MCC 6050
Quasi Cash - Customer Financial Institution
MCC Code
6050
Category
Quasi Cash
Known Merchants
0+
About MCC 6050
Covers quasi-cash transactions processed by a customer financial institution, such as the purchase of travellers' cheques, money orders, foreign currency or similar cash-equivalent items at a bank. Quasi-cash purchased from non-financial institutions uses 6051. These transactions are generally processed like cash rather than purchases.
Merchant Information
Banks and financial institutions selling cash-equivalent items. Many card issuers exclude this code from rewards or treat it as a cash-like transaction; check your card's terms.
Best credit card for MCC 6050
API Access
Related MCC Codes in Quasi Cash
MCC 6050 is a four-digit Merchant Category Code used to classify businesses that provide quasi cash - customer financial institution. This code falls under the Quasi Cash category.
Credit card networks like Visa and Mastercard use MCC 6050 to:
- Categorize transactions at merchants classified as "Quasi Cash - Customer Financial Institution"
- Determine rewards and cashback eligibility for cardholders
- Enable expense tracking and reporting for businesses
- Power fraud detection systems
Developers can access MCC 6050 data through our REST API. Use our merchant lookup feature to automatically categorize transactions or build financial tools that require merchant classification.
Credit card rewards programs use MCC codes to determine which purchases qualify for bonus categories. If your credit card offers enhanced rewards on quasi cash spending, transactions at merchants using MCC 6050 may qualify.
Common cards that may offer bonuses on quasi cash purchases include:
- Cards with rotating quarterly categories
- Category-specific cards (dining, travel, etc.)
- Premium cards with broad category bonuses
Always check your card's terms to verify which MCC codes qualify for bonus rewards.
What is MCC code 6050?
MCC 6050 is a four-digit Merchant Category Code that classifies businesses as "Quasi Cash - Customer Financial Institution". This code falls under the Quasi Cash category and is used by credit card networks to categorize transactions.
What types of businesses use MCC 6050?
Businesses classified under MCC 6050 typically include those that provide quasi cash - customer financial institution. We have 0+ merchants in our database using this MCC code.
Does MCC 6050 qualify for credit card rewards?
Whether MCC 6050 qualifies for bonus rewards depends on your credit card's terms. Cards that offer bonuses on quasi cash spending may reward transactions at merchants using this code. Check your card's reward categories to confirm.
How can I look up MCC 6050 programmatically?
You can access MCC 6050 data through our REST API. Sign up for a free API key to query MCC codes, get merchant mappings, and integrate MCC data into your applications.