Can I use my Egyptian debit card abroad?
Can I use my Egyptian debit card abroad? Last week, the central bank told banks to suspend the use of Egyptian pound debit cards for purchases outside the country to stop a foreign currency drain. Now in oral instructions to banks it has extended restrictions to credit cards.
Is it better to use cash or credit card in Egypt?
Egypt is still a mostly cash-based society. Although credit card payments are becoming increasingly common and will be taken by many hotels and restaurants in Cairo or other tourist locations, you'll need cash to enjoy the local cuisine or shop for textiles and spices at the souk.
Does Egypt use contactless?
Egypt promotes cashless payments with increased contactless transaction limit, free prepaid cards and mobile wallets.
What debit cards are free to use abroad?
- Revolut: Best overall US debit card for international travel.
- Chime: US digital account without foreign transaction fees.
- Wise: Multi-currency account with most currency options.
- Capital One 360: Best US bank for international transactions.
Is it better to use cash or card in Egypt?
Most mid- and high-end tourist hotels will accept major credit cards, with Visa and MasterCard having the widest acceptance in Egypt. American Express is less commonly accepted but still useful in higher-end facilities. Diner's Club is rarely accepted in Egypt. The majority of restaurants and shops remain cash-only.
Should I use cash or card in Egypt?
Egypt is mostly a cash-based society, and credit cards are not something often used to make payments. This is slowly changing, so travelers can expect to use credit cards in the following scenarios: When staying at international hotel chains, like Marriott, Hilton, etc.
Why use a travel card instead of a debit card?
Unlike a debit or credit card, however, you can lock in an exchange rate at the time of depositing the funds and load multiple foreign currencies in your account – which may be helpful for multi-country trips.