New orleans money

New Orleans is known for its rich history, vibrant culture, and unique economy. Here are some interesting facts about money in New Orleans:

  1. Cash is king: In New Orleans, cash is often preferred over credit cards, especially in the French Quarter and other tourist areas. Many businesses, including restaurants, bars, and shops, may not accept credit cards or may have limited acceptance.
  2. Tipping culture: New Orleans has a strong tipping culture, especially in the service industry. It's customary to tip 15% to 20% at restaurants, bars, and cafes.
  3. Currency exchange: The official currency in the United States is the US dollar, but you may also find some businesses accepting foreign currencies, such as euros or Canadian dollars, especially in tourist areas.
  4. ATMs: You'll find ATMs throughout the city, but be aware that some may charge high fees or have limited access to cash. It's a good idea to inform your bank of your travel plans to avoid any issues with your account.
  5. Credit cards: While cash is preferred, many businesses in New Orleans accept major credit cards, including Visa, Mastercard, American Express, and Discover.
  6. Mobile payments: Mobile payment options like Apple Pay, Google Pay, and Samsung Pay are widely accepted in New Orleans, making it easy to make purchases without cash.
  7. Tourist-friendly businesses: Many businesses in the French Quarter and other tourist areas cater to visitors and may accept credit cards or offer alternative payment methods, such as PayPal or Venmo.
  8. Local currency: While there isn't a specific local currency in New Orleans, you may find some businesses accepting alternative forms of payment, such as Bitcoin or other cryptocurrencies.
  9. Taxes: New Orleans has a sales tax rate of 9.45%, which is combined with the state sales tax rate of 5%. This means that you'll pay a total of 14.45% sales tax on most purchases.
  10. Financial services: New Orleans has a range of financial institutions, including banks, credit unions, and financial services companies, offering a variety of services, such as checking and savings accounts, loans, and investment products.

Overall, New Orleans is a city that values cash and has a strong tipping culture, but it's also relatively easy to use credit cards and other forms of payment. Just be aware of the local customs and payment options to ensure a smooth and enjoyable experience.