Greece. The cradle of Western civilisation. A place where the feta is strong, and the ouzo is even stronger. Where the locals are enthusiastic about sports, politics, art, food and coffee.
Where every edge of the country is an endless coastal stretch, enveloped with the bluest skies you’ve ever seen. And where cobbled Byzantine footpaths and sun bleached ancient ruins beckon the adventure hungry and everyone who enjoys the great outdoors.
With so much to do, learn and discover, prepare your trip to Greece with these essential travel money tips.
Where should I look for the best exchange rate?
The Internet has made it easy for anyone to compare exchange rates. This is the most time and cost effective way of comparing travel money exchange rates.Alternatively, you can choose to explore different rates and fees with the following banks and money changers here:
Find the Best Way to Exchange Currency
How Much Money Should I Bring to Greece?
Greece’s economic crisis in 2007 has caused some confusion for travellers. Be prepared to take a combination of debit, credit, travel cards and more cash with you as ATMs may run out of cash during peak periods. Having cash on hand will help you pay your way.
Depending on your lifestyle and budget, this guide will help you decide how much money to bring to Greece
|Daily Budget||Low (€60)||Mid (€60-100)||High (€150>)|
€10-20 per night
|Double room, mid range hotel
€35-60 per night
|Double room, top hotel
from €90 per night
|Market and street food
|Meal at taverna (small restaurant)
€15 per person
|Dinner at top restaurant / Michelin Stars
€6 (Athens airport to City)
€3-5 (Airport to Monastiraki)
From €20 a day
*All prices are in Euro and are an estimate
The Best Card To Use In Greece
Visa and MasterCard are both accepted by major establishments across Greece.
If you favour credit cards for travel, do your research. Some credit cards have higher rates than others.
Overseas credit card use attracts additional fees and charges related to conversion rates, so speak to the card provider to ensure you understand the fees before committing.
International ATM fees can add up very quickly. It can be avoided by doing over the counter transactions. Loading up your card with your own money is another way to avoid cash advance rates but be aware that, by doing this, you may waive some of your protection against fraud.
Travel insurance is always critical so speak to your travel agent about the level of protection you need to make sure you’re covered.
Using Your Debit Card in Greece
The alternative to a credit card is a debit card you can use to make purchases over the counter or withdraw via the ATM.
There are still fees – mainly to do with international currency conversion and, with some cards, they are higher than others. Compare pricing before making your choice. Some Australian financial institutions have relationships with overseas banks and this can mean waived or reduced fees and charges for ATM use.
For up-to-date information on the best card for your European travel needs, talk to our team of currency experts at The Currency Shop for accurate advice.
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