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07-2022

“In Europe you don’t have to carry cash”: true or false? – Nation World News

It is often said that europa anyone can walk pay everything by card and that it is not necessary to walk along cash,

We’d say this statement is generally true, but traveling in real life we ​​found situations where paying for something was the only way. cash,

For example ItalyOn the island of Sardinia, we wanted to pay the entrance to a spa with a credit card and the answer was «only cash, Later, on another island on the same island, we wanted to pay by card to rent an umbrella and we had to walk a few blocks and go to the administration of that place to be able to do it.

In SpainOn the island of Mallorca, in Puerto Polenca, we saw a sign saying “No credit card” at a place selling mini donuts.

"In Europe you don't have to carry cash": true or false? - Nation World News

In Mallorca, in the beautiful town of Valdemosa, they only accepted euro coins to pay for parking.

In GermanyIn Berlin, we find a surprising love for cash and an aversion to cards in many stores. At first we found it in areas with more alternative offers and we thought it would only be there, but no, we also saw “cash only” in the Alexanderplatz shopping center.

"In Europe you don't have to carry cash": true or false? - Nation World News

Again, credit and debit cards are generally widely accepted in Europe, but there are many exceptions, such as those listed as an example above. It varies from country to country and even within regions or cities of the same country.

What are the options for keeping local money in Europe?

For what we’ve mentioned in this post, you might need to have a little cash on hand when you’re traveling to Europe, so let’s look at some alternatives:

  • Bring some currency such as US dollars and exchange it for Euros (or the local currency of the country we are visiting) at the exchange house.
  • Withdraw Euros (or the local currency of the country we are visiting) from our foreign credit card
    • Local funds can be withdrawn using our foreign credit cards at ATMs
      • A PIN is required, in the case of Visa cards issued in Argentina this can be requested online as we have here: Request a Visa Card PIN online to operate at ATMs (even abroad as well)
      • For these operations, ATMs usually charge a commission, on a recent visit we found they are charging between €2.50 and €7 per transaction
      • Depending on your issuing bank and the type of account, the bank may also charge you a commission for the withdrawal and interest for the time elapsed between the withdrawal of local funds, which is considered a Cash Advanceand the expiration date of your abstract
      • They can withdraw up to the amount they have defined as the limit of cash advances on their card
      • That cash withdrawal will appear in the account summary as consumed in foreign currency.
  • Withdraw Euros (or the local currency of the country we are visiting) from our foreign debit card
  • Buy and take Euros (or the local currency of the country we are visiting) in your country
    • We should consider this option carefully, as on many occasions they impose very unfavorable exchange rates for us when carrying out this type of operation in our country of origin, look carefully at how much they are willing to charge you.

While we are here, we take this opportunity to suggest that you do not rely on any one option when thinking about operating with debit, credit or prepaid cards, failures often occur across various payment networks.

And for you, When it comes to paying for things in Europe, did you find yourself in need of some cash?


"In Europe you don't have to carry cash": true or false? - Nation World News

"In Europe you don't have to carry cash": true or false? - Nation World News

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