What No One Tells You | 10 Things to Know for the Updated Japan Money Guide 2024
Japan is NOT a Cashless Society and that there’s no Tipping Culture. In this video, I’d like to introduce some updated tips to help you make the most of your trip. We’ll start with the tax exemption system, which allows tax-free shopping but is undergoing changes, so it’s important to know the new rules. We’ll also touch on Japan’s varying sales tax rates, with some essentials taxed at a lower rate—helpful for budgeting. Next, we’ll guide you through Japan’s newly issued 500-yen coins and bills, and the customs around offering 5-yen coins at shrines. I’ll also share tips on enjoying high-end dining at lower prices and provide updates on scams in restaurants and taxis. I’ll show you the best places to withdraw cash easily and safely. Please watch this before traveling to Japan!
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0:00 Opening
1:06 1. Tax Exemption System
2:50 2. Sales Tax Rates Vary by Item
4:06 3. Notes on New Banknotes & Coins
5:08 4. Shrines & Money
6:14 5. Unacceptable Credit Cards
6:52 6. Extra Coins
7:41 7. Lunch is Less Expensive than Dinner
8:47 8. Scam in Restaurants
9:43 9. Cab Scams
10:39 10. Where to Withdraw Cash
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My channel focuses on the Japan Travel Guide and suggests Spots, Food and Hotels.
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Please note as follows:
*The prices might be different from this video upload.(価格は当時のものですので、変動する場合があります。)
*Business hours might be different from this video uploaded as well.(営業時間も当時のものと異なる場合があります。)
*We do NOT take any responsibility or liability for any damage or loss caused through our video. (当動画によって生じたいかなる不利益、損害に関しても一切の責任を負いません。)
Reference
https://www.jiji.com/jc/article?k=2024081200312&g=eco
https://www.ace-sec.co.jp/credit/usage/diners-usability.html
https://matsusakaushi-yoshida.jp/
https://www.mof.go.jp/policy/currency/bill/20210816.html
https://yukotabi.yukoyuko.net/archive/b00300/
https://matsusakaushi-yoshida.jp/
34 Comments
Meg your info and guidance is gold
Meg’s videos have been very helpful and insightful as i prepare for my fall trip to Japan.
Very useful info. Thank you.
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Share your thoughts and questions in the comments!
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That tax free system is horrible. Having to open your bags on the airport to show everything you bought is common around other countries tax free systems, but that doesn't make it a good system. It would be better if they managed to create a system to identify if the traveller is doing a short stay visit or if they are staying long term and using the tax free system to make a profit in the internal market.
After getting some cash at the airport, I then only went to 7-11 to withdraw from their atm. It’s cheap and easy!!
The clickbait picture just demeans and devalues your video
You have a new subscriber
I'm thinking I might not make use of tax free, but if I do and want to send my bought items off by post rather than having heavy luggage, how does the tax thing work in that? Filling in some papers for the possible tax free items?
Sure pickpockets exists everywhere, though i've never really heard about it being an issue, never heard about a case first hand experience either.
Me personally walk around with 60.000 -> 10.000 yen at all time without a worry.
Also i only use 7/11 atms quick and reliable.
Can you make a video of recommended restaurants that are moderately priced for families with kids?
What is the name of the restaurant hou mentioned that lunch was cheap? I heard Yoshida is that right? And where is it? Thanks
An absolute banger, thanks Meg this video was very helpful! 🙏💖💴
Thanks a million 🙏
I've found that the easiest and most useful way to get rid of extra coins is to just load up your IC-Card (Suica/Pasmo) with them every few days. Just make sure to keep some 500 and 100 yen coins for the occasional gacha purchase 😀
Super helpful video, very informative as we plan our upcoming trip in March 2025. I'll definitely be checking out the rest of your videos and keeping track of new content. Subscribed! 😎
Regarding ATMs in Japan, I would add two tips: 1) If ATM keyboards in your country are alphanumerical and your password is letter based, learn the numerical equivalent! Many ATM keyboards in Japan are only numerical. 2) Not all ATMs in Japan are compatible with worldwide interbank networks. Check on the ATM for the networks accepted and see if it accepts your cards network. You might need to visit a few convenient stores before finding the right machine.
Wow, that consumption tax payment/refund is a step backwards! You can't use your tax refund while in Japan to buy things. Another queue on departure, people do not want. I bought keyrings and Kit-Kats at Donki… so I have to queue for a refund?
Surely, there will be something a little bit less awkward!
Yup, Diner's and Amex. They are not accepted in a lot of countries!
Thank you 🙏 for information
Very helpful — thank you for posting this video. Adding to what you said about bills, I have bought Japanese currency in my home country to have some money available when I landed. On my last trip to Japan, the bills I had received from my bank included some 2000 Yen bills that apparently are very rare in Japan. And one last point, it is worthwhile to check what the ATM requires for a PIN code. I received instructions from my bank that the PIN code had to have four digits in order to work in Japan. Almost exclusively, I used the ATMs at 7/11 stores. I never had a problem withdrawing cash.
I look forward to finding out more about your tours.
日本人です。
初めてこちらのチャンネルを拝見しました。
すみません、あまり日本や日本人の嘘の情報を流すのはやめてください。
Japanese are the most ethical and honorable people. We don’t scam ‼️ yes, there may be a couple of bad apples out of a million, however to advertise as if it is a normal behavior is pathetic. There are millions of good honest people making a living driving Taxis and working in the hospitality industry.
You’re spreading misinformation and allowing Foreigners visiting Japan with a misconception towards us Japanese.
By the way, we’re not some south East Asian country that SCAMS are common.
Zip it. We are honest, caring, polite and ethical race.
Don’t ever spread misinformation or exaggerate to a degree in which Foreigners visiting Japan looks at us as potential Scammers‼️
Hi Melog, the tax free thing problem its gonna start in 2025, no? But can you only get your tax free in the airport? Or its gonna its still available in all the shops? where you see the Tax Free card at very entrance? I don’t end to understand how its gonna be at 2025 the return tax at all :/
You have to chill with the hands, and clean your audio up with any of the multiple Ai audio clean up apps! Thank you for the info though. Well appreciated.
My mom and I will be taking taxis around Tokyo since she is afraid of us getting separated while getting on and off the train since they're much more crowded now/ to save time. Hopefully we won't get scammed.
Hi, may i know how to contact you for a private tour in Tokyo?
load digital Suica via credit cards (MC or AMEX)
This was very helpful – especially the recommendation about which banks and ATMs are most reputable and trustworthy.
I hope that some day you will make a video about getting around Tokyo with mobility issues. I am older and have trouble with stairs due to arthritis. I also have bad feet. I plan to come to Tokyo in November, but I am worried about taking the subway because of having to use a lot of stairs and walk a lot. I would love informative videos about getting around for people who can't walk a lot. I plan to use taxis frequently so I can avoid unnecessary walking.
Get a credit card that does not charge conversion fee, typically travel reward type of credit cards. It will help a lot. You will always get the market rate without ANY fee by using such credit card.
I’m surprised to hear there are pickpockets in Japan, seriously??😮
The chane in consumption tax/refund is wrong.
When i leave japan all my shopping us in ,y 2 check in bags, so they go on the hold. How will i get my refund then.
Also refunding will work against the traveller if the refund is sent to card or bank account in yen and not the local currency.
Curious about your decision of the person you chose to use when talking about pickpockets. Does that mean I don't have to worry about native Japanese pickpockets?
Hi Meg, thanks for the helpful videos. I am traveling in Japan soon and your videos are a great help.
Very helpful video, thank you!!
ฉันเพิ่งเข้ามาดูคุณคลิปนี้เป็นคลิปแรก มันดีและได้ประโยชน์มาก ฉันกำลังจะไปโตเกียวช่วงเดือนธันวาพอดีขอบคุณสำหรับข้อมูลนะคะ😊