Can I use credit cards everywhere in Korea?

Major cards work at restaurants, shops, and hotels, but many small vendors, street food stalls, and traditional markets only take cash. Keep 50,000-100,000 won ($38-76) in cash daily.

Which ATMs accept foreign cards?

Global ATMs at 7-Eleven, GS25, CU convenience stores, and subway stations. Look for the 'Global' sticker. Most bank ATMs don't accept foreign cards.

Should I exchange money at the airport?

Airport rates are 3-5% worse than banks. Only exchange enough for transport to the city (20,000-30,000 won). Exchange larger amounts at banks in Seoul or Busan.

Can I exchange torn or old bills?

No. Korean banks are strict about bill condition. Bring clean, undamaged notes. Even small tears or writing will cause rejection.

How to Exchange Money in South Korea

Exchange money at banks, authorized money changers, or withdraw from ATMs using international cards. Banks offer the best rates but have limited hours. ATMs are 24/7 but charge fees. Avoid airport exchanges except for small amounts.

Find official exchange locations. Use banks (KEB Hana, Shinhan, Woori), authorized money changers in Myeongdong or Hongdae, or convenience store ATMs. Download the Citimapper app to locate nearby banks and ATMs.
Bring clean, newer bills. Korean banks reject torn, written-on, or very old foreign bills. Bring crisp USD, EUR, or JPY notes issued within the last 5 years. $20 and $100 bills get the best rates.
Exchange during bank hours. Banks open 9am-4pm weekdays only. Arrive before 3:30pm for currency exchange. Bring your passport - it's required for all transactions over 3 million won ($2,300).
Use ATMs for convenience. 7-Eleven, GS25, and CU convenience store ATMs accept foreign cards 24/7. Your card will be charged 3,000-5,000 won ($2.30-3.80) plus your home bank's international fee.
Keep your exchange receipt. Save all receipts to re-exchange unused won back to your currency when leaving. You can only exchange back up to the amount shown on your receipts.

Can I use credit cards everywhere in Korea?: Major cards work at restaurants, shops, and hotels, but many small vendors, street food stalls, and traditional markets only take cash. Keep 50,000-100,000 won ($38-76) in cash daily.
Which ATMs accept foreign cards?: Global ATMs at 7-Eleven, GS25, CU convenience stores, and subway stations. Look for the 'Global' sticker. Most bank ATMs don't accept foreign cards.
Should I exchange money at the airport?: Airport rates are 3-5% worse than banks. Only exchange enough for transport to the city (20,000-30,000 won). Exchange larger amounts at banks in Seoul or Busan.
Can I exchange torn or old bills?: No. Korean banks are strict about bill condition. Bring clean, undamaged notes. Even small tears or writing will cause rejection.