Money & Payment
Mallorca is part of Spain and thus the Eurozone — travelers from the DACH region do not need to exchange currency.
Cash
- ATMs (Cajero automatico) are available in every town and at every airport. Preferably use ATMs from Spanish banks (CaixaBank, BBVA, Banco Santander, Bankinter) — they usually do not charge fees at the machine itself
- Beware of the DCC trap: If the ATM asks whether you want to withdraw in euros or another currency, always choose the local currency (Euro) — for DACH travelers, this is already euros, but some ATMs offer a "guaranteed conversion" that hides a worse rate
- You need cash at weekly markets, in small countryside bars, at parking meters, and for tips
Card Payment
- Visa and Mastercard are accepted almost everywhere — even in small restaurants, taxis, and beach chiringuitos
- Contactless payment (Apple Pay, Google Pay) works excellently, Mallorca is very advanced in this regard
- EC card/Girocard: Yes at ATMs, but mostly no for payments in stores — a Visa or Mastercard debit card is a better choice
Costs in Mallorca
Mallorca is no longer a budget destination — prices have noticeably increased in recent years, especially in Palma and along the coast. Benchmarks: Espresso in a bar 1.50–2.50 €, beer 2.50–4 €, Menu del dia (daily meal) 12–18 €, dinner in a good restaurant 30–60 € per person, liter of gasoline about 1.50–1.70 €. In the interior and off-season, everything is 20–30% cheaper.