MCC 5099 represents transactions related to the sale and distribution of various durable goods that do not fall under other specified categories.
Interchange Fee
Interchange fees for MCC 5099 typically range from 1.5% to 3.0%, depending on the card issuer and the nature of the durable goods being transacted. Higher-value items may be subject to additional fees.
Cashback Rewards
Cashback rewards for purchases under this MCC can vary. Common rewards range between 0.5% and 1.5%, depending on the cardholder’s program and the nature of the purchase.
Rules and Restrictions
There are no specific rules or restrictions applied by payment processors for MCC 5099. Standard transaction processing rules apply.
Tax Reporting
Transactions involving MCC 5099 may be subject to tax reporting by the IRS depending on the size and scope of the purchase. Buyers should consult a tax professional for advice on compliance.