MasterCard Casinos Online 2024

Written by: Alanas Ivšinas

Last updated: February 21, 2023

How Do I Apply for a MasterCard?

MasterCard is an international payment network that partners with banks and credit unions that issue the card. You can apply for a MasterCard at any bank or credit union that uses their payment services. Choose the type of card that suits your needs and follow the institution’s procedures to complete the process. MasterCard has several different types of card to choose from depending on your requirement.

Credit Card

A MasterCard credit card provides you with a credit facility that you can pay off in a prearranged period at an interest rate agreed with the institution that issues the card. The issuer carries out credit checks to determine the credit limit and interest rate they are prepared to offer. Some casinos don’t accept credit cards or cards linked to a credit facility.

Debit Card

The MasterCard debit card is a standard debit card linked to your bank account. You can choose to connect the card to a cheque or savings account if you wish, and your bank supports MasterCard. Transactions made with the card are deducted from the account immediately.

Prepaid Card

You can apply for a prepaid card at banks that issue MasterCard without having to open a separate account. You need to transfer funds to the card before using it. Once you deplete the funds, you can recharge them at any time by depositing more funds. The prepaid card is an excellent way of keeping within your budget for online betting with online casinos that accept prepaid MasterCard.

Registering Your MasterCard

To take advantage of security features such as the one time pin and zero liability, you will have to register your card. The issuing institution typically does this automatically, but it is prudent to ensure the card’s registration. If your card is lost or damaged, they can only replace it using the stored registration information.

Fees & Time Frames Using Online Casinos That Accept MasterCard

When deciding on a payment method for online casinos, there are a few things that you should consider. We look briefly at the fees and timeframes to deposit and withdraw funds using the MasterCard payment method.

MasterCard Fees and Limits

Using a MasterCard to deposit funds at an online gambling site is free. However, casinos charge between 2% and 3% for withdrawals. Also, depending on the bank that issued your MasterCard, there may be extra charges on both deposits and withdrawals. There is a minimum limit of between €10 and €20 for deposits. The casino sets the maximum limit, but this is usually around €5000. The limits for both deposits and withdrawals are identical. Remember that UK-based online casinos with a UKGC licence can’t accept credit cards. Still, online casino accepts prepaid MasterCard and debit cards.

MasterCard Timeframes

A MasterCard payment at an online casino is instant. Once you make the transfer, the money reflects on your casino account. A withdrawal takes longer, though. The casino takes between 3 and 72 hours to verify your account before releasing the transaction. MasterCard takes between 1 and 5 days to process the transaction, depending on which bank issued the card. Typically a withdrawal takes around four days to be credited to your MasterCard.

Advantages of Online Casino With MasterCard

Payments Are Immediate

When using MasterCard for online gambling, payments are immediate, so you can start playing real money games as soon as you have completed your deposit.

Using a prepaid card helps prevent overspending

Suppose you are worried about overspending on your online casino gambling. In that case, MasterCard offers prepaid cards as well, so you can still keep your gambling bankroll separate from money that you have budgeted for other purposes.

Extra Security

A reputable casino offers adequate security, but MasterCard provides extra layers to online purchases, including casino deposits for additional peace of mind.

Zero Liability

The bank or credit association that gave you your MasterCard will not expect you to take responsibility for unapproved exchanges. So if somebody does obtain your card details and make extra purchases, you are covered.

Tokenised Payments

MasterCard now has an option to use tokens instead of transmitting your card details over the internet. As soon as you enter your card details, a token unique to you and the online casino replaces them. If you change your MasterCard details, the token is automatically updated.

One Time Pin (OTP)

MasterCard also offers an OTP service. You can register your mobile number and receive a unique code by SMS for every online transaction. The OTP service gives an added layer of protection to any deposits made with a MasterCard.

Online Casino MasterCard Acceptance Mobile version

MasterCard allows you to integrate your card details with Masterpass, a digital wallet storing all your details in one secure location.

You Can Accumulate Loyalty Points on Your MasterCard

MasterCard providers offer loyalty points and discounts, with some providers for transactions made on the card. By using casinos that accept MasterCard, you can gather loyalty points on your card while gambling.

Disadvantages of Online Casino That Accept MasterCard

Bank and Card Fees May Apply

The bank or credit union that issued your MasterCard may charge extra fees on your transactions. It’s best to check with them what fees may apply.

The Transactions Appear on Your Statement

All transactions made on your MasterCard show on the bank statement, including online casinos. Some financial institutions take this into account when you apply for a loan or car finance. If you don’t want the transactions showing on your statement, then selecting another option may be better for you.

Not All MasterCard Online Gambling Sites Allow Withdrawals

Most casinos allow deposits via MasterCard but prefer other methods for withdrawals. The consequence of this is that you need to verify two different transaction methods with the online casino before withdrawing any winnings. To protect themselves and their customers, online casinos verify that punters withdraw money into an account or e-wallet service in their name.

A Long Wait for Withdrawal Payments

MasterCard is issued by different banks and credit unions, each with its own time frame for deposits into an account. The online casino already takes between 3 and 72 hours to verify your account. Then you have to wait for an additional one to five days for the money to reflect in your bank.

How to Deposit With MasterCard Casino Online?

It is essential to follow the casino’s correct procedure to avoid delays with deposits or withdrawals. The online casino does need to verify your account before processing any transactions.

Depositing Money to Your Casino Account

• Register at your casino of choice that accepts MasterCard.
• Complete the verification process for your casino account to avoid difficulties later.
• Select deposit at the cashier.
• Select MasterCard as your payment choice. The casino asks you to supply the card information and personal details. The name on the card must match the name on the casino account.
• Enter the amount to deposit.
• The casino notifies you once the transaction is processed, and you can start enjoying the games.

Withdrawing Money from Casino Online MasterCard

• Select withdrawal at the cashier.
• Select MasterCard as your payment choice and enter the amount you wish to withdraw.
• Enter your card and personal details.
• The casino notifies you once they have processed the payment.

Another vital fact to keep in mind is that online casinos prefer you to make deposits and withdrawals using the same card or account. To avoid delays, make sure all your information is correct and use the same card for deposits and withdrawals.

Conclusion of MasterCard Casinos Online

Using your MasterCard as a payment method at an online casino is fast and convenient if you don’t mind waiting for withdrawals to be processed. With MasterCard online gambling, there is no need to open additional e-wallets or register for extra services.

On the downside, some casinos don’t accept MasterCard withdrawals. And depending on the card issuer, you may have to pay some fees for transactions other than the MasterCard withdrawal casino charges. Additionally, UK-based online casinos cannot accept any payment method linked to a credit card.

Written by:

Alanas Ivšinas

iGaming industry expert

Experienced Senior level iGaming industry expert. With 10 years of experience in iGaming industry. With high focus on new casino and betting brands development. Have work experience with such big names as MatchingVisions, iBusmedia, Oddschecker.