Content:
- Credit card casino deposits
- Credit card withdrawals
- Account verification
- Pros and cons of credit card payment
A universal payment method that you can use for online gambling and betting in the UK is a credit card. If you don't have one, it's easy to apply for it at any British bank. It's a common practice to use a credit card for online casino deposits because most of them accept credit cards either by Visa or MasterCard. Below, you can find the top options in the UK.
If you have at least one credit card, you know that you can afford anything at any time. They work seamlessly giving you the money you need at the moment. But later, you need to pay for your purchases anyway — simply deposit into your credit card the spent amount when you have money.
When using credit cards, gamblers risk getting into large debt. Some players believe that the money they loan to use for games will get back in the form of winnings. So they will use the credit tonight and return it later. However, it doesn’t always happen like that. Most of the time, players risk spending more than they win, especially when chasing losses. In other words, you’d better have a stable income to cover loans just in case.
Credit card casino deposits
Hopefully, you’re using credit cards wisely and you know what consequences can follow. This way, you can guarantee the best real-money gambling experience. The good thing about credit card deposits is that you can make a casino deposit right now and actually pay it next month. So if you don’t have enough money today, make sure you have it next time.
Online casino payments don’t require much information — only the letters and figures from the card and the verification code. Because credit cards are very popular across all gambling sites, you will have no trouble depositing with a credit card:
- Get yourself a credit card. If you don’t have one, you can apply for a credit card at any British bank online or offline. They produce accounts and cards very quickly.
- Sign up at a UK casino. On our website, you can find the best online casino in the United Kingdom to your choice. Simply tap the play now link and you’ll be redirected to the official platform. Click create a new account and follow the instructions.
- Visit the cashier section. The deposit button is usually big and bright so you won’t miss it on the casino menu. Tap it to open the cashier.
- Select a credit card payment method. Click on the menu of banking options and choose your provider between MasterCard, Visa, and American Express.
- Enter the details. Fill out the form with your credit card details.
- Enter the amount. Mind that online casinos have different minimum deposit limits. It can be as low as 10 euros or 20 euros depending on the casino. Check this amount beforehand. Also, mind the fees if there are any.
- Confirm the payment. You will need to get through a simple verification step from your bank. And then you can complete the transaction and get back to the lobby.
Credit card withdrawals
Withdrawals are usually easier than deposits because your card details are already stored at the casino.
There can only be one obstacle with credit card withdrawals. Some online casinos don’t support credit card withdrawals and you won’t be able to cash out onto your credit card. However, most UK casinos allow their customers to withdraw using credit cards.
So in most cases, you can easily cash out by following these steps:
- Visit the cashier section and select “withdrawal”.
- Choose your credit card provider.
- Enter the details of the card. However, in most cases, the details will already be entered automatically.
- Enter the amount you want to cash out. Again, mind the minimum and maximum payout limits. Plus, mind the fees if your online casino doesn’t pay them itself.
- Confirm the payment. If you’ve done everything right, you will receive your money quickly. Sometimes it takes more than 5 days, though.
Account verification
There’s one thing you should know about before trying to withdraw money for the first time. Online casinos in the United Kingdom require your documents to verify your account. This way, they protect themselves from fraudulent actions and money laundering and your account from internet fraud.
In all cases, when you use a credit card, you will have to verify your casino account. The procedure is written in detail on your casino site. As a rule, they require an ID document such as your passport, your address confirmation such as a utility bill, and a bank receipt.
The verification step takes time, which is why players are recommended to complete verification before they decide to withdraw. If you trust a casino site, we advise you to verify your account as soon as you create it. This way, you will have a faster payout.
Pros and cons of credit card payment
It’s totally up to you to decide whether or not to pay with a credit card. We’d just like to give you all the pros and cons of using it for online gambling.
Pros
- Available at most UK online casinos
- Credit cards are issued quickly
- Instant deposits
- Easy payments
- Large deposit limits
- Secure
Cons
- Possible fees on the side of the casino
- Charges on the side of banks if you don’t pay the debt on time
- The cash-out function depends on your location
- Slow withdrawals
- Account verification is necessary
- Risky for problem gamblers
As you can see, there are advantages and drawbacks to credit card payments. Though it depends on your gaming behavior. For example, if you play responsibly and pay your debt on time, you will not experience extra charges and risks of getting into debt. The other drawbacks are pretty acceptable such as verification and slow withdrawals because anyway most online casinos require documents and process payouts within several days.
Nevertheless, you should mind these points when looking for a credit card casino site.
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