Online casinos are a lot of fun. They offer a person the chance to play their favorite casinos games practically anywhere in the world. As long as a person has some type of computer device and an internet collection, they can take their chances at their favorite online casino. Of course in order to win money, you have to have some money to start with. At a traditional casino that is easy. You simply bring the cash with you.
Online casinos work a little differently. A person has to set up an account and they have to fund the account in order to play. Once they have the money in their account, they can play the games. Casinos usually offer a wide range of methods to fund the accounts. These range from services that offer electronic money transfers to sending a check to the online casino. When a person has one money at the casino, they need to have some way to withdrawal the money so they can spend it.
One of the most popular methods to fund an account is to use a credit card to fund the account. Of course, most people who choose a payment method want to make sure that it is safe and secure. This includes the people that choose credit cards. So what can a person do to make sure that using a credit card is safe at the online casinos?
One of the downsides of using a credit card is that they can usually only be used to fund an account. They are not always able to be used to withdrawal the money that is won. Make sure you are aware of the rules regarding credit card use at an online casino so you do not make any mistakes you will regret.
Deposit Limits: When you do use some banking method at casinos you are not going to have any type of deposit limits imposed on you. However, when you use a credit card to fund your casino accounts online you will often find there will be either a daily, weekly or maximum amount you can use credit cards to fund your accounts with like Rich casino allows $10 as minimum credit card deposit.
The credit card deposit limits which many casinos have will vary from casino to casino and you will only be given the option of increasing those limits once you have become a known, loyal and regular playing at those casino sites.
Withdrawals: You will find that if you have a Visa credit card then there are usually going to be plenty of casino sites that are going to be able to send your winnings back to you Visa card account.
However, if you have chosen to use a MasterCard as the way to fund your casino account online and you then have a winning session and wish to get paid your winnings and have it sent back to your MasterCard that is something no casino sites are going to be able to do.
It is the rules and terms and conditions attached to using a MasterCard that do not allow winnings at the casino to be sent back to those cards and as such if you do have a winning session when you have been playing in a casino at which you used a MasterCard credit card to make that deposit then you will need to find another withdrawal option to use.
Fax Back Forms: Many casinos have some very strict rules when it comes to allowing their customers to use a credit card to fund their casino accounts, and what you will often find when you have used such a card to fund your casino account is that the casino you are playing back will send your something known as a fax back form.
This is a form which you will need to fill out and it will require you to enter your credit card details on the form along with signing a statement which says you have chosen to use that card to use at their site and you will not be disputing any of the charges made with your credit card.
If you do not send this form back on time then any withdrawals you have made will not be sent back to you until you do send it back! So when a casino sends you such a form by email or asks you to download if from their website make sure you complete it and send it back to them quickly. You will be able to fax it to them or send it via email.
Additional Casino Fees: Many online casinos have now started to charge their customers a small fee whenever they use a credit card to fund their casino accounts. The fee is often a small percentage of the total amount you deposit, and the reason they have started charging a fee is that the credit card processors they use to process payment charge them a large fee which they will pass onto you. But not all casinos charge this fee and if you do intend to use your credit card to make a deposit into your casino account then make sure you choose a casino site that never charges you any additional fee for those fees can mount up and will reduce the value of every single deposit you make.
Also be aware that you could get charged with a fee when making a withdrawal back to you credit card. If your chosen casino is implementing credit card fees stop playing there and find a casino sites that won’t deduct any additional fees onto you. It is necessary to always read terms and conditions and banking methods available at the casino very carefully before making any transactions.
Credit cards can be safe to use at online casinos, but a person should be careful. There is more to worry about than just putting your private and financial information at risk of someone to steal. Credit cards also can have limits that will allow a person to gamble more than they can afford. Make sure that you learn how to gamble responsibly and realize that the bill from the credit card will come in at the end of the month.