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Topic: Spending money in Canada

in Forum: Annual C3VR Member Gathering

Spending money in Canada

Posted: 3/4/19 7:05am Message 1 of 7
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Eagleville, PA - USA
Joined: 11/1/2001
Posts: 18375
Vette(s): Used to own a 1979 Corvette now owned by JB79
How will be be able to spend money during this trip? Should we get Canadian cash? If so, where? Is it ok to simply use a credit card for everything?


-Adam Wartell
NCM Lifetime Member #1222
Founder: C3 Vette Registry 
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Re: Spending money in Canada

Posted: 3/4/19 3:04pm Message 2 of 7
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Burke, VT - USA
Joined: 1/23/2002
Posts: 7280
Vette(s): SOLD - "The Toy" - '70 Convertible
SOLD - "The Beast" - '90 ZR-1 (#682)
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"BLUBYU" - '04 Coupe
It's been my experience to do as much as you can on a debit/credit card.  The exchange rate is done the day the transaction is posted (I believe).  Just make sure you let your card provider know you'll be traveling out of the country so transactions don't get blocked.

And some cash in the pocket is always a good thing.  Your "home" bank will probably do the exchange without charging a fee.  But most any bank in Saskatoon should work as well.  A cash advance from an ATM in Canada would be another way to get some pocket money but most credit cards charge a fee for it.  Getting cash back on a purchase from a retailer may work as well.



Jim Olson 

"The Toys"...!!!  Save the Wave!

Where I've been in a Corvette...!!!

Re: Spending money in Canada

Posted: 3/4/19 3:27pm Message 3 of 7
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Grapevine, TX - USA
Joined: 8/26/2006
Posts: 1522
Vette(s): 1972 LT-1 convertible with factory air. 2017 Black Rose Grand Sport convertible.
A lot of credit cards charge a fee for a foreign transaction.  It's probably worth it avoiding the hassle of exchanging a bunch of money. 


   

Re: Spending money in Canada

Posted: 3/7/19 12:30pm Message 4 of 7
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Warner Robins, GA - USA
Joined: 2/16/2003
Posts: 244
Vette(s): 1978 Base model, White w/red int. L-48, 4-speed, wide ratio. Has 82 CE wheels. New HEI & LT1 Headers now. UPDATE, NEW Tremic 5-SPEED installed. 2007 C6 Yellow Conv. Loaded. UPDATE-Sold Sept. 2021 2016 C7 Yellow Coupe, Z-51, lots of other options.
We got Canadian cash from Bank of America. Don't do that!!! The exchange rate was 75.6 cent, that day. They charged 79.8 per dollar plus $8.10 service fee. I don't know about other banks but that is RIDICULOUS. I will use a credit card from now on.


Re: Spending money in Canada

Posted: 3/8/19 5:44am Message 5 of 7
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Canada
Joined: 12/24/2013
Posts: 414
Vette(s): 1975 L48 Stingray 1992 LT1
I don't get it guys, I always take US money with me, I go to the bank and they do the exchange, yes they add a little to the exchange, but cash is always good to have in your pocket would never rely on plastic alone.  What would you do if your card wouldn't work for some unknown reason, or their banking machines are down, without some cash on hand you will be stranded


Re: Spending money in Canada

Posted: 3/15/19 10:25am Message 6 of 7
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Canada
Joined: 8/31/2018
Posts: 1
Vette(s): 1969 Tri-Power 4-spd convertible w/ hard top. Numbers matching, stock, with tank sticker
Guys - this is Canada not the jungles of South America!

Pretty much every retailer/restaurant/hotel accepts U.S. Currency, and your ATM/credit card should be fine everywhere. 

With that said - whenever I go to the U.S., I always bring a bit of U.S. cash with mae also. ;-)

Rob



Re: Spending money in Canada

Posted: 3/16/19 11:23am Message 7 of 7
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Waterford, MI - USA
Joined: 9/13/2002
Posts: 1749
Vette(s): 1973 Red coupe
I have spent lots of time in Canada A Most places take American but I always used a credit/debit card The exchange rate will show in the bill


Brian - NCM Lifetime Member

73 coupe L48, Flat-top pistons, Performer RPM Heads, Crane Cam and roller rockers, Holley 650 vac sec. Performer intake,
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in Forum: Annual C3VR Member Gathering


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