MuchBetter Wallet Review

MuchBetter has since it’s launch in 2017 quickly emerged as a valid alternative to other payment processors and wallets like Skrill and Neteller. The company is based in the UK and regulated by the FCA (Financial Conduct Authority), also based in the UK.

The main benefits of MuchBetter are their low fees and the ease of use. They are supported by many online gambling and poker sites, including major poker sites like PokerStars, PartyPoker and GGPoker.

The only major country not supported by MuchBetter is the United States.

How to Register on MuchBetter

It only takes minutes to register. All you need to do is open our sign-up link here, and then enter your personal details. As the final steps you will need to install the MuchBetter app on your phone. The app is your main interface for everything you use MuchBetter for. E.g. if you wanted to deposit to a poker site you would simply put in your phone number registered with MuchBetter into the poker sites cashier and then you can confirm the deposit in the app.

Deposits and Withdrawals

The options for funding your account depends on which country you reside in and there are too many to present them all here. A normal bank or SEPA transfer has no fees, whereas VISA or Mastercard can have 0 to 5% fee, depending on your region. You can also deposit with Bitcoin at only a 2% fee.

For withdrawals popular methods like SEPA bank transfer or Yandex there is a 2.5% fee, but they also provide withdrawals via Bitcoin at 2%. Regular bank transfers will however cost 50 EUR plus 2%.

If you are interested in a complete overview on methods and fees please click here.

Using your MuchBetter Account

The really amazing benefit for using MuchBetter is that, once you have funded your account, it’s free if you want to transfer or receive money from a friend or deposit / withdraw money to a poker site. If you have ever sent money to a friend using other payment processors you likely would have been disappointed with how costly this can be in fees. With MuchBetter you won’t have to worry about such things. The only fee there is would be converting currency, which comes at 0.99%.

MuchBetter Card and Fob

If you reside in a EU country you can order a free MasterCard to spend your funds. They also offer a special key-chain fob for contactless payments, which makes spending funds super easy in stores and shops.

Using your card or fob costs absolutely nothing in fees, except ATM withdrawals which cost 0.99%.

Conclusion

With some of the lowest fees on the market and ease of use, plus wide range of deposit and withdrawal methods, MuchBetter beats a lot of the competition. If you wish to give MuchBetter a try please sign up using this link.

 

 

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