Go Back  Fodor's Travel Talk Forums > Destinations > Canada
Reload this Page >

Niagara - Currency - US Cash / Canada Cash

Niagara - Currency - US Cash / Canada Cash

Sep 13th, 2010, 10:23 AM
  #1  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
Niagara - Currency - US Cash / Canada Cash

We are off to Niagara this weekend. I don't know if we should get out currency at an ATM there, or if it's more common now for places to take US cash on a 1:1 ratio. I know in the past they would charge a higher fee to use US dollars, so we never did.

Anyone been recently?
amelie is offline  
Sep 13th, 2010, 10:49 AM
  #2  
 
Join Date: Apr 2004
Posts: 565
Use an ATM there
almcd is offline  
Sep 13th, 2010, 01:13 PM
  #3  
 
Join Date: Mar 2004
Posts: 5,503
Most places are taking US cash at even rate in Canada and your best exchange rate will be at the Casinos (it was even this week)... Depending on the rate charged by the ATM the Casino might be the best bet... there are also ATM machines IN the Casinos and you could change back there at the Cashier window....... your worst bets are the Banks and Exchange booths in the tourist areas...
garyt22 is offline  
Sep 13th, 2010, 02:02 PM
  #4  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
Thanks garyt22, so inside casino has an actual currency exchange desk, besides just ATM's?

I used to always try to find actual banks to get our ATM withdrawals from, but I just went over my bank statements from last year comparing the non-bank ATM we used at the Marriott Fallsview to an actual bank branch in Toronto and the fees were the same (about $6 on $200 withdrawal).
amelie is offline  
Sep 13th, 2010, 02:03 PM
  #5  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
oh! you just do it at the cashier window...
amelie is offline  
Sep 14th, 2010, 05:31 AM
  #6  
 
Join Date: Mar 2004
Posts: 5,503
yup...
garyt22 is offline  
Sep 15th, 2010, 06:48 PM
  #7  
 
Join Date: Jul 2010
Posts: 43
Unless you are out in the country they accept credit cards EVERYWHERE. ATM's will generally give you a good exchange rate as well but for the most part they accept us dollars or canadian dollars. If you ever get a chance look into going to the iguazu falls in s. america, they are incredible and put niagara to shame!

-marcello
http://www.wanderingtrader.com
wanderingTradr is offline  
Sep 16th, 2010, 06:41 AM
  #8  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
um okay, but we go to the falls yearly because it's only a 3 hour drive!

Credit cards charge fees, so we find it's better to get what we need out of the ATM and only get charged one fee once.
amelie is offline  
Sep 16th, 2010, 02:49 PM
  #9  
 
Join Date: Feb 2003
Posts: 6,523
Amelie, if you have a Bank of America card, you can go to any ScotiaBank ATM here and there will not be any fees. They have an alliance with each other.
kodi is offline  
Sep 16th, 2010, 03:41 PM
  #10  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
Really? I do have a Bank of America card.
amelie is offline  
Sep 16th, 2010, 03:43 PM
  #11  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
There may be a catch:
"For transactions in currencies other than U.S. Dollars when using a Bank of America ATM card or debit/check card, Bank of America may charge its account holders an International Transaction Fee for purchases or ATM cash withdrawals regardless of whether the transaction occurs within the Global ATM Alliance or outside the Global ATM Alliance.["
amelie is offline  
Sep 16th, 2010, 05:57 PM
  #12  
 
Join Date: Mar 2004
Posts: 5,503
You are much better off bringing some $100 bills and exchanging them at the Casino... How much can you spend in a weekend???
garyt22 is offline  
Sep 17th, 2010, 02:40 AM
  #13  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
exactly, probably only 300 at the MOST. Just going for one night.

off we go, man its early
amelie is offline  
Sep 17th, 2010, 05:56 PM
  #14  
 
Join Date: Feb 2003
Posts: 6,523
Amelie,that clause stinks! I've used this alliance many times, in the US, Britain, New Zealand, and never been charged anything by ScotiaBank.
If B of A is going to start charging in a round about way, that is just wrong! I'm glad you spotted it.. and I hope my ScotiaBank does not start that. so far, so good.
kodi is offline  
Sep 19th, 2010, 04:34 AM
  #15  
Original Poster
 
Join Date: Feb 2004
Posts: 1,541
The casino was giving 98 cents Canada, for 1 US dollar. The machines all over the place convert it too, not just the cashiers.
amelie is offline  
Sep 30th, 2010, 01:05 PM
  #16  
BLN
 
Join Date: Jan 2003
Posts: 99
FYI, I just talked to Bank of America TODAY and they assured me that there are no fees at ScotiaBank except for the 1% they charge for cash from an ATM. (vs 3% for charges)
BLN is offline  
Sep 30th, 2010, 02:07 PM
  #17  
 
Join Date: Feb 2003
Posts: 6,523
BLN, that's good to know. IT's nice to know they are honouring the alliance.
kodi is offline  
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
jilkovina
Mexico & Central America
6
Apr 4th, 2008 11:14 AM
sabrina_lane03
Canada
8
Jul 14th, 2007 07:15 PM
ipako
Canada
8
Jun 1st, 2007 02:15 PM
letty
Canada
8
Jul 31st, 2006 01:56 PM
flem16
Europe
13
May 9th, 2006 07:12 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy -

FODOR'S VIDEO

All times are GMT -8. The time now is 04:29 AM.