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NETeller Bingo Deposit Sites
If you are looking for an electronic wallet to use when you deposit to an online bingo account, then you might want to consider NETeller bingo sites. In this page, we will talk about the pros and cons of using NETeller, the transaction rates of NETeller, and other information you might need to help you learn more about this electronic wallet.
Bingo sites with Neteller
Pros and Cons of Using NETeller for Online Bingo
There are different advantages and disadvantages of NETeller bingo deposit when it comes to online gaming. We will be discussing most of them to help you decide if NETeller is the best option for you.
Advantages of Using NETeller for Online Bingo
Here are the main advantages of using NETeller bingo sites:
- Speed and Ease of Depositing
- Wide Range of Currencies
When it comes to availability, there are many old and new online bingo sites that support NETeller. NETeller is also a very quick and easy electronic wallet to use. If you make any transaction, you can expect that the money will go through right away.
NETeller can handle a total of 22 currencies. This covers all of the major European currencies, as well as the Russian Ruble and American & Canadian Dollars.
Disadvantages of Using NETeller for Online Bingo
Here are the main disadvantages of using NETeller bingo deposit:
- No welcome bonuses
- Some Additional Charges
Unlike some other electronic wallets like Skrill, NETeller does not offer a welcome bonus for new sign ups. If you are looking for freebies, you have to look for bingo sites that offer welcome bonuses instead.
There are also additional charges outside of your transactions when it comes to NETeller, but these are arguably small. NETeller allows for an unused period of 14 months, but will charge £1.80 per month following that.
Take a look at this overview of rates for NETeller members:
|Deposit or Withdraw||Fees|
|Instant bank Deposit ||1.50% |
|Credit Card ||1.75 – 4.95% |
|Bank Transfer ||7.50 EUR (or Free) |
|Cheque ||7.50 EUR |
|Prepaid Card At The ATM ||4.00 EUR (or Free) |
|To Merchant Site ||Free|
As you can see, when it comes to transferring money from your bank account to the online site, your bingo deposit NETeller payments are free. There are, however, fees for credit card transactions and withdrawal transactions. With some of the withdrawal transactions, some fees can disappear and be made free as you go higher on the VIP program ladder.
NETeller VIP Program
The VIP Program of NETeller is a ladder with five levels. Upon reaching a certain amount, you can move up the ladder. As you go higher, there will be more benefits and perks when using NETeller.
Here is an overview of the NETeller VIP Program:
|VIP Level||Amount Per Calendar Year||Exchange Rates|
|Bronze VIP||£10,000||3.09% |
|Silver VIP ||£50,000 ||2.59% |
|Gold VIP ||£100,000 ||2.19% |
|Platinum VIP ||£500,000 ||1.99% |
|Diamond VIP ||£2,000,000 ||1% |
As you can see, you need to spend a certain amount per calendar year in order to get into a higher VIP level. As you go into a higher level, you receive advantages such as:
- Additional number of accounts you can have open
- Lesser charges on other payment methods (e.g credit card)
Now that you know all about this electronic wallet, try checking out the top online bingo sites that support NETeller and start playing loads of online bingo games!