Thailand Travel Money Saving Tips

Famous for its amazing food, stunning Islands and friendly people Thailand is a tourist hotspot for Americans in Asia. Read on to find out the best Thailand money saving tips and how to best access your money in Thailand and save on fees and charges.


Thailand Travel Money Saving Tips

Thailand Travel Money Saving Tips:

Purchasing Thai Baht for Travel

Before you buy any money for traveling be sure to do some comparison. This will all but guarantee you a better rate and lower fees.

To check out our money saving tips when buying currency in the US, click here


How Much Cash Should You Take to Thailand?

The currency of Thailand is called Baht, and in each Baht, there is 100 satang. Thailand is a cash-centered country and you should not rely on a credit or debit card to get you by most places. Cash is easier when it comes to taxi drivers or street vendors. So, how much should you bring?

Thailand can be very cheap or very expensive, depending on your lifestyle and personal habits. We’ve put together a small budget list for you to estimate your finances when you visit Thailand:


DAILY BUDGET (Bangkok) Low (<1000B) Mid (1000-3000B) High (>3000B)

300-500B per night

Mid-range hotel

1000 – 3000B per night

Luxury hotel

from 3000B per night

Market / Street food


Average Restaurant

150-350B per person

Fancy Restaurant

350-500B per person


30B (short trip)

Motorcycle rental (125cc)

150-250B a day

Car rental

from 800B a day

*All prices are estimated in Thai Baht


Travel money cards, debit cards or credit cards?

While travelers from the rest of the world have been using prepaid travel cards for years, they are a relatively new phenomenon for Americans.

One handy thing about travel money cards is they allow you to pre-load local currency onto a card before you travel thus avoiding some of the fees and exchange rate hikes.

Some cards have a limit to which currencies can be loaded into them. So be sure to investigate before you make a decision.

The key differences between travel money cards are typically:

  • Reload fees
  • Currency conversion fees
  • Withdrawal fees

Knowing the specifics of each card you are considering can help save you money. If you’re traveling for a long time and will end up taking money out many times, take this into consideration.

If you know you’ll be making a lot of withdrawals, consider the Travelex Cash Passport Card due to its comparatively low withdrawal fees ($2.50 per transaction).  But also be aware this card is going to charge you a 5.5% exchange rate fee and an $3 inactivity fee if the account goes unused.

The MasterCard Prepaid Travel Card has similar fees and allows Thai Baht to be loaded.

Know all these specifics in advance and save money on your next trip to Thailand.


Credit Cards

Credit cards are relatively widely accepted in Thailand. You’ll be able to use them at most businesses in most big cities and also at ATM’s.

Just like money cards, though, the exchange rate you get and the fees you pay can vary widely to be sure to do some checking ahead of time.

Avoid incurring high credit card fees while in Thailand by make sure you are familiar with your issuer’s cash advance policy, the fees involved, and the conversion rate you’re getting.


Debit Cards

If you take money of out a Thai ATM using a debit card from the US (like Chase or Bank of America, for example) be prepared to pay steep fees. ATM fees can average around $5 per transaction which can add up substantially over the course of a vacation or business trip.

To find the best method of accessing money while in Thailand talk to one of our travel money experts at The Currency Shop.

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