Credit Card Casinos
Best Online Casinos that Accept Credit Card Payments in Australia
The world of games is ever-expanding. We can say the same about web gambling. Myriads of games and numerous payment options are there for you to play as you like. And if weâre talking about cash play, itâs impossible not to mention one of the most usable and popular methods among players on the globe. Of course, we are talking about the must-have of the 21st century â a credit card.
History of Credit Cards in Online Gambling
The history of banking cards in this particular sphere derives from the history of credit cards themselves.
Historically speaking, the prototype of what we today call a credit card was created in ancient Mesopotamia. People would use clay tablets with specific marks on them, stating the moment of purchase and the promise to pay in due time. Aeons later, in the 1930s in the USA, the Charga-plate system was established. Department stores used this bookkeeping mechanism for more than 20 years.
In 1946, a clerk from Flatbush National Bank of Brooklyn, NY, introduced a Charg-It system. This one allowed bank clients to use a specially issued card to âpayâ for their purchases in a two-square-block radius.
Later, in 1950, two men, Franck McNamara and Ralph Schneider, founded the Dinerâs Club company. They started by issuing charge cards for restaurant-goers. Soon, they managed to sign contracts with several restaurants, and the number of their customers rose to 20 thousand people.
And finally, in 1958, American Express came out with a credit card, sending 60 thousand of those to their customers in Fresno, CA. The experiment was a success and gave a green light for the expansion.
The first credit cards in Australia popped up during the 1970s. Firstly accessible only to the rich, in 1974, the Bankcard was introduced to the public as collective labor of several Australian banks.
Since then, it would be a matter of time when a casino banking relationship would occur. Today, there is a fair number of online casinos that accept credit card. However, keep in mind that a cardâs accessibility is highly dependent on various factors: the country youâre in, the bank that issued the card, and the gaming platform itself. So, before indulging yourself in the game, check these criteria.
How to Use Credit Cards for Online Casinos in Australia?
Online gamble websites all around the world use various payment methods, including credit cards. You can use them to deposit and withdraw your funds. But to understand how to use credit and debit card in online casinos beneficially, we have to cover the next topics.
How Credit Card Payment Works
Payments via credit card are conducted with lightning speed and ease. However, the entire process is much more complicated than it seems. Letâs debunk it.
When you swipe or tap your credit card in a regular store or enter credentials in an online one, you begin the process called authorization. The vendor is sending these data to the processor, which in turn reaches the bank that issued your card. Then, your credentials and account are checked and either verified or denied. Denial can occur if your credentials have expired, your funds are insufficient, or your credit limit is over the threshold.
Usually, this stage takes mere seconds. If it is approved, the âCaptureâ process comes.
During this operation, a hold is placed on your money, meaning that it is âlocked,â and you cannot use it. When it is âcaptured,â the vendor proceeds with your order and fulfills it as they are confident about the payment. But they still donât have the money. The funds will be transferred during the next step, which is called âSettlement.â
A settlement means the process of transferring money from a customerâs bank to a vendorâs one. To do so, the banks have to connect and validate the operation.
Fees & Timeframes when using credit card for casinos
As we have previously stated, credit card cashless payments are conducted in mere seconds. All credit card casinosâ payments are nothing different. However, this is relevant only for deposits. On the other hand, the withdrawal will require much more time. The regular procedure takes from 2 to 5 business days. Some services offer a reduced processing time (1-3 business days).
The fee question is acute as different casinos operate in various currencies, and you may encounter exchange rate fees.
Most popular Australian banks to get a credit card
Hereâs the list of the most common banks in AU where you can obtain a credit card.
| Bank | International Transaction Fees | Interest-free period | Mobile App |
|---|---|---|---|
| Commonwealth Bank | 3% for MasterCard or Visa | Up to 55 days | CommBank (available for Android and iOS) |
| National Australia Bank | 3% for Visa | Up to 55 days | NAB Mobile Banking (available for Android and iOS) |
| Australia New Zealand Bank | 3% for credit card | Up to 55 days | ANZ Australia (available for Android and iOS) |
| Westpac Banking Corporation |
|
Up to 55 days | Westpac App (available for Android and iOS) |
Of course, this list of fees and characteristics is not excessive, and if you want to get a credit card, please consider studying each case individually.
Credit Card Types for deposits in online casino
Although credit cards are perceived as a worldwide notion, they donât belong to one system. We mean that they differ based on a processor. The function of the latter is to connect two banks: yours and the merchantâs. As we have previously described, when your card is used, the request has to be processed to transfer the money. Thatâs the job of a processor: to analyze the transaction, approve it, and facilitate the transfer. The most popular processors for casinos accepting credit card deposits are Visa, MasterCard, and American Express.
Visa
Visa is one of the biggest card processors with nearly 53 million acceptance spots, covering more than 200 countries and territories. It has three levels of privileges: Traditional, Signature, and Infinite. While the most basic one may seem quite regular, it still offers more benefits than the same base level of MasterCard. The service fees of the Visa system are based on the volume of the card and are charged to the issuer.
MasterCard
As you may have already guessed, MasterCard is another large card processor, covering 210+ countries and territories. It is accepted by 53 million points, making it go hand in hand with its main rival. Like Visa, MasterCard offers a three-tier system of cards: Standard, World, and World Elite. Their service fees work differently from Visaâs: the amount of the sum needed is estimated based on the global dollar volume.
American Express
AmEx closes the magnificent trio of processors with 25 million merchants accepting this type of card in more than 130 countries in the world. This relatively small number can be explained by the higher fees the system places on transaction fees. However, this company has a specific feature that previous systems donât have: it can issue cards. This makes AmEx a three-party scheme: buyer â processor â vendor.
Casino Games and Credit Cards
Playing online comes with a variety of choices. A range of options may seem like trouble when choosing, but in this sphere, people always have their favorite ones. Usually, those are the good old slot machines, poker, blackjack, and roulette. And it becomes even better as you enhance your experience using your credit card for a real cash game.
Real money credit card casinos in Australia
If you think youâre ready for the real thing, itâs time to play big. Topping up your account will grant you access to the brand-new level. Using a credit/debit card is one of the easiest ways to deposit your money and receive various benefits from a hard cash game. Usually, credit card online casinos offer their users magnificent perks for first-time payments.
Credit card casino bonuses
When people start playing with real funds, little do they know about bonuses. We at AussieOnlineCasino call it the first rookieâs mistake. Thatâs why before diving in, you should check all potential benefits and perks.
Normally, gambling sites offer welcome, deposit, and no-deposit bonuses.
| Casino | Bonus | Where to get it? |
|---|---|---|
| Casino Rocket | Welcome | All types of games |
| Woo Casino | two welcome bonuses + free spins (the first â 100% of the deposit, the second â 50% of it) | All types of games |
| Spin Samurai | Three welcome bonuses + free spins | All types of games |
| Bizzo Casino | Two welcome bonuses + free spins (the first â 100% of the deposit, the second â 50% of it) | All types of games |
| National Casino | Two welcome bonuses + free spins (the first â 100% of the deposit, the second â 50% of it) | All types of games |
Sign up or Deposit bonus
This type of bonus is usually granted to players who made their first top-ups after registration. Usually, welcome perks are one-time only, but some online casinos with credit card deposit offer bonuses for second and third deposits. Such benefits include as much as 100% of the initial deposit. Even if the casino doesnât have some specific bonuses for credit card payments, you are still eligible for these magnificent rewards.
No deposit bonuses
As the name suggests, you donât even have to pay to get these. No deposit bonuses are awarded to players who decided to try the platform. However, there are waging requirements that have to be followed if you want to make good use of them.
Credit Card for online gambling - Pros and Cons
Although credit cards are a great and convenient payment method, âOnlineCasinoAussieâ knows that there is a dark side to using them for gambling purposes.
| Pros | Cons |
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Best 3 Australian casinos that accept credit cards
The variety of online gambling sites is vast; therefore, our team of âAussie Online Casinoâ is eager to help you. Behold the best three platforms for your credit card play.
Casino Rocket
Opened in 2020, this casino is one of the best casinos that accept credit card deposits. Aussie players can grab a $500 welcome bonus with 50 free spins. Also, Casino Rocket offers benefits on specific weekdays (Monday, Thursday, and weekend). With its invigorating loyalty program, the most dedicated players will find it even more thrilling to play!
WOO Casino
Another young representative has already gained a stable fan base and a good reputation. WOO Casino welcomes all paid players with a $300 max welcome bonus and 200 free spins. Another fancy perk is the wheel of fortune, which allows grabbing a random prize: cash, spins, or devices.
Spin Samurai
This Japanese-style casino has one of the most highly rewarding welcome bonus systems among casinos with credit card in AU. It consists of three tiers, each offering more benefits than the previous one. Also, there is a great High Roller bonus. Making a minimum deposit of $200, you will be able to get $3,000. Spin Samurai VIP ladder is also worth the time. It offers two routes (Shogun and Ninja), so you decide which loyalty bonuses to choose.
The expert's advice
A hard cash game is always thrilling and exciting; however, itâs good to do it in moderation. And credit cards are playing the role of helper here. Itâs like killing two birds with one stone: 1) they provide you with a quite simple and fast top-up method, so you can enjoy your game; 2) you can easily check and control your expenses as all the info is at hand.
Top credit card payment alternatives in gambling
Undoubtedly, Credit Cards have taken top places among playersâ payment preferences, but it is important to remember that there are several alternatives.
E-wallets
Young players, who grew up in the modern digital era, are not used to physical wallets â they prefer virtual cards. Such services as Apple Pay, PayPal, Paysafecard, Skrill, Neteller, etc. are always with you on your phone, easy and intuitive to use, accepted worldwide, and full of cool perks and bonuses for online casinos.
Prepaid Cards
The best solution for those players who take extra care about security and anonymity. Unlike Credit Cards, they do not require your data; you just load it with money in advance and then use it when needed. It is not linked to any of your bank accounts. The most widespread prepaid cards include Prepaid MasterCard and Prepaid Visa.
Cryptocurrencies
Virtual or digital currencies, such as Bitcoin, Ethereum, or Dogecoin, are becoming more and more attractive for players. Their high-level security, anonymity, almost instant payouts, and luxurious bonuses guarantee their popularityâs growth in the upcoming years. Like in the case of e-wallets, some of its main advantages are mobility, convenience, and easy access.
OnlineCasinoAussie verdict
Credit cards are a perfect companion to paid play. Despite the drawbacks, they provide for the most needed functions during gaming.
