most popular live dealer casino payment methods in the online gambling industry.
About 95% of American adults have a credit card from companies such as Visa or MasterCard. Evidently, credit cards are among the most popular ways of paying online, but are they better than other live casino payments methods?
The Key Reasons We Recommend Credit Card?
Credit cards are something that most of us already own, and they’re easy to use as well as secure. This is a way of getting money into your account speedily and without the hassle of opening a new payment account or wallet.
Are Credit Cards Reliable?
Credit cards offer an extremely reliable and dependable way of moving money to a casino account. Comparatively, this mode of payment is as accessible as other popular live casino payment methods, like PayPal and Neteller.
Disadvantages of Using Credit Cards
However, one thing to remember is that with the usage of credit cards, you might get charged by your card issuer when moving money. In addition, some banks may not let you use their cards on a gambling site and withdrawals to credit cards aren’t offered by most casinos right now.
Withdrawals and Deposits at Casinos with Credit Cards
You can deposit using Visa or MasterCard, but you can’t withdraw. The deposit option gives you instant funding of the account. Check out the exact limits and timescales on your chosen casino. The following are some general guidelines that can vary:
|How long to deposit||How long to withdraw||Minimum deposit||Minimum withdrawal||Maximum deposit||Maximum withdrawal|
|Instant||Not generally allowed with credit cards||$10 (varies by casino)||Not applicable||$25,000 (may vary by casino)||Not applicable|
How to Deposit
Once you’ve opened your live dealer casino account, you can choose the credit card option from the list of live dealer casino payments methods. Complete your card details, such as the number and expiry date, where requested.
How to Cash Out
Take a look at the available withdrawal methods from the casino. At the time of writing, credit cards aren’t listed as a cashing-out option by any regulated US casinos. This may change in the future.
Fees and Charges with Credit Cards
You won’t be charged by your casino for moving money into your account. However, your card issuer may charge you.
Are Credit Cards Better than Skrill?
The key benefit of credit cards is that most of us already have one. Skrill is a popular payment method but it involves transfer fees and will require you to open an account if you don’t already have one. Both offer instant deposits.
Pros and Cons of Casinos with Credit Cards
Using a credit card to fund an account in a live dealer casino gives you the following benefits:
- Very easy to carry out
- Funds are added to your account instantly
- No charge by casinos
- A safe and secure banking method
- You can use any existing Visa or MasterCard card you own
- There are also a couple of possible disadvantages to be aware of.
- You won’t be able to withdraw funds using this method
- Your card issuer may charge you
Check the casino’s banking information to be sure of their policy on this and other live casino payment methods, but generally, deposits made using credit cards are available as funds instantly.
Your casino won’t apply any fees. But you need to check with your card issuer to see if they will do so.
This is a completely safe method of funding a casino account. Millions of credit card transactions are carried out across the planet every day.
No, you’ll find some casinos where this isn’t an option. Look for their list of accepted banking methods before you get started.
Credit cards can only be used for deposits. You’ll need to find an alternative withdrawal method.