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NETeller Slots Deposit
For a couple of years now, electronic wallets have been a great alternative to credit cards when it comes to online transactions. The latest online slots sites offer many deposit options, and you are sure to see electronic wallets on the list.
One of the names you will surely see in many slots sites is NETeller. Playing at slot sites that support NETeller has different advantages and disadvantages, and you can learn all about it here on this page.
Slot sites with NETeller
What is NETeller?
NETeller is an electronic wallet owned and operated by a British company called Paysafe Group Plc. It was founded back in 1999, and is now a popular alternative to traditional payment methods. NETeller is trusted by both individuals and businesses, and provides financial services in more than 200 countries.
NETeller is able to process transactions in 22 currencies. This includes all of the major European currencies and the North American currencies.
Pros and Cons of NETeller Slot Deposit
There are some good advantages if you choose the slots deposit NETeller option as your online slots deposit method. Like most trusted electronic wallets, NETeller is super quick when it comes to processing transactions. In addition, you don’t need to reveal card or bank details to your slots site when you use NETeller, making it more secure than credit card deposits.
The downside of using NETeller slots sites is that there are some additional charges outside of your transactions. An example would be the inactivity fee, where you are charged £1.80 per month following 14 months of not making any transaction. Other electronic wallets like PayPal don’t have an inactivity fee.
Another disadvantage is that NETeller doesn’t offer slots welcome deposit bonuses, unlike other electronic wallets like Skrill. NETeller also does not have a mobile app, unlike Skrill. This can be inconvenient for players who love to use top mobile slot apps.
NETeller has a wide range of options for funding your e-wallet account. There are more than 50 options in total. Here are some of the deposit options, and the corresponding fees:
- Maestro - 1.9% to 4.95%
- MasterCard - 1.9 to 4.95%
- HSBC - 7%
- Paysafecard - 7%
- Skrill - 1.9%
- Visa - 1.9 - 4.95%
- Bitcoin - 5%
- Fast Bank Transfer - 0 to 1.5%
- Quick Bank Transfer - 1 to 3.8%
If you want to know more about the other funding options, you can easily check the NETeller website.
NETeller also has a total of six withdrawal options. These ATM withdrawals, bank cheques, and bank transfers have fees ranging from £6.20 to £21.00.
NETeller VIP Programme
When you create a NETeller account, you are eligible to climb the VIP programme ladder. NETeller’s VIP scheme has five levels. As you move to a higher level, you get to claim more perks, like lesser charges when you fund your NETeller account.
Here is an overview of the requirements of the NETeller VIP Programme:
- Bronze VIP – requires £10,000 per calendar year, exchange rate 3.09%
- Silver VIP – requires £50,000 per calendar year, exchange rate at 2.59%
- Gold VIP – requires £100,000 per calendar year, exchange rate at 2.19%
- Platinum VIP – requires £500,000 per calendar year, exchange rate at 1.99%
- Diamond VIP – requires £2,000,000 per calendar year, exchange rate at 1%
Final Thoughts on NETeller Slot Deposit
NETeller is a pretty good deposit option with typical rates for an electronic wallet. It has more than 50 funding options and it handles 22 currencies, making it especially convenient for international transactions. So if you happen to love playing fruit machine games at slots sites that are not registered to your own country, then NETeller is a good choice to consider.