Originally Posted by
Madison
Are Americans just screwed?
OK, so I've been at this online stuff for about 18 months. A year ago I got shutoff by a D-. With the help of SBR and some patience I finally received a check 3 months later. No fees for deposit. No fees for withdrawal. Non grata win % to high.
So, now I've smartened up (?) and I deposit at an SBR A+ via CC. My bank hits me for 5% fee ($50) for foreign transaction. I guess I can't blame that on the book. I grind out some profit and head to the cashier. I think it was like $40 for a check. "Good news sir you are aligible for a free withdraw via DC". Utility bills, drivers licenses, credit applications, 3 weeks and the DC shows up. In the meantime my account gets hit for a $25 activation fee. Chat ... "Oh sir that is a one time activation fee". Me ... "OK well if that's what it takes and it's one time then ok".
DC arrives. Note there are 13 charge backs of which I've excluded the < $5 ones. Kind of like if you accidentally place the card in your wallet backward $1 fee.
Activation fee $5.... humm I thought this was already taken once for $25?
Monthly admin fee $5
... OUCH!
Inactive fee (60 days) $10
Statement $15
... let's hope they don't choose to randomly send one monthly
Card Cancellation $10
Charge Back $35 ... ???
Do I just absorb the activation, admin, and cancellation and cash it out? Cancel it and eat the loss and then pay for the check?
I'll bet guaranteed I've had circa a 1.5K vig and fees at risk. Tough enough tio win but then this.
I'm obviously a recreational gambler as obviously if I was betting thousands this extortion wouldn't bother me.
Advice appreciated.