Do ATMs in Portugal charge a fee?

Euronet is the most common company, but there are one or two others. These ATM companies charge you a hefty fee per withdrawal (as much as 13% of the total amount). If you're desperate for cash, they are always in very convenient locations.



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Cards are by far the most popular cashless payment method in Portugal, including international cards from Visa and Mastercard. Both credit and debit cards are used, but debit cards are much more common.

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While there's no obligation to tip in Portugal, it's also important to remember that when you do leave a tip, it's essential to use cash euros (the European currency), so the recipient of your tip can easily use the money without having to make a special trip to a bank (and then pay a transfer fee).

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The best bet is to use an ATM/Cashpoint to obtain Euros from your home bank account, or use a non-fee credit card where possible. To read more about fees associated with exchanging currency, using credit cards, etc. take a look at this extensive information posted on the Flyerguide wiki.

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Use your debit or credit card to withdraw your money or pay by card. If you're visiting its most remote areas, it's a good idea to carry some cash.

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How to Avoid ATM Fees When Traveling Abroad
  1. Use an ATM in Your Bank's International Network. ...
  2. Use Your Debit Card to Get Cash Back at a Store. ...
  3. Don't Use the ATM's Conversion Offer. ...
  4. Use a Bank That Doesn't Charge International ATM Fees. ...
  5. Use a Bank That Refunds ATM Fees. ...
  6. Use a Credit Card Without a Foreign Transaction Fee.


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ActivoBank Portugal With a network of branches across Portugal, ActivoBank is known for its straightforward consumer banking services. It charges no account maintenance fees or annual card fees,³ and has an innovative mobile banking app.

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Resist the urge to buy foreign currency before your trip. Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.

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Growing in popularity as a travel destination and famous for its beaches, port wine and custard tarts, Portugal is a semi-affordable European country that can be visited with a budget of $50 to $200 a day. My one-week trip to Portugal cost a total of $1,341 USD.

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While you'll always need some cash, using a credit card for your spending needs can significantly simplify overseas travel. You won't really have to deal with converting currency and, armed with the right credit card, you won't pay unnecessary foreign transaction fees.

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Yes, if you live frugally, you should be able to live on $1000 a month in Portugal. However, it may not be possible if you live in Lisbon as costs are increasing, and rental costs are now quite high. If you want to live comfortably in the country, we would recommend €1,200.

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For a comfortable lifestyle in Portugal, you can get by with €1,200 as a single person or around €2,000-€2,500 as a couple. Note that in the capital, however, costs are more expensive, particularly rent.

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All of these average travel prices have been collected from other travelers to help you plan your own travel budget. A vacation to Portugal for one week usually costs around €954 for one person. So, a trip to Portugal for two people costs around €1,908 for one week.

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What Should I Tell My Bank Before Traveling? Generally, you should tell your bank the locations you are traveling to and the dates/duration of your travels.

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Chime (USA Only) Chime is a good debit card for international travel thanks to its no foreign transaction fees. Unlike multi-currency accounts like Revolut (which let you hold local currency), Chime uses the live exchange rate applied by VISA.

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