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Paul McKenna

Oct 10 2022

Neteller Fees, Limits and How To Get A Better Deal In 2022

A breakdown of all Neteller fees and limits. We also show you how to get a much better deal with them by linking up with eWalletBooster.

Neteller's fees and limits can be hard to understand - but they don't need to be. Look below for a full guide to all of Neteller's fees, along with answers to the most commonly asked questions related to Neteller's fees and limits.

As a warning, this will be a long one - so buckle in, make a cup of tea, and get settled.

Table of Contents: 

  1. Neteller Deposit
  2. Neteller Withdrawal
  3. Neteller MasterCard
  4. Neteller-to-Neteller (P2P)
  5. Neteller-to-Skrill (P2P)
  6. Neteller FX Fees
  7. Neteller Bitcoin Fees
  8. Neteller Admin Fees
  9. Further Reading

Before we talk you through all the fees and limits that Neteller have, it's important to know that if you sign up for Neteller through us, we can provide a lot of bonuses. Some of which are increased limits and reduced fees. You can find out more about our Neteller Joining Bonuses here.

Neteller Deposit Fees

Neteller offers quite a few options to deposit funds. Whether you want to use a bank transfer, credit/debit card, or something more locally accessible, chances are that they have something perfect for you. While their fees have been somewhat confusing in the past, they've done some work to simplify things.

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 be 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: while the same fee of 2.5% applies, there are some restrictions in place that limit where you can transfer funds deposited into Neteller with a MasterCard.

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.

You can check the full list of deposit methods here.

Your own personal Neteller limits will be determined by a number of factors, such as your VIP status, chosen currency, and type of account.

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

  1. Log in to Neteller and go to Money In
  2. Click on your preferred deposit method. In this example we will use Rapid Transfer.

Underneath the ‘Enter amount’ box you will be able to see the minimum and maximum deposit amount using this specific deposit method. In our example (of a verified but Non-VIP account), the minimum deposit is $1.21, and the maximum deposit is $6,044.85.


 If you want your account limits raised and your fees reduced, then we have some good news. Acquiring a Neteller VIP account will help reduce fees and increase limits - which we can do for you. Click here to get your Neteller VIP Upgrade.

Neteller Withdrawal Fees

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

Bank Transfer$10 USD
Member Wire$12.75
Merchant SitesFREE
Money Transfer (P2P)See P2P fees
Net+ Prepaid MasterCard1.75% / $6USD

The best way to withdraw your funds from your Neteller account is via bank transfer/member wire or by using your Prepaid MasterCard, as they each carry the lowest fees on average.

Please remember that, as with all fees and limits, the amount you will be charged will depend on your VIP status, such as Gold VIPs and above receiving free bank withdrawals.

Neteller Withdrawal Limits

Your Neteller withdrawal limits depend on which method you request. For instance, a regular verified customer with a USD account requesting a withdrawal via bank transfer (the most common method) 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 transfers but are slightly more expensive, with a flat $12.75 fee.

Your Neteller Mastercard withdrawal limit will be based on your VIP status and will range between $1,000.00 - $3,300.00 every 24 hours. More details are below.

Neteller MasterCard Fees

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 EEA countries and the UK.

Note: As of November 2020, Neteller only issues Net+ Cards in EUR currency.

Although the Net+ Cards are issued in EUR only, if your account is a currency different than EUR, you won't be charged FX conversion fees. For example, if your Neteller account is USD, you will not pay for the foreign exchange conversion when you spend money using your USD balance.

Net+ Prepaid Mastercard Fees & Limits

Your fees and limits relating to your Neteller Card will be determined by your VIP level and currency.


Net+ MasterCard application$10FREEFREEFREEFREE
Card Replacement fee$10FREEFREEFREEFREE
Cash withdrawal limit€900/per day€900/per day€3,000/per day€3,000/per day€3,000/per day
FX fee3.99%3.19%2.79%2.39%1.29%
ATM withdrawal fee1.75%1.75%1.75%$6$6
POS limit€2,700/per day€2,700/per day€7,000/per day€7,000/per day€7,000/per day

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.


Order cardFREE
Cancelled card replacement$2.50 
Maximum per transaction€2,700
Maximum purchases/24 hours10
Maximum POS purchases/24 hours€2,700

Neteller to Neteller transfer limit

The minimum amount for P2P transfers in the past was $5 USD or currency equivalent.

However, since Neteller launched its new dashboard at the end of 2020, the minimum amount you can transfer now is as little as $0.01. As with all transfers, fees, and limits, the maximum 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 e-wallet 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 Neteller-to-Skrill transfer fee has been reworked in recent years, making it far simpler to understand. All transfers from Skrill to Neteller have a fee of 3.49%.

How to send money from Neteller to Skrill?

The way you deposit at Neteller using Skrill and vice-versa is actually what you might call a 'reverse deposit' because you have to withdraw from one ewallet to the other to deposit.

  1. Login to the Neteller account you want to use to deposit at Skrill and click on 'Money out' from the menu on the left-hand side.
  2. Select Skrill as the withdrawal method.
  3. Enter the withdrawal amount and the email address of the Skrill account into which you want to deposit.
  4. Complete the listed steps and confirm the transfer.

Neteller FX Fees

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. Again, please remember we can help you reach VIP status

Below you will find the Neteller Forex fees per VIP Level:

FX Conversion Fees3.99%3.19%2.79%2.39%1.29%

Neteller Bitcoin Fees

In 2018, Neteller improved its service to cater for those customers interested in Bitcoin and other cryptocurrencies by launching its crypto service.

Unfortunately, you can no longer deposit directly into Neteller using Bitcoin or other cryptocurrencies - however, you can still buy, sell, and trade crypto.

Buying & selling cryptocurrency fees

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

Up to $19.99$20.00 - $99.99$100+
Buy$0.99 per transaction$1.99 per transaction1.50% per transaction
Sell$0.99 per transaction$1.99 per transaction1.50% per transaction
(Crypto) P2P0.50% per transaction0.50% per transaction0.50% per transaction

Neteller Admin Fees

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.

Most people will rarely (if ever) encounter Neteller's administrative fees - but we have provided the information just in case you need it.

All of the information can be found in Neteller's terms and conditions.

Inaccurate or untruthful information; lack of cooperationup to $150 per instance
Chargeback fee£25 GBP per chargeback
Prohibited transactions feeup to $150 per instance
Reversal of a prohibited transaction feeup to $25 per reversal

When you register at Neteller, you have to agree to their terms and conditions, including the requirement to provide accurate 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.

Chargeback fee: £25.00 GBP

If you make a Neteller deposit from a payment method, such as a 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 £25.00 GBP or your local equivalent. 

Prohibited transactions fee: $150.00 USD

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 a 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, get in contact with Neteller to clarify with them. 

Incorrect Transaction Reversal Fee: $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 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 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 utmost care when requesting bank withdrawals. 

Further Reading

If you have further questions related to Neteller, we suggest reading the following articles:

Get a FREE Fast Silver VIP Upgrade on Your Neteller account with eWalletBooster

arrow right iconGet NETELLER “Fast Silver VIP” status for FREE

arrow right iconGet NETELLER “Silver VIP” for only $6,000

arrow right iconFREE Verification (no deposit required!)

arrow right iconPriority verification (less than 12 hours!)

arrow right iconFREE P2P (peer-to-peer) transfers

arrow right iconDiscounted 3.19% FX Fee (usually 3.99%)

arrow right iconREFER-A-FRIEND to earn even more

arrow right iconExclusive eWalletBooster REWARDS dashboard



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