How Much Cash to Bring to Japan: Essential Guide for Travelers

Historical Background

Japan has a long-standing tradition of valuing cash transactions. While the rest of the world moves towards cashless payments, Japan maintains its unique approach. This is rooted in cultural practices and historical preferences for tangible transactions. Even though modern advancements have introduced more cashless options, cash remains essential, especially outside major urban centers.

Importance of Cash for Tourists

For tourists, having cash can significantly enhance your experience. Many small businesses, family-run restaurants, and local attractions do not accept credit or debit cards. This means that cash is necessary for fully immersing yourself in the authentic Japanese experience without facing payment obstacles.

Budget Travelers

Budget travelers can manage with ¥8,000 to ¥15,000 per day. This covers basic accommodation, food, transportation, and entry to a few attractions. Keeping a credit card for emergencies is advisable.

Mid-Range Travelers

For mid-range travelers, ¥20,000 to ¥30,000 per day is recommended. This allows for comfortable accommodation, dining at mid-range restaurants, and exploring multiple attractions.

Luxury Travelers

Luxury travelers should consider bringing ¥50,000 or more per day. This budget accommodates high-end dining, premium accommodation, and luxury experiences.

Airports vs. Local Exchange Centers

When you arrive in Japan, you’ll find currency exchange counters at airports, which are incredibly convenient for getting some yen right away. However, be aware that the exchange rates at airports are often less favorable compared to other options. It’s a good idea to exchange a small amount at the airport to cover immediate expenses like transportation to your accommodation and meals for the first day.

Once you’re settled, look for local exchange centers in the city. These centers usually offer better rates and lower fees. You can find them in popular tourist areas, major train stations, and shopping districts. Always compare rates at a few different places to ensure you get the best deal.

Banks

Banks are a reliable option for currency exchange, offering competitive rates and security. You can visit major banks in Japan, such as Mitsubishi UFJ, Sumitomo Mitsui, or Mizuho Bank. Keep in mind that bank hours are typically from 9 AM to 3 PM on weekdays, and they are closed on weekends and public holidays.

When you need to withdraw cash in Japan, it’s important to know where to find ATMs that accept international cards. Here are some reliable options:

• 7-Eleven Stores: One of the most convenient places to find an international-friendly ATM is at 7-Eleven stores, which are abundant across Japan. These ATMs are available 24/7 and support a wide range of international cards.
• Japan Post Offices: ATMs at Japan Post Offices (look for the red “T” symbol) also support international cards. While the availability of English instructions varies, they are generally reliable for withdrawals.
• FamilyMart and Lawson Convenience Stores: These convenience stores also offer ATMs that accept international cards, though they might not be as universally compatible as those in 7-Eleven stores.
• Major Banks: Some major banks, such as Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho Bank, have ATMs that accept international cards. These ATMs are typically located in bank branches, which can be found in cities and large towns.

• Plan Your Withdrawals: To minimize fees, plan your withdrawals carefully. Withdraw larger amounts less frequently rather than small amounts multiple times.
• Check ATM Availability: While 7-Eleven ATMs are available 24/7, others, like those at banks and post offices, may have limited hours. Plan accordingly, especially if you’re traveling in rural areas.
• Keep Emergency Cash: Always keep some cash on hand in case you encounter difficulties with ATMs or if you’re in an area where ATMs are not easily accessible.
• Notify Your Bank: Inform your home bank of your travel plans to prevent your card from being flagged for suspicious activity.

What Are IC Cards?

IC cards, such as Suica and Pasmo, are rechargeable smart cards widely used for public transportation and small purchases. These cards are highly convenient, allowing you to tap and go on trains, buses, and even some taxis. You can also use them to pay at vending machines, convenience stores, and various shops.

How to Get an IC Card

You can purchase IC cards at train stations, particularly in major cities like Tokyo and Osaka. The initial cost includes a refundable deposit (usually ¥500) and a prepaid balance. You can top up your card at ticket machines, convenience stores, and online via certain apps.

Benefits of Using IC Cards

• Convenience: Eliminates the need for cash for many small transactions.
• Speed: Speeds up boarding on public transportation.
• Wide Acceptance: Accepted at many retail locations, vending machines, and some restaurants.

Popular Mobile Payment Apps

Japan has seen a rise in mobile payment options, with popular apps including:

• Apple Pay: Widely accepted in major retail chains, restaurants, and online stores. It integrates with Suica for public transportation.
• Google Pay: Similar to Apple Pay, it’s accepted at many locations and can be linked to Suica.
• LINE Pay: A popular local option, linked to the LINE messaging app. It’s widely accepted in stores, restaurants, and for online purchases.
• PayPay: Another popular mobile payment service in Japan, accepted at a growing number of locations.

Setting Up Mobile Payments

To use mobile payment apps, you need a compatible smartphone. Here’s how to set them up:

1. Download the App: Install the payment app from your phone’s app store.
2. Register Your Card: Link your credit or debit card to the app.
3. Verification: Complete the verification process as instructed by the app.
4. Add Funds: For apps like Suica, you may need to add funds to your digital wallet.

Where to Use Mobile Payments

Mobile payments are accepted at a variety of locations:

• Retail Stores: Many department stores, supermarkets, and boutiques.
• Restaurants and Cafes: Chain restaurants and cafes, as well as some local eateries.
• Convenience Stores: Almost all major convenience store chains.
• Public Transportation: Particularly with Suica and Pasmo integration.
• Online Shopping: Many Japanese e-commerce sites accept mobile payments.

Can I Use My Credit Card Everywhere in Japan?

No, credit cards are not universally accepted in Japan. While major hotels, department stores, and chain restaurants accept cards, many smaller establishments and rural areas do not.

How Do I Withdraw Cash from an ATM in Japan?

Use international-friendly ATMs, commonly found in convenience stores and Post Offices. Follow the prompts to withdraw cash, and ensure you have enough in your account to cover fees.

What Should I Do If I Run Out of Cash?

If you run out of cash, you can withdraw more from ATMs or exchange currency at banks and exchange centers. Having a credit card as a backup is also recommended.

Is It Safe to Carry Large Amounts of Cash in Japan?

Japan is generally a safe country, but it’s always wise to be cautious. Use money belts or hidden pouches to store your cash securely and avoid carrying large sums in one place.

Can I Use Traveler’s Checks in Japan?

Traveler’s checks are not commonly used in Japan and are accepted at very few locations. Major banks and some hotels might accept them, but it’s generally not convenient. It’s better to rely on cash, credit cards, and ATMs for your transactions.

Planning how much cash to bring to Japan is a big deal for making your trip smooth and hassle-free. Knowing the country’s cash culture, typical expenses, and when to use cash versus cards will help you manage your money like a pro. With these tips and recommendations, you’ll be ready to handle your finances and enjoy all the amazing experiences Japan has to offer.

Looking for inspiration for your next Japan trip? Check out our articles on The Best Places to Visit in Toyko and 25 Best Activities to Do in Japan for ideas.