Neteller is a payment method used by many people throughout the world when it comes to funding an online gambling account, so you won’t be surprised to learn that there are many advantages to using it.
The biggest is the fact that Neteller is accepted pretty much everywhere though – you’ll struggle to find an online casino that doesn’t accept deposits and withdrawals using this payment method. The fees are also more than reasonable – although they are higher than using methods like VISA and MasterCard – and the Neteller sign-up process is a quick and simple one. Finally, Neteller offers fantastic security, as your details will never be shared with an online gambling site when you gamble online.
The only real disadvantage to using Neteller is the fact that some sites restrict bonuses to those using this method to deposit. This means that you should check the bonus terms and conditions before deciding to sign up with an online gambling site. The top real money online gambling sites recommended by us don’t penalise people for depositing using this method though.
NETELLER transfer fees and exchange rates
If you want to deposit using Neteller, you’ll first need a Neteller account, and one of these can be set up in a matter of minutes, simply by visiting the Neteller site. You will then need to add money to your Neteller account, and this can be done using a credit or debit card, as well as by using many other methods. Then it’s simply a case of heading to your online gambling site and selecting the Neteller option when you make a deposit.
The following are some examples of what you will pay:
Deposit Fees – Putting money into your Neteller account can mean a fee from as low as 1% to as high as 8%, depending on which payment method you use.
Withdrawal Fees – Taking funds out of your Neteller account can cost as little as 1.9% capped at 18.53 € (or the equivalent in your currency), or as much as 25 €. Using your funds at merchant sites will cost nothing.
Card Fees – Using the Net+ card (outlined below) will have its own set of fees. Charges include a 3.99% foreign exchange fee, a 1.75% cash withdrawal fee, and 9.32 € to replace a lost/stolen card.
Currency Conversions – As with the Net+ card, Neteller charges 3.99% on top of all exchange rates. This drops further when you reach the VIP program.
Net+ Prepaid MasterCard
The Neteller Net+ prepaid card won the 2014’s Best Online Gaming Card of the Year. The Net+ Prepaid Card is a partnership with MasterCard to give you the ability to purchase online or in person with your own Neteller debit/credit card. You are even able to pull out cash through ATMs to use your money whenever. The card is free to purchase anything in stores, online, and restaurants. However, there a few monthly fees that come with the Net+ card that you should know about.
Net+ Fees:2.95% foreign exchange fee
2.99 USD monthly admin fee
3.00 USD paper statement fee
3.95 USD ATM withdrawal fee
5.00 USD to replace a lost card
Neteller offer a VIP Program available to all users, but only those with increased transfer activity will be able to reap all of the benefits. The level of VIP will be determined by the amount of money transferred per year – the minimum required to make the VIP Program is $10,000.
There are 5 levels, named Bronze, Silver, Gold, Platinum and Diamond. Bronze users ($10,000 transferred p.a) can benefit from VIP Fraud Guarantee, VIP Chat, increased ATM withdrawals up to $1k, and additional Reward Points.
Silver, Gold and Platinum levels ($50k-$500k transferred p.a) will enjoy all of the Bronze benefits but will also be able to (depending on level) operate multiple currency accounts, get increased transfer limits, have a dedicated VIP Manager, Next Day Cashouts, up to 3.3k Daily ATM Withdrawals limits, earn up to 20k Reward points, plus earn a multiple of 1.25points per 1USD towards the reward program.
If you transfer over $2m USD p.a and become a Diamond VIP then you’ll enjoy all of the previous advantages plus you’ll be able to earn 0.50% cashback, 50k Anniversary Reward points, 1.50 to 1 ratio reward points multiplier and a reduced FX fee of 1.25%
Customer Service & Support
Neteller offer a pretty extensive line of support for customers and it is offered 24/7. There is a direct line where you can contact Neteller from anywhere in the world and it also has 13 separate numbers to call from a range of countries. If you can’t log into your account, you can also request ‘Call Me Now’ and a Neteller agent will ring you back within one hour.
The email support is available in eight languages and will always endeavour to reply back in your chosen language within one business day.
Live chat support is available 24/7, so you can instantly connect with one of their many agents. However, the first time you contact Neteller Live Chat Support you may have the Pop-up blocked depending on what security software you are using – make sure to take note and allow Neteller through.
Find The Best NETELLER Online Gambling Site
If you want to play at the best online gambling sites around using Neteller, it’s really easy, as you simply need to choose one of the sites from our list of recommended places to play. All of our recommended sites have been thoroughly reviewed by an expert member of our team, and they all offer a fantastic selection of games, as well as some great bonuses. What’s more, they are also guaranteed to be incredibly safe to play at, meaning that your personal details will always stay totally secure with them.
Frequently Asked Questions
NETELLER is one of the most simple, secure and cheap ways to make money transfers and payments online. You get a NETELLER Account which you upload with cash and then it only takes a few clicks to deposit at Binary Option Broker, make purchases and transfer money to friends and family. A Net+ Prepaid MasterCard® can also be connected to your NETELLER Account and you can use it to buy things online or make withdrawals from ATMs that accept MasterCard worldwide.
When you’ve deposited money into your NETELLER Account you can use it however you want. Making a direct transfer to a Binary Option Broker is simple and so is making a purchase at an online store. You can see all your transactions as an itemised list and your account balance updates in real time.
Yes, they certainly do allow online gambling transactions – if they didn’t, this payment method wouldn’t be offered at so many different online casinos, sportsbooks and poker sites. There are a few countries in the world where NETELLER can’t be used at online gambling sites though, so check the terms and conditions before you sign up with them.
Deposits to online gambling sites made using NETELLER are instant, as they are for the vast majority of other payment methods available. This means that you won’t have to wait to play the many different games on offer. It usually takes an online gambling site around two days to process a withdrawal request.
It’s free to sign up for a NETELLER Account. Some deposit options, such as bank transfer deposits are also free, and your first virtual Net+ Prepaid Mastercard is free too but you will have to pay some fees when using NETELLER. Deposit Fees – Putting money into your Neteller account can mean a fee from as low as 1% to as high as 8%, depending on which payment method you use. Withdrawal Fees – Taking funds out of your Neteller account can cost as little as 1.9% capped at 18.53 € (or the equivalent in your currency), or as much as 25 €. Using your funds at merchant sites will cost nothing. Card Fees – Using the Net+ card (outlined below) will have its own set of fees. Charges include a 3.99% foreign exchange fee, a 1.75% cash withdrawal fee, and 9.32 € to replace a lost/stolen card.
Neteller is definitely safe to use, and as far as using it for banking at online casinos go, is arguably safer than using cards or bank transfers. Neteller is a massive company and so its security is world-class, with a 24/7 team on the lookout for suspicious account activity, and it also makes use of cutting edge SSL encryption, which would make it extremely difficult for any security breaches to occur.