NETELLER

Posted by Nat
July 30, 2007

If you’ve had money frozen in NETELLER for awhile, you can go get it now. They finally started allowing US members to withdraw. Tell your friends.

I P2Ped my money out 6 months ago at a 1.9% transfer fee. Since I had it in a 5% annual money market, I guess I made a small amount of money on the decision to take it out. But it was basically breakeven.

Update.

I recently received this comment: “you pay tax on money market account interest. it was a loss”

I also get to deduct the 1.9% in fees that I paid. I’m pretty sure it was about breakeven. :)

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Comments
Comment by ispiked on July 30, 2007 @ 3:01 pm

Nat, you might want to put some type of warning about potential scams (like was done in the CardPlayer.com announcement) warning people to make sure they are at “http://www.neteller.com/” when they submit their info., etc.

Comment by dw on July 30, 2007 @ 10:04 pm

you pay tax on money market account interest. it was a loss :)

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