Whenever you’re ready to play for real money at your favorite online casino, you will find that there are plenty of payment methods to choose from. We’ll walk you through the most common options so that you’ll know exactly what to expect when you deposit money (as well as what to expect when you hopefully withdraw money after hitting a huge jackpot!).
There are three primary payment methods used at most online casinos: credit and debit cards, e-Checks and online wallets.
Credit and debit cards
Credit and debit cards are a common choice among players looking to fund their online casino accounts, but there are some restrictions to be aware of. Depending on where you live, you may have a hard time using a credit card to deposit money into your account, as many credit card companies (especially in the US) attempt to block transactions with online casinos and gaming companies. But if you want to fund your account with a credit or debit card, it never hurts to try; if the transaction is blocked your card won’t be billed so there’s no risk in trying to see if it works.
One nice feature about using credit or debit cards is that the deposit is instantaneous, so you can immediately play with the money you deposit. Some online casinos limit how much you can deposit using credit and debit cards, so check first to see what the maximum and minimum deposit amounts are at the casino you want to play at. As well as this, they often have caps set as to the maximum amount you can deposit in a 24 hour period. So if you’ve hit the maximum and keep trying to deposit more money, your transaction will be denied, even if you’ve previously used that card successfully.
Next up are e-Check services, which are pretty straightforward. You enter the details of your checking account at the online casino and, once your account is confirmed, any deposit you make is automatically deducted from the balance in your checking account. It’s just like writing a check (cheque), except that it is done electronically (thus the name, ”e-Check”). Withdrawals you make from your online casino account are processed directly to your checking account, usually within 24-48 hours.
E-Check services are very convenient and the only real drawback is they typically take 2-3 days to initially set up, and you often have to wait for a small micro-deposit to show up in your account from the casino. After you confirm that you have received this deposit, your account is then ready for use and you can start depositing money to the casino to play with. Some casinos also limit how much you can initially deposit using e-Checks, so you may be disappointed with the e-Checks system if you want to immediately deposit thousands of dollars and start playing high stakes blackjack.
Last but not least are online wallets, which are services like PayPal and other online accounts that let you move money around online. You create an account with these online wallet services and, much like e-Checks, link them to a checking or current account. Once that you confirm you have received a micro deposit from them, then you’re ready to roll and you can deposit money into the online wallet. Once you’ve funded your online wallet, you can then deposit at a wide range of online casinos. If you withdraw money, it goes back into your online wallet, where you can use it to play at another casino or withdraw from there to your checking or current account.