8249
Vocational and Trade Schools
MCC 8249 encompasses institutions providing training in various vocational and trade skills, including specialized technical training programs.
Interchange Fee
Interchange fees for transactions under this MCC typically range from 1.8% to 2.9%, varying based on card type, issuing bank, and transaction details.
Cashback Rewards
Some credit card programs may provide cashback rewards for payments under this MCC, generally ranging between 0.5% and 1.5%, depending on the card issuer.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under MCC 8249.
Tax Reporting
Tuition or training payments under MCC 8249 may qualify for educational tax credits or deductions. Consult a tax professional for specific advice regarding your tax filing obligations.