Neteller Net+ Mastercard: Fees, Limit, Pros & Cons
Neteller Net+ MasterCard
The Neteller Net+ MasterCard has different fees depending on the type of card you choose. There are two types of cards: physical and virtual.
- The physical plastic card you can use to withdraw cash from ATMs and pay at physical stores that accept MasterCard.
- The virtual card is a digital card that you can use to make online purchases wherever MasterCard is accepted.
Fees
The physical card has a one-time issuance fee of NZ$12, an annual fee of NZ$12, and a replacement fee of 16 NZD. The physical card also has transaction fees for ATM withdrawals (1.75%), foreign exchange (3.99%), and declined transactions (NZ$2).
The virtual card has no issuance fee for the first card, but a fee of NZ$4 for each additional card. The virtual card has no annual fee or replacement fee. The virtual card also has transaction fees for foreign exchange (3.99%) and declined transactions (NZ$2).
Neteller's withdrawal fee in online casinos ranges from 0.1% to 7.5%, with a potential €10 charge for local banks and €12.5 for international wire transfers, and 0—2.5% for deposits.
That said, the Neteller Net+ MasterCard has advantages and disadvantages you should consider before applying for one.
Pros
- Access to the Neteller account balance is available, where the gambler has the option to deposit in online casinos and pay both offline and online.
- Low fees and high limits if you are a VIP customer.
- The ability to choose between a physical or a virtual card depending on your needs.
- The card works in 200+ countries with 22 currencies.
Cons
- Fees for ATM withdrawals, foreign exchange, and declined transactions.
- Annual fees and issuance fees for the physical card.
- Identity and address verification are required to apply for the card.
- Booking a hotel room, flight, or car with a virtual card is not permitted.
Limits for VIP and Non-VIP Customers
The Neteller Net+ MasterCard has different limits depending on your account status and the type of card you choose.
Physical Сard
- a daily ATM withdrawal limit of NZ$1450
- a daily POS limit of NZ$4360
- a lifetime limit of NZ$80,755
The virtual card
- a daily online spending limit of NZ$4360
- a lifetime limit of NZ$80,755
Physical Сard
- a daily ATM withdrawal limit of NZ$5,329
- a daily POS limit of 50, and no lifetime limit
The Virtual Card
- a daily online spending limit of NZ$16,151
- no lifetime limit
Speaking about Neteller users, they must consider varying min/max deposit and withdrawal limits, which differ from one casino to another.
How to Order Your NETELLER Net+ Prepaid MasterCard
To order your NETELLER Net+ Prepaid MasterCard, you need to follow these steps:
- Log in to your NETELLER account and go to the section Net+ Card > Plastic or Virtual.
- Click on Get a Plastic Card or Get a Virtual Card.
- Choose your preferred currency and delivery method (for the physical card only).
- Confirm your personal details and shipping address (for the physical card only).
- Review the terms and conditions and click on Confirm.
- Pay the issuance fee (for the physical card only) using your NETELLER account balance or another payment method.
- Wait for your card to arrive by mail (for the physical card only) or see your card details on the screen (for the virtual card only).
NETELLER Net+ Virtual Prepaid Mastercard
The NETELLER Net+ Virtual Prepaid Mastercard is a digital version of the NETELLER Net+ Prepaid Mastercard that you can use to make online purchases wherever MasterCard is accepted. It has some features, fees, pros, and cons that differ from the physical card.
Features
- Up to five virtual cards with different numbers and expiry dates can be generated.
- The owner can delete or freeze virtual cards at any time.
- View the virtual card details in the NETELLER account.
Fees
The first virtual card is free, but each additional card costs 4 NZ$.
Pros
- Multiple unique virtual cards can be made for extra security.
- Virtual cards can be deleted or frozen anytime in case of loss or suspected fraud.
- You can avoid annual fees and issuance fees for the virtual card.
Cons
- You cannot use the virtual card to withdraw cash from ATMs or pay at physical stores.
- You cannot use the virtual card to book a hotel room, flight, or car as these merchants need a plastic card to verify.
- Fees for foreign exchange and declined transactions.
Can I use Neteller Net+ MasterCard in online casinos?
Directly Neteller Net+ MasterCard can’t be used in online casinos. But Neteller itself can be used for online casino deposits. Neteller Net+ MasterCard allows players to withdraw winnings from Neteller accounts at nearby ATMs accepting Mastercard.
Neteller, a widely utilized e-wallet in online gambling, offers quick transactions across over 200 countries and 22 currencies.
Neteller Net+ MasterCard is a prepaid card that allows you to access your Neteller account balance and use it to pay offline and online, including for gambling.
It has two types: physical and virtual, each with its own features, fees, limits, pros, and cons. Neteller Net+ MasterCard is also a popular payment method for online casinos that accept Neteller, as it offers fast, secure, and convenient transactions. However, you should also be aware of potential disadvantages such as fees, verification requirements, and bonus restrictions.
John Gold
After a decade in gambling, I've transformed from a casual player into an industry expert. Having tested over 500 pokie machines, I'm ready to share insider tips for an optimal gaming experience.
