Instadebit limits and depositing suggestions?

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  • robzilla
    SBR MVP
    • 10-25-07
    • 3556

    #1
    Instadebit limits and depositing suggestions?
    I just opened an Instadebit account but im limited to 200.00 per week. I normally use my credit card, but the fees are between 2-5%. I can't use Neteller cuz Im canadian. Am I stuck using my credit card until my Instadebit limits go up?
  • betplom
    SBR Posting Legend
    • 09-20-06
    • 13444

    #2
    Instadebit limits start of low as you are aware. The good news is that many books (ie Matchbook, WSEX, Bet365, Greek, Pinny, SIA etc) will let you deposit with either Credit Card or Instadebit but allow you to withdraw back to Instadebit. I know because I've done it myself many times.

    The main benefit of Instadebit is how fast withdrawals hit your bank account, since it is done via ach/eft it is quick and there are no charges from Instadebit OR your bank.

    The other option is to use a book that will payout winnings back to a **** card (NOT **********) that you used to deposit, Canbet, Bet365 Mansion etc. do this.
    Comment
    • Stumpage
      SBR MVP
      • 09-21-05
      • 2906

      #3
      Robzilla, check with Instadebit about increasing your limit. I'm at $500 weekly now, an increase that went into effect when I emailed them my ID verification, if I recall correctly. Not a massive increase I admit, but a start nonetheless.
      Comment
      • robzilla
        SBR MVP
        • 10-25-07
        • 3556

        #4
        Went to Moneybookers to open an account, but you got to go to ur bank to fund the account if u are canadian. that is bullshit.
        I use ********** though money mart in canada. I dont know where u can get pre paid **** in canada.
        Comment
        • betplom
          SBR Posting Legend
          • 09-20-06
          • 13444

          #5
          Originally posted by robzilla
          Went to Moneybookers to open an account, but you got to go to ur bank to fund the account if u are canadian. that is bullshit.
          I use ********** though money mart in canada. I dont know where u can get pre paid **** in canada.
          I know that CAA in Ontario offers pre-paid ****, not sure about other provinces.
          Visit an office or check this link: CAA ****


          Moneybookers allows account funding using **** OR wire-transfer.
          I like Moneybookers, what I don't like are the fees levied by my bank RBC for incoming wire transfers.
          Comment
          • 20Four7
            SBR Hall of Famer
            • 04-08-07
            • 6703

            #6
            My instadebit limit is $1K per 7 days. I verified my ID and a bank account. Moneybookers can be funded with a CC. I wired them $500 and I have a 24K limit there now. I had an EFT set up with a poker site so I used a CC to move money to moneybookers to deposit, then I EFT to the poker site then withdraw to moneybookers. I do play some poker and they haven't stopped me from doing this.

            If your canadian use moneybooker IMO. What does Royal Charge for incoming wires betplom because TD charges me $10.
            Comment
            • punchmaster
              SBR Sharp
              • 09-29-05
              • 322

              #7
              Originally posted by robzilla
              I just opened an Instadebit account but im limited to 200.00 per week. I normally use my credit card, but the fees are between 2-5%. I can't use Neteller cuz Im canadian. Am I stuck using my credit card until my Instadebit limits go up?
              Is instadebit accepting USA customers and are books offering that option to USA customers?
              Comment
              • Stumpage
                SBR MVP
                • 09-21-05
                • 2906

                #8
                Sorry Punch, but Americans are banned at this point.
                Comment
                • betplom
                  SBR Posting Legend
                  • 09-20-06
                  • 13444

                  #9
                  Originally posted by 20Four7
                  My instadebit limit is $1K per 7 days. I verified my ID and a bank account. Moneybookers can be funded with a CC. I wired them $500 and I have a 24K limit there now. I had an EFT set up with a poker site so I used a CC to move money to moneybookers to deposit, then I EFT to the poker site then withdraw to moneybookers. I do play some poker and they haven't stopped me from doing this.

                  If your canadian use moneybooker IMO. What does Royal Charge for incoming wires betplom because TD charges me $10.
                  Royal charges $15 for incoming wires that are over $50. Free for wires less than $50, who gets wires for less than $50 I don't know.
                  Comment
                  • BAUS
                    SBR MVP
                    • 08-10-05
                    • 2191

                    #10
                    If you send Moneybookers ID and a utility bill, they will double your limits.

                    BAUS
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      Any good money transfer places are banned for Americans
                      Comment
                      • robzilla
                        SBR MVP
                        • 10-25-07
                        • 3556

                        #12
                        Instadebit said that my limits would increase soon, but i am still limited to 200 bucks. what's the deal?

                        They say that the limits are increased automatically by computer and that they have no control over this. is this true?

                        how long will i be waiting for my liimits to increase?
                        Comment
                        • nitsuj
                          SBR Rookie
                          • 12-16-07
                          • 4

                          #13
                          Originally posted by robzilla

                          They say that the limits are increased automatically by computer and that they have no control over this. is this true?

                          how long will i be waiting for my liimits to increase?
                          I've had my account for a while without an increase, so don't get your hopes up.
                          Comment
                          • durito
                            SBR Posting Legend
                            • 07-03-06
                            • 13173

                            #14
                            Send Bank Wires or Cashiers Checks. Must be tough putting food on the table at $200 a week.
                            Comment
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