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.
Santiago Chile Currency Safety Tips
Understanding the Chilean Peso The Chilean peso, denoted by the symbol $, is the sole legal tender in Santiago. While the city boasts extensive card coverage, you will still need cash for street food, small local markets, and public transportation buses.
You will often see prices listed as "Neto" or "Total," with "Total" implying that tax and a standard 19% VAT have been added. 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.
Staying Safe with Chilean Pesos in Santiago
Utilizing a credit card with no foreign transaction fees is often the most efficient way to handle conversions without carrying large sums of cash. Tipping Culture and Pricing In Santiago, tipping is not mandatory but is appreciated for good service.
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