Travel money guide to Serbia | finder.com

Travel money guide: Serbia

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A guide on using your money in Serbia

Serbia is home to mountains, monasteries, vampires (well, maybe), raspberries and an edgy nightlife scene. This Balkan nation is a growing destination for tourists, but remember your cash. Serbians rely on cash, more so than other countries in Western Europe. Visa and Mastercard credit cards are accepted by merchants and at ATMs. And you’ll find banking services in Belgrade and other large cities are modern and safe — however, you may have problems using your cards for purchases and ATMs outside the big cities.

You’ll get a lot for your US dollar against the Serbian dinar (RSD). To help you get the most from your travel, we compare products you can use to spend in RSD without paying international transaction fees.

Compare travel cards for Serbia

Updated December 15th, 2018
Name Product Currency Conversion Fee Annual Fee APR (Annual Percentage Rate) for Purchases
None
$0 annual fee for the first year ($95 thereafter)
17.99% to 24.99% variable
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
None
$450
17.99% to 24.99% variable
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
None
$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
None
$250
See Rates & Fees
50,000 bonus Membership Rewards® Points when you spend $2,000 in the first 3 months Rates & Fees
None
$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
None
$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
None
$0 annual fee for the first year ($89 thereafter)
17.99%, 21.99% or 24.99% variable
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days.
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
None
$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
$0
14.99%, 18.99% or 24.99% variable
Earn unlimited 1.5% cash rewards on purchases. See Rates and Fees.
None
$495
16.99% variable
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
13.99% variable
A low, variable APR on purchases, balance transfers and cash advances.
None
$0
16.99% to 24.99% variable
Earn 25,000 online bonus points after spending $1,000 within the first 90 days from account opening.

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.

    How much dinars do I need to bring to Serbia?

    Travel to Serbia and the Balkans is cheaper than most countries in Western Europe. Budget travelers can find food, entertainment and a dorm bed for under $15 a day. Mid-range travelers can travel for under $30 a day, and luxury travelers can live it up for under $80 a day.

    Belgrade Budget Mid-range Expensive
    to-sleep Hostel dorm bed:
    $4–$10 per night
    3 star hotel:
    $10 per night
    5 star hotel:
    $20–$50 per night
    to-eat Lunch at a small Serbian grill:
    $3–$6 per item
    Lunch at a pizza & pasta restaurant in the city:
    $5–$10 per dish
    Fine dining. 5 star restaurant:
    $15–$20 per main
    to-see Downtown Belgrade walking tour:
    Free
    Section 1 seats for the opera at the Serbian National Theatre, Belgrade:
    $15
    Private guided food tour:
    $150 per person

    *Prices are approximate and are subject to change.

    Exchange rate history

    The USD has grown significantly against the RSD in the past 10 years. Watch the forex markets and determine a good time to buy dinars and lock in a favorable rate with traveler’s checks.

    Compare money transfers to Serbia

    Travel card, debit card or credit card?

    Most major credit cards are accepted at merchants in major cities like Belgrade. And you’ll easily find ATMs that support both credit card debit cards. However, once you leave the big cities be sure you have cash on hand. You won’t always find vendors that take credit.

    Wait until you arrive in Serbia to exchange your USD. Exchange companies in the US charge high commission, taking a cut of what could go a long way in Serbia. You’ll find exchanges at the airport and in the cities or in banks — all offering about the same rate.

    There are no travel cards that support Serbian dinars. If you’re traveling though Europe using your travel card, be sure to find one that waives the currency conversion fee when you spend in dinars.

    A quick summary of travel money options for Serbia

    Travel money option Pros Cons
    Prepaid travel money cards
    • Lock in exchange rates
    • Convenience to spend money overseas
    • Additional cards available
    • Doesn’t hold Serbian dinars
    • Comes with lots of fees for loading and reloading, inactivity and ATM withdrawals
    • Exchange rates are lower than credit cards and debit cards
    Debit cards
    • Can be used at ATMs and over the counter
    • Waived currency conversion fees for purchases
    • Waived overseas ATM withdrawal fees
    • No access to cash advance
    Credit cards
    • Rewards program and travel insurance
    • Waived international ATM and conversion fees
    • Interest-free days on purchases
    • Fees and interest for cash withdrawal
    Traveler’s checks
    • Accepted at most banks
    • Security
    • Fees for purchasing and cashing
    • Hard to find merchants that accept them
    Cash
    • Accepted anywhere
    • Convenient
    • More difficult to manage expenses
    • High risk of theft

    How cards, checks and cash work in Serbia

    Travel prepaid cards

    No travel cards support Serbian dinar, so look for a card which waives the currency conversion fee, such as Travelex if you’re set on taking a travel card. It won’t apply the additional charge for currency conversion when you spend in dinar, which can be higher than what you’d pay if you use your regular debit or credit card. The compromise is it charges you to use an international ATM withdrawal in Serbia, which is a couple of dollars for each withdrawal. You can load these cards with euros to use at some merchants— but don’t count on it. And you won’t get the best exchange rate. The benefit of a prepaid card is that they let you lock in the exchange rate when you load your funds, however they often don’t charge as competitive exchange rates as credit cards and debit cards.

    • Tip: When you get a travel card, you’ll get two for the same account. This comes in handy if your first card is lost or stolen, so make sure to keep the second card in a safe place.

    Debit cards

    A travel debit card lets you spend your own money through ATM withdrawals and making purchases anywhere Visa or Mastercard are accepted. You can use a debit card over the counter and to withdraw money from ATM. Because you’re spending your own money, you avoid interest charges you’d pay with credit cards. The Citibank Plus waives the fee for international ATM withdrawals and doesn’t charge a monthly account keeping fee.

    • Tip: Serbs have been able to make contactless payments for years. So, if your card is a CHIP card, you can tap and go at most merchants.

    Credit cards

    Travel credit cards give you a line of credit to use for emergencies, large purchases or over the counter transactions. Find yourself a credit card that waives foreign transaction fees. Carrying a credit card gives you the added benefit of travel insurance and discounts, depending on your provider. For added savings, take advantage of the interest-free period by paying your balance in full each month.

    Cards that offer travel perks and waive fees often charge an annual fee, so make sure the fee is worth it before you bring it along on your travels. If you’re ever in a jam, credit cards also offer the ease of cash advances, though we don’t recommend it. You’ll pay high fees and interest rates apply the moment you get your money.

    Traveler’s checks

    If you bring traveler’s checks, you can cash American Express and Visa issued checks at most banks. Though, don’t try to use them in store as they won’t accept them. Traveler’s checks have been replaced by credit cards and travel cards.

    Using cash

    Once you arrive in Serbia, look for a bank or exchange office to exchange your dollars for dinar. There are also money exchange machines that are open 24 hours a day. They take eros, sounds and US dollars and exchange up to $200 at a time. Though travel, debit and credit cards are accepted in the cities you’ll likely need cash if you’re shopping at smaller vendors or markets. You will need dinars in Serbia; petrol stations near the borders may take euros at an unfavourable exchange rate.

    • Tip: Avoid carrying large amounts of cash, as tourists are often the target of criminals, especially in big cities.
    • ATMs are common throughout the cities, though availability can be a problem in villages. The local post office may be able to give you a cash advance if you find yourself in an area lacking ATM and banking facilities. Bank ATMs do not charge a local ATM operator fee.

    A guide to the Serbian dinar banknotes

    The official currency in Serbia is the Serbian Dinar RSD and comes in denominations of 10, 20, 50, 100, 200, 500, 1000 and 5000 dinars, each a different color. Be sure to pay the right amount when you make your purchases, and always count your change. Familiarize yourself with what the currency looks like and how it works will avoid confusion when handling your money.

    serbian-banknotes


    Victor and Salome's travel tips to Serbia

    Victor and Salome went to Serbia’s famous EXIT electronic music festival in the Petrovaradin Fortress, Novi Sad, near Belgrade. They’d just come from Hungary and the festival was only a short stop on a longer trip through Europe. They arrived in Belgrade and took a train to Novi Sad. We interviewed them to see what experiences they had using travel money while in Serbia.

    What card did you take with you?

    Victor says he had his BankAmericard Travel Rewards card and Barclaycard Arrival Plus

    Salome says she took the Citibank Plus Debit Card and the Simmons Visa®

    Why did you take these cards?

    Victor paid for their flights using his Barclaycard Arrival Plus card to take advantage of the double reward points on travel purchases in addition to travel accident and trip cancellation insurance. Salome was also covered by the insurance because they are married and are traveling together. The Simmons Visa® is what Salome uses in the US for her day-to-day transactions and pays it in full each month. She likes it because she doesn’t pay an annual fee.

    Where could you use your cards?

    Victor didn’t have any trouble using his credit card when he needed it. He took Salome out to dinner in Belgrade when they arrived and bought some supplies for the festival. They visited Kalemegdan Park to see Belgrade Fortress — Salome says there were lots of stalls selling souvenirs and they only accepted cash.

    What about ATM withdrawals?

    Salome didn’t pay ATM fees when she made a withdrawal from a bank ATMs. She used a Banca Intesa ATM in Belgrade that didn’t charge any withdrawal fees. Her Citi didn’t charge her for currency conversion or an international ATM fee either.

    What’s your travel money recommendation?

    The couple says it’s hard to look further than the Barclaycard Arrival Plus card if you’re conscious about saving money on overseas bank fees.

    Do you have any tips?

    Have a look at the Belgrade Pass. It gives you discounts on admission to museums, discounts on dinner at selected restaurants, hotels, hostels, car rental and a comprehensive city guide for $15, says Victor. Salome adds that you should always tell your bank when you’re leaving the country, otherwise they may block your cards if they see an overseas transaction.

    Buying dinars in the US

    Your options are limited if you want to purchase dinars in the US — wait until you arrive in Serbia. Because dinar is considered exotic currency, they can be hard to find in the US, and the rates and commission is higher than in Serbia.

    Compare travel insurance for your next trip to Serbia

    Details Features
    Atlas Premium
    Atlas Premium
    Comprehensive coverage with higher limits and a range of additional benefits.
    • Trip cancellation: Not available
    • Emergency medical expenses: Up to $2,000,000
    • Baggage coverage: $1,000
    • Trip delay: $200/day up to $400
    Go to site More info
    Travelex Travel Max
    Travelex Travel Max
    The most comprehensive protection plan offered by Travelex. Offers optional Cancel For Any Reason upgrade.
    • Trip cancellation: 100% cost of trip
    • Emergency medical expenses: $100,000
    • Baggage coverage: $2,500
    • Trip delay: $1,000
    Go to site More info
    RoamRight Travel Insurance Essential
    RoamRight Travel Insurance Essential
    Coverage includes trip cancellation insurance, tourist health insurance and baggage insurance.
    • Trip cancellation: 100% cost of trip
    • Emergency medical expenses: $15,000
    • Baggage coverage: $750
    • Trip delay: $100/day up to $500
    Go to site More info
    STA Travel Standard International
    STA Travel Standard International
    Affordable coverage for the essentials needed when traveling outside of your home country.
    • Trip cancellation: Not available
    • Emergency medical expenses: $25,000
    • Medical evacuation & repatriation: $250,000
    • Trip delay: $100/day up to $250
    Go to site More info
    RoamRight Travel Insurance Preferred
    RoamRight Travel Insurance Preferred
    Increased limits of coverage, plus trip interruption insurance worth 150% of the trip cost.
    • Trip cancellation: 100% cost of trip
    • Emergency medical expenses: $50,000
    • Baggage coverage: $1,000
    • Trip delay: $200/day up to $1,000
    Go to site More info
    Travelex Cancel for Any Reason
    Travelex Cancel for Any Reason
    Not 100% sure you're going to make your trip? Cancel For Any Reason upgrade is available with the Travel Select plan.
    • Reimburses up to 75% of the insured trip cost
    • Must cancel within 48 hours before scheduled departure
    • Offered on trips with a maximum value of $10,000
    Go to site More info
    Atlas Travel
    Atlas Travel
    Customizable policy that balances between the basic essentials and premium coverage.
    • Trip cancellation: Not available
    • Emergency medical expenses: Up to $2,000,000
    • Baggage coverage: Up to $500
    • Trip delay: $100/day up to 2 days
    Go to site More info
    Seven Corners Trip Protection Insurance
    Seven Corners Trip Protection Insurance
    Comprehensive coverage for the cost of your trip, your medical expenses and your belongings.
    • Trip cancellation: 100% cost of trip
    • Emergency medical expenses: Up to $250,000
    • Baggage coverage: Up to $2,500
    • Trip delay: Up to $1,500
    Go to site More info
    Travelex Flight Insure Plus
    Travelex Flight Insure Plus
    Choose the coverage amount that meets your needs. Baggage and trip delay protection included.
    • Flight accident AD&D: Up to $1,000,000
    • Emergency medical expenses: $10,000
    • Baggage coverage: $1,000
    • Medical evacuation & repatriation: $100,000
    Go to site More info
    STA Travel Explorer Plus
    STA Travel Explorer Plus
    Premiere coverage for a range of travel mishaps with additional riders for sports and other leisure activities.
    • Trip cancellation: $3,000
    • Emergency medical expenses: Up to $100,000
    • Baggage coverage: $500/item up to $2,500
    • Trip delay: $200/day up to $1,000
    Go to site More info
    Allianz Domestic Travel Insurance
    Allianz Domestic Travel Insurance
    Make sure you're covered in case your planned trip unexpectedly goes awry.
    • Trip cancellation: $1,000
    • Emergency medical expenses: Up to $25,000
    • Baggage coverage: Up to $1,000
    • Trip interruption: Up to $1,500
    Go to site More info
    Allianz International Travel Insurance
    Allianz International Travel Insurance
    Customizable coverage that can give you peace of mind when traveling to popular or remote destinations.
    • Trip cancellation: $1,000
    • Emergency medical expenses: Up to $50,000
    • Baggage coverage: Up to $2,000
    • Trip interruption: Up to $1,500
    Go to site More info

    Find out more about international travel insurance

    Choose a combination of travel money options

    Pick a variety of ways to access and spend your money while you’re in Serbia so that you have options. A credit card is a convenient line of credit you can use on your vacation, while a debit or prepaid travel card is a good option when you want to make ATM withdrawals.

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    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.

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