VCreditos is a Brazilian deposit method designed specifically for online betting and it works in a manner similar to PayPal or Neteller.
When you have a VCreditos account, you can use it to send money to and from your bank account, to hold money online in a secure wallet, send that money to your betting account and then back out again when you’re ready to claim your winnings.
Best VCreditos Betting Sites
VCreditos is not accepted by very many betting sites, but it is nonetheless one of the most convenient deposit methods for Brazilian gamblers. The advantage of VCreditos compared to other methods of depositing is that it works entirely online to transfer money electronically through your computer or mobile phone.
Once you have a VCreditos account, you can connect it to your bank account or existing Neteller account. After that link has been established, you can use VCreditos to quickly move money between your bank or Neteller account and your betting site of choice. VCreditos may also be used to withdraw your winnings back to your Neteller or bank account.
If you have a bank account, VCreditos is more convenient than Brazil’s other major deposit methods, Boleto Bancário, because VCreditos does not use a ticketing system to make payments. Every transfer made with VCreditos is done electronically with no extra steps required.
The VCreditos mobile app provides the full range of features that you would get if you were logging in from your desktop at home. These features include funding your VCreditos account, transferring money to your betting site, making withdrawals and viewing your account history. If you have a mobile device and a bank or Neteller account, you have everything you need to play online with VCreditos.
VCreditos also offers one particularly useful feature not offered by Boleto: inexpensive currency conversions. If you end up playing at a betting site that does not accept Brazilian Reais, you can convert your cash into one of that site’s accepted currencies before depositing, and then convert it back into Reais when you withdraw your winnings.
On another note, the VCreditos website claims to have the highest transfer limits on the market. I am unsure which other services VCreditos compares itself with to make this claim, but the claim may very well be true if they are comparing themselves to other Brazilian deposit methods. In any case, this is worth keeping in mind if you tend to bet large sums of money.
VCreditos works with the following banks in addition to Neteller:
- Banco do Brasil
- Santander
- Bradesco
- Itaú
- Caixa Econômica Federal
If you do not have an account with any of these banks, you can sign up for an account at Neteller to use VCreditos. Bank deposits come with a 4% fee, but Neteller is free. However, Neteller is very inflexible in deposit amounts as you will see below.
VCreditos Minimum and Maximum Deposits
Regular Customers
- Minimum deposit through bank: 100 BRL
- Minimum deposit through Neteller: 2,000 USD
- Maximum deposit through bank: 4,000 BRL
- Maximum deposit through Neteller: 2,000 USD
V+ Customers
- Minimum deposit through bank: 100 BRL
- Minimum deposit through Neteller: 2,000 USD
- Maximum deposit through bank: 40,000 BRL
- Maximum deposit through Neteller: 10,000 USD
Vcreditos Minimum and Maximum Withdrawals
Regular Customers
- Minimum withdrawal through bank: 250 BRL
- Minimum withdrawal through Neteller: 100 USD
- Maximum withdrawal through bank: 4,000 BRL
- Maximum withdrawal through Neteller: 1,000 USD
V+ Customers
- Minimum withdrawal through bank: 250 BRL
- Minimum withdrawal through Neteller: 100 USD
- Maximum withdrawal through bank: 40,000 BRL
- Maximum withdrawal through Neteller: 10,000 USD
Club V+ VIP Program
If you sign up for one of the betting sites found on the VCreditos website, you will be upgraded to a VIP member and receive special benefits for using VCreditos to transfer money. VIP benefits include:
- Higher limits for deposits, withdrawals and transfers
- Discounted currency conversion rates
- Earning up to 5% extra on each transfer
- Earn exclusive promotions at certain gambling sites
As far as the “exclusive promotions” go, what I have seen so far are welcome bonuses with larger maximum amounts. For example, one betting site partnered with VCreditos is Betboro.com. The standard welcome bonus at Betboro is 100% up to 100 EUR, but if you sign up through VCreditos, they will give you 100% up to 500 USD instead.
Wes Burns has more than a decade’s worth of experience as a writer, researcher, and analyst in the legal online betting industry and is co-founder of OnlineBettingSites.com. Wes approaches his work from the viewpoint of players.