Online Casino Banking 2020
Enjoy peace of mind in knowing that whenever you play online, you'll be able to deposit and withdraw securely with some of the best online casino sites around.
Are you concerned about payment methods when playing at an online casino? Perhaps you're worried about how safe your information is, or how quickly you'll be able to withdraw real money? Can you trust online banking options that the casinos offer?
We make the process of selecting and online casino and a relevant banking method easy. Our experts explain the best banking methods available for your region and shed light on what reasonable costs and turnaround times entail.
List of the Best Casino Deposit Methods
The casino sites that we list have recognized deposit methods where you'll be sure to find your favorite deposit method. Most of these sites will accept credit and debit card deposits such as VISA, MasterCard and American Express. A few sites here and there will also accept the Discover card, but it's not really considered a “major” card at most online casinos.
Casino Withdrawal Methods
Withdrawal methods at online casinos can be a little more diverse as you may need to wait some time for some of the withdrawal methods. Most, if not all online casino sites, do bank wire transfers. This is money that will be put straight into your bank account. These can usually take between 3 and 7 business days to process.
Depending on your location, you will be able to use electronic wallets such as Neteller, Skrill or even Paypal.
Many casinos offer instant withdrawals when using an electronic wallet as a banking method.
Cryptocurrency withdrawals are an option at an increasing number of online casinos. Many now accept casino withdrawal methods from the likes of Bitcoin, Litecoin and Ethereum.
Crypto withdrawals can sometimes be some of the faster withdrawal methods, and if you happen to request a cash transfer withdraw, you could have your money in just a few hours.
Most Common Casino Banking Options
Here are a few tried and tested methods that will let you make deposits and withdrawals at our recommended sites.
You'll be able to make both deposits and withdrawals with VISA as it's a major credit card accepted worldwide. It is the most popular deposit method and our top sites will have these deposits approved almost instantly.
MasterCard can be used for deposits and is another widely accepted card where your deposits will be accepted quickly. You should only really be paying the standard financial institutions fees.
While not a major carrier, there are only a number of USA online casinos that accept the AMEX. You won't be able to make withdrawals, but your deposits will go ahead as they would with other major cards.
Perhaps the most unpopular method of credit card banking, the Discover card is only accepted by a handful of online casinos. It's still a trusted payment network, so if you happen to use it, then go for it!
You'll need to use a service provider for a cash transfer deposit, in the same way that the casino will use a provider too. There may be some processing fees attached, and you'll be able to make your deposit and claim your withdrawals with the receipt given to you.
A wire transfer will have the money put straight into your bank account. Unfortunately for some, this is the slowest deposit method and could take anywhere inside a week to get the money cleared.
Perhaps the most widely accepted form of crypto right now at online casinos is Bitcoin. You'll be able to make all your transactions with your wallet address and send the currency too. Some online casino methods also accept Litecoin and Ethereum.
Using Cryptocurrency & Bitcoin
With the speed at which technology is moving, it seems almost natural that online casinos would start to embrace cryptocurrency and more importantly, Bitcoin. There's actually no reason not to do so and many have found online casinos to be a great place to use Bitcoin when playing.
Not only is Bitcoin one of the fastest withdrawal options, with the deposits taking a little longer than most others, it's also one of the safest. If you happen to have your wallet key handy, and either make a payment or receive one, the technology works quickly enough that after processing time from the casino, you could have your crypto converted in just a few hours.
Another nice thing about playing with Bitcoin is that the casinos that often accept Bitcoin as a payment option, will have specific slot machines that work on a provably fair methodology. This is an algorithm that can be analyzed and verified for fairness by the player, through the casino or the software provider. So, you know that when RNG is happening, it's really happening.
Aside from the most popular method of Bitcoin online casino play, you can use a bunch of other cryptocurrencies at our top casinos too. Some of them accept Ethereum, Litecoin, Dashcoin, Monero and even Dogecoin. The important thing to remember is that cryptocurrency is quite volatile, so if you do deposit, make sure you are content with the dollar amount it's been converted to.
Frequently Asked Questions
Yes! Online casino transactions are kept safe and secure. All the sites that we recommend have got the right protection and encryption to ensure your data is kept safe.
Some of the most recognized ones are debit and credit card deposits. There are a multitude of ways to deposit though, so whatever is easiest for you, is probably the best way for you to deposit.
The sites that we list and recommend have got zero deposit fees! You won't have to pay anything in order to deposit, apart from the money you plan to use.
The most popular methods of withdrawal at the online casinos that we list are free. You won't need to suffer any losses when you withdraw money. Bear in mind, some do have a maximum withdrawal limit.
It only matters to you. Most casino deposit and withdrawal methods are around for convenience to you, the user. Choose whichever one you are more comfortable with, but be aware of the processing times and the maximum deposit and withdrawal limits.