Credit cards are accepted at essentially every online store or service. Because there are so many credit card casinos, finding the quality ones can be tough. We have a list where you can choose the best online casinos that offer credit card options.
We also look at how to use credit cards at casinos and the advantages and disadvantages. Also featuring in this guide is a step-by-step plan on how to deposit using a credit card. Therefore keep reading and learn all there is to know about online gambling for real money with your credit card.
Pros and Cons of Credit Card Payments
Credit cards are the most commonly used form of payment online. Almost every form of credit card is accepted as a payment method at any online retailer. Mastercard and VISA are the two most popular cards, which also come as debit cards. However, people should know the pros and cons of using a credit card.
- Its widespread use throughout the online world
- High-security measures used
- Deposits and withdrawals are possible
- Payments are quick
- Using a credit card can result in debt
- Some credit cards charge monthly or annual fees
- Interest rates and fees, more info here
In terms of depositing at credit card casinos, the advantages outweigh the disadvantages.
Using a credit card is easy, and you don’t have to worry about your favourite casino accepting credit cards as a method of payment. Security is at the forefront, and payment is quick, which is why it’s a preferred option for many New Zealand players.
However, the cons are visible, and they can mount up. When playing at credit card casinos make sure to not overspend and check what the fees are for using your card; they can mount up, and online gambling isn’t nearly as fun when that happens.
Online Gambling with Credit Card
New Zealanders can deposit and withdraw at most online casinos available to Kiwi players. In New Zealand, VISA and Mastercard are the dominating cashless payment options, and their popularity is only rising.
Using a bank account to deposit to is a thing of the past, so using credit cards is the easier and more affordable option. Those who appreciate the full world of iGaming know how important credit cards are as online gambling banking options.
Depositing and withdrawing is easy, but you need a credit card first. It’s best to find the right credit card for you, as they’re not all the same. Some have different benefits depending on your credit limit, so choose the one that is best for your online gambling endeavours.
There are usually no extra fees when using your card to deposit at credit card casinos. Some even have special bonuses and deposit promotions if you use a credit card, so it’s well worth having. To know if a casino has a deposit bonus offer for card users, it pays to check their promotions page. They’re not always well advertised so you could be missing out. See our step-by-step guide further in this article for how to deposit using your credit.
VISA and Mastercard aren’t the only two credit card providers available. They are the most commonly accepted, but the likes of American Express and Diners Club can also be accepted.
You can play using a wide range of credit cards. American Express and Diners Club cards are on the rise in New Zealand, and they could be accepted payment methods at your favourite iGaming operators. If you ever have any questions about what cards are accepted, contact the customer support team.
Depositing is a crucial aspect of enjoying your gambling experience, and they like to ensure you’re taken care of. A credit card casino will try its best to cater for all card users, so if you have a card that isn’t listed under the list of the accepted payment methods, give the customer support team a shout.
Instructions for Casino Credit Card Deposits
Firstly, if you’re trying to find a credit card casino that accepts VISA or Mastercard payments, you can easily find them in our toplist. We have featured all the best operators that accept credit card payments, so you don’t have to spend hours finding the right one.
To play the best wagering games, you firstly need a credit card. You can apply for a credit card at your bank, or you can apply online. Most credit card applications take around 10 minutes to complete, which includes putting in details of your credit history. Following the signup process, it takes around 2-3 days for your credit card to be delivered in the post.
Once you have your credit card, you then must link it to your gambling account. All you need to do is log into your account, go to the cashier area and then opt for the option of paying via credit card. You are then asked to put in your card details, including name, the card number, expiry date, CV number, and the provider.
The credit card can then be linked to your account, so you can deposit and withdraw with ease. To deposit using your card, you only need to select it a deposit method.
You’re then asked to put in the amount you want to deposit as well as the code to confirm the transaction. Once you have used your card once, depositing is a quicker process.
You only need a few clicks, and you’re good to play the best wagering games. If you want to use a different credit card, you will need to update your details and put in the new cards’ details.
You can have multiple cards on your account, but only one will be your preferred option, so select the card you want to use.
Considerations Before Using a Credit Card for Gambling
Please, consider the following factors before using a credit to gamble:
- Interest rates – If you go for a BNZ Low Rate Mastercard you will pay a 13.45% interest rate on the remaining balance and new purchase.
- Annual Fees – With our example you would pay $35 NZD annually.
- Cash advance fee – In addition to interest fees you will pay a cash advance fee. With our example card the cash advance fee would be 22.95% per annum.
- No grace period – Depending on your bank it is possible that you will start paying interest immediately after you gambling transaction.
- No rewards – Gambling purchases will often not be eligible for earning credit card rewards points.
- Foreign currencies – Always check in advance if the casino accepts transfers in NZD. Otherwise you can expect 2.25% foreign currency transaction fee.