Where to exchange money in Minneapolis
If you’re planning a trip to Minneapolis, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Minneapolis. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
Where to exchange money in Minneapolis
If you’re planning a trip to Minneapolis, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Minneapolis. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
Spend abroad without hidden fees
Currency exchanges in Minneapolis
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Minneapolis.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| Your Exchange Money Center Columbia Heights | 4639 Central Ave NE, Columbia Heights, MN 55421, USA | +1 763-574-0094 |
| Comptroller of the Currency | 222 S 9th St UNIT 800, Minneapolis, MN 55402, USA | +1 612-332-3071 |
| U.S. Bank Branch | 80 S 8th St, Minneapolis, MN 55402, USA | +1 612-337-7051 |
| Western Union | 655 Nicollet Mall, Minneapolis, MN 55402, USA | +1 612-339-0363 |
| Your Exchange Money Center Fridley | 7315 Hwy 65 NE, Fridley, MN 55432, USA | +1 763-784-7330 |
| TAAJ SERVICE MINNEAPOLIS | 2833 13th Ave S #120, Minneapolis, MN 55407, USA | +1 612-584-4965 |
| Tawakal Money Services | 200 W Lake St Unit 144, Minneapolis, MN 55408, USA | +1 612-770-3327 |
| LibertyX | 2526 Central Ave NE, Minneapolis, MN 55418, USA | +1 612-788-2524 |
| Coinstar | 1104 Lagoon Ave, Minneapolis, MN 55408, USA | +1 800-928-2274 |
| Kaah Express | 2429 E Franklin Ave, Minneapolis, MN 55406, USA | +1 612-338-2116 |
| Western Union | 1818 Lowry Ave N, Minneapolis, MN 55411, USA | +1 612-588-0973 |
| LibertyX | 3759 Chicago Ave, Minneapolis, MN 55407, USA | +1 612-821-6444 |
| Amal Money Wire | 1806 Riverside Ave, Minneapolis, MN 55454, USA | +1 612-332-6893 |
| Wabash Management Inc | 90 S 7th St, Minneapolis, MN 55402, USA | +1 612-359-6200 |
| Currency Exchange International | 4300 Glumack Drive, Terminal 1, Main Mall, St Paul, MN 55111, USA | +1 612-727-1657 |
| ACE Cash Express | 527 W Broadway, Minneapolis, MN 55411, USA | +1 612-522-4567 |
US dollar rate today
The accepted currency in Minneapolis and across United States is the US dollar.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the US dollar is USD. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Minneapolis
When exchanging money in Minneapolis or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in the US long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in US dollar for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in the US banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local bank details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Minneapolis. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
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