Moneybookers introduces Mastercard

I already used Moneybookers for bank transfers, but used Neteller for its prepaid card, but that is not necessary anymore.

do you need to be a vip ro soemthing because i cant find anything in my profile

it's under "my account" and I received an email about it. I am not a VIP (not that I know of at least), although I use Moneybookers every month.

you dont need to ba a VIP ( btw to be a VIP you have to use MB for 11k€ one month and then 5k€/month )

also MB has better exchange rates than Neteller ( even if you use it to bank wires )

Time to get me one.

This is pretty cool, especially if you live in a country that uses the same currency as your MB account, it pretty much replaces your banks credit card, Id still get it tho just for online transactions and shit.

Wait you can have 2 cards from mastercard right? I mean especially since its a debit card pretty much.

Oh would it actually be illegal to have 2 mastercards? I have the Neteller+ mastercard as well.

Ship it!

On February 04 2010 06:10 Twisted wrote: Oh would it actually be illegal to have 2 mastercards? I have the Neteller+ mastercard as well.

No I already have two, so that should be no problem.

On February 04 2010 06:03 EvilSky wrote: This is pretty cool, especially if you live in a country that uses the same currency as your MB account, it pretty much replaces your banks credit card, Id still get it tho just for online transactions and shit.

when you're a VIP you can have two accounts in different currencies

Don't get excited, yes Twisted you can have as many mastercards as you want. I have two, both moneybookers, one in USD one in EUR. It is usefull for people who won't exchange currency. I mean, if you live in UK and have your moneybookers account in USD, you will lose tons of money conversation rates smth like 1.6% everytime. Plus withdrawing at ATMs is pretty annoying since you can only cashout 250EUR a day. However if use the same currency as your moneybookers account then everything is great. The withdraw limits are low, but you will be able to pay with the card at any shop for free

Btw i have this card for half year already

On February 04 2010 06:10 Twisted wrote: Oh would it actually be illegal to have 2 mastercards? I have the Neteller+ mastercard as well.

the more u have the happier they are.

not available in Peru

only for EU
i.e. european union

it'll forever baffle me how people so readily use these ripoff vig/fee extracting third parties for their money management

On February 04 2010 12:06 Ket wrote: it'll forever baffle me how people so readily use these ripoff vig/fee extracting third parties for their money management

care to elaborate?

well there are so many charges u incur using them, mostly from currency exchange and iirc some other hidden ones especially if u get those cards, those are death. I remember i used the neteller card to get my money from atms the first year i went to vegas and it cost me $1k to get $960 out of the machine every time. Doesn't seem necessary when there are lots of ways to move money without paying any exchange fees at all. Lots of skins of big eurosite networks accept EUR/GBP balances, and now so do stars, but stars have always let you cashout directly to EUR/GBP at the true midpoint rate with no exchange fees anyway. I'm on 7 sites atm and only have to pay a little for currency exchange on one of them

Pokerstars send money to moneybookers in the currency i request (GBP) using their conversion rates before sending.

I am a VIP so moneybookers refund all withdrawal fees every month i.e. withdrawing to my bank from moneybookers costs nothing.

They have a mastercard that ive had for a while and i got the proof -- documents on file. If you cashout stars -> moneybookers, you can use the money instantly from the mastercard. There are no fees for buying stuff online but if you withdraw cash at an ATM i think theres a 2% fee+currency conversion. So, dont use the ATM and if u need to withdraw it in cash keep money in your bank. The great thing about this card imo is if you need to order something online you can just instantly do it as if pokerstars had their own credit card for account balances. Then if u want concierge, just printscreen + send the receipt to PS.

It has its own authenticator (similar to RSA) to protect your moneybookers account.

Depositing between places is something else though and i dont really do it.