Luxury dining and high-end shopping can be expensive, but the city offers a wide range of options that make it accessible to various budgets. The currency is subdivided into 100 centavos, though you will rarely encounter coins or prices below 1 peso in the modern economy.
Using Credit Cards in Santiago Chile: What You Need to Know
ATMs and Currency Exchange ATMs, or "cajeros automáticos," are ubiquitous throughout Santiago and generally offer the best exchange rates for obtaining Chilean pesos. Most restaurants, hotels, and large retail stores accept debit and credit cards, including international brands like Visa and Mastercard.
Banknotes circulate in denominations of 1,000, 2,000, 5,000, 10,000, and 20,000 pesos, with the 2,000 note being the most prevalent in everyday use. It is customary to leave a tip of roughly 10% of the total bill in restaurants if the service charge has not already been included.
Using Credit Cards in Santiago Chile: Acceptance and Tips
As of late 2024, the rate sits roughly around 900 to 1,000 Chilean pesos per US dollar, though this is a moving target. Navigating the financial landscape of Santiago requires a solid understanding of the Chilean currency, the official tender used for every transaction in the bustling capital.
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