Money for Mexican trip

In the past when ever we visited all inclusive vacations we took US dollars. You can get good conversion rate at some currency exchange places. I use Guardian International in Toronto. If you are buying more than $1000 USD they will give better rate. I did  check their Mexico Peso exchange rate and it is not great.

This time we are taking some USD but we are going to try to get money from ATM in Mexico. We have also used Visa card to withdraw money when we visited India in 2008. We transferred money to the card before going to India and did not use the card for any other purchases. Since we had credit balance we were not  charged interest but we were charged $5.00 withdrawal fees each for each withdrawal.
One other precaution with  using credit cards and debit cards abroad  is that you need to inform your bank before travelling that you will be travelling.