MCC 5532 covers purchases at automotive tire stores, including tire sales and related services.
Interchange Fee
Interchange fees for transactions under MCC 5532 typically range between 1.5% and 3% depending on the card network and transaction type.
Cashback Rewards
Cashback rewards for MCC 5532 transactions may vary, with certain cards offering up to 1-2% on automotive purchases. Premium cards may have bonus offers.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for MCC 5532 transactions.
Tax Reporting
The IRS does not impose special tax reporting requirements for MCC 5532. Sales tax may apply based on local and state regulations.