Gambling is a cool way to have fun and get some bright emotions. You can especially need it when going through hard times and needing some emotional support. It is understandable until you play responsibly and use casinos only as a way to relax. But what to do if financial complications don’t let you play casino games? Or you simply forgot to top up your debit card and only have cash?
Luckily, you can find casino sites at NonGamStopBetting.org that allow credit cards as a payment method. You can deposit money using this card and return money a little later. The question is how to choose the best credit card option. See what factors to focus on.
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Is It Safe to Gamble with a Credit Card?
First of all, there are several things you should understand. And the first one is responsible gambling.
Before borrowing money to play in a casino, ask yourself a question. Is it indeed a good idea for your current financial condition? Why do you do that? Do you really want to have fun, or are you trying to earn some money? In 2022, the average credit card debt per US citizen was $5,474. Be sure that all of them plan to return it quickly. Remember that gambling is only a way to enjoy and have fun. Don’t treat it as a way to become rich. And, of course, don’t expect to return your loan with casino wins.
But what about the security of credit cards? In this aspect, stay calm. All licensed casinos protect your payments and make sure all data is encrypted. Thus, your transactions are safe. No matter if you pay with a debit or credit card, crypto, or e-wallet, an online casino will protect your transfers.
Choosing a Card to Make Deposits: Factors to Consider
So, you decided to use a credit card for gambling. If you are alright with this decision, consider what aspects show that a credit card is reliable. Also, learn to make the best out of its perks.
Credit Rate
Sure, the first thing to pay attention to is the loan interest. There is some general understanding of the interest:
- below 10% – good (an extremely rare)
- 10%-15% – fair
- above 15% – bad
And still, a lot of credit card providers offer an average rate of 20-22%. It is advised to search for credit cards in national banks and don’t trust unlicensed providers.
Bonus Systems
69% of all credit card owners use bonuses and reward systems offered by a credit card. And it has a logical explanation. Credit cards indeed offer a lot of perks. Sometimes, using them is even more beneficial than paying with a debit account. There are no specific bonuses for casino players, but you may receive some other perks:
- cashback on online resources and offline shops
- travel and booking rewards
- interest decline
- points for spending
Always check the bonus program before applying for a card.
Credit Score Requirements
Higher credit score means better conditions for borrowers. Check which features are available for your current credit rate and history. Also, it is an easy way to detect scams. If your credit rate is extremely low but the company offers you amazing or unrealistic conditions, it is fraud.
Casino Bonuses for Credit Card Owners
It is more about casinos than credit cards, but you should consider this aspect. Some online casinos don’t give bonuses to players who pay with a credit card. Alternatively, a bonus percentage may be lower. For example, the Welcome bonus for debit card owners is 100%. However, if you pay with a credit card, the payment is declined to 75-50%. Check if your casinos have such particularities.
Payment Network Restrictions
Some operators like Visa and Mastercard may have gambling restrictions, especially for self-excluded players. For example, you may be forbidden to pay in online casinos using loans. While choosing a card, check where you can pay with it. Cater to networks with no limitations.
How to Withdraw Money from Your Credits
The logical question appears. Can you withdraw winnings using a credit card as well? Practically, you can. Credit cards are as bank cards, and you can pay and receive money with them. But the thing is, will you keep this money? What if you don’t want to return the loan at this very moment? In this case, consider alternative withdrawal options. It is okay and all casinos allow you to deposit and withdraw using two different methods. Try the following variants:
- Crypto. Crypto wallets are secure and confidential technology. After receiving money in crypto, you can transfer it to your debit card or cash out.
- E-wallets. These methods are usually the fastest and offer better security than debit cards.
- Debit card. If you already have one, it is the easiest option. However, take note that transfers with this method usually take longer.
Be attentive. You still have to return your loan and do it on time! Also, you should know a little secret about all online casinos. Users say that if you withdraw money using the same method that was used for a deposit, the processing is much faster. In such a case, cashing out using your credit card is not a bad idea.