Moving to 5dimes - how should I deposit/withdraw?

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  • stillmitch
    SBR Rookie
    • 10-21-10
    • 37

    #1
    Moving to 5dimes - how should I deposit/withdraw?
    Gold-p seems to be a good choice at first glance. Any input from you guys would be greatly appreciated!
  • DevilCheese
    SBR Sharp
    • 07-18-09
    • 485

    #2
    gold-p has a fair amount of fees involved, instant deposit has always been my preference there
    Comment
    • ngates815
      SBR Posting Legend
      • 12-01-09
      • 13845

      #3
      I deposit with Chase credit/debit card.


      Withdraw with instant deposit instant deposit to my bank account (give them your bank account # and routing #)

      Have yet to have problems with either of these 2 ways. Deposits are instant. And Withdraws usually take 48 hours.
      Comment
      • Kaabee
        SBR MVP
        • 01-21-06
        • 2482

        #4
        instant deposit is always a good option
        Comment
        • albo gator
          SBR High Roller
          • 01-23-10
          • 142

          #5
          Ngates how much (approximately) were you able to deposit on your credit card? Or maybe more specifically what limits does 5Dimes have for credit cards and what do you have to do with them to set it up? Do you just give them your credit card number or do you have to submit a copy of the card and your driver's license, etc.?
          Comment
          • jimmy007oc
            SBR MVP
            • 08-25-10
            • 1699

            #6
            I couldn't find a Credit Card Deposit method in 5Dimes.
            Comment
            • ngates815
              SBR Posting Legend
              • 12-01-09
              • 13845

              #7
              Originally posted by albo gator
              Ngates how much (approximately) were you able to deposit on your credit card? Or maybe more specifically what limits does 5Dimes have for credit cards and what do you have to do with them to set it up? Do you just give them your credit card number or do you have to submit a copy of the card and your driver's license, etc.?
              500 is the limit per transaction, but you can make multiple transactions. I think there is a limit of 3K per month, but I'm not sure.

              To deposit, it's as simple as just putting in your VC card number, and they ask for your birth month/year and last 4 social numbers.
              But to withdraw you need to send them your License and the front and back of your credit card. I did that as soon as I deposited, just to get it over with, since I knew i'd need to do it eventually.

              Originally posted by jimmy007oc
              I couldn't find a Credit Card Deposit method in 5Dimes.
              It's under "Cashier" then "VC processor"
              Comment
              • Joe Dogs
                SBR MVP
                • 07-20-09
                • 1931

                #8
                Originally posted by ngates815
                I deposit with Chase credit/debit card.


                Withdraw with instant deposit instant deposit to my bank account (give them your bank account # and routing #)

                Have yet to have problems with either of these 2 ways. Deposits are instant. And Withdraws usually take 48 hours.
                I usually use **...What are the fees for deposit using a debit card?....Also what are the fees for a withdrawal using instant deposit to ones bank a account....Thanks.
                Comment
                • ngates815
                  SBR Posting Legend
                  • 12-01-09
                  • 13845

                  #9
                  No fees for credit card/debit card deposit.

                  Fees for A C H withdraw (1500 max/no min) are $25...but you get one free one every 30 days on a Monday.
                  Comment
                  • jimmy007oc
                    SBR MVP
                    • 08-25-10
                    • 1699

                    #10
                    THeir CC processor has been down for awhile. Could be 3 weeks according to CS. Right now new account have to wait or use difference methods.
                    Comment
                    • ngates815
                      SBR Posting Legend
                      • 12-01-09
                      • 13845

                      #11
                      Originally posted by jimmy007oc
                      THeir CC processor has been down for awhile. Could be 3 weeks according to CS. Right now new account have to wait or use difference methods.

                      Worked for me last night to add 200....But declined my VC credit card I normally use. So I had to use my debit card, and went thru fine.

                      Didn't know there was a processor problem. I have noticed it has been somewhat weird lately. It'd reject the card in the morning, but then I'd try in the afternoon and it'd go through without a problem.
                      Comment
                      • thespeculator
                        SBR MVP
                        • 09-09-08
                        • 2999

                        #12
                        Originally posted by stillmitch
                        Gold-p seems to be a good choice at first glance. Any input from you guys would be greatly appreciated!
                        with goldp there is a 30 day hold on all deposits, when you read the rules it looks like the hold is only on instant deposit deposits at gold, but even if you use ** ,they still hold
                        Comment
                        • Joe Dogs
                          SBR MVP
                          • 07-20-09
                          • 1931

                          #13
                          Originally posted by thespeculator
                          with goldp there is a 30 day hold on all deposits, when you read the rules it looks like the hold is only on instant deposit deposits at gold, but even if you use ** ,they still hold





                          Never used GP......Fees are a little steep,no.
                          Comment
                          • 5Dimes
                            SBR Rookie
                            • 08-10-05
                            • 33

                            #14
                            5Dimes Group currently offers an option to deposit through a banking transaction for a minimum of $50, maximum of $250, 24 hours a day, 7 days a week and always free of charge. Funds are available immediately & it can be done every 24 hours.

                            Also you can easily deposit through Person to Person for a minimum of $100 using a card, online. Other options available at the moment for US customers include Person to Company transfers, GP, Money Orders. Credit Card deposits, at the moment, are not available for new accounts. Use Live Help, e-mail or call 1-800-305-3517 for more information.

                            5Dimes Group Management
                            Comment
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