We have updated the Payoneer Fees post. Check it out below how much Payoneer is going to be charging you for the transactions you’ll be making with it.
Payoneer is an online banking platform for Bloggers, Affiliate Marketers, Freelancers & all those who want to send payments & get paid by cross-border companies at very affordable fees. With that in mind, let’s learn everything about the Payoneer Fees, Payoneer Card fees and how much you’ll be charged by creating an account in this post.
Even though, just by having a verified Payoneer Account won’t cost you any fees except the Card that will cost you around $29.95 each year if you have activated & linked it with your account otherwise using Payoneer is totally free.
As you may know, Payoneer has various methods of withdrawing, transacting & funding methods & ways for which there are various charges & fees associated with your account, as well. If you’re new to Payoneer or you wanna know about its fees then you’re here in the right place. We’re going to take you through the following Payoneer Fees table that will help you understand their Fees that how much you’ll be charged for each transaction you make through Payoneer.
Posts you may like to read:
- Is Payoneer Scam? Am I Safe With Payoneer?
- A Step by Step Payoneer Sign UP Guide [2021 Updated]
- Payoneer $25 Bonus [Sign UP today to Earn This Bonus]
If you’re using Payoneer ATM Card and want to know how much Payoneer will cost you for each time you withdraw money through ATM using your Card, while making shopping online or offline in-stores then check out this Fees table here.
So in short, these are the fees that are associated with your Payoneer Card.
Payoneer Fees (2019 Updated)
| Payoneer Prepaid MasterCard | Fees |
|---|---|
| Card Annual Activation | $29.95 |
| Card Replacement | $12.95 |
| Online or In Stores Purchases | $0.00 (Free) |
| ATM Withdrawal | $3.15 |
| ATM Decline | $1 |
| ATM Balance Inquiry | $1 |
In the below table, you can learn how much you will be charged by Payoneer if you will make payment worldwide or any of your clients or anyone else send a payment to you through his/her Payoneer Account.
Payoneer Receive Payment Fees:
| Payment Types | Fees |
|---|---|
| Global Payment Service | 1% |
| Direct Payments From Customers | Up to 3% |
| Payments From Affiliate Networks, Marketplaces, Ad Networks etc. | Fee is set by each Marketplace. |
| Make A Payment | Free |
Also note, each time you receive payments from any online marketplaces such as Ad Networks, Affiliate Networks or any other marketplace, you will be charged $2 by Payoneer (the payment will be transferred to your account within 2 to 3 days) while if you choose the Immediate Transfer, you will be charged $5 by Payoneer the payment will be transferred to your account within 2 hours.
Here are some more details on what are the Payoneer Fees (hidden from you 🙂 Just kidding) to check out for your better understandings.
Payoneer Bank Transfer Fees
Normally Payoneer charges only $5.95 or $9.95 in some countries from your funds however the rest of the fee from your fund will be charged by your bank.
Payoneer ATM Withdrawal Fees
As I have mentioned above, Payoneer will only charge you $3.15 from the amount you withdraw however the ATM from which you’re withdrawing your funds will also charge you so normally you’ll be charged around $7 or $7.95 on your total ATM Withdrawal.
Fiverr to Payoneer Fees
No matter you’re withdrawing funds from Fiverr or any other marketplace, the normal withdrawal fee Payoneer will charge you is $2, however, if you want instant funds loading, Payoneer will charge you $5 and the funds will be transferred to your account within an hour.
Payoneer Annual Fees
It’s all free to Sign Up for Payoneer and there are no fees for just creating an account & maintaining it. However, upon ordering a Payoneer MasterCard & linking it with your account, Payoneer will charge you $29.95 each year as long as it doesn’t expire.
Payoneer Exchange Fees
Normally when you withdraw payments from your Payoneer account in a different currency via a bank account, there’s 2% conversion/exchange rate set by Payoneer, however, the Payoneer MasterCard conversion/exchange fees is 3.5% of the total amount you withdraw.
Is there Payoneer Monthly Fee?
No, Payoneer doesn’t charge you any monthly fee or any maintenance fee but for every transaction that you’ll be making via Payoneer & withdrawing money through ATM will cost you fees.
Is Payoneer Fees Calculator Available?
Most of the web users search for Payoneer Fees Calculator but in fact, Payoneer fees are different for every transaction & every activity so there is no tool or Calculator that you can use to calculate your Payoneer Expenses & Fees. However, you can check your Payoneer Statement to know how much funds you have received and spent via your Payoneer account & ATM.
Conclusion
After all, we concluded that just by signing up for a Payoneer Account, there are no fees but as long as you’re using the Payoneer Card, the $29.95 fee will be charged each year and also upon receiving payments via Payoneer from any marketplace, there’s a separate $2 to $5 fee for Normal & Instant Withdrawal.
I hope you enjoyed this post. In case you have any question regarding our post then don’t forget to leave your comments below and happily I’d be back to you soon.
HI Team
A very nice article ever had. Keep on good work. Love to read your articles. Keep on post.
Great Job
Hey @Flamingo,
Thanks for your kind words.
Alex,
Great Post Alex! Do you know if there are extra fees if you use your Payoneer debit card with World Remit app?
I live in the Dominican Republic, i want to know if i use my card in local stores what is the conversion rate from dollars because we use dominican pesos. Is better to withdraw the money in an atm or using the money directly as a card is a better option knowing we dont pay in dollars in my country. (i tried withdrawing a payment and the bank charged me around 18 dollars for a 135 us dollars payment
Hey Bro Abel,
I’m sorry for the late response but I could not reach out to you.
IF you have balance (in Dollar $) in your account and if you want to make online or offline purchases in local stores then there are no fees however if you want to make purchases in a different currency than the balance you have in your Payoneer Account then Payoneer charges around 3.5% of the total payment you pay to the store.
However now Payoneer does support multiple currencies and you can fund your Payoneer account in multiple currencies and can make payments in multiple currencies to save Payoneer Fees & Cost!
Hope this helps.
Regards,
Alex
Aslamu U Alaikum!
HEY GUYZ, I NEED PAYONEER MASTER CARD, HOW MUCH FEES IS APPLICABLE FOR CARD, AND HOW CAN I WITHDRAW MONEY FROM PAYONEER, REPLY ME SOON, I DID NOT RECIEVE CARD, FOR WHICH I ALREADY APPLIED.
CALL ME : 03413613758
E-MAIL : m.faizan281292@gmail.com
Hello @MUHAMMAD,
Did you sign up for Payoneer using our deal link? Did you create an account with Payoneer & was it confirmed by Payoneer sending you a confirmation email? If your account is confirmed & you have signed up using our bonus link then soon your will receive Payoneer MasterCard on the address you have provided just after 20 to 40 days after applying for an account.
Upon receiving a payment to your Payoneer account, you will also earn $25 to $50 bonus if you have signed up using our bonus link.
You can also withdraw as much as you can using Payoneer to Bank Transfer method. MasterCard withdrawal limit per transaction is I think $220. You can make multiple transactions at the same time.
Let me know if you have any other question.
Cheer,
Alex
how do we get to know that our master card is arrived or not…??
Hello @SuDip,
Just check here: https://freelancerhelp.net/forum/discussion/6/how-to-know-if-mastercard-is-arrived#latest
Dear PAYONEER
what is the procedure for finish the payoneer account?
Hey REDA,
Do you want to Create Payoneer Account or just want to cancel your Payoneer Account?
Please confirm so I can further guide you if you’re still here with us.
Alex
Dear Payoneer,
Is it possible to transfer money from the Payoneer Card to a bank account?
Is there a $ limit for bank account transfers? Are there any fees?
Thank you!
Hello @Anastasia,
Yes, you can transfer money from your Payoneer Card to your local bank Account.
If you transfer money from Payoneer to your local bank account in same currency then you will be charged $1.5 ONLY such as USD to USD or EUR to EUR etc.
However, if you transfer money in different currency then you will be charged up to 2% of your total payment you transfer.
Hope this clarifies.
Let me know if you have any further question.
Dear Alex,
Thank you!
And is there a limit to the total amount that can be transferred in one operation to the bank account?
No, there is no specified limit but while withdrawing & transferring payments, you will definitely see the limit amount there and if you don’t see at the time of transferring payments, then that means you can transfer the amount you choose.
Do I have to pay annual fee if I am only receiving money through the Global Bank Transfer?
If you’re maintaining the Payoneer Card then you’ll need to pay the Card Annual Fee only.
Pingback: Sign UP with Payoneer & Earn $35 Bonus [2018 Updated]
Dear Alex,
And one more question: does this account have to be mine (under the same name as my Payoneer card) or it can be an account of a relative or friend?
In order to transfer money to a local bank account, you must link your local bank account with Payoneer otherwise you won’t be able to make the payment transfer. [Doesn’t matter if you have linked your friends or relative or your own bank account with Payoneer].
Dear Alex,
Please can one link more than one local bank account to payoner?
How many local account can we link with it?
Hello.
Please,am in Ghana and I have my payoneer card with me but i want to know if am to receive a payment from a friend in US through a bank transfer to my payoneer account, would it affect my account and can i also withdraw the funds?
Hey Daniel,
Payoneer does not provide any direct way to fund your Payoneer Account however it does allow you to get paid by US Companies & US Bank Accounts i.e Bank Account (Probably in US Only, even though I’m not sure enough about this) & Credit Card.
Hi Alex,
You seem quite informative, two quick questions i have.
1. If we have linked a local bank account with payoneer, would that be only bank to get the money from or we can use any atm.
2. Can we get the money in dollars in pakistan.
Thanks @Irfan for commenting!
Here are answers to your questions.
1. Payoneer lets you withdraw your funds right to your local bank account as well as using ATM using the Card you will receive for your Payoneer Account. [If you have received the fund into your local bank account then you can also use your local bank account ATM Card to withdraw those funds]
2. No, each time you withdraw money, it will be in the respective currency such as in Pakistan, it will be in PKR, In UAE, it will be in AED, In USA, it will be in Dollars etc.
Hope this helps. Let me know if you have any further question.
Hello Alex,
Even if i have bank account in Euro,linked with payoneer account, i will not be able to get funds in the Euro?
Thank’s in advance. Tomislav.
Hey there,
You will get funds in euro if your bank currency is euro.
Let me know if u have any other questions.
Hi Alex,
I am a newbie here and your replies have been very informative. Thanks for the sharing so far. Can I ask you a few questions:
1) I recently received and activated my Payoneer Debit Mastercard and I noticed there is a USD2.82 automatic load to debit card charges for USD 320. So I assume this is the standard rate by %? How do I disable the automatic load to debit card?
2) There are also two very steep charges for two payments made to me ” Online Payment fee Payment.” The first one I was charged USD20.09 for a payment of USD669.63 and the second I was charged USD14.60 for a payment of USD486.69. So what’s going on?
Looking forward to your advise. Thanks.
Adrian
Hello @Adrian,
Thank you for commenting on freelancerhelp.net.
Each time you receive payments from marketplaces & international clients in the US Dollars (USD), your funds are automatically transferred to your Payoneer Account which you can use that fund to make online purchases, withdraw to your local bank account & make an ATM Withdrawal, too. [You can get paid in other currencies as well including Euro, Japan etc)
The second question you asked was how much I will be charged for each payment that I receive? So here’s the answer to your question.
While receiving funds & money from Marketplaces like Ad Networks, Affiliate Networks, Freelance Sites & other sites, you will be charged $2 for each transaction (takes 2 days) & $5 if you want to make the transaction within 2 hours which is also called as Immediate Loan.
If you receive payments from other Payoneer Customers then there is no fee on both sides.
If you fund your account from Local Bank Accounts in the US, Japan etc (using Global Payment Service) then you will be charged 1% of that money such as if you fund your account of $100 from a US Bank Account using the Global Payment Service then you will be charged only $1 for that one transaction.
Hopefully, these answers helpful to you. If still, you have any question, let me know by replying here.
HI Alex,
Thanks for the prompt reply. If I understand this correctly on the 1% charge then for my USD669.63 payment I should be charged with USD6.70 instead of USD20.09 and my second payment of USD486.69 should be charged USD4.87 instead of USD14.60?
This is what I am struggling to understand.
Thanks,
Adrian
Hello @Adrian,
According to Payoneer Official Fee Structure, a user is charged only 1% but if you have been really charged more than 1% as a fee, get in touch with Payoneer through their official support email /live chatting [Using their Support forum is useless].
Thanks for Being Here=>
Alex,
I think you were charged USD20.09 and USD14.60 or 3% of total income, because probably you were paid by MasterCard or VisaCard. It is explained in the table above for: Direct Payments From Customers (up to 3%)
hi … i am not new to payoneer but i did not used my account almost 5 years .. thinking about using ur service.
i have few question. the company who provided me card is long gone so
1- how can i deposit funds in my payoneer account?
2- can i deposit through my bank account … if yes ? what are the fees ?
Hello @Hinan,
Thank you for leaving a comment on freelancerhelp.net.
There are many ways you can use to fund your Payoneer Account.
1. You Receive Cross-Border payments from Clients & online Marketplaces such as Ad Networks, Affiliate Networks, Freelance Sites etc.
2. You can fund your account directly from US Banks, Euro Banks etc. [Check your Global Payment Service].
3. You can request payments from other Payoneer Customers to fund your Payoneer Account.
Regards,
Alex
And, you cannot use your Local Banks to fund your Payoneer Account except the available banks listed in your Global Payment Service feature.
Hey! So if I buy, for example, airplane tickets worth 750$ online Payoneer won’t charge any fees for this transaction, right?
Online purchases in $ (Dollar), Euro & GBP are free of cost and you won’t be charged for the transaction, however, if your transaction needs currency exchange from the above-mentioned currencies into other currencies, then you will be charged up to 3.5%.
Hi Alex, The article is really very much Informative, I really want to know only One thing Currently I’m in Greece until next Saturday Should I order my Payoneer MasterCard if they can ship me in very limited days ? And the other question is Do I have to pay for the card ? While Revive ng the card ?
Thanks
Maaz ali
Hello, Maaz Ali,
Thanks for commenting on freelancerhelp.net!
You can apply & register with Payoneer right from that country but receiving a Card takes 20 to 40 days or around that so the bottom line of the answer would be You cannot receive the Card within such limited days.
You will be charged by Payoneer $29.95 for a year for using & activating their Card with your Account.
Hope this helps. Let me know if you have any further question!
Alex,
freelancerhelp.net
I am going to USA , Can I use the payoneer card in ATM Machines there? Also Will they charge me anything? If I make ATM withdrawals in $$?
The Payoneer Card can be used anywhere & anytime across the World including USA, UK, Pakistan etc. But just make sure that the ATM is MasterCard supported.
The regular fee of withdrawing money from Payoneer using ATM is $3.15 as mentioned above, however, some extra (1-5$) will be charged by the ATM you’re using to withdraw your money.
Hope this helps.
Let me know if you have any further Question!
Regards,
Alex
hi. can i withdraw funds to my payoneer card … e.g from exchange cex.io
Do you already have a Payoneer Account? If not, simply read our Step by Step Payoneer Sign UP Guide.
If you already have Payoneer account then you might use the MasterCard or as you said the Card to deposit & withdraw money from cex.io quickly, easy & with less fees.
It’s quite easy to withdraw funds from cex.io.
All you need to do is simply log into your account, go to the withdrawal page, link your Payoneer account with Cex.io & then proceed according to the instructions & you’ll be able to receive & withdraw funds to your Payoneer Account.
You can deposit funds to Cex.io from Payoneer as well.
Let me know if you have any further question…
Alex
yes, i have Payoneer card but I have not used it for a while. last time i checked it says i have to receive a payment for a card issuer originally who made the card for me ( smotion.com). so if i withdraw from cex.io. will it work?
2ndly can i have more than 1 Payoneer accounts?
Hello @Muhammad,
The first thing is that if You have signed up for Payoneer account, you’ll need to receive payments to your account before the Card Order option appears (This restriction is limited to a few countries only).
You cannot use & link any third-party Cards and no one outside Payoneer can send & ship it to you. You don’t need to pay anything for the Payoneer Card to receive. All you have to do is order a genuine ATM Card right from your Payoneer Account.
The last answer is You cannot hold more than 1 Payoneer account under your NIC or Passport Number. However, you can apply for a new account using your family or friends’ NIC, Passport or Driving License.
Hope this helped you.
Let me know if you have any other question.
Hi Alex, I’m thinking of joining Payoneer, but after reading this post, I still have a few questions :
Do I have to pay the annual 29,95$ fee for the card if I will never use it? (I already have a free Mastercard of my bank). Or do I pay for it the first time, and not activate it the next year? How does this work?
Are Photo Stock Agencies considered as Marketplaces? I will receive payments from them in USD and I live in Europe, so withdrawing to my bank account will be in Euros : that’s 3,5% off for currency exchange + 1$ for bank withdrawal? Or did I understand wrong?
Thanks for your patience with us! You’re very helpful.
Anneke
Hello @Anneke,
Thank you for commenting on PayoneerHow.
Payoneer does not charge you anything except their Payoneer Card. If you don’t order & link it with your account, you won’t be charged. And, as you said, you have your local bank ATM CARD, so you cannot link it with your Payoneer account but you can withdraw funds from your Payoneer account to your local bank account & easily withdraw it through your local bank atm card.
Photo Stock Agencies are considered as Marketplaces and each time you receive payments from them in US Dollars and then you withdraw those funds right to your bank account, you will be charged up to 2% by Payoneer for exchanging the currency from US Dollars into Euros and some more funds transferring fee might be deducted by your local bank account.
Hope this helps. If you have any question, please let me know by replying here.
Alex
So the 3.5% is only for purchases in a different currency, and the 2% is for exchanging currency for a withdrawal? Sorry for asking again, but that is a BIG difference.
I think you’re confused because I have mentioned 3.5% in the above comment. If you purchase anything in Euro using your Payoneer Card and your account balance is in US Dollars then you’ll be charged up to 3.5% as mentioned on the Payoneer official Site.
However, you’ll be only charged 2.5% for withdrawing funds into bank account in a different currency.
3.5% applies to Online Purchase while 2.5% fee applies to withdrawing funds from Payoneer to a bank account.
Thanks Alex! That is clear! I will visit the Payoneer website and see if I can find which exchange rates they use. Right now I’m being paid with PayPal, which results in a difference of about 3,5 to 4% with the official exchange rates, so 2 or 2,5% would really be interesting. Thanks again!
You’ll only be charged by Payoneer up to 2.5% BUT your bank WILL charge you more a fee as well. My bank charged me 0.125% which is around $100USD when I made a withdrawal.
BEWARE. Payoneer withdrawal comes with a HUGE con, check with your local bank first how much they will charge for International Transactions coming from Payoneer. No one tells you this.
Check out Transferwise. Lower fees than any bank, paypal or exchange place. Besides that you can keep balances in your account in 40 + currencies since it is a borderless account.
Please I will like to know if the local bank withdraw is available to Nigeria
You can check whether or not this feature is available for your country by logging into your Payoneer Account and going to the Bank Withdrawal page.
Dear Payoneer
What is the procedure for closure the account in payoneer?
Hey REDA,
Else you can get in touch with the Payoneer Account Support team for direct help.
hello I would like to know ..
1 . can I open Google play developer account using payoneer card.
2. does the local bank withdraw is supported in Ethiopia.
3. my email is registered with wrong information while I was checking the sign up page , and now I can’t register using my email …is there a way to fix it?
4. can I start receiving payments as soon as I get the card or there is activation procedures before using the card?
thanks
Hey @Amanuel,
I’m sorry for the late response!
And thank you for stopping by on our Payoneer Card Fees page.
The easiest way to get possible support for your country and the issue you’re having with your Payoneer Account info is to get in touch with your Payoneer Account team.
Hope this helps.
Regards,
Alex
How much will be cut from my payoneer card in AED when i will withdraw from ATM ? please confirm thanks .
Hello @Ghulam,
Thank you for commenting.
When I withdrew 300AED using the ATM, Payoneer along with the ATM cut 28 AED from my account. So this can happen to you as well but the amount you withdraw through any ATM does not increase the Fees but instead, you’ll be charged 20 to 30AED for the transaction of any amount.
Withdrawing money in USD (Dollars) from any ATM will help you reduce the fees because the ATM won’t charge any exchange fees.
Hope you got it.
Let me know if you have any question.
Hi Alex,
Since my last comment/question, I signed up with Payoneer, and I changed my payment settings on 1 agency to Payoneer without problems. For this, I logged into the agency, changed the setting to Payoneer, and had to log-in to Payoneer to finish the setting. This felt safe and secure. However, now I want to change my settings at another agency, and they just ask for my payment address. Do I just fill in my user name ?
thanks, Anneke
If your agency is accepting Payoneer then choose Payoneer as a payout method and it will then redirect you to the Payoneer website and there you can easily link your Payoneer account with the Agency you work with and by following this step, you’ll be able to request payments through Payoneer.
Regards,
Alex
halo i have some question.
1. can i use payoneer to sign up stripe account ?
2. how much fee for WD from USD to IDR ? is it 2% ?
3. whether there is an annual or monthly fee besides a annual of $ 29.95 ?
Hey @Pejwan,
1. You can sign up for Stripe with or without Payoneer Account.
2. If you withdraw funds using ATM or Payoneer MasterCard through ATM in a different currency than the one you have balance in your account then there will be around 3.5% conversion fees by Payoneer while $3.5 fee will be charged by Payoneer MasterCard.
3. There is no monthly or annually fees by Payoneer except the Payoneer Card Activation & then Renewal fee each year which is $29.95 as you have already mentioned.
Let me know if you have any other question related to Payoneer.
Regards,
Alex
Quick question: If i order my payoneer card and never use it / charge any funds to it, will I still be charged for the annual maintenance fee?
Yes, Once a Card is issued for your account & you activated it with your account, you will have to pay $29.95 Yearly Fee.
Hello Alex
I register with payoneer 3 years ago and my debit card was sent but I never used the account.
Now I want to use the account,Please how can I get another debit card and will I be charged again for it or can still use my previous debit card sent to me 3 years ago.
And again when I logged into my account, I noticed the card was deactivated which I activated again so I was wondering if I can still use the card or I need another one and how to get it.
Thanks
Hello @Joseph,
Thank you for commenting on freelancerhelp.net.
Since you received your card three years ago, I’m sure you cannot use it because every card expires after 2 Years. The expiring date is written on the front of your Card. Kindly check it and if it’s expired, then just log into your Payoneer Account and go to Request A New Card page and request a new Card for your Account.
If you have order Card for your Account and linked it to your account, you will be charged $29.95 Yearly for using the Card whether you use it or not.
Will I still be able to withdraw to my bank account if I will have my card deactivated?
Thank you.
Yes, Payoneer can easily send your payments right to your bank account but make sure you have linked your local bank account with Payoneer. The minimum withdrawal limit is $50.
Can I transfer funds from my payoneer card to my local bank account using my local ATM ? Because the minimum amount for bank transfer for my country is $1000 and this is way too high. Also if I decide to do the withdrawal by means of ATM, the fees accumulates as am not allowed to make huge withdrawal from the machine. I have $680 to withdraw.
Hey Gbenga,
Withdrawing funds from your Payoneer Account through Payoneer ATM Card will cost you a lot of fees including conversion fees & bank withdrawal fees however if you would like to withdraw through Local Bank account then it will save you a lot of fees & charges and also there’s no limit on how much you can withdraw through local bank account but the minimum withdrawal amount is $50 for local bank withdrawal.
Alex
Hi Alex.
I would like to know – If funds have been transferred to my Payoneer prepaid card but I don’t want to use the Payoneer card for withdrawal, can I still make the withdrawal with my local bank account? Because right now I don’t want to use the prepaid Payoneer card because of the huge charge fees attached to it.
I earn relatively average (not much) money via ads network, and I don’t even want to have that significant decrease in my money while withrawing.
So is it possible for me to withdraw with my local bank transfer from funds originally transferred to my Payoneer card?
Hey @Shina,
Normally Payoneer does not put your balance just either in your Payoneer Prepaid Card or your Payoneer Account but rather you can use your funds/balance using any method and even can withdraw either through Payoneer Card using ATM or you can easily withdraw through Local Bank Account.
It doesn’t matter whether you have funds in your Payoneer Account or Payoneer MasterCard.
Regards,
Alex
Thanks for the great info
Hi alex,
I am from Nepal. How much money is required to receive the mastercard? and also how to send that money to payoneer?
No money is required before ordering a Payoneer MasterCard. However, in some countries, you’ll need to have at least $100 in your Payoneer Account before the Payoneer MasterCard Order option appears. There out are a bunch of ways you can use to receive payments to your Payoneer Account such as you can receive payments from Ad Networks, Freelance Sites such as Fiverr, UpWork etc or you can directly receive payments from other Payoneer Customers etc.
what if i load 25$ four times will i get 25$ bonus?
Yes you could get the Payoneer $25 Bonus before but now you will be required to receive at least $1000 to get that bonus. Before the requirement for receiving the $25 Bonus was $100 only.
By the way, if you have signed up using our new Payoneer affiliate link then you would earn $35 to $50 instead of $25.
Alex,
Escrow domain transfers what is the fee ?
Please take a look at the Payoneer Fees & Charges table above.
For anyone reading this, beware that while Payoneer may not charge that much for withdrawal to local banks, your local banks will charge you a LARGE SUM of money (in my country is 0.125% and transactions have to be more than u$d 1001 – so that’s u$d100 right off the bat). So you’ll lose the 2% from Payoneer + 0.125% plus local taxes from your bank.
It’s best to withdraw money from an ATM in USD.
Care to reveal how much is your withdraw amount.How did you arrive the USD100 deduction from your withdrawal?
what if i load 25$ four times will i get bonus 25$?
Probably I have replied to your comment above and sorry for the too late response!
Alex,
Hi Alex,
what if i load 25$ four times will i get bonus 25$?
It was possible before but Since Payoneer has changed its policies, a new user now must receive at least $1000 in total before the Sign Up Bonus is credited to the user’s account.
hi thank you……..can i withdraw 40$ from payoneer to loacl bank ? i need to withdraw
Yes, Bro, You can easily withdraw payment from Payoneer through your Local Bank Account but the minimum withdrawal amount is $50 as of now.
Hello, I currently use Paypal but they charge too much. Can you tell me: 1) I have a credit card, can I link it to my payoneer account? or I have to order a payoneer card (if so how much it will cost me once I ordered and annually). 2) What are the fees of the company transfering the money into my payoneer account? If I can link my card to payoneer account, what is the fee when payoneer transfers the money to my card?
Hey @Chistina,
You can’t link any third-party ATM Card or Credit Card with Payoneer but you can order a new Payoneer Card.
There is only $29.95 yearly Payoneer Card fees and normally when you request payments or any company you work with sends you Payments then you’ll be able to get that payments transferred to your Payoneer Account for $2 or $5 only.
$2 for two days transfer while $5 for instant two hours payments transfer.
Regards,
Alex
Nice post I was really scared of payooner but now you got be covered. I love your blog. You really doing well. please let me just get a back link from you. Thank you
No we don’t tolerate any kind of spamming on our blog nor we like to scam our beloved READERS!
Hope this helps.
Alex
Hello.
I Have a card in US, made in UK (Payoneer said). I live in Mexico and everytime I get cash from ATM charges around 3.5% . What would be the % if I go to USA and get cash in USD?
There won’t be any percent (%) Payoneer ATM Fees (However I don’t know if the ATM will charge you any extra) if your Payoneer Balance is in Dollar ($) and you withdraw funds in Dollars ($).
Hope this helps.
Regards,
Alex
Hello,
I got a shocking news of my life when I see a transaction notification of $2,125.60 stating manual charge. I don’t understand what that means. Though I linked a bank withdrawal details but still under review before I received a mail that I can no longer use my account to receive payment nor make payment to other payoneer account.
What does manual charge means?
Can you share screenshots?
Just to confirm you have really been scammed?
Alex
Helpful information, thank you.
Local banks here do not accept checks paid in US dollars so I had to sign up with Payoneer so that I can have a US bank account. I can then withdraw my payments via Payoneer to a local bank account. A colleague advised me not to use the Payoneer Master card because it comes with hefty charges; however, I can’t withdraw payments to my local bank account without activating the Master card.
My main concern is whether I still have to pay a monthly fee after paying the annual activation fee. I have searched for answers in the Payoneer Community but couldn’t get any helpful response.
Thanks!
Hey @Princial,
thanks for stopping by.
No, you won’t need to pay any Monthly Payoneer MasterCard Fees. However, upon using the Payoneer MasterCard, you’ll have to pay $29.95 yearly fees.
Alex
Hello,
I have payoneer card in GBP currency . What is the minimum limit for withdrawing the money from atm and what are the charges?
Hey @Aakif,
I’m currently using Payoneer Card in US Currency and the minimum withdrawal of it I think is around $210 to $230. However I don’t know about the Payoneer Card in GBP Currency.
It’s better to get in touch with your Payoneer Account Manager/Support Team.
Alex,
hello i have some question.
1. is payoneer deduct any fees related to activation before receiving mastercard.?
2. what was the usage of sign up bonus is it used for paying activation charges?
No Payoneer doesn’t charge anything just for applying for Payoneer Account and also you won’t be charged for the Payoneer Mastercard if you have ordered and not verified and linked with your account.
Once you have received and linked with your account, you will be charged for the card annual fee which is I think $29.95.
hello , how much is the charge for withdrawal to your local bank account? is it depending on the amount you withdrew? i want to know so i could compare coz my friends have contradicting feedback ,one says she never gets charged whenever she withdraws money from payoneer while the one says he was charged $1. they received money from both funding source, so im just thinking, maybe the amount they withdraw matters , hence ,the charge and no charge? they live in the philippines
Withdrawing through Local Bank Account in same currency will cost you around $5.95 to $9.95 however I’m not sure how much fees does Payoneer charge exactly and probably the Bank will also charge you a fee for making a transaction or funding your account.
However funding your local bank account from Payoneer in a different currency will charge you around 2% of the total amount apart from the $5.95 to $9.95 bank withdrawal fees.
Let me know if you have any other question.
Regards,
Hi. I would like to know if I open a payoneer account to be used in USD Will it have a routing and account number such as a bank would so I can have money deposited there with that information? Will the account be under my name?
As an example, I would like to have USD arrive at my payoneer account coming from different sources such as a US bank account or Coinbase or a Stock Brokerage account. Those require a routing number + account number + the account to be in my name.
Also would like to know how much it would cost to send US dollars from my payoneer account through wire to a Colombian Bank Account.
Thank You-
Hello @Juan,
Yes, Payoneer does provide you a Routing and an Account number you will use to receive payments from US Companies & Banks.
And for knowing about the Payoneer’s Fee, I’d recommend you to check out this page here: https://www.freelancerhelp.net/payoneer-fees/
Hey Alex thx for this great post, do you know if they charge u for the first shpping the card in the first time? Adding that I’m not in the US, or the shipping for the first time is free?
Hey Lander,
When you have ordered your Payoneer Card and you have linked it with your Payoneer Account but don’t have any balance in your Payoneer Account then you won’t be charged however once you have received funds into your account, Payoneer will charge you $29.95 yearly fee and after one year, you’ll again need to pay the yearly Payoneer card fee which is again $29.95.
Hope this helps.
Alex,
Is there any fee for requesting of Payoneer Master card?
Hey Umair,
Yes there is a yearly Payoneer Master Card fee which is $29.95 and we have mentioned it in our above post.
Let me know if you have any other question regarding Payoneer and I’d be happy to send you a reply BACK!
Thanks & Warm Regards,
Yasar ~
Please, I requested for a prepaid MasterCard, the due date for arrival has passed, I am yet to receive the card, and they already sent me a message on my payoneer account to activate card. And I have not been able to make withdrawal to my local account because of this error. Please what can I do to be able to withdraw my funds directly to my local bank account with the card.
Hi, I hae had my payoneer card over 2 years. It has been deactivated and reactivated twice. Funds were never loaded unto it. Question, how much will be charged for annual fees if I do activate it this time and start to use I?
Dear Sir I am working with Payoneer since 15 Sep 2015. I have not been issued card. In early 2018 I was
issued Card with my e-mail imtiazhussain0123@gmail.com. The card has been blocked for the reasons best known to Payoneer. I request that my card be unlocked and sent to me for withdrawal of money
Hello, thanks for such info, but i have one problem.
I have created a payoneer account, received a few dollars from upwork.inc but i can not send that money to any one. there is a message telling me that I have to receive some other payments to be able to send to anyone.
cam you please tell me if you know, how much payments do i have to receive in order to be able to send to others?
I don’t have any idea about it because anyone can receive & send payments directly without any limitations & restrictions. However, there might be some restrictions on your account so it’s better for you to go and get in touch with your Payoneer Account manager right away and he’ll help you sort out this issue in no time.
Please let me know if you have any other question.
i HAVE TRIED to read many articles about it, and it seems to be an issue to many. they respond by saying that i have to receive other payments in order to be able to send to anyone.
if you have some contacts of them or ideas, please helpme. i can not keep loading my money some where i have no idea to withdraw or pay for anything.
Hello @bahati,
You can contact the Payoneer Support team by visiting this page here. https://payoneer.custhelp.com/app/Contact_us
Please let me know if you have any other question.
Regards,
Alex
Hello, i want to open a payoneer account but im hesitating.
Can you please clarify. if the minimum amount to withdraw money into your local bank account is 50$, and payoneer charge 2$ – 5$ for every transaction, are they deducting that amount(2$-5$) or any other fees directly from my local bank account or only from funds sent to my payoneer account?
I DON’T WANT PAYONEEER TO HAVE DIRECT ACCESS TO MY LOCAL BANK ACCOUNT AND DEDUCT FUNDS AT WILL FOR WHATEVER USE THEY CHARGE ME WHEN I USE THEIR SERVICES.
Hey @David,
I’m sorry for the late response.
Now you’re asking the question so No, Payoneer does not have access to your Local Bank Account but yes if you will withdraw money from your Payoneer account via your Local Bank Account then Payoneer will cost you the fees & charges right from your Payoneer Balance that you’ll withdraw from your Payoneer Account and not from the Balance that you have in your Local Bank Account.
Payoneer does not have any access to your Local Bank Account in any way!
Hope this helps.
Hi,
Does payoneer only deduct fees or any other charges from funds in my payoneeer account or do they deduct fees directky from my local bank account?
NB: I DON’T WANT THEM TO HAVE DIRECT ACCESS TO MY LOCAL BANK ACCOUNT AND CHARGE ME DIRECTLY FROM THERE.
Hello Alex, I have been using Payoneer from quite some time now. I am located in Bulgaria where the currency is BGN. At the moment it trades for about 1.71 to the USD. However,on my ATM withdrawals which normally are 400 BGN each , I get charged about $250, which would set the rate to 1.61 , or to explain it in other words , I get about $11.50 to $12 fees on each withdrawal. as seen in my transactions page. I only noticed that recently and i was living with the asumption that $3.15 is the only fee Payoneer will charge upon ATM withdrawal.
$12 fee on $250 withdrewn is not really a great deal, but maybe I am doing something wrong ?
I would apriciate your responce on my email !
Hey @Aleks,
Withdrawing money from your Payoneer Account via ATM is very much costly & they cost a lot of fees. Normally when I myself withdraw money from my Payoneer Account via an ATM, I’m normally charged around $8 by Payoneer and the maximum amount that I can withdraw at one time using my Card is just $210. But instead of withdrawing via ATM I’d highly recommend you to Link your Local Bank Account with Payoneer and withdrawing via your Local Bank Account would help you save a lot of fees and also this is the recommended method for withdrawing money from your Payoneer Account according to Payoneer Official Team.
Hope this helps.’
Plz do let me know if you have any other question.
Hello, I have a question. If I receive an master card and active for first time. How much charge for master card activation? Please tell me?
Thanks for updating this post for 2019. All the information I needed is right here. Thanks again, Alex!
Hi! Thanks for this great post Alex, a few more questions about usage in 2019. I have a EUR bank card and plan to use it when I travel in Austria/France in a few weeks. I plan to use it mostly for hotel bookings, shopping etc. Recently I’ve started using it and I’ve noticed that sometimes the card charges exactly what you’ve paid for, but sometimes they have a 20% extra fee. I’ve read multiple posts on Payoneer forum and it seems like they are “holding” a certain amount for things like hotel reservations. Have you any experience with this? Do you know if these “extra” charges get refunded back to the card user? It’s rather ridiculous but I’ve made the stupid mistake of asking for a card, and now I can’t do much other than use that money off of the card now.
Another question: my account address is in the United States, but I plan to withdraw EUR at an ATM inside the Euro zone (in Austria/France). Other than the standard ATM withdrawal fee they have listed, do you know if they charge you any currency exchange fees? I am not talking about the ATM (i.e. “dispensing” bank’s fees), since this is something entirely independent to that bank/ATM I am using, but I mean any additional Payoneer +MasterCard fees.
Thank you!
Hello Alex,
I have joined payoneer in March 2018. Since then, theWithdraw Minimum threshold is $1000 and I could not make any withdrawal because on one side the amount is not enough, and on the other side this could help me to save money.
Today, I was surprised to find that the Withdraw Minimum threshold is $ 50. Will this Withdraw Minimum threshold of $ 50 be permanent or it may return in $ 1000. What are the conditions and factors of this possible change, or may we ask to fix it?
If I have two Payoneer master card like – USD card and Euro card. Then how much annual charge will be altogether?
Is it still $29 or $60 altogether?
Please let me know.
Thanks
hi , i would like to send the funds from my payoneer card to my local bank account in Nigeria or my domiciliary account . i earn in dollars. thanks for your assistance.
some of this post is total Wrong and and useless
Like see the fiver found loading fee is 5 hahhaah it 1 or 3
Probably you’re withdrawing funds from Fiverr only? Right? Actually, Payoneer does charge $2 or $5 for normal or instant withdrawal. However, Fiverr is a freelancing platform and Payoneer is a very close partner of them so that’s why Payoneer charges a very less fee than other platforms and companies.
Hi, I would like to ask you. if i got a billing request from my seller(in Ukraine). i have a payoneer account but I have never used it, so Im gonna fill this billing request with my debit bank card details. Am I gonna be charged for this transaction? Or do I have to pay any fee?
Thank you for your answer.
Your Article and advices are very helpful!
Nika
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Hello Alex,
Is there an maximum limit on the transfer fee ? For example, if one was to transfer USD6000 from Payooner to the local bank account, would Payooner still take the flat 2% fee ? USD120
Or is there a cap ?
Thanks
Hello Alex , quick question ,
1- can a friend of mine (living in the US and not a payoneer user) send me funds to my payoneer account? is there any way he can do that?
2- my payoneer card has expired , how much will it cost me ordering a new one
Please why my fund from fiverr is pending for 7days
Hello,
Is there any way to withdraw amount from expired Payoneer card to local bank account? Please help me in this regard
Hello @Alex
Can I be clear about funding my Payoneer Account with just 30$ from anyone in the US through his/her bank account? I have created my Payoneer account and submitted required documents from here in Nepal but payment agents in Nepal cost high to load fund through their own payment medium, I don’t know. How can I make it easier to receive fund from a friend in US? Can a person in a local bank transfer fund to my payoneer account so that I can request for a card directly from payoneer site rather than to make from any of marketplace orders?
Above you are mentioned that the maximum amount that I can withdraw at one time using my ATM Card is $210. If I want to withdraw $420 in 2 times (Same Time 1st withdraw and again 2nd withdraw) then how much withdraw charged for it?
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Hai.. @Alex Saya pendaftar baru di payoner, dari mana saya bisa mengetahui akun saya sudah ter perevikasi? Apakah ada komfirmasi dari pihak payoner melalui Email, atau nomor hp yg terdaftar..
Miftah p
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If payoneer card expire then 30$ cut from my payoneer card each year or not??? please give me reply
Please I was charged 145$ for manual charges please what is that and I did not receive an email concerning that
Thanks for sharing the information..🙂
Now i clear the facts for the fees & charges
I am being charged 60 USD fees every time I send 3000 USD from Payoneer to my Transferwise USD account in the USA . Maybe this is a currency conversion fee because I live in Thailand ? If so that is ridiculous as its withdrawals from USD – USD . For USD – USD transfers I should not be paying that just because i do not live in the same country as my bank . ( In fact Payoneer is in New York and my receiving bank is in New York also and Im paying 60 USD every time ! ) . Whats the solution ?
Nice article…. however, i really hate Payoneer charge $10usd for withdrawal fee for some country… that is bullshit, stealing our hard earn money… no bank in the world going to charge this… totally absurd!!!
I don’t really like the new policy where they now charge $10 USD for withdrawal less than $500 USD. That’s a rip off.