Online Casino Payment Methods : Mastercard
If you want to learn more about using Mastercard for your next online casino payment, then you’re in the right place. Here we’ll explain how to go about depositing funds with Mastercard, the pros and cons of using your Mastercard for gambling against other payment methods, as well as help you find the best online casino for Mastercard payments.
What is Mastercard?
Mastercard is a globally accepted brand of debit, credit and prepaid card. Still, since the credit card ban was introduced in April 2020, Mastercard casinos operating in the United Kingdom will only accept debit or prepaid cards.
Mastercard has been around since 1966, although it was first known as Interbank and then Master Charge. Its popularity means that you’ll find the vast majority of online casinos accept Mastercard as one of their payment options. The Mastercard debit card allows you to transfer funds directly from your bank account and the prepaid card will transfer any available cash that you have funded it with.
Some casinos will also let you withdraw your winnings via Mastercard. Payments are fast, convenient, and secure. New customers can pick from some fantastic welcome bonuses when funding their players account in this way, including a first deposit bonus or free spins on your favourite slots.
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Why use Mastercard to deposit at online casino sites?
If you visit a casino as a new customer, you’ll notice you usually have several casino payment options. Mastercard is preferred by many customers due to almost instant payments, meaning you can collect your deposit bonus and free spins and start wagering straight away. With some other payment options, you may be waiting for days for your funds to appear.
Many casinos also offer the option to withdraw winnings via Mastercard too, which adds convenience. Plus, Mastercard transactions are secure, and you’re protected by a zero-liability policy, meaning you can claim back money that has been fraudulently spent on your card.
Mastercard average withdrawal limit and payout time
Mastercard themselves don’t have any withdrawal limits. Still, your casino probably does, so it’s essential to check the full terms and conditions to see what limitation applies whenever you sign up to a new casino. If you play at one of our recommended sites, you’ll find an average withdrawal limit of $10 to $30 min and $5,000 to $15,000 max (per week).
Payout times will also vary depending on your casino and your bank’s processing times. Casino’s take an average of 1-3 days to release your winnings, and in most cases, the funds will appear in your bank account in a further 2-4 business days.
How do I pay at online casinos using Mastercard?
Once you’ve read through our casino reviews and picked an online casino to play at, funding your account with Mastercard is easy. Log in to your casino account online and find the payments section of the site. Click on Mastercard as your preferred option and enter the amount you wish to transfer.
Remember, the more money you transfer, the bigger the free deposit bonus will be, giving you more chances to win real money jackpots. After you’ve chosen your amount, enter your card details and click submit. Your money should appear in your players account within minutes.
Are there any fees attached to Mastercard at online casino sites?
Most casinos won’t charge you for using Mastercard to fund your player account; in fact, some will even reward you for it! So if you have a casino trying to charge you for using your Mastercard, you’re better off looking elsewhere as we have plenty of casinos recommended here that will offer generous bonuses for using your Mastercard.
However, you should be aware that there may be international fees if you’re gambling at an offshore casino site (which we do not recommend). For this reason, US players are better off playing at US-based casinos like those found on CasinoRange.
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Mastercard is considered to be an extremely safe way to make payments online, but you should still read our casino reviews before you visit a casino to ensure they’re fully licensed and regulated.
Mastercard encrypts all of your personal data, and an extra layer of security is added by also using a SecureCode system, in which you’re sent a one-time passcode via SMS to confirm online payments.
Mastercard is also known for offering some of the best protection against fraud through a zero-liability policy, meaning that you won’t be held responsible for any unauthorised use of the card. They have an advanced security system that monitors for suspicious activity and eliminates it from your account.
Mobile casinos using Mastercard
If you think you’d like all your favourite casino games on your mobile, then check out these top mobile-friendly casinos that offer their customers great functionality and playability on mobile devices.
Recap of the advantages and disadvantages of Mastercard
- ✔ SecureCode offers an extra layer of security
- ✔ Excellent protection from fraud via zero-liability cover
- ✔ No fees involved unless you’re playing offshore
- ✔ Instant payments
- ✔ Some casinos also let you make withdrawals with Mastercard
- ❌ Not all casinos will let you make withdrawals with your Mastercard
- ❌ Some players aren’t comfortable with sharing card details linked to their bank
- ❌ Prepaid Mastercards will usually have fees for using them
Welcome bonus available using Mastercard
Most casinos will offer you an attractive welcome bonus to start gambling at their site. Check out some of the best bonuses available from the US casinos here.
What is Mastercard?
Mastercard is a well-established and popular brand of credit, debit, and prepaid card that can be used to make online casino payments. Mastercard credit cards cannot be used in UK casinos, but you can still use your debit card to transfer funds directly from your account or fund a reloadable card if you prefer anonymity.
When was Mastercard created?
Mastercard was launched in December 1966 as Interbank, and then from 1969 to 1979, it was known as Master Charge. Officially it’s only been known as Mastercard since 1979.
How to use Mastercard to deposit?
To make a deposit using PayPal you will need to head over to the cashier section of the online casino website. When there, find the deposit section and select PayPal as your deposit method. Enter the amount you would like to put into your account and verify the payment by logging into your PayPal account. Your funds will be available immediately.
Is Mastercard secure?
Many players don’t feel comfortable giving out card details that are connected with their banks like a debit card is. Still, Mastercard offers a zero liability policy which protects you from fraud. This means you won’t be held responsible for any unauthorised payments.
Are there any fees when using Mastercard?
None of the top casinos will charge you for using your Mastercard to make payments, although if you’re playing at an offshore casino, then there may be international transfer fees from your banking provider.
What is the payout time using Mastercard?
If you find a casino that lets you make withdrawals with your Mastercard, then once the casino has processed your payment, you should receive your funds within an additional two to five business days, depending on your bank.