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As a top choice for any online transaction, MasterCard is a very well-known payment option. Even users who need to become more familiar with e-wallets and less traditional banking methods will know how to use MasterCard online. MasterCard is often at the top of the list of payment methods and deposit options at any online vendor, and that’s no different at online casino sites, as MasterCard casinos offer a level of security that many online players don’t feel they get with other payment providers. As MasterCard is one of the two biggest providers of credit cards and debit cards, having associations with over twenty-five thousand banks worldwide, it’s easy to understand why online users feel secure making deposits and withdrawals with this ubiquitous and very popular payment option.
Table of Contents
Mastercard Isn’t A Gamble
While there are increasingly more, less conventional ways to make an online deposit or get a payout at casinos, especially with the advent of BitCoin and other cryptos, choosing MasterCard over many of the less governed payment methods is a safe bet. Many online casino sites, and almost all of the top casinos online, offer MasterCard as a banking option. With the MasterCard deposit and withdrawal options, the best casinos will also tend to have premium customer support and high security and safety standards.
Advantages And Disadvantages Of Using Mastercard
There will always be some pros and cons. That’s the case when using any payment method online. However, there are certainly banking methods like MasterCard, PayPal, and Visa Cards that score higher than others when it comes to secure banking and ensuring your winnings are paid out as quickly as possible. Here’s a rundown of what we consider to be the pros and cons of using MasterCard as a casino deposit and withdrawal method.
Pros:
Widely accepted
MasterCard Casinos are widespread, and if you’re looking to register and make the most of a Deposit bonus and want the peace of mind of knowing you’ll have a secure way to cashout any winnings using MasterCard at any of the 100’s online casinos where it’s accepted, is a safe choice.
Instant deposits
Instant is music to online gamblers’ ears. Having to wait to play with funds at a casino can be a real turn-off when all you want to do is play. With MasterCard deposits, you’ll instantly have the real money in your casino account, meaning you can jump straight into the casino games and start building your bankroll.
No Fees
While it’s also true of many online payment methods nowadays, it’s always worth checking for payment providers that incur extra costs when depositing or withdrawing. Thankfully, your instant deposit and withdrawals are free of hidden fees with MasterCard.
Very Secure
MasterCard itself is a globally trusted and regulated banking method. Before using MasterCard to deposit, ensure that you have signed up at an online casino that has a valid U.S. online casino license. Once you know that the casino is also 100% above board, you can feel safe depositing and withdrawing using MasterCard.
Mobile Apps
MasterCard is in line with all of the top, cutting-edge payment providers in offering a user-friendly mobile app that makes it super easy to keep track of your deposits and withdrawals.
MasterCard Bonuses
Some casinos rate MasterCard so highly that players making MasterCard deposits can be eligible for perks, like deposit bonus offers and bespoke cashback or reload bonus promotions.
Cons:
Not always available for Casino Withdrawals
While not true in most cases, you will find some online casinos that do not accept MasterCard as a withdrawal method, which is an inconvenience if MasterCard is your primary banking method.
Timeframe for Withdrawals
One main downside to using MasterCard as a payment method at online casinos is that when cashing out, it can sometimes take up to 5 days for your winnings to hit your casino account. This is very frustrating, especially if you’ve just had a big win on a progressive jackpot slot or hit a run on the roulette. But it’s also worth noting that while this processing time can take up to 5 days, it’s usually less and can reach your account within 24-48 hours in many cases.
Making A Mastercard Casino Deposit
First, let’s examine how to make an online payment using MasterCard at an online casino. As a giant in the payment provider world, MasterCard knows that what you want when choosing a deposit option is a combination of speed, security, and simplicity. Depositing at an online casino is as easy as using any credit card or debit card online.
Have your MasterCard card ready
MasterCard has a range of debit cards, credit cards, and prepaid cards on offer for their customers. Casino players can use any of these options, and all will come under MasterCard on the cashier page of an online casino. The card is issued by banks and financial companies quickly, and linking your MasterCard to your bank account is hassle-free and only takes a few moments.
Sign Up at a MasterCard Casino
Searching for a top MasterCard casino will have much to do with your gaming preferences. What kind of casino games are you looking to play? Is it slots you’re after? Big slot jackpots? Are you more of a traditional roulette, blackjack, or baccarat player? Maybe you’re one of those casino players who prefer novelty games or specialize in video poker. Those things must be considered before deciding on an online casino to sign up for, not simply choosing one with MasterCard as a banking option. Other considerations will include whether the casino has a good loyalty program, offers an attractive deposit bonus and rewards package, and has an excellent mobile gambling App. Check out our ratings and verdicts to give you an overall idea of the top casinos.
Visit the Banking or Casino Cashier
Once you have found the casino where you are happy depositing, locate the casino’s cashier section or banking pages, and select Mastercard as a deposit option. As a reputable casino, you should see many different payment options. The MasterCard logo should be easy to find, and often MasterCard will be at the top of the banking methods listed.
Deposit
One of the pieces of advice we often give players when making the first deposit at a new casino – regardless of the payment method they’re using – is to test the waters by making a small deposit first. By doing so, you will be able to test how easy it is to make a payment, and the speed of the deposit and play casino games for small stakes, casually at first, to see if the casino has any glitches. Although we stick to this advice, the caveat is that if you’re looking to make the most of a first deposit bonus offer, you might want to go the whole hog and opt to receive the maximum bonus, meaning making the small first deposit is not an option. Either way, MasterCard casino deposits tend to be between $10 to above $10,000. However, the size of your deposit will also be limited by the casino’s deposit and withdrawal policies.
Play Casino Games!
Playing games is what it’s all about. Having the luxury of instant casino deposits, using MasterCard is a great way to start playing table games, blackjack, roulette, or slots quickly. If you need to reload, it’s easy to follow the same steps and take another crack at that big jackpot!
Withdrawing at a MasterCard Casino
Now and then, we do find a casino that doesn’t accept MasterCard as a withdrawal option. Still, we’re happy to report that in most cases, you can withdraw using MasterCard if it’s a deposit option.
Go to the Casino Cashier
To begin your payout process, find the casino cashier section of the banking pages to withdraw. Reputable casinos should not make it difficult to withdraw, so if you’re having difficulty finding the cashout facility, contact their customer support to let them know. Find the best options for highest payouts vs fastest payouts.
Click MasterCard as a withdrawal method
You should be able to find MasterCard as a withdrawal option without any trouble, as the logo should make it very visible on the site. Once you find it, click the MasterCard symbol to complete your cashout request.
Withdraw your winnings
Most often, MasterCard casino withdrawals will be around a minimum of $20, and the maximum withdrawal amount at many casinos is over $5,000 when using MasterCard as a banking method.
Winner!
There’s nothing like seeing those casino winnings hit your account. Using the MasterCard mobile APP, it’s nice to get that notification or email to inform you that your funds have appeared. On average, winnings withdrawn using MasterCard will take around 2-4 business days, although it can be as quick as 24 hours or as long as five business days. The timeframe also depends on how fast the online casino processes your withdrawal.