Should We Bring Icelandic Krona Or Just Use A Credit Card?

Should we bring Icelandic Krona or just use a credit card? It is not necessary to exchange much currency. You may use a little for toilets, or an ice cream, but most every place accepts credit cards. For more information regarding this subject, click here.

Icelandic Krona or just use a credit card? Icelandic businesses will not accept cash krona from other Scandinavian countries and will also not accept euros or U.S. dollars. Because of this, it's most convenient for travelers to simply pay with a credit card or debit card everywhere they travel throughout Iceland.

Icelanders love credit and debit cards, and will commonly whip one out just to buy an ice cream. Most shops and tourist establishments accept credit cards; you can even charge a taxi ride. Visa and MasterCard are the most widely accepted, while American Express and Diner's Club are not nearly as useful.

Credit and debit cards are very common forms of payment for people who travel to Iceland. In fact, locals rarely use cash since most merchants accept credit and debit cards even for small purchases. Travellers cheques, though less common, are also accepted at banks and major hotels or tourist centres.

As we have already touched upon, Iceland is a relatively cashless country, but it is always wise to carry around some króna in cash form. There are plenty of ATMs in Reykjavík and several at Keflavík Airport for you to withdraw the local Icelandic currency.