Neteller ATM card testimonials please!!!

[bogey]

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If you cashout 800 from party, you'll get 800 in neteller. The ATM neteller debit card is from a differant company from Canada. You have to then transfer the 800 from neteller to the card. This costs 2 dollars + 1,9% in currency exchange fees cause the cards currency is always CAD. The fee is then about 15,20 USD + 2,00 USD for moving 800 dollars to card.

It is convenient but expensive.

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there are no currency exchange fees, everything is always in USD, im 100% sure about this

[Nightwish]

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Excellent question. How do I see my balance on the ATM in Netteller?


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AFAIK, you can't. They have a link on their webpage that supposedly lets you check, but it's always broken. Just keep a spreadsheet where you keep track of this stuff.

[pokerraja]

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I'd rather just wait the 1-2 days for an EFT transfer to my bank account. Its free, and close to instant enough for me.

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I'll be honest im by no means hurting for cash. I just like the idea of having hard cash quickly available after a big day, kinda of like the casino feeling. Also, have money available for partying, gambling, shopping.

Not to mention, this ATM card leaves no paper trail, comments?

[Nightwish]

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If you cashout 800 from party, you'll get 800 in neteller. The ATM neteller debit card is from a differant company from Canada. You have to then transfer the 800 from neteller to the card. This costs 2 dollars + 1,9% in currency exchange fees cause the cards currency is always CAD. The fee is then about 15,20 USD + 2,00 USD for moving 800 dollars to card.

It is convenient but expensive.

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damn that is expensive. i didnt realize those other fees. i can deal with a few bucks, but $20 is too much. I guess i need to read the fine print when i get it and then decide.


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What the previous poster said may apply for other countries, but it doesn't apply for the US. In the US, the only fees are: $2 to transfer money from Neteller to the card, $1.50 to access the card in an ATM machine, and whatever the ATM owner wants to charge you (some ATMs are free, others are not, this is usually noted on the machine itself). There are no other fees in the US.

Also, the $1,000 limit is for transferring money from Neteller to the card. It resets every 24 hours. The limit for withdrawing from the card in an ATM machine is much higher, something like $2,500 or $3,000 per day.

[Nightwish]

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Not to mention, this ATM card leaves no paper trail, comments?

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This is wrong. The card is issued by a US bank. I also wish you'd stop asking this particular question.

[surfdoc]

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If you cashout 800 from party, you'll get 800 in neteller. The ATM neteller debit card is from a differant company from Canada. You have to then transfer the 800 from neteller to the card. This costs 2 dollars + 1,9% in currency exchange fees cause the cards currency is always CAD. The fee is then about 15,20 USD + 2,00 USD for moving 800 dollars to card.

It is convenient but expensive.

[/ QUOTE ]

damn that is expensive. i didnt realize those other fees. i can deal with a few bucks, but $20 is too much. I guess i need to read the fine print when i get it and then decide.


[/ QUOTE ]
What the previous poster said may apply for other countries, but it doesn't apply for the US. In the US, the only fees are: $2 to transfer money from Neteller to the card, $1.50 to access the card in an ATM machine, and whatever the ATM owner wants to charge you (some ATMs are free, others are not, this is usually noted on the machine itself). There are no other fees in the US.

Also, the $1,000 limit is for transferring money from Neteller to the card. It resets every 24 hours. The limit for withdrawing from the card in an ATM machine is much higher, something like $2,500 or $3,000 per day.

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So, in order to minimize fees if you want 2K or so it would be best to transfer this into your Neteller account and make ONE ATM withdrawal. Correct? Is there any way to know how much the ATM machine will actually spit out at one time i.e. the ATM limit?

[Nightwish]

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If you cashout 800 from party, you'll get 800 in neteller. The ATM neteller debit card is from a differant company from Canada. You have to then transfer the 800 from neteller to the card. This costs 2 dollars + 1,9% in currency exchange fees cause the cards currency is always CAD. The fee is then about 15,20 USD + 2,00 USD for moving 800 dollars to card.

It is convenient but expensive.

[/ QUOTE ]

damn that is expensive. i didnt realize those other fees. i can deal with a few bucks, but $20 is too much. I guess i need to read the fine print when i get it and then decide.


[/ QUOTE ]
What the previous poster said may apply for other countries, but it doesn't apply for the US. In the US, the only fees are: $2 to transfer money from Neteller to the card, $1.50 to access the card in an ATM machine, and whatever the ATM owner wants to charge you (some ATMs are free, others are not, this is usually noted on the machine itself). There are no other fees in the US.

Also, the $1,000 limit is for transferring money from Neteller to the card. It resets every 24 hours. The limit for withdrawing from the card in an ATM machine is much higher, something like $2,500 or $3,000 per day.

[/ QUOTE ]

So, in order to minimize fees if you want 2K or so it would be best to transfer this into your Neteller account and make ONE ATM withdrawal. Correct? Is there any way to know how much the ATM machine will actually spit out at one time i.e. the ATM limit?

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Most ATMs will not let you withdraw that much. I know Washington Mutual lets you withdraw $800 per transaction.