How do I pay for things in Costa Rica?
HOW DO I PAY IN COSTA RICA?
The answer to this question is different for everyone but we can give you some general ideas.
CASH AND CREDIT CARDS:
Most people wonder if they should bring cash, how much, and if they should switch it into colones (pronounced coe-LOE-nace) before they come here. We recommend that you bring around $50 to $100 US dollars in cash and a VISA or Master Card. There are other credit cards that are accepted, but VISA and Master Card are the most commonly accepted throughout Costa Rica. If needed, you can get a cash advance on a VISA card if you go to a large bank.
ATM MACHINES:
Various banks in San Isidro have ATM machines, where you can draw out dollars or colones. If you’re going to be here for awhile it’s best to draw out colones so that you can pay for things in the same currency and not worry about losing to the exchange rate. On the other hand, your card will automatically make the transition, but sometimes there are hidden fees added on. Be sure to ask your credit card company about fees before you come.
TRAVELER’S CHECKS:
Traveler’s checks can be a hassle – most businesses won’t accept them, or else they charge a large fee to cash them. Usually, you will have to go to a bank to exchange them. At the bank, you often times have to present multiple forms of identification and if the signatures don’t match up exactly it can create problems.
KEEPING YOUR MONEY SAFE:
Just remember to follow the same procedures you use in the United States to keep your money and credit cards secure.
You can feel secure about handling your money here in Costa Rica. No need to hold back!
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