Should I exchange my dollars here for Euros or someone told me to use my credit card there or ATMs there?

Question

I am going to Ireland next month

Answer 1

Two-part answer:

Generally speaking you will get a better exchange rate for your money by using an ATM once you arrive. Your U.S. bank card will work just fine -- you have to, however, look at the network symbols on the back of your card and match them with the local bank in Ireland.

If, on the other hand, you are arriving late and night or need cash for a taxi or bus when immediately, you might want to take $30 in Euros with you. (Sometimes, if you arrive late at night all the exchange windows at the airport are closed.)
If you're arriving in the day time, you should be fine using an ATM when you land.

Answer 2

Banks normally have two exchange rates - one for actually handling cash and one for exchanges "on the paper" which is a little bit better.
When handling cash you get the worse rate plus you have to pay some handling fees or commissions.
When using your bank card with an ATM you should get the better rate and there is no handling fee.
When using your credit card for cash credit card companies normally also ask a certain amount (when you pay for goods with a credit card the commission is deducted from what the seller receives as this is not possible with cash they charge you. As there are minimum charges getting cash with the credit card can be rather costly with small amounts.
Access to cash machines should be possible at the airport as long as the airport is open as the machines are in the public areas of the airport not inside the bank booths.
If in doubt ask with your bank - they should have all the details and recommend the cheapest method for you.

Answer 3

The only place you're likely to get a reasonable cash exchange rate is an international bank, so you're likely to be at the mercy of those who charge a substantial premium at the airport or elsewhere. For the most part, you're best off using your cards (credit for purchases and ATM for cash), since they tend to deal with international exchanges on a daily basis and can provide a more favorable rate to their customers.

Answer 4

If I were you I would took some Euros before I get there. You can use your credit card but maybe your bank will charge you extra for that. Check with your credit card company

Answer 5

I would check with your bank and see if there is a certain bank they use as an affiliate in Ireland. As some banks do not accept all ATM cards. I found I can use my card as a credit card, but not as a debit card.