Skrill vs Neteller: fees, bonuses, VIP and which wallet to open
Skrill is cheaper to fund and is the only one of the two with a sign-up offer in 2026, while Neteller converts currency more cheaply on a standard account, up to 3.99% against Skrill's 4.49% (fee pages checked on 27 October 2026). Both are Paysafe Group e-wallets with the same 1.75% bank withdrawal fee. This guide is for bettors choosing which wallet to open, or whether to keep both, and covers both wallets outside the US.
Key takeaways
- Skrill charges 0.00% to top up by bank transfer and up to 1.25% by card, while Neteller charges 0–1% from a local bank and 2.5% by card, Trustly or international bank transfer.
- On a standard account Neteller converts currency for up to 3.99% and Skrill for 4.49%, so converting €1,000 costs up to €39.90 against €44.90.
- At each VIP tier from Silver to Diamond Skrill's conversion rate is lower (2.89%, 2.59%, 1.99%) than Neteller's (3.19%, 2.79%, 2.39%); only Neteller Exclusive, from USD 600,000 a quarter, goes down to 1.29%.
- Both wallets charge 1.75% to withdraw to a bank, 3.49% to move money to the other wallet and 5 a month (EUR or USD) after 6 months without activity.
- Only Skrill has a sign-up offer in 2026, the Mission Deposit Bonus in six countries until 31 December 2026.
How do Skrill and Neteller fees compare?
Skrill and Neteller charge the same 1.75% to withdraw to a bank account and nothing on a payment to a merchant, but Skrill is cheaper to top up (0.00% by bank transfer, up to 1.25% by card) and Neteller is cheaper to convert currency (up to 3.99% against 4.49%), according to both fee pages checked on 27 October 2026.
| Transaction | Skrill fee (amounts in EUR) | Neteller fee (amounts in USD) |
|---|---|---|
| Top-up by bank transfer | 0.00% | 0–1% from a local bank; 2.5% international |
| Top-up by Visa or Mastercard | up to 1.25% | 2.5% |
| Top-up by Trustly | not listed | 2.5% |
| Top-up by BLIK | 0.00% | not listed |
| Top-up by paysafecard | up to 5.00% | 0–5% |
| Payment to a merchant | no fee | 0% |
| Withdrawal to a bank account | 1.75%, minimum 3.50 | 1.75%, minimum 3.50 |
| Withdrawal to Visa or Mastercard | up to 3.99%, minimum 0.99 | 0–3.99% |
| Transfer to the other wallet | 3.49% | 3.49% |
| Sending money to another user | 2.99%, minimum 0.50 | 2.99%, minimum 0.50 |
| Currency conversion | 4.49% | up to 3.99% |
| No login or transaction for 6 months | 5.00 a month | 5.00 a month |
| Prepaid Mastercard, order and annual fee | 10 and 10 | 10 and 10 |
| Prepaid Mastercard, money received on the card (since 1 April 2026) | 0.50%, minimum 1.00 | 0.50%, minimum 1.00 |
Checked on 27 October 2026 on Skrill's fee page and Neteller's fee page. Skrill quotes its fees in euros and Neteller in US dollars; an account in another currency pays the equivalent.
Older guides still quote 3.99% for Skrill's currency conversion (the fee page says 4.49%), a flat USD 10 for Neteller's bank withdrawal (1.75%, minimum USD 3.50, since 12 January 2026) and an inactivity fee after 12 months (6 at both). Each wallet is explained line by line in Skrill fees explained and Neteller fees explained.
What does the same round trip cost in each wallet?
The same bettor pays €5.25 with Skrill and €5.25 to €7.25 with Neteller to top up €200 from a local bank, deposit it at a betting site and later withdraw €300 to the bank, at the fees checked on 27 October 2026. The gap widens with card top-ups and reverses when currency is converted.
| Example (EUR wallet) | Skrill (EUR) | Neteller (EUR) |
|---|---|---|
| Top up €200 by local bank transfer | 0.00 | 0.00–2.00 |
| Top up €200 by card instead | up to 2.50 | 5.00 |
| Deposit €200 at a betting site | 0.00 | 0.00 |
| Withdraw €300 to a bank account | 5.25 | 5.25 |
| Round trip with a bank top-up | 5.25 | 5.25–7.25 |
| Round trip with a card top-up | up to 7.75 | 10.25 |
| Convert €1,000, standard account | 44.90 | up to 39.90 |
| Convert €1,000 at VIP Silver | 28.90 | 31.90 |
Worked out from the Skrill and Neteller fee and VIP pages, checked on 27 October 2026.
Skrill's €3.50 minimum stops mattering from €200, and conversion is the largest cost of all, so the cheapest route at either wallet is an account in the currency of your betting site. Try your own amounts, top-up method, currency and VIP level in the calculator below.
| Fee | CheaperSkrill | Neteller |
|---|---|---|
| Top-up | €0.00 | €1.00 |
| Deposit conversion | €0.00 | €0.00 |
| Payout conversion | €0.00 | €0.00 |
| Inactivity | €0.00 | €0.00 |
| Withdrawal | €3.50 | €3.13 |
| Total | €3.50 | €4.13 |
| Share of the top-up | 3.50% | 4.13% |
Are Skrill and Neteller the same company?
Skrill and Neteller are separate e-wallets owned by the same company, Paysafe Group, which also owns Paysafecard. Each keeps its own accounts, fees and VIP programme, so a Skrill account is not a Neteller account, and each is held with a regulated Paysafe company that depends on where you live.
| Wallet | Customers | Regulated entity | Regulator and number |
|---|---|---|---|
| Skrill | UK and outside the EEA | Skrill Limited | Financial Conduct Authority, FRN 900001 |
| Skrill | EEA | Paysafe Payment Solutions Limited | Central Bank of Ireland |
| Neteller | UK and outside the EEA | Paysafe Financial Services Limited | Financial Conduct Authority, FRN 900015 |
| Neteller | EEA | Paysafe Payment Solutions Limited | Central Bank of Ireland, C184986 |
Sources: Paysafe regulatory disclosures and Neteller terms of use, checked on 27 October 2026.
In practice the shared owner means the same kind of identity check (a document and a selfie, see Skrill and Neteller verification), the same regulators in each region and VIP status based on a calendar quarter at both; what the regulators cover is in are Skrill and Neteller safe.
How do Skrill VIP and Neteller VIP compare?
Skrill VIP starts at €15,000 and Neteller VIP at USD 15,000 of transactions in a calendar quarter, and at each tier from Silver to Diamond Skrill's currency conversion rate is lower than Neteller's (VIP pages checked on 27 October 2026). Neteller adds a fourth tier, Exclusive, at USD 600,000 a quarter and 1.29%.
Checked on 27 October 2026 on Skrill VIP and Neteller VIP. Neteller's fee page says VIP members pay "as little as 1%" for conversion; its VIP page lists 1.29% at the top tier.
A deposit from the wallet into a betting site counts as a merchant payment at both. The benefits differ more than the thresholds:
- Skrill, at every VIP level: no bank withdrawal fee, no fee to send money to other users, a Prepaid Mastercard at no cost and card withdrawals at 1.99%; a personal account manager from Gold.
- Neteller, from Silver: a personal VIP manager, money transfers to other users with no fee in most countries (1.45% in some), and "discounted deposits and withdrawals" at the account manager's discretion.
So the bank withdrawal fee disappears at Skrill Silver and at no Neteller tier, unless a Neteller account manager agrees a discount.
Which wallet has a sign-up bonus?
Only Skrill has a sign-up offer on 27 October 2026: the Mission Deposit Bonus, open to new customers in the UK, France, Germany, Italy and Poland until 31 December 2026, and in Spain under its own terms until the same date. Neteller has no offer for new customers, and its last referral programme ended on 21 September 2026.
Skrill's offer pays 10,000 Knect points, worth EUR 10, for a deposit and a merchant payment of at least EUR 10 each within 30 days of registering (terms); see Skrill sign-up bonus and Neteller bonus and promo codes.
Which wallet do licensed bookmakers accept?
Many licensed betting sites list both wallets in their cashier, but acceptance differs by country and by operator, and some sites take only one.
Deposits, payouts, welcome offers and the rules in the UK, Germany and Australia are in Skrill and Neteller for betting.
Skrill or Neteller: which should you open?
Skrill suits most bettors who fund the wallet by bank transfer or card and move up to €90,000 a quarter, and Neteller suits those who convert currency often on a standard account or move more than USD 600,000 a quarter, at the fees checked on 27 October 2026.
| Your situation | Better fit | Why |
|---|---|---|
| Small amounts, topped up by bank transfer or BLIK | Skrill | 0.00% against Neteller's 0–1% from a local bank |
| Topping up by card | Skrill | up to 1.25% against 2.5% |
| Frequent currency conversion on a standard account | Neteller | up to 3.99% against 4.49% |
| €15,000 to €90,000 a quarter | Skrill | lower conversion at each tier, no bank withdrawal fee |
| More than USD 600,000 a quarter | Neteller | Exclusive tier at 1.29% |
| Opening before 31 December 2026 in a bonus country | Skrill | the only sign-up offer of the two |
| Your betting site takes only one of them | that one | it has to be in the cashier |
If you keep both, fund each from your bank rather than paying 3.49% between them. To start, open a Skrill account or open a Neteller account in the currency you bet in (Skrill steps, Neteller steps); our Skrill review and Neteller review cover each wallet in full.
Summary
Skrill and Neteller are both Paysafe Group wallets with the same 1.75% bank withdrawal fee. Skrill is cheaper to fund (0.00% by bank transfer, up to 1.25% by card, against 0–1% and 2.5%), converts more cheaply at every VIP tier from Silver to Diamond and has the only sign-up offer, until 31 December 2026. Neteller converts more cheaply on a standard account (up to 3.99% against 4.49%) and has a 1.29% tier from USD 600,000 a quarter. Fees checked on 27 October 2026.
FAQ
Neteller vs Skrill: which is better?
Skrill is cheaper for most bettors, at 0.00% to top up by bank transfer and up to 1.25% by card against Neteller's 0–1% and 2.5%, and it has the only sign-up offer of 2026. Neteller is better for frequent currency conversion on a standard account.
Are Skrill and Neteller the same?
No: Skrill and Neteller are separate wallets with their own accounts and fees, owned by the same company, Paysafe Group. They share regulators, the kind of verification they ask for and the idea of a quarterly VIP programme.
What are the Neteller vs Skrill fees for withdrawals?
Both charge 1.75% to withdraw to a bank account, with a minimum of €3.50 at Skrill and USD 3.50 at Neteller (fee pages checked on 27 October 2026). The flat USD 10 Neteller fee still quoted in places has not applied since 12 January 2026.
Which wallet is cheaper for currency conversion?
Neteller is cheaper on a standard account, at up to 3.99% against Skrill's 4.49%. At VIP Silver, Gold and Diamond Skrill is cheaper (2.89%, 2.59% and 1.99% against 3.19%, 2.79% and 2.39%), and only Neteller Exclusive, from USD 600,000 a quarter, reaches 1.29%.
Can I transfer money from Skrill to Neteller?
Yes, but it costs 3.49% in either direction, so moving €500 from one wallet to the other costs €17.45 (fee pages checked on 27 October 2026). Topping up each wallet from your bank is cheaper.
Do betting sites accept both Skrill and Neteller?
Many licensed betting sites list both, but not all of them, and some take only one: check the cashier of the site you use.