EL MÉDANO • TENERIFE

CASH WITHDRAWAL AT ATMs

How to avoid wasting money on fees in 2026

How to withdraw euros cheaply on Tenerife?

El Médano is a small town, but there are enough cash machines. Most importantly, avoid Euronet ATMs – they charge high fees (mark-up + DCC).

Cash machines in El Médano
ATM on Tenerife

Recommended cards (2026)

  • Revolut – best choice (free withdrawals up to the limit)
  • Wise – very good exchange rates
  • Curve + standard card – often avoids fees

The best cash machines in El Médano are CaixaBank, Banco Santander and Bankia (now CaixaBank). Avoid Euronet at supermarkets and on the promenade.

Tip: Always choose "Without Conversion" (decline DCC) – let your bank handle the currency conversion.