VCreditos

VCreditos is a Brazilian payment and loyalty service used to move money to and from betting accounts without exposing bank details. It is still operating — with sign-up, deposit, transfer and withdrawal and its Clube V+ loyalty tiers — but it remains a niche, Brazil-focused method.

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.

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.

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 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.

In any case, this is worth keeping in mind if you tend to bet large sums of money.

VCreditos works with the following banks:

• Banco do Brasil

• Santander

• Bradesco

• Itaú

• Caixa Econômica Federal

VCreditos Minimum and Maximum Deposits

Regular Customers

• Minimum deposit through bank: 100 BRL

• Maximum deposit through bank: 4,000 BRL

V+ Customers

• Minimum deposit through bank: 100 BRL

• Maximum deposit through bank: 40,000 BRL

Vcreditos Minimum and Maximum Withdrawals

Regular Customers

• Minimum withdrawal through bank: 250 BRL

• Maximum withdrawal through bank: 4,000 BRL

V+ Customers

• Minimum withdrawal through bank: 250 BRL

• Maximum withdrawal through bank: 40,000 BRL

Club V+ VIP Program

VCreditos runs a Clube V+ loyalty programme: members earn points on each transaction and move up status tiers for extra benefits. 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.