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Updated: Tuesday, January 27, 2015

MasterCard leads way for U.S. card acceptance in Cuba

If you're planning a trip to Cuba any time soon you may want to take along your MasterCard, because U.S.-issued American Express, Discover and Visa cards can't be used on the island nation. That's the situation for now, at least.

MasterCard Worldwide is the first card brand to lift a decades-old ban on using U.S.-issued credit and debit cards for transactions with Cuban sellers, effective March 1, 2015. The move, heralded on the company's website Jan. 23, follows word out of Washington, D.C., last month that the federal government was relaxing restrictions on Americans traveling to Cuba or doing business with Cuban firms and individuals.

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