No, bank withdrawals on BingoPlus do not incur any fees. You can withdraw your funds without worrying about additional charges.
Important Considerations
While BingoPlus imposes no fees, your bank or financial institution may apply transaction charges. For example:
- Interbank Transfers: Some banks deduct fees for incoming transfers.
- Currency Conversion: International banks may charge for PHP-to-foreign currency exchanges.
How to Minimize Fees
- Use Partner Banks: Opt for UnionBank or other BingoPlus-supported banks with confirmed fee-free transactions.
- Check Bank Policies: Contact your bank beforehand to clarify potential charges.
- Choose e-Wallets: For smaller withdrawals, use GCash or Maya, which often have lower/no fees.
Why BingoPlus’ No-Fee Policy Matters
- Full Winnings Retention: Keep every peso you withdraw.
- Transparency: No hidden deductions for withdrawals of any size.
- Flexibility: Ideal for frequent or large cash-outs.
Pro Tip: Always confirm fees with your bank and update your BingoPlus account with fee-friendly banking partners.