What is the cheapest way to buy Mex Pesos?
Me again, from reading the different post, I see you need some cash to pay for different things like Autopista and some camping or else. What would be best way to buy Mexican Pesos? From a Canadian pe...
Forum Discussion
Most of the time when you use a credit card to get cash, it is considered a 'cash advance' and mine will charge a 4% fee for the cash advance, then also start billing at 19% interest rate from that day forward on any balance.
So some have suggested sending your CC company a check, say for $1,000 more than the balance. Then you can get out up to your pre-paid amount, before they start charging interest, but still you would be paying a 4% cash advance fee. Call the number on your credit card for more details.
Chances are that using a debit card will be less expensive than a credit card at a ATM.
I have not tried to see if there are supermarkets that allow you to take cash back on your debit card, or credit card. There are Wal Marts in Mexico, and they normally allow you to get cash back while making a purchase with a debit card.
Good luck!
Fred.
So some have suggested sending your CC company a check, say for $1,000 more than the balance. Then you can get out up to your pre-paid amount, before they start charging interest, but still you would be paying a 4% cash advance fee. Call the number on your credit card for more details.
Chances are that using a debit card will be less expensive than a credit card at a ATM.
I have not tried to see if there are supermarkets that allow you to take cash back on your debit card, or credit card. There are Wal Marts in Mexico, and they normally allow you to get cash back while making a purchase with a debit card.
Good luck!
Fred.
