Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this7:18 pm
March 5, 2020
Offline
Warwick111 said
I have used my TD cash Back Visa Infinite Card, CIBC Dividend cash back card, and Tangerine money back credit card at my local Walmart stores and none of them fall under the grocery category and defaulted to the misc/other category. However, when I used my RBC cash back Mastercard it is under the grocery category.
For Walmart stores, it's very tricky. VISA network does not recognize Walmart as grocery at all no matter how much of the store is selling grocery. That's just VISA. For Mastercard, it will depend. That Walmart store would have to be those really big superstores that have at least 25% of its store selling grocery to qualify as grocery. And generally Mastercard like Tangerine and MBNA have no problem recognizing those Walmart superstores as grocery. I have shopped at this Walmart superstore and it always showed up as grocery for these two mastercards. Hell I even have some bakery stores show up as grocery when using my Tangerine, another very good card that I would recommend.
7:23 pm
March 5, 2020
Offline
Norman1 said
Each card network has rules that are applied to determine the merchant category code. The merchant has input but does not decide. MasterCard Canada has assigned the grocery store category to the Walmart Supercentres. Visa Canada has not.The recurring payment category is not a merchant category. There's a flag on each credit card transaction that can be set to indicate the charge is a recurring charge. Whether the flag is properly set or not depends on the merchant and the credit card acquirer the merchant uses.
Some merchants do odd things that can mess up rewards that are based on merchant category. One restaurant I ordered from apparently subcontracted out its deliveries to an alcohol delivery service! The delivery person puts the credit card charges through the delivery service's credit card merchant account and not the restaurant's. When the charge posts, neither the merchant name nor category are what one expects.
Glad you told me about the recurring payment charges. I signed up for the Scotia Momentum Infinite card to specifically take advantage of its higher cashback rate on recurring payment charges but if the merchant and/or Scotia f's up the payments to the point that I am not earning the higher cashback rate then I am not sure if I want to keep the card around just for its travel insurance. There are far better cards out there.
Please write your comments in the forum.