Visa Credit Cards in short
The Visa Credit Card is a popular way for players to make deposits to online casinos, using the Visa option in the cashier. The card itself is obtainable through everything from banks to credit unions and lenders, where a credit check is normally required to make sure a potential new user is eligible for a VisaCreditCard.
The application process to get a Credit Card takes a few days, but once the process is completed and you have received your card, it is incredibly easy to use at literally any casino. You enter your card number, card expiry date, CVV code, and your name, as is requested in the cashier of the casino. Most casinos also save your deposit method details for future use, meaning you will not have to enter these details again when it comes time to make a new deposit.
Since this is a Credit card solution and not a Debit one, the player does not technically need to have money in their bank account at the time of making a deposit to a casino. This does open the door to a greater level of freedom when it comes to making deposits, but it does require that the player has greater control over their bankroll to make sure they can afford to cover the payment once it is charged. It is a very good idea to set up a budget and a solid bankroll to avoid making deposits you can’t afford.
Why you should use Visa Credit Cards
Since the card is so widely used globally, making use of it to fund your casino gambling means that you can choose from a great number of casinos, regardless of whether they are Canadian casinos or not. There’s also no need to wait for extended periods of time before you can use the deposited funds, as they appear in your casino balance instantly.
Using a credit card also means that you‘ll avoid most fees that are sometimes added to online casino transactions. E-wallets normally add a transaction fee for transfers, meaning you lose a part of the funds you intended to deposit.
Why Visa Credit Cards might not be for you
Since the card is a Credit Card, you will need to use a bit of caution when making your deposit, as you would not want to deposit on credit and then not be able to cover those costs. It would be a good idea to keep a steady bankroll or set up deposit limits at the online casino to keep track of your gambling.
Something else that might be a bit of an inconvenience for players is that most online casinos do not offer withdrawals back to this card. That means that you need to make use of an alternative method for any withdrawals such as a wire transfer or an e-wallet solution.
Depending on your location and the legislation in your country of residence, using a Visa for online gambling transactions might not be allowed, meaning that your bank account might be closed down should you be found funding an online casino using a VisaCard. This is true for all players residing in the US, so if you live in Canada but have dual citizenship or live close to the US border, it might be wise to reconsider your payment method.