FOREX GUIDE TO ISLAND HOPPING IN GREECE

Island hopping in practice

Ferry is the main means of transport for island hopping (although shorter domestic flights are possible to some destinations). Boat tickets can be purchased both in advance and on site. Although many ferry companies accept cards, cash is a handy addition as payment and sales practices can vary between operators and locations. 

Cards work, cash simplifies

In Greece, the euro (EUR) is used. Cards are widely accepted in hotels, restaurants, shops and larger ferries – especially in Athens, Crete and Santorini. On smaller islands, cash is often the easiest way to pay in taverns, beach bars and restaurants, markets, for sun lounger rental, in taxis and in ports. 

Cards and withdrawals – plan along the way

Larger expenses such as hotels, rental cars and ferry tickets are preferably paid by card. Keep in mind that there is often a currency surcharge when you use your card for purchases, and for everyday expenses on the islands, cash is often both faster and easier. In addition, they work in all situations, for example if an ATM happens to be out of order or empty.  

When withdrawing from ATM abroad, your own bank's withdrawal fee and currency surcharge are often added plus the local bank's and/or ATM's fees. Fees for cash withdrawals have increased in recent years as cash usage decreases/card usage increases.*  

Cash for Local Taxes in Greece

In Greece, a climate or accommodation tax is added to hotels and guesthouses.  The tax is almost always paid on site at check-out, even if the accommodation is prepaid online. The amount varies depending on the standard of the property and the number of stars – from EUR 2 to 15 per room per night during peak season. At smaller homes and family-run guesthouses, the tax is often paid in cash. 

FOREX tips:

Set aside cash for the tax already during your stay to make your departure smoother. 

Tipping in Greece – voluntary but common

Tipping is not mandatory in Greece, but is appreciated in case of good service. It is common to round up the bill at a restaurant or leave about 5-10 %. Taxi rides are often rounded up, and hotel staff or hosts at smaller accommodations sometimes receive a small amount of cash. Cash makes tipping easy and natural. 

DESTINATIONS 

Athens – big city before beach

Athens is the starting point for island hopping in the Cyclades. However, before the ferry departs, it is worth spending some time in the Greek capital. Prices are almost 30% lower than in Stockholm / 40% lower than in Copenhagen / just over 40% lower than in Oslo and here ancient sights and modern city meet with museums, markets and street life. From the ports of Piraeus, Rafina and Lavrio there are frequent ferry connections to the Cyclades and several other archipelagos.

Mykonos – party, beaches and international atmosphere

Known for its intense nightlife, beach clubs and international crowds, Mykonos is a great place to swim, shop, party and spend the night. 

Card payment generally works well in hotels, beach clubs and restaurants. At the same time, cash is handy for taxis, on the beach and for smaller purchases – especially during peak season when the pace is high and the pressure is high.

Paros – beaches, village life and nightlife

Paros with its fine beaches offers both traditional settings and modern hotels, making the island a versatile stop during island hopping. 

Cards are widely accepted, but on beaches, in smaller villages and for local transport, cash is often the most convenient way of payment.

Naxos – large island with variety

Naxos is the largest island of the Cyclades and has a more relaxed pace. If you move beyond the most touristy areas, you get a picture of Greek everyday life. 

Cards work in hotels and larger restaurants, especially in Naxos Town. The longer distances also make cash convenient for buses, taxis, and easier services along the way.

Santorini – iconic and card-friendly island

Santorini is one of Greece's most iconic destinations and a popular stop during an island hopping. Views, white villages and sunsets attract many visitors, especially in high season. 

Cards are widely accepted. However, during periods of high load, networks and card readers can be affected, making cash a good addition.

Ios – younger crowds and beach life

With a lively nightlife, Ios mainly attracts a younger audience. But there are also nice beaches and quieter places. Alternate the party with sun and swimming. 

Cash is widely used in bars and beach dining, especially in the evenings.

Milos – dramatic beaches and slower pace

Milos is known for its rock formations, beaches, and a slower pace. Think nature experiences, swimming and a relaxed atmosphere. 

Please carry cash during the day trip to make the experience smoother. 

Tips for getting more out of your travel fund

• Buy currency before departure 

Be prepared on arrival and avoid ATM withdrawal and currency surcharges for card payments.

• Combining cash and cards 

You are prepared regardless of the place and situation. With FOREX Credit Card, you also avoid currency surcharges. If you are outside the EU/EEA, there is no ATM withdrawal fee.** 

• Avoid ATMs in touristy areas 

The rate is often worse there.

• Always choose local currency (EUR) when paying by card

Avoid paying in SEK, NOK or DKK – it will result in a worse exchange rate. 

• Count on the tourist tax

It is paid separately and often in cash on site at check-out.

 

 * Guaranteeing freedom of payment choice: access to cash in the euro area 
**The local ATM and/or bank fee may apply.