Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Using a credit card in the Czech Republic
You can use a credit card almost anywhere in Prague and other Czech cities.
Credit cards are widely accepted in the Czech Republic. Visa and Mastercard are the most popular, but American Express is widely accepted as well. Although you can usually pay with credit card for most purchases, it’s still a good idea to carry at least some cash on you at all times.
Compare credit cards for use in the Czech Republic
What credit cards can I use in the Czech Republic?
As expected, Visa and Mastercard have the highest rate of acceptance – but American Express doesn’t lag far behind, especially in large cities like Prague.
Although you should avoid withdrawing cash from an ATM using your credit card, look for ATMs of Euronet and Komercni Banka for Amex cards. That said, Euronet ATMs usually have higher fees and should be avoided if possible – even when using a debit card to withdraw cash. It’s much cheaper to withdraw from a bank branded ATM.
Potential credit card fees in the Czech Republic
You should always keep an eye on credit card fees, especially when travelling overseas.
- Foreign transaction fees. Most credit cards issued in Canada come with foreign transaction fees of 2.5%. You’ll need to pay this fee every time you use your credit card outside of Canada. Fortunately, there are a few credit cards that charge no foreign transaction fees.
- Currency conversion fees. If someone gives you the choice of paying in Canadian dollars or koruna with your credit card, always choose the local currency of koruna. Paying in CAD with your card will subject you to a dynamic currency conversion (DCC) that can lead to poor exchange rates and currency conversion fees. Pay in koruna and let your bank do the currency conversion.
- Cash advance fees. If you use your credit card to withdraw money from an ATM, you’ll face a cash advance fee as well as the cash advance interest rate, which is usually charged from the day you withdraw the funds. To avoid the high APR, use your debit card to withdraw funds from an ATM.
- ATM fees. Even using your debit card to withdraw funds from an ATM will likely have you facing an ATM fee. To avoid this fee, use a debit card issued by a bank that’s a member of an international ATM alliance, such as Scotiabank.
Can I avoid all of these fees?
Yes, here’s how:
- Apply for a no foreign transaction fee credit card to avoid this fee.
- Avoid conversion fees by always paying in the local currency of koruna.
- Avoid the high cash advance APR by using your debit card – instead of your credit card – to withdraw cash from an ATM.
- To skirt around ATM fees, you’ll need to use a debit card from a bank that belongs to an international ATM alliance – plus you’ll need to stick to ATMs that belong to that network.
ATMs in the Czech Republic
ATMs are easy to find in the Czech Republic. Although credit cards are widely accepted, you should keep at least some cash on you at all times to pay for small items like coffee, snacks, vendors, souvenirs, transportation and other little purchases.
Should I use my credit card to get cash?
No, avoid using your credit card to get cash from an ATM at all costs. You’ll end up paying a cash advance fee as well as interest, which will start adding up from the day of the transaction. If you need to withdraw cash from an ATM, use your debit card.
Do taxis in Prague accept credit cards?
A large number of taxis in Prague accept credit cards, but not all do – you’ll want to ask before you get in. You can also call an Uber to pay for a ride through the app, where you can use a credit card.
Is it safe to use my credit card in the Czech Republic?
Using your credit card in the Czech Republic is safe, although you’ll need to exercise at least the same level of caution as you would anywhere else.
- Protect your PIN. Don’t write your PIN down anywhere. When entering your PIN, use the other hand to hide it from hidden cameras and onlookers.
- Select ATMs carefully. Use ATMs found in banks, shopping centres and otherwise busy areas. Avoid ones in isolated areas or unsafe districts.
- Keep an eye out for skimmers. If you feel that the card slot is not as smooth as it should be or if you think there’s a problem with the keypad, cancel your transaction and use a different ATM. Someone might have installed a card skimmer on the machine.
- Keep your card physically safe. Instances of pickpocketing and theft are common in areas frequented by tourists. Take extra care when venturing out after dark and always keep a close eye on your wallet or purse when on the streets or on public transportation. If you’re out partying, never leave your wallet or purse on the floor or at a table.
How to prepare before travelling to the Czech Republic
- Carry at least two credit cards. Ideally, take at least two credit cards with you, with at least one being a Visa or Mastercard. That way, you can avoid being left without money if your primary credit card is lost or stolen or if a merchant doesn’t accept Amex. That said, American Express has a high acceptance rate in the Czech Republic compared to other European nations.
- Think about foreign transaction fees. Paying foreign transaction fees does not make sense when you can find cards that charge no foreign transaction fees. For each transaction, you’ll save yourself 2.5%.
- Inform your bank. Banks monitor accounts to minimize fraudulent transactions. If your bank sees an unexpected purchase made in Prague or elsewhere in the Czech Republic, it will have a good reason to temporarily block your card. Let your bank know of your travel plans in advance.
- Carry emergency numbers. If your card ends up lost or stolen, you should know which number to call. Write down your credit card providers phone number and carry it on you at all times.
- Know how you’ll get cash. Credit cards are widely accepted in Prague and other major Czech cities, but smaller shops and small towns may have limited credit card acceptance – so you should carry at least some cash on you at all times. Use your debit card to withdraw cash in order to avoid the cash advance interest rate that comes with using a credit card. You can also exchange Canadian dollars for koruna or use travellers’ cheques.
You can avoid unexpected problems by asking yourself these simple questions before you leave for the Czech Republic:
- Which cards should I take? Carry at least one Mastercard or Visa card and have at least two credit cards with you.
- Did I inform my bank? Unless you want to deal with the possibility of a blocked card, inform your bank before you head overseas.
- Will I pay extra fees? Check if your current credit card charges foreign transaction fees. If it does, consider applying for a card that charges no foreign transaction fees.
- Where will I get money from? Use your debit card to withdraw cash from an ATM – avoid using your credit card unless it’s an emergency. You can also consider converting Canadian dollars to koruna or cash in travellers’ cheques.
Using a credit card in …
Frequently asked questions
More guides on Finder
How to buy Coinbase stock in Canada when it goes public
Here’s everything we know so far about the Coinbase IPO.
How to buy Hims (HIMS) stock from Canada when it goes public
Here’s everything we know so far about the Hims IPO.
How to buy Aeva (AEVA) stock from Canada when it goes public
Here’s everything we know so far about the Aeva IPO.
How to buy Affirm (AFRM) stock from Canada
Here’s everything we know so far about the Affirm IPO plus how to buy in from Canada when the stock becomes available.
Tangerine Visa Debit Card Review
Tangerine’s Visa Debit Card comes with unlimited free transactions. It allows users to safely shop online and make purchases while abroad like a credit card wherever Visa is accepted.
TD Access Card Review
The TD Access Card is a widely accepted, flexible debit card with an array of options.
Scotiabank Debit Card Review
Use this versatile Scotiabank Debit Card to earn points and make purchases online.
BMO Debit Card Review
Make easy payments in person and online with this hybrid debit card from BMO.
CIBC Debit Card Review
Earn rewards and make online purchases with this hybrid CIBC debit card.
HSBC Advance Debit Card Review
Sign up for an HSBC Advance Debit Card to get unlimited transactions and free HSBC ATM withdrawals.
Ask an Expert
You must be logged in to post a comment.