Neteller MasterCard

NETELLER Net+ Prepaid MasterCard and Net+ Virtual Mastercard

NETELLER, which is a great alternative to Paypal, is a fast and safe online money transfer service. It is one of the most popular e-transfer options on the market, as it has a great reputation for protecting its customers’ security and providing a convenient way for them to shop online. You don’t just have to shop online though; NETELLER offers ways that you can make purchases in retail locations. NETELLER has over 10 years of experience providing individuals and corporations alike with e-payment solutions and it processes billions of dollars on an annual basis. NETELLER also allows you to securely send money to friends and family. There are some fees associated with using NETELLER’s services, but they are affordable. NETELLER also offers an advantageous VIP program, with various benefits unlocking at each subsequent level. With Paypal, you won’t get rewarded for the amount of money you spend on your purchases. On the other hand, NETELLER prefers to reward its customers for their loyalty. 

So, how do you know if NETELLER is right for you? Well, if you like the idea of making safe purchases and payments with minimal efforts, then you will love NETELLER. It offers more options than Paypal and other similar services.

NETELLER MasterCards

NETELLER gives two options of MasterCards to eligible customers. One is the tangible NET+ Prepaid MasterCard, and the other is the Net+ Prepaid Virtual MasterCard. Now, both of these cards have some similarities, but there are also significant differences. To help you create the best decision about which variant is best for you, this review will look at the two options and compare their advantages, fees, and transaction limitations. 

Net+ Prepaid MasterCard

The prepaid Mastercard is a tangible debit card made of polymer plastic material, and it allows you to withdraw cash from ATMs that support MasterCard – there are thousands across the world, so this is a very convenient option! Additionally, you can use the card at any store that accepts MasterCard payments.

The Net+ Prepaid MasterCard offers contactless transactions at terminals that display the universal contactless logo. However, each country enforces its own rules as to the limits of contactless daily transactions. If your purchase exceeds this limit but remains within NETELLER’s daily transaction cap, you will have to complete the purchase using the card’s chip and PIN code. 

Speaking of chips and PIN codes, these features make your physical card very secure, so you don’t have to worry about somebody stealing your card details. 

Benefits

When you use the NETELLER Net+ Prepaid MasterCard, you aren’t going to be able to dispense more money than what remains in your eWallet balance. You don’t have to worry about going into the negatives, because the transaction simply wouldn’t go through. There is always the chance that change in currency during a pending transaction period will throw off your purchase value by a few cents, but this would very rarely make enough of a difference to make your account negative. However, if this is the case, you can just visit your NETELLER account and deposit more funds.

To deposit funds into your account, head to your account’s ‘Money Insection’ and click on the credit/debit card button. Enter the required information, and also input how much money you would like to deposit into your account. Choose the purpose of your deposit, and then confirm the transaction. When choosing your deposit’s purpose, you will identify whether or not it is for gambling. Be careful during this part; if you choose a non-gambling purpose, you will not be able to use the funds from this deposit for gambling merchants. Your funds will now be available in your NETELLER eWallet and, thus, available to draw upon from your Net+ Prepaid MasterCard. 

Fees

The NETELLER Net+ Prepaid MasterCard doesn’t have any associated monthly or annual fees. In addition to this, you don’t have to worry about paying a fee for card inactivity. 

When placing an order to receive this kind of card, you will be charged a €10.00 fee to cover the order’s shipping & handling costs. You will only have to pay this fee once unless you order a replacement at some point. If you are a Silver level VIP member, however, the card will be completely free of charge. NETELLER’s tiered VIP system will give you preferential terms.

There is always the possibility that your card will become lost or stolen. So, if this is the case, you will need to visit your account and go to the PIN tab. Then, click the “Replace Card” link. You will have to go through the card set-up process again. For each replacement card, you will be charged the €10.00 fee.

When using your NETELLER Net+ Prepaid MasterCard in a store, there will be no fee if the currencies are in alignment. However, if the transaction does not match the currency of your  NETELLER balance, you will be charged an FX (foreign transaction) fee of 3.99%. In order to reduce this fee, use our link and register your account. This will give you the VIP Bronze Pro status, and your FX fee will be reduced to 3.79%.  

In order to avoid racking up FX fees, be sure to choose a currency that you will be using in most cases. There is only one currency currently available for the NETELLER Net+ MasterCard, and this is EUR.

When utilizing your NETELLER Net+ Prepaid MasterCard to withdraw cash from an ATM, you will be charged a 1.75% fee, or a $6 charge if you are Silver VIP member or higher. If you forget your PIN and need a reminder, there will be a €0.50 fee. 

Keep in mind, all fees are taken out of your NETELLER eWallet balance.

Limits for VIP and non-VIP customers

NETELLER offers a tiered VIP program with varying benefits depending on your transaction activity. Non-VIP customers are allotted a daily ATM transaction limit of $1,000. VIP customers of the Gold level, or higher, can withdraw up to $3,300 per day. If you want easier access, our clients receive the $3,300 withdrawal limit after getting the VIP Bronze Pro status. Use our link to register your account and get this status right after verification.

Both VIP and non-VIP customers are allowed to make 10 ATM transactions per day, as well as 50 daily POS transactions.

A non-VIP customer, as well as VIP Bronze Pro and Silver level members, can make $3,000 worth of POS transactions per day, while Gold VIP members and above can make $7000 worth of POS acquisitions. 

How to Order Your NETELLER Net+ Prepaid MasterCard

Ordering your brand new Prepaid Net+ MasterCard could not be simpler! First, you will need to enter your NETELLER account, and then click the “Net+ cards” option. Next, click “Get a plastic card.” Confirm your mailing address, choose your desired currency, select a PIN number, and click the “Confirm” button. Congratulations! Your brand new card will arrive anywhere between 2 to 10 business days, in most cases. Keep in mind that there shall be a €10 fee deducted from your NETELLER balance to cover the card’s shipping and handling. 

NETELLER Net+ Virtual Prepaid Mastercard

If having a tangible NETELLER card doesn’t meet all of your needs, then perhaps you should consider looking checking out the Net+ Virtual Prepaid MasterCard. It is totally virtual and allows you to shop online in the same manner as a debit card does.

Benefits

You don’t have to worry about keeping track of a physical card. Purchasing items online will be quick and easy! Furthermore, you may have up to five Net+ Virtual Prepaid MasterCards active simultaneously. 

To deposit money into your NETELLER account, which enables you to access the money with your virtual NET+ card, follow the instructions that we gave earlier in the physical card’s section. 

With a virtual card, you don’t have to worry about a third party stealing your card information. One excellent industry to use a virtual card in is the hotel industry. Virtual cards have been completely transforming the process of booking a hotel room and for good reason. After all, virtual cards are only able to be charged for a constrained period of time and a limited amount of money. It also isn’t linked to a credit card, so becoming a fraud victim is extremely unlikely to happen. Use the virtual Mastercard to feel completely safe in your hotel bookings.

Fees

Your very first Net+ Virtual Prepaid Mastercard is completely free! There is no activation fee and, since the card is not physical, there is no shipping & handling charge. However, after your first card, there will be a €3 fee for each subsequent card. 

When you complete a purchase in a different currency than what is on your card, there shall be an FX fee of 3.99%, just like with the physical card. 

You cannot use the virtual card at an ATM, so there are no applicable ATM withdrawal fees.

Limits

If you are an unverified NETELLER member, you will have a maximum lifetime transaction cap that is in accordance with your country. Typically, the cap will be €150 per month of €500 overall. In order to become verified, you must upload a copy of your photo ID to your NETELLER account settings. You must also use your webcam or mobile device to take a photo of your face. Finally, you must verify your address by enabling your web browser’s geolocation. If this is not possible, you will have to upload a special document for address verification. 

If your NETELLER account is verified, then you won’t have a mandatory lifetime transaction cap. However, you still have the option to set one when you are creating the card. 

VIP and Non-VIP NETELLER customers do not have different limits for the Net+ Virtual PrePaid Mastercard. If you are verified, then you will be allowed to make ten POS purchases every twenty-four hours, with an overall value cap of $7,000.

How to Order Your NETELLER Net+ Virtual Prepaid Mastercard

The process of ordering the Net+ Virtual Prepaid Mastercard is a little different from ordering the tangible card. First, access your NETELLER account and click the “NET+ cards” option. Next, click “Virtual Card.” You will be prompted to pick out your desired card currency, the legal name that you want to be displayed on your card, a valid form of ID, and an optional limit for lifetime transactions. If you have previously had a Virtual Prepaid Net+ MasterCard, you shall also have to pay the administrative fee. After completing this process, you shall get a notification telling you that you can now make purchases with your virtual card. The NET+ virtual prepaid card is very secure; NETELLER uses the latest anti-fraud tools to protect your account from false transactions. 

If you run out of funds on your Net+ virtual prepaid Mastercard, you will not be able to make any more purchases until you deposit more money. If you don’t have the funds for a purchase, the transaction will be declined.

Availability of NETELLER Net+ Prepaid MasterCard and Virtual Card

Prepaid Net+ MasterCards – both the physical and the virtual versions – may only be used by people who live in countries classified under the EEA (European Economic Area) label. The applicable countries are highlighted in green on the map. Here is the full breakdown of EEA members:

If you aren’t sure whether your country is serviced, you can view our NETELLER’s map below.

Comparison of NETELLER Net+ Prepaid MasterCard and Virtual Card

You will not be able to use your Virtual Prepaid Net+ MasterCard in physical stores or to make ATM withdrawals. Additionally, you should not use it when you use the internet to rent a car, purchase a flight, or make any other purchase where your card number needs to be confirmed. Some of these companies are not set up to confirm virtual numbers and, instead, need an identifying number from a physical card. So, the physical NET+ Prepaid MasterCard gives you more flexibility and purchasing options than its virtual counterpart. 

On the other hand, your first Virtual Prepaid Net+ MasterCard does not come with an activation fee. In addition to this, you don’t have to worry about accidentally losing the card. You also have the option to set a lifetime limit, which you don’t have the capability of doing with a tangible Net+ Prepaid MasterCard. 

Even if your account has not been verified yet, you can get a virtual NET+ Prepaid MasterCard – there will just be a transaction cap. On the other hand, you are not eligible to order a physical NET+ Prepaid MasterCard if your account has not yet been verified.

The Net+ Prepaid MasterCard will arrive at your address within 2-10 business days. On the other hand, you will be able to use the Net+ Prepaid Virtual MasterCard immediately after creating it. So, it is a great option if you need to make an instant purchase. 

You will be able to link your Net+ Prepaid Mastercard to Paypal, which will let you send money without a commission fee. However, Paypal will not allow you to connect Virtual Prepaid Net+ MasterCard. 

Those are the differences between the physical and virtual NET+ Prepaid MasterCards, but what do they have in common? Well, they both have a 3.99% Foreign Transaction fee. The cards are also directly connected to your NETELLER eWallet balance, so you don’t have to worry about loading funds.  A drawback that both cards have is that you cannot use them for making deposits or withdrawals for gambling services; transactions for online and land-based casinos will not go through.

Summary

We hope that you found this review of the Net+ Prepaid MasterCard vs the Virtual Prepaid MasterCard to be useful! To summarize, the physical Net+ card gives you flexibility with what you purchase. Plus, you will be able to use it to withdraw cash from ATMs. On the other hand, you can use the virtual NET+ card immediately after creating it, in addition to being able to set a lifetime limit and having up to 5 cards active at once. 

If you are planning on connecting your card to Paypal, it would be best to use the physical Net+ Prepaid Mastercard. 

Both the physical Net+ Prepaid Mastercard and its virtual counterpart are great options; just be sure to thoroughly analyze your needs before making the decision as to which one you want. Or, for the best of both worlds, sign up for both kinds! Deposit funds into your NETELLER account – then, having both kinds of cards in your arsenal will allow you to make nearly any kind of purchase.