Israel Travel Money Guide

See the Holy Land without worrying about your finances with these quick tips and easy solutions on how to best spend money in Israel.

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Spending in Israel is similar to spending at home and card payments are widely accepted. We recommend bringing a debit card for easy tap payments and withdrawals as well as making sure you have some cash on you – especially if you're heading outside of a major city.

Compare travel money options for Israel

In Israel, debit and credit cards are widely accepted and ATMs are readily available in tourist areas, but you will need cash for purchases at smaller shops, restaurants and markets. A good idea is to bring your debit card for regular purchases and to withdraw cash as needed while having a credit card as your backup.

Name Product Foreign currency conversion fee Interest-free period Purchase rate Annual fee
Bankwest Zero Platinum Mastercard
0%
Up to 55 days on purchases
14.99% p.a.
$0
Get 0% p.a. on balance transfers for 26 months (with a 2% BT fee), ​an ongoing $0 annual fee and 0% foreign transaction fees.
Coles Rewards Mastercard
0%
Up to 55 days on purchases
19.99% p.a.
$0 annual fee for the first year ($99 p.a. thereafter)
Get 40,000 bonus Flybuys Points or $200 off a Coles Supermarket shop, a $0 first-year annual fee and a 14-month balance transfer.
Bankwest Breeze Platinum Mastercard
0%
Up to 55 days on purchases
0% p.a. for 15 months, reverts to 9.9% p.a.
$0 annual fee for the first year ($69 p.a. thereafter)
Get 0% interest on purchases and balance transfers for 15 months, a $0 first-year annual fee and no foreign transaction fees.
NAB StraightUp Card
0%
N/A
$0
Save with 0% interest charges and 0% foreign transaction fees. Plus, $0 monthly fees when you don't use the card or carry a balance.
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$
Name Product Card access ATM Withdrawal Fee Monthly Account Fee Internatonal ATM Fee Foreign transaction fee
HSBC Everyday Global Account
Visa
$0
$0
0%
Special offer: $100 cash bonus for new HSBC customers.
Earn 2% cashback on tap and pay purchases (T&C's apply).
Enjoy no minimum ongoing balance or transaction requirements and the flexibility to hold up to 10 currencies. Apple Pay and Google Pay available.

Great Southern Bank Everyday Snap Account
Visa
$0
$4.50
2.95%
Refund of international ATM withdrawal fees and international card transaction fees (conditions apply).
$0 monthly account fee. Unlimited fee-free everyday transactions.
Apple Pay, Google Pay and Samsung Pay available. Savings Top Up tool automatically transfers to linked savings account.
Citi Global Currency Account
Mastercard
$0
$0
0%
Earn up to 0.75% p.a. interest on your AUD balance.
$0 monthly account fee.
Enjoy one linked debit card to hold up to 10 currencies and receive foreign currencies for free.
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Name Product Minimum Order Amount Maximum Order Amount Delivery/Pickup Method Commission Fee
Foreign Xchange Travel Money
$0
$9,999
In Store,Home Delivery
$0
Order multiple currencies in one transaction and have it delivered directly to your door anywhere in Australia. No delivery fee for orders over $1,000. A $10 flat fee applies to orders less than $1,000.
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Name Product Available Currencies ATM Withdrawal Fee Initial Load Fee Reload fee
Cash Passport Platinum Mastercard
AUD,USD,CAD,EUR,GBP,HKD,JPY,NZD,SGD,THB,AED
USD $2.50, EUR €2.50, GBP £2.00, NZD $3.50, THB ฿80.00, CAD $3.50, HKD $18.00, JPY ¥260.00, SGD $3.50, AUD $3.50, AED 10.00
$0
$5
Up to 11 currencies on 1 card locked in exchange rates and no load fees.
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Should I bring a pre-paid travel card, credit card or debit card to Israel?

Travel money optionProsCons
Pre-paid travel money card
  • Accepted worldwide like a credit card
  • Protected by a PIN and a chip
  • Not connected to your bank account's funds should it be stolen
  • Emergency card replacement and back-up cards
  • Exchange rates for the Israeli shekel can't be locked in when loading the card
  • Local ATM fees
Credit card
  • Widely used and accepted worldwide
  • Protected by a PIN and a chip
  • Access to funds up to your credit limit, even if it's not in your transaction account
  • Higher fees for cash advances and withdrawals
  • May have a foreign transaction fee
Debit card
  • Some cards don't charge a fee for ATM withdrawals or foreign transactions
  • Emergency cash facilities
  • ATMs are widely available
  • Subject to currency conversion and international ATM fees
  • Not always accepted at smaller stores, restaurants or markets
  • PINs longer than four digits may not work at ATMs
Cash
  • Greater payment flexibility
  • Convenient
  • Higher risk of theft
  • More difficult to manage expenses

What's the Israeli currency?

The local currency used in Israel is the shekel, which is broken down into 100 agora. Shekel bills come in denominations of 20, 50, 100 or 200. Coins come in denominations of 10 or 50 agorot or 1, 2, 5 or 10 shekels.

Over the last few years, the exchange rate has hovered between 2.6 and 3.2 shekels to 1 Australian dollar.

Today's exchange rate AUD to ILS

Travel money tips for Israel

  • Watch out for shops that advertise "commission-free" shopping. These shops may have a worse exchange rate than one you can find elsewhere.
  • Bring cash if travelling to smaller towns. ATMs aren't as widely available outside major cities such as Tel Aviv, Jerusalem, Nazareth and Haifa.
  • Don't leave it until the last minute to get shekels if you're running low. ATMs in Israel sometimes go down for international connections.
  • You may not have ATM access on Friday/Saturday. ATMs aren't stocked on Shabbat (from sunset on Friday until sunset on Saturday), so most people take money out on Friday, which could leave you without cash if the ATM runs out of money.
  • Avoid using traveller's cheques. They're pricey to cash, and that's if you can even find somewhere to cash them.
  • Exchange or withdraw your money when you get to Israel. You'll most likely find a better rate than you will in Australia. ATMs are available at the airport, so you won't be stranded without cash.

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