Neteller Debit Card?Good or Bad?

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  • datek23
    SBR Wise Guy
    • 01-08-06
    • 667

    #1
    Neteller Debit Card?Good or Bad?
    Any insight on Neteller Debit Card?
  • Bill Dozer
    www.twitter.com/BillDozer
    • 07-12-05
    • 10894

    #2
    It's great. Unlike most ATMS you can withdraw 1k per day (the atms I used never let me get more than $800). Fees are reasonable but it doesn't hold a candle to Paypal's master-debit card which pays the user 1.5% cashback when you buy something.
    Comment
    • datek23
      SBR Wise Guy
      • 01-08-06
      • 667

      #3
      Originally posted by Bill Dozer
      It's great. Unlike most ATMS you can withdraw 1k per day (the atms I used never let me get more than $800). Fees are reasonable but it doesn't hold a candle to Paypal's master-debit card which pays the user 1.5% cashback when you buy something.
      I believe it is average to good. That $1000 limit is nice, I wish could be more.

      In a way they force you to use the card if not a $5.00 dormont fee for the month. A $2.00 transfer fee. POS transaction $0.75, Don't you think that is somewhat taking advantage of the consumer? I guess that is the price to pay when doing certain business activities. I heard other people saying price grouching, depending on you you talk too.

      Regardless I do believe you need Netelller, since alot of American banks and Credit Cards are catching on offshore sportbooks that consumer send the money too. A lot of rejected payments all the time. Actually that is a excellent topic for another thread.

      Neteller is a excellent loophole around that rejection of banks and credit cards.
      Comment
      • datek23
        SBR Wise Guy
        • 01-08-06
        • 667

        #4
        Which banks still accept payment to offshore Sportbooks?

        Since last year, A lot of American Banks and Credit Cards are restricting or denialing payment to the Sportbooks if you pay by bank draft or credit card. Let me know if you bank or credit card allows the transaction to go through.

        1).Lasalle Bank, formerly Standard Federal-Allows the transaction.

        2). Charter One-Denials payment.
        Comment
        • quarm_
          SBR High Roller
          • 12-11-05
          • 133

          #5
          in europe its bad, you pay 2% fees and bank its only 2$
          Comment
          • SBR_John
            SBR Posting Legend
            • 07-12-05
            • 16471

            #6
            In a way they force you to use the card if not a $5.00 dormont fee for the month.
            This one gets me every month and I rarely use it. Its not the $5 but it is kind of insulting. Plus, if you leave the states it does not work. Maybe if you are in the UK it will work in all of Europe I dont know.
            Comment
            • freebie
              SBR MVP
              • 08-10-05
              • 1174

              #7
              It's pretty useless. Neteller charges me $2 to withdraw money to Debit card.
              Then when I withdraw money from bank of america ATM, they charges another $1.50

              ATM only allow me to withdraw $800 at the most.
              I guess if you're withdrawing a small amount, it would be okay. But if you're trying to move 6 to 8 dimes, it's useless.
              Comment
              • juuso
                SBR MVP
                • 10-04-05
                • 2896

                #8
                It should work in all the European union countries. It does work here in Finland on regular atm machines as one of my friends has one. It's good way to get money really fast, but there is currency conversion fee on top of the $2 dollars atleast if your neteller currency is in dollars as my friends account is (he is online poker player). For withdrawing 1000 you could prepare to pay about 30 for the conversion fees, so i'd rather take a bank wire anyday.
                Comment
                • SBR_John
                  SBR Posting Legend
                  • 07-12-05
                  • 16471

                  #9
                  juuso try it next time your up and about. I'm curious to know if it works up there where you are if you cross into another country. Any other Euro card holders?
                  Comment
                  • pags11
                    SBR Posting Legend
                    • 08-18-05
                    • 12264

                    #10
                    I don't use it but my buddy swears by it...
                    Comment
                    • Bill Dozer
                      www.twitter.com/BillDozer
                      • 07-12-05
                      • 10894

                      #11
                      Originally posted by juuso
                      It should work in all the European union countries. It does work here in Finland on regular atm machines as one of my friends has one. It's good way to get money really fast, but there is currency conversion fee on top of the $2 dollars atleast if your neteller currency is in dollars as my friends account is (he is online poker player). For withdrawing 1000 you could prepare to pay about 30 for the conversion fees, so i'd rather take a bank wire anyday.
                      Juuso,

                      Are you in Europe? If so that might explain it. US users get the Gold card that uses US banks and the Euro guys get the blue card. The gold card is on the star network which I don't think is in Europe?
                      Comment
                      • Bill Dozer
                        www.twitter.com/BillDozer
                        • 07-12-05
                        • 10894

                        #12
                        btw, we can't get both cards. Iv'e tried.
                        Comment
                        • Santo
                          SBR MVP
                          • 09-08-05
                          • 2957

                          #13
                          That's weird.. the blue card works here and in the US, but the Gold card only works in the US?
                          Comment
                          • juuso
                            SBR MVP
                            • 10-04-05
                            • 2896

                            #14
                            I personally don't have that debit card, but one my good friend does and i've seen the card. It's the blue one. I did some googling and found this:

                            " With access to the Cirrus™ and Maestro™ networks the NETeller debit card can be used worldwide at ATM machines and POS terminals."

                            There are atleast some currency exchange fees involved using it and you can not check the amount of balance on the card using the atm, but that's probably normal. I've been to several countries and have made withdraws with my **** electron card from atms and never could check the balance of my account in foreign atms.
                            Comment
                            • onlooker
                              BARRELED IN @ SBR!
                              • 08-10-05
                              • 36572

                              #15
                              With all that being said, I will continue to not have one.
                              I will just load my paypal account and get 1.5% cashback like Bill said.
                              Comment
                              • pags11
                                SBR Posting Legend
                                • 08-18-05
                                • 12264

                                #16
                                what's the monthly charge on this?...
                                Comment
                                • isetcap
                                  SBR MVP
                                  • 12-16-05
                                  • 4006

                                  #17
                                  Neteller is not at the top of my "favorites" list so I don't support any of their additional features. I am waiting for a group to come along that operates in a manner similar to PayPal (an actual bank), who has the legs to stand up against impotent US banking pressures and will service online wagering transactions. That group will receive my full support.
                                  Comment
                                  • Ira Wilton
                                    SBR Sharp
                                    • 01-03-06
                                    • 351

                                    #18
                                    In Canada Bank of Montreal and Toronto Dominion Credit Cards will work, Royal Bank credit cards will not (Except at sportsbook.com for some reason).
                                    Comment
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