And you can avoid that with the right card. I use my United MileagePlus Explorer card which dropped the 3% fee a while back.Wells Fargo is giving a little better than 13.2:1. WSJournal is quoting 14.358, but those are not retail rates I don't think. The downside to using credit cards is mostly the exchange fee, about 3% I think.
---------- Post added December 6th, 2014 at 09:41 PM ----------
I'll have to get me a Mexican wife someday. Just so long as she stays there when I return home to the States.I agree Mossman, I use my CC in Cozumel twice a year and have never had a problem. Besides if the exchange rate is say 12.75:1 with cash you get 10:1 maybe 12:1 but with your card you get 12.75:1. I have had no trouble in Cozumel but I don't act stupid (drunk) don't stay out late at night and take my Mexican wife with me.