What cash and credit cards should I bring for my trip to Mexico?
Updated: Sep 9
Mexico is a beautiful country and a very popular destination for US citizens. If you are planning to visit Mexico, you might be wondering how to pay for your expenses there. Do you need to bring cash or can you use your credit cards? What are the best ways to exchange money and avoid fees? This article will answer those questions and give you a few tips.
Your vacation to Mexico is coming up and you start thinking about what cash and credit card to bring.
What credit card are accepted?
The most widely accepted credit cards are Visa and Mastercard. American Express is accepted at some locations. Discover card has even less locations than the other three card types.
How many credit cards should you bring?
Bring at a minimum two, although a third is preferred. This way if one gets declined for whatever reason, you have another card you can use.
Should I let my bank/credit card company know I am traveling out of the country?
Yes - I suggest letting your bank/credit card company know what country/countries you are visiting as well as the dates.
Will I get charged a foreign transaction fee by my credit card?
Maybe – check the policy of your bank/credit card company to see what, if any transaction fees can occur while in Mexico.
Tell me about how cash works in Mexico:
Mexico’s official currency is the peso (MXN). Many establishments near the popular tourist destinations will accept the USD (US Dollar). If you want to bring pesos, the best way to do this is to bring your ATM card and get cash at ATM in Mexico. Most travelers do this in the airport. Please double check with your bank that they will allow international withdrawals. You can also get pesos from your bank in the US – contact them for more information.
Other things to note:
More rural areas and some establishments may only accept cash.
Disclaimer: I am not a financial advisor. Please check with your credit card company and/or bank to verify their policy for international charges.