How much cash should I get in Iceland?

How much cash should I get in Iceland? Do you need cash in Iceland? No, you don't need any cash in Iceland. And yes, you can pay everywhere by debit or credit card. Note that some places (such as unmanned petrol stations) only accept credit cards with a 4-digit pin.

Should I get cash before going abroad?

Buy currency before you travel. Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange. Do some research ahead of time to see if US dollars are widely accepted at places you plan to go to.

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 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.

Is there tipping in Iceland?

Tipping isn't mandatory or customary in Iceland, but it is always appreciated. The standard rate of tax on Icelandic products is 24%, with some products and services, including books, food and accommodation, taxed at a reduced rate of 11%.

Do restaurants in Iceland accept cash?

There is no obligation for Icelandic businesses to accept any currency other than Icelandic króna. Places regularly frequented by tourists such as restaurants, bars, hotels, and tours are the most likely to accept foreign currencies, although you should never rely on them taking anything other than ISK.

Should I bring a water bottle to Iceland?

Water bottle Before the tourism industry boomed, locals would never buy bottled water, “because clean water is free in Iceland and can be found in lakes, waterfalls, and rivers”. When traveling in Iceland, bring a bottle and fill it up from taps and, clean rivers and waterfalls.

What can you not bring to Iceland?