The BANKWEST Cash & Check Card works like a checkâ¦ but faster and easier! It looks like a credit card, but all purchase amounts are deducted from your checking account balance, not added to a credit amount.
Additionally, first time buyers may qualify for an MCC Tax Credit. Even other buyers on occasion! This benefit offers a true bottom line income tax credit up to $2000 each year. The tax credit enhances the affordability of a primary residence purchase in NC.
Show details Hide details. Using the Merchant Category Codes (MCCs) database. A Merchant Category Code (MCC) is a 4 digit number given to a business by VISA, MasterCard, Discover, or American Express when the business first starts accepting credit cards as a form of payment.