- Lowest Credit Card Processing Fees
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Credit card is still the #1 way to fund you online casino account. Since the online gambling boom started in the late 90’s and first five years of the 21st century, all sorts of payment methods have been started to fund Internet casino accounts. Dozens of electronic payment companies called “web wallets” or e-wallets have appeared. Prepaid cards, debit cards, and even gift cards have appeared that would allow you to deposit into your account. People can still use Moneygram and Wells Fargo for payments, while wire transfer, bank cheque, and bank transfer still remain options for withdrawals.
But if you want one method which allows you to make payments and cashouts with the quickest speed and few fees, your trusty Visa and Mastercard are still the best ways to move cash to and from online gambling sites.
The fact is, the world has grown accustomed to charges on credit cards. Mastercard, Visa, and American Express are so wide-ranging and influential, public figures have wondered aloud whether that’s safe or advisable. Credit card companies go wherever they want to go.
If you want to use a credit card for an online casino, you aren’t alone. But you might be wondering which cards offer the widest range of service and which are the most restricted. I’ll give a quick synopsis of each payment method and discuss which plastic charge card is the best plastic for you.
Reviewing the Best Online Casinos Accepting Credit Cards in 2018
MasterCard Online Casinos. Credit cards are the most widely accept payment methods anywhere in the world. The same goes for online casinos, where MasterCard is inevitably offered as a payment method, especially for making deposits. MasterCard is a global brand known to everyone. If you own a credit card, online casino play for real money just got a whole lot easier. In 2019, more Internet roulette and slots players use a credit card than ever. They're easy to get hold of, widely accepted at most top casino sites, and your money is protected if anything goes wrong.
Online Casinos Accepting Credit Cards
You will also find a list below of the best options when it comes to deposits made using your credit card. These are your best options for credit cards.The casinos featured on this page have a good reputation, financial security and the best processing (even for US players).
Visa Credit Cards for Casinos Online
Visa was the first all-pay credit card on the market. When Bank of America’s executives sent out open-ended credit cards to 60,000 different American households back in 1958, some people looked at them like they were crazy. But the all-purpose charge card filled a niche for US consumers and the Visa charge card became one of the great successes in the history of consumerism. These days, Visa is the largest credit card company in the world. This means Visa is found in most businesses they want to be in.
It’s no different with Visa online casino sites. Visa has the widest reach of all the credit cards. Name an online casino property and Visa is almost certain to be a payment and withdrawal option. In fact, while Visa and Mastercard are pretty close when it comes to the number of casinos accepting their deposits, Visa has more people withdrawing cash using their service. That’s because Mastercard has shied away from certain payment practices, while Visa hasn’t.
Visa credit cards is an accepted payment method for online casinos which accept players from the United States. Visa credit is accepted by European online casinos. Visa payments are used by Asian gambling sites. Name any website which offers games of chance for real-money and Visa is likely to be accepted at their site. If they don’t allow Visa payments, something is suspicious.
Mastercard Credit Card for Casinos Online
Mastercard is almost as widespread, but not quite so much. In fact, I’ve noticed that a significant number (though minority amount) of casinos online allow Mastercard deposits, but doesn’t allow Mastercard withdrawals. This is no doubt a decision on the part of Mastercard–not the local gambling company.
In fact, I’ve had websites send company emails telling their customers that Mastercard was changing their policies and players would be better off using Visa credit cards. Mastercard’s executives sometimes grow nervous and would prefer people not accept payment using their card, if a potential legal loophole could cause trouble. Still, Mastercard is welcome in about 95% of casinos, so anyone with a MasterCard credit card should have no problem finding a good game.
Amex Credit Card for Casinos Online
Amex is the third-largest credit card company. That’s because American Express considers itself the credit card for high-dollar spenders, while Visa and Mastercard are the credit cards for the masses. Forbes has described American Express as “the 800-pound gorilla of high-end cards”. They were talking specifically about the Amex Black Card, but the quote describes the credit card network as a whole. American Express realizes online gambling isn’t legal in many jurisdictions. To avoid troubles which come with illegal activity, Amex often avoids offering services to card holders involved in Internet gambling.
Where that policy changes is with companies which are considered legitimate. Since the US market is a gray area, Amex chooses the London Stock Market as its touchstone. The British online casinos whose parent companies are traded on the LSX tend to be given access by the American Express credit card network. Otherwise, you’re not likely to be able to use Amex. Casinos like William Hill, Ladbrokes, Win Palace, Casino Titan, and OnBling casino all have American Express as a funding option.
Lowest Credit Card Processing Fees
Diners Club International for Online Casino
Diners Club was the first charge card in the world. The Diners Club began as a charge card for an exclusive restaurant in New York City back in the early 1950s. The Diners Club never tried to become an all-purpose credit card until the aforementioned success of Visa in that arena. Eventually, Diners Club began to make national and then international associations, so it’s now one of the respected credit card networks in the world–though nowhere nearly as large as Visa or Mastercard. These days, the card is called Diners Club International, though the company is based out of Chicago, Illinois in the USA.
This means Diners Club International isn’t likely to be a payment option for casinos which accept US players. Still, you’ll occasionally find Diners Club listed among the deposit options at European casinos.
Free Online Credit Card Processing
There are pros and cons of using most casino banking methods and options, and in the following guide we are going to be taking a look at all of the pros and cons of opting to use a credit card to find your casino site account.
The first thing you should be aware of is that using a credit card to gamble online no matter what gambling activity you are thinking of having and in what playing environment can be expensive, for at the end of the month if you do not pay off your credit card bill in full you will then be hit will interest fees and charges.
Be aware that it will be dependent on just which company issued your credit card as to whether you will indeed be permitted to gamble online using that card, as some companies have put blocks on their credit cards being used for any type of gambling activities, and as such you may find your credit card is going to be constantly denied at some casino sites!
Can I Withdraw Winnings to a Credit Card Account
Many casino deposit options will also allow you to withdraw winnings back to those deposit options, however that will not be the case if you choose to use for example a MasterCard credit card to fund your casino site accounts.
MasterCard have decided that they will not allow winnings achieved from any type of gambling related sites to be credited back to their credit card accounts, and that means if you have made a deposit using one of their cards and wish to withdraw any winning you will have to use a different withdrawal option to withdraw your winnings.
Visa credit cards however have a slightly different set of rules associated with using them and you may find that you are indeed permitted to have winnings achieved from any type of gambling account reedited back into your credit card account.
It will however be best for you to double check with the casino or gambling sites that you are going to be playing and/or gambling at to see how they can pay you out your winnings and also just what withdrawal methods they have on offer to their customers as they will chance and vary from site to site!
What Fees and Charges will I Have to Pay?
You need to be aware that there will be plenty of fees and charges to be paid if you wish to use a credit card as a deposit option at any online casino site, and as such only use a credit card if you have no other options available to you!
The first charge you will be hit with by many credit card issuers is a cash advance fee, as those credit card issuers look at deposits into casino or any type of gambling site as a cash advance! Also be aware that more and more casinos now impose a small fee on all deposit you make using a credit card to help cover their processing fees and charges they have to pay too!
Interest will also have to be paid on any deposit you do make using any type of credit card, unless of course you pay off your credit card bill when the bill comes in, so always make sure any deposits you do make with a credit card can be paid off by you when those bills come in! Also you may have to pay additional fees when you make a withdrawal too, so keep that in mind when choosing a casino site at which to play at!
Conclusion
What many casino game players will do when they have no other option but to make a casino deposit using their credit cards is to make use of some of the many different types of casino bonus that they often qualify for at a range of different casino sites.
For by offsetting those fees and charges by claiming bonuses they can often get more bonus credits than the total amount of charges and fees they are obliged to pay, which is something that you may be interested in doing yourself!
Just keep in mind that there is now something of an art form in regards to selecting the very best and highest valued casino bonuses, and that is always going to entail you taking a good look through the terms and conditions attached to any bonus offer you are thinking of claiming.
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Also, always double check that you are indeed going to be credited with any bonuses you do want to claim when using a credit card as you preferred online or mobile casinos site banking option, as sometimes some casinos will not award bonuses to players using a credit card to make their deposits!