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Online Casino Payment Methods
Explore the most popular payment methods available at online casinos, including credit cards, cryptocurrencies, and eWallets. We cover detailed information on minimum deposit requirements, processing times, and availability of payment options across online casinos. Plus, we’ll dive into the safety features each method offers, helping you choose not only the most convenient but also the most secure way to manage your funds online.
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Online Casino Deposit Options
Let’s break down some of the most popular banking methods that online casinos, sportsbooks, and poker rooms use. Please note that not all of the below deposit methods can be used for casino withdrawals.
Payment Options | Deposit Minimum | Processing Time | Recommended Online Casino |
---|---|---|---|
Visa | $20 | Instant | Las Atlantis |
MasterCard | $20 | Instant | El Royale |
American Express | $20 | Instant | DuckyLuck Casino |
Bitcoin | $10 | Up to 1 Hour | TrustDice |
Litecoin | $10 | Instant | TrustDice |
Ethereum | $20 | Instant | TrustDice |
Neteller | $10 | Instant | Dafabet |
PayPal* | $20 | Instant | Bovada |
Neosurf | $10 | Instant | 20Bet |
Wire Transfer | $50 | 1-3 Business Days | Wild Casino |
Interac | $10 | Instant | DuckyLuck Casino |
Skrill | $10 | Instant | Dafabet |
Venmo* | $20 | Instant | Bovada |
*Via MatchPay third-party service.
Visa
Visa is the most popular credit card in the world, making up 52.8% of all cards in circulation. This also extends to the gambling world, as the vast majority of online casinos accept Visa for deposits.
We recommend Las Atlantis as the best online casino for Visa gamblers. Players can instantly deposit between $30 and $1,000 into their accounts using their Visa cards, as well as withdraw up to $2500.
MasterCard
MasterCard is the second-most used credit card in the world. There are nearly 3 billion MasterCards used in over 210 countries and territories. MasterCard users are safeguarded with 24/7 identity theft protection.
Like Visa, MasterCard is accepted at nearly every online casino. El Royale is the best online casino for MasterCard gamblers, allowing deposits anywhere from $30 to $1,000, and withdrawals with MasterCard up to $2,500.
American Express
American Express is accepted by over 99% of merchants in the US. However, there are slightly fewer casinos that accept American Express compared to Visa and MasterCard. This is largely because American Express charges merchants a higher per-transaction fee than its primary competitors.
Super Slots is our top choice for Amex casinos. Super Slots accepts AMEX deposits as low as $25 and as high as $2500. These funds can be used on over 470 video slots and table games.
Cryptocurrency
Cryptocurrency is one of the most common casino deposit methods. Cryptocurrency is also one of the safest options; as payments are made through crypto wallet platforms, you don’t share any financial information with the casino you’re depositing at. Further, all cryptocurrency transactions are posted to the blockchain, so there is a public record of all transactions. Additionally, many casinos provide larger welcome bonuses for cryptocurrency deposits than other methods.
Bitcoin is still the most widely used crypto coin, featuring low minimum deposits, high deposit limits, and faster payouts than conventional methods. Ethereum operates similarly to Bitcoin, though uses different verification protocols. Litecoin is a third popular option, using the same protocols as Bitcoin but with a much lower transaction cost ($0.01 compared to Bitcoin’s $5).
TrustDice is the best online casino for crypto players, allowing deposits with Bitcoin, Ethereum, Litecoin, and more. Minimum deposits for crypto vary at TrustDice, but usually sit around $10. The platform also provides players with multiple ways to claim free cryptocurrency of their choice, such as a faucet feature which awards players with crypto every six hours.
Neteller
Neteller is a digital wallet platform enabling users to send and receive funds in over 22 international currencies and more than 40 cryptocurrencies. The company was founded in 1999, and by the year 2000 95% of the company’s revenue was generated by online gambling transactions.
Dafabet is our top online casino that accepts Neteller payments, allowing players to deposit between $15 and $50,000. The platform offers a wide range of games including casino, live dealer, and lottery games; and all of Dafabet’s games are fully optimized for mobile use as well.
PayPal
PayPal was one of the internet’s first widely-used payment platforms. Players can deposit at select online casinos with their PayPal account through an integration with the MatchPay peer-to-peer trading platform, which allows them to exchange funds for casino credit.
We recommend Bovada for PayPal users. Players can start wagering on over 450 available titles, including video slots and live dealer games, for just $20. Unlike other payment methods at Bovada, depositing via PayPal through Matchpay has no associated fees.
Neosurf
The Neosurf payment platform enables users to buy vouchers for online purchases at physical locations such as gas stations and convenience stores. Neosurf vouchers contain unique codes that participating merchants can redeem without the buyer needing to disclose their personal financial information, which make them an excellent option for security-minded casino players.
20Bet is the best Neosurf casino, with a deposit of just $2 needed to start playing. Players can deposit a maximum of $4000. However, since Neosurf uses pre-paid vouchers, it cannot be used as a withdrawal option.
Wire Transfer
Wire transfer deposits are available at online casinos for players who prefer not to use credit cards, cryptocurrency, or eWallets. It is a good method for those wishing to deposit large sums of money, since some online casinos support wire transfers of up to $10,000. However, wire transfer transactions typically take 3-5 days to process, much longer than other online casino payment methods.
Wild Casino is the best option for casinos accepting wire transfer They allow wire transfer deposits between $500 and $10,000, and withdrawals between $500 and $25,000.
Comparing Online Casino Payment Methods
With so many banking methods to choose from, it can be hard to identify the right one for your needs. We’ve identified some of the advantages for the top payment methods so you can easily choose one that works for you.
Most Available at Online Casinos: Cryptocurrencies
Cryptocurrencies are some of the most widely accepted payment methods at online casinos. The most popular coins are Bitcoin, Litecoin, and Ethereum.
Cryptocurrencies are one of the safest payment options available for several reasons. All transactions are posted to the blockchain, so every transaction can be publicly viewed and scrutinized. Further, you can deposit without sharing any of your financial information, as the transaction is facilitated by your crypto wallet platform, a third-party company.
There are also an increasing number of casinos that only accept cryptocurrency. Some casinos, such as TrustDice, provide players with the option to buy crypto directly at the casino through integrations with services like MoonPay and Paxful. Others, like Thunderpick, require that you already have cryptocurrency.
Lowest Minimum Deposit Amount: Neosurf
For more conservative players who may want to just deposit a little at a time, Neosurf is the best payment method. Neosurf deposits at BetWhale begin at only $10, for example, allowing players to partake in their favorite online casino games at a low upfront cost. The majority of Neosurf transactions are processed instantly. These low deposit amounts make Neosurf the ideal payment method for users to play their favorite casino games and to try new ones.
Fastest Deposit Processing Time: Credit Card
Credit cards are the most widely-accepted payment methods at online casinos. Visa, MasterCard, Discover, and American Express are among the most popular. While many payment methods boast near-instant processing times, credit cards are the fastest because of the speed of their payment processors and card networks. Credit card deposits are processed instantly, whereas cryptocurrency may take up to 15 minutes based on network activity and the network’s hashrate.
While they are the fastest option, some online casinos will charge you processing fees for using a card. For example, Bovada charges 15.9% for credit card deposits.
Payment Method | Types Available | Availability at Casinos | Lowest Minimum Deposit | Processing Time |
---|---|---|---|---|
Cryptocurrency | Bitcoin, Litecoin, Ethereum | High | $10 | Up to 15 Minutes |
Neosurf | N/A | Low | $10 | Instant |
Credit Cards | Visa, MasterCard, American Express, Discover | High | $20 | Instant |
Making Deposits at Online Casinos
Once you’ve decided on which banking method you’d like to use, follow these steps to get started at an online casino.
It’s a good idea to research the many online casino options available to you before depositing any money. Look for casinos that have appealing gaming choices, lucrative bonus offers, and strong security features. You’ll also want to make sure the casino has your preferred payment methods available, and that the casino has accessible customer support as well.
Our skilled reviewers have conducted tests on many of the industry’s top online gambling sites. You can learn more about our process on our reviews page.
Once you’ve selected an online casino, look for the “sign up” or “create account” buttons on the homepage. Enter your personal details, payment information, and follow the casino’s identity verification instructions. Identity verification requirements help keep cheaters and scammers out, whether the site is a regulated or offshore casino.
Don’t deposit any money until you’ve carefully researched your chosen casino’s welcome bonus offers. Many online casinos welcome new players by matching their first deposit (or deposits), giving away free spins, and other perks. Be sure to carefully read the bonus offer’s terms and conditions, as there are specific conditions, such as playthrough requirements, that must be met for rewards to be claimed.
After you’ve chosen an online casino, created an account, and selected a welcome bonus, the next step is to deposit money into your account. Online casinos accept a wide range of payment options including credit cards, cryptocurrency, and bank transfers. Confirm that your funds were successfully added to your account, and if there are any issues immediately contact customer service to resolve the problem.
Other Payment Methods
Choosing an Online Casino Payment Method
With so many online casino payment options available, you want to make sure you’re choosing the right one for you:
- Credit cards are the most widespread option, and their zero-liability security means you are protected from fraudulent purchases.
- Cryptocurrency is an extremely popular option that some may consider safer than credit cards, as all transactions are performed through third-party platforms; no financial information is shared directly with the casino. Many gambling sites also offer incentives to deposit with crypto in the form of larger welcome bonuses.
- Wire transfers, while slower and more costly than credit cards and cryptocurrency, are the safest option overall, as they are processed by banks or other financial institutions.
Which specific method you’d like to use for online casino deposits is up to you and your preferences.
Before you make a deposit at an online casino with Visa, Bitcoin, or any other method, make sure you familiarize yourself with the site’s rules around deposits and withdrawals, so you aren’t surprised later in the process.
Out of all the online casinos we’ve reviewed, TrustDice, DuckyLuck, and Wild Casino have some of the fastest and most flexible banking services available to gamblers.
Zachary Wolf is a Content Editor with experience writing about online gambling for GamblingSites.com and BestUSCasinos.org. His gambling-related writing credits include state-specific U.S. gambling laws, casino reviews, and various sports betting guides — most notably WWE betting guides. He enjoys playing slots, poker, and blackjack, among other games.