Should I carry cash, or simply use a credit card?
This is a common question travelers often have. While it is recommended to always carry both, let me give you some useful information. In Norway, cash is not king, in contrast to what the famous phrase would have said. In Norway, the plastic credit card is king. You can pay with a credit card basically everywhere. From taxis, to convenience stores, to the fruit market.
Which cards to use?
Diners Club is almost never accepted here.
Do not exchange your money in a local bank, they will charge you a lot for it!
In the case you still want to exchange a good amount of cash, then I recommend you do it at the Forex Banks since they have the best rates. You can find them in the big cities.
Most of the ATMs also accept foreign cards. In Norwegian, an ATM is called Minibank (funny name right?). Note that usually, the ATMs charge a fee for taking out money.
Using cash in Norway, I dare say, is disappearing. So if you are traveling around here, I recommend you carry just a small amount of Norwegian kroner so that you don’t have to be wasting money by either exchanging it, or taking it out from an ATM.
There are some exceptions of course. For example, some local buses accept only cash. It can also happen that some stores take only cash, or maybe they accept only Norwegian cards. Examples of these are some shops and movie theaters in the Oslo area. And obviously, you would also like to carry cash in case an emergency situation takes place.
In a couple of years, this will be history