When it comes to payments that work both ways (for deposits and withdrawals), are swift, secure, and budget-friendly, there really are not that many competitors to MasterCard. This casino banking method has been with the online gambling industry from day one. If we’re talking about the overall experience of this service around the world then, well, we’re looking at decades of experience, thousands of merchants, and millions of users.
MasterCard has many benefits when compared to payment methods like e-wallets and prepaid cards. For starters, almost everyone most probably already has this type of a plastic card tied to a bank account. So, no need to familiarize oneself with the latest online wallets and registering additional accounts. You can just proceed to play. Plus, MasterCard comes with all the layers of bank security that the card is known for.
Naturally, like with any payment method, when it comes to online gambling, this one also has its setbacks. We will be talking about why players from the United Kingdom wont be able to use it and the alternatives. Also, we will be looking at the exceptions when the USA-based gamblers can pay by MasterCard. Also, we are covering fees, limits, cashout speed, and provide a step-by-step guide to depositing and cashing out wins.
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Our database has more than 300 websites allowing financial transactions via MasterCard. Many of these brands are international, and some are targeted. To select the one where you’d have an assortment of convenient currencies, bonuses, and language adaptations, adjust the Country and Payment Method search filters to your needs.
Players from the USA who are currently in New Jersey can select between Golden Nugget and 888 Casino US. Both are legit and in-country certified places to bet and win. Both have years of experience, unlimited monthly cashouts, low risks of non-payment, and great software. The list of providers includes Net Entertainment, Amaya, Quickspin, IGT, and Williams Interactive, to mention a few.
Our Europe-based readers have more options. For instance, there is Videoslots, a website with a decade of experience and licenses from the Malta Gaming Authority, the United Kingdom Gambling Commission, and several other vital jurisdictions. It has more than 3,000 great games from over 40 premium software developers in its instant lobby.
Moving on with the list of decorated online operators, there is also the award-winning Leo Vegas. It exists online since 2012 and has high ratings online. The platform is compatile with multiple currencies.
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Launched back in the 1960s, MasterCard was initially a union of the four Californian banks looking to win their share of the market. The service grew to accept thousands of banks around the world, supporting multiple currencies except for any type of digital cash. The headquarters of the MasterCard corporation is in New York.
Despite many thinking that MasterCard is a standalone banking institution, it is rather an intermediary authorized to process payments between your bank and the bank of the merchant. In addition to the MasterCard credit card, the corporation provides plenty of additional services, including its signature debit cards: MasterMoney and Maestro. Both are tied to a bank account and will be able to process online payments with some additional authorization and verification involved.
MasterCard is the most common payment method you will find in any certified online casinos, and understandably so. The product works both ways, allowing players to instantly deposit, as well as to withdraw the wins. For the latter, you will need to allow between one to three workdays for the team of the casino and the bank to process the cashout.
Normally, deposits are free of charge (at least the casino does not charge any fees for depositing), and start from the minimum of 10 EUR/USD/equivalent. For cashouts, up to 1.5% in additional service fees may apply.
To be able to use MasterCard for online gambling, you will need to have an account with any of the partnering banks, as well as the card itself. You will also need to be ready to provide all the information about the card online while paying. Luckily, many banks now offer virtual cards as an additional option and free of charge products to the physical card. They have separate sets of 16-digit numbers and CVVs, and you can top them up with as much as you’d like without worrying that information about the original card may leak in case something goes wrong.
Despite MasterCard’s global access, there are certain countries that will not be able to use it for online gambling. As of 2020, the United Kingdom is among such countries due to GBGC’s decision to halt credit cards for gambling.
Another major market with limited access to MasterCard gambling is the United States of America. Due to the UIGEA of 2006, banks are authorized to closely monitor and cease payments to offshore online operators. Luckily, there are also quite a few great in-country websites we can recommend.
MasterCard
Credit Card
1966
1859
790
http://www.mastercard.com/
Ukraine, United States, Russia, Costa Rica, Gibraltar, Afghanistan, American Samoa Show All
0.00%
0.00%
N/A
N/A
0.00%
Bank fees only
1.00
Unlimited
Bank limits only
0
MasterCard does not prevent players from qualifying for promotions, and each of the websites listed here has an array of great offers. The only restriction you may face will be based on your country of residence. This is why we always say that it is best to check the T&C and consult with the help desk representatives prior to registering.
Newbies at Golden Nugget can qualify for a 100% cash match up to 1,000 USD under certain T&C. Players from the USA registering at 888 Casino US can also check out their free registration bonus up to 10 USD, as well as the classic welcome. It is a 50% cash match on each of the two initial deposits. The rollover requirements are 30xB. The platform also supports plenty of ongoing deals.
Those who open accounts with Videoslots can claim a no-deposit deal as well as a 100% cash match on the initial deposit tailored for several different countries. At Leo Vegas, the starter package is a 100% cash match plus 20 wager free spins. There is also a chance to claim a no-deposit deal. T&C apply. Slot machines contribute up to 100% to the rollover requirements.
MasterCard cards come with all the layers of protection from the banks, including SSL encryptions. That being said, many still feel uncomfortable when sharing their personal and sensitive card information online. We may suggest that you check with your bank for a chance to get a free virtual add-on to your physical card, a virtual card that will have its own 16-digit number and a PIN different from the main card and that you can load to as much as you want.
By providing these steps, we assume that you already have a MasterCard with any of your local banks. Select an online operator friendly to this payment method, and register an account. From the account:
Make sure the bank supports this cashout method and that you have enough funds to request a withdrawal. In most online operators, these start from 10/20 EUR/USD/equivalent. However, in some cases, the casino will want you to have at least 100 EUR/USD/equivalent in the account. Request the withdrawal and, if needed, provide KYC documents. Allow up to five workdays for the website and your bank to process the transaction.
Usually, online operators don’t charge any service fees at deposits and may apply a fee between 1.5% to 2.5% at cashouts. Check with your gambling venue for the exact numbers.
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