Bruno712
Banned User
- Joined
- Mar 15, 2004
- Location
- Boston, MA
Has anyone else run across this?
While waiting 12 days for $400 to clear my Neteller account, I received this message on the "Raise My Limit" Instacash page (I'm paraphrasing), "In order to raise your Instacash Limit to $7500, an additional $400 in Instacash deposits must clear your account." When the $400 did clear, along with an additional $3600, I got this new message:
"You are now eligible for higher instaCASH limits. If you would like to raise your instaCASH limits to $5,000.00 per week, please email RaiseLimits@NETeller.com, and type "Raise My Limits" in the subject line.
Please include your 12-digit NETeller Account ID in the body of the email. A NETeller security agent will review your account upon receiving your email. You will be notified by email if your application is successful. Your Limit will then be raised within 1-2 business days."
Hmmm...
I'll save you the time, Grandmaster, and say up front that the violations I am about to sight are against FTC regulations in the USA. I haven't a clue what the UK or the rest of the world allows. But, here, where I live, where I do business, a company cannot advertise one thing and do another. It cannot set forth prerequisites for qualification and, when those prerequisites are met, change the rules. It is tantamount to bait and switch! Does anyone remember Green Stamps? One other thing I discovered when trying to make a withdrawal. Neteller claims to charge a fee of $2.00 when using your Neteller debit card. However, if you look further (and you have to begin the withdrawal process to be told) they actually charge the greater of $2.00 or 2.9% of the withdrawal!
I don't know if Neteller monitors this site, but if they do, I would love an explanation. I understand that they are the fastest game in town. And I have never had an issue with them other than the '12 days to clear incident' which they explained to my complete satisfaction. But, the aforementioned practices are unacceptable.
While waiting 12 days for $400 to clear my Neteller account, I received this message on the "Raise My Limit" Instacash page (I'm paraphrasing), "In order to raise your Instacash Limit to $7500, an additional $400 in Instacash deposits must clear your account." When the $400 did clear, along with an additional $3600, I got this new message:
"You are now eligible for higher instaCASH limits. If you would like to raise your instaCASH limits to $5,000.00 per week, please email RaiseLimits@NETeller.com, and type "Raise My Limits" in the subject line.
Please include your 12-digit NETeller Account ID in the body of the email. A NETeller security agent will review your account upon receiving your email. You will be notified by email if your application is successful. Your Limit will then be raised within 1-2 business days."
Hmmm...
I'll save you the time, Grandmaster, and say up front that the violations I am about to sight are against FTC regulations in the USA. I haven't a clue what the UK or the rest of the world allows. But, here, where I live, where I do business, a company cannot advertise one thing and do another. It cannot set forth prerequisites for qualification and, when those prerequisites are met, change the rules. It is tantamount to bait and switch! Does anyone remember Green Stamps? One other thing I discovered when trying to make a withdrawal. Neteller claims to charge a fee of $2.00 when using your Neteller debit card. However, if you look further (and you have to begin the withdrawal process to be told) they actually charge the greater of $2.00 or 2.9% of the withdrawal!
I don't know if Neteller monitors this site, but if they do, I would love an explanation. I understand that they are the fastest game in town. And I have never had an issue with them other than the '12 days to clear incident' which they explained to my complete satisfaction. But, the aforementioned practices are unacceptable.
