using credit cards in seoul
#2
Join Date: Dec 2016
Posts: 578
I've had success using Visa and MC. However, once in a while it would get rejected or some issue would come up. Swapping to another card worked sometimes, but be sure to have cash ready just in case.
For the rejections, I couldn't get details on what happened due to language barrier.
For the rejections, I couldn't get details on what happened due to language barrier.
#3
Join Date: Jan 2017
Programs: ALL Gold, MPC Silver
Posts: 175
Visa and MC are universally accepted, Amex should be universally accepted and I'm not really sure about Discovery.
Not accepting credit cards is a surefire way to get hit by a tax audit in Korea because the IRS equivalent here takes citizen reports on places that don't take credit cards. And then the IRS equivalent will go nuclear assuming that the business in question is avoiding taxes.
Not accepting credit cards is a surefire way to get hit by a tax audit in Korea because the IRS equivalent here takes citizen reports on places that don't take credit cards. And then the IRS equivalent will go nuclear assuming that the business in question is avoiding taxes.
#4
Join Date: Dec 2010
Location: Gangnam-gu, Seoul, Korea
Programs: KE Skypass Morning Calm Member, OZ Club
Posts: 2,352
In six years, I have only at one place been refused use of my foreign card. He was just .....ing because of the higher fee he had to pay. No one will generally look at your card twice or think about it. Credit cards are accepted essentially everywhere....convenience stores, restaurants, all malls/department stores. The only places that will not take them (or try not to take them) are traditional markets and random street food stalls. Technically, it's the law, but a lot them don't.
You will need cash for getting a T-money card and loading subway fare onto it. No cards at all for that.
Visa/MC/Amex are all in circulation here. Discover card is not a brand here, but I believe they partner with the BC card network here which is huge.
You will need cash for getting a T-money card and loading subway fare onto it. No cards at all for that.
Visa/MC/Amex are all in circulation here. Discover card is not a brand here, but I believe they partner with the BC card network here which is huge.
#6
Join Date: Dec 2009
Posts: 306
Visa and MC will be no issue. Amex and Discover are rarely accepted. Credit card acceptance is pervasive in Korea so almost everywhere you go will accept it except for public transit systems and street vendors.
Beware of DCC if you don't speak Korean. Some merchants will just process the transaction for you and convert it to your home currency without asking you and the conversion rate is much worse than what your credit card company would charge you.
Beware of DCC if you don't speak Korean. Some merchants will just process the transaction for you and convert it to your home currency without asking you and the conversion rate is much worse than what your credit card company would charge you.
#7
Join Date: Dec 2010
Location: Gangnam-gu, Seoul, Korea
Programs: KE Skypass Morning Calm Member, OZ Club
Posts: 2,352
Visa and MC will be no issue. Amex and Discover are rarely accepted. Credit card acceptance is pervasive in Korea so almost everywhere you go will accept it except for public transit systems and street vendors.
Beware of DCC if you don't speak Korean. Some merchants will just process the transaction for you and convert it to your home currency without asking you and the conversion rate is much worse than what your credit card company would charge you.
Beware of DCC if you don't speak Korean. Some merchants will just process the transaction for you and convert it to your home currency without asking you and the conversion rate is much worse than what your credit card company would charge you.
#8
Join Date: Dec 2009
Posts: 306
At major retailers, DCC is always an option, but the clerk always leaves it up to you to select whether you want to do it on the terminal.
#14
Join Date: Dec 2010
Location: Gangnam-gu, Seoul, Korea
Programs: KE Skypass Morning Calm Member, OZ Club
Posts: 2,352
Funny you should mention that, the only time I got DCCed without being asked was at a restaurants. Clerk just took my card swiped it and asked me to sign on the screen. Didn't realize until after I scrutinized the receipt which was printed in Korean that I realized I got DCCed. Since my Korean skills were pretty much non existant, I just let it go.
At major retailers, DCC is always an option, but the clerk always leaves it up to you to select whether you want to do it on the terminal.
At major retailers, DCC is always an option, but the clerk always leaves it up to you to select whether you want to do it on the terminal.
#15
Join Date: Dec 2009
Posts: 306
Yes they were hole in the wall restaurants. What they did was turn the terminal towards them swiped my card and pressed all the options for me and turned it back to me when it was prompting for signature. I don't think they were trying to scam me, they knew I didn't speak Korean so I think they thought they were trying to be helpful by doing everything for me and assumed I would have wanted to be billed in my home currency.