Are you planning a trip to Prague and wondering where you can withdraw cash without paying any extra fees? Look no further, as we have compiled a list of ATMs that are free to use in the beautiful city of Prague. Whether you need Czech koruna or want to avoid carrying large amounts of cash, this guide will help you find the right ATMs for your needs.
1. Local Banks
If you prefer using ATMs from local banks, you’ll be glad to know that most major Czech banks offer fee-free withdrawals for their customers. These include:
- Česká spořitelna: With a wide network of ATMs throughout the city, Česká spořitelna is one of the largest banks in the Czech Republic and offers free withdrawals for their account holders.
- Komerční banka: Another popular bank with a significant presence in Prague, Komerční banka provides fee-free ATM services for its customers.
- Raiffeisenbank: Raiffeisenbank is another reliable option that offers free ATM withdrawals within its network.
2. Independent ATM Networks
If you don’t have an account with a local bank or prefer using independent networks, there are several options available:
- Euronet ATMs: Euronet is a well-known international ATM operator found in many tourist areas throughout Prague. While some Euronet ATMs charge high fees, there are also fee-free options available.
Look for Euronet ATMs affiliated with local banks like Česká spořitelna or Moneta Money Bank to avoid additional charges.
- Travelex ATMs: Travelex is a popular currency exchange company that operates its own network of ATMs. Some Travelex ATMs in Prague offer fee-free withdrawals, but it’s important to check the terms and conditions for each specific ATM location.
Important Tips:
When using ATMs in Prague, keep these tips in mind to make the most out of your transactions:
- Exchange rates: While most ATMs offer fair exchange rates, be cautious of dynamic currency conversion options that may have hidden fees. Always choose to be charged in the local currency (Czech koruna) to avoid unnecessary charges.
- Withdrawal limits: Different banks and ATM networks have varying withdrawal limits. Check with your bank or card issuer to learn about any restrictions or contact their customer support for further information.
- Cash alternatives: Consider using alternative payment methods such as credit cards or prepaid travel cards, which can help you avoid carrying large amounts of cash and provide additional security.
In Conclusion
In Prague, you have several options for finding fee-free ATMs. Local banks like Česká spořitelna, Komerční banka, and Raiffeisenbank are reliable choices for their customers.
Independent networks such as Euronet and Travelex also offer fee-free withdrawals at certain locations. Remember to consider exchange rates, withdrawal limits, and other cash alternatives when planning your financial transactions during your visit to Prague.
We hope this guide helps you find the right ATMs that are free to use in Prague. Enjoy your trip!