Date: April 16, 2025 By George Theodosakis Categories: Tips No comments

Santorini Cashpoints: What Travelers Need to Know

When visiting Greece—and the stunning island of Santorini in particular—knowing where to find reliable cashpoints can make your trip much smoother. While credit and debit cards are widely accepted, paying in cash often earns you better deals, especially at small businesses, family-run tavernas, and local shops. However, not all ATMs are equal. In this guide, we’ll highlight the difference between trustworthy and less favorable cashpoints, tips on what to avoid, and how to get the most value from your money while exploring Santorini and the rest of Greece.

Why Using Cash Makes Sense in Santorini (and Greece in General)

Even though Greece has a modern banking system, cash remains essential—particularly in smaller towns, villages, and islands like Santorini. Here’s why: Better Deals: Many restaurants and shops offer lower prices or discounts for cash payments, helping them avoid card fees and sometimes even taxes. More Reliable: While most places have card machines, connectivity issues or technical problems can make them unusable, especially in remote areas. Convenience for Tips and Transport: Tipping is much easier in cash, and many taxis or local drivers either prefer or only accept cash payments.

Good Cashpoints (ATMs): Use These

When withdrawing money in Santorini—or anywhere in Greece—your best bet is to stick with ATMs operated by official Greek banks. These are more transparent, safer, and charge lower fees compared to third-party machines.

Here are the main Greek banks to look out for:

National Bank of Greece (NBG)
Piraeus Bank
Eurobank
Alpha Bank

✅ Why Use These?

Lower or standard withdrawal fees
More favorable exchange rates
Transparent transaction process
Secure and reliable
Better maintained and usually located in visible, safe areas

You can find these ATMs in major towns like Fira, Oia, Kamari, and Perissa, as well as near airports and ports.

Quick Tips for Withdrawing Cash in Greece

Always withdraw Euros, not your home currency, to avoid Dynamic Currency Conversion fees. Decline any on-screen “conversion offers”—they usually come with poor exchange rates. Withdraw larger amounts at once to minimize multiple ATM fees. Use debit cards that reimburse ATM fees when possible; some travel-friendly cards offer this benefit. Cashpoints to Avoid Not all ATMs are created equal. One type to watch out for: 🚫 Euronet ATMs – Common in tourist-heavy areas, these machines often charge high withdrawal fees and offer less favorable exchange rates.

Final Thoughts: Manage Your Money Wisely in Santorini

Santorini is a magical destination, and being smart with your money can make your trip even more enjoyable. Whether you’re picking up souvenirs, dining at a cliffside taverna, or tipping a local driver, having cash on hand gives you both convenience and potential savings. Use official bank ATMs, steer clear of high-fee Euronet machines, and take advantage of the benefits that cash payments provide throughout Greece. Wishing you safe travels and an unforgettable Santorini experience!