Can I withdraw to my credit card?
A wide selection of casinos accepts credit cards as a withdrawal method. For players, it is a great benefit as it affords for easy, fast and convenient withdrawals. Although casinos are more and more leading to ewallets, players can still enjoy credit card withdrawals at many top online casinos. There are a large variety of advantages using credit cards for withdrawals and some disadvantages, of which we discuss in this article.
Withdrawal Procedures at Online Casinos
Once players have an exciting win and all the great plans of what to do with the money, fast easy withdrawal methods is a must. One of the safest withdrawal methods is credit cards and by far the most convenient. Players need to select the banking or cashier option on the casino website and then select to withdrawal. Under withdrawal methods, players will find credit card options and once they selected their credit card providers such as MasterCard or Visa, a quick withdrawal form is offered on the site. Details needed to complete the withdrawal form is the cardholders name – as displayed on the credit card, the credit card number, followed by the expiry date and then the card verification number of CVC number found on the back of the card. That is it and all that is left is to fill in the amount of the withdrawal.
Advantages of Online Casino Withdrawals with Credit Cards
The main advantage of using a credit card for withdrawals is that it is a safe and secure way to get the funds straight into your credit card. Credit card withdrawal is easy to request at casinos and only take minutes. The funds are in the credit card within 1 to 5 banking days. Players can cancel their withdrawal request while still in pending, should they change their mind and wishes to continue playing.
Disadvantages of Withdrawals with Credit Cards form Online Casinos
Credit card owners normally have a big credit limit available on their credit cards and with the easy and convenient way it works, it is extremely easy to spend on it without holding the track. It takes a lot of self-control not to spend the full budget. The transaction can be risky should third parties get their hands on it as it contains both personal details and credit card details, once this happens it is easy for them to do a fraudulent transaction with your credit card.
Another disadvantage is that more and more banks are starting to stop all credit card transactions to online casinos and this includes depositing and withdrawing. Many online casinos have a percentage charge on credit card transactions to cover the fee that is charged to them by the bank. The charge normally is 2% up to 5% and players are advised to carefully read the online casino rules and regulations. It is also advisable to check with your personal bank if they allow transactions to be made with online casinos.