Starting Out - Getting Money Online
 

Depositing money into a site (specially PacificPoker) they say just use my credit card. I've heard credit card companies are trying to not pay to online poker sites. I've also heard about Neteller. What is the best and safest way to put on money, and then get it out.

I've searched for this quite a bit, and couldn't find it and throughly reviewed the FAQ to see if its been covered yet, but couldn't find anything. So if it is somewhere, tell me I'm retarded and point me to it please.

Re: Starting Out - Getting Money Online
 

Neteller.

Re: Starting Out - Getting Money Online
 

www.neteller.com
www.firepay.com

Re: Starting Out - Getting Money Online
 

[ QUOTE ]
www.neteller.com
www.firepay.com

[/ QUOTE ]

I think, though I am not sure since it has been a while since I deposited money, the cost of depositing to neteller is considerably higher than firepay. (Though maybe they have multiple options and I just saw the one.)

A lot of people seem to think neteller is more reputable. I have not had problems with either, though I now use neteller almost exclusively since that seems to be a more readily available withdraw option.

Also, if you know you want to deposit at a specific site, look for bonuses that are tied to specific deposit mechanisms. For instance, UB ran a firepay deposit bonus recently. I am not sure if it was stackable with the initial deposit bonus or not, so the point may be moot.

Re: Starting Out - Getting Money Online
 

[ QUOTE ]

Depositing money into a site (specially PacificPoker) they say just use my credit card. I've heard credit card companies are trying to not pay to online poker sites. I've also heard about Neteller. What is the best and safest way to put on money, and then get it out.


[/ QUOTE ]

I ran into this problem earlier as well. FWIW, only Party and Paradise would take my credit card, which I thought was the easiest/safest way to get money onto a site. I used my first big cashout from Paradise to open a Neteller account and have been very happy with Neteller ever since.

My credit card companies also block Neteller. That's the reason for the convoluted path here.

Re: Starting Out - Getting Money Online
 

[ QUOTE ]
I think, though I am not sure since it has been a while since I deposited money, the cost of depositing to neteller is considerably higher than firepay. (Though maybe they have multiple options and I just saw the one.)

[/ QUOTE ]

I'm pretty sure you can EFT money into Neteller at no cost.

Re: Starting Out - Getting Money Online
 

[ QUOTE ]
I'm pretty sure you can EFT money into Neteller at no cost.

[/ QUOTE ]
As long as you don't do the instacash option it is free.

Re: Starting Out - Getting Money Online
 

i set up a separate bank account for on-line transfers and
use IGMPay with no fees or problems so far

~Maura

Re: Starting Out - Getting Money Online
 

Thanks for the help everyone, I'm going today to go setup a seperate bank account just to be safe, to use with neteller which I checked on the site and says its no cost for a EFT.

Re: Starting Out - Getting Money Online
 

Correct, EFT is no cost but takes days. Just know that when starting out. It will be 3-5 days before the money posts to your neteller account.

Re: Starting Out - Getting Money Online
 

Some sites will pay the instacash fees for you if you initiate the deposit within their software. (I'm pretty sure pacific does this)

Re: Starting Out - Getting Money Online
 

[ QUOTE ]

I ran into this problem earlier as well. FWIW, only Party and Paradise would take my credit card, which I thought was the easiest/safest way to get money onto a site. I used my first big cashout from Paradise to open a Neteller account and have been very happy with Neteller ever since.


[/ QUOTE ]

It's worth noting that you can't do this with Pacific (and several other sites I believe). They don't let you withdraw to Neteller unless you've deposited through it. I ended up having to have them send me a check, start a new bank account, start a Neteller account from there, and deposit a token amount just to get money from Pacific into Neteller.

Re: Starting Out - Getting Money Online
 

Pacific will deduct the InstaCash fee from your deposit, but then give you the fee back as a bonus. You then need to clear the bonus according to their standard bonus rules. Pacific also will not let you cash out to NETeller unless you've first made a deposit that way.

Re: Starting Out - Getting Money Online
 

Just thought I'd mention one site that let me cash out to neteller.

Celeb poker let me cash out to neteller but i may be an exception since I never actually made a deposit there either... I placed in one of their freerolls and built my BR from that