Like Visa and American Express (Amex), MasterCard needs no introduction. You can’t go anywhere, watch or pay for anything without seeing that yellow and red logo.
MasterCard is in the business of providing branded debit, credit and prepaid cards to banks, credit unions and other merchants, and then processing the payments between those institutions and their customers. It’s a good business for them to be in, too, having brought in nearly $8 billion in revenue in 2012, almost $3 billion of which is net income.
For blackjack players MasterCard is an excellent deposit option. It’s available everywhere, for one thing. It also has low fees, high acceptance rates and when it’s used to make a deposit the funds clear and are available to play with within minutes. So you can easily go from never playing online blackjack before, to playing your first hand, in about 8-15 minutes.
This guide will show you just how to do that. Read on to find the best MasterCard blackjack casinos, as well as details on how to make a deposit and the pros and cons of using this brand of plastic.
Casinos and Software Providers That Accept MasterCard
Here are some of the top casinos and software providers that accept MasterCard.
- Blueprint Software
- Real Time Gaming (RTG)
Truth be told, I’d be shocked if you came across a casino that didn’t accept MasterCard for payment.
How to Get Started with MasterCard
Depending on the type of MasterCard you choose to go with, you’ll either have nothing further to set-up or you’ll need to do some preliminary stuff before you can use a MasterCard to fund your blackjack account. If you’re the later you’ll want to read this section. Everyone else can skip to the next one.
If you want to go the credit or debit card route, you’ll need to set-up an account at your local bank or credit union. When you open up a checking account they’ll ask you if you want a card – say yes and they’ll mail one to you.
That’s one option. There are other options, too.
For example, I have a PayPal MasterCard. This is tied to my PayPal account (which is also tied to my bank account). Every purchase I make comes from the PayPal account, unless there aren’t sufficient funds, in which case the difference is debited from my bank account.
Of course, I can’t use PayPal to deposit online since I’m American. But if you’re not and you’re playing at a site that accepts both PayPal and MasterCard (pretty sure you’d need both, and not just MasterCard) you should be able to make a deposit. The same (should) holds true for other e-wallets like Neteller and Moneybookers.
Another route to take is prepaid cards. You can buy these anywhere, like your grocery store, gas station/convenience store or drugstore. They’re available online, both in plastic or virtual form. Going the virtual form is great because you don’t need to carry a card around, which reduces the risk of losing your card (or numbers) and any money you have on it.
Whichever way you choose to go just make sure the casino you’re signing up to accepts it. I’ve never made a deposit with anything but a debit/credit card, but I would imagine there is a difference in how things are processed between debit/credit and prepaid or gift cards. In other words, there’s a reason why these options are listed separately and not together. So if you want to use a prepaid card, there’s a high chance that the casino needs to accept prepaid cards (and possibly MasterCard, too) in order for you to use it.
How to Make Deposits and Withdrawals Using MasterCard
Making a deposit with MasterCard is a cinch. What you need to do is log-in to the casino, head to the cashier and click on MasterCard. If you’re using a different option, such as a gift or prepaid card, you’ll want to choose that.
From there you’ll enter in your card number, expiration date and the 3-digit code that’s on the back. Then enter how much you want to deposit and click submit. Your funds should be available to you within seconds, possibly a minute or three.
That’s all there is to it.
In regards to withdrawals you’ll find that most casinos don’t allow it. This isn’t so much on the casinos part, as it is MasterCard’s. So you’ll need to find an alternative withdrawal option. I recommend an e-wallet (Neteller, Moneybookers, PayPal), e-check or paper check.
From my own experience and research you won’t have any fees for using MasterCard to make a deposit. In fact, hardly ever will a casino charge you to fund your account.
Withdrawals will depend. Most casinos don’t let you withdraw to your MasterCard. If you withdraw to an e-wallet or via check, you might have some fees. They’ll be small, though, only a couple of dollars. In the worse case scenario you might pay $30-ish for a bank wire.
Advantages and Disadvantages
All banking methods have pros and cons to them. All. Of. Them. My reason for listing them below is to help you quickly decide if MasterCard is an option you’d like to use.
Widely accepted. MasterCard is a common deposit option. You shouldn’t have a problem finding a great casino that accepts it.
Your funds are available instantly. Make a deposit and you’ll be playing blackjack within minutes.
Several options to choose from. Take your pick from debit, prepaid, credit or gift cards. You should be able to find a casino that accepts at least one, if not all of these.
You can’t use MasterCard to withdraw your funds. This is a big deal for international players (US players are used to this). This means you’ll need a minimum of two banking options to get your money on/off the site. That also means having to pay withdrawal fees for using a different method.