Is it better to use cash or card in Indonesia?

Navigating Indonesia’s Financial Landscape: Cash vs. Card

Indonesia presents a unique financial landscape where cash remains widely accepted alongside the growing use of cards. To optimize your financial experience while traveling in Indonesia, it’s essential to consider both options and strike a balance.

The Prevalence of Cash

Cash continues to dominate daily transactions in Indonesia, especially in rural areas and local markets. Street vendors, small eateries, and traditional businesses often only accept cash. It’s advisable to carry a sufficient amount of Indonesian Rupiah (IDR) in small denominations for these transactions.

The Benefits of Cards

Despite the prevalence of cash, cards are becoming increasingly accepted in major cities and tourist areas. Credit and debit cards offer convenience, security, and rewards. Cards are particularly useful for large purchases, online bookings, and withdrawing cash from ATMs.

Exchanging Currency Beforehand

To avoid unfavorable exchange rates at airports or hotels, it’s wise to exchange your currency before arriving in Indonesia. Utilize reputable exchange services or order Indonesian Rupiah online for home delivery.

Safeguarding Your Cash

Ensure you keep your cash safe by distributing it across multiple secure locations. Avoid carrying large sums in one place, and safely store it in a hotel safe or money belt. Be wary of pickpockets and keep your wallet or purse close.

ATM Availability

ATMs are widely available in Indonesia, especially in major cities and tourist areas. However, not all ATMs accept foreign cards, so it’s advisable to check with your bank before traveling. Fees for using foreign cards can vary, so it’s prudent to inquire with your provider.

Conclusion

Navigating Indonesia’s financial landscape requires a balanced approach. While cash remains prevalent, cards offer convenience and security. By exchanging currency beforehand, distributing cash safely, and using ATMs judiciously, you can ensure a smooth and worry-free financial experience in Indonesia.