Hogeschool van Amsterdam

Summer School

Financial matters

How to get around financially

You may want to bring some cash for the first day or so. But how to get around financially in the Netherlands?


The Netherlands uses the euro (EUR of €). Euros come in both coins (€1 and €2, and various cents) and notes (€5, €10, €20, €50, €100, €200 and €500).

Paying methods

Paying in cash is still common, but most shops and restaurants do not accept €200 or €500 notes. Debit and credit cards are becoming more standard as a payment method for amounts above €15.

You can withdraw money from a geldautomaat or cash dispenser using a foreign bank card (provided it has a Cirrus logo) or credit card. The most common is the yellow Geldmaat. Some ABN AMRO cash machines also accept cards bearing the PLUS logo. Also check your card and the machine for EDC, EC and Maestro logos. Withdrawing money on a credit card overseas can incur additional fees. ATM's are mainly found at every bank, in railway stations and other public areas.

All the major credit cards are widely accepted, but paying by credit card is not very common in the Netherlands, especially for small transactions. If in doubt, ask in advance. Cash-on-card services are available for selected American Express, Diners Club, MasterCard and Visa cards. All GWK Travelex currency exchange offices also accept these cards. It is not unusual to be asked for a matching ID when paying with a credit card in shops or restaurants, and you will also likely be asked to enter the card's PIN.


Service is always included. However, tipping is common in restaurants and in bars. As a guideline, a tip of 5-10% is acceptable.

Published by  AUAS Summer School 8 December 2020

Student experiences 2018