Mastercard Charity
Mastercard grants extra-low rates to nonprofits classified as “charitable or social service organizations”
Mastercard has a special rate category specifically designed for nonprofits. Not all nonprofits will qualify – but if you’re classified with the MCC of 8398, or as a “Charity or Social Service” organization, then you’ll qualify for far-reduced interchange rates.
![MC Annual Account Spend interchange](https://dharmamerchantservices.com/wp-content/uploads/2017/06/new-mc-logo.png)
Qualifications
- Only Charitable and Social Service organizations are eligible (MCC 8398). Churches, schools, associations, and other nonprofits are not eligible for this rate category.
- Magnetic stripe, contactless, or chip data read, or key-entered, obtain customer’s signature when face-to-face.
- Authorize and settle within 2 days.
- Obtain and pass 1 valid electronic authorization.
What are the rates?
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/credit-card-1799583_1280.png)
Charity Core – 2.00% + $0.10
Downgrade (any reason): Standard, 2.95% + $0.10/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/MC-Debit-Cropped.png)
Enhanced Charity – 2.00% + $0.10
Downgrade (any reason): Standard, 2.95% + $0.10/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/MC-Cropped.png)
World Charity – 2.00% + $0.10
Downgrade (any reason): Standard, 2.95% + $0.10/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/card-1673581_1280.png)
orld Elite Charity – 2.20% + $0.1
Downgrade (any reason): Standard, 3.25% + $0.10/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/cf8d1962daf8cc1428e7a5be611cdfae.png)
Charity Debit – 1.45% + $0.15
Downgrade (any reason): Standard Debit, 1.90% + $0.25/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/mc.png)
Charity Prepaid – 1.45% + $0.15
Downgrade (any reason): Standard Prepaid, 1.90% + $0.25/txn
![](https://dharmamerchantservices.com/wp-content/uploads/2017/07/15e5c76bfa58ac5e7c454555257a3216.png)
Regulated Debit – 0.05% + $0.22
Downgrade: This card type does not downgrade.
Who’s eligible?
Only registered charities with an MCC of 8398 are eligible.