Should I pay in pounds or dollars in London?


Should I pay in pounds or dollars in London? The rate used by your card provider when paying in local currency will in most cases be lower than that of the merchant, or foreign bank, when paying in sterling. Some retailers outside the UK might automatically assume you want to pay in pounds unless you say otherwise, so always double check the amount before paying.


How much cash should I bring to London?

?50 a day is enough to live of if your accommodation is paid for and your tastes aren't too extravagant, but it's a lot of cash to carry around. ATM's are the way to go. For our twice-annual trips to London (usually 6-9 nights), we bring ~?400 cash, and use credit cards, without Foreign Transaction Fees.


Do you tip in cash in London?

Tipping in London's restaurants It's not customary to pay a tip (or gratuities) for fast food, self-service or takeaway meals. Many contactless or chip and pin payment machines have an option to add on a tip so you do not have to leave it in cash.


Do credit cards automatically convert currency?

Yes, credit card companies automatically convert foreign currencies to the domestic currency using their exchange rate.


Should I exchange money before I travel?

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.


Can I use USD in London?

Us dollars are not generally accepted in the UK. Nor, in fact, are Euros. With the exception of places like airport stores, you'll need to use UK currency in cash or a payment card during your time in the UK.