Country guide

Cash usage in Maldives

The Maldives has a two-tier economy — resort islands are almost fully cashless, while local islands and Malé rely heavily on cash. USD is widely accepted alongside rufiyaa.

Overwater bungalows and turquoise lagoon in the Maldives

Photo by Maahid Photos (Pexels)

Last updated 2026-06-01

Currency
Maldivian rufiyaa (MVR)
Cash usage level
Medium
Avg. ATM fee
~50 MVR
Card acceptance
Good at resorts
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Is cash still widely used?

It depends on where you stay. Resort islands are almost entirely cashless — cards are used for everything from dining to water sports. On local islands and in Malé (the capital), cash is much more commonly used for daily transactions.

USD is widely accepted at resorts and tourist-facing businesses.

ATMs and withdrawing cash

ATMs are available in Malé and on some larger local islands. Bank of Maldives ATMs accept foreign cards.

Card acceptance

Excellent at resorts — Visa, Mastercard, and Amex are all widely accepted. On local islands and in Malé, card acceptance is moderate; many smaller shops and eateries prefer cash.

Tips for travelers

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