EurosThe ATM will give the option to charge your account in Euros or your home currency, it is advised to select Euros to obtain the most preferential rate. From the 27 EU countries, Spain has the highest total number of ATMs, so your money is nearly always accessible.
Should I use cash or card in Madrid?
Spain's currency is the euro, and is shared by 18 other European Union's Member States. In Spain, students are encouraged to use cash in smaller cities as they many not accept credit cards. Many of the business in Madrid accept credit cards. Using a credit card ensures the best exchange rate.