Neteller has long enjoyed status as one of the most popular deposit methods around the world for real money gamblers. It was founded in 1999 and is now used by millions of people to pay for goods and services across more than 200 countries. For online gambling, Neteller is a fast and efficient way to fund your account at online casino sites so you can get in the game with minimal hassle.
- Online Casinos That Accept Neteller Account
- Who Accepts Neteller
- Online Casinos That Accept Neteller Card
- Online Casinos That Accept Neteller
Neteller online casinos with the latest video slots and biggest promotions in 2020. We found and tested all popular casino websites that accept Neteller. Check the list of 10 trustworthy gambling sites that guarantee quick deposits and safe withdrawals. Neteller is an e-wallet that works quite similar to Paypal. It’s used for making online payments, and along with Skrill, it is one of the most widely accepted payment methods at online casinos. Many players choose Neteller and other e-wallets as their payment method at online casinos because it keeps their actual bank account or credit card information completely away from the casino. Neteller offers two different account options with different deposit limits and benefits. Neteller 'Express' Account. This one is perhaps the most popular one and the easiest to open. The deposit limit of this account is €2500 and it can be used with any merchant accepting Neteller. Neteller 'Extended' Account.
In short, Neteller functions as a secure online wallet for your money. You can transfer funds to your wallet and then use it to make a deposit at any of the many online casino sites that accept Neteller. When you’re done gambling, you can then request a payout from your casino and have those funds sent straight to your Neteller account.
Security has never been an issue with Neteller. They’ve been going strong for over 15 years now and maintain a perfect reputation for secure, quick transactions. Furthermore, Neteller is licensed in the United Kingdom under the Financial Conduct Authority.
Who should use Neteller?
Neteller is ideal for people who need to move money around between multiple sites thanks to Neteller’s speed. When you withdraw money from your casino site to Neteller, the transaction is processed that same day in most cases. You can then easily move your money on to the next site as opposed to having to sit around and wait for the withdrawal to hit your bank account.
Additionally, Neteller serves as an alternative deposit method if you’re not comfortable sharing your credit card information with casino sites. You can just use Neteller and they process the transaction on your behalf. Your card number and banking details are never given to the gambling site.
Speaking of cards, have you ever had a deposit to a casino site declined for no good reason? That happens sometimes if your issuing bank is based somewhere with strict anti-gambling laws. If you’ve had problems depositing with your primary credit or debit card, try Neteller.
You may also find Neteller handy if you like to keep your gambling bankroll separate from your other finances. In fact, this was the primary reason I used Neteller as my sole deposit method for several years. I liked being able to build my bankroll in one place without mingling funds. I always found it easier to keep track of my bankroll and protect it when it wasn’t all mixed up with my other money at the bank.
How Neteller Casino Deposits Work
An account with Neteller serves as a safe place to store funds online and pay for all kinds of things. You can use it to buy actual physical goods, pay bills and make deposits to online casinos. Neteller can also be used to receive payments from casinos and transfer money to friends and family.
Signing up for an account is free. Just visit Neteller.com to sign up and you’ll be good to go in minutes. After you have an account, you can fund it by uploading funds via credit card, debit card, bank transfer and other payment systems such as Ukash, POLi and more.
Making a deposit is a matter of choosing an online casino site, signing up for an account and then logging in. Head to the cashier and choose “Neteller” as your deposit method. You’ll then be redirected to a secure page where you can type in your Neteller username, password and deposit amount. Confirm the deposit and your casino account will be instantly credited with the funds.
When you’re ready to withdraw, head back to your casino’s cashier area and choose the withdraw option. The casino site will send the money right to your Neteller account. This is done the same day in most cases. Once the money hits your Neteller account, you can withdraw it to your bank account or make a deposit somewhere else.
Account Verification
At some point you’ll be asked to verify ownership of your bank account. This is a requirement under the UK’s “know your customer” laws. Neteller will do this by depositing two small amounts to your bank account and then asking you to verify the amounts. They will also ask for a copy of your photo ID.
Online Casinos That Accept Neteller Account
Getting verified is easy but it does take a little time. Once you have that out of the way, you can use your Neteller account freely. I think you’ll find it worthwhile in the end. Neteller saves a lot of time over traditional deposit methods.
Net+ Card
The first time you load your Neteller account with funds, Neteller will automatically send you a Net+ card. This is a prepaid debit card linked to your Neteller account. You can use it anywhere MasterCard is accepted to make purchases and withdraw cash.
What’s nice about the Net+ card is that it is not connected to your bank account in any way. You can only use it to make purchases with whatever you have in your Neteller account. This adds a layer of security in case your card number is ever stolen or you have a bad habit of overspending. You can only spend what you have with the Net+ card.
Fees
Neteller charges no fees for making deposits to casino sites but it does charge fees for uploading funds and withdrawing money:
- Uploading funds with local bank transfer and international bank transfer: free
- Uploading funds with a credit or debit card: 1.9% to 4.95%
- Uploading funds with POLi: free
- Uploading funds with Ukash: 3% to 7%
- Receiving a payout from a casino site: free
- Withdrawing money via bank transfer: 7.5 EUR
- Withdrawing via bank wire: 10.5 EUR
- Withdrawing via Net+ Card: Free to 4 EUR
- Currency conversion: 2.95%
Neteller was originally founded by Collin Francis Bush in Canada all the way back in 1999. Interestingly the e-Wallet was expressly developed as a secure way for players to deposit and withdraw their funds from their normal accounts to online casino accounts.
It took hardly a year before Neteller was already so well established, that they handled eight out of ten online casino transactions. The majority of that particular business was conducted by US-customers – until 2006 at least.
In 2004 the company moved to the Isle of Man, where they are still at home. The business was hit particularly hard when the US placed severe restrictions on all activities related to online gambling and financial transactions. For a time Neteller funds of US citizens were even held in Neteller accounts and only released in 2007.
As a result of the removal from the US, Neteller’s revenue fell significantly from $239 million in 2006 to just $44 million in 2010. The company managed to survive, however, and in 2014 they even relaunched themselves in the US as Optimal Payments Plc, when they began to process financial transactions for legal online poker sites.
At the same time the company launched their Net+ Prepaid MasterCard.
Nowadays Neteller has customers in 200+ countries worldwide and is available in nearly every currency.
Signing up for an account
It’s not at all difficult to sign-up for an account. You’ll just need to fill in all details and connect your new account with a credit card or normal debit or checking account. Of course, the account needs to be verified before you can make any transactions one way or another. Usually that will take place by phone, but other options are also available.
Once your account is verified, you can use it to make any and all deposits and withdrawals you wish to make. Needless to say withdrawals are only available once you have actual funds in your account.
Deposits and withdrawals
And again, this is really easily accomplished. When you have an online casino account, you’ll want to deposit some money into it. Whilst the setup for the cashier is not always the same, depending on the online casino you’re with, the general principle won’t differ too much.
So, to make a deposit you’ll have to go to the cashier, select the payment method you wish to make a deposit with and then the amount you want to deposit. Almost all online casinos have a pre-defined minimum amount which they want you to deposit. It’s usually between €10 and €20.
When you choose Neteller as your deposit method, you’re asked for your Neteller ID or email address (the one you registered with Neteller) and you will also need your Neteller Secure ID code. And then you’re done. Transactions take place in real time, so deposits and withdrawals are usually instantaneous.
Withdrawals are just as easy, of course. You’ll select Neteller as your chosen method and enter your Neteller ID or email once again for processing. Of course, if you want to withdraw larger amounts, money may be held for 24 hours and up to 3 days. And an online casino may always verify your ID before your first bigger withdrawal.
Many online casinos also impose withdrawal limits, which depend on one side on the chosen payment method, but on the other hand could refer to daily, weekly or monthly limits imposed by the casino itself. Also, most online casinos will want you to use the same payment method for deposits and withdrawals. Thankfully Neteller allows for both, which is certainly one of the reasons why it is so popular.
Who Accepts Neteller
Bonuses and other advantages
Interestingly some online casinos will offer special bonuses when you use a Neteller account for deposits. Those are few and far and you may actually have to go hunting for them. On the other hand, plenty of online casinos don’t allow you to use Neteller as a deposit method for your very first method, if you want to also peruse the welcome bonus. You may, of course, use Neteller for subsequent deposits and withdrawals, but it may be excluded as a payment method when availing yourself of the welcome bonus. Here you will need to read the terms and conditions carefully. We usually mention this in our reviews of our preferred online casinos as well, though.
Do make sure to visit Neteller’s website directly, because they do showcase special bonus offers made by affiliate casinos as well.
Another advantage you get with Neteller is the Net+ Prepaid Mastercard. Since it is a Prepaid Mastercard, you will need to have funds in your Neteller account to use it, but that aside you can use it just like a normal Mastercard for online shopping purpose or in retail stores around the world. You can even make cash withdrawals at ATMs around the world, but be aware that a fee is likely to apply.
Online Casinos That Accept Neteller Card
And speaking of fees: at most online casinos depositing or withdrawing with Neteller is free of charge. That is not always the case, but most of the time. Bear in mind that fees will apply once you make transactions between your Neteller account and your credit card or debit/checking account.
Online Casinos That Accept Neteller
Finally, Neteller accounts are actually protected by UK financial regulations. That means that Neteller is legally required to hold any customer’s funds in trust accounts. The advantage of this is that you can always access your funds and that Neteller is always able to make those funds available to each and every customer, even if everyone should decide at the same time to withdraw their funds.
Online Casinos using Neteller
You’ll have to look for a long time before you’ll find an online casino that doesn’t offer Neteller as a payment method. It’s one of the most common methods around. Thus you can expect that pretty much all our reviewed casinos also offer Neteller as a payment option. It is therefore not so much a matter of choosing the right payment option here, but of finding a casino that suits your needs beyond offering Neteller as an option to deposit or withdraw your funds with. Our casino review guides will help you make an informed decision.
Let us know, if you have any questions or suggestions.