Currency & Payment
Exchange rates fluctuate daily. Check current rates locally.
Local Currency Overview
Currency type, banknotes, and coin denominations
Israel uses the new shekel (ILS, ₪), also written NIS, divided into 100 agorot. Coins and banknotes are widely used, though card and mobile payments are very common in cities like Jerusalem and Tel Aviv. Keep some small change handy for markets, small shops and tips.
- Currency
- New shekel (ILS, ₪ / NIS)
- Subunit
- 100 agorot
- Note
- Cards common; carry some cash
- The symbol ₪ and the abbreviation NIS are both widely used
- Small change is handy for markets and small shops
Currency Exchange Tips
Best places and methods to exchange money
You can exchange money at banks and the many change bureaus (money changers) found in cities, which often offer competitive rates without commission. US dollars and euros are the easiest currencies to exchange. ATMs are widespread, so withdrawing shekels directly is usually convenient. Compare rates and avoid airport counters for large amounts.
- Where
- Banks / change bureaus
- Easiest
- USD / EUR
- ATMs
- Widespread
- City change bureaus often give good rates without commission
Credit Card Acceptance
Card brand availability and usage tips
Cards are very widely accepted in Israel, and in cities like Tel Aviv and Jerusalem you can go almost fully cashless. Visa and Mastercard are the most common, and contactless payments are standard. Small stalls, markets and some taxis may prefer cash, so keep a little on hand as a backup.
- Acceptance
- Very widely accepted
- Contactless
- Standard
- Networks
- Visa/Mastercard common
- Small stalls, markets and some taxis may prefer cash
ATM Usage
How to withdraw cash and associated fees
ATMs (kaspomat) are widespread in Israeli cities and dispense shekels, with some also offering US dollars. Bank-operated machines are generally safest and may have lower fees than standalone ones. Watch out for foreign-card fees, and always decline home-currency conversion (DCC) to get the better rate.
- Name
- Kaspomat
- Availability
- Widespread in cities
- Tip
- Decline home-currency conversion
- Check your bank's foreign withdrawal and ATM fees in advance
Mobile & Digital Payments
Digital payment services available locally
Bit is the leading local money-transfer and payment app in Israel, but it requires a local bank account, so visitors generally cannot use it. Instead, rely on contactless cards plus Apple Pay and Google Pay, which are increasingly accepted and work almost everywhere cards do.
- Local app
- Bit (residents only)
- For visitors
- Apple Pay / Google Pay
- Note
- Bit needs a local bank account
- Contactless cards cover almost all situations for tourists
Tipping Culture
Expected tipping amounts and etiquette
Tipping is customary in Israeli restaurants and cafes, with around 12-15% expected for table service. Check whether service is already added to the bill before tipping. Tips are often given in cash even when paying by card. Rounding up is fine for taxis, and small tips are appreciated by hotel staff and guides.
- Restaurant
- ~12-15%
- Check
- Service may be included
- Cash
- Often preferred for tips
- Round up for taxis; small tips for hotel staff and guides
Price Guide
Average costs for meals, transport, and accommodation
Israel is relatively expensive, with Tel Aviv among the priciest cities in the region, especially for dining out and accommodation. You can save with supermarket and market food, street food like falafel and hummus, and by using public transport. Many nature reserves and historic sites charge entry, but walking older neighbourhoods is free.
- Level
- Expensive; Tel Aviv priciest
- Costly
- Dining out, hotels
- Save
- Street food, markets
- Walking older neighbourhoods and markets costs nothing
Tourists can claim a VAT refund on eligible purchases above a minimum amount at participating shops. Ask for a tax-free invoice when you buy, then process the refund at the departure point, usually Ben Gurion Airport. Conditions and a minimum spend apply, and rules may differ for purchases made in certain areas such as Jerusalem, so check the latest details before you travel.
- Who
- Tourists
- How
- Tax-free invoice + processing
- Where
- On departure (e.g. TLV)
- A minimum purchase amount and other conditions apply
- Rules may differ for some areas; check the latest details