Forum Discussion
briansue
Jun 14, 2015Explorer
Depends on your credit card I think - not sure - but all of ours charge an international exchange fee - we never ever use our credit card in MX unless absolutely necessary. We do use debit cards at bank ATMs at bank lobby locations and rarely pay any fees. When we check our accounts online we almost always get the best rate of exchange. Banks charge way less at their cajero automatico than they post as their exchange rate. We asked our credit union to up our maximum to $500 US and they did no questions asked - but we almost never withdraw that much unless we need it for some reason. Perhaps every financial institution has a different way of doing business but we do all we can to keep our funds out of the rich bankers hands.
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