Do I need cash in Korea?

All major credit cards are accepted in South Korea, but if you're venturing into the rural areas or would like to dine at smaller restaurants, it is best to still have some cash on you.



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Visa and MasterCard are the most widely accepted types, with some high-end hotels and restaurants accepting American Express. For smaller restaurants, outdoor markets, and bus fare, cash is necessary. However, don't carry excessive amounts of cash.

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All major credit cards are accepted in South Korea, but if you're venturing into the rural areas or would like to dine at smaller restaurants, it is best to still have some cash on you.

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Changing your money to South Korean Won prior to your trip would be ideal but you can also exchange foreign currency at any of the South Korean banks, currency exchange desks at Incheon Airport and Gimpo Airport, or in tourist areas like Myeongdong, Itaewon, and Dongdaemun – all of which are located in Seoul.

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Eating out will generally set you back USD 12/meal, so USD 100 should be enough for you to also shop and see even the more expensive places, like private museums and amusement parks. More than enough..,can spend on their local cosmetic brand like Faceshop...

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The following items are restricted in South Korea and must be declared at customs:
  • Firearms: including replicas and toys.
  • Precious metals: gold jewelry used daily is not included.
  • Narcotics: illegal drugs including marijuana or cannabis, cocaine, opium etc.


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How to save money in Seoul
  1. Take advantage of free attractions.
  2. Use public transport.
  3. Travel off peak.
  4. Shop like a local.
  5. Party like a student.
  6. Use a Go City Seoul Pass.


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If your place of residence is covered, then yes, $3000 is more than enough for a month in Seoul unless you have very expensive activities planned or plan to buy a lot of expensive items.

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Taking money into South Korea You can bring Korean won and/or foreign currency worth up to $10,000 USD into South Korea.

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All taxis in Seoul accept credit, debit and cash payments, as well as Tmoney cards. Food, drink and smoking are prohibited during your taxi transfer. Bear in mind that an additional fee may apply when you call for a taxi, as opposed to hailing one off the street.

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