Visiting Israel means balancing culture, history, and real-world expenses. Tel Aviv ranks among the most expensive cities worldwide according to the Economist Intelligence Unit’s global cost of living index (source:https://www.eiu.com). This guide explains how currency works in Israel, where to exchange money, tipping basics, and which payment apps do or do not work. It also outlines the most efficient ways to get around so you can Plan your Trip.
with confidence and avoid unnecessary costs.
Most visitors also plan:
Private Israel Tours |
Tours From Tel Aviv |
Jerusalem Tours |
Christian Tours |
Jewish Tours |
Wine Tours
Tel Aviv was ranked as the most expensive city in the world in The Economist’s report. Read this post and learn how to adjust your finances while visiting Israel.
Can you use Zelle or Venmo in Israel? (No)
No. Zelle and Venmo are exclusively used in North America.
Can you use Cash App in Israel? (No)
No. Cash App is used primarily in North America.
Currency and Exchange Rates
What’s the currency? The official money of Israel is the New Israeli Shekel, often abbreviated to NIS. Denominations of the NIS are varied:
- Coins: 10 agorot, ½ shekel, 1 shekel, 2 shekels, 5 shekels, and 10 shekels.
- Bills: 20 shekels, 50 shekels, 100 shekels, and 200 shekels.
Having small bills on hand when you arrive in Israel is advantageous for tips and small purchases.
Can You Use Foreign Currency in Israel?
While Israel primarily operates with the New Israeli Shekel (NIS), you might wonder if foreign currency is accepted. In main tourist spots, it’s not unusual for places to accept Euros and US Dollars.
However, once you step out of these tourist zones and into local restaurants or shops, you’ll find that they prefer their home currency.
So, while it’s handy to have a few international bills in your pocket, it’s best to have some shekels on hand for a more
authentic, hassle-free experience.
Where can you exchange money?
- Currency exchange bureaus: Typically the best choice due to competitive rates without commissions. You’ll often find these bureaus in major cities and tourist areas.
- Banks: Reliable but with occasional waiting times. It’s worth noting that opening hours may differ from what you’re used to, especially on Fridays and Saturdays.
- Hotels: While they offer convenience, especially for late-night arrivals or sudden needs, they might come with higher fees.
Change Spot in Israel
Credit Cards and ATMs in Israel
In Israel, Visa and Mastercard are widely accepted. While American Express is recognized, it isn’t taken everywhere. This is due to higher commissions imposed on small business owners. Some boutique stores or smaller vendors might prefer cash, so it’s always good to ask beforehand.
It’s crucial to inform your credit card company about your travel plans to Israel to avoid unexpected blocks. Foreign transactions can trigger fraud alerts, so notifying your bank ahead of time makes things smoother.
ATMs are in abundance, from shopping malls to small streets. Bank-affiliated ATMs generally offer better rates. It’s also not uncommon to find ATMs within convenience stores or supermarkets, though those can carry higher commissions.
Tipping in Israel
Israel has a robust tipping culture.
- Restaurants: If service was good, 12-15% is standard. Cash is always preferred, but if you’re looking to charge the tip to your card, make sure to inform them in advance.
- Taxi Drivers: Usually, it’s a matter of rounding up to the nearest ten or adding a few shekels.
- Hotels and Tours: Whether it’s the housekeeping staff, bellboy, or your insightful tour guide, a tip is a pleasant way of showing appreciation.
- Our advice: bring cash from home, in smaller bills of $5, $10, or $20. Service providers will always appreciate this.
Getting Around: Navigating Israel’s Transportation Options
While Israel might be small in size, it has a modern transportation system that helps visitors move around efficiently. Here are the most practical options:
- Taxis: The easiest and most direct way to get from point A to point B. With apps like Gett or Yango, you can order a taxi from almost anywhere in the country. These apps allow card payments and ride tracking.
- Tel Aviv’s Red Line Underground: A major upgrade for getting around Tel Aviv. You can pay for rides using apps like Hop On or Pango.
- Other Public Transportation: Israel’s public network includes buses, shared taxis (sheruts), and trains. It’s efficient, but there is a learning curve. Using English settings in apps helps.
If you want to skip the learning curve entirely, many travelers prefer guided day trips:
Tours from Tel Aviv are a simple way to cover more ground without logistics stress.
Making the Most of Your Money in Israel
Israel can be expensive, but it’s very manageable with a little prep. Bring a small amount of cash, know your tipping habits, and use reliable ATMs and card networks. Then spend the real energy on the fun part: markets, food, history, and views.
Want help turning logistics into a smooth itinerary? Start here:
Private Israel Tours,
or browse
Tours From Tel Aviv
and
Jerusalem Tours.
To book a tour, please use the WhatsApp buttons on the left or contact us.
Frequently Asked Questions (FAQ)
What is the best way to pay in Israel?
Cash and credit cards are both common. Visa and Mastercard work almost everywhere. Small vendors may prefer cash.
Are US Dollars widely accepted?
Only in major tourist zones. Most everyday purchases require NIS.
Should I exchange money before arriving?
It helps to have a small amount of NIS for taxis, tips and snacks. You can exchange or withdraw more once you land. Cheapest are change spots on the streets.
Do I need to notify my bank before using my card in Israel?
Yes. Foreign transactions can trigger fraud alerts, so notify them before flying.
Are ATMs safe in Israel?
Yes. Bank operated ATMs offer the best rates. Avoid small convenience store ATMs with high fees.
How much should I tip in restaurants?
The standard range is 12 to 15 percent. Cash tips are easiest for staff.
Can I pay for taxis by app?
Yes. Gett and Yango allow card payments through the app.
Does public transport accept credit cards?
You pay through transport apps such as Hop On or Pango. You cannot tap a foreign credit card directly on buses or trains.
Is Israel expensive for travelers?
Israel in general and Tel Aviv in particular are considered expensive. Planning ahead reduces costs and surprises.
Which mobile payment apps work in Israel?
International apps like Zelle, Venmo, and Cash App do not work. Local apps usually require an Israeli phone number and bank account.
