Online Casino Debit Card Withdrawal

Making a withdrawal takes a lot of time at most of the online casinos. In fact, you may even wait for weeks if you don’t pick a fast payout casino and the right payment method. There are lots of reasons for this: The withdrawal policy of the casino, the process of identity verification, problems within the banking system. The main point of playing games in online casinos is to have fun and win real money. However, that money still needs to reach your pockets, and that’s where casino withdrawals or payouts come in. If you want to get paid, you have to transfer your winnings from the casino.

Credit cards are a very convenient way to make payments both online and otherwise. They reduce the amount of cash you have to carry and are much safer. As far as online payments are concerned, they are the most efficient and definitely one of the safest ways to pay as the security is almost unbreakable thanks to CVV codes and authorization.

Credit cards, especially Visa and MasterCard are among the most popular payment methods for online casinos, for both withdrawals and deposits.

Almost all the online casinos offer a credit card as a payment option. Among the many, Visa is the most popular with MasterCard coming second. Hardly any casinos offer AMEX or Discover payment options.

Both Visa and MasterCard are reputed to be the safest way to make deposits at casinos. When you register at a virtual casino, you will have to choose the type of credit card you want and then provide the details such as credit card number and CVV code.

After this, you will have to make an authorization, either through email or a unique code from a mobile phone. Once this is all done, you can make deposits to your casino as you please and they will be charged as any payment. Visa has a nominal service charge of 2-3% for deposits and MasterCard charges around the same.

When you wish to withdraw from a casino through the credit card, which will be the most likely option as online casinos only offer the same payment option for deposits and withdrawals, the money from your casino account is transferred to the bank account linked to your credit card. In some cases, if you have a credit card from an online payment system such as the PayPal credit card, your amount can be credited to your online account.

Pros of Using Credit Cards for Casino Withdrawals

Credit cards are the most common deposit option at the majority of virtual casinos. Since it is often used as a withdrawal solution, too, you can enjoy the convenience of utilizing your credit card for all of your casino transactions.

In addition to the benefit of using your credit card for both your casino deposits and withdrawals, you will have to provide your card’s details only the first time you utilize it for your deposits. This means that you will be able to request a cash out in no time, as the virtual casino will have your details automatically saved.

Another advantage of using this payment method for your withdrawals is the fact that it is extremely safe. There are several reasons why credit cards are such a popular payment method and the high level of security they provide is definitely one of them. Every time you withdraw your gaming funds via your credit card you can be sure that the transaction is protected with the latest encryption technology.

You will find out that you will have an easy time managing your funds via your credit card as the process is extremely easy to utilize and it takes no time to initiate a cashout.

Since credit cards are among the most popular payment methods in online casinos, it is fairly easy to find a virtual casino which will allow you to cash out your winnings via this option. What is more, interactive players can find numerous web-based casinos that accept credit cards issued by different companies. This is a big advantage as it can help as many players as possible to manage their gaming funds in a fast and easy way.

The speed of transactions is also a positive side of cashing out your casino winnings via credit cards. Compared to some alternative withdrawal methods, it usually takes, at most 3 business days to receive your casino funds.

Cons of Using Credit Cards for Casino Withdrawals

As with any other payment solution, credit cards do have their weak points. It depends on your needs and preferences whether this withdrawal solution is suitable for you.

As it was mentioned earlier, there are plenty of online casinos that accept credit cards as payment options. This being said, you might be restricted to utilizing only a certain brand when it comes to virtual casinos. The most commonly accepted credit cards are those issued by VISA. Since the company is one of the biggest card issuers, you can easily find a virtual casino that will allow you to use your ViSA card for your payments.

MasterCard is the second brand that can often be seen as an accepted payment method at online casinos. However, although it is an extremely popular card issuer, there are some gaming websites that only accept deposits and withdrawals via VISA.

American Express users will probably have the hardest time to find a virtual casino that will accept Amex cards as a payment solution.

Another rather big disadvantage of using credit cards for your online gaming is the fact that many virtual casinos do not allow players to utilize their credit cards for withdrawals. This means that after making a successful deposit and playing for a while, interactive players will have to look for alternative methods to cash out their winnings. This is why it is recommended that you check your payment options before signing up at a web-based casino.

Whenever casino patrons use credit cards for their withdrawals they are often charged additional taxes. They often depend on the banking institution of the players, but it can definitely be more cost-effective if you opt for another withdrawal option.

Although credit cards do not offer the longest transaction process time, there are methods that can help you get your casino winnings in less than 48 hours. If you cannot wait to receive your gaming funds, you might opt for another cashout option.

Last but not least, many virtual players avoid using credit cards for their payment at online casinos. The reason for that is that they are asked to provide their card details whenever they initiate a deposit or a withdrawal. Sharing such important information can sometimes be risky and lead to someone taking advantage of the sensitive data you share.

Credit Card Taxes and Withdrawal Time

There are some virtual casinos which will not charge players any additional fee for using credit cards for their withdrawals. This is definitely a great perk that casino patrons can enjoy. However, this is not always the case as some online casinos will charge you a certain percent of the amount you are withdrawing. This is why it is advised you check whether using a credit card will cost you any extra charges while playing online.

In addition to the additional charge that some virtual casinos impose, credit card companies often exact their own fees that apply to the withdrawals from gambling websites. You also have to pay monthly and annual fees which can be quite bothersome.

If you opt for cashing out your casino winnings via a credit card, you usually have to wait between 1 and 3 business days to receive your money. Although this is not the slowest transaction time that you may encounter, there are definitely methods which will allow you to get your winnings in less than 24 hours.

Conclusion

This banking option definitely has plenty of advantages when it comes to fast, secure and easy management of your gaming budget. Almost every casino offers credit cards as payment methods and these are by far the most convenient.

If you are a VISA or MasterCard user, you can be sure that you will be able to find plenty of online casinos that will allow you to make deposits and withdrawals via your credit cards. However, not all credit cards can be used to make withdrawals so it is best to check with your bank first. At the end of the day, it is up to you to chose whether this payment solution will be the best one for you.

Since April 15 2020, it’s no longer possible for UK players to make deposits with credit cards.

Using your VISA debit card for online casinos is going to be the norm in the UK. After all, you are no longer allowed to use your credit card in depositing funds to your casino account. That means UK players will be forced to use other casino payment methods to fund their accounts.

If you want to stick to using your VISA card, you can opt to use debit cards instead. After all, VISA is a trusted organization. It all started back in 1958 through the BankAmericard Service Corporation. Over time, the VISA payment system was developed. On July 26, 1976, the first monetary transaction solidified the existence of the name and logo of VISA.

The simplicity of the name VISA held an appeal and made things easier to use it across different countries and nationalities. That makes it a perfect payment method for online casinos. And evidence of that is the widespread use of VISA payment to make a casino deposit or withdrawal in the UK

If you want to use your debit card to make VISA deposits and withdrawals, it’s best to learn more about it.

Recommended casinos that accept VISA

About VISA Debit Card

From the moment the company started, VISA is determined to provide the best global payments technology. That includes making it easy for UK players to use it on VISA online casino sites.

If you think that you can only use your VISA debit card to play real money in gambling sites, think again. You can use it to make your first deposit in your preferred mobile casino. Your smartphone or tablet can be used to make both deposits or withdrawals. The process will be the same as the desktop version. Even the processing and waiting period are the same.

Live casinos also use VISA as a payment option. We all know that live online casinos require only high-quality for all transactions. The fact that VISA is a trusted payment option speaks volumes that they can be trusted.

Why use VISA debit cards for online casino transactions

The big question is, why should you use VISA debit cards in particular when playing online casino games? Of course, you cannot use VISA credit cards because it’s no longer allowed in the UK. But why not just use other debit cards or e-wallet accounts?

Here are the reasons why it’s a good idea to use your VISA debit card to fund your online gambling activities.

It’s very convenient

The company made sure that your VISA debit card can easily be linked to your bank account. They are connected with various financial institutions across the globe. You can conveniently use it as one of the banking methods for making online payments in your favourite casino. You don’t even have to create a new account. You just have to provide an existing account and card details.

It can be used for deposits and withdrawals

Some payment methods only allow you to deposit into your online casino account. But this is not a problem for VISA. You can also use your VISA debit card to make both deposits and withdrawals. This means you don’t have to switch before you can cashout. You can use the same payment method. It will make the process easier for you.

It’s very secure

Although the debit card is linked to your bank account, it can still protect your money in the same way that VISA credit cards can. Security technologies like Verified by Visa and Chip and PIN will make sure only you can use your money. The VISA Chip technology, in particular, will make it hard to replicate in counterfeit cards.

You don’t have to worry about someone else taking advantage of your finances even if it’s linked to your personal account.

That is the guarantee that you can depend on if you use any VISA card. Even if you make a wrong deposit or something went wrong with a transaction, it’s not hard to get a refund.

It’s fast and easy to process

Due to its popularity, VISA has to step up to ensure that every transaction is fast and easy to process. This is especially true for VISA casino sites. They have to make sure the process is simple and clear – especially for VISA withdrawals.

It’s not limiting

Online Casino Debit Card Withdrawal Fee

If you want to make a huge deposit amount, there’s nothing stopping you. At least, as long as your bank account has the money to fund it. This will help you maximize any welcome bonus, free spins, or other deposit bonus offers of the online casino. Just make sure to check the deposit limits of the online casino so you can comply.

Online Casino Debit Card Withdrawal Bonus

It’s easier to be a responsible gamer

Your debit card will only allow you to transfer an amount that is already in it. If you no longer have funds in your account, you cannot make more transfers into your online casino account. This means it will be easier for you to control how much you will use to play your favourite casino games.

It offers cashback

VISA also offers cashback as part of their reward. While this will not return what you lost while wagering your money in online casinos, it will minimize your losses. Just make sure you understand the current terms and conditions about their cashback rewards.

How to use debit cards to play online casino games

With what you know about VISA debit cards, the next thing you have to learn is how you can use it.

But before you do that, make sure that you are completely aware of the security of the online casino. If it’s a VISA casino, that is already a good sign that the online casino is legitimate. But still, you have to make sure that you conduct proper due diligence especially if it’s a new casino.

Unless you are sure, don’t provide your VISA card details. But you can be certain that the casino is trustworthy, then you can feel at ease in providing your information to the best VISA casinos of your preference.

Create an account

Before you can register your VISA debit card with an online casino, you need to have an account there first. Make sure the information you will provide matches the details that you have in your VISA card. That includes your name and billing address. It should be the same. Otherwise, you might not be able to link it to your VISA card.

Before you can add your VISA card details, you need to complete the registration process. Once you have verified it, you can start providing the details of your chosen payment method. You have to go to the Cashier page or your Account page to provide all the needed information.

Among the details you need to provide includes your name, card number (16 digits), and the expiration date of the card. You also have to provide the CVV2. This is also your security code. So make sure the online casino is really trustworthy.

Once you have registered your VISA card, it should be easier to do bank transactions.

Making a deposit

To make a deposit, you just have to log into your online casino account. The specific process will depend on the online casino. But usually, it involves going to your Account page. If not, they have a button that will send you to the Cashier/Wallet/Deposit page.

Choose the VISA debit card option to make a deposit. You will be asked to provide information and verify your identity. You may be required to provide a password that will ensure that the transaction is done by an authorized player – which is just you.

Cash App Debit Card Withdrawal

Just follow the instructions and make sure your deposit amount can be funded by your bank account. VISA will not ask for fees but your bank might require fees. So you need to check with your bank’s representative.

Online Debit Card Number

Once the transaction is confirmed, the amount should reflect in your online casino account immediately. If not, you might want to check with the customer support for help.

Making a withdrawal

Withdrawing your winnings through your VISA debit card is also possible. The procedure to start is basically the same. You have to log into your account and then go to your Account page. Or you can look for the Cashier or Withdrawal button.

To start the withdrawal process, you need to choose your VISA debit card as your payment method. You will then provide the necessary information and go through a verification process to ensure that you are who you say you are. Most online casinos will require additional verification if you are trying to withdraw a big amount.

Once you have completed the request, you can submit it and wait for the online casino to finish processing it. If you have met any wagering requirements or adhered to the terms and conditions, there should not be any problem.

After the online casino approves the cashout request, VISA will process it. This can take an average of 3 to 7 days before you can access the funds in your bank account.