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Old 06-30-2006, 03:04 PM   #1
vanillaice
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Epassporte Question

How much does it cost to withdraw cash from my epass account to my bank?

I'm trying to figure out if it's worth it to start having sponsors epass my payments instead of checks.

Thanks!
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Old 06-30-2006, 03:14 PM   #2
xerex
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i think its $3 per transaction or less...
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Old 06-30-2006, 03:15 PM   #3
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Thats not bad. But why not just take it out at the atm when you need it.
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Old 06-30-2006, 03:17 PM   #4
vanillaice
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So epass account is basically like a bank account, I can pay my hosting, and other fees with it directly?
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Old 06-30-2006, 03:18 PM   #5
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Quote:
Originally Posted by pornguy
Thats not bad. But why not just take it out at the atm when you need it.
That's what I do. I didn't even know I could transfer it to a bank account (I guess it's only for US).
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Old 06-30-2006, 03:20 PM   #6
vanillaice
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I guess i'm just worried about the security aspect. If suddenly epass goes under, my account is gone. The same can be said about a bank, but aren't banks a little more secure than Epass?
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Old 06-30-2006, 05:35 PM   #7
vanillaice
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bump for more epass info
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Old 06-30-2006, 05:42 PM   #8
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Quote:
Originally Posted by vanillaice
I guess i'm just worried about the security aspect. If suddenly epass goes under, my account is gone. The same can be said about a bank, but aren't banks a little more secure than Epass?
Bank accounts are federally insured up to $100k, so yes.
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Old 06-30-2006, 05:44 PM   #9
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It costs $2 per withdrawal
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Old 06-30-2006, 05:44 PM   #10
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Quote:
Originally Posted by tranza
That's what I do. I didn't even know I could transfer it to a bank account (I guess it's only for US).
So far it's only for the U.S.
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Old 06-30-2006, 05:45 PM   #11
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Quote:
Originally Posted by vanillaice
So epass account is basically like a bank account, I can pay my hosting, and other fees with it directly?
Its not exactly like a bank account.
But you can use the virtual card to buy stuff online, I've paid my hosting the last 2 years with my ePassporte Virtual card, I also use it to buy content, scripts and so on.

I am not in the US so I use the Electron card to withdraw cash or in swipe terminals paying for groceries ect.
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Old 06-30-2006, 05:46 PM   #12
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Originally Posted by Dagwolf
So far it's only for the U.S.
Yes that is correct.
Thanks
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Old 06-30-2006, 05:58 PM   #13
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All you need to know about fees

https://www.epassporte.com/secure/jsp/Fees.jsp
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Old 06-30-2006, 06:04 PM   #14
vanillaice
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Thank you everyone! $2 a transaction, not bad for my bigger checks. Worth it so I don't have to wait an extra like week or two for reg mail.
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Old 06-30-2006, 06:07 PM   #15
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Quote:
Originally Posted by pornguy
Thats not bad. But why not just take it out at the atm when you need it.
Ok for me it's like this

Epass widthdraw to my bank $2 for up to $600

Using ATM; bank charges $2, Epass charge $2 that $4. Locall ATMs limit widthdraw to $200 per day. So that's 3 transactions per $600 so a total of $12 to use the ATM vs $2 to transfer money to my bank. Withdrawing just $600 a week using a ATM vs transfering to my bank cost me an extra $520 a year. I have better things to do with my money than to pay fees.
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Old 06-30-2006, 07:32 PM   #16
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keyser can i get my atm withdraw limit raised and bank transfer amount raised without having to hold a certant balance ?
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