💸
    ATM Fee Guide
    🇮🇸

    ATM Fees in Iceland

    Icelandic Króna (ISK) • Updated April 2026

    Iceland is nearly cashless - cards are accepted virtually everywhere including remote areas. ATMs available but rarely needed. One of the easiest countries for card-only travel.

    💡

    Tips for Iceland

    • • Cards accepted literally everywhere
    • • Cash rarely needed
    • • PIN required for all transactions
    • • Iceland is extremely expensive - budget accordingly
    • • Contactless widely available
    ✈️

    Airport tips

    • • Keflavík airport fully card-friendly
    • • ATMs available but unnecessary
    • • No need to exchange money
    🏦

    Don't forget your home bank fees

    The fees shown above are charged by local ATMs. Your home bank may also charge additional fees for international withdrawals (typically 1-3% + a flat fee). Check with your bank before traveling.

    Estimated daily expenses

    How much cash you might need per day in Iceland, per person.

    Your currency:

    Backpacker

    Hostels, street food, public transport

    20,000-39,000 ISK

    ISK/day

    🏨 Accommodation8,000-15,000 ISK
    🍜 Food & drinks4,000-8,000 ISK
    🚌 Transport3,000-6,000 ISK
    🎟️ Activities5,000-10,000 ISK

    ≈ $162-317 USD

    Mid-range

    Hotels, restaurants, mix of transport

    55,000-103,000 ISK

    ISK/day

    🏨 Accommodation25,000-45,000 ISK
    🍜 Food & drinks10,000-18,000 ISK
    🚌 Transport8,000-15,000 ISK
    🎟️ Activities12,000-25,000 ISK

    ≈ $446-836 USD

    Luxury

    Premium hotels, fine dining, private transport

    135,000-270,000 ISK

    ISK/day

    🏨 Accommodation60,000-120,000 ISK
    🍜 Food & drinks25,000-50,000 ISK
    🚌 Transport20,000-40,000 ISK
    🎟️ Activities30,000-60,000 ISK

    ≈ $1,096-2,191 USD

    Cash vs card acceptance

    Where you'll need cash and where cards work in Iceland.

    Credit card acceptance

    Universal

    One of the world's most cashless societies. Cards work everywhere.

    💵

    You'll need cash for

    • • Essentially nothing
    • • Perhaps some small tips
    💳

    Cards usually accepted

    • • Everywhere
    • • Remote gas stations
    • • Food trucks
    • • Public toilets
    • • Farmers markets

    💰 Cheapest banks for foreign cards

    These banks charge the lowest fees for withdrawals with foreign cards.

    BankATM FeeEst. CostBranches
    Landsbankinn150-200 ISK~1.00 USD50
    Íslandsbanki150-200 ISK~1.00 USD40
    Arion Bank150-200 ISK~1.00 USD35

    📍 Most widely available ATMs

    Sorted by number of ATM locations. More branches means easier access, but fees may be higher.

    BankATM FeeEst. CostBranches
    Landsbankinn150-200 ISK~1.00 USD50
    Íslandsbanki150-200 ISK~1.00 USD40
    Arion Bank150-200 ISK~1.00 USD35

    Explore other countries

    🇩🇰 Denmark🇪🇪 Estonia🇫🇴 Faroe Islands🇦🇫 Afghanistan🇦🇱 Albania