Can I use a credit card everywhere in Korea?
안녕하세요 헬로우코리아 입니다.
Korea is known for its advanced technology and modern lifestyle, and many visitors expect that credit cards will be accepted everywhere. But is it really that simple? In this post, I’ll share my personal experience and up-to-date information on using credit cards in Korea as a foreigner, so you can feel prepared before your trip!
Credit Card Usage in Korea: The Basics
South Korea is one of the most cashless societies in Asia, with most people using credit cards, debit cards, or mobile payments for everyday transactions. In major cities like Seoul, Busan, and Incheon, credit cards are widely accepted at department stores, supermarkets, restaurants, hotels, and even in taxis. Both Visa and Mastercard are commonly used, and many places also accept American Express and JCB.
Where You CAN Use a Credit Card
- Department stores, shopping malls, and luxury boutiques
- Most restaurants and cafes, especially in city centers
- Hotels, motels, and guesthouses catering to foreigners
- Supermarkets and convenience stores (like GS25, CU, 7-Eleven)
- Taxi rides (most taxis in big cities have card readers)
- Online shopping platforms (Gmarket, Coupang, SSG, etc.)
- Major tourist attractions and museums
- Train tickets and airport transportation (KTX, AREX, airport buses)
Where You Might Need Cash
Despite the widespread acceptance of credit cards, there are still situations where cash is preferred or even required:
- Traditional markets (like Namdaemun or Gwangjang Market)
- Street food stalls and small, local eateries
- Some rural or less touristy areas
- Smaller guesthouses, hostels, or pensions
- Small neighborhood shops (hardware, stationery, florists)
- Temple stays and certain cultural experiences
- Public buses in some regions (Seoul city buses accept cards, but not all towns do)
Some taxi drivers in rural areas may also prefer cash, so it’s always good to ask before your ride starts.
Important Tips for Foreign Credit Cards
- Chip & PIN Required: Most Korean card readers expect a chip and sometimes a PIN. Make sure your card is chip-enabled.
- Notify Your Bank: Let your card provider know you’ll be traveling to Korea, to avoid your transactions being blocked.
- Foreign Transaction Fees: Many banks charge 1-3% per international transaction, so check with your provider.
- ATMs for Cash Withdrawal: Not all ATMs accept foreign cards! Look for “Global ATM” signs at banks or in convenience stores.
- Mobile Payments: Apps like Samsung Pay and Kakao Pay are popular, but usually require a Korean bank account or card.
Personal Experience: A Foreigner’s Point of View
As a non-Korean, I found it super convenient to use my credit card in Seoul, especially at chain stores and restaurants. However, the first time I visited a street market, I quickly realized that cash was the only option! I’ve also met travelers who had trouble using their cards in smaller towns or at older establishments. Overall, I’d recommend carrying a small amount of cash (₩50,000 to ₩100,000 KRW) just in case.
Conclusion
In summary, you can use a credit card almost everywhere in Korea, especially in cities and at larger businesses. But it’s always wise to carry a little cash for local markets, rural areas, or when technology fails. Traveling in Korea is generally hassle-free when it comes to payments, and you’ll appreciate the country’s high-tech convenience. Just remember to double-check with small shops or taxis before assuming they take cards!
Labels: Korea travel tips, credit card, payments in Korea, living in Korea, Hello Korea
Please note: Information may vary depending on the environment and region.
