with other service information (see about) to the bank that issued the card for which the payment was made (issuing bank).
Why is this needed?
Now people have a huge number of bank cards in their hands with a variety of conditions and options. Popular, as well as cashback cards. In most cases, a part of the amount spent is returned when purchasing goods or services in certain stores, and for a number of transactions (the list of which you can find in the conditions for using the card), cashback is not credited. The decision to accrue cashback is made by the bank based on the analysis of the MCC code.
Cashback cards
Let's look at an example of how MSS is used. For a specific card, a list of codes of outlets is “assigned”, payment in which is encouraged by cashback. For example, let's say you've been given a card that allows you to get a certain percentage back on purchases at auto parts stores. This means that any payment with your card in a store that has the code 5533 (“Automotive Parts and Accessories Stores”/”Automotive Parts and Accessories Stores”) will bring a cashback.
Usually banks, when they offer cards with cashback in one category or another, publish all the codes of the merchant category, for which the bonus will be credited. For example, the card plus (Card Plus) Credit Europe Bank, for which the bank gives a cashback (on - "pouring porridge") 5% of the amount of payment at the gas station, the bonus will drip for purchases in the following categories: fuel, gasoline, car services and gas stations. And here are their MCC codes: 5169, 5172, 5541, 5542, 5983, 7511, 9752.
It is curious that even if you buy mineral water or coffee at a gas station with the outlet code 5542, you will still receive your 5% along with the purchase of fuel.
Under the terms of the same card, all other purchases are credited with 1% cashback, but a rather extensive list of exceptions is provided for: transactions for which no refund is required (the so-called non-bonded transactions).
Such operations, as a rule, include: cash withdrawals, transfers, payment of bets in a casino, etc. You need to know about this in advance so as not to be offended by the bank for bonuses you have not received.
Unfortunately, not all banks report the exact codes of bonused and non-bonused operations (this, frankly, is only necessary for advanced holders). In this case, you need to focus on the name of the category - in the vast majority of cases this is enough.
Grace period cards
Many people use cards with a grace period. It is very convenient to pay for the purchase with credit funds and not pay interest for it during the grace period, which can last from 50 to 200 days. However, a number of transactions will result in interest accruing from the first day, because Grace period they are not affected. After such operations, the bank may completely terminate the grace period on the card until the entire debt is repaid.
And these operations are also determined by the bank by the MCC code. Typically, banks “punish” customers for cashing out from a credit card, buying precious metals, valuable papers, transfer of funds to forex brokers, to other cards, to electronic wallets, etc. Each institution has its own policy regarding transaction restrictions.
Codes that entail penalties are even more important to know than those for which there will be no cashback. It is much worse to unknowingly part with your own money than to receive less bonuses. Therefore, knowing the codes for specific operations will be very useful. They can be found not only in the official documentation (rules for issuance and maintenance, information on granting a loan for credit cards), but also on various banking forums where experienced users of credit cards share information.
How to find the category code of the outlet?
The fact that bank customers often do not know about the existence of MCC codes is explained, among other things, by the fact that financial institutions do not advertise this information. Finding out the codes of the category (type) of outlets is not so easy: they are rarely indicated in payment documents, they are not posted on the Internet in the public domain.
And yet, some banks provide such information. You can find codes:
- through Personal Area in the Internet bank;
- through hotline jar;
- in statements of card transactions.
At the same time, in some financial institutions, information can be provided in the form of codes, in others, English and Russian-language names of activity categories may be indicated. Most often, it is possible to find out the codes for already performed operations. It is no longer possible to fix something, but this makes it possible to avoid similar errors in the future.
Using a flag map
In order not to make mistakes, experienced cardholders recommend using the so-called flag-cards. These are cards whose statements make it easy to determine the transaction code.
With an empty card (with the daily limit of payment transactions set to zero), they try to make payments at different outlets, they immediately receive an extract (in mobile bank or in an SMS message) with a notification of the cancellation of the operation and its code. If the code is not rewarded, then sometimes it makes sense to abandon purchases in this store, especially if the purchase amount is significant, and find another one that has been assigned the “correct” MCC code. Thus, you will be sure that you will receive the required reward.
It should be noted that some merchants may be assigned an incorrect code that does not correspond to the actual category of the outlet, and this can only be detected using a flag meter card.
Using your own database of stores compiled in this way with the correct codes, you can avoid unforeseen penalties and get bonuses to the maximum.
An example of a flag meter is debit card Black bank Tinkoff(free registration and the ability to set a tariff with completely free service), Avangard bank cards, Kukuruz and Beeline cards and a number of others.
Multicurrency Tinkoff card Black (Black)
Interest on balance (max.):
Cashback - refund (max.):
Annual maintenance:
Multicurrency debit card from a well-known bank that serves customers remotely, with interest on the balance, cashback and the ability to withdraw funds from ATMs of any bank without commission. From the highlights - free transfer to cards of other banks, free interbank transfer, free replenishment from other cards and the ability to withdraw funds from it without commission. Maintenance of currency accounts for free! Recognized as one of the best for several years. PRODUCT OVERVIEW
- Shareware, it is possible to switch to tariff 6.2 with completely free service
Card service
Issue fee
Is free
Annual maintenance
99 rub. per month;
Free - subject to availability open deposit not less than 50 thousand rubles, cash loan not less than 50 thousand rubles. or if there is a balance of at least 30 thousand rubles on the account;
Free after switching to tariff 6.2 (interest on the balance is charged from 100 thousand rubles))
Validity
card type ( payment system and status)
Visa Platinum, MasterCard World, MIR Premium
Account currency
Rubles, Dollars, Euros, Pounds Sterling
Conversion
Chip;
Support for 3D Secure technology;
Contactless payment technology (Paypass/Paywave)
SMS informing
59 rub. (1$/1€)
Delivery
Delivery by courier / Russian post
5 additional cards to the main account for free.
Additional Information
The fee for reissuing a card at the initiative of the client is 290 rubles. (10$/10€)
Cash withdrawal
Up to 150 thousand rubles. (5000$/5000€) for the billing period the bank takes the following fees:
Withdrawing cash from ATMs / cash desks of the bank
Free / Impossible
Cash withdrawal from ATMs/cashiers of other banks
With an amount of more than 3000 rubles. (100$/100€) - free of charge; less than 3000 rubles (100$/100€) - 90 rubles (3$/3€) / If the amount is more than 3000 rubles. (100$/100€) - free of charge; less than 3000 rubles. (100$/100€) - 90 rubles (3$/3€)
Additional Information
When withdrawing an amount over 150 thousand rubles. (5000$/5000€) commission 2% (min. 90 rubles (3$/3€))
Transfer in Internet Bank
To an account in another bank
Free in rubles; 15$/15€ in foreign currency
To the card of another bank (by card number) - pushing
For an amount not exceeding 20,000 - free of charge;
For amounts over 20,000 - 1.5% (min. 30 rubles)
Additional Information
In currency, the service of transfers from card to card is not available
Replenishment in the Internet bank
From a card of another bank (Card2Card) - pulling
For an amount not exceeding 300 thousand rubles. ($10,000/€10,000) - free of charge ($0.01/€0.01 - from 5 times in a currency other than the card account currency);
For an amount over 300 thousand rubles. - 2% in rubles and in dollars/euro: 2% - the first 4 times; 2% + 0.01$/0.01€ - from 5 times in a currency other than the currency of the card account
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External replenishment commission Bank transaction- missing;
Conditions for replenishment through partners are the same as for C2C
Interest rate on account balance
For ruble cards:
6% per annum on the account balance for amounts up to 300,000 rubles, and 0% for amounts over 300,000 rubles. with the amount of purchases from 3,000 rubles. in billing period;
0% on the balance on the account with the amount of purchases less than 3000 rubles.
For cards in dollars / euros:
0.1% on the balance up to 10,000 $(€) subject to payment by card for purchases of any amount;
0% for balances over $10,000 (€).
Not charged if there were no purchases during the billing period.
Free additional cards;
Withdrawing cash from an ATM of any bank without commission;
Prompt delivery by courier;
Free replenishment from a card of any bank (if the donor bank does not take a commission and allows the withdrawal of funds from its card);
Many replenishment points without commission;
Free interbank and transfer from card to card of another bank;
Support for contactless payment;
Comfortable mobile bank and Internet banking;
Multicurrency with free maintenance of foreign currency accounts
Underdeveloped ATM network
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Directory of MCC codes
MCC codes great multitude and it’s not realistic to remember them, in addition, the code base can be constantly updated with new ones. Required code you can check in the MCC code reference available below. This guide is taken from the site https://mcc-codes.ru/, which collects and popularizes codes for the Russian-speaking population.
Examples of "useful" and "harmful" codes
The same experienced cardholders grouped all the codes into the following categories:
- useful codes for which cashback is often credited and a grace period is valid;
- neutral – there is no cashback, but the grace period is valid;
- harmful - penalties are applied.
The first include the following codes: 4814 (“Telecommunication services”), 4900 (“ Utilities”), as well as most store codes (5045 - “Computer Technology”, 5111 - “ Stationery”, 5122 - “Drugstores”, 5311 - “Department stores”, 5411 - “Grocery stores, supermarkets”, etc.).
To the second: 6012 (“ Financial institutions– trade and services”) and 6540 (“ Financial operations excluding MasterCard Moneysend”).
To the third: 4829 (“ Money transfers”), 6010 (“Financial institutions – manual cash withdrawal”) and 6011 (“Financial institutions – automatic cash withdrawal”).
Conclusion
Even after reading all the proposed material, someone will be able to successfully do without knowing the MCC codes, as they did before. This is especially true for those people who do not carry out so many transactions using bank cards. But if you use the card daily and often, there is always a risk of getting into a payment that will end in losses or lost profits. Obviously, the possession of such knowledge will not be superfluous, because they will help you feel more confident in modern world finance.
What is an MSS code? Let's be honest, not all payment card holders have heard about it and even more interested in it, but in vain. After all, the MCC code plays important role in the accrual of bonuses or, as well as in the implementation of any other promotions and drawings that are affected by payments using payment cards.
This word is an abbreviation of the English words Merchant Category Code, which in translation means - the category code of the seller. This number consists of only 4 digits and indicates the main activity of the seller or service provider.
The MSS is determined depending on the OKVED, which is assigned legal entity or a private entrepreneur, during registration with the tax office. It often happens that the seller has several lines of activity at once, in which case the bank determines the MCC for the main OKVED.
So, for example, transactions for non-cash payments with a payment card in stores and supermarkets household appliances, such as Eldorado or Technosila, receive the number 5732, but equipment repair services will already be displayed by the code 7699, even if they are paid for in the same stores.
This number is assigned when setting up devices for non-cash payments with payment cards (ATMs, terminals, POS-terminals) by acquiring banks and, as a rule, is indicated in the acquiring agreement.
What is the MSS code for?
MCC numbering is used by all payment systems in order to:
- marketing analysis of the commercial market;
- tracking and limiting card payments;
- for tax purposes (in the US).
Banks use the received information about settlements in their customer motivation programs, for example, when accruing bonuses or cashback.
For example, the holder of a Sberbank payment card is charged 10% for payments at gas stations, 5% for paying bills in a restaurant and cafe and 1.5% for paying for purchases in supermarkets.
Therefore, in order for the client to receive the correct number of bonuses, no more and no less than it should be, each seller or contractor is assigned a four-digit MCC code.
In addition, financial institutions with their help divide operations into non-cash payments and cash withdrawals. The last transactions correspond to the numbers 6010 or 6011 (ATMs).
This is especially important when using credit cards, where different interest rate for cash withdrawals and non-cash payments for goods and services. And also in financial monitoring, when it is necessary to limit certain operations, for example, to set a daily limit on withdrawals or on settlements in the trading network.
Numbering
It is worth noting that MCC codes are used by all payment systems, however, the numbering for each of them may differ. This is due to the constant updating of seller categories, the addition of new outlets, the elimination of old ones, etc.
The exact answer to the question what is an MCC code can be found on the website http://mcc-code.ru. It contains all the popular digital code values and with the help of a search it is very easy to find which type of seller's activity they correspond to.
Also, to make it easier to navigate in the search, you can remember that a certain range of digital values corresponds to specific categories of services:
0001 - 1499 - agricultural sector;
1500 - 2999 - contract services;
3000 - 3299 - airline services;
3300 - 3499 - car rental;
3500 - 3999 - rental housing;
4000 - 4799 - transport services;
4800 - 4999 - utilities, telecommunications services;
5000 - 5599 - trade;
5600 - 5699 - clothing stores;
5700 - 7299 - other stores;
7300 - 7999 - business services;
8000 - 8999 - professional services and membership organizations;
9000 - 9999 - public services
Who needs an MCC code
Users of standard bank cards, as a rule, salary cards, are of little interest in what the MCC code is, and this is logical because in most cases, financial institutions do not extend various motivational programs to these payment instruments.
Another thing is when a person has a card with a cashback function and the amount of reimbursement depends on the store where he pays for the purchase. Then it will be more profitable for the cardholder to pay at certain points of sale, and return more money from their purchases.
Often the amount of accrued cashback or bonuses depends not only on the category of the seller, but also on the store or distribution network itself. This is also due to the fact that this supermarket or boutique is assigned a specific MCC code. And a person making a purchase in it sends information about the seller to the bank along with the transaction. The bank then uses the received data to accrue bonuses or cashback.
Rarely, but still, there are cases when the acquiring bank specifically or by mistake assigns the wrong MCC code to the outlet. It is rather difficult to notice that “motivation” is not correctly charged to cardholders. After all, few people recheck credited bonuses or cashback after banks, especially if they came over a long period, for example, a month.
How to find out the MCC code
There are several answers to this question. So, some banks indicate information about the seller in the check. It can also be obtained in the Internet banking system by viewing the payment details.
It should be noted that the MCC code can be presented not only in the form of four digits, often financial institutions in checks or in Internet banking simply indicate the name of the seller's category, for example, supermarket, restaurant, etc.
If the necessary information is not there, then how to find out the MCC code? You can go the other way - just call the bank's call center.
First of all, banks need the MCC code, with its help they can quickly and without significant expenditure of their resources process a significant amount of customer transactions in order to set limits, credit bonuses or cashback, control settlements, and also for the purpose of correctly deducting commissions.
Most clients do not need an MCC code, because the majority of people use cards without motivation programs and do not pay attention to incomprehensible numbers in checks.
Holders of payment cards, where there is an opportunity to benefit from settlements, also practically do not monitor the correctness of MCC codes. After all, they in most cases trust financial institutions.
The only exceptions can be those cases when the expected size of bonuses or cashback is quite large, or the client was charged more commission than he expected. In this case, if something is wrong, they will definitely contact the bank for clarification.
Alexander Babin
