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Cosmic Horizon
27 Nov 10 11:22
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Date Joined: 16 Apr 05
| Topic/replies: 322 | Blogger: Cosmic Horizon's blog
I've just received my new debit card.  It's gone from a maestro to a mastercard (yes a mastercard even though it's a debit card rather than a credit card).

Now I find I can't withdraw any money on this new card since I've never deposited with it.  Are there any issues with using bank transfer instead?  Is it free and takes the same amount of time?

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Replies: 23
By:
mesmerised
When: 27 Nov 10 11:38
Mate, the best way to sort this out is simply to phone the betfair helpdesk.
By:
Cosmic Horizon
When: 27 Nov 10 11:47
I have.  They said use bank transfer.  And I've just apparently succeeded in withdrawing.  But I don't understand the difference between what I normally do (withdrawing to my card), and this bank transfer.
By:
Ghetto Joe
When: 27 Nov 10 11:53
I've never had any problems with bank transfer just as quick for withdrawing. Just deposit a tenner with the new card then you should be able to withdraw to it in the future
By:
Cosmic Horizon
When: 27 Nov 10 13:00
I don't think I'm allowed to withdraw to this new card.  If I deposited £10 then I would only be allowed to withdraw £10.  I do not understand why I'm not being allowed to withdraw to it.  I'll need to ring the number on the back of my card and demand an explanation.
By:
modk
When: 28 Nov 10 08:17
if its debit card you should be able to withdraw as much as you want on to it.
By:
Cosmic Horizon
When: 28 Nov 10 10:41
That's what I thought.  I thought this restriction only appled to credit cards.  But apparently not.
By:
StefanBelo.
When: 28 Nov 10 10:50
First withdrawal to your card must be the same what you deposited, then you can withdraw more. It works for me this way.
By:
BigDeal
When: 28 Nov 10 13:50
I think you'll find that Mastercard are the reason behind the restriction. They made a decision to restrict funds back from any site which was gambling related some years back.  I suggest you open consider opening a 2nd account with another bank if appropriate with a visa debit facility - helps to keep your funds segregaged from your day to day finances as well
By:
The Investor
When: 28 Nov 10 14:16
I believe BigDeal is correct. You'll need to withdraw by bank transfer from now on, if you continue using this card.
By:
Cosmic Horizon
When: 28 Nov 10 15:47
Just deposited £200 using this card.  Now it will allow me to withdraw.  But I assume it will only allow me to withdraw the £200?
By:
Cosmic Horizon
When: 07 Dec 10 00:21
Yes I can only withdraw a maximum of £200.  Just tried to withdraw £300 and it won't allow me.  A restriction imposed by Mastercard even though it's a debit card.  In other words I cannot withdraw more than I can deposit with this new debit card.  How ridiculous.
By:
SelkirkAgain
When: 08 Dec 10 02:54
I have the same problem with one of my poker accounts being a Mastercard debit.

A bank transfer has never been an issue and takes the same time.
By:
Avocado
When: 08 Dec 10 03:03
you're a cvnt
By:
Bridgeboy
When: 08 Dec 10 09:20
I presume most people deposit with a debit card i also presume once youve withdrawn upto the amount youve deposited you have to use bank transfer ive been doing so for over a year now and its no problem at all. I would be interested to know if anyone can withdraw more than they have deposited onto a debit card. . .
By:
steeringjobnap
When: 08 Dec 10 14:31
Methinks there could a KYC issue here.

I would be interested to know if anyone can withdraw more than they have deposited onto a debit card. . .
By:
Bridgeboy
When: 08 Dec 10 15:58
No steer just want to know if others can why cant i???
By:
Cosmic Horizon
When: 10 Dec 10 00:26
Yes I could definitely withdraw more than I deposited with my previous debit card which expires at the end of this month.  But that is a maestro card.
By:
ZEALOT
When: 19 Dec 10 16:50
withdraw your initial deposit
then as much as you want .
By:
Cosmic Horizon
When: 19 Dec 10 20:01
As I said it's not possible.
By:
Chrisday3000
When: 20 Dec 10 16:33
How do you do next day withdrawals?
By:
Glasgow Brian
When: 20 Dec 10 17:51
phone up and tell helpdesk -- it costs 6 nicker .
By:
five leaves left
When: 20 Dec 10 21:07
I would be interested to know if anyone can withdraw more than they have deposited onto a debit card. . .

Yes, Visa Debit. Deposited £20 on the one I'm using atm. Withdrawn slightly more.
By:
getting better
When: 23 Dec 10 18:36
You can still withdraw to the old card until it expires.
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