Difference between revisions of "Czechia/Banking/Cash"
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(→Frequently Asked Questions (FAQ): === How much should I withdraw? ===) |
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{{DISPLAYTITLE:List of Czech ATMs not charging extra fees}} | {{DISPLAYTITLE:List of Czech ATMs not charging extra fees}} | ||
Here are '''tips for withdrawing cash''' at a Czech ATM / bank machine (Czech: ''bankomat''), especially when using a '''foreign Visa or Mastercard'''. | Here are '''tips for withdrawing cash''' at a Czech ATM / bank machine (Czech: ''bankomat''), especially when using a '''foreign Visa or Mastercard'''. | ||
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| − | + | {{FAQ/Item|q= Which ATMs should I avoid? |a= | |
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Avoid ATMs from | Avoid ATMs from | ||
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They will charge an extra fee of 100 CZK or more. | They will charge an extra fee of 100 CZK or more. | ||
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Cash machines of these banks allow withdrawing without extra fees: | Cash machines of these banks allow withdrawing without extra fees: | ||
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* [https://www.google.com/maps/search/kb+atm/@50.0785018,14.4403464,14z/data=!3m1!4b1 KB (Komerční banka)] | * [https://www.google.com/maps/search/kb+atm/@50.0785018,14.4403464,14z/data=!3m1!4b1 KB (Komerční banka)] | ||
| − | + | }}{{FAQ/Item|q= Should I use currency conversion? |a= | |
'''No.''' | '''No.''' | ||
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So when asked, always pick '''Decline''' the conversion and '''pay / withdraw CZK'''. | So when asked, always pick '''Decline''' the conversion and '''pay / withdraw CZK'''. | ||
| − | + | }}{{FAQ/Item|q= How much should I withdraw? |a= | |
* In Czechia, you can pay by card nearly everywhere: At supermarkets, ticket machines, restaurants and even most street food places. | * In Czechia, you can pay by card nearly everywhere: At supermarkets, ticket machines, restaurants and even most street food places. | ||
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** Thus, €40 are around 1000 CZK. | ** Thus, €40 are around 1000 CZK. | ||
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== More == | == More == | ||
* [https://www.youtube.com/watch?v=rdYhm__yMQY Video guide on withdrawing at Czech ATMs] by ''Honest Guide'':<br/> {{Youtube|rdYhm__yMQY}} | * [https://www.youtube.com/watch?v=rdYhm__yMQY Video guide on withdrawing at Czech ATMs] by ''Honest Guide'':<br/> {{Youtube|rdYhm__yMQY}} | ||
Revision as of 22:23, 26 May 2022
Here are tips for withdrawing cash at a Czech ATM / bank machine (Czech: bankomat), especially when using a foreign Visa or Mastercard.
Questions & Answers
Which ATMs should I avoid?
Avoid ATMs from
- Euronet
- Unicredit Bank
They will charge an extra fee of 100 CZK or more.
Which ATMs are recommended?
Cash machines of these banks allow withdrawing without extra fees:
Should I use currency conversion?
No.
Many ATMs (and sometimes even payment terminals in shops and restaurants) will offer you to convert the CZK into your home currency. For example, if you want to withdraw 1000 CZK, the machine will offer you
- to either withdraw 1000 CZK and let your bank do the conversion
- or do the conversion and charge you with your home currency
This is nearly always a bad deal. The conversion rate that the ATM will apply is usually much worse than the one your bank will apply.
So when asked, always pick Decline the conversion and pay / withdraw CZK.
How much should I withdraw?
- In Czechia, you can pay by card nearly everywhere: At supermarkets, ticket machines, restaurants and even most street food places.
- So you will need cash only very rarely.
- It is enough to withdraw only an amount needed as a backup.
- Some ATMs trick you to withdraw more that you need, by offering only high amounts when withdrawing.
- So remember the exchange rate. For EUR-CZK, it is 1 to 25.
- Thus, €40 are around 1000 CZK.
More
- Video guide on withdrawing at Czech ATMs by Honest Guide:
