FlyerTalk Forums - View Single Post - Mexico city ATM best practice

Apr 24, 2023 | 5:26 am

#1

raffe

Join Date: Dec 2021

Programs: Eurobonus

Posts: 38

Mexico city ATM best practice

Going from Sweden to Mexico City one week in August, and as not all places accept cards, we need cash.

I have Googled some, and have found this info.

A ATM is called Cajero.
When withdrawing money, decline exchange rate: “When the ATM asks you if you would like to accept their exchange rate, click DECLINE!!!!!!!!!! I cannot emphasize this enough. You should always decline their conversion offer and process the transaction normally”. according to https://beachpleasemexico.com/pesos-...in-mexico-atm/
Good cajeros are the ones that are owned by the banks, like the bigger ones:
- Santander
- Banorte (~45 pesos)
Also
- Intercam
- Inbursa
- CIBanco
- Banco del Bajío
Banks, but higher fees
- BBVA Bancomer (~100 Pesos)
- Scotiabank (partnered with Bank of America)

1. I will use my Wise VISA card to withdraw money. Do any of you have experience that says I should use any specific bank of the ones above?

2. Are there any differences between the ATMs in the airport and the ones in the city, like maybe there are some extra fees on the ones in the airport? Or does it not matter if you withdraw money at the airport or in the city?

Last edited by raffe; Apr 25, 2023 at 5:42 am Reason: Editing "good" banks. Thank you Global Adventurer

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