Does Iceland use a lot of cash?
Does Iceland use a lot of cash? Iceland is an almost cashless society, with nearly every purchase made by credit and debit cards. You won't need much cash at all for your trip. However, there are some important things that you need to know about paying in Iceland before you arrive.
Should I bring cash abroad?
While it's okay to put most expenses on your card, it's wise to also carry some cash for emergencies. Being over-prepared can help you avoid a lot of trouble—and perhaps some missed sightseeing opportunities—while you're traveling.
Should I exchange money before going to Iceland?
The best currency to take to Iceland is the local currency, the Icelandic króna. US dollars are also highly exchangeable at local banks and currency exchange offices. However, instead of converting physical banknotes, the cheapest way to pay in Iceland is to use a multi-currency travel debit card like Revolut or Wise.
How much cash can you take to Iceland?
Iceland allows travelers to bring as much currency as they would like, but they must declare if they are carrying more than 10,000 euros, or the equivalent to that amount in another currency, in cash, travelers' checks, or another form.