mxzdude Posted December 9, 2008 Report Share Posted December 9, 2008 Hi! I've been trying to figure out the best way to exchange my money for the season. Some years I just went to the bank ( thinking I was getting a good rate) other years I just tried putting as much as I could on credit card, only to have to pay a 3% exchange fee. I just went to the bank (B of A) the rate they just gave me was 4% higher than the rate when I got home and checked my computer. Plus the bank adds another fee to do the exchange. What do you guys do to get the most for your US dollars? Quote Link to comment Share on other sites More sharing options...
snowrider3 Posted December 9, 2008 Report Share Posted December 9, 2008 A. Use your atm card for cash once in Canada: Good exchange but can only get so much out per day plus ATM fees at both ends. B. Use your credit card: Good exchange rate but pay a foriegn exchange fee. I think mine is 1%. It has been mentioned that credit card companys should not be charging this. Quote Link to comment Share on other sites More sharing options...
BOBLER Posted December 9, 2008 Report Share Posted December 9, 2008 use a debit card, 1% of rate at the instant money is removed, using a credit card is like money advance and they will charge more, find a atm card that doesnot charge fees, I use TD bank north Quote Link to comment Share on other sites More sharing options...
Greg du Vermont Posted December 9, 2008 Report Share Posted December 9, 2008 Credit Unions are typically much better on the exchanges. Often exactly the same as what is published here http://www.oanda.com/convert/classic Quote Link to comment Share on other sites More sharing options...
rob Posted December 9, 2008 Report Share Posted December 9, 2008 DO NOT exchange funds in a bank in the states..they charge a premium. As mentioned, use a ATM card or go directly to a teller window at a Canadian bank to get the best rate. Quote Link to comment Share on other sites More sharing options...
182ray Posted December 9, 2008 Report Share Posted December 9, 2008 I use a Capitol One card. They don't charge a fee for transactions outside the US Quote Link to comment Share on other sites More sharing options...
gizz Posted December 10, 2008 Report Share Posted December 10, 2008 I use a credit card whenever i can but we exchange cash for cash at the Duty Free as soon as we cross the border. They usually are pretty fair with their rates but they do charge a small fee. I can't blame them though, they are trying to make a living like everyone else. It's convenient for us though. Quote Link to comment Share on other sites More sharing options...
Phil 1 Posted December 10, 2008 Report Share Posted December 10, 2008 I use a credit card whenever i can but we exchange cash for cash at the Duty Free as soon as we cross the border. They usually are pretty fair with their rates but they do charge a small fee. I can't blame them though, they are trying to make a living like everyone else. It's convenient for us though. I use a Capitol One card. They don't charge a fee for transactions outside the US Both of these. Quote Link to comment Share on other sites More sharing options...
plain-rev Posted December 10, 2008 Report Share Posted December 10, 2008 After arriving in "which-ever" town, I stop at the local banque or caisse pop. and exchange money. It's easy and no fees.. Quote Link to comment Share on other sites More sharing options...
scorpionbowl Posted December 10, 2008 Report Share Posted December 10, 2008 I use a capital one credit card, like others say, no international fees. For cash I use my debit card, which is through Fidelity, and they waive the ATM fees. Quote Link to comment Share on other sites More sharing options...
mxzdude Posted December 10, 2008 Author Report Share Posted December 10, 2008 Thanks, I'll try doing one of these. the dude Quote Link to comment Share on other sites More sharing options...
Saguenay Bill Posted December 10, 2008 Report Share Posted December 10, 2008 After arriving in "which-ever" town, I stop at the local banque or caisse pop. and exchange money. It's easy and no fees.. I have stopped in Drummondville. Get off at the exit for Centre Ville, I believe it's Sortie 173? on 20, go south a few lights and there is a RBC bank on the right, plenty of parking in the back of the bank for truck/trailer. Then get back on 20. Easy. I now go to the bank in Jonquiere as I'm up there for 8-10 weeks so what's a 1/2 day for me. Quote Link to comment Share on other sites More sharing options...
vitz Posted December 10, 2008 Report Share Posted December 10, 2008 use a debit card, 1% of rate at the instant money is removed, using a credit card is like money advance and they will charge more, find a atm card that doesnot charge fees, I use TD bank north Did you find your TD north card ? I thought I saw it for sale on Ebay by some Danseur named Amber .She says she found it in a snow bank but I think she ment a sperm bank . Quote Link to comment Share on other sites More sharing options...
iceman Posted December 11, 2008 Report Share Posted December 11, 2008 NOW THATS SOME FUNNY SH-T RIGHT THERE SALUT AMBER Quote Link to comment Share on other sites More sharing options...
RIYAMAHA Posted December 12, 2008 Report Share Posted December 12, 2008 If u no someone who works for a bank, they can change ur $ for u with no fees. Done this for years, exact exchange rate. Quote Link to comment Share on other sites More sharing options...
Phil 1 Posted December 12, 2008 Report Share Posted December 12, 2008 On the plus side rate today is $1 US is worth $1.24 Canadan. 12/5 it was 1 to 1.29 Free money. AND gas in NJ is $1.55 gal for regular... We will ride this winter :) Quote Link to comment Share on other sites More sharing options...
182ray Posted December 12, 2008 Report Share Posted December 12, 2008 I paid 1.49 for reg today in NJ Quote Link to comment Share on other sites More sharing options...
Jackstraw Posted December 12, 2008 Report Share Posted December 12, 2008 Does anyone exchange at the border? that's what we usually do, except last year when it was even. Quote Link to comment Share on other sites More sharing options...
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