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Deposit and withdrawal methods: MuchBetter Bank Account Cashout Experience?

Topic created on 25th May. 2020 | Page: 1 of 1 | Answers: 9 | Views: 12,983
Julia1602

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 05:32 pm CEST#1
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Hi there.

One question: What is your experience with MuchBetter when you withdraw funds to your bank account?

I read on the Internet versch. Things.

Have me namely MuchBetter bought. Now 300 euros times pay out to the bank account but somehow worry that it will never arrive

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danny005
Elite

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 05:41 pm CEST#2
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Julia1602 wrote on 25.05.2020 at 17:32: Hi there.

A question: How are your experiences at MuchBetter when you have funds withdrawn to your bank account?

I read on the internet versch. Things.

Have me namely MuchBetter bought. Now 300 euros times withdraw to the bank account but somehow worry that it will never arrive

Why do not you just pull the money at the ATM? Is also cheaper from the fees and there you can be sure that it works.

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Julia1602

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 05:45 pm CEST#3
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For this I need the card or? and I have unfortunately not yet...

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danny005
Elite

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 05:48 pm CEST#4
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Julia1602 wrote on 25.05.2020 at 17:45: For this I need the card or? and I have unfortunately not yet...

Yes of course, without a card it does not work. But MuchBetter is reputable, the transfer to the reference account also arrives safely.

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Julia1602

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 05:59 pm CEST#5
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Okay. Thank you. Let's hope for the best.

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Falko
Icon

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 06:03 pm CEST#6
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With PayPal it took 2 business days until the money was in my bank account, when I transferred from Paypal. Think times that it takes with Mutchbetter also long and with all other Ewallets is the same. So Wednesday or Thursday again after guggen and then your transfer should be on it.

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bruffl
Expert

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 06:34 pm CEST#7
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With me it was also no problem, I think it was 2 or 3% fees...

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Sascha666
Amateur

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 09:09 pm CEST#8
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The withdrawals there are processed very quickly, the money may even be on your giro the same day.
@bruffl, there are 2% fees - which I find quite hefty. For 1000€ that's 20€ fees, and MuchBetter earns something on other transactions as well. 1.25% would have done it too.
With me, the card is currently also commissioned. Does anyone know if cash withdrawals are really only charged 1%? Or the ATM also draws ne fee, if so, which bank waives this withdrawal fee?

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danny005
Elite

MuchBetter Bank Account Cashout Experience?

25th May. 2020, at 10:35 pm CEST#9
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Sascha666 wrote on 25.05.2020 at 21:09: The withdrawals there are processed very quickly, the money may even be on your giro the same day.
@bruffl, it's 2% fees - which I find quite hefty. For 1000€ that's 20€ fees, and MuchBetter earns some money on other transactions as well. 1.25% would have done it too.
With me, the card is currently also commissioned. Does anyone know if cash withdrawals are really only charged 1%? Or the ATM also draws ne fee, if so, which bank waives this withdrawal fee?

ATMs in supermarkets have not taken an additional fee with me. Otherwise, it is also clearly displayed when extra fees apply

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KerstinHen
Experienced

MuchBetter Bank Account Cashout Experience?

26th May. 2020, at 01:30 am CEST#10
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Sascha666 wrote on 25.05.2020 at 21:09: The withdrawals there are processed very quickly, the money may even be on your giro the same day.
@bruffl, it's 2% fees - which I find quite hefty. For 1000€ that's 20€ fees, and MuchBetter earns some money on other transactions as well. 1.25% would have done it too.
With me, the card is currently also commissioned. Does anyone know if cash withdrawals are really only charged 1%? Or the ATM also draws ne fee, if so, which bank waives this withdrawal fee?

It is different for me. At the machine from the savings bank I pay the %te to muchbetter PLUS about 5 € to the savings bank. Then I had to withdraw at a ING Diba at the gas station and there I paid ONLY for muchbetter %te. Conclusion: always only machine at the gas station, savings bank no longer. Think will be different from bank to bank %te

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