Bali, the "Island of the Gods," is a paradise for travelers. But before you get swept away by the stunning scenery and vibrant culture, it’s important to consider how you’ll manage your money.
Cash is King (But Not the Whole Kingdom)
The Indonesian Rupiah (IDR) is the official currency in Bali. While credit cards and digital payments are becoming more common, cash is still widely accepted, especially by smaller vendors and for everyday purchases.
Here’s what you need to know about using cash in Bali:
- Exchanging Money: Money changers are plentiful, especially in tourist areas. Look for shops with competitive rates and avoid those offering suspiciously high exchange rates.
- Bring a Mix of Denominations: Having a good mix of small bills (like 20,000 IDR and 50,000 IDR) will be helpful for taxis, street food, and smaller purchases.
Credit Cards: Convenience with Caveats
Many hotels, restaurants, and larger shops accept credit cards (Visa and Mastercard are most widely accepted). Here are some things to keep in mind:
- Surcharges: Some establishments may add a surcharge for credit card transactions.
- Inform Your Bank: Let your bank know you’ll be traveling to Bali to avoid any issues with using your card overseas.
Going Cashless: A Glimpse into the Future
Digital wallets and QR code payments are becoming increasingly popular in Indonesia. However, as a tourist, you likely won’t have access to these local payment methods.
The Bottom Line: A Balanced Approach
For a stress-free trip, it’s wise to carry a combination of cash and credit cards. Cash will be your go-to for most everyday purchases, while your credit card can be a backup for larger expenses or situations where cash isn’t accepted.
Bonus Tip: Always ask about payment options before you order or commit to a purchase. This will help you avoid any surprises and ensure a smooth and enjoyable Balinese experience.
