Choose an online casino in which to play

Online casino deposit options and credit cards

By admin on 2014-03-18 10:12:55

Yet again it is time to turn our attention to what is the best way to fund an online casino account so that we can enjoy playing casino games online. Unfortunately we continue to hear reports of new online casino customers who have used their credit card for this purpose being caught out by the additional charges imposed by their credit card issuer, so let’s have another look at our deposit options. All the major online casinos are what we can call credit card casinos in that they accept a credit card as a deposit option, but they also offer us a range of alternative deposit options including most debit cards and of course the popular e-wallets, Pay Pal and Neteller. Most of us are well used to buying goods and services on the internet these days, and many of us choose to use a credit card for this purpose because of the built in insurance element associated with using a credit card, but while playing casino games at an online casino obviously carries some risk it is unfortunately not an insurable risk. Quite apart from the common sense element of not gambling with borrowed money, using a credit card to fund playing casino games will almost certainly cost you extra money because most banks will apply a surcharge of up to 2% on any credit card transaction associated with gambling. In addition to that surcharge you will also be subject to interest at credit card rates from day one because it is considered to be a cash transaction. In effect then using a credit card as an online casino deposit option means that you have lost money before you’ve even started playing any casino games. There may of course be a good reason for someone to want to use their credit card as a casino deposit option, in which case we would certainly advise that they do so via an e-wallet account and not as a direct funding method.