How much money will you need for your summer in Copenhagen? While past students have reported using approximately $100 per week for personal expenses, keep in mind that lifestyles differ while living abroad. The cost of living in Denmark is relatively high, so be sure to create a budget while abroad.
Using ATM/Debit Cards
DIS recommends that you use a debit/ATM card with a Visa or MasterCard logo during your stay in Denmark. Using a debit card allows you to take money directly out of your account, so you won’t need others to send you checks or wire you money.
Before Taking Your Debit Card Abroad
- Make sure your debit/ATM card has a four-digit pin code that you can use while in Denmark, as most shops do not accept cards without these
- Tell your bank you are traveling abroad and might take money out from various countries – some banks may not be accessed internationally
- Inquire about the fee per ATM withdraw, so you can strategize how often you will extract money, as well as your daily withdraw limit
Foreign credit cards (Visa, MasterCard, and American Express) are not widely accepted in Denmark, but can be used at department stores, restaurants, taxis, and for making travel accommodations. For best results in using a credit card in Denmark, follow these guidelines:
- Your card must have a four-digit pin number
- DIS highly recommends that you ask your bank for a ‘chip’ credit card
Note: If you use a credit card without either a chip, pin, or both, you will need to tell the employee at the cash register that you wish to sign for the payment and do not have a pin. If you plan to bring a credit card, check with your company for fee information on international purchases.