Which credit card for Cyprus travel ?
Cyprus is one of the most popular holiday destinations in the Mediterranean due to its unique beaches. A credit card for Cyprus should not be missing here, however, so that you can withdraw the USD currency at any time at the local ATMs. The credit card is also very important in the Republic as a cashless form of payment, which applies in particular to Visa or Mastercard. See http://www.adirondackauctions.com/bad-credit-payday-loans-brokers/ for an example
Credit cards offer advantages in Cyprus
The USD has been the official national currency in the Republic of Cyprus since 2008. This even eliminates the foreign assignment fee. In the Turkish part of Cyprus , which is in the north, the Turkish lira is the national currency , which is divided into 100 Kurus. Here, the credit card institute charges a fee for use abroad when withdrawing money. The amount is 1% to 4%. You should find out the exact amount of the fee in advance of the trip to avoid unnecessary surprises.
If you want to save yourself these fees, you should choose a free travel credit card, which is offered by some online and direct banks and which can be used to withdraw money free of charge in Cyprus, even in the northern part of Turkey . Exchanging money is not necessary thanks to the national currency, the USD. The USD is also adopted in the northern part.
The basic acceptance in Cyprus
In the popular holiday resorts, the ATM network is very well developed so that cash can be withdrawn quickly and easily with a credit card. The hotels, restaurants and larger shops in Cyprus are prepared to pay by credit card. Corresponding signs hanging at the entrance signal which providers are accepted. However, credit and EC cards are often not accepted at petrol stations.
It should also be noted that cashless payment is more advisable for larger amounts, because the acceptance points like to charge extra fees. After that, you should always inquire before making cashless payments.
Which credit cards are common in Cyprus?
Major credit cards accepted for withdrawing money in Cyprus include Visa or Mastercard . However, the EC or Maestro card, the American Express and Diners Club are also usually accepted as cashless means of payment in hotels, restaurants and large shops.
However, you should take into account that when making cashless payments with the corresponding card, the house bank or the respective credit card institute charges fees for use abroad. You should inquire about the exact amount before starting your trip.
Cash as a means of payment
You should also note that cashless payment is often not possible in the more rural regions. You should therefore stock up on sufficient cash before going on excursions. In the larger cities of the Republic of Cyprus, it is very easy to top up the travel funds with cash. A sufficient number of ATMs are available here . The costs are set by the relevant bank in Cyprus. As a rule, they correspond approximately to the costs incurred by a third-party bank in Germany.
The credit card should not be missing during a vacation in the Republic of Cyprus. Withdrawing money free of charge is also possible in Cyprus with a credit card from the right provider. Here, in particular, the direct banks show advantageous offers, where the customer can often even save worldwide. It is therefore always advisable to make a comparison before you start your journey in order to decide on the best offer and to replace or change your own credit card if necessary.
A new or second credit card can help you save a lot of money permanently. It is advisable to take an initial amount of USD with you for the trip and to provide cash replenishment at the numerous ATMs that are available on the island.