Choose the right online casino deposit option

One of the first decisions that new online casino games players have to make is how they are going to fund playing casino games at an online casino. To help them make that decision we here at onlinecasino.ie regularly examine the pros and cons of the various deposit options available to them. All the major online casinos offer a wide range of deposit options, including debit cards, credit cards and e-wallets such as Pay Pal or Neteller. If you have easy access to a Paddy Power or Ladbrokes betting shop it is even possible to manage your account using cash, although most of us prefer the convenience of managing our online casino account from home. Let’s start with the option of using a credit card, not our preferred choice for reasons we will explain. Clearly using a credit card to fund playing casino games is effectively gambling with borrowed money, which in itself is not a good idea, but there are other reasons why a credit card is not the best online casino deposit option. For reasons best known to themselves the banks will almost certainly apply a surcharge of up to 2% on any transaction involving gambling, and because such a transaction will also be considered to be a cash withdrawal hey will apply interest from day one at credit card rates. Unless you are happy to start playing your casino games with a loss, put the credit card away. Some banks will also apply a surcharge to a debit card transaction of this type even though it is your money so let’s look at the alternatives. In terms of privacy and security there is no doubt that an e-wallet is the best online casino deposit option by far, because the online casino will have no access to your personal banking details and even better the banks will not know what you are using that account for. An e-wallet account is easy to open and can be used for a variety of other internet transactions as well as funding playing casino games. An e-wallet account can also be funded in a variety of ways to suit your individual circumstances, including electronic transfers, debit cards and of course credit cards, although again we would not recommend using a credit card.