Best travel money option when traveling to Indonesia | finder.com

Travel money guide: Indonesia

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Traveling to Indonesia? Learn about the best way to take your money with you.

When getting ready to head to Indonesia, you might’ve not thought about how you’ll be spending money. Where you go in Indonesia will determine the which option of travel money is best. You shouldn’t have a problem using a credit card in tourist hot spots, like Bali, but plastic is virtually useless in remote areas like Maluku and Papua.

Among your options, travel credit cards and debit cards will allow you to access and spend your funds conveniently in Indonesia.

Compare travel cards for Indonesia

Updated October 22nd, 2018
Name Product Currency Conversion Fee Annual Fee APR (Annual Percentage Rate) for Purchases
$550
None (Charge Card)
Get 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5X points on eligible hotels booked on amextravel.com. Rates & Fees
$250
See Rates & Fees
25,000 bonus Membership Rewards® Points when you spend $2,000 in the first 3 months Rates & Fees
None
$0
13.99% variable
A low, variable APR on purchases, balance transfers and cash advances.
None
$95
17.74% to 26.74% variable
Earn 125,000 Hilton Honors™ Bonus Points after you spend $2,000 or more in purchases with your new Card within the first 3 months of Card Membership. Rates & Fees
$0
17.74% to 26.74% variable
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the Card within your first 3 months of Card Membership. Rates & Fees
$0 annual fee for the first year ($95 thereafter)
17.74% to 26.74% variable
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months. Rates & Fees
$0 annual fee for the first year ($95 thereafter)
17.74% to 26.74% variable
Enjoy a $0 annual fee on the first year and earn up to 2 Starpoints® for every dollar of eligible purchases. Rates & Fees
None
$195
16.99% variable
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
None
$495
16.99% variable
Mastercard Black Card members receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
None
$995
16.99% variable
Earn points every time you spend. Luxury Card enhances your purchasing power by providing you with one (1) point for every one dollar ($1) you spend. Every purchase gets you closer to the rewards you want.
None
$0
16.99% to 24.99% variable
An intro offer rewards cardholders with a $250 value (25,000 online bonus points) after spending $1,000 within the first 90 days of account opening
None
$0 annual fee for the first year ($95 thereafter)
17.74% to 24.74% variable
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
None
$450
17.74% to 24.74% variable
Earn 50,000 BONUS POINTS after spending $4,000 on purchases in the first 3 months from account opening* — that's $750 toward travel when you redeem through Chase Ultimate Rewards®.

Compare up to 4 providers

Promoted
Travelex Money Card

Why we like: Travelex Money Card

Load GBP, EUR, CAD, AUD, JPY or MXN onto this prepaid travel money card and use it at millions of locations worldwide.

  • Not linked to your bank account for safety.
  • Convert currency with a 5.50% Foreign Exchange Fee
  • Contactless payments
  • Reload, withdraw, or replace your card for free.

    What should I budget for my trip to Indonesia?

    Budget (Cheap) Midrange Luxury (High-end)
    to-sleep Simple room
    $15
    Room with air-condition and Wi-Fi
    $30–$70
    Ayana Bali resort
    $815–$1225
    mealfortwo Cheap street meals
    $1
    Average full meal
    $2–$3
    Western food
    $10
    camera Bromo-Tengger-Semeru National Park
    $7
    Mt. Batur hike
    $30–$60
    2-day all-inclusive orangutan trek in Bukit Lawang
    $80

    *Prices are approximate and are subject to change.

    Travel card, credit card or debit cards?

    Whether you’re on a business trip or taking a holiday, it’s good to at least have a couple of ways to access money. Choose a versatile mix like a debit card for regular spending and a credit card for emergencies. Whatever you decide on, you want to have enough Indonesian currency in your pockets when traveling through Indonesia — even if it’s enough for the first couple of days.

    You’re going to need to pay for a visa when you arrive in Indonesia. In places such as Denpasar airport, you have to pay cash, so make sure you have sufficient funds.

    A quick summary of travel money options for Indonesia

    Travel money option Pros Considerations
    Debit cards for travel
    • Access to ATMs
    • Make over the counter purchases
    • Budget is easily managed
    • Currency conversion and international ATM fees
    • No emergency cash
    • No backup cards
    Prepaid travel money cards
    • Protected by PIN & chip
    • Pre-load and secure your exchange rate
    • Accepted worldwide
    • Emergency card replacement and backup cards
    • Local ATM fee
    • Reloading time
    Credit cards for travel
    • Protected by PIN & chip
    • Access to funds up to your credit limit
    • Rewards points on spending, 0% purchases, frequent flyer perks
    • Emergency card replacement
    • High withdrawal and cash advance fees
    • International ATM fees and currency conversion fees
    Traveler’s checks
    • Secure and can be easily replaced if lost or stolen
    • Photo ID needed to cash checks
    • Can be costly with initial purchase charges
    • Limited acceptance
    Cash
    • Flexibility with payments
    • Convenience
    • Difficult to manage expenses
    • Higher risk of theft

    This table is a general summary of the travel money products in the market. Features and benefits can vary between cards.

    Send money to Indonesia

    Back to top

    How the different travel money products work in Indonesia

    Using debit cards

    A debit card is a great travel companion if you can get your hands on one with no international ATM fees. You’ll have easy access to cash and only have to pay the ATM operator fee. When making purchase overseas, most debit cards will charge a 2% to 3% foreign transaction fee.

    Using prepaid travel cards

    There are no travel money cards that allow you to load and spend in Indonesian rupiah. These cards should only really be considered if Indonesia is the first leg of your international holiday. However, due to the lack of support for Indonesian rupiah, the fee structure and exchange rate margin when you load the card with funds makes this an expensive option.

    Using credit cards

    A credit card can be useful when traveling overseas if you plan on making a large purchase that you’ll want to pay off over a couple of months, or for a hotel check-in where a deposit normally is required. Credit cards also give you access to emergency cash and can provide you with benefits like complimentary travel insurance when you charge the cost of your travel ticket to your account.

    However, credit cards can be expensive, especially when it comes withdrawing cash at an ATM. Interest is charged straight away and you’ll pay a cash advance fee.

    Using traveler’s checks

    Traveler’s checks have a some nice security touches to them, but unfortunately they’re dated. Traveler’s checks need ID to be cashed and they can be replaced in a few days if lost or stolen. But, there are fees for purchasing and cashing a check.

    Using cash

    Having cash in Indonesia will prove to be useful as there won’t always be stores and shops that are going to accept credit card payments. In addition to that, many street stands or local vendors will likely be operating a cash-only business. Don’t let yourself get stuck in a rut because you didn’t want to stop at an ATM machine.

    Back to top

    Stephanie’s Bali Beach Holiday


    What cards did you take with you?

    Why did you take these cards with you?

    She used the Capital One 360 debit card to get money from ATMs, without paying a currency conversion fees. The other great thing about her Capital One is that it doesn’t charge for withdrawals at international ATMs.

    Stephanie had her Simmons Visa® as a backup and only used it a couple of times on her trip — she paid the remaining balance of her hotel bill and bought her friends dinner one night. She paid it off before the interest free period was up and didn’t incur any interest charges.

    Did you withdraw from ATMs?

    Stephanie says she withdrew from Indonesian ATMs around the Kuta area. Most ATMs charged a small fee for withdrawing, so she tried to withdraw the maximum each time.

    Were there any places where you had trouble using any of your cards?

    Stephanie said she mainly used cash in Bali. The only times she used her card were at a fancy dinner and major hotel chains.

    What’s your recommendation for the best form of travel money to take to Indonesia?

    Stephanie says that a debit card that waives the international ATM fee and currency conversion fee would be ideal, especially if there are no monthly charge to keep the account open.

    What are your travel money tips for Bali?

    She says do your shopping in the morning. The people who sell things at the markets in Bali will give you a better price in the morning compared to in the afternoon.

    Back to top

    A guide to Indonesian banknotes and coins

    Indonesian currency is in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 denominations — each a different color. Familiarize yourself with the notes before heading there:
    indonesia-banknotes

    Card acceptance

    You’ll see stores and shops with Mastercard and Visa logos throughout Bali and you should be able to use your ATM card there with no problem.

    • Tip: Citibank customers can make free ATM withdrawals using Citibank ATMs in Indonesia.
    Back to top

    Get travel insurance quotes for your holiday in Indonesia

    Indonesia has proved to be a dangerous destination, from the dreaded Bali belly to contaminated alcohol, there are many risks lurking just below the surface. This is why travel insurance is so important. Travel insurance can cover:

    • Cancellations
    • Trip interruption
    • Lost deposits
    • Additional accommodation
    • Personal liability
    • Emergency dental and medical
    Don’t let a hospital stay ruin your holiday. Compare travel insurance for Bali and find the right policy for you.
    Find and compare travel insurance policies for Bali
    Details Features
    Seven Corners Trip Protection Insurance
    Seven Corners Trip Protection Insurance
    Travel with a smile - protect your trip cost, your medical expenses, & your belongings.
    • Emergency Accident & Sickness Medical Expenses up to $250,000
    • Trip Cancellation – 100% of Trip Cost
    • Trip Interruption – up to 150% of Trip Cost
    • Political Evacuation - $20,000
    • Lost, Stolen or Damaged Baggage – up to $2,500
    • Emergency Medical Evacuation – up to $1 million
    Go to site More info
    Travelex Travel Max
    Travelex Travel Max
    TravelEx's most comprehensive protection plan for the comprehensive traveler. Offers optional Cancel For Any Reason upgrade.
    • Trip Cancellation - 100% of Insured Trip Cost
    • Trip Interruption - 150% of Insured Trip Cost
    • Trip Delay - $1000
    • Medical Expense Benefits - $100,000
    Go to site More info
    RoamRight Travel Insurance Essential
    RoamRight Travel Insurance Essential
    RoamRight’s Essential travel insurance package can be broken down into three critical parts: Trip Cancellation insurance, tourist health insurance, and baggage insurance.
    • Cancellation Cover - 100% Cost of Trip
    • Emergency Medical Expenses - $15,000
    • Emergency Evacuation and Repatriation - $150,000
    • Baggage and Personal Effects Cover - $750
    Go to site More info
    STA Travel Standard International
    STA Travel Standard International
    Get affordable cover for the essentials of options with STA's mid-level cover policy. This option will still provide up to $1500 in luggage cover and up to $100,000 in medical cover.
    • Trip Cancellation Cover - 100% of trip cost insured up to $10,000
    • Emergency Medical Expenses Cover - Up to $100,000
    • Baggage and Personal Effects - Up to $1,500
    • Trip Delay - Up to $500
    Go to site More info
    RoamRight Travel Insurance Preferred
    RoamRight Travel Insurance Preferred
    As the name implies, the Preferred package provides coverage for most trips and vacations.
    • Cancellation Cover - 100% Cost of Trip
    • Emergency Accident & Medical Expenses - $50,000
    • Emergency Evacuation and Repatriation - $500,000
    • Accidental Death and Dismemberment - $10,000
    Go to site More info
    Travelex Cancel for Any Reason
    Travelex Cancel for Any Reason
    Cancel For Any reason upgrade available with the Travel Max plan. Cancel for any reason - no questions asked.
    • Reimburses up to 75% of the insured trip cost
    • 100% cover if delayed to departure and loose at least 30%
    Go to site More info
    Atlas Travel
    Atlas Travel
    Provides customizable coverage for specific losses. Cover can be tailored to provide a balance between the basic essentials and premium cover.
    • Illness and Injury Cover - Up to $1 million
    • Emergency Medical Evacuation - Up to $1 million
    • Lost Checked Luggage - Up to $500
    • Travel Delay - $100/day up to 2 days
    Go to site More info
    Atlas Premium
    Atlas Premium
    Provides quality cover for a range of benefits with higher cover limits. Premium plan is perfect for travellers with health concerns looking for total protective cover.
    • Illness and Injury Cover - Up to $2 million
    • Emergency Medical Evacuation - Up to $1 million
    • Lost Checked Luggage - Up to $1,000
    • Travel Delay - $200/day up to 2 days
    Go to site More info
    Travelex Flight Insure Plus
    Travelex Flight Insure Plus
    Provides option to choose between different levels of flight insurance protection.
    • Flight Accident AD&D - Up to $1 Million
    • Baggage - $2,000
    • Medical Expense Benefits - $2,500
    • Medical Evacuation / Repatriation - $25,000
    Go to site More info
    STA Travel Explorer Plus
    STA Travel Explorer Plus
    Get premiere cover for a whole range of options with STA's premium policy. This option will still provide up to $100,000 in medical expense cover and up to $3,000 in cancellation cover.
    • Trip Cancellation Cover - $3,000
    • Emergency Medical Expenses Cover - Up to $100,000
    • Baggage and Personal Effects - Up to $2,500
    • Trip Delay - Up to $1,000
    Go to site More info
    Allianz Domestic Travel Insurance
    Allianz Domestic Travel Insurance
    Allianz Domestic Travel Insurance makes sure you are covered incase your planned trip unexpectedly goes awry.
    • Trip coverage - Depends on plan
    • Baggage coverage - Up to $1,000
    • 24-hour hotline assistance
    • Existing medical coverage - Up to $500,000
    Go to site More info
    Allianz International Travel Insurance
    Allianz International Travel Insurance
    If you frequently travel abroad and want extra coverage in case you get sick, injured, or need to cancel your trip, Allianz International Travel Insurance is the perfect solution.
    • Trip coverage - Depends on plan
    • Baggage coverage - Up to $1,000
    • 24-hour hotline assistance
    • Existing medical coverage - Up to $1,000,000
    Go to site More info
    Back to top

    You might also like:

    Indonesia is a hotspot when it comes to vacation destinations, so do your research and save on those unnecessary fees to your bank.

    Kyle Morgan

    Kyle Morgan is a producer for finder.com who has worked for the USA Today network and Relix magazine, among other publications. He can be found writing about everything from the latest car loan stats to tips on saving money when traveling overseas. He lives in Asbury Park, where he loves exploring new places and sipping on hoppy beer. Oh, and he doesn't discriminate against buffalo wings — grilled or fried are just fine.

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.
    Go to site