Money Tips in Mexico // Life in Puerto Vallarta Vlog

SPANISH PHRASES-126

Where to Get Pesos in Puerto Vallarta

If you are coming to Puerto Vallarta, Mexico we highly suggest you exchange your US dollars for pesos. You can pay in dollars at most places, but they are going to give you change in pesos and their exchange rates are usually not so favorable.

We typically get our pesos at one of the three ATM’s shown below. They are all attached to a large bank and we have never had any safety concerns at any of them.

Here is what we look for when trying to find an ATM to use:

  • Is it part of a bank?

We have heard some horror stories about people using the “cashola” ATM’s. These are the freestanding machines that you may see in some stores or just randomly on the sidewalk. They can’t all be bad, but I just don’t trust them. We prefer going to a bank ATM because if something goes wrong we can just go inside the store and try and straighten it out.

  • Is it in a populated area?

We try to look for ATM’s that are in a semi high trafficked area. We don’t want to use one on Time’s Square, but we also don’t want to use one on a small back road! If something were to happen (us getting robbed), we want enough people to be around that somebody else will see if happen, but not so many people that it is too easy for everybody to do nothing.

  • How much money can you get out?

This one is hard to know in advance, but through trial an error we have found that Intercam will only let us take out 3,000 pesos, Bancomer will let us take out 6,000 and CIBacno will let you take 6,000 as well. That may not be very important if you are only coming for a week, but we like to get out at least 5,000 pesos at a time so that it will last us a few weeks.

Can I use my debit/credit card?

Some establishments will let you pay with a card, but those places are few and far between. I would have a credit card on hand, but plan on making all of your purchases with cash!

Other Tips

  • Be sure to let your bank know that you are traveling to a different country so that your card does not get flagged
  • You can also exchange your dollars for pesos at your bank in the United States
  • What about using the exchange booths at the airport?
    • I am going to the airport today and I am going to figure out what their rates are for you!

Keep it Kinetic,

 

Greg and Hillary

  • Chris Gowan

    Hey guys. Great vid, very helpful. We are
    heading down in November and just had that discussion. This is helpful

    I’m from Calgary Alberta, I’ve been watching all your videos over the last few months. I love seeing what you guys are doing. Unfortunately my job as a firefighter does not allow me to work abroad but I live vicariously through you guys hahaha. My wife works for an airline so we get cheap flights. With that, I’m making a hard push for us to go the vrbo route and stay local because of all I’ve seen from your vids.

    Keep up the great work guys. You’ve inspired me.

    Chris

    • Hey Chris! I apologize for the slow response! I have been sick the last few days. So sick that I messed up the consecutive days of posting a video streak that I had going:( You could definitely find something on VRBO or Airbnb in the zona romantica or Cinco de deciembre. You’ll save money and have more fun in my opinion! Thanks so much for watching and following along. It’s hard to believe that we inspire anybody, but I am glad that we do! We made this jump to moving here because of people that had a big influence on me! We could’ve used you when we had a small fire in our old apartment. we called the fire department and they sent the lifeguards lol