Banks, Money, Credit, ATMs

ATMs are everywhere and I was pleasantly surprised to see Scotiabank here in Cancun. Since this is my bank I was able to take out money without being charged the regular $5 fee. It only cost 7 pesos for a transaction and I was able to pull $300 per day. Other machines gave me a $500 limit but they would also charge 5 bucks for a withdrawal.

Credit cards are widely accepted but I resorted to using cash only. Heard a few stories and wanted to be safe. So as a rule I wouldn't be worried using one at a big store like Soriana or Office Depot, but in other places where people take my card out of site I rather use cash (like in restaurants). A restaurant might have good recommendations but who knows about that waiter that is just serving you.

One more thing to note is their use of a dollar sign ($). It's used with pesos as well. So if you see a bikini on sale and the price shows $115 that's most likely in pesos (however, most likely in dollars if it's in the hotel zone).