Unless you’re planning to play for free forever, at some point you’re going to need to put money into your casino account, and take it out again. A quick look at any online casino’s banking page will usually reveal a long list of different payment methods, most of which you’ve probably never heard of.
Most of the UK based online casino players I know deposit and withdraw using credit cards, debit cards and PayPal, but there are quite a few who make use of prepaid cards like EcoPayz and Paysafecard.
Below you’ll find my recommended payment methods for UK players.
If you’re feeling a bit overwhelmed at all the different payment options available to you (and I don’t blame you if you are!), here are three of the main types and a bit more info about them. Hopefully this can help you decide which method will work best for you.
Major credit cards like Visa, MasterCard and Diners Club are very popular among UK players. As long as you are responsible and don’t use more than you can pay off easily, credit cards are a very straightforward way to deposit money into your casino account and you get the benefit of all those extra frequent flyer points at the same time.
If you don’t want to use your credit card, you can also use a Visa or MasterCard debit card. With a debit card the money comes straight out of your account instead of going on to a separate credit card balance, so you will only be able to spend what’s there and won’t risk getting yourself into debt.
Just be aware that if you’re using MasterCard to deposit into casino fund, you may need to find a different withdrawal method.
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These are great if you don’t feel comfortable handing over your credit card details online, or if you’d prefer to keep your casino related transactions off your statements.
Electronic payment methods like Citadel, Instadebit, Neteller and PayPal are heavily encrypted so you get an extra layer of protection. They are also quick and easy to use, especially Neteller, which is often processed faster than anything else.
When you use an electronic payment method you can link a credit or debit card, or your bank account to your method of choice. It just provides an extra level of security for your personal and sensitive information and keeps the specifics off your bank statement.
Prepaid cards like Ukash and Entropay are a great way to manage your bankroll and add an extra level of security to your casino transactions. You will need to preload your card with the amount you want to spend and then use it at the casino like you would a credit or debit card.
You can only spend what you have on your card with a prepaid card, making it difficult to go over budget, and because you’re not giving out your bank account or credit card information online, your personal and financial details are safe.
Most mobile casinos these days will let you deposit using the same methods as a desktop casino. This is great news for players who are keen to switch between devices because you will only need to go through the payment verification process once.
As well as the usual payment methods, there are also a few different options available to mobile users including paying by phone bill or SMS. This is very handy if you’re mostly playing on your mobile and you want a quick and easy way to get money into your account. Mobile phone payment is very popular with UK players and it’s easy to see why!
mFortune is one mobile casino that lets you deposit by phone bill. It’s really very simple to use, I’ve done it plenty of times myself. You make a deposit to the casino through the phone bill paying service (Payforit), and the money will either come directly out of your prepaid credit or the fee will appear on your phone bill at the end of the month.
Payforit is great because it doesn’t involve handing over your credit card or bank details to an unknown casino provider. Once it’s set up it’s really quick and easy to use, so you don’t have to interrupt the flow of your play.
The best payment method for you will depend on a number of different factors, including security and confidentiality concerns, your playing style and bankroll management. As long as you play at a reputable online casino, like the ones I recommend, your money should be safe, whatever banking method you choose.