Euro is used in Austria , and divide into 100 cents. There are seven notes - in denominations of 5, 10, 20, 50, 100, 200 and 500 euros – and eight different coins – 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros.
The best rates for changing money are offered by banks. ATMs, or Bankomat, are wide-spread and you will find them easily. Many shops (and some restaurants too) offer the service to pay directly with an ATM card. And major credit cards , like Visa, Mastercard, and American Express , are accepted at most shops and restaurants.
Hotel bills often include a service charge. However, you can also tip for good service. 1 or 2 Euros per bag would be OK for the bellhop/porter If you receive good service you can tip around 5% to the waiter in the restaurant, or round-up the bill – the same applies for bars and cafés. It is common to round up the fare in Austria, or give 10% to the taxi drivers.
The VAT is 20% in the Austri. If your purchase amount over or equals 175. 01 euro, you should ask the shop staff for a Tax Free Form and fill in all the required fields in the block letters. Get a stamp in the Customs desk before your check in for your flight. Then go to a refund office . Present your stamped and completed Tax Free Forms to receive the refund in cash or to a credit card. But observe that at some airports a cash handling fee per "Form" will be charged should you require an Immediate Refund in cash.