Niagara - Currency - US Cash / Canada Cash
Sep 13th, 2010, 10:23 AM
#1
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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?
Anyone been recently?
Sep 13th, 2010, 01:13 PM
#3
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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...
Sep 13th, 2010, 02:02 PM
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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).
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).
Sep 15th, 2010, 06:48 PM
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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
-marcello
http://www.wanderingtrader.com
Sep 16th, 2010, 06:41 AM
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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.
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.
Sep 16th, 2010, 03:43 PM
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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.["
"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.["
Sep 17th, 2010, 05:56 PM
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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.
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.
