MCC 5511: Car and Truck Dealers (New and Used)
MCC 5511 is the merchant category code for car and truck dealers (new and used). Visa, Mastercard, Discover, and American Express assign it to businesses such as new car dealers, used car lots, and truck dealers.
- Code
- 5511
- Category group
- Retail Outlet Services
- Risk rating
- Standard risk
Which businesses use MCC 5511?
Acquiring banks assign MCC 5511 to merchants whose primary line of business is car and truck dealers (new and used). Common examples include:
- New car dealers
- Used car lots
- Truck dealers
Is MCC 5511 considered high risk?
Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
How does MCC 5511 affect processing fees?
MCC 5511 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the retail outlet services range share interchange programs, so two merchants with the same card mix but different MCCs can pay different wholesale rates.
Frequently asked questions
What does MCC 5511 mean?
MCC 5511 is the merchant category code for Car and Truck Dealers (New and Used). Card networks use it to classify transactions from businesses such as new car dealers, used car lots, and truck dealers.
Is MCC 5511 high risk?
MCC 5511 is generally rated standard risk. Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
Can a business change its MCC from 5511?
A business can request a different MCC through its acquiring bank. The acquirer reviews what the business actually sells and reassigns the code only if 5511 does not describe the primary line of business.