Do I Need Cash in Sharm El Sheikh?

If you’re planning a trip to Sharm El Sheikh, one of the most common questions travelers ask is: “Do I need cash?” The answer depends on your travel style, the activities you plan, and the locations you’ll visit. While Sharm El Sheikh is a modern tourist hub in Egypt with many options for card payments, carrying some cash is still essential for a smooth experience. Here’s a detailed guide to help you prepare.

Modern Payment Methods in Sharm El Sheikh

Sharm El Sheikh has developed rapidly as a major tourist destination, especially along Naama Bay, Shark’s Bay, and other popular resort areas. Many hotels, restaurants, shops, and attractions accept international debit and credit cards, including Visa and Mastercard. You can also use mobile payment apps if your bank supports international transactions.

However, smaller shops, local markets (souks), and some taxis may not accept cards. Street vendors, souvenir shops, or small cafes outside the main tourist zones often prefer cash. In these cases, having local currency—Egyptian Pounds (EGP)—is necessary.

How Much Cash Should You Carry?

The amount of cash you should carry depends on your planned activities. For typical tourists staying in resorts and dining in hotels or well-known restaurants, a small amount of cash may suffice—usually around 500–1000 EGP (approximately $15–30 USD). This is usually enough for small purchases like drinks, snacks, tips, or minor souvenirs.

If you plan to explore local markets, take taxis without pre-arranged fares, or visit rural areas outside the main tourist districts, consider carrying more cash. It’s also advisable to have smaller denominations, as vendors may not always have change for larger bills.

Where to Get Cash in Sharm El Sheikh

Sharm El Sheikh is well-equipped with ATMs, banks, and currency exchange offices. Most ATMs accept international cards and provide English language instructions. They are widely available in Naama Bay, the airport, and major hotels.

Currency exchange offices often offer competitive rates, but be cautious of hidden fees or poor rates at small roadside exchanges. It’s best to exchange a moderate amount at your hotel or a reputable exchange office upon arrival. Avoid exchanging money on the street, as scams do exist, though they are rare in major tourist areas.

Cashless Options for Tours and Excursions

Many tour operators in Sharm El Sheikh accept card payments or online bookings, particularly for diving trips, desert safaris, and organized excursions. Paying in advance via credit card or online platforms reduces the need for large amounts of cash. However, some smaller, local tour operators might require cash, so check in advance to avoid surprises.

Tipping Culture in Sharm El Sheikh

Tipping is common in Egypt and is usually done in cash. For hotel staff, guides, taxi drivers, or restaurant servers, small tips are appreciated. Even if you primarily pay by card for your services, it’s wise to carry a small amount of cash specifically for tipping. Typical tips range from 5–20 EGP for small services and 50–100 EGP for guides or drivers on full-day excursions.

Emergency Cash

It’s always smart to have some emergency cash in USD or Euros, which are widely accepted in tourist areas if you run out of Egyptian Pounds. Keep this in a separate location from your main wallet for safety.