I am a VIP at Neteller, and this is one way to get your limits increased. In order to get an account upgrade, you first have to link it to a bank account, and then have this verified (they pay a tiny sum in, and you have to verify what you received). Once this is done, you can request an upgrade from "Certified" to one of the "Premium" levels. This will allow far greater transaction limits, and if you start now, you could have all this in place to take advantage of the fee waiver for uploading to Neteller.
As to making money from this, as opposed to saving money, this would depend on whether the fee waiver extends to CREDIT cards. If so, all you need is a cashback card that would record the transaction as a "purchase", rather than a "cash advance" or "gambling transaction".
Normal upload fees for CREDIT cards are a whopping 8.9%
I have also been told that "Neteller UK" no longer exists as a separate entity, and that UK customers are simply customers of Neteller "international" - just as it was three years ago before they got an FSA licence (which they still seem to have).
This promotion MAY be a response to them losing customers to Moneybookers, or a fear of this happening. Much of the negative press has been about Neteller, while Moneybookers has only been lightly tarnised by minor incidents. This has resulted in Neteller seeming to be a more risky place to have money than Moneybookers, whereas the risks are about the same.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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