Posted by
Member since Apr 2004
4722 posts

Canadian exchange rate?
Should I exchange on my way and pay for everything in cash or do I just put everything on amex and let them do it?
I’m a newbie at this
Thanks in advance

Baton Rouge
Member since Nov 2003
2865 posts

re: Canadian exchange rate?
Just pay with your card and it converts it for you.

Wisconsin Fan
Chicago, IL
Member since Nov 2013
7475 posts

re: Canadian exchange rate?

Just pay with your card and it converts it for you.

I do this with my Chase card whenever I’m in Toronto. Makes everything so easy.

Replies (0)
Replies (0)
Member since Jul 2011
19995 posts

re: Canadian exchange rate?
Use Amex, they won’t charge you foreign transaction fees. I’ve been working here in Calgary since Feb and Amex is super easy to deal with. However some of the smaller restaurants don’t take Amex, so have a backup.

Replies (0)
Replies (0)
Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
29703 posts

re: Canadian exchange rate?
Traveling to any western style foreign country (Canada, Europe, australia) and most of asia, the best thing is to get some pocket cash from an ATM when you land at airport. you will get a better exchange rate than getting cash from a bank back home. Do make sure you alert your bank and CC Company you will be traveling to another country. Then use your CC when convenient for purchases as long as you CC doesn't charge foreign exchange fees. My sapphire reserve visa form Chase is what I use. ALSO, BE CaREFUL....some places when they run your card will give you the option to pay in US dollars rather than the local currency. refuse this. IF you choose US dollars, the merchant is choosing the exchange rate which is always shitty. When you choose the local currency, your CC Company is setting the exchange rate which is always the best rate available and is pretty much what the actual market traded rate is that day.
This post was edited on 9/10 at 11:59 am

Replies (0)
Replies (0)
first pageprev pagePage 1 of 1next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.