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2024 Neteller Fees Explained 

Stay informed about all Neteller fees for 2024 and effectively manage your finances. 

Neteller is a popular option for individuals and businesses. This digital wallet enables quick and secure global money transfers.

It’s necessary to note that using Neteller involves certain fees because they determine the final amount you pay for your transactions. 

If you are familiar with your transactional costs, you can better influence the handling of your finances.

This article focuses on providing you with the latest information on Neteller fees for the year 2024. 


Neteller is a popular online tool for handling money. It's like a reliable buddy for managing your cash safely on the internet. 

You can use it to send money, buy things online, and even get a physical prepaid Net+ Mastercard

With the Net+ Virtual Prepaid Mastercard, you can spend the money in your Neteller account online wherever Mastercard is accepted. Just remember, since it's a virtual card, you can't use it in physical stores or ATMs.

Lots of people from all over the world use Neteller. They trust it because it's easy to use, really safe, and offers many ways to deal with your money online. 

Whether you're managing your own finances or running a business, Neteller has become the top choice for online payments worldwide. 

Opening a new Neteller account is completely free >>


Neteller's fees can affect the cost of your transactions. 

By understanding Neteller fees, you can make smart choices about your online money transactions and keep your finances in order.

If you often use Neteller or handle a large amount of money, depositing, withdrawing, and converting currency fees can quickly add up.

Neteller is a payment solution with transparent fees. Its easy-to-use app always lets you see what you're being charged for and why. Knowing what you're paying for can help you feel more confident about using their services.


You'll see all the Neteller account fees before confirming your online transactions. 

However, it’s essential to know what kind of fees you can expect using Neteller, so here’s a detailed breakdown of the various Neteller fees:

  • Paying to Merchants
There's no cost for receiving funds or making online payments on merchants' websites using your NETELLER balance. 

  • P2P Transfers
You may send funds to other NETELLER users either for a 2.99% fee (with a minimum fee of USD 0.50).

Neteller True accounts can make money transfers at 1.45% fee (with a minimum fee of 0.50 USD).

If you upgrade to a Neteller VIP, you can send money to friends and family for free >>

Receiving money is always free of charge.

  • Crypto
You can buy and sell cryptocurrency with Neteller, featuring simple and transparent fees:

  • NETELLER Standard: 1.50% fee
  • NETELLER True: 1.50% fee
  • Silver VIP: 1.40% fee
  • Gold / Diamond / Exclusive VIP: 1.30% fee

For Crypto P2P transactions, there's a fee of 0.50% per transaction.

  • Deposit Fees
Neteller provides a variety of deposit options with fees ranging from 0% to 2.5%.

  • Withdrawal Fees
When you withdraw money from your Neteller account, you will encounter different fees:

  • For bank transfers there is a flat fee of 10 USD.
  • With Mastercard, the fees vary based on the transaction amount (up to 7.5%).
  • A fee of 12.75 USD for Member Wire withdrawing.
  • A fee of 3.49% is charged to withdraw your funds to Skrill.
  • With Visa, the fee varies based on the transaction amount (up to 7.5%).
  • Withdrawing to an external crypto wallet will cost you 2% of the transaction amount. 

  • Currency Conversion Fees
For currency conversions, Neteller uses the current exchange rate, which changes daily. You can check this rate here.

A foreign exchange fee may cost you up to 4.49%, depending on your country.

  • Account Maintenance Fee
There isn’t a fixed annual account maintenance fee, but rather a monthly fee if the account remains inactive (USD 5.00 or equivalent). This is to encourage regular use of the account and maintain account security. 

If your Neteller account has been inactive for over 6 months, you can give it a wake-up call and get a free VIP upgrade >>

  • Annual Card Fee
Neteller currently charges an annual card fee of £6 for its card services. This fee is specifically linked to the Neteller card and is separate from the account maintenance fee.

To get a Neteller VIP account for free and lower your fees, open a new account here >>


In 2024, Neteller made some changes to its fee structure…

The deposit fee for all methods is 2.5% if the deposit is less than 20,000 USD. The upload fee is waived if the deposit amount is 20,000 USD or higher - this is a change from the previous year, where the deposit fee was 2.5% regardless of the deposit amount.

The fees for withdrawal options remain largely the same: a bank transfer fee of 10 USD and a Member Wire fee of 12.75 USD. The Mastercard and Visa withdrawal fees can range from 0 to 7.5%, which is a slight adjustment from the previous flat fee.

Neteller adjusted its fees to stay competitive and provide cost-effective options for its users.


Neteller's fees are competitive, but users should consider their own needs when comparing the pros and cons of different ewallets.

Let’s compare Neteller’s fee structure with some other digital wallets:

  • PayPal
PayPal, another prominent digital payment platform, offers a similar fee structure. Both platforms charge for currency conversion, withdrawals, and deposits. However, PayPal’s fees may vary based on the country and transaction type. Neteller tend to have slightly lower currency conversion fees.

  • Payoneer
While Payoneer offers a robust cross-border payment platform, it doesn’t provide the same fee waiver for large deposits as Neteller. This gives Neteller an edge over users who are making larger transactions.

  • Skrill
Skrill is owned by the same company as Neteller and also shares a similar fee structure. Both platforms offer competitive rates for deposits and withdrawals. Skrill just might be a bit cheaper for certain transactions.

  • Revolut
Revolut is known for its multi-currency accounts, and they offers competitive exchange rates and low fees. While Neteller focuses on digital wallet services, Revolut has a broader range of financial services - like banking and investment. Users who are seeking a more comprehensive solution might prefer Revolut.

  • Advantages of Neteller’s Fee Structure
  • All fees are visible before confirming your transactions within the Neteller app. 
  • Widely accepted across online merchants, making it convenient for international transactions.
  • Employs robust security measures, protecting users’ funds and personal information.
  • Prepaid Mastercard allows users to access funds directly from their account.

  • Disadvantages of Neteller’s Fee Structure
While Neteller’s fees are generally competitive, certain transactions (such as currency conversion) can be costlier compared to other platforms.

Users who don’t use their Neteller account frequently may incur inactivity fees.

  • Transparency and Affordability
Neteller strives for transparency by clearly outlining its fees on its website. 

Users can calculate costs before making transactions. However, affordability depends on individual preferences and transaction patterns. 

You should consider your specific needs, such as international transfers, currency conversion, and withdrawal methods.


Minimizing the fees associated with using Neteller can be achieved through several strategies:

VIP Upgrade with Wikiwallet

Upgrading your Neteller account to VIP status can significantly reduce fees and increase your account limits. 

To upgrade, you need to open a Neteller account via the Wikiwallet website and send a VIP request >>

If your account has been inactive for more than 6 months, it can still be upgraded >>

Accounts that aren’t created via Wikiwallet need to transfer 15.000$ in a year quarter to become VIP - with Wikiwallet, this service is completely free!

To maintain your Neteller VIP status every quarter, you need to transfer 15.000$ for a Silver VIP account, 45.000$ for a Gold VIP account, 150.000$ for a Diamond VIP account, and 600.000$ for an Exclusive VIP account. But not with Wikiwallet! You just need to transfer 5.000$ if your account was created via Wikiwallet, and you will keep your Silver VIP level for the next quarter!

Choose Cost-Effective Funding Methods

Neteller offers a variety of deposit options with varying fees. 

For all deposit options, an upload fee of 2.5% applies if the deposit is less than $20,000 USD. However, the upload fee is waived if the deposit amount is $20,000 USD or higher. Therefore, choosing a deposit method that aligns with your transaction size can help minimize fees.

Avoid Unnecessary Currency Conversions

Neteller charges a fee for transactions involving currency conversion. 

You can bypass currency conversion fees when making purchases or withdrawing cash in your Neteller account currency. To avoid this, you can add secondary account balances in various currencies to your primary account currency. 

Maintain an Active Account

Neteller charges a service fee of USD 5.00 (or equivalent) per month for accounts that have not been used for at least 6 months. To avoid this inactivity fee, ensure you log in or make a transaction at least every 6 months.


Understanding the fee structure of Neteller is crucial for optimizing your online transactions in 2024. 

Neteller charges fees for various services such as deposits, withdrawals, and currency conversions. These fees vary depending on the transfer amount and method used.

Practical strategies for minimizing Neteller fees include upgrading to VIP status through Wikiwallet, choosing cost-effective funding methods, avoiding unnecessary currency conversions, and maintaining an active account to avoid inactivity fees.

Understanding and managing these fees is essential when using Neteller for online transactions. It helps not only avoid unexpected charges but also make the most of your digital payment experience.

As Neteller continues to evolve, it’s important to stay informed about any updates to their fee structure. Regularly checking Wikiwallet can help you stay updated.

Stay informed, plan your transactions wisely, and make the most of your Neteller experience.

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