In this review, we will talk about the best payment options regarding Online Casinos. So what the Online Casino players look for? They want to be able to deposit and withdraw quickly, easy and securely at an online casino and that is one of the most important features that all players look for. Credit Card option is one of the most common and method that is available at 99% of the Online Casinos.
Online Casinos That Accept Credit Cards
What is Credit Card and How to Obtain it ?
Getting your first Credit Card can be for some easy as anything but for others can be a bit painful. There are some general rules, to be of certain age (in most countries over 18, in the US over 21) and to have a job or to show steady income. If you don’t have any income don’t think you will be able to get Credit Card. The second thing you need to be aware off is Credit History, and that is one of the primary factors that Credit Card issuers consider when they are approving an applicant.
If you are in college, you have a very good chance of getting approved for a student credit card from a major credit card issuer. Those Card have high-interest rates and annual fees so maybe not the best fit for you.
If you’ve been responsible for a checking or savings account, try applying for your first credit card at your bank. An existing banking relationship can improve your chances of getting a credit card application approved, especially if you’ve handled your account responsibly, e.g. no overdrafts.
When your (lack of) credit history keeps you from getting a standard credit card, you can apply for a secured credit card. With a secured credit card, you make a deposit against the credit limit of the account. The bank holds the deposit just in case you don’t make your payments as agreed.
How Does Deposit & Withdrawal via Credit Card Works?
Credit cards make it possible to start playing using real money at online casino sites almost immediately. As we said before 99.99% of Online Casinos in the world allow Credit Card payment options, but there is no guarantee which Credit Card will work at particular Casino so check their terms and conditions first. It means that particular Credit Card can be rejected at a particular Casino and the same card will be accepted at other Online Casino. Due to federal laws, players from many other countries, particularly the US, tend to suffer from low approval rates when using credit cards at online casinos even at licensed gambling sites.
Deposit with Credit Card at Online Casino is pretty easy and rather fast. All you need to do is to put your personal details and card details (usually name, card number, date of expiry and 3 digit security code) and in second your funds will be transferred to Online Casino.
Withdrawal generally takes far longer to complete. However, withdrawal speed is also quite prompt when using Credit Card as a payment option. This might take a few days in comparison to when making a deposit though.
Advantages and Disadvantages of Credit Card Payments
– Widely accepted payment option, as majority of Online Casinos accept Credit Cards as payment method,
– Safe and secure method of payment,
– You can deposit large amounts of money,
Disadvantages are just a few, most important are withdrawal times and fees that you get charged and some Online Casinos don’t allow Credit Card withdrawal.