Even with all of the talk these days about how great cryptocurrency is, there’s still a large number of people in America who prefer to use credit cards for transactions due to their familiarity and ease. Many players have been funding their accounts for over 20 years with their plastic charge cards and see no reason why they should stop now. This is why we here at Best USA Online Casinos have updated all of our gambling guides on how to deposit with credit cards for 2018 and included the most important information that you need to know.
By far the biggest change this year is that many casinos are now passing along their merchant fees to players when you deposit with a credit card, and most people are shocked to learn how much it actually costs to fund their account. For years operators covered the transaction fees but now that they want to push people to fund gambling accounts with Bitcoin, all bets are off. In the old days if they tried to charge you for using your credit card you would have just moved to another website but now it seems like almost everyone is doing it.
If you look at the fees that credit card companies are currently charging you can see how it costs operators tons of money throughout the year. For example, American Express has the highest fees at around 4% per transaction, which obviously adds up over time if lots of people are using that method. Compare that to the 1.5% that other cards charge and you’ll quickly understand why it’s hard to find USA online casinos that accept American Express and still have them listed on their cashier page.
The most popular card in the United States has always been VISA and in 2018 they’ve issued an astounding 323 million cards globally. Compare that to MasterCard who are in distant 2nd place, even after issuing 191 million cards, and American Express who only have a tiny market share with 58 million customers worldwide. This is why you’ll be able to gamble with VISA for the foreseeable future – so many people have the card in their wallet, the casinos would be crazy to completely remove it from their list of options.
Those of you in the States who only have MasterCards don’t need to worry though because your favorite credit card has more than just popularity going for it. It has the power of a huge global network of banks in various countries who are happy to process online gambling transactions that originate in America. Therefore, they actually have a higher acceptance rate than VISA, making them a more attractive option for operators who don’t want to lose their 3rd party processing companies due to rejected transactions, and some will even pay your fees if you use it.
That all said, whether you want to use a MasterCard to deposit at a casino or one of the other cards at your disposal, you’ll definitely want to read our exclusive gambling guides so you know where to play. This is because not only are our “Best Lists” regularly updated to show you which websites are currently the top ranked for the deposit method in question, they also contain a bunch of insider knowledge that you won’t find anywhere else.
Now let’s see what 2019 has in store…