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A Maestro card is not the best online casino deposit option

By admin on 2016-02-18 10:16:54

Following the latest newspaper reports regarding the theft of our personal data and banking details, we should perhaps take another look at how we use the internet to source and purchase goods and services. Most of us have got into the habit of reaching for a credit card for internet transactions, which for many of us in Ireland means a Maestro card. There are very good reasons for using a Maestro card for internet purchases not least the built-in insurance element should something go wrong, but what about funding playing casino games at an online casino. Whilst some of our most popular online casinos are Maestro casinos and will accept a Maestro credit card as an online casino deposit option, there are a number of potential problems associated with using a Maestro card for this purpose. The first of these applies to all credit cards because using any credit card to fund playing casino games is effectively gambling with borrowed money and certainly not to be advised. That is also the reason why the banks take a dim view of using a credit card as a casino deposit option and will almost certainly apply a surcharge of up to 2% on any such transaction. Irrespective of whether you pay off your credit card bill every month, you will also be charged interest from day one because it is considered to be a cash transaction. The Maestro card also has another problem because although it is well known in Ireland it is less well known elsewhere and there are many online casinos who will not accept a Maestro card as a deposit option, severely reducing the choice of casino games we can play. We have said this many times over the years, but the best online casino deposit option is an e-wallet such as Pay Pal or Neteller which once opened can be used for a variety of internet transactions including funding playing casino games. An e-wallet also significantly improves your privacy and personal security and can of course be funded as you please.