document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. I've heard that Iceland merchants use a chip and pin system for credit card purchases. I used my credit card with PIN at gas stations, the transaction posted as a regular purchase, not as a cash advance. The gas station discount program will get you a few Icelandic krna off per liter. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-88122472', '');}, 'log_autolink_impression');Iceland is so much into plastic that I don't know how you could be on a self-organized vacation for many days without a CC :)))). If neither you nor anyone else in your party possesses a credit card, other arrangements need to be made. In Iceland, credit cards are accepted just about anywhere you can think of, so have no worries or concerns. The biggest gas station chains in Iceland are N1 and Olis. If you feel the need to carry a little bit of the local currency around with you, even just for buying souvenirs,that makes complete sense. This credit card PIN concept can be a little confusing at first because chip and signature card types are slightly different. But PINs are typically sent separately from credit cards for security purposes, so they probably wont be in the same envelope. Jump to bottom. At an Iceland gas station, your credit card PIN is necessary to fill up at the pump. Though I've cheeked with my card holders about foreign exchange fees, and told the ones I plan to use our travel dates, I won't be surprised at hiccups. Only mortgage activity by Credit Karma Mortgage, LLC., dba Credit Karma is licensed by the State of New York. The country is already expensive enough, lets not add insult to injury. You should contact your bank. 2023 Rick Steves' Europe, Inc. | Terms of Service | Privacy Policy, https://www.flyertalk.com/forum/credit-card-programs/1815689-usa-emv-cards-availability-q-chip-pin-signature-2017-a.html. If you visit, youll surely encounter this unique culture that exists in this tiny country. This means if yourtransaction can be completed with a signature, it will go throughas a chip-and-signature purchase. The result will shut down the engine, likely leaving you stranded and with a very large repair bill. Almost all hotels and most businesses in the country accept cards, and you can even use yours to pay for a cab ride, a coffee or an ice-cream. But you usually dont need your PIN when you pay with a credit card in the U.S. I used my Barclaycard Arrival Plus many times during the trip. Although things might have changed, a few years ago some of the automats were very picky and would not accept a chip-and-signature card even if you had added a PIN in order to use it at an ATM.