MCC 6513: Real Estate Agents and Managers (Rentals)
MCC 6513 is the merchant category code for real estate agents and managers (rentals). Visa, Mastercard, Discover, and American Express assign it to businesses such as property managers, rent collection, and apartment complexes.
- Code
- 6513
- Category group
- Miscellaneous Stores
- Risk rating
- Standard risk
Which businesses use MCC 6513?
Acquiring banks assign MCC 6513 to merchants whose primary line of business is real estate agents and managers (rentals). Common examples include:
- Property managers
- Rent collection
- Apartment complexes
Is MCC 6513 considered high risk?
Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
How does MCC 6513 affect processing fees?
MCC 6513 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the miscellaneous stores 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 6513 mean?
MCC 6513 is the merchant category code for Real Estate Agents and Managers (Rentals). Card networks use it to classify transactions from businesses such as property managers, rent collection, and apartment complexes.
Is MCC 6513 high risk?
MCC 6513 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 6513?
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 6513 does not describe the primary line of business.