Content:
- Prepaid MasterCard cards
- How to deposit with prepaid MasterCard in Canada
- Prepaid card withdrawals
- Pluses of using prepaid MasterCard
- Is prepaid MasterCard worth using for deposits?
No bank account - no problem. This phrase perfectly describes prepaid cards. Many casino beginners prefer using this payment method because it doesn’t involve banking details and personal data. Canadian casinos know about it so they accept various prepaid vouchers, including Prepaid MasterCard, one of the best options. Look through the casino list below and choose your online casino that accepts Prepaid MasterCard in Canada.
Prepaid MasterCard cards
There are about 15 prepaid cards powered with MasterCard. Each card is meant for different purposes such as travel, business, gifts, and every day. In terms of online gambling, players can use everyday types of cards and gift cards, especially if they want to make a present to their gambler-friend.
These cards have slight differences in denominations and use. But the most popular prepaid cards among casino players are Vanilla Prepaid and Prepaid MasterCard. Many Canadian casinos accept both types of prepaid MasterCard vouchers.
So in this post, we’ll tell you about the two variants.
Vanilla Prepaid MasterCard
Vanilla cards can come powered with MasterCard or Visa. The difference between them is the denominations. A Vanilla Prepaid MasterCard operates like a regular bank card but it goes with a specific amount of money preloaded.
Vanilla prepaid MasterCard cards feature the following denominations: $25, $50, $100, or $200.
It doesn’t require your personal information and banking details. All you need to top up your balance is to buy the prepaid card and enter the PIN code into the deposit form.
Vanilla cards are sold at different retail stores, gas stations, and pharmacies in Canada. When buying it, you pay not only for the price but also a small fee. It depends on the establishment where you buy the voucher.
Vanilla MasterCard cards are not reloadable, so if you want to use the card again, you need to buy another one. Or you can use a OneVanilla card that allows reloading funds and multiple uses.
Prepaid MasterCard
Online gambling platforms also accept MasterCard Prepaid Cards for everyday use. They are perfect for all things you pay for in your everyday life such as shopping, bills, and internet games.
It doesn’t require your bank account or credit check. And like Vanilla one, Prepaid MasterCard acts like a regular bank card you use for payments. It’s accepted at all online casinos where MasterCard is accepted.
You can purchase the card online on the official website or buy it at retailers, banks, and cheque-cashing locations. After you get the card, you need to activate it. Register Prepaid MasterCard providing your personal information and the government-issued ID. The instructions are given when purchasing.
To use the card, you need to fund it. You can do it in the store where it’s sold or online. When it’s done, you can easily use Prepaid MasterCard for online gaming.
The good news is that you don’t have to buy a new card to transfer another deposit. You can reload your Prepaid MasterCard online or in stores.
How to deposit with prepaid MasterCard in Canada
The biggest advantage of all prepaid cards is that a casino deposit is easy and quick to carry out. Here’s how to:
- Choose an online casino accepts prepaid MasterCard in Canada. Register and provide true information about yourself.
- Go to the deposit section to fill out the form.
- First, choose Prepaid MasterCard from the list of banking options. Enter the amount of money considering the minimum and maximum limits.
- Provide the PIN code mentioned on the prepaid card as required by the casino.
- Click to confirm when you filled all the fields in the form.
- It takes a few seconds for your transaction to be approved by the financial institution - card issuer.
When you get back to the casino lobby, you will find out that your funds are already in your account.
Prepaid card withdrawals
Prepaid cards are not available for withdrawals. They are a single-way payment method that can only be used for deposits and payments but you can’t receive money on this card. So when you decide to cash out your winnings, you need to have an alternative payment method account.
Good alternatives include bank cards and bank transfers, e-wallets, and cryptocurrencies.
Pluses of using prepaid MasterCard
Prepaid cards are one of the most chosen methods, especially among new casino players and recreational gamblers. Here’s why they choose prepaid MasterCard:
- Security — no banking data is involved. They feature anti-fraud protection. Plus, when using prepaid vouchers, you reduce the risk of overspending and exceeding your gambling budget.
- Convenience — prepaid cards already come with funds. And you can reload them if this feature is included.
- Availability — prepaid cards are offered at most retail stores near you. If you don’t want to leave your house, you can buy them online. Plus, most online casinos in Canada accept prepaid MasterCard cards.
- No interest — prepaid cards are not like credit cards, so they don’t charge you interest. Nevertheless, they can charge fees at the moment of buying. However, the fee can vary depending on the place where you purchase the card.
- Casino bonuses — if you want to claim bonuses and take part in casino campaigns, you can do it using a prepaid card. This payment method is not a restriction.
- Bankroll management — thanks to the preloaded amount of funds, gamblers can control their spending and use a prepaid card as a responsible gambling tool.
- Fast deposits — prepaid cards are straightforward. As soon as you finish the deposit procedure, the money is in your casino balance.
Is prepaid MasterCard worth using for deposits?
Definitely, yes, if you want to stay self-controlled when gambling if you want to keep your banking data secret from online casinos, and if you just want to deposit and play in an instant. MasterCard prepaid cards are convenient for desktop and mobile users. They feature a lot of advantages and just a few drawbacks such as the inability to accept withdrawals and purchase fees. But these are not big problems for gamblers. So the only problem you need to solve is to choose between Vanilla MasterCard and Prepaid MasterCard.
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