Navigating the financial landscape in Haiti can be a unique experience, especially when it comes to credit cards. While cash remains the predominant mode of transaction, the use of credit cards is gradually gaining traction. As of 2017, approximately 6.9% of Haitians owned a credit card, a notable increase from 3.8% in 2014. Here are some of the top credit cards available in Haiti:
BUH MasterCard
Banque de l'Union Haïtienne (BUH) introduced the MasterCard to Haiti in 1997. Their MasterCard offerings come with a variety of features:
- MasterCard Global Service: Provides emergency card replacement in case of loss or theft, with 24/7 assistance available worldwide.
- Concierge Service: Offers assistance for hotel, restaurant, and gift choices.
- Travel Assistance Service: Helps with emergencies like the loss of documents or luggage.
- Master Rental: Insurance for rental car accidents.
- Master Travel: Travel accident insurance (subject to terms and conditions).
Sogebank's Sogecarte
Sogebank, one of Haiti's leading commercial banks, offers credit card services through its subsidiary, Sogecarte. Their credit cards cater to both individual and business needs, providing a range of financial solutions.
Unibank Credit Cards
Unibank offers credit cards that are accepted at various establishments in Haiti, including larger hotels, grocery stores, and specialty shops.
Considerations for Credit Card Usage in Haiti
While credit cards are accepted at major establishments like hotels and grocery stores, it's essential to note that cash remains the most commonly used form of payment in Haiti. ATMs are available but may not always be reliable, so carrying sufficient cash for transactions, especially when visiting smaller businesses, is advisable.
International Credit Cards
International credit cards like MasterCard and Visa are generally accepted at established businesses. It’s a good idea to inform your home bank of your travel plans to avoid service interruptions, and be mindful of any foreign transaction fees that may apply.
In conclusion, while Haiti's credit card market is still developing, viable options are available for both residents and visitors. Understanding your financial needs and the local payment landscape will help you choose the right card for your situation.