- Currency
- EUR
Updated July 2026 · Sources cited: fuerteventuraguide.com, fuerteventura.world
Good to know
Good to Know
- Take a small amount of cash with you just in case, despite cards being widely accepted.
- There are two ATMs at Fuerteventura Airport (one in arrivals and the other in departures), both operated by Euronet. Euronet ATMs typically charge fees; consider withdrawing at a bank ATM instead.
- Withdraw larger amounts less often to reduce fees.
- UK-issued Visa and Mastercard debit cards and credit cards are widely accepted in Spain, including at ATMs.
Recommended Banks
Banco Sabadell
- Note
- Most expat-friendly; English-language support; branches throughout Canary Islands including multiple in Fuerteventura; popular Expansión account with no fee if monthly income >€800
BBVA
- Note
- Spain's second-largest bank; excellent mobile app; offers online non-resident accounts
CaixaBank (HolaBank)
- Note
- Specifically designed for non-residents with NIE but not yet empadronados; no empadronamiento certificate needed
Wise / Revolut / N26
- Note
- Digital banks; no NIE required for initial opening; provide Spanish IBAN; useful for immediate arrival needs
Resident Accounts
- Timeline
- 1-5 days after document submission once you have empadronamiento
- Description
- Accounts for those living in Spain with residency status. More favorable terms, lower fees than non-resident accounts.
Requirements
- Valid ID (passport or NIE for foreigners)
- NIE (Número de Identificación de Extranjero)
- Proof of address in Spain
- Proof of income/employment status
Non Resident Accounts
- Timeline
- 1-5 days for account activation; total process 2-3 weeks due to non-resident certificate
- Description
- Available to those without Spanish residency. Some banks offer online opening. Typically carry higher fees than resident accounts.
Requirements
- Valid passport
- Non-resident certificate (from police station, typically 2 weeks, costs ~€15)
- Proof of address outside Spain
- Some banks may require additional documentation
ATM Fees
- To
- €6.00
- Overview
- Banca March are one of the few Spanish Banks that do not charge an ATM fee; others charge up to €6 per transaction.
- Typical Range
- €0.50
- Banks To Avoid
- Euronet ATMs, which typically charge higher fees
Banks With Lower Fees
- Deutsche Bank (often fee-free for foreign cards)
- Banca March (no ATM fees)
- BBVA
- CaixaBank
Currency
EUR
Tipping Norms
- Payment Method
- Even if you pay the main bill by card, it is always better to leave the tip in cash (coins or small bills). This ensures the waiter receives it directly.
- Boats Water Activities
- Tipping is a customary gesture of appreciation on both normal boat rentals and luxury yacht charters in the Canary Islands. For standard boat trips, it's common for the captain or crew to have a tip box available if they accept tips.
Taxis
- Status
- Not mandatory
- Typical Practice
- Tipping taxi drivers is not mandatory; many locals round up to the nearest euro, which is considered polite. If the taxi driver provided exceptional service, a tip of around 10% is appreciated but not expected.
Bars Cafes
- Status
- voluntary
- Typical Practice
- For a quick coffee or a couple of tapas, tipping is rarely expected. If your bill is €4.80, leaving the €0.20 change is a nice gesture but not required.
Hotel Staff
- Housekeeping
- For housekeeping, a tip of 2-5€ per stay is customary depending on the quality of service and length of your stay.
- Bellhops Porters
- Typically, 1-2€ per bag for bellhops is standard.
Restaurants
- Typical Amount Percent
- 5
- Typical Amount Percent Higher
- 10
- Status
- Voluntary appreciated
- Details
- Commonly, a 10% tip on top of your bill is a standard way to show gratitude for good service. This is in addition to the 7% IGIC (Impuesto General Indirecto Canario), a local sales tax.
- Note
- Unlike some places where gratuities are nearly mandatory, tipping in the Canary Islands, including Tenerife, Gran Canaria, Lanzarote, and Fuerteventura, is appreciated but not compulsory.
Card Acceptance
- Status
- Widely accepted
- Details
- You can pay for nearly everything in Fuerteventura with your credit or debit card – and increasingly with Google or Apple Pay.
- No Minimum Spend
- Yes
- Contactless Available
- Yes
Exceptions
- You will most likely have to pay cash for bus travel cards.
- Smaller vendors like food stalls and souvenir shops might prefer cash or might not accept card at all.
Currency Conversion Tips
Currency Conversion Tips
- ATMs typically offer a choice between being charged in euros or pounds using 'dynamic currency conversion'. It is usually cheaper to choose EUR and leave the currency exchange to your own bank.
- Avoid dynamic currency conversion and always pay in the local currency.
- Many people use cards such as Revolut pre-loaded with euros to make sure that they receive a good rate while on holiday.
Important Notes
Branches in capital town (Puerto del Rosario) on smaller islands. Book appointment in advance—walk-in waits can be long during peak season (Oct-Apr). Bring documents in originals AND photocopies. All traditional banks require NIE for full accounts.
AI-generated estimateData refreshed July 2026
Sources cited for this category
These are the sources cited in this money & payments research for this city. Individual figures may not each trace to one of them.
- 1.fuerteventuraguide.com
- 2.fuerteventura.world
- 3.clubcanary.com
- 4.celebritycruises.com
- 5.studycountry.com
- 6.webtenerife.co.uk
- 7.guidetocanaryislands.com
- 8.wise.com
- 9.spanaly.com
- 10.monito.com
- 11.chase.com
- 12.revolut.com
- 13.tradingeconomics.com
- 14.moneyswapp.com
- 15.estatefy.com
- 16.doctorsa.com
- 17.expathelper.es
- 18.propertyguides.com
- 19.immigrationspain.es
- 20.farmaten.com
- 21.arrivalguides.com
- 22.wise.com
More About Fuerteventura
Data last updated July 2026 · Verify anything important.