Skip Navigation

Taking money to mexico

Travel Forums North America Taking money to mexico

Page
  • 1
  • 2

Last Post

1. Posted by TonyWright (Full Member 49 posts) 11y

Someone told me that both peso and dollor can be used in mexico. so which one shall i take?

how much money should i take in my pocket as i will have credit cards with me?

2. Posted by Kingwindle (Respected Member 301 posts) 11y

If you have cards why not just just the Cash Machines/ATMĀ“s??
Then there is no need to carry money around with you in a big bundle.

I have been through Mexico city, and now Acapulco and used Mexican Pesos all the time, i am sure you can pay in dollars for things like accommodation etc.. but i am using pesos, just withdrawn form the bank.

Easy exchange rate too, $1 = 10 pesos, and 1 English Pound = 19.8 which obviously round up to 20.

Tarik

3. Posted by TonyWright (Full Member 49 posts) 11y

thanks for the advice.

so i should just turn up with my credit card and nothing else? i was just worried that i wouldn't be getting the best exchange rates etc.

i think most hostels will accept payment by card, as will big shops and restaurants.

im worried about having to use a cash machine in a different language.

4. Posted by tway (Travel Guru 7273 posts) 11y

Quoting TonyWright

so i should just turn up with my credit card and nothing else? i was just worried that i wouldn't be getting the best exchange rates etc.

My MasterCard gives me the exchange rate for the day I use it, which I find a big plus. I'd check with your cc company to see if they do the same. It's one of the big reasons I find a credit card the best option to use when travelling.

5. Posted by TonyWright (Full Member 49 posts) 11y

Thanks for the info.

Do you know if a Visa debit card is usable, like a visa credit card? or would you suggest i create a credit card account instead. thanks.

6. Posted by tway (Travel Guru 7273 posts) 11y

Quoting TonyWright

Thanks for the info.

Do you know if a Visa debit card is usable, like a visa credit card? or would you suggest i create a credit card account instead. thanks.

Hi Tony,

Actually, the way credit and debit cards work in the UK and in North America is aparently quite different. I've never heard of a VISA debit card - only a credit card. I know there's a thread on here somewhere that talks about it, but I can't find it for the life of me. Try looking online, though, to see what options are available to you. I've heard many people from the UK/Europe say that they like to use their debit cards when travelling, but in NA our debit cards aren't nearly as flexible.

If I find that link, I'll post it here!
Tway.

7. Posted by tway (Travel Guru 7273 posts) 11y

Found it! Here you go.

8. Posted by Kingwindle (Respected Member 301 posts) 11y

I have the Nationwide Flex account. It rules. It is a Visa, has been accepted EVERYWHERE in the whole of south america and now mexico.

When you take money out, there is no commission, and it changes money at the going rate the second you take it out, hence you get all the money that is in your account. Neat hey. Its the only UK bank that does this.

Also, you can sign on for online banking, and check money situations without having to phone the folks. It has beena real godsend having the idea to get an account.
PS, I do not work for nationwide!

Tarik

9. Posted by Kingwindle (Respected Member 301 posts) 11y

sorry, didnt see your other reply, i was worried too about using the card in a different language in the cash macine. in every bank i have been to, the first question is, English or Spanish?? Errr.??...!! English please!
Take your credit card too, as you can buy flights on it etc if you really need to, and in emergency if for some reason you loose your card or whatever.
remember, the money comes out first, so whatever you do, dont walk off without the card, so many people out here do!

Tarik

10. Posted by TonyWright (Full Member 49 posts) 11y

thanks for all your help. you're all very helpful!

I actually have a nationwide flex account, so i'm sorted!

do you get an option on the cash machines in mexico, asking what language you'd like to use?

thanks.