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Should you take cash to Madeira?

Most places in Madeira do take cards, but you'll need some cash for buses, and I've heard that some of the cable cars only take cash too (the cable car from the promenade in Funchal does take cards). The small shops and cafes I visited all took cards but it's best to have some money just in case.



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Madeira uses the Euro, though major credit cards will work and ATMs are widely available. If you're flying direct to Madeira, currency can be exchanged at airports, banks, and hotels.

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Madeira's currency is the Euro. Credit cards and contactless payments are accepted in many places, especially in tourist areas and larger establishments, but not everywhere so it's worth always carrying some cash.

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You should plan to spend around €95 ($101) per day on your vacation in Madeira Islands, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €33 ($35) on meals for one day and €9.87 ($10) on local transportation.

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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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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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Well, you don't have to, and most certainly no one will give you a hard time if you choose not to tip. Tipping is not mandatory, and you should only do so if you feel comfortable about it and if you want to reward truly exceptional service. Tipping for great service is very much appreciated.

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The average standard of living tends to be a bit lower than in mainland Portugal, and the local autonomous government gives generous subsidies coming from the tourist industry revenues and from the Portuguese national budget. Go where the locals go and everything will be cheap.

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Madeira's national currency is Euro (EUR), which comes in denominations of 5€, 10€, 20€, 50€, 100€, 200€ and 500€ notes. Coins come in 1, 2,5, 10, 20 and 50 cent and one and two euros denominations. Banks are open from 8:30 am to 15:00 pm, Monday to Friday.

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ELECTRICITY AND WATER The electric current in the archipelago is 220 volts. There is plenty of water in Madeira and it is all drinkable and of excellent quality.

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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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Madeira in general isn't an expensive place to live. Housing, transport, and food are quite affordable for expats staying in Madeira longer term.

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Funchal is the most expensive place to buy property on the islands – given its higher demand and abundance of services.

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Funchal – Madeira Island's capital A family of four estimated monthly costs are 1,943.8€ without rent. A single person estimated monthly costs are 542.5€ without rent. Funchal is 13.1% less expensive than Lisbon. Rent in Funchal is, on average, 32.4% lower than in Lisbon.

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Food and drink prices at restaurants in Madeira In Funchal, you can go to a small local place and pay €5-12 for some food and a drink but then you can also go across the street to a fancier place and pay over €25 for food and a drink.

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If you don't already know, Funchal is the capital city of a magical Portuguese island archipelago in the middle of the Atlantic known as Madeira.

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You should tip your taxi driver at least 15 to 20% of your trip fare. If you think of giving anything less than 10%, you might as well leave without tipping at all. If your fare is less than $10, leave a tip of not less than a dollar. Something like a 50-cent tip is insulting and more of a hassle to come up with.

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Unlike some other countries, tipping in Portugal is not expected. If you receive sub-par service, there is no need to tip. Ask the locals and follow their lead when it comes to tipping situations. By blending into the Portuguese culture you'll be appreciated by service providers and locals alike.

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Madeira uses electricity at 220-240V, 50Hz with European standard Europlug and Schuko plug sockets. If you plan on using electrical appliances that operate on a different voltage, a transformer is required, while appliances that have different plugs will need an adapter.

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