Although having the NETeller card is a great convenience especially when you need cash fast, even on Holidays, you have to mention the other charges. First there is the $2 withdrawal fee. Next they charge you .75c for each debit transaction, so each time you charge your gas or groceries there is .75c subtracted from your balance. If you want to take out money from your ATM, there is a $1.25 by NETeller, plus another charge by the ATM company. The other problem I have found is that if you want a chunk out of the ATM, it's hard to find one that will give you more than $500.
What I've been doing, is going to the grocery store and asking for cash back. Depending on the store, they might give you up to $300 and the charge is only .75c like a normal purchase. You can keep on doing this at different stores and only incur a .75c charge for each withdrawal. So to get $900 out it would cost you $2.25 instead of maybe $2.50-$2.75 for each $300 at an ATM.
What I've been doing, is going to the grocery store and asking for cash back. Depending on the store, they might give you up to $300 and the charge is only .75c like a normal purchase. You can keep on doing this at different stores and only incur a .75c charge for each withdrawal. So to get $900 out it would cost you $2.25 instead of maybe $2.50-$2.75 for each $300 at an ATM.
If you have Washington Mutual or any ATM with no charges, it costs $5 for $1000 in cash, all costs included, by taking it out in two $500 draws. Not that bad for the speed and convenience. Not to mention I know a lot of people that don't exactly want an obvious record of what they are doing. While there are records of Neteller, they have to know you use it first. A bank wire of $5000 isn't so easy to explain away if you know what I mean.
Pokerking said:
simply put everything I buy on this credit card:
http://www.cibc.com/ca/visa/dividend-platinum-card.html
Thanks for the heads up on where you can withdraw more than $500.
The debit card works like this. First you have to have a NETeller account. If you don't have one go to neteller.com to find out how to open an account. But if you already have an account, call or email Neteller and tell them you want a debit card, or you can sign up for one online.
Let's say you have a credit balance in your sportsbook account and want to take it out through NETeller. The money then hits your Neteller acccount, and if you go through normal channels of having it returned to your checking account it will take up to 4 days. But suppose you want to go out on the town with your winnings and have lined up a hot date and need money fast. You go online, log into your Neteller account and hit the withdraw tab on top. You then click on the withdraw to your debit card. You put in the amount you want to withdraw and then give them the last 6 digits on your card. Once verified they will let you know about the $2 withdrawal fee...hit submit and the money is then transfered to your Neteller debit card. Within 15 minutes you can use it to withdraw money from your ATM or whatever. They mail you a card within a week.
The debit card works like this. First you have to have a NETeller account. If you don't have one go to neteller.com to find out how to open an account. But if you already have an account, call or email Neteller and tell them you want a debit card, or you can sign up for one online.
Let's say you have a credit balance in your sportsbook account and want to take it out through NETeller. The money then hits your Neteller acccount, and if you go through normal channels of having it returned to your checking account it will take up to 4 days. But suppose you want to go out on the town with your winnings and have lined up a hot date and need money fast. You go online, log into your Neteller account and hit the withdraw tab on top. You then click on the withdraw to your debit card. You put in the amount you want to withdraw and then give them the last 6 digits on your card. Once verified they will let you know about the $2 withdrawal fee...hit submit and the money is then transfered to your Neteller debit card. Within 15 minutes you can use it to withdraw money from your ATM or whatever. They mail you a card within a week.
