While cash used to dominate the Greek market, new laws require most Greek businesses to accept credit cards. However, cash payments are still extremely common, particularly among smaller businesses such as convenience stores.
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Credit cards are widely accepted in shops, stores and restaurants located in the main resorts but if you are travelling to more remote villages then you are advised to take some cash with you. Banks in Greece are usually open 8am - 2:30pm Monday to Thursday and 8am - 2pm on Friday.
Its stunning beaches and unique islands makes a vacation to Greece a trip to paradise. Though Greece has a cash-preferred economy, credit and debit cards are accepted as well. A credit card that saves on foreign transaction fees is a good card to bring along.
While it is customary to tip people in Greece, in the end, it is entirely up to you whether you will leave a tip or not, as is the amount of the tip. If you want to show your gratitude through money, we aren't going to stop you. Feel free to express yourself and make those around you smile big!
Despite problems in the Greek economy, it's still on the expensive side to travel to Greece. Budget travelers should plan on $50 a day, while mid-range to luxury travelers can expect to pay between $150 to $350 a day, or higher if you plan to visit more than one of its 200 islands. All prices are in US dollars.
Fees for using ATMs in GreeceSome ATMs may charge foreign cardholders an administrative fee for using their machine. This can be between €2-€3.50. It is better to withdraw a couple of hundred euros at once so that you don't have to keep incurring more charges.
Fees for using ATMs in GreeceThis can be between €2-€3.50. It is better to withdraw a couple of hundred euros at once so that you don't have to keep incurring more charges.
But if you pay in euros, you'll get a rotten exchange rate. Ideally, if you're in a non-euro country for more than a few hours, head to the ATM and use local currency instead. Use your credit card to get cash only in emergencies.
If you make smart choices, it is possible to spend a week in Greece for under 400-500 euro per person. But if you are interested in luxury hotels or upmarket restaurants, the average cost can easily jump to over 1,500 or 2,000 euro.
How much money will you need for your trip to Greece? You should plan to spend around €155 ($166) per day on your vacation in Greece, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €40 ($43) on meals for one day and €30 ($32) on local transportation.
Greek cuisine and restaurants are usually straightforward and still largely affordable – typically €12–20 per person for a substantial meal with house wine. Even when preparation is basic, raw materials are usually wholesome and fresh.
Greece uses the euro as its currency, and businesses only accept Euros for payment. It's a good idea to carry some Greece currency for cash transactions, especially in remote areas. The best way to get euros in Greece is via an ATM or to exchange American dollars for euros before arriving.
Greek: “To logariasmo parakalo”After eating a delicious meal in Greece, you'll get your server's attention and ask for “To logariasmo parakalo” from your server. Both “logariasmo” and “parakalo” have the strongest accent on the last vowel, which sounds like the English word “oh.”
“Unless your service is an absolute disaster, it's pretty hard to justify not tipping at all.” And income does not necessarily dictate tipping behavior. Those who've worked in the service industry are also typically generous tippers, according to Jodi Smith, founder of Mannersmith Etiquette Consulting.
The best way to get Euros in Greece is via an ATM or to exchange American dollars for Euros before you arrive. The exchange rate is more favorable, and the process is more convenient.
Despite problems in the Greek economy, it's still on the expensive side to travel to Greece. Budget travelers should plan on $50 a day, while mid-range to luxury travelers can expect to pay between $150 to $350 a day, or higher if you plan to visit more than one of its 200 islands. All prices are in US dollars.