You’ll travelsr coming soon? Pay close attention, as it ise destination in the Caribbean It does not accept cards nor does it have an ATMso it is important that travel with enough cash so you won’t be left hungry or stranded on your next adventure.
But, which country does not accept cards or have ATMs? Is about Cuba And although you can use various payment methods, in few places there are options to pay with cards.
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Here we provide you with a complete guide so that your trip to Cuba is an experience without financial setbacks, with information from the Secretary of Foreign Relations (SRE).
What currency is used in Cuba?
The official currency of Cuba is the Cuban peso (CUP), but tourists generally use the convertible weight (CUC). The exchange rate of the Cuban peso against foreign currencies is determined by the Central Bank of Cuba and is published daily on its website. Central Bank of Cuba.
When leaving Mexico, it is recommended to carry euros, Canadian dollars or Mexican pesos and then exchange them for CUC when arriving in Cuba, thus avoiding the 10% tax applied to US dollars.
Although in theory international credit cards can be used in some establishments, the reality is that they are often rejected, especially those issued by US banks.
The BBVA Bancomer cards are the ones that have presented the least difficulties in paying and withdrawing money, although there is no guarantee that they will work without problems.
Other cards, such as Banamex (Citibank), American Express, and any cards issued by US banks, are generally not accepted. It is advisable to check with your bank before traveling to avoid unpleasant surprises.
Where to change money in Cuba
Currency exchange must be carried out at authorized premises, such as banks and exchange offices (CADECA), which have branches in key locations, including airports.
Avoid exchanging money in private places that offer supposedly attractive exchange rates, as you could fall victim to scams. To exchange currency, you must present your passport as identification.
Tips for traveling to Cuba
Carry enough cash: Plan your budget and carry enough cash in euros, Canadian dollars or Mexican pesos.
Check with your bank: Before travelcheck with your bank about the restrictions and fees applicable to the use of your cards in Cuba.
Cash transactions: Most of your transactions will be in CUC. Only Cuban citizens use the CUP for their daily purchases.
Card fees: Where cards are accepted, a fee is charged that can vary, often 12% or more.
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