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A credit card is not the best online casino deposit option

By admin on 2015-11-10 11:59:03

In keeping with our policy here at onlinecasino.ie it is time take another look at the various online casino deposit options that are available to new online casino games players. In order to play casino games online it is of course necessary to open an account with our chosen online casino and deposit money into that account to fund our casino games. All the major online casinos offer a comprehensive choice of deposit options to make it as easy and convenient as possible for their customers to fund playing their casino games, but we feel it is important to point out the potential drawbacks associated with some of these options, particularly the use of a credit card for this purpose. Many of us automatically reach for our credit card when purchasing goods and services online because of the insurance element associated with using a credit card, but that reason does not apply to using a credit card as an online casino deposit option. Quite apart from the fact that using a credit card to fund playing casino games is effectively gambling with borrowed money, the banks will also penalise anyone using a credit card for the purpose of gambling. Almost every bank will apply a surcharge of up to 2% on any credit card transaction involving gambling, and will also then start charging interest on the amount withdrawn from day one because they will equate it to withdrawing cash from an ATM. These two penalties would mean that anyone using a credit card as an online casino deposit option would start playing casino games already showing a loss. Winning may not be only reason that we enjoy playing casino games, but it helps and these costs are unnecessary. The best online casino deposit option apart from cash is undoubtedly an e-wallet such as a Pay Pal account, which can then be used for a variety of internet transactions including playing casino games.