Is a credit card a good online casino deposit option

Here at onlinecasino.ie we try to ensure that new online casino games players have the best introduction possible to the experience of playing casino games at an online casino. With this in mind we regularly return to the topic of how best to fund playing casino games online. All the major online casinos offer a variety of ways to open an account and accept almost every possible deposit option we could want to choose, but what is the best online casino deposit option and what are the worst. Most of us would opt to use a credit card when purchasing goods and services online often for very good reasons, but is a credit card the best online casino deposit option. Certainly all the major online casinos accept most credit cards as a deposit option, but there are a number of significant drawbacks to using a credit card to fund playing casino games online. Clearly using a credit card as an online casino deposit option is effectively gambling with borrowed money which is never a good idea anyway, but it will also cost you money. Almost all the banks will apply a surcharge of up to 2% on any credit card transaction involving gambling and some will even charge extra if you use a debit card. Using a credit card as an online casino deposit option is also considered to be a cash transaction in the same way as withdrawing money from a cash machine, and will therefore attract interest from day one at the usual high credit card interest rates. These two factors combined mean that anyone using a credit card as a deposit option will always start playing their favourite casino games already losing. Anyone who has no option but to use a credit card should always do it via an e-wallet account such as Pay Pal or Neteller, which will improve their privacy as far as the banks are concerned and avoid potential surcharges. Even then interest will still be charged from day one so choose another option if at all possible.