Bali Payment Hacks: Cash, Card, or E-wallet? Your Essential Guide

When you’re planning your trip to Bali, you might be wondering what the deal is with money. Should you bring cash, use your credit card, or get an e-wallet? Don’t worry, We’ve got you covered! In this guide, we’ll break down the pros and cons of each payment method so you can decide what’s best for you.

Key Takeaways

• Cash is the traditional payment method in Bali and is widely accepted.
• Card payments are convenient and widely accepted in Bali, especially in tourist areas.
• E-wallets are an emerging trend in Bali, offering a convenient and cashless payment option.
• When using cash, card, or e-wallet in Bali, it’s important to be mindful of safety and security considerations.
• Travelers should make informed choices about the best payment method for their Bali trip, considering factors such as convenience, acceptance, and security.

Cash: The Traditional Payment Method

Bali is a state of Indonesia, where Rupiah is the currency. Where we mention about cash, we mention the Rupiah. Cash is the most traditional and widely used payment method in Bali. While many establishments, especially in tourist areas, accept credit and debit cards, cash is still king in many parts of the island. It’s essential to have cash on hand for small purchases, street vendors, and local markets where card payments may not be accepted.

In Bali, using cash can also help you negotiate better prices, especially when shopping at local markets or dealing with independent vendors. However, it’s important to note that carrying large amounts of cash can pose a security risk, so it’s advisable to only withdraw what you need and use a secure money belt or wallet to keep your cash safe while exploring the island.

Also Tourists visiting Bali can only bring up to 100 million rupiah equivalent in foreign currency (approximately US $6,500) without declaring it at customs. Any amount exceeding the IDR 100 million limit (approximately $6,500 USD) must be declared upon entry or exit from Bali.

On the other hand, some travelers may find it inconvenient to constantly withdraw and carry large amounts of cash, especially for larger purchases or hotel bookings. Additionally, using cash means you’ll need to exchange your currency for Indonesian Rupiah (IDR), which may involve fees and less favorable exchange rates.

While ATMs are widely available in tourist areas and major cities, it’s important to be mindful of potential ATM fees and use ATMs located in secure and well-lit areas to avoid any security concerns. Overall, while cash is a widely accepted payment method in Bali, it’s important to consider the convenience, security, and potential fees associated with using cash during your trip.

Card: The Convenient and Widely Accepted Option

Credit and debit cards are widely accepted in larger establishments such as hotels, restaurants, and retail stores in Bali. Using a card for payments can be convenient and offer additional security features such as fraud protection and the ability to track your expenses. Many travelers prefer using cards for larger purchases or hotel bookings to avoid carrying large amounts of cash and take advantage of any rewards or points offered by their card issuer. Additionally, using a card means you won’t have to worry about exchanging currency or dealing with potential fees associated with cash withdrawals.

However, it’s important to note that while cards are widely accepted in tourist areas and major cities, smaller establishments, street vendors, and local markets may only accept cash. It’s advisable to carry some cash for these situations and use your card for larger purchases or in establishments that prominently display card logos. Additionally, it’s important to notify your card issuer of your travel plans to avoid any potential issues with using your card abroad. While using a card can offer convenience and security, it’s important to be mindful of any foreign transaction fees or currency conversion fees that may apply to your card transactions in Bali.

What’s the best card to be used in Bali?

This is the most common question asked in any facebook groups. The best card to be used in Bali is your own card. But, there are fees and fees when you want to take cash. From what we’ve seen by the experiences of tourists in Bali, the best card to be used in Bali is the Wise card. (We are not sponsoring or related to them).

One member mentioned that the advantage of a Wise card is that you can isolate it from your main bank accounts and just transfer money in as you need it. That way if you lose your physical card you’re not stuck trying to contact your home bank. With Wise you can free the card if such case happen.

Also with Wise you get free fee Cash withdrawal of USD350. So you will save more than using your bank account card.

E-wallet: The Emerging Trend in Bali

E-wallets have been gaining popularity in Bali as an alternative payment method, especially among tech-savvy travelers and digital nomads. E-wallets such as GoPay, OVO, and LinkAja are widely accepted in various establishments including restaurants, cafes, and even street vendors. Using an e-wallet can offer convenience, especially for smaller transactions and everyday expenses such as dining, transportation, and shopping. Many e-wallets also offer promotions, discounts, and cashback rewards for users, making them an attractive option for budget-conscious travelers.

Please note that for tourists/foreigners, using E-Wallet from GoPay, OVO, or LinkAja, you need an Indonesia SIM Card to register. Topping up the e-wallet will be easier as well if you already have local bank account. Otherwise, use card for such transaction and use cash transaction in local vendors.

Tips for Using Cash, Card, and E-wallet in Bali

When navigating the payment landscape in Bali, it’s important to consider the following tips for using cash, card, and e-wallets:

• Carry a mix of payment methods: Having a mix of cash, card, and e-wallet options will ensure that you’re prepared for various payment scenarios during your trip. While cash is essential for smaller purchases and local markets, cards and e-wallets can offer convenience for larger transactions and everyday expenses.
• Notify your bank or card issuer: Before traveling to Bali, it’s important to notify your bank or card issuer of your travel plans to avoid any potential issues with using your card abroad. This will help prevent any unexpected card declines or security alerts while making transactions in Bali.
• Be mindful of fees: Whether you’re using cash at ATMs, making card transactions, or topping up your e-wallet balance, it’s important to be mindful of any potential fees associated with each payment method. This includes foreign transaction fees, ATM withdrawal fees, currency conversion fees, and any additional charges imposed by your card issuer or e-wallet provider.
• Keep security in mind: Regardless of the payment method you choose, it’s important to prioritize security when making transactions in Bali. This includes using secure ATMs, keeping your cash and cards safe at all times, and being cautious when using e-wallets on your smartphone to prevent any potential security risks.

Making Informed Choices: Finding the Best Payment Method for Your Bali Trip

If you value convenience and additional security features, using a card for larger transactions may be the best option for you. However, having some cash on hand will ensure that you’re prepared for situations where cards may not be accepted. If you prefer a cashless experience with added rewards and promotions, using an e-wallet can offer a seamless way to make transactions while exploring Bali.

Ultimately, having a mix of payment methods including cash, card, and e-wallet options will provide you with flexibility and peace of mind during your Bali trip. By considering the tips for using each payment method and prioritizing safety and security considerations, you can navigate the payment landscape in Bali with confidence and enjoy a hassle-free experience while exploring this beautiful island destination.

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