World Elite Restaurant
World Elite Restaurant is the MasterCard Interchange Rate for a world elite rewards card credit transaction accepted at a restaurant location.
Interchange fee: 2.00% + $0.10
- 2.20% + $0.10 October 2019
- Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, Banknet reference number and Banknet date required in clearing transaction.
- Sic code is 5812 or 5814.
Did this interchange rate go up in April 2020?
No, it actually went down, from 2.20% to 2.00%.