How much cash do you need for Vietnam Reddit?
How Much Cash Do You Need for Travel in Vietnam?
When planning a trip to Vietnam, one of the important considerations is how much cash you should bring. While Vietnam is becoming increasingly cashless, there are still many situations where having cash on hand is essential.
General Recommendation
For peace of mind, it is recommended to carry $200-$300 in US$100 bills. This amount provides a safety net for unexpected expenses and ensures smoother transactions, especially in less touristy areas.
Advantages of Carrying Cash
- Emergencies: In the event of an emergency, such as a medical issue or a lost passport, having cash on hand can be invaluable.
- Smaller purchases: Many small businesses and street vendors still only accept cash.
- Haggling: Cash is often preferred for haggling over prices.
- Tipping: Tipping is not always expected in Vietnam, but it is appreciated in certain situations, such as for tour guides or hotel staff.
Alternatives to Cash
While cash is still widely accepted in Vietnam, there are other options for payment:
- Credit cards: Major credit cards are accepted in most large cities and tourist destinations. However, it is important to note that some businesses may charge additional fees for credit card transactions.
- Debit cards: Debit cards can be used to withdraw local currency from ATMs. However, it is important to check with your bank about any international transaction fees.
- Mobile payments: Mobile payment apps such as ZaloPay and MoMo are becoming increasingly popular in Vietnam.
Tips for Using Cash
- Check the exchange rate: Before exchanging money, check the current exchange rate to avoid getting ripped off.
- Use ATMs sparingly: ATMs in Vietnam often charge high fees. If possible, try to withdraw larger amounts less frequently.
- Keep your cash safe: Vietnam is generally a safe country, but it is always advisable to keep your cash in a secure place, such as a money belt or a lockbox.
In conclusion, while carrying cash is still recommended for travel in Vietnam, it is not necessary to bring a large amount. By following these tips, you can ensure that you have enough cash on hand for most situations.
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