Should I Bring Cash to Prague?
If you’re planning a trip to the beautiful city of Prague, one question that might come to mind is whether you should bring cash with you or rely solely on your credit or debit cards. In this article, we will explore the advantages and disadvantages of carrying cash in Prague.
The Advantages of Bringing Cash
- Accepted Everywhere: Cash is widely accepted in most places in Prague, including restaurants, shops, and tourist attractions. Having cash on hand ensures that you can make purchases without any hassle.
- Budget Control: Carrying cash allows you to have better control over your expenses.
By setting a specific amount for each day, you can avoid overspending and manage your budget effectively.
- Avoiding Currency Conversion Fees: If you withdraw money from ATMs in Prague using your debit card, there may be currency conversion fees involved. By bringing cash with you beforehand, you can avoid these additional charges.
The Disadvantages of Bringing Cash
- Safety Concerns: Carrying a significant amount of cash with you can increase the risk of theft or loss. It’s essential to be cautious and take necessary precautions like using a money belt or securing your money in a safe place.
- Inconvenience: Having large amounts of cash can be inconvenient when making transactions.
Carrying exact change may not always be possible, and it may require frequent trips to ATMs or currency exchange booths.
- No Electronic Trail: If your cash gets stolen or lost, there is no electronic trail to trace it back. With credit or debit card transactions, you have the advantage of being able to track your expenses easily.
Best Practices for Carrying Cash in Prague
If you decide to bring cash with you to Prague, here are some best practices to ensure a safe and smooth experience:
1. Exchange Currency Beforehand
Consider exchanging your currency to Czech koruna before your trip. This way, you can avoid unfavorable exchange rates or additional fees charged by exchange booths in Prague.
2. Use ATMs Wisely
If you need to withdraw cash during your stay in Prague, use ATMs located inside banks or trusted locations. Be cautious of any suspicious devices attached to the ATM that could potentially compromise your card information.
3. Split Your Cash
Avoid carrying all your cash in one place. Split it up and keep some in your wallet, while stashing the rest in a secure location like a money belt or hotel safe.
4. Notify Your Bank
Before traveling, inform your bank about your trip and the dates you’ll be in Prague. This will help prevent any issues with card usage due to suspected fraudulent activity.
In Conclusion
In summary, bringing cash to Prague has its advantages and disadvantages. While it is widely accepted and helps with budget control, safety concerns and inconvenience should also be considered. By following best practices and taking necessary precautions, you can have a hassle-free experience whether you choose to bring cash or rely on cards during your visit to Prague.