Review of Neteller

4/5 according to 6 votants

How does it work?

Tens of millions of persons use Neteller every day. They use it to safely and confidentially transfer funds on internet. The transfers between owners of Neteller account are instantaneous and can be made in very easily. You just have to enter your login and password to make operations.

In addition to funds transfer in real time, the users can make deposits on different websites that allows this system. It’s especially the case of the clear majority of the bookmakers, that they are off-Gambling Commission or credited in England. Several funds transfer methods are proposed by Neteller. If the most common is the bank transfer, the company located in England can also make a check and send it to you by letter.

The products proposed by Neteller

Among the various products offers by Neteller, you can find an electronic wallet and a MasterCard debit card called Net+. These two products are totally free.

The electronic wallet:

By signing on the Neteller website, you can profit of its electronic wallet, a sort of online bank account on which you can make transfer safely as well as “funds transfers” to other Neteller account. You can also recharge it through various recognized payment solution.

The MasterCard Card Net+

Very useful, this card is directly linked to your Neteller account. You can use it in almost every merchant but also to withdraw money in cash dispensers. The gambler appreciates Neteller for of its card Net+ because it allows them to discreetly withdraw their earnings and without declare anything.

How to deposit and withdraw with Neteller, step by step

You are two minutes away from your first bet. Here is the whole thing, nothing complicated.

Top up your Neteller wallet from your bank card or bank transfer.
On the bookmaker, pick Neteller in the cashier and enter the amount.
Confirm with your Neteller email and password (or the secure ID). The money lands instantly.
To cash out, choose Neteller again in the withdrawal section. Your winnings usually arrive on your wallet within a few hours, sometimes right away.

See the difference with a card? No 3 to 5 days of waiting. You win, you withdraw, you feel it in your wallet almost the same evening. That reactivity is exactly why so many bettors never go back.

Fees and limits: what you should know

Opening the account is free, holding it is free, and depositing on a bookmaker is free too. The small costs to keep in mind are the currency conversion (if your wallet is in £ and the bookmaker holds euros, for example) and the Net+ card operations such as ATM cash withdrawals. Nothing dramatic, but read the grid once so nothing surprises you. Neteller also runs a loyalty programme where your usage earns you a better fee rate over time. The more you play, the less you pay: not a bad deal.

Is Neteller safe for offshore betting?

Honestly, this is where Neteller shines. Your card details never reach the bookmaker, because the wallet sits in between like a shield. Every transaction is encrypted, the account can be protected with a two-step login, and the company is a long-established name in online payments (not some obscure newcomer). For betting off the Gambling Commission radar, that middle-man protection is worth its weight in gold.

Frequently asked questions

Can UK players use Neteller?

Yes. Neteller is available to British residents and works with the clear majority of offshore bookmakers we recommend.

How long does a Neteller withdrawal take?

From the bookmaker to your wallet, usually a few hours. From your wallet to your bank account, count one to three working days depending on the method.

Will I get the bookmaker's welcome bonus with Neteller?

Often yes, but always check the terms. A handful of operators exclude e-wallet deposits from the welcome offer, so read the small print before your first top-up.