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Puerto Morelos forum: cash or travellers cheques??

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   Doncaster, United Kingdom
   Joined: Mar 2008
   Forum posts: 30
   Travel map pins: 25 

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Posted on: 6:35 pm, July 25, 2008

not long now.....getting ready to go in 2 weeks and need to get my money together.Can i use travellers cheques like cash in mexico and if not wots best dollars or pasos??

Cheers

DisneyMD

   Cozumel, Mexico
   Joined: Sep 2004
   Forum posts: 795
   Travel map pins: 179 

Dan_Kom
Posted on: 7:24 pm, July 25, 2008

Pesos!!

   Puerto Morelos, MX
   Joined: Jun 2006
   Forum posts: 1,225
   Travel map pins: 1 

destination expert  What's this?
for Puerto Morelos
PuertoMorelosFrank
Posted on: 1:29 pm, July 26, 2008

Travelers cheques have become very difficult to cash here. Even most money exchanges do not take them anymore. Bank ATM cards are the best bet. Much better exchange rate

   Doncaster, United Kingdom
   Joined: Mar 2008
   Forum posts: 30
   Travel map pins: 25 

Posted on: 3:48 pm, July 26, 2008

thanx looks like pesos it is and card for emergencies

   Guelph
   Joined: Aug 2007
   Forum posts: 27
   Travel map pins: 0 

Posted on: 9:45 pm, July 26, 2008

Frank has said in the past that your bank card is the best bet. Are there not service charges???

   USA
   Joined: Jan 2006
   Forum posts: 3,223
   Travel map pins: 63 

BobDidIt
Posted on: 5:41 am, July 27, 2008

While there are some people that feel Travelers Cheques are a waste of time, obsolete, and a major hassle to cash, I disagree. We have stopped using plastic in our travels except for emergencies (don’t forget to tell your cc &/or debit card company you will be in Mexico) and pay cash (peso’s usually). We travel with about 2 or 3 days cash and the rest in American Express Travelers Cheques. We exchange the Travelers Cheques at the resorts we have stayed at (nine different ones) with no problem and normally exchange for about 2 or 3 days expenses at a time. You can get a slightly better exchange rate away from the resort but for us it is not worth the extra hassle and stick with the rate at the resort. We have never had a problem with American Express Travelers Cheques (the key is American Express). We have been doing this every year for the past 14 years.

   Puerto Morelos, MX
   Joined: Jun 2006
   Forum posts: 1,225
   Travel map pins: 1 

destination expert  What's this?
for Puerto Morelos
PuertoMorelosFrank
Posted on: 4:41 pm, July 28, 2008

I can't speak for which resorts cash travelers cheques, just to the fact that the money exchanges here in PM stopped accepting them about 4-5 months ago.

As far as ATM fees, even with the standard fees from most banks the rate of exchange is still higher than the money exchanges

   Doncaster, United Kingdom
   Joined: Mar 2008
   Forum posts: 30
   Travel map pins: 25 

Posted on: 3:12 pm, July 30, 2008

thanx for all advice,its all sorted now and im looking forward to get there now

TripAdvisor™ Best Puerto Morelos Travel Deals

Expedia.com Hurry in and Book Now. This Sale and the Summer will be Gone Before you know it.
BeachDestinations.com Save on hotels in the Caribbean, Mexico, Hawaii & Costa Rica.
SolMelia.com Book now on the official site or call 1-888-95-MELIA