Virtually all prepaid or reloadable credit cards are charging you the hidden fee inflated exchange rate , and even worse, they usually have additional obvious fees. You are better off using a no foreign exchange fee credit card.
But there is one option that truly does avoid both the hidden and obvious fees: The Stack Reloadable Mastercard. You install the free app, and within a few weeks they send you a reloadable Mastercard that you can load with funds from a variety of sources no fees for loading. When you make standard purchases with the Stack Mastercard , there are absolutely no foreign exchange fees, hidden or otherwise. When you withdraw cash from an ATM, you avoid the hidden foreign exchange fees inflated exchange rates , but you are still charged the obvious fee by the ATM provider.
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There's also the Revolut card which behaves the same way. This is generally a bad idea. Most credit cards consider this a cash advance, and start charging you interest immediately. Yes, there are sometimes ways around the interest charge, by overpaying your credit card first, but this can still be a bad idea for other reasons, and you'll still be charged a cash advance fee. I guarantee that this will be an even more inflated exchange rate than the one that Visa or Mastercard uses.
What you want to do is select the option to be charged in the currency of the country you're in, and let Visa or Mastercard use their typical 2.
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You may want to look into TransferWise. They use the real exchange rate, without the hidden 2.
There is still an obvious fee small percentage and fixed fee but they are transparent about it. Definitely Canadian.
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The exchange rates are set by the government and should be the same everywhere. Pesos are the best currency to use in Mexico. Convert some Canadian dollars to Pesos before you go, or when you get there. Jump to: The 4 best 'no foreign exchange fee' credit cards. Jump to: Ways you can exchange money - from worst to best.
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One trick you didn't mention is casinos. Most have currency exchange kiosks inside, and since currency exchange isn't their main form of making money, they rarely charge fees if they do, they're much less than the bank. Displayed here are job ads that match your query. Indeed may be compensated by these employers, helping keep Indeed free for job seekers.
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The 5 best 'no foreign exchange fee' credit cards
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