Here are the charges a contractor may incur when activating the card, and when withdrawing funds from oDesk into Payoneer Debit Mastercard:
To withdraw your earnings from oDesk, click the wheel icon, re-enter your oDesk password and click Continue. At the next window, click “Get Paid” tab to display the amount available to withdraw.
To proceed with the withdrawal of funds, click the “Get Paid Now” tab, indicate the amount you want to withdraw, choose your payment method from the dropdown list then click “Done” tab. You will then receive an oDesk notification like this:
…and another email upon loading of the funds onto your Payoneer account:
To verify if funds are indeed loaded, login to your Payoneer account and refresh to display updated balance:
Note: Before withdrawing money from an atm, make sure funds have been already loaded into your Payoneer card. Verify the balance as above, or you may do a balance inquiry first at an ATM. It is advisable to leave enough funds to cover for the ATM withdrawal charges (varies per bank). In my case (BPI ATMs), I withdraw the maximum allowable limit of P20,000, but I make sure there is at least P400 left to cover for international remittance charge of P200 PER FUND WITHDRAWAL, and atm withdrawal charges.
To maximize benefits, use your debit card to make purchases at merchant stores accepting Mastercard where there is no charge to be incurred or deducted from your fund balance because it is as good as cash.
If this post was helpful to you, please post your comment, suggestion or experience with Payoneer debitcard. Thank you.