Re: Credit Cards and Cash
#64862
03/17/03 09:54 AM
03/17/03 09:54 AM
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Joined: Apr 2000
Posts: 3,054 Asheville, NC USA
Lan Sluder/Belize First
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Credit cards are widely accepted -- mostly Visa and MC, sometimes Amex, rarely Discover.
Two small disadvantages to using them: One, some places, fewer these days but still some, do levy a surcharge, typically 3 to 5%. Two, most credit card companies will convert at a rate slightly lower than 2 to 1, typically 1.97 or so, and some may also add a conversion fee of around 1%. On small purchases the total isn't very meaningful, but if you're charging hotel rooms, tours, etc. the total "hit" can mount up.
--Lan Sluder
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Re: Credit Cards and Cash
#64863
03/17/03 10:26 AM
03/17/03 10:26 AM
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Joined: Dec 2002
Posts: 264 Cornwall Ontario Canada
Danl & the Boop
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Hi vacationbound; We just got back  a week ago and the bank machine at the banks will NOT take anything but Belize cards. The money exchange way north on front St. has the best rate on American Express cheques and you can get cash on your credit card there. Most of our purchases and meals were on Visa, and from the look of our update from the bank (on line) there were no service fees added. Have a wonderful trip; Dan'l
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Re: Credit Cards and Cash
#64867
03/17/03 01:47 PM
03/17/03 01:47 PM
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Joined: Apr 2000
Posts: 3,054 Asheville, NC USA
Lan Sluder/Belize First
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The surcharge I'm talking about is levied by the individual store, hotel, etc. in Belize, not by the credit card company. As I say, this is becoming less common in Belize, but quite a few hotels and other places, mainly the smaller ones, do levy a surcharge, typically 3% to 5% and I've seen it at one lodge as high as 10%.
The conversion fee and lower exchange rate are separate issues with credit card issuers, and these do vary.
--Lan Sluder
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Re: Credit Cards and Cash
#64868
03/20/03 09:59 PM
03/20/03 09:59 PM
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Joined: Dec 2002
Posts: 32 KANSAS
T IN BELIZE
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Hey Teenah, just an fyi the same thing happened to us, in AC early Jan., but just so you know and you can check back it is an older post(probably first to middle of february, I think) pull up credit card fraud, it has alot of helpful info, i guess from what i have read, the Atlantic Bank in AC did a major computer overhaul and obviously are having or had alot of problems, also just as an fyi, the merchants are not aware that you are being charged by them, I repeat they are not aware of it, it is all coming from the Atlantic Bank, you might notify your credit card company, (after reading Credit Card Fraud) and give them the heads up on the bank, I hope this helps, although I will also tell you its been over a month since we notified our Credit card company and we have not heard anything yet..... As I stated in the old post we cant wait to get back to AC, next time we will take cash or travelers checks, less headaches!!
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