Taxi drivers and food vendors are rarely willing to be paid by credit card, and if you are planning a trip outside of a major urban center, be prepared to pay in cash. Most ATMs and shops in Vietnam still require your card to have a magnetic strip the black strip across the back of the card to work. If you have been issued a new bankcard recently it will probably have a small gold chip.
These chips are not as widely used in Vietnam, so make sure you have the strip, or you could find yourself stranded with a useless bankcard. Asia Highlights welcomes the chance to help you design your perfect trip to Vietnam. Our knowledgeable staff will assist you in selecting destinations, accommodations and activities that best suit your requirements. Check out the following links to learn more about our tours and get a head start on planning your hassle-free vacation today! At Asia Highlights, we create your kind of journey — your dates, your destinations, at your pace.
You can have any trip tailor made for your travel. By Ruby Zhao Updated Oct. What is the Best Currency to use in Vietnam? How much money do you need per day in Vietnam? Do I need to tip in Vietnam? Can I Haggle in Vietnam? Vietnamese Dong. Shopping in Vietnam. Shopping in the Mekong Delta. Landscape of Vietnam - Picture Perfect Diversity. Vietnam Visa on Arrival. Im travelling to Vietnam on 11th April. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
Notify me of follow-up comments by email. Notify me of new posts by email. Stay Ahead of the curve in Emerging Asia. The exchange rates at banks and foreign exchange institutions are different. The exchange rates in the lists below are only applicable at the Vietcombank Head office and are subject to change.
You can take out money from ATMs of many foreign banks and Vietnamese banks. Withdrawing with a credit card will cost you much because the amount you take will start incurring interest immediately and you will be charged for an international cash advance. Each has its own advantage.
However, they have very low withdrawal limit and for each withdrawal you have to pay fees both to your bank institute at home and to the Vietnamese bank. Most ATM's have a limit of 2,,d for each withdrawal and a daily limit of 20,,d your own bank may have a daily limit of another amount. If you need a lot of cash, you need to make multiple withdrawals. Cash advances for larger amounts of dong and US dollars can be arranged over the counter during office hours.
The transaction fee varies from bank to bank. Most banks will charge a fee of 50,d per transaction on ATM. Some large hotels and restaurants in large cities accept the most common credit card like Visa, MasterCard and JCB cards. However, in many instances, credit card is not an available payment option or may not be a cost-effective option.
On one hand, there are many places do not accept American Express, Diners International or other credit cards. Travellers cheques are easy to keep but you might have difficulty in finding banks to cash them.
Almost every big city has several banks, and with exchange you should not have a problem. Opening hours are usually from 8 to 16 hours there is a lunch break of about 1. VietinBank — www. Cash dispensers are widespread in almost every major town. Most of cash dispensers accept Visa, Mastercard, Cirrus, Maestro credit cards. Keep some cash together , you never know what might happen.
Especially in remote mountainous areas and small towns you do not find a bank or a cash machine. Vietnam, however, recently very variable and ATM network expands. Be careful when you are changing the money in different markets. Make sure how much and which type of money you pay. It is widely known trick when the clerk receives the money, he tells you that he can not change it and wants less money.
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