Virtually all online betting sites accept deposits using credit cards and debit cards to fund and withdraw from your online betting account. Visa, MasterCard, and American Express (to a lesser extent) are very popular methods of depositing and among the easiest of all payment options. Credit and debit card wagering account deposits will usually be credited to your real money account instantly, so there is no waiting around – you can simply make your deposit and use your funds to bet online straight away.

Credit and debit cards do not require you to have any other form of online account, such as an e-wallet, and are safe to use as most online betting sites will offer secure transactions. You can also usually use them to deposit in different currencies if you need to. There aren’t many drawbacks to using credit and debit cards at online betting sites – however some banking institutions may not allow you to use your card for this purpose. Some online betting sites will also impose quite strict deposit limits for credit cards, although you can usually have these increased if you want.

Best Credit Card Betting Sites

Betting Site
First Contest Entry Fee Refunded18/21+ to Play, T&Cs Apply

Credit cards are without a doubt the easiest and fastest way to get your betting account funded with no hassle. Just pull out your credit or debit card, enter your details, and you’re on your way. There’s no waiting around either as credit card deposits are processed instantly. All you need is a card branded with the Visa, MasterCard, Discover or American Express logo and you’ll be placing bets in minutes.

You’re not going to have any trouble finding numerous credit card betting sites. This is the most popular deposit method in pretty much every country. It doesn’t matter if we’re talking about the US, European or Asian markets; credit cards are everywhere and people know how to use them.

In fact, familiarity is perhaps biggest advantage offered by this deposit method. By this point, I’m guessing everyone reading this page has used a credit card to make an online purchase or pay a bill over the internet. Making a credit card deposit at a gambling website works just like buying anything else online.

It’s also nice that you don’t have to sign up for an account with some payment company and memorize yet another password. The only thing you need is the credit card sitting in your wallet right now. You’ll be funded in less than 5 minutes and free to go on with your life.

There are two potential disadvantages to using a credit card to deposit:

  • Smaller Limits: Credit card deposits tend to max out at around $500 to $1,000 per transaction. New customers are subject to pretty sharp limits. The good news is that once you build a relationship with the betting site, it’s possible to get those limits increased or waived entirely.
  • Declined Transactions: Banking laws are complex and vary from country to country. Sometimes your payment will be declined even though you have enough money to cover the deposit. If this happens, it’s probably because your bank automatically declined the transaction. Your best bet is to try a different card or an alternate payment method.

How to Make a Deposit with a Credit Card

The actual process of depositing with a credit card is the same as making a purchase at any online retailer. Log in to your betting account, visit the cashier and choose “credit card” as your deposit method.

Next, you’ll be asked to type in your name, credit card number, expiration date and 3-digit CVV security code on the back of your card. You’ll only have to fill in this information once. After that, your information will be saved and you will have the ability to make one-click deposits from that point on.

Some online betting sites charge a fee for depositing with a card; overs cover the fee for you. If your site does charge a fee, it will probably be in the 3-5% range.

Can I Withdraw Using Credit Cards?

Sometimes. It depends on your credit card, country of residence and policies of your betting site. Most sites do not offer payouts to credit cards. The few sites that do offer credit card withdrawals usually structure the transaction as a refund. In that case, you can withdraw an amount equal to the size of your original deposit.

In most cases, you’ll be asked to choose a different withdrawal method. An electronic bank transfer or paper check is the most common withdrawal option for people who originally deposited with a card. My personal preference is the direct bank transfer. Choose this deposit method and the betting site will just send your winnings straight to your bank account.

Credit vs. Debit Cards

Credit cards and debit cards are treated the same by online betting sites. As long as your card has the logo of a major credit card issuer, you’ll be able to use it. You simply type in the information on your card and your gambling site handles the rest.

If you have both a credit and debit card, it’s always best to try the debit card first as a matter of smart money management. Remember, nothing is guaranteed in gambling. Smart gamblers only wager with money they can afford to lose just in case things don’t work out.

If you do decide to use a credit card to gamble online, please keep a close eye on your spending. It would be best to size your deposit so that you can immediately make a payment on your credit card to avoid going into debt.

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