Why should you use cash instead of card?
Why should you use cash instead of card? You own, not owe. Paying with cash keeps you from spending money you don't have—which means you don't owe anyone. And unlike credit, when you buy those new shoes with cash, you don't have to worry about making payments on them or the interest coming back to bite you.
What is the disadvantage of card?
Credit cards often come with several hidden costs that can add up quickly and cause you to go into debt even faster. These include late fees, annual fees, cash advance fees, or balance transfer fees (if applicable). There are also penalty fees for exceeding your credit limit (over-limit fees) and more.
Why do people travel with cash?
While credit cards are easy to carry and more secure than cash, you should always have some local cash on you when traveling. It's just good sense. Besides the fact that some local shops and vendors won't accept credit cards, having some cash provides a safety net in case your bank shuts off your card for any reason.
Is Greece a tipping country?
There is not a strong tradition of tipping in Greece, particularly among the locals, but it's become expected that tourists leave a small tip while travelling through the country. In restaurants it's common to leave a cash tip for whoever is looking after you – 10–15 per cent is standard.
Why do they prefer cash in Greece?
Does Greece prefer cash or card? Cash is preferred in Greece, even though businesses are now required to accept cards. Unofficially, you may come across a lot of establishments that offer you a discount if you pay in cash. This is generally because they will try not to declare it for tax purposes.
What is the best way to pay in Europe?
Should You Use Cash or Credit When Traveling to Europe? Most international travelers will end up using a combination of cash and cards when visiting Europe. While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors.
Should you tip in Greece?
Tipping is a common practice in Greece, especially in the hospitality industry. It is a way to show appreciation for good service. It's recommended to have cash on hand for tipping purposes. While some establishments accept credit cards, it's easier and more convenient to tip with cash, especially for smaller amounts.
Why do people use cash when traveling?
Advantages of using cash No foreign transaction fees: Many credit cards charge an extra fee of up to 3% on purchases made outside the country, although you can find cards that don't. No extra fees: Businesses pay interchange fees to banks for processing credit card payments, which eats into their profits.
Is it smart to travel with cash?
Advantages of using cash If your spending discipline breaks down when you use credit cards, cash may be a better choice while you let loose on vacation. No foreign transaction fees: Many credit cards charge an extra fee of up to 3% on purchases made outside the country, although you can find cards that don't.