Currency

Euro (€)

Daily Costs

Budget: Less than €100

  • Basic digs in a hostel, guesthouse or last-minute deal on resort hotel: €45–60
  • Breakfast in hotel, three-course menú del día lunch: €15–20
  • Bus ticket to nearby towns and beaches: €2–5

Midrange: €100–250

  • Double room in midrange hotel: €75–150
  • Cafe lunch, dinner at local restaurant: €30–40
  • Car rental: from €30 per day

Top end: More than €250

  • Double room in top-end hotel: €150 and up
  • Sit-down lunch and dinner at first-rate restaurant: €80–100
  • Boat tour or guided activity: around €50

Bargaining

The only place haggling skills may be called for, or appropriate, is at markets. Otherwise it's not done. If you want something, be prepared to pay the asking rate.

Money

ATMs are widely available in towns and resorts. Credit cards are accepted in most hotels, restaurants and shops.

ATMs

  • Most debit and credit cards, such as Visa, MasterCard and Cirrus, can be used to withdraw cash from cajeros automáticos (ATMs).
  • ATMs are ubiquitous in towns and major resorts, and accessible 24/7.
  • There is usually a charge (around 1.5% to 2%) on ATM cash withdrawals abroad.

Cash

  • Cash is king for small purchases in Mallorca, and spare change is handy for coffee pit stops and spontaneous market buys.
  • Avoid taking more money to the beach than you need for ice cream, drinks, and sunbed and parasol hire (€10 to €15 per day).
  • Most banks exchange major foreign currencies and offer the best rates. Ask about commissions and take your passport.
  • Exchange bureaux (look for the sign ‘cambio’) tend to open longer hours but usually charge outrageous commissions.

Credit & Debit Cards

  • Credit and debit cards are generally accepted in hotels, with the exception of some rural B&Bs.
  • Small, family-run restaurants and cafes might insist on cash – check before ordering to be on the safe side.
  • Cards can be used to pay for most other purchases. You’ll sometimes be asked to show your passport or some other form of photo ID.
  • Among the most widely accepted cards are Visa, MasterCard, American Express (Amex), Cirrus, Maestro, Plus, Diners Club and JCB.

Exchange Rates

AustraliaA$1€0.70
CanadaC$1€0.69
Japan¥100€0.88
New ZealandNZ$1€0.66
UKUK£1€1.12
USAUS$1€0.92

For current exchange rates, see www.xe.com.

Tipping

  • Hotels Discretionary: porters around €1 per bag and cleaners €2 per day.
  • Cafes and bars Not expected, but you can reward good service by rounding the bill to the nearest euro or two.
  • Restaurants Service charge is included, unless 'servicio no incluido' is specified, but many still leave an extra 5% or so.
  • Taxis Not necessary, but feel free to round up or leave a modest tip, especially for longer journeys.