Payoneer MasterCard Activation fee and Annual Fee

RaheeRahee Posts: 5Member
edited October 2016 in Ask The Community
Hello

I just got my MasterCard from Payoneer. I'm in Bangladesh.
My question is what is the activation fee for the card and what is the annual fee for my account?

Is my card activated after the online activation process or do I have to wait for some time?
Rahee Zaman

Comments

  • Golam_AzamGolam_Azam ✭✭ Posts: 105Member ✭✭
    @Rahee,
    There is no activation fee. There is annual fee only. It is $29 per year depending on your referral.
    Thank You! 
    Golam Azam
  • RaheeRahee Posts: 5Member
    Thanks. But I can't add the card on google wallet. Do I need to load it with funds before adding it? And is the atm cash withdraw process different from the cards we use in Bangladesh?
    Rahee Zaman
  • Golam_AzamGolam_Azam ✭✭ Posts: 105Member ✭✭
    @Rahee,
    Put the information accurately to add payment method on google wallet. To active card facilities, you have to load the card at least one time. It is not necessary to have balance on card to add on google wallet. The withdrawal process is same for all ATM booths But I suggest you to choose Bank withdrawal because of getting actual exchange rate.

    Thank You
    Golam Azam
  • RaheeRahee Posts: 5Member
    Oh. Thanks a bunch. What is there service charge if I use the card at a shop and the exchange rate?
    Rahee Zaman
  • Golam_AzamGolam_Azam ✭✭ Posts: 105Member ✭✭
    @Rahee,
    Payoneer don't charge for shopping. The processing fees determined by the company where you are shopping. As far I know, actual exchange rate is counted...
    Thank You!
    Golam Azam
  • PayoneerBrasilHelpPayoneerBrasilHelp ✭✭ Posts: 73Member ✭✭
    Also note that a lot of international services like Google walltet may also reject Payoneer as a card and will not accept it. There is no guarantee. 
  • RaheeRahee Posts: 5Member
    I read somewhere that my first annual fee will be cut from my first payment. Is it true?
    Rahee Zaman
  • PayoneerBrasilHelpPayoneerBrasilHelp ✭✭ Posts: 73Member ✭✭
    Yes, before you can withdrawal any funds, the first annual fee is taken out. But you will love their services nevertheless! I have been using them for almost 4  or 5 years now and I love it! 
  • RaheeRahee Posts: 5Member
    Thanks mate
    Rahee Zaman
  • PayoneerBrasilHelpPayoneerBrasilHelp ✭✭ Posts: 73Member ✭✭
    You're welcome!
  • srhossain3srhossain3 Posts: 1Member
    will the charge cut at a time from the first load.....?
  • sharif2bdsharif2bd Posts: 1Member
    In Bangladesh, have any authorized Payoneer agent??
  • SheedalSheedal ✭✭ Posts: 35Member ✭✭

    @Golam_Azam said:
    @Rahee,
    There is no activation fee. There is annual fee only. It is $29 per year depending on your referral.
    Thank You! 

    Are you sure Depending on your Referral??? What does this mean? can you please clarify it. And normally Payoneer fees per year is $29.95 which is not charged by Payoneer just for maintaining an account but the fee is charged for ordering & maintaining a Payoneer Card also known as MasterCard. However there are more fees associated with Payoneer. Please check here for further info: https://www.payoneerhow.com/payoneer-fees/

    **Sign UP & Earn $35 BONUS!!!** <3

    >>>(http://tracking.payoneer.com/SHU4 <<<
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