Mastercard Casinos: Pros & Cons
- Make instant deposits
- High limits for withdrawals and deposits
- Deposits normally qualify for welcome bonuses
- Available at all good online casinos
- Have to provide card information
Sign-up process for Mastercard
Mastercard doesn’t actually issue its card but instead provides the actual payment network. This means that you don’t actually apply for a Mastercard from the company itself, but will have to visit either a bank, building society or store depending on what kind of Mastercard you want to get:
1. Prepaid cards:
Mastercard prepaid cards can simply be bought in-person at any participating store.
2. Debit cards:
This requires you to have a bank account before you receive your Mastercard debit card. There will be minimum age requirements for setting up a bank account, and you’ll have to provide evidence of your identity. This includes some kind of photo ID and proof of your home address.
3. Credit cards:
This process works in a similar way to getting a Mastercard debit card. Bear in mind that the issuing bank will also carry out extra credit checks to make sure that you are able to repay whatever credit you borrow.
Making a casino deposit with Mastercard
Mastercard offers you a simple way to add money to your online casino account. Here’s how you do it:
1. Sign up to the online casino
This requires you to fill in a registration form with your name, address, date of birth, email and other personal information.
You can usually do this by providing some form of government-issued identification such as a passport or a driver’s license.
Now you can go to the casino cashier and select Mastercard from one of the accepted payment methods.
You will be required to enter your Mastercard card information, and then enter how much you wish to deposit and submit your payment. Bear in mind that there will usually be additional verification checks.
It’s important to note that the Mastercard deposits usually allow you to get casino welcome bonuses.
Withdrawals and deposits with Mastercard casinos: average timescales
Most online casinos will process your Mastercard deposits and withdrawals at a similar speed. Here’s what you can expect:
Mastercard casino deposits
Your Mastercard casino deposits should show up either almost instantly at the online casino or within a few minutes. If it takes any longer than an hour to show up, then you should get in touch with the casino’s customer support team.
Mastercard casino withdrawals
Making withdrawals from a casino back to your Mastercard will usually take between three and five working days. There will be an initial period where the casino has to verify the payment which could take between 24 and 48 hours.
Bear in mind that if you withdraw upwards of thousands of dollars, your withdrawal may be split up into smaller increments. However, any credit card withdrawal that takes longer than a week should be questioned.
Mastercard casinos will usually process your payments in the following manner:
| Mastercard |
Minimum |
Maximum |
Processing times |
| Deposit |
Usually from $10 |
Varies according to card issuer but usually up to $5,000 |
Just a few seconds |
| Withdrawal |
Between $10 and $20 |
Depends on casino site but often up to $10,000 per day |
Between three and five working days |
Mastercard verification requirements
Potential cardholders have to undergo robust identity verification checks before they get a Mastercard. The most common way of proving a customer’s identity is for them to provide either a passport or a driver’s license. Following this, there will also be a full credit check for anyone applying for a current account.
There will also be a verification procedure for the cardholder to make their online payments. This is because Mastercard adheres to a Strong Customer Authentication (SCA) procedure, which means that the cardholder will have to provide two pieces of information before the transaction is permitted. Such information can be any one of the following three categories:
- Something the customer knows: PIN, password or username
- Something the customer has: Mobile phone, tablet or other device
- Something that proves who the customer is: Biometrics such as a fingerprint or facial features
Our favorite online casinos that accept Mastercard for deposits
The history of Mastercard
Mastercard is the world’s second largest payment processing network and was founded in 1966. The New York-based brand was originally known as Interbank and Master Charge before settling on its current name. It was the product of several banks who came together to provide a competitive response to Bank of America’s BankAmericard, which eventually became Visa.
As of 2020, there were 974 million Mastercard credit cards in global circulation, and the brand currently operates in 210 countries. As well as its credit cards, Mastercard also offers debit cards and prepaid cards.
Mastercard only provides the payment network service, rather than being an issuer of the cards. This works in a similar way to Visa, and there is little difference between how the two brands operate for most customers. However, some customers who get the World Elite Mastercard may find that the travel and lifestyle benefits are a touch above those offered by Visa.
Mastercard casinos compared to other providers
Mastercard will be just one of the payment methods featured at most online casinos. Here’s how Mastercard compares to other big payment brands:
1.
Visa:
Acts in a similar way and virtually interchangeable when used at online casinos.
2.
American Express:
Features at fewer online casinos, but can be used in a similar way to Mastercard for your online gaming.
3.
PayPal:
Increasingly popular e-wallet for casino gaming, but still features at relatively few online casinos. Good for fast withdrawals, not so good for claiming welcome bonuses.
4.
Bank transfers:
Common at all online casinos while offering similarly high limits to Mastercard. Just bear in mind that bank transfer deposits and withdrawals can be relatively slow.
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Three essential facts about using Mastercard casinos
Mastercard is a hugely popular choice for anyone with an interest in online gaming. However, there are some important things to know about using Mastercard at online casinos:
Many people use Mastercard credit cards, but you should know that credit cards cannot be used to fund wagering at any online casinos or bookmakers in the UK. Thankfully, you can use Mastercard debit cards to make deposits at online gambling sites in this country.
The majority of online casinos will let you make withdrawals back to the same Mastercard account that you made your deposits with. However, you should know that some online casinos won’t let you withdraw back to any kind of credit or debit card. In this case, you would have to make a bank transfer withdrawal instead, which will have a detrimental effect on how long it takes to get your winnings.
It’s important to remember that Mastercard is just the payment network and the bank is the actual card issuer. This means that it’s ultimately up to the bank as to whether you will be allowed to use the card to fund your online gambling. So check around to see which banks allow their services to be used for casino gaming.
All gambling and sportsbook deposit methods
Conclusion - Your guide to using Mastercard casinos
We’ve shown you that there are plenty of benefits to using Mastercard casinos. After all, not every casino payment method lets you enjoy instant deposits, secure processing and the ability to get some exceptional sign-up offers.
This means that there’s every chance that we’ll be seeing many more Mastercard casinos appearing on the scene very soon, so make sure that you check back to this page to ensure that you’re always playing at the best Mastercard online casinos.
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Mastercard Casinos FAQ
👀Are there any Mastercard gambling restrictions?
Check out our guide that shows you whether you’ll face any restrictions at Mastercard casinos. If so, we can point out some other kinds of
online casino deposit methods
that you can use.
⏰How long does an online casino Mastercard withdrawal take?
Take a look at our guide that shows you how long withdrawals usually take at Mastercard casinos. Essential for anyone who doesn’t want to wait too long to get their winnings.
👍🏻 What is a good easy-deposit online casino?
Be sure to read our guide to see whether Mastercard casinos offer you an easy way to make a deposit. After all, no one wants to have to jump through too many hoops to start gaming.
🎁Can I get casino bonuses with a Mastercard deposit?
We’ve prepared this guide to quickly show you whether you can pick up bonuses by making deposits at Mastercard casinos. A great way to get a helping hand with your casino gaming.
❓How do I make Mastercard casino deposits?
Make sure that you read our guide to see how you can make deposits at Mastercard casinos. The good news is that it’s a pretty easy process and we’ve even supplied you with a step-by-step guide to making your payments.
