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Cash or Cards

Posted By: alwgarrett

Cash or Cards - 06/13/09 03:31 PM

How many places take credit cards on Abergris Caye? I'll be spending two weeks on the island and need to know how much cash I need to bring.

Thanks for the help.
Posted By: Peter Jones

Re: Cash or Cards - 06/13/09 03:36 PM

Almost universal, though people like street vendors don't take them. That's Visa and Master - Amex is far less widely accepted.

They're quite expensive for the merchants, more so than in the US etc, so your bargaining power will be greater if you take cash.

Travellers' cheques are also widely accepted, and give you almost the bargaining power of cash.
Posted By: Moose In Belize

Re: Cash or Cards - 06/13/09 03:42 PM

I haven't found a restaurant that didn't take AMEX, although there are probably a few. Visa and MC should be fine everywhere.
Posted By: GBZ39

Re: Cash or Cards - 06/13/09 06:00 PM

Best bet is CASH......as much as you can bring. There is a limit of US$ 5,000 to bring in without declaring it.

With US$...actual bills... the rate is exactly 2 to 1.

Your best card is Capital One. They don't hit you with a foreign exchange fee. This can be a savings of about 2%.
Posted By: Teach

Re: Cash or Cards - 06/13/09 06:56 PM

Is the limit $5,000 per person?
Posted By: SimonB

Re: Cash or Cards - 06/13/09 07:16 PM

I believe it's $10,000US per person.
Posted By: captjeff

Re: Cash or Cards - 06/13/09 07:31 PM

HERE IS MY THOUGHT ON THIS I HAVE BEEN COMMING DOWN FOR OVER 7 YEARS ALL MOST EVERY MONTH I EAT OUT ALL THE TIME I USE CREDIT CARD TO PAY EVERY MEAL EXCEPT AT ESTELLS ON THE BEACH AND WAGUMMAS THEY TAKE CASH ONLY AND A FEW THE OTHER SMALLER PLACES AND VENDORS ..YES IF YOU USE A CREDIT CARD THE CREDIT CARD COMPANY CHARGES A FEE ..NO BIG DEAL THIS IS YOUR VACATION .I THINK YOU NEED SOME CASH BUT TRAVELERS CHECKS ARE BETTER THAN CASH FOR SAFTETY REASONS YOUR HOTEL WILL CASH THEM FOR YOU .IN BELIZE DOLLARS TWO TO ONE ..I AM THINKING OF THE SAFE FACTOR THING HERE WALK AROUND WITH JUST A SMALL AMOUT OF CASH AND ONE CC LEAVE ALL THE REST OF YOUR MONEY / TRAVELERS CHECKS /CREDIT CARDS IN YOUR HOTEL SAFE OR DEPOIST BOX THIS IS A MUST NOT IN YOUR ROOM .....ALL THE TOP AND GOOD HOTELS AND RESTURANTS TAKE MASTER /VISA AS WELL AS DIVE SHOPS .TOUR OPERATORS ALSO TAKE CC.SO YOU NEED CASH FOR SMALL THINGS TIPS AND BAR TABS AND MOST BARS TAKE CC TO /..IF YOUR TRYING TO GO CHEAP AND ARE SHORT MONEY AND THINK YOU CAN GET A BETTER DEAL FOR CASH IN SOME THINGS YES BUT I ASK YOU IS THE JUICE WORTH THE SQUEEZE . I THINK NOT ..AND YES THATS $5000 US PER PERSON OR TWENTY THOUSAND BELIZE PER COUPLE AT 2=1 YOU CAN BRING IN MORE BUT YOU NEED TO FILL OUT A FORM AT CUSTOMS THAT YOU ARE BRINGING IN MORE US FUNDS CASH OR CHECK . THATS A BIG BAR TAB ..JUST MY OPINION COME DOWN AND LIVE THE DREAM IN PEACE ..
Posted By: J DOG

Re: Cash or Cards - 06/13/09 09:14 PM

CASH CASH!!
Don't forget that nasty foreign transaction fee when you use your credit card.
Posted By: GBZ39

Re: Cash or Cards - 06/14/09 01:13 AM

Simon....it is US$5,000....http://www.customs.gov.bz/traveller_info.html
Posted By: Otteralum

Re: Cash or Cards - 06/14/09 02:12 AM

I prefer the saftey and convenience of CC for dinners, lodging and excursions.

I always bring plenty of cash also though. We usually hop from bar to bar and have 1 or 2 drinks at each -- it just makes more sense to pay cash when doing that.
Posted By: chidiver

Re: Cash or Cards - 06/17/09 03:09 PM

I'm little confused -- usually, i just go to an ATM for cash and the best exchange rate. Is this not possible on Ambergris?

Posted By: azbob

Re: Cash or Cards - 06/17/09 07:26 PM

Several ATM's, but they have been known to run out of money. Of course it will be BZ$. Check with your bank to see if they charge a service fee. It's different for Belize than in Mexico. Exchange rate is the same everwhere 2(BZ$):1(US$) no matter where.
Posted By: SimonB

Re: Cash or Cards - 06/17/09 07:56 PM

Oops, my bad.
Posted By: Coco Loco Lady

Re: Cash or Cards - 06/17/09 11:31 PM

We usually use Traveler's Checks
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