Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Going to the falls, have a money question?

I'm planning a trip to Niagara Falls in the near future and I was wondering if I would have any problems with using my debit card while I was there (any issues with vendors accepting it or being charged because of the different currencies). I am bringing cash, but I dont like carrying a lot of it (I wouldn't feel comfortable carrying enough for the hotel fees and other related expenses).

9 Answers

Relevance
  • Anonymous
    2 decades ago
    Favorite Answer

    You can use your debit card wherever it's accepted, like if the sign says Visa, Mastercard, etc.

    Your purchase is charged at that day's exchange rate, which can change from day to day.

    Since it's Canada, you probably won't see massive fluctuations in the rate.

  • 2 decades ago

    Yes you can use your debit card in 99% of places just like in the USA. Travellers cheques are a pain in the *** (I'm a cashier and it's a huge hassel.) Check with your bank to find out what it will charge you for each transaction in non-US funds- your bank decides that not the shops in Canada. I find it is easier to just use the ATM a few times and take out enough to keep me going for a while.

  • 2 decades ago

    check with your bank to be sure.

    on the back of the debit card you should have the Plus logo which means that it will work out of country.

    the exchange rate right now, is about 10 cents on your US dollar.

    so for every US dollar, you will get a 1.10.

    Enjoy your visit, the falls are fantastic!

  • 2 decades ago

    Debit card is definitely the safest way to go. Most places take it (but not all) and the US/Canadian dollar difference isn't an issue - most banks give you that day's exchange rate.

    However, be warned that the US Dollar / Canadian Dollar exchange rate is the worst in years - so your dollars won't go far.

  • How do you think about the answers? You can sign in to vote the answer.
  • 2 decades ago

    Is it linked to a major credit card carrier, like Visa or Mastercard? If so, you have no problems. Their network is global.

    The US charges will be in dollars, and you might get knicked on the exchange rate, but otherwise, no problem.

  • NYman
    Lv 4
    2 decades ago

    I went to London and didn't have a problem at all. Saves you carrying cash and having to deal with merchants not wanting to take travelers checks.

  • 2 decades ago

    DON'T BUY TRAVELLERS CHEQUES!

    you get charged for the exchange when you buy them (assuming you buy them in Canadian $) and stores don't like taking them and often you get charged a premium to use them you you definitely get charged to cash them in

    Use your debit and credit cards!

  • 2 decades ago

    Doesn't anyone use travellers cheques anymore?

  • ?
    Lv 7
    2 decades ago

    buy travelers checks much safer if lost or stolen

Still have questions? Get your answers by asking now.