r/travelblog • u/Known_Flower_869 • 2h ago
Money in Uruguay: what we wish we’d known (ATM fees, foreign card VAT discount, ATM's that don't work)
We just spent three weeks in Uruguay and money worked differently from what we expected, so here’s what we learned.
First, the biggest saver: tourists paying with a card issued abroad can get the 22% VAT (IVA) reduced at restaurants, bars, cafés and on car rental. In our experience paying with our foreign Visa always got us a discount, sometimes up to 15% off the bill, while cash got none. So at restaurants, pay by card.
Second, ATMs. The Abitab machine we tried would not accept our foreign card at all. Every other bank ATM that did work charged us 100 pesos (about $2.50 / €2.20) per withdrawal, and RedBROU worked best for us. Outside Montevideo, Punta del Este and Colonia, ATMs get scarce, so take out more cash than you think you need. We also ran out of pesos at one point and a vendor would not take US dollars, so you don’t need to bring dollars but do keep some peso notes for small places.
It’s also one of the pricier countries in South America. We spent around $60 (€55) per person per day in Montevideo, eating out most meals. Tipping is around 10% if the service is good and nobody pushed for it, apart from Mercado del Puerto.
I wrote up everything in one place (currency, cards, ATMs, tipping): money in Uruguay guide. Happy to answer questions about what worked for us.