NETELLER Fees, Limits, Charges and Rates. The Definitive Guide 2020

NETELLER Fees, Limits, Charges and Rates. The Definitive Guide 2020.

Below we have set out a detailed analysis of all the fees and limits that NETELLER charges to use their service.

Whilst NETELLER is a great ewallet choice for most players regardless, we would also like to make you aware of the additional benefits of joining NETELLER via us:

  • Instant Bronze PRO NETELLER VIP Upgrade
  • Reduced Requirements For All VIP Levels
  • Increased Limits & Reduced Fees
  • Fast-Track Verification - 24 Hours Maximum
  • Access To Our Unique Rewards Program

It is important to know that the fees and limits that are applied have many variables such as verification status, VIP status and currency of NETELLER account.

Therefore, the fees and limits we summarise below are based on the following assumptions:

  1. Your NETELLER account is verified
  2. Your NETELLER account currency is USD

If your account is in a different currency to USD, you can estimate fees and limits based on current exchange rates.

As your VIP level increases at NETELLER, you will pay lower fees and have higher limits available.

The best way to view your current personal fees and limits is by logging into your NETELLER account.

Would you like reduced fees, increased limits and more? If so, please complete the NETELLER VIP application form at the bottom of this page to get your FREE VIP Bronze Pro Upgrade

NETELLER Deposit Fees

There are a substantial variety of options to make a NETELLER deposit ranging from regular methods such as bank transfer and credit/debit cards to more flexible options such as funding your NETELLER account with Bitcoin or Skrill.

Fortunately, NETELLER have simplified the fee structure.

  • For all deposit methods an upload fee of 2.5% will apply if the deposit is less than $20,000 USD.
  • For all deposit methods the upload fee will FREE if the deposit amount is $20,000 USD or higher.

The rules regarding a NETELLER Mastercard deposit are different to every other deposit method. Whilst the same fee of 2.5% applies, there are numerous restrictions in place which limit where you can transfer funds deposited into NETELLER with a Mastercard. Please refer to our Mastercard deposits article on our blog for more details.

NETELLER Deposit Limits

As explained above, the fee for uploading funds into your NETELLER account is 2.5% for deposits less than $20,000 USD and free for all deposits over $20,000.

However, not all deposit methods allow you to deposit $20,000 or more. With this in mind, it will be useful for you to know the deposit limits for each method.

MethodMin. DepositMax. Deposit
International Bank Transfers$5.00$200,000.00
Fast Bank Transfer$5.00$5,830.00
Rapid Bank Transfer$5.00$1,700.00
Visa Debit$5.00$15,000.00
Visa Credit$5.00$15,000.00
Visa Electron$5.00$15,000.00
Mastercard Debit$5.00$15,000.00
Mastercard Credit$5.00$15,000.00
Paysafe Cash$5.00$1,000.00
Paysafe Card$5.00$240.00
Bitcoin / Bitcoin Cash$5.00$12,000.00

Again, we have to remind you that your own personal NETELLER limits will be determined by a number of factors such as VIP status, currency and type of account.

To find out the minimum and maximum limit of any deposit method just complete the following steps:

  1. Login to NETELLER and go to Money In
  2. Click on your preferred deposit method. In this example we will use Rapid Transfer.
  3. neteller deposit limits
  4. Underneath the ‘Deposit amount’ box you will be able to see the minimum and maximum deposit amount using this specific deposit method. In our example the minimum deposit is $5, and the maximum deposit is $1700
  5. neteller rapid transfer

NETELLER Withdrawal Fees

There are 5 different withdrawal options offered by NETELLER and each option has a different fee.

Bank transfer$10
Member wire$12.75
Merchant sites$0
Money Transfer1.45%. Minimum $0.50
Net+ Prepaid Mastercard0 - 1.75%
neteller withdrawal options

The withdrawal options listed on NETELLER’s website need to be analysed more carefully to understand clearly what they mean because two of the options are not really valid options to withdraw your funds.

  1. MERCHANT SITES – This is using your NETELLER account to transfer/deposit at a merchant such as a casino, forex broker, poker site etc. Therefore, this is not actually a valid withdrawal option.
  2. MONEY TRANSFER – Again, this is listed as a withdrawal option but a NETELLER Money Transfer means transferring from your NETELLER account to another NETELLER member account so again it can be argued this is not really a viable withdrawal option

The best way to withdraw your funds from your NETELLER account is via bank transfer/member wire or by using your Prepaid Mastercard.

Please remember that as with all fees and limits, the amount you will be charged will depend on your VIP status. For example, Gold VIP and higher receive free withdrawals to your bank account.

NETELLER Withdrawal Limits

Your NETELLER withdrawal limits depend on which withdrawal method you request. For instance, for a regular verified customer with a USD account requesting a withdrawal via bank transfer (the most common method) you can request a minimum of $20 and a maximum of $100,000 per transaction.

If you live in any of the SEPA (Single Euro Payment Area) countries, you can request a bank transfer withdrawal. If your country is not in SEPA then you can request a withdrawal via Member Wire.

Withdrawals via Member Wire have similar limits to bank transfer but are slightly more expensive with a $12.75 fee.

Your NETELLER Mastercard withdrawal limit will be based on your VIP status and will range between $1,000.00 - $3,3000.00 every 24 hours. More details are below.

To request a withdrawal, login to NETELLER and navigate to Money Out.


NETELLER offer two different prepaid card options for you to use: Net+ Prepaid Mastercard & Net+ Virtual Prepaid Mastercard. The fees and limits for both cards differ, as we have set out below.

The Net+ Prepaid Mastercard and Net+ Virtual Prepaid Mastercard are only available to customers in SEPA countries.

Both cards are offered in 8 currencies: USD, GBP, EUR, PLN, SEK, DKK, AUD, JPY. The information related to Net+ Card fees below is in USD. To check the fees in your own currency you can do so here:

Net+ Prepaid Mastercard Fees & Limits

Your fees and limits relating to your NETELLER Card will be determind by your VIP level and currency.

Neteller Prepaid Mastercard
VIP LevelFX FeeOrder Card FeeATM Withdrawal FeeCard Replacement FeeWithdrawal Limit
Standard3.99%$13.001.75%$13.00$1,000.00 daily
Bronze3.79%$13.001.75%$13.00$1,000.00 daily
Bronze Pro - FREE UPGRADE3.79%$13.001.75%$13.00$3,300.00 daily
Silver3.19%FREE1.75%FREE$1,000.00 daily
Gold2.79%FREE$6FREE$3,300.00 daily
Platinum2.39%FREE$6FREE$3,300.00 daily
Diamond1.29%FREE$6FREE$3,300.00 daily

Net+ Prepaid Virtual Mastercard Fees & Limits

Your fees and limits for your NETELLER Virtual card are set according to whether your account is verified or unverified. As with the Net+ Prepaid Card, VIP members will pay lower FX, and card order fees and have higher limits than standard non-VIP members.

Neteller Virtual Mastercard
Verified NETELLER Account
First Card FeeSubsequent Card FeePurchases Limit - 24 HoursPurchase Volume Limit - 24 HoursPurchases Limit - 4 DaysPurchase Volume Limit - 4 Days
Unverified NETELLER Account
First Card FeeSubsequent Card FeePurchases LimitPurchase Volume Limit
FREE$3.004 lifetime$800.00 lifetime


There have been numerous changes to the Neteller P2P fee over the last 12 months which we have covered extensively on our blog. We now believe that the current fee structure for transferring from one NETELLER account to another NETELLER account has stabilised and we will not see future changes to this fee anytime soon.

To summarise, the key points regarding the NETELLER P2P fee structure are as follows:

  1. The P2P fee level depends on your NETELLER VIP status – If your account is Silver VIP or higher then P2P transfers are FREE
  2. On your first P2P transfer there will be a minimum fee of $30 USD if you have not made a valid deposit
  3. On subsequent P2P transfers the fee will be set according to your VIP level and will have a 1.45% maximum fee.
  4. If your account is not VIP, the 1.45% fee will have no maximum i.e it will not be capped. However, if you receive a Bronze Pro VIP Upgrade from us or you achieve VIP status through meeting the transfer requirements, the maximum P2P fee will be capped at maximum $10 per transfer.

Neteller to Neteller transfer limit

The minimum amount for P2P transfers is $5 USD or currency equivalent. The maximum, as with all transfers, fees and limits, depends on your VIP level. However, the most basic verified account should allow you to transfer up to $50,000 per P2P transfer.

There is no limit in the amount you can receive via P2P NETELLER transfer. The maximum amount you can receive will be set by how much the sender is allowed to transfer.

NETELLER To Skrill Transfer Fee

Many customers use more than one ewallet to manage their bankroll. After Skrill & NETELLER merged in 2015 under PaySafe Ltd, customers have been able to take advantage of direct transfers between their Skrill & NETELLER accounts.

The fee for depositing at NETELLER from Skrill is 2.5% if the transfer is under $20,000 and free if the transfer is over $20,000.

How to send money from NETELLER to Skrill?

  1. Login to NETELLER and navigate to the Money In tab which can be found here
  2. Click on Skrill
  3. Enter the transfer amount and click Continue
  4. skrill to neteller deposit
  5. You will then be redirected to Skrill where you have to enter your Skrill email address and password
  6. skrill to neteller payment
  7. Once you have logged in, simply click on the PAY NOW button to complete the transfer
  8. skrill neteller confirm


NETELLER uses OANDA for the daily interbank market rate for currency conversions. Therefore, you can be reassured that you are always getting a competitive and fair interbank currency exchange rate whenever you make a transaction that requires a currency conversion.

The standard NETELLER foreign exchange fee for all transactions involving a currency conversion is 3.99%.

However, if you are a NETELLER VIP your currency exchange rate can be as low as 1.29%, depending on your VIP level.

Below you will find the NETELLER Forex fees per VIP Level.

VIP LevelFX Fee
Bronze Pro - FREE UPGRADE3.79%

Don't forget to complete the NETELLER VIP application form at the bottom of this page to get your FREE VIP Upgrade for reduced fees and increased limits and more!

NETELLER Bitcoin Fees

In 2018, NETELLER improved their service to cater for those customers interested in Bitcoin and other cryptocurrencies by firstly allowing you to deposit into your NETELLER account using Bitcoin & Bitcoin cash but also by introducing an option to trade cryptocurrencies.

There are two different Bitcoin related fee structures that you should know about so that you do not get confused.

Depositing into your NETELLER account using Bitcoin

As with all deposit methods for amounts less than $20,000, the fee to deposit into your NETELLER account is 2.5%.

The standard deposit limit for Bitcoin is $5 - $12,000 but if you are VIP you should check your maximum deposit limit for Bitcoin to see if you can avoid this fee by depositing $20,000+.

Please note the following:

  • You can use Bitcoin/Bitcoin Cash deposited funds to make transfers to merchants or to make transfers to other NETELLER accounts.
  • Bitcoin/Bitcoin Cash deposited funds cannot be used for purchases using your NET+ prepaid card.
  • The processing time for a deposit into your NETELLER from Bitcoin/Bitcoin Cash is 15 minutes.

Buying & selling cryptocurrency fees

Depending on what currency your NETELLER account is in, you will pay a different fee.

Wallet CurrencyCrypto Buy FeeCrypto Sell Fee
Other currency3.00%3.00%

How to buy/sell cryptocurrency through NETELLER?

  1. Login to NETELLER and click on the Crypto tab
  2. You will then be taken to the trading interface which lists all the currencies which you can trade: BTC, ETH, XRP, BCH, LTC, EOS, XLM, ETC, ZRX
  3. buy bitcoin with neteller
  4. Click on the Trade button for the cryptocurrency that you are interested in trading. In this example we will use Bitcoin (BTC)
  5. You will now be taken to the page to make your trade. The exchange rate refreshes every 5 seconds so is always up to date.
  6. buy bitcoin with neteller
  7. Enter the amount you wish to trade, and you will see how much crypto you will receive and the fee you will pay. In this case, the NETELLER account currency is USD so we will pay a 1.5% fee. Click Complete to finish your purchase.

Buying or selling any cryptocurrency with NETELLER counts towards your VIP transfer requirements.


There are a number of additional fees that NETELLER charge. Whether you are considering opening a NETELLER account or you are a longstanding existing customer, it is useful to consider these additional fees to see whether you are affected. On the whole you will rarely, if ever, encounter any of the NETELLER administrative fees but we have provided the information just in case you need it.

All the official documentation provided by NETELLER with regards to their administrative fees can be found in this terms and conditions PDF document.

NETELLER Inactive Fee - $5 USD Monthly

As long as your account is active, you will never be charged any of sort of administrative fee. However, if your account is not active for 12 months or more, you will be charged a monthly service fee of $5 USD (or equivalent). This will be deducted from your NETELLER account balance.

Fortunately, to stay active, all you have to do is either make a transfer using your NETELLER account or simply login once during each 12-month period!

Lack of Cooperation Fee – $150 USD

When you register at NETELLER you have to agree to their terms and conditions which set out in section 4.1.3 that when you open an account you must provide accurate and truthful personal information. If you are found to have provided inaccurate or untruthful information and do not cooperate as instructed by NETELLER within 6 months, then they reserve the right to charge you a fee of up to $150 USD.

To be frank, this is very unlikely to ever affect any members, but it is useful information to know, nonetheless.

3rd Party Upload/Withdrawal Fee - $10 Per Upload/Withdrawal

You are not allowed to make a deposit into your NETELLER account or a withdrawal from your NETELLER account to an account which is not in your name.

To be clear, this does not mean NETELLER P2P transfers which are completely different and have a separate fee. This means that if you are found to have paid or received money from a 3rd party bank account or bank card, then the fee may be levied.

Incorrect Transaction Reversal Fee – Up To $25 USD

When you request a withdrawal from NETELLER via the money out options you should always take great care when entering bank details, IBAN, BIC etc details, especially so if the withdrawal is for a large amount.

If you enter incorrect details and the payment is sent to the wrong place you can request NETELLER to help you with recovering of the funds. However, an administrative fee of up $25 will apply. Please note that paying the administrative fee does not guarantee that your funds will be returned so again, please take the upmost care when requesting bank withdrawals.

Chargeback fee = $30 USD

If you make a NETELLER deposit from a payment method, such as credit card, that allows you to claim funds back via a chargeback and the reason for the chargeback is anything other than unauthorised use of your card, NETELLER will charge you $30 USD or equivalent.

Prohibited Transaction Fee – Up to $150 USD per transaction

This fee mainly affects customers who are operating an account for business related purposes. Essentially if you are receiving funds for any of the following categories then you could be liable to pay this fee while NETELLER investigates your account.

Excluded Categories
  • Money exchange
  • Remittance businesses
  • Bureaux de change
  • Currency exchanges
  • Purchase of travel money
  • Collection of any form of donations or payments to charitable or not-for-profit organisation dealing in natural resources such as jewels, precious metals or stone
  • Live streaming
  • Sale or supply of alcoholic beverages
  • Sale or supply of dietary supplements and alternative health products

Please note that the excluded categories are not solely limited to the list above. Our advice is that if you are unsure as to whether your business activities may be prohibited to get in contact with NETELLER to clarify with them.


Join NETELLER using the application form below or submit your existing NETELLER details to receive a FREE Bronze Pro VIP Upgrade on your NETELLER account and take advantage of lower fees, increased limits and much more. New & Existing NETELLER customers welcome.

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