MasterCard is a credit card that allows players to make purchases at online shops that accept it as a possible payment method. Additionally, holders of this excellent credit card also can use it for making deposits at reputable online gaming sites as well as for cashing out casino winnings.
Using MasterCard at online gaming sites is very simple and the processes of depositing and cashing out take only several seconds. In addition, players need not worry about safety or security, since MasterCard transactions are perfectly safe too.
If you are considering topping up your casino account via MasterCard or requesting a MasterCard withdrawal, we suggest you to read our MasterCard casino guide and learn all you have to know about banking limits, processing time and transaction fees at these sites.
Money Transfer with MasterCard
MasterCard is a credit card that can be used for both making deposits and requesting withdrawals at online casinos. There are three main points of interest when it comes to making money transfer via this casino banking method.
Processing and Completion Time
Processing time is the time a casino operator needs in order to process deposit and withdrawal requests, whereas completion time is the total amount of time players have to wait before they have their funds transferred.
MasterCard deposits in 90% of the casinos are processed right away and players have their money instantly added into their casino account.
Withdrawals, on the other hand, usually take up to 3-5 days in order to complete. The reason for this is the cashout processing time at some casinos that lasts 1-3 business days. In addition, sometimes the card issuer also needs a day or two to process the withdrawal.
Service fees are charges that players have to pay to the casino for using a particular payment method. MasterCard deposits usually are free of charge; nevertheless, certain casinos might include some service fees of 2-3%.
In comparison, MasterCard casinos do have a tendency to charge fees on withdrawals via this credit card. Therefore, players at some sites will find a fixed fee of £2-3. However, casinos such as Bet365 Casino offer this service for free.
It has to be pointed out that sometimes the bank that has issued the MasterCard card may impose some fees to the holder who makes money transfer to and from casino accounts.
Banking limits are the amount of funds a player is allowed to deposit or withdraw at a particular casino site. MasterCard casinos have different banking limits one from another and therefore all players have to pay close attention to these numbers.
At most MasterCard casinos the minimum deposit amount is between £5 and £10, whereas the maximum deposit amount, depending on the type of the limit, can go between £2,500 and £20,000.
Withdrawals via MasterCard at online casino sites that accept this method usually cannot be smaller than £10. When it comes to maximum cashout amount, players can find casinos that offer unlimited cashouts as well as sites that have e weekly withdrawal limit of £2,500.
Licensing and Regulation at MasterCard Casinos
All reputable and well established casinos hold gambling licences and various certificates. The reason for this is simple – in order to obtain these approvals online casinos have to meet certain requirements that make them safe, responsible and reliable for their customers.
When it comes to gambling licences, online casinos that accept MasterCard hold the finest. Many of these sites are licensed by the UK Gambling Commission and that allows them to service UK players. Two other reputable licences that are commonly held by MasterCard casinos are the ones by Malta and Gibraltar.
Finally, these sites often boast with certificates by independent auditors that make sure the games are fair as well as the casino is safe. Such certificates include the ones by eCOGRA, iTech Labs, McAfee, Thawte and etc.
Those who want to receive a professional and friendly customer support 24 hours a day, every day of the week should join a MasterCard casino. These sites offer impeccable support to their customers via popular contact options including live chat, phone, Skype, e-mail and post.
The Best MasterCard Casinos
Knowing the best MasterCard online casinos can save you lots of troubles searching for a safe and reliable online casino operator. Therefore, we have made a list of the best gaming sites where players can make deposits and withdrawals using MasterCard.
It goes without saying that these five sites meet high security standards, offer excellent casino bonuses and feature a vast number of games.