What is the best way to take spending money to Spain?

Summary. In my opinion, the best way to take money abroad is using a pre-paid card or an app-only bank debit card, with a small amount of cash for emergencies. It is easy to open a new app-only bank account, and if you do so before you go on holiday, you needn't do anything else.



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European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. If you need cash from an ATM, it's usually better to use a debit card, because credit cards often charge a high interest rate for a cash advance.

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Therefore, you do not necessarily need to exchange money before traveling to Spain if you plan on using your card for most transactions. Just make sure that your credit card waives international card transaction fees, otherwise, those fees will add on very quickly.

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Expect to need cash for things like coffee and tapas, and anytime you need to make a purchase for anything between €10 and €20. When you're visiting the larger cities of Madrid, Barcelona and Seville, you should be able to live on your credit and debit cards.

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Currency: Can I pay in U.S. dollars, or should I use Euros? The currency of Spain is the Euro (€). U.S. dollars are not accepted. Please be sure to have the correct currency on hand or be prepared to exchange your dollars for Euros upon arrival.

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You may want to investigate banks that do not charge ATM fees and/or banks that are found throughout Europe. The cheapest and easiest way-and the best exchange rates-to get your hands on some euros is to simply use your US based bank's ATM/debit card at the many ATMs located throughout Madrid.

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For starters, the typical cost of a week-long trip to Spain for an individual fluctuates between $1,100-$2,257. For a couple, it appears to average between $1,900-$3,800.

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UP to 10,000 euros without declaring. Whether you are travelling with euros or with the currency of another country, the limit is 10,000 euros or equivalent. Above this amount, you will have to submit a declaration to the customs services. Spain also sets a limit for the entry of undeclared capital.

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