MasterCard Removes Block on Cuba Transactions for U.S.-Issued Cards
Today, MasterCard announced it is removing the current block on U.S.-issued card transactions in Cuba as of March 1, 2015.
The rest of their press release is here. |
Now they just need more places to accept them !!
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This is great! I hope Visa follows suit soon though - my best travel cards are all Visa.
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Has anyone reported any success of using a US issued MC working in Cuba?
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Originally Posted by adschnei
(Post 24583403)
Has anyone reported any success of using a US issued MC working in Cuba?
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Originally Posted by jammanxc
(Post 24584504)
I'm heading to Cuba this week, I'll let you know if MC is working.
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Visa will go live June 1.
There's more to the issue than MC and Visa lifting the restriction on use of U.S. cards. The financial institution issuing the card also has to lift the restriction, and you also need to check with them, because not all have. |
Originally Posted by SJOGuy
(Post 24603357)
Visa will go live June 1.
There's more to the issue than MC and Visa lifting the restriction on use of U.S. cards. The financial institution issuing the card also has to lift the restriction, and you also need to check with them, because not all have. |
No. I don't know. The advice from MasterCard (now) and Visa (for after June 1) is to check with your financial institution to see if it is set up to handle transactions in Cuba. Not all are or will be.
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Pardon me for being dense, but isn't the point of a card association to handle all the back-office stuff so that the card transaction goes through?
Why would an individual credit card issuer have to set things up on its own? This just seems really odd. |
I agree. One would think that, yes. But every article, every press release about the subject, including the link in the OP, states this caveat. I'm just back from Cuba. My MC worked. I talked to other U.S. travelers and heard mixed stories.
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Originally Posted by SJOGuy
(Post 24614056)
I agree. One would think that, yes. But every article, every press release about the subject, including the link in the OP, states this caveat. I'm just back from Cuba. My MC worked. I talked to other U.S. travelers and heard mixed stories.
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For what its worth, today April 4, 2015, I called the three institutions with which I have Mastercard accounts: Citi, Barclay and Capital One.
Citi and Barclay told me that they do not yet authorize Mastercard transactions in Cuba. Capital One said that they are now authorizing such transactions. |
Are you sure about Capital One? I called Barclays in February and they said it would work but in March they said no, not yet.
I might have to get a Cap One Venture card after all. |
Originally Posted by wholelottamiles
(Post 24621592)
Are you sure about Capital One? I called Barclays in February and they said it would work but in March they said no, not yet.
I might have to get a Cap One Venture card after all. I was most surprised that Barclays has not yet unblocked their MC transactions given that of the the three, it seems like it has a greater international presence than Citi and Capital One. |
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