Advice for Using Money in Niue
Currency and paying your way is an essential aspect of any exotic getaway and the same goes for Niue. What is the best payment method to use in Niue? What are the dos and don’t when it comes to money in Niue? We go through a few handy money tips for Niue in this article!
Before we get into our money tips, bookmark the Niue Travel Budget: How Much Does a Trip to Niue Cost? for its full budget overview or The Travel Guide to Niue on a Budget for more advice.
1. Come with Cash
Although major credit cards and New Zealand debit cards are accepted in many places in Niue (more on that later), cash is the most widely accepted payment method in Niue. The local currency is New Zealand Dollars, so make sure you come to Niue with plenty of New Zealand Dollars in cash to see you through your holiday, as cash withdrawal on the island is limited. For more information, see What is the Currency of Niue?
2. If You’re from New Zealand, Pay with a New Zealand Debit Card
Card-loving Kiwis can rejoice, as many outlets in Niue accept New Zealand debit cards. You don’t have to worry about foreign exchange fees or credit card surcharges, so if you prefer to pay with your card when in Niue, there’s not much reason not to. However, we still recommend having cash available as there are still quite a few businesses that do not have EFTPOS machines. Learn more in Can You Use Your New Zealand Bank Card in Niue?
3. Tell Your Bank You’re Going Overseas
If you do plan to use a debit or credit card in Niue, be sure to tell your bank that you are going overseas. Some banks are known to put security locks on cards when they detect “suspicious activity”, such as transactions overseas.
4. Check that Your Credit Card will be Accepted in Niue
You can forget Diners Club, American Express, Discover or whatever else. The few businesses in Niue that do accept credit card payments only accept MasterCard and Visa. If you have another type of credit card, you’re going to have to consider an alternative payment method for Niue, such as what we list in What is the Best Way to Pay in Niue?
5. Snatching is Not a Concern in Niue
By this point in the article, you’re probably thinking that having plenty of cash for your entire stay in Niue is worth considering. However, for travelling to most countries, this is not advised for obvious security reasons. Niue, on the other hand, is one of the safest countries in terms of crime, where carrying a bulk of cash is not a major risk. As long as you take the usual commonsense precautions and not flash your money around, you should be good. See How to Stay Safe in Niue for more information on crime.
6. Always Check Your Change
As lovely as the locals in Niue are, they are notorious for getting the amount change wrong! Whether it’s too much or too little, there have been several instances when the Niue Pocket Guide team have received the wrong change when paying cash. We recommend always checking that you’ve received the right amount of change before chucking the coins into your wallet.
7. Don’t Bring Traveller’s Cheques
For those of you still using traveller’s cheques, don’t bother with such in Niue. There is nowhere in Niue that you can redeem them, even at the bank. Consider one of the alternative payment methods for Niue.
8. Know Where You Can Withdraw Cash
There are no ATMs in Niue. If you need to withdraw extra cash while on the island, you will have to use the cashout (cashback) services of one of the local supermarkets, stores or the bank. You can withdraw New Zealand Dollars at Kiwibank, Swanson Supermarket, Double M, Niue Rentals and the Bond Store. Note that you can only withdraw cash with a MasterCard, Visa or New Zealand debit card.
9. Don’t Expect Many Options for Foreign Exchange
The only place where you can exchange currency in Niue is at Niue Rentals, located in Alofi. Due to the limited options available in Niue, we recommend exchanging to New Zealand Dollars before arriving in Niue.
10. You Can Tip if You Want to
Tipping is not expected in Niue, but it’s always appreciated. Feel free to tip as a gratuity for good service.
11. Be Aware of the Taxes
Taxes will not be a major concern for your holiday in Niue, but it’s always good to be consumer-savvy. There is a Niue Consumer Tax (NCT) on all goods and services in Niue of 12.5%. There is also an NZ$80 Departure Tax for each individual passenger, which is included in your flight ticket. Find out more in Niue Tax Guide for Travellers.