I used my Payoneer card to withdraw cash from an ATM, and I was surprised by the fees charged. How can I avoid or reduce these costs?

156 Display
Xolvie
Xolvie Resolution Specialist December 25, 2023 5:36 pm

You should know about Payoneer's ATM fees if you want to keep your money in order. Payoneer takes a fixed fee every time you use an ATM, no matter how much money you take out. It can be pretty high for small withdrawals, but it is helpful for bigger ones. When you withdraw money in a currency other than the one on your card, you will also be charged another fee. It's important to remember that ATM owners may charge fees on top of Payoneer's.

• To keep these fees as low as possible, you may want to take out bigger amounts less often. This will make the fixed fee less of a problem.
• Choose to take out your money in the local currency instead of a foreign currency if you want to avoid conversion fees and any fees that may be charged by the ATM.
• In order to avoid extra fees, you should plan your withdrawals ahead of time, especially before you leave on a trip.
• If you look into other ways to send money, like Wise or WorldRemit, you might find that some places or currencies have lower fees.

When you use Payoneer, you can get help from their customer service if you find fees you didn't expect or if you have specific questions.

Vote

Related Complaints

I Face Unexpected ₺29.95 Payoneer Annual Fee and Request a Full Refund

Muhammed
July 13, 12:56 pm
-
I Face Unexpected ₺29.95 Payoneer Annual Fee and Request a Full Refund
I Face Unexpected ₺29.95 Payoneer Annual Fee and Request a Full Refund

Payoneer Withdrawal Issue

Günsu
June 11, 9:50 pm
-

Payoneer Charged Me 5.53 USD and Added 24.42 Debt—I Can’t Get My Last Balance Back

Eyüphan
May 18, 11:19 pm
-
Payoneer Charged Me 5.53 USD and Added 24.42 Debt—I Can’t Get My Last Balance Back

Payoneer Account Cancellation Request – Refund My Money Immediately

Kerem
February 20, 8:08 am
-

Missing Funds from POND5 Transfer to Payoneer and Unjust Annual Fees

Harun
November 23, 2024 1:12 am
-

Payoneer Account Fee Refund Request

Sultan
June 26, 2024 8:45 pm
-

Payoneer Charges Unexplained Maintenance Fees

Ahmet
June 10, 2024 10:59 pm
-

Payoneer "maintenance fee" Refund Request

Yigit
May 02, 2024 6:35 pm
-
Payoneer "maintenance fee" Refund Request

Stay Away From Payoneer, They Cut Ridiculous Amount Of Money

Gülay
December 22, 2023 10:20 am
-

Payoneer's Unfair Annual Fee Deduction

Neslihan
July 14, 2023 12:28 pm
-
Payoneer's Unfair Annual Fee Deduction
38100
(13 reviews)