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Some news is currently hot topic among travelers to Argentina. The Argentine government said twee ago that tourist card payments at dollar Blue rate. Actually, it will be the dollar MEP rate which is close to the dollar blue rate. But what about the tourist card payment at Dollar blue rate? Read this article before you make any card payment in Argentina!

Read also: where to stay in Buenos Aires? Neighborhood tips.

What about the tourist card payment at Dollar blue rate?

Is it working? No. The Argentine government launched many initiatives the last couple of months. Such as opening a tourist bank account and then withdrawing there. However, nothing happend. Next, was exchanging money at a special rate in an exchange office. But, some pesos leftover? Sorry you cannot exchange back because there is a limitation.

Now two weeks ago they launched the idea that tourist can pay with their credit and debit card at the MEP rate. Would be easy, but the Argentine government said that it is the responsibility of the card issuer to process the payment at that rate. In most of the cases it is Mastercard or Visa. But, from their side they say that it is the Argentine government responsibility.

Long story short, who will process it?

So nothing happend yet. And be careful when you pay now. It will be at the official rate. Also – as I said in one of my videos – touristic companies know of course that foreigners exchange their money at the “black rate”. Therefore, it often happens that you pay more pesos and will end up the same amount in dollars as the official rate.

5 december update: Nothing happened yet.

 

Author

My roots in Buenos Aires started as a tourist. After some great adventures in Argentina, I moved in 2017 to the metropolitan city of Buenos Aires. I felt a need for correct and honest information for tourists. That's why I love to write for you. Sharing my discoveries in Buenos Aires. I hope you enjoy the city as much as I do! Feel free to support us by "Buy me a coffee ". Means a lot to us. ❤️

10 Comments

  1. I’m in Argentina and it’s still not working, 3 weeks after it was announced. Given that the banks in Argentina are essentially owned by the government, I doubt it will ever be put in effect given there general lack of competence in nearly everything.

  2. Unfortunately, it is still not working. So I‘ll keep on exchanging at the „cuevas“. It is shameful that the government announces the new exchange to be effective as of November 4th and it is still not working. I am sure that the problem lies with the Argentine government.

  3. do you have any suggestions for paying for car rental in Argentina? They all seem to want paying by credit card which would probably mean the terrible official exchange rate.
    thanks
    Graham

    • Hi Graham, search on Google for a local car rental and ask to pay cash. In smaller cities they do it often.

  4. I am in Argentina now November 18 and have been testing this for a couple weeks….it is not working on my USA Credit Cards (Visa or MC)

  5. Shane, thank you for this update. and Glenn for your post. I will be travelling to Buenos Aires. My brother-in-law mentioend this new rate for foreigners using their credit cards, but clearly this seems easier said than done.

  6. Hi- Love your site.
    Usually get hotels near Ave Florida so I can find a blue dollar Cambio. But this time for a special reason I have a hotel near Ave San Juan and Ave Passeo Coln – San Telmo. Do you know of any trustworthy “cueva” around that area.
    Or I guess I am in for a long walk
    Kind regards
    David T – Tasmania

    • Hi David, there is exchange office in San Telmo. A “cueva” is more around Av. Florida.

    • Just go to any western union. My niece got a rate of 304 for one USD

  7. I used my Master Card few times this week (Nov. 7 to 11 ) and the exchange rate i got was 162. I have stopped using the card and I am only using cash that I received thru Western Union.

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