Credit cards are a staple nowadays. They’ve replaced checks and cash, even for smaller purchases. That wasn’t the case 10-15 years ago.
With the increase in internet and mobile usage, there are even devices that people can plug into their phones and tablets to accept credit card payments while on the go.
So what’s my point?
Credit cards are a commonly used and accepted financial too. The industry accounts for trillions of dollars in transactions, and (net) billions for the companies that process them.
Some of that money comes from the gambling sector, namely blackjack players. We like to use them because they provide a fast, easy and convenient way to fund our casino accounts. Players can use them to fund their accounts, as well, or to fund e-wallet accounts such as PayPal, Neteller or Moneybookers, which in turn can be used to fund their blackjack exploits.
So with credit cards in mind, what you’ll find below is a guide to using them to play blackjack online. What we’ve covered are the top sites that accept credit cards, how to get and use credit cards, and the pros and cons to using them online.
Casinos and Software Providers That Accept Credit Cards
Here are some of the top casinos and software providers that accept credit cards.
- Real Time Gaming (RTG)
- Blueprint Software
This list is a drop in the bucket. I would guess that 99% of casinos accept credit cards. They’re just too common a method for casinos not to.
Which Credit Card Should You Use?
If you already have a credit card then you can skip to the next section. But if online blackjack is prompting you to get your first credit card, and that’ll be the primary use for it, then maybe the following will help.
In terms of gambling online, I would rate the following brands this way (in order from best to worst).
- Visa – Most common and able to do deposits and withdrawals.
- MasterCard – Not as available as Visa, but more than Amex. Can’t withdraw to MasterCard.
- American Express – Less availability, can’t withdraw to Amex and Amex isn’t accepted at most e-wallets.
This has no bearing in how good these cards are outside of a casino. You might find that MasterCard or Amex is worth picking up because you can use it to earn perks like airline miles, gifts or cash back. That very well might offset any headache using these methods give you. Or maybe they don’t/won’t. That’s for you to decide.
When you do decide, the best way to get a credit card is to talk to your bank or credit union. Be sure to compare interest rates, terms and perks so that you save/make the most money possible.
How to Make Deposits and Withdrawals Using Credit Cards
Making a deposit with a credit card is simple. It doesn’t matter which card you use, either, the process should be identical across the board.
What you’ll do is log-in to the casino, head to the cashier and then choose the credit card you want to use.
On the next screen you’ll be asked to input some information. This will include your card number, expiration date and the 3-digit code that’s on the back of your card. You’ll then input how much you want to deposit and then hit submit. Your funds should be available to you within minutes.
That’s it—simple, right?!
The process for withdrawals will be similar. That’s assuming the casino lets you withdraw to your credit card in the first place. US players, MasterCard and Amex users won’t be able to.
Keep in mind, too, that even if you can accept withdrawals to your Visa, that many casinos will opt to send your withdrawal to a different method, such as an e-wallet. They’ll only do that if you’ve used one of their preferred methods within the last 6 months or so. Otherwise your funds will just be shipped to your Visa.
Credit Card Fees
You shouldn’t have to pay any fees for making a deposit with your credit card.
Withdrawing to your Visa shouldn’t have fees either, at least on the casino’s end. You’ll want to check with your bank to see if they’ll charge you, though. And since you can’t withdraw to MasterCard or Amex, it’s hard to say what fees you’ll have, if any. I would figure that in a worse case situation you’ll have to pay $35 for a wire transfer, or a small fee (few dollars) for a paper check.
Advantages and Disadvantages
There are advantages and disadvantages to all casino payment methods. Here are our opinions on the pros and cons to using a credit card to fund your blackjack account.
- Your money is available instantly. You can start a new casino account, make a deposit and be playing blackjack in as little as 10 minutes.
- Accessible. Credit cards are easily obtained by almost everyone, even those with bad credit. (Players with bad credit can often get a secured credit card). They’re accepted by nearly every casino, too.
- US players can use credit cards to make a deposit.
- Visa can be used as a withdrawal method for select players/countries.
- No fees. You won’t be charged to make a deposit.
- Convenient / easy to use. You don’t have to create or fund additional accounts, like e-wallets. This makes the process simple and fast.
- You can’t withdraw to MasterCard or Amex. So you have to find a casino that accepts that method for deposits -and- a method that you can use for withdrawals. That also means that you might have to pay fees for your withdrawals, depending on the method you choose to use.
- Credit cards can be expensive. Credit cards have interest rates, so if you’re not paying your balance off each month, you’ll have to pay interest on top of money you might’ve lost (or will lose).
- Not everyone can use credit cards. Only people with decent enough credit scores will be approved for them.