The big cities and tourist-oriented holiday areas in Chile accept credit cards very well. In many places, withdrawing money from banks and ATMs is free or only costs a small fee, depending on the institution and / or credit card provider. You should have enough cash with you to visit rural regions, especially in the mountain villages, preferably in peso coins.
Good acceptance of credit cards in Chile
Acceptance of credit cards is very good in Chilean cities. ATMs are available here, where you can withdraw money with an EC card, Maestro card and V-Pay. Large shops, upscale restaurants and urban hotels also accept Visa and Mastercard. Withdrawing from an ATM is free of charge in many places or involves only minimal fees.
When traveling through rural areas or shopping in small shops, you should always carry some cash with you. Because outside of the metropolises, the ability to withdraw and pay with credit cards in Chile is not yet guaranteed across the board.
You should pay attention to this with the credit card providers in Chile
Chilean credit card providers accept the ec-Card, maestro and Mastercard everywhere. However, you should explore in advance what the withdrawal fees at the available ATMs are. With one-off withdrawals, the fees are generally cheap, with multiple disposals, depending on the credit card provider, they increase in some cases not insignificantly.
Visa or Mastercard are the best accepted credit cards in Chile. Especially in the large holiday areas Viña del Mar, Santiago de Chile, Puerto Montt, La Serena or Valparaíso, you can easily pay with these two common credit cards in restaurants and shops, even in many cultural institutions.
Choosing a credit card offer can save a lot of money
You can save a lot of money by choosing a specific credit card offer. Your contract determines how often you can withdraw money abroad free of charge per year. The best conditions are conditions that do not impose any fees on the frequency of withdrawal. Some providers even give you a premium for using the offer. Some providers also provide you with a small starting credit.
Alternative means of payment in Chile
The Chilean currency in Chile currently consists of pesos. There are banknotes of 1,000, 2,000, 5,000, 10,000 and 20,000 pesos as well as coin money in the divisions 1, 5, 10, 50 and 100 pesos. Instead of exchanging USD for pesos in Germany, the exchange in Chile itself is cheaper because of the better exchange rate.
You can easily introduce cash and travelers checks up to amounts of USD 10,000 without the need for declaration. If you want to exchange USD for local currency, you can find exchange offices with the best rates in Valparaíso and Santiago. In other large cities, many casa de cambio (exchange offices) prefer the US dollar and spend more pesos on it than on the USD. Popular tourist areas also offer a good exchange rate in restaurants, destinations and shops.