10. MONEY AND CURRENCY
What is the currency in Israel?
The Shekel; you’ll find it abbreviated as NIS (New Israeli Shekel).
What credit cards are accepted?
You can use your ATM card to obtain Shekels at ATM’s throughout Israel. You can also use American Express, MasterCard and Visa cards at most Israeli hotels, restaurants and stores.
What taxes can I expect to pay in Israel?
The Vat (Value Added Tax) in Israel is 18%. It’s already included in most prices in Israel. VAT is waived for tourists at hotels, tour companies and car rental agencies. Like in Europe and elsewhere, tourists can receive a refund of the VAT they paid on purchases when departing the country, the refund program and the purchase amount in one tax invoice including V.A.T. must exceed ILS. 400.