on 17-07-2019 11:59 PM
I am trying to use a money transfer system called TransferWise.
They have a MCC code of (4829).
Will this be used a cash advance?
What MCC attract cash-advance fees and automatic interest rates?
Will there be a 2% surcharge on the transaction and/or automatica calculation of interest fees? I can't figure out what MCCs are considered what.
on 25-07-2019 12:40 PM
Transferring funds to another person is considered a cash advance and the 2% or $4 (whichever is higher) cash advance fee and cash advance interest (check your statement for the %) will apply.