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Old April 12th, 2002, 10:03 AM
Lh Lh is offline
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Default How much to take in Canadian dollars?

I was wondering if anyone had an estimate of how much money to exchange into Canadian dollars from US money.

My friend and I are spending a night in Vancouver before our cruise. We plan to do some sightseeing. We will also need money for lunch, dinner, and breakfast and possibly lunch the next day.

How much should we take? Do they take credit cards like Visa, Mastercard, etc like they do over here? I hope that credit card question doesn't sound stupid, but I was just wondering about it since it will be in foreign currency. And if they do take credit cards at restaurants, shops, etc, how is it charged on the bil when you get the monthly statement?

Thanks,
Lisa
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Old April 12th, 2002, 11:49 AM
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Default Re: How much to take in Canadian dollars?

Kuki and HeatherBC are the right people to answer this authoritatively, but I'll take a shot.

From what I know, US dollars are regularly accepted in Canada.

How it works with credit cards is that your credit card company applies the exchange rate on the day of the charge. Then you get a nice surprise (maybe) when you receive your bill.

You will be charged in US dollars at the then exchange rate.

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Old April 12th, 2002, 12:22 PM
Mike Mastellar
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Default Re: How much to take in Canadian dollars?

Lisa;
Visa, Mastercard, Amex are as accepted in Canada as they are in the U.S. You will be charged what ever the exchange rate at time of purchase is. Last I checked one US dollar was equal to 1.58 Canadian dollars.

Also you can use your ATM card to receive money in Canda. Cirrus and Plus ATM's are widely available in Vancouver. If you need small amounts of cash this is a nice way to go. You will also get the current exchange rate at time of withdrawl. So if you withdrew $100 canadian dollars your bank account would be charged $63 US.

I hope you have a great time in Canada and be prepared to see some beautiful sights on the cruise.

Take Care;
Mike
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Old April 12th, 2002, 12:28 PM
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Default Re: How much to take in Canadian dollars?

Hi Lisa,
You've had pretty good advice (as usual) from Mike and Pam. US dollars are gladly accepted, but you should watch the exchange rate you're getting, if you choose to use them.
All credit cards are accepted.. no problem.. even in taxis I believe.
Except for a small amount of Canadian dollars for incidentals, the best way to go is the credit card.

I had a friend who came me to visit us in Canada. He used his credit card for all purchases and with the favorable exchange rate, when he got his credit card bill, he had a credit on it ..

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