topic Re: Transaction coding: Gas or Grocery? in Credit Cards

Transaction coding: Gas or Grocery?

vwgrrc — Fri, 21 Mar 2014 04:55:34 GMT

I always think about this~ How about the gas pump of a grocery store and the grocery store of a gas station?

e.g. The gas pumps at 7-11, Tom Thumb (aka Safeway), Sam's Club. Do the count as gas? Also, the stores at Shell, Exxon, QuikTrip. Do they count as grocery?

Figuring this out may help me maxmize my cash rewards

Re: Transaction coding: Gas or Grocery?

gdale6 — Fri, 21 Mar 2014 05:06:56 GMT

@vwgrrc wrote:
I always think about this~ How about the gas pump of a grocery store and the grocery store of a gas station?

e.g. The gas pumps at 7-11, Tom Thumb (aka Safeway), Sam's Club. Do the count as gas? Also, the stores at Shell, Exxon, QuikTrip. Do they count as grocery?

Figuring this out may help me maxmize my cash rewards

all stores of gas stations have always been rewarded as gas purchases on the cards that I have.

Re: Transaction coding: Gas or Grocery?

sexy_kitten7 — Fri, 21 Mar 2014 05:47:54 GMT

Visa and MC use MCCs to determine merchant categories. The Gas MCCs are 5541 Service Stations and 5542 Automated Fuel Dispensers. The trick is figuring out if the gas purchases are classified as one of the above (look at transaction data, itemized reward earnings, email CSR, etc.).

Re: Transaction coding: Gas or Grocery?

CreditMagic7 — Fri, 21 Mar 2014 06:57:50 GMT

I wondered the same because if it's full reporting as qualifying gas purchase when i sometimes prepay in -store in combo with in store purchases together.

Re: Transaction coding: Gas or Grocery?

takeshi74 — Fri, 21 Mar 2014 14:13:00 GMT

@vwgrrc wrote:
I always think about this~ How about the gas pump of a grocery store and the grocery store of a gas station?

Depends on coding and any other criteria set for the by the creditor. Verify with each.

Re: Transaction coding: Gas or Grocery?

Stralem — Fri, 21 Mar 2014 15:00:04 GMT

Depends on the store.

All purchases from the 7-Eleven by my house are coded as a gasoline purchases even though it doesn't sell gas.

Fuel purchases at the local Meijers are coded as grocery purchases.

It's a truly w@cKKy w0RLd we live in.