Which Skrill and NETELLER fees are affected?
Purpose of this article is to explain the upcoming Skrill and NETELLER fee changes in detail as well as to tell you how to avoid them and what the best alternative is.
On the 17th of October both Skrill and NETELLER will increase their peer-to-peer (p2p) transfer fees, their currency conversion fees (FX fees) and the fees for sending money from Skrill to NETELLER and the other way around.
Those fee increases apply to all customers, however their affect depends mainly on your current VIP Level!
Please Note: The higher your VIP-Level, the less you will be affected.
Become VIP now to avoid higher fees!
Conclusion: Become VIP now and avoid higher fees!
If you sign up through us for one of our eWallet deals you get Silver VIP status at NETELLER straight away and can become VIP at Skrill quickly as well plus earning massive cashback, when making deposits and withdrawals at online poker rooms.
It is completely free of charge, so sign up today and start saving money when making online transactions!
Overview of all Fee Changes
Fee Changes for transfers between accounts (p2p fees)
Skrill:
- The p2p fee for non-VIPs will be increased from 1% (CAP: €10) to 1.9% (CAP: €20).
- For VIPs the p2p fee will remain at only 1%, while it will be capped for Bornze at €10 and at €2 for all Silver, Gold and Diamond VIPs.
NETELLER:
- The p2p fee for non-VIPs will also be increased from 1% (CAP: $10) to 1.9% (CAP: $20).
- When holding VIP status it will be only 1% for all levels with a CAP of $10 for Bronze & Silver and a CAP of $2 for Gold, Platinum and Diamond.
Currency Conversions fees (FX fees) at Skrill & NETELLER
The so-called FX Fee = fee for currency conversions will also change on the 17th of October.
Skrill:
FX Fee or Non-VIPs:
The FX fee for non-VIPs will be increased from 2.99% to 3.99%.
FX Fee for VIPs:
- Bronze: Increased from 2.69% to 3.79%.
- Silver: Increased from 2.39% to 2.89%.
- Gold: Increased from 2.09% to 2.59%.
- Diamond: No increase – 1.99%.
NETELLER:
FX Fee or Non-VIPs:
The FX fee for non-VIPs will be increased from 3.39% to 3.99%.
FX Fee for VIPs:
- Bronze: Increased from 3.09% to 3.79%.
- Silver: Increased from 2.59% to 3.19%.
- Gold: Increased from 2.19% to 2.79%.
- Platinum: Increased from 1.99% to 39%.
- Diamond: Increased from 1.0% to 1.29%.
Fee Changes for sending money between Skrill & NETELLER
Earlier this year Skrill and NETELLER introduced the option to transfer money between Skrill and NETELLER.
The fee for sending money between your Skrill & NETELLER account is 1.9% (No CAP!) at the moment. It will be increased to 3% on the 17th of October.
Best Alternative: ecoPayz
We are offering a great deal for ecoPayz and they didn’t increase their fees, making them the best eWallet choice and alternative at the moment.
Here are the details of our special ecoPayz Cashback Deal:
- Instant ecoPayz gold VIP status with multiple currency account.
- Up to 3 free ecoCard PrePaid MasterCards with a 1,500 EUR/day ATM limit.
- HIGHEST ecoPayz Cashback Program on the net (0.6-1.2%).
- HIGHEST Transfer Limits of 1.2m EUR/month.
- HIGHEST VIP Level after 10,000 EUR transfers only.
- EXCLUSIVE VIP-Grinders Promotion: Transfer €5,000 to a merchant and receive an extra €50€ and the highest VIP Status!
- Personal Skype Support, instant verification.
Check out all the details of our eWallet deals here and sign up today to counter the fee increase through earning massive cashback!
