Let’s take a look at some of the most popular online casino payment methods.
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Online Casino Payment Methods
No matter what method you’re using, there are a few pointers to keep in mind:
- Some casinos do charge deposit and/or withdrawal fees. This is becoming quite rare, but it does still happen. Most of the big brand online casinos have waived their fees, so the smaller casinos have had to follow suit. That being said, we have seen deposit fees of up to €2.50, so it’s worth watching out for. You can usually find information about this is the ‘banking’ section of your casino account. If you can’t find any info, don’t hesitate to contact customer support.
- It’s also worth checking with your credit or debit card supplier before you make a deposit. Some payment options charge extra fees on gambling transactions. We’ve heard of credit card companies that take an extra €5 on casino deposits. That may not sound like much if you’re depositing a few hundred pounds, but if you’re only playing with €10 then it’s quite a chunk.
- Some online casinos will support a particular deposit method, but you’ll not be able to withdraw to it. Mastercard is one popular example of this. If you’re not sure about your credit or debit card, check the ‘withdrawal methods’ in the ‘banking’ section of your casino account. Again, if you can’t find any info, customer support will be happy to help.
- Withdrawal times vary greatly depending on what method you’re using. As a rule, most online casinos have a manual processing time of up to three days. Following this, e-wallets will receive your withdrawal within 10 minutes, but it could take up to a week or more to put that money onto a credit or debit card. This information will be listed in the ‘banking’ section, so it’s worth checking out.
- If you’ve been tempted by an online casino’s welcome package, you’d do well to check that your payment method is eligible. Many of the most lucrative deposit match bonus offers will not accept e-wallet deposits.
Best Casino Deposit Option
Popular Casino Payment Options
- Credit/debit cards; eg Visa, Mastercard, Maestro, Switch, Solo.
- Neteller; one of the top e-wallets on the market. Used by millions of people from over 150 countries.
- Skrill; formally known as Moneybookers. Alongside Neteller as one of the main e-wallet choices. Also allows you to trade cryptocurrencies (see below).
- Trustly; another great e-wallet option similar to PayPal, which can move money straight into your bank account. Used for many of the no-account casinos.
- Cryptocurrencies (like Ethereum)
- PayPal; see below.
What is the fastest casino withdrawal method?
E-wallets are traditionally much faster than bank or card withdrawals. Withdrawing to an e-wallet such as Paypal requires little to no extra checks - unlike a bank account.
What is the best casino payment methods?
This depends on your own preference. If you don't mind receiving money later, then you can opt for a bank. If you value privacy and total control over your funds, then Bitcoin is a good option.
Can you gamble with a credit card?
Yes, you can. But by using a card, you may subject yourself to extra charges from your credit provider. See the fees and charges section of your credit card for more info.
Can I make casino deposits by phone bill?
If the casino accepts pay by phone deposits, then you can top up your account via your mobile provider. The value of the deposit will be added to your next bill.