How To Handle Money And Currency Exchange In Chongqing?

Here is the travel guide content for Deep China Travel:

Handling money in Chongqing is straightforward once you know the basics. The official currency is the Chinese Yuan Renminbi (CNY or RMB), with notes and coins. While digital payments (Alipay & WeChat Pay) are king everywhere, currency exchange is easily available. For cash, use ATMs (widely available in airports, major hotels like those in Jiefangbei, and banks) or licensed exchange counters at the Chongqing Jiangbei International Airport arrival halls. Always carry some cash as backup, especially for small vendors, markets, or taxis. Credit cards are accepted in larger hotels and upscale restaurants, but don’t rely solely on them for daily spending.

How Necessary is Cash in Chongqing?

Honestly, you’ll use cash less and less in Chongqing, just like most of China. Digital wallets are the default for nearly everyone. However, situations where cash is still essential or highly recommended include:

1. Small Local Vendors & Markets: Think spicy street food stalls near Hongya Cave, tiny noodle shops, local markets like Ciqikou’s side alleys, or independent souvenir sellers. They often operate cash-only or have QR codes only for Chinese payment apps.
2. Some Taxis & Ride-Hailing: While Didi (China’s Uber) links to Alipay/WeChat, hailing a regular cab might require cash, especially for shorter hops. Keep smaller bills handy (10s, 20s RMB).
3. Tipping Tour Guides/Drivers (Optional): If you choose to tip (not mandatory, see below), cash is the preferred and discreet method.
4. Backup: Tech glitches happen! Having around 200-500 RMB in cash provides peace of mind.

Where to Find ATMs or Exchange Counters in Chongqing?

Getting RMB physically is easy:

1. ATMs: Your most convenient bet. They’re everywhere:

• Airport: Multiple international ATMs at Chongqing Jiangbei (CKG) Arrivals (ICBC, Bank of China - BOC are reliable).
• Banks: Look for Bank of China (BOC), Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB). Branches are common in business districts like Jiefangbei or Guanyinqiao.
• Major Hotels: Most ⁴⁄₅-star hotels have at least one ATM, often near reception.
• Shopping Malls: Large malls (e.g., Times Square, Raffles City) usually have ATMs.
• Pro Tip: Use your home bank’s ATM locator app. Check international withdrawal fees beforehand.

1. Currency Exchange Counters:

• Airport: Dedicated counters in arrivals halls at CKG offer fair rates, convenient for immediate cash needs.
• Banks: Major banks (especially BOC) offer currency exchange services. Bring your passport! Rates are usually better than airport counters.
• Hotels: Upscale hotels offer exchange, but rates are often the least favorable. Use only in a pinch. Comparison of Main Cash Access Points in Chongqing:

Is Tipping Expected for Services in Chongqing?

Good news! Tipping is not customary or expected in China, including Chongqing. This applies to:

1. Restaurants: No need to tip waitstaff. Service charge is rarely included, but tipping isn’t practiced.
2. Taxis/Ride-Hailing: Drivers do not expect tips. Rounding up or saying “keep the change” is uncommon but might be appreciated (not required).
3. Hotel Bellhops: Generally not expected. If someone goes significantly out of their way, a small tip (e.g., 10-20 RMB) is a kind gesture but still optional.
4. Tour Guides & Drivers (Deep China Travel Insight): While our guides and drivers are fairly compensated, tipping is appreciated in the tourism industry, especially for exceptional service. It’s still optional but a meaningful way to show gratitude. If you choose to tip:

• Use cash (RMB), discreetly handed over at the end of the service.
• Consider 50-100 RMB per day for a guide and 30-50 RMB per day for a driver as a common range for excellent service, though any amount is welcome.
• Envelopes aren’t needed; a handshake with the cash passed is fine.

What’s a Realistic Daily Budget for Chongqing?

Chongqing offers fantastic value! Budgets vary wildly, but here’s a rough guide per person:

1. Budget Traveler (250-400 RMB): Hostel dorm, street food/local noodle shops (hello, amazing Xiaomian!), public transport (subway/bus), free sights (people-watching at Jiefangbei Square, exploring old streets).
2. Mid-Range Traveler (500-900 RMB): Comfortable hotel (3-4 star), mix of local eateries & nicer restaurants (hotpot feast!), taxi/DiDi rides between districts, entry fees for attractions (Hongya Cave, Cable Car, Ciqikou temples).
3. Luxury Traveler (1000+ RMB): 5-star hotels (NICCOLO, Marriott), high-end dining with river views, private transfers or guided tours, premium experiences.

• Food is cheap: A hearty bowl of noodles = 15-30 RMB. A lavish hotpot meal = 80-150 RMB per person. Fancy coffee = 30+ RMB.
• Attractions: Most are affordable (20-80 RMB entry). Cruises cost more.

How Can Travelers Manage Digital Payments in Chongqing?

Mastering digital payments unlocks smooth sailing:

1. The Reality: Alipay & WeChat Pay are dominant. Many places only accept these or cash. Credit cards (Visa/MC) work in international hotels, some upscale restaurants, and large department stores, but coverage is limited.
2. Tourist-Friendly Option: Use Alipay’s Tour Pass (accessible within the Alipay app). It allows you to top up using your international card and pay via QR code at millions of vendors, significantly reducing reliance on cash. Setting it up before arrival is wise (needs passport verification).
3. Using Your Apps: At payment:

• Vendor shows their QR code -> You scan it with Alipay -> Enter amount -> Confirm.
• Vendor scans your QR code (less common for tourists).

1. Pro Tips:

• Ensure your phone has a local SIM/data for reliable app function. Get one at the airport upon arrival.
• Keep your phone charged! A power bank is essential.
• Link a backup payment method in Alipay if possible.
• Have your passport handy for app verification if needed.