Pros and Cons of NETELLER at Casinos
Throughout this NETELLER review, you’ll get glimpses of the strengths and weaknesses of this payment provider. For starters, it's much safer than credit cards and yet just as convenient. In addition to this, players can use it for both depositing and withdrawing at NETELLER online casinos. While it isn't available in all regions, it widely available in the UK, which makes finding an online casino that has it pretty darn easy.
There is, of course, the dilemma of not being able to claim a welcome bonus or any other kind of promotion which requires a deposit. This is the same for other e-wallets like Skrill and even PayPal at most casinos online. We’ll start you off with a summary of pros and cons of NETELLER below.
Not Available on Most Deposit Bonuses
Still Some Fees Apply
Available on Deposits & Withdrawals
One of the Safer Options
Setting Up a NETELLER Account
The clue is in the title with this one. We have given you a list of the best NETELLER casinos to play for real money at, but you'll need to be able to use the payment method. Creating a NETELLER account, that's the first step to an enjoyable online gambling experience at any casino with this banking option. Luckily, setting things up won't take much time, and their official website is extremely straight forward. In case you do have some issues, here's a handy list of steps below.
- Visit the official NETELLER website
- Look for the 'Join for free' button
- Enter all details required
- Set country and wallet currency for your 'money in' account
- Sync the 'money in' account to your chosen bank account by entering all necessary details
Follow the steps above, and you should now be able to fund your NETELLER wallet. Of course, there are other features such as joining the VIP program, two-step authentication or applying for a MasterCard. For the sake of making deposits and withdrawals at a NETELLER online casino, this is all you will need. Let the gambling experience begin!
If you are looking to play for real money, then you'll need to make an online casino NETELLER deposit at some point. As is the case with most e-wallets, using this payment method to fund your gambling account is pretty straightforward. It's usually instant, but more on this later. For what it's worth below is a step by step guide to help point you in the right direction.
How to Make a Casino Deposit with NETELLER
- Ensure that the casino is one of the gambling sites that accept NETELLER deposits
- Be sure that you have a registered casino account
- Ensure that you have set-up a NETELLER account
- Access the cashier page and select it as your desired payment method
- You'll need to enter your account ID as well as the deposit amounts
- You should receive the online payment instantly
You've followed the steps above and made a NETELLER casino deposit. There's nothing more frustrating than hitting a win only to find out that you aren't able to withdraw your funds. For starters, we suggest sticking to any of the best NETELLER casinos we listed at the start of this review.
The good news is that unlike some other payment options like the prepaid voucher Paysafecard, this option is also available on withdrawals. There are, however, some country restrictions that you'll need to be aware of. This is the case with all other popular e-wallets like Skrill and ecoPayz. UK players can, of course, make a NETELLER withdrawal and here's everything you need to know below.
How to Withdraw Real Money at NETELLER Casinos Online
- Ensure that it is possible to withdraw using NETELLER at the online casino of your choice
- Ensure that you have fulfilled all requirements such as minimum withdrawal amounts and wagers
- Access that the cashier page and select it as your desired withdrawal method
- The transaction may take some time to process since all withdrawals must be authorised
NETELLER Casino Transaction Times
When it comes to banking at online casinos that use NETELLER, most players have similar goals. They are looking to move money in as little time as possible. Let's just say that a casino with swift cashouts is going to go down extremely well with its customers. Because NETELLER is an e-wallet service, similar to other e-Banking companies, deposits are usually instant. This is often the case for other gambling-related payment options such as credit and debit cards as well as pre-paid methods. Perhaps bank transfers are one of the few options with a longer transaction time on deposits.
As for withdrawing using NETELLER, the transaction time is longer. Anti-money laundering protocols such as compulsory KYC checks have become a required of all licensed casinos online. Of course, the better ones will look to process transactions in the least time possible. What's more, withdrawing via e-money tend to be the fastest options. Transaction time can range from hours to a couple of days. It's a small price to pay for the push towards anti-fraud and an overall safe gaming environment.
NETELLER is often marketed as a being a payment solution that bears low fees. Moreover, in most cases, online casinos won't charge any costs for transactions. Setting up a NETELLER account is also free. This doesn't mean that the payment option is free from all charges. There are some NETELLER fees that players should be aware of. We have summed up the main costs below.
- Depositing into a NETELLER Account - the fee will depend on the payment method used to fund the account.
- Foreign exchange - the fee is calculated as 3.99% higher than the market value.
- Dormancy - the fee applies after 12 months of inactivity at a rate of $5 per month.
Above is a list of the main fees. There are however, some other costs that you should make yourself aware of. Other than maintenance, additional services such as applying for a NETELLER MasterCard may bear some charges. Even with these costs, the payment provider remains one of the most cost-effective options.
NETELLER and Casino Bonuses
Swift transaction times and widespread availability. These are some of the main strengths that this payment provider can offer to players at casinos that take NETELLER. Perhaps this next section is where we start to seem some cracks. Whether you're a new player or an existing one, you're going to want to pick up a casino bonus at some point. Most online casinos have a dedicated bonus section that is jam-packed full. Deposit bonuses tend to be the easiest to come by. Here is where the trouble starts when it comes to NETELLER deposits.
Its common practice for NETELLER casino sites to restrict the use of payment when looking to claim a deposit bonus. The same goes for other e-wallets like Paysafe Group's very own Skrill. While other payments can sometimes come with specific promotions, you won't find many deposit bonuses targetted at e-wallets. Never say never though, in our experience, there are still some out there. Some Skrill casinos also have no deposit bonuses up for grabs. Then again, they are becoming harder to come by in the UK due to tighter regulations by the Gambling Commission.
The reasons behind why most casino bonuses are not available on e-wallet deposits like NETELLER is quite straightforward. In most cases, the casino operates a 'one bonus per household' policy. E-money transactions allow players to open multiple accounts. This could potentially lead to bonus abuse.
A word of advice before we move on to our next section; always read the full terms! Reading any of our NETELLER casino reviews should also do the trick. Bonus eligibility is only one of the many policies; min deposit requirement is another one. The last thing you want as a new player is to make your first deposit using NETELLER, only to realise you can no longer claim that deposit bonus!
Alternatives to NETELLER at Online Casinos
Whether you choose to play at an online casino with NETELLER or not, the reality is that there are many other online payment providers out there. Perhaps you are looking to claim a deposit bonus? You may just simply want to weigh out the pros and cons of different payment methods. Here's our top pick of the best NETELLER online casino alternatives below
A favourite amongst UK players, becoming PayPal approved is considered a big deal for operators and gamblers alike. It isn't an ultimatum, but it will definitely give a casino integrity. Similar to NETELLER, this is another e-wallet service. It goes without saying that they are one of the biggest names in the industry. Perhaps the only downside to PayPal online casinos is the fact that it is not available worldwide. Not that that matters for you as UK players. Moreover, casinos will need to adhere to a strict set of rules to be deemed PayPal worthy. The result being that casinos with this payment are harder to come by.
Prepaid vouchers, in general, are becoming increasingly popular. Unlike NETELLER, a voucher syle payment like Paysafecard cuts all ties with your personal bank account. The card is available to purchase at many UK retail outlets and players can then use the 12-digit code to fund their casino account. The only issue with this is that limits tend to be quite low, which could become an issue for high rollers. Additionally, Paysafe vouchers are only available on deposits which means that you'll need to find an alternative to complete transactions anyway.
Innovative payment methods like NETELLER aren't for everyone. Some players consider the older methods like bank transfers the best go-to. They're still around for a reason after all! While many players would prefer to send a payment directly via their debit card, a transfer eliminates all risks. It is one of the safest options out there as your bankroll is fully protected. Even e-money is subject to hacking! The only downside to transfers is longer transaction times. In some cases, casinos will also charge a fee which tends to be higher than others. Moreover, not all UK banks accept to deal in trade with online casinos.
Apple Pay or GPay
If you prefer to play casino games on your smartphone, Apple Pay and GPay can deliver a seamless gaming experience. If you happen to have an Apple device, Apple Pay is available to you at online casinos. On the other hand, players with an Android smartphone can deposit with GPay. Withdrawals are still getting established, but we are confident that casino operators will figure out a way.
NETELLER Casinos FAQs
✅Which online casinos accept NETELLER?
You'll find NETELLER at most online casinos in the UK. Of course, there are still a few that haven't caught on. If you are looking to fund your gambling account using NETELLER then we suggest taking another look at our top list
💰Are there any online casino NETELLER deposit and withdrawal fees?
It depends. As a general rule, online casinos don't tend to charge players for deposits. When it comes to withdrawals, some payments do bear a fee, but in most cases, NETELLER isn't one of them. This doesn't mean that the payment method is entirely free, though. Setting up a NETELLER account won't cost you any money, but there are certain charges that you need to be aware of.
🎁Can I pick up any NETELLER casino bonuses online?
If you're a new player looking to snap up a welcome bonus or an existing one, then chances are that you won't be able to make a deposit using NETELLER. The same goes for most other e-wallets, including Skrill. There are of course some exceptions, and we have even seen NETELLER specific bonuses at a handful of online casinos. These bonus offers are however few and far between.