MCC 5944 includes stores that primarily sell clocks, jewelry, watches, and silverware products.
Interchange Fee
Interchange fees for purchases at clock, jewelry, watch, and silverware stores typically range from 1.5% to 3.0%, depending on the card type and issuer terms.
Cashback Rewards
Cashback offers for purchases at jewelry and similar specialty stores vary, with rewards typically ranging up to 3-5% depending on specific card programs.
Rules and Restrictions
There are no specific rules or restrictions imposed by payment processors for transactions classified under MCC 5944.
Tax Reporting
The IRS does not specifically apply taxes on purchases under this MCC; applicable sales tax may vary by state and local regulations.