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Old 04-02-2007, 06:11 PM
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I posted this on the D.R. topic but no one replied....

How hard is it to use credit cards in the D.R? And how hard is it to exchnge money? What is the cost?
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Old 04-02-2007, 08:35 PM
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I really can't help much regarding credit cards but having lived there, it is very simple to get dollars exchanged.

Currently, the US dollar is worth around $ 16.40 pesos. You can make the exchange in almost any bank. Just be sure to check the rate of exchange for the day through the local paper or news source.
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Old 04-03-2007, 01:55 AM
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I just learned something. I did not know the Dominican Republic used Pesos.

Thanks Chef Ken!
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Old 04-03-2007, 03:26 AM
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When I visited Punta Cana last year I had no issues using my CC. I used my AMEX to rent jeeps and stuff outside the resort. Just make sure you notify the CC company you will be traveling, I had an embarassing situation arise my first day there until I called and got it straigtened out.
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Old 04-03-2007, 04:45 AM
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Most places will take credit cards.

No need to exchange money, they are happy to take your American dollars.
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Old 04-03-2007, 05:49 AM
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The biggest positive in using cash is you won't pay $16 plus bucks for a dollar item, right? How does the CC company know not to charge you dollars for what would be pesos?

Maybe that's automatic and I just don't know that.
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Old 04-03-2007, 11:50 PM
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Ya, I will have to figure that out chef, thanks for the heads up. I dont have an AMex....no one takes amEX!!!!
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Old 04-04-2007, 11:24 AM
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Some Beach,

Amex used to be a highly sought after card but the merchant processing of American Express is .75 to a 1.00 more than VISA and MC. When do you go?

Ken
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Old 04-04-2007, 09:18 PM
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Chef Ken is right about merchant fees. But if they take credit cards is more likely they take Visa and MC. I used my SeaMiles card without any prob in Cozumel for shop purchases.

But a roadside vender or someone else may not take any credit cards. Jude made a good point of notifying your card issuer when out of the country.
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Old 04-04-2007, 09:56 PM
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I am heading out late summer.
 
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