Cambio Question

Next trip coming up in 12 days - just found out that neither of the banks I deal with still sells travelers checks, although there is one other bank in town that does. However, the fee is now 2% instead of 1%.

I have always used trav. checks to get cash at the cambios. Seems like the banks want me to buy one of those "travel cards" pre-loaded with a certain amount of money. Can I use this card to get cash at a cambio? Can I use a regular credit card to get cash at a cambio? (I assume I can use it at ScotiaBank).

The general attitude seems to be that travelers checks are obsolete. Tough for us senior citizens to adjust.

Debit card is the way to go. If you bank with Scotia or BofA you can use the Scotia atm's with no fees and a great exchange rate. Just let your bank know before you go so that they do not put a block on your card.

If you are a AAA member you can get Travelers checks with no fee. Otherwise you can use the pre paid card or debit/credit card at the ATMs at Scotia Bank or NCB Bank or the one next to the HiLo. We still use checks and never have a problem.

Do not use a credit card to get cash-the fees are close to 10%- it's not the same as using an ATM or debit card.
I looked into doing this once when mi cash was running low & upon finding out how much it was going to cost I quickly forgot about it :rolleyes: