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credit cards and changing money

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682 posts
16 reviews
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credit cards and changing money

are credit cards readily accepted ?

I keep hearing about exchanging money at the bank vs the

'Parallel market'

is this safe ?

it sounds kind of shady to me

Margarita Island
Destination Expert
for Margarita Island
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2,199 posts
4 reviews
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1. Re: credit cards and changing money

If you use credit or debit cards here in Venezuela you will be charged at a rate of Bs.4,3 to US$1 + any bank charges.

An example would be a purchase or cash withdrawal of Bs.100 would cost you at least US$23.25.

On the other hand if you bring US$ cash in $50s & $100s to exchange while you are here that same Bs.100 will only cost you about US$12.50.

Isla de Margarita
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1,179 posts
35 reviews
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2. Re: credit cards and changing money

Elvisneverlied-I see you posted in the el Yaque forum your questions about money exchange-I live in el Yaque so if you have any specific questions about el Yaque concerning exchange or anything else please feel free to send me a personal message.

3. Re: credit cards and changing money

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Removed on: 30 September 2013, 10:18
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