Should I bring enough cash to cover the entire trip to Thailand? [closed]

Should I bring enough cash to cover the entire trip to Thailand? [closed] - Assorted Map Pieces

I understand taking out cash in Thailand is costly since exchange rates are not that great and there are hefty fees on withdrawals.

If I am able to more less estimate what I will spend for the duration of the trip (then add a few thousand more) should I simply take it as cash (which solves the high fee withdrawal problem) or is there a 'better' way, like a magical 0 fee card, or some alternative?



Best Answer

It depends entirely on the reason why you want to take cash:

  1. If you have a bank account that charges low fees on international ATM withdrawals and foreign currency payments, you're better off just using your card. Whatever exchange rate you will get for your USD probably won't be better than the rate at the ATM.

  2. If your bank doesn't have a low-fee option, I suggest opening a virtual account with Revolut (disclaimer: it's a referral link which gives a small bonus for sign-ups). It's a zero-fee bank card that is available to all European residents without visiting a physical office. You order it through an app, receive it in the mail, and then top it up with your regular card (in EUR/GBP). Revolut is also great because it charges the inter-bank rate for all foreign currency transaction and is usually on-par with Transferwise.

  3. If you prefer cash just for the sake of it, then yes, bring as much as you need.

Beyond whatever option you choose I recommend getting at least 200$ in emergency cash. You never know when you might need it.




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How much cash should you bring to Thailand?

How much money do I need for a week in Thailand? We recommend setting a budget of $840 a week for a mid-range holiday in Thailand. For this price you'll be eating at upmarket restaurants, going on tours (possibly daily) and hitting up popular clubs and bars in the evening.

Should I take cash to Thailand?

Cash is the most widely accepted payment method in Thailand; you'll need it for smaller shops and market stalls. There are ATMs all over the country; these usually charge a THB200 foreign transaction fee per withdrawal, so consider taking out larger amounts of cash at a time.

How much money do you need to backpack Thailand?

How Much Do You Need to Travel Thailand? You don't need to spend a lot of money in Thailand. If you're backpacking Thailand, plan to budget between 825\u20131150 BHT ($25\u201335 USD) per day.

How much money do you need for a 2 week trip to Thailand?

2 Weeks in Thailand Travel CostsExpensesEstimated Daily CostEstimated Total CostAverage AirfareN/A$113-$550Accommodation$10-$120$140-$1680Transportation$1-$60$14-$840Food$4-$25$56-$3503 more rows•Jun 4, 2022



(CHANGING MONEY IN THAILAND} THE BEST WAY 2022 (TRAVEL TIPS}




Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Andrew Neel, Karolina Grabowska, Karolina Grabowska, Karolina Grabowska