New fees effective April 1

NETELLER is updating some member fees effective April 1 2008.

Most notably, credit and debit card deposit fees are reduced to 1.75% from 3.9%, a savings of 55% on each transaction!

Deposit option  New fee
Credit card 1.75%
Debit card 1.75%
giropay* 1.5%

 

Effective April 1 2008, the foreign exchange and withdrawal fees are as follows:

Withdrawal option  USD  EUR GBP  SEK  CAD
Bank transfer* 10 7.5 5 65 10
Cheque (Regular mail) 10 7.5 5 65 10
Cheque (Courier) 35  25  17.5  230  35
Prepaid Card load fee 1 0.75  0.50  NA  NA
Foreign exchange 
Foreign exchange  2.5% 2.5% 2.5% 2.5% 2.5%

While we’ve increased our fees for bank transfer and Cheque withdrawals,** no fee changes have been made to the Prepaid Card – it’s still the quickest and most cost-effective withdrawal option available to our members.

One way of minimising your foreign exchange fees is to match your NETELLER account currency with your preferred merchant currency. Contact us to find out how.

*Availability varies by country.
**Based on cost recovery.

Copyright 1999-2008 NETELLER. Authorised and regulated by the FSA.