8099
Medical Services and Health Practitioners (Not Elsewhere Classified)
MCC 8099 is used for transactions related to a range of medical services and health practitioners that are not classified under specific medical categories.
Interchange Fee
Interchange fees for transactions under MCC 8099 generally range from 1.2% to 3.5%, varying based on the card network and agreements with issuers.
Cashback Rewards
Many health-related credit cards may offer between 1% and 5% cashback rewards for medical spending, though specific rates depend on the card issuer.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions classified under MCC 8099.
Tax Reporting
Medical expenses under MCC 8099 may be eligible for tax deductions as outlined by the IRS, depending on the specific nature of the service and applicable tax laws.