Cash (Euros) is still widely used in Austria — especially in traditional coffeehouses, for tipping, and small purchases at markets or sausage stands (Würstelstände). Withdrawing cash is usually straightforward, but fees and exchange rates vary sharply by machine.
The local lingo and where to find ATMs
- In Austria, ATMs are called Bankomat or Geldautomat — use these terms when asking for directions or searching a map.
- You will find ATMs at bank branches, shopping centers, train stations, and post offices.
- Bank branches are usually Mon–Fri 8:00–15:00 (Thu until 17:30), often with a lunch break. Vestibule ATMs are open 24/7.
Understanding ATM fees
- Bankomat network (banks) — Erste Bank, Raiffeisen, BAWAG and others often charge no fee for foreign cards. If a fee applies, the machine must show it before dispensing cash — you can then cancel.
- Independent ATMs (Euronet) — common in tourist areas, airports, and shops. Usually high fees (around €1.95 or more per withdrawal). Prefer a real bank ATM.
- Your own bank — even with no Austrian fee, your home bank may add a foreign transaction or out-of-network fee. Travel cards like Revolut or Wise are often cheaper.
The golden rule: avoid DCC
- Some ATMs offer to charge you in your home currency instead of Euros — that is DCC (Dynamic Currency Conversion).
- The machine converts at its own marked-up rate. Always choose “in Euros” or “without conversion.”
- That pushes the conversion through your bank or card network (Visa/Mastercard) at the fair mid-market rate.
Which cards work best?
- Visa & Mastercard — accepted at nearly every ATM.
- Maestro & Cirrus — also universally accepted.
- American Express & Diners Club — at many bank ATMs, but less universally than Visa/Mastercard.
- Cash advances on a credit card are costly (instant interest). Use a debit card where possible.
Tips for a smooth withdrawal
- Look for the Bankomat logo (blue-green “B”) and avoid generic tourist ATMs like Euronet.
- Withdraw larger amounts if your home bank charges a flat fee per transaction.
- Notify your bank before travelling so withdrawals are not flagged as fraud.
- Shield your PIN — skimming and shoulder-surfing can happen in busy tourist centers.