Making a payment with credit cards - how easy is it to use?
In this online sportsbook with credit cards review, we created an overview on how to make a payment using credit cards. We also wanted to highlight the steps you should consider before opening up a sports betting account.
Owning a credit card
If you're unfamiliar with credit cards, you may need to sign up to use one. Most banks will issue you a card and explain how they're used, including different credit limits and how much money you can borrow each month. You'll need to be eligible to use a credit card, so depending on which US state you live in, your credit score, job title, age and income are factors to consider before using credit cards for betting sites.
Choose a sportsbook to join
Once you've received your credit card, or if you already owned one, you can look through the wide range of online sportsbooks and choose one to register an account with. Depending on the credit card you have you’ll need to look into
betting sites with VISA
or
betting sites with Mastercard. Upon registering, you'll need to give the operator your name, date of birth, home address, email and create a password. Most sportsbooks will ask you to verify these details with a form of photo ID to ensure you're eligible to use the platform.
Setting up your credit card info
Now you've created a sportsbook account, you can connect your credit card information to it. Thankfully, this payment method is widely accessible. Many popular sportsbooks will let you use them for deposits and funds when online sports betting with credit cards. We also suggest that you check with your bank to find out if any fees may appear when you place a transaction online. This is normal for credit card sports bettors and online casino players too.
Start placing wagers
Once your sportsbook is ready to go, you can begin placing bets! One thing to be aware of at this point is any thresholds on amounts you can deposit and withdraw, so double check the
sportsbook withdrawal limits. US betting sites have an impressive range of sporting events to choose from. So it's up to you to find something that you're happy to put your money on.
Withdrawal and deposits with credit cards: average time scales - super-fast processing times
When thinking about using betting sites with credit cards and
sportsbook payouts, we wanted to find out how quickly they perform compared to the competition before you make a decision.
Credit card withdrawals
You'll be happy to know that using a credit card to cash out your winnings is one of the quickest methods available. It could take up to a few business days to receive your funds, but credit cards are generally efficient for their customers. Some betting sites accepting credit cards find that fees can be quite high, so there may be a higher withdrawal amount to consider. Plus, you will also need to check the
betting sites withdrawal time
to ensure you have your funds when you want. So double-check the terms and conditions of your chosen operator prior to making transactions.
Depositing with credit cards
At PromoGuy, we found that using an online sportsbook with credit cards is a great way to deposit your funds quickly into your account. Similarly to withdrawals, you may be subject to a transaction fee, so your deposit amount could vary to other payment providers. But, the process is almost instant, which is great for eager sports bettors. Don’t forget there are other payment methods that offer near-instant transaction times too, so consider
online sports betting with PayPal
or
online sports betting with Venmo
too. It's important to remember that credit cards use borrowed funds, so keep that in mind before depositing to ensure you're not risking more than you can afford.
Credit cards verification requirements - what makes customers eligible?
Our team found that if a new customer wants to start online sports betting with credit cards, they'll first need to follow a few key requirements. New users need to be of legal age to apply for a credit card. Users will also need to be allowed to start betting in their chosen state with a legal age of 21. Members will also need to live in the state where they want to start online sports betting with a credit card. This is because each state has a different set of regulations and laws that apply to them.
Most sportsbooks will ask to verify a customer's details to ensure they're allowed to start betting. This check is great for avoiding hackers or scammers using the customer's details for other shady reasons. Most credit cardholders will have peace of mind as their company will have an advanced security system to prevent any breaches. In addition, betting sites with credit cards have another layer of security, so members' details and funds will be fully protected when placing wagers online.
Providers that use Credit Cards
1.
Bet $1, Double Your Winnings Your Next 10 Bets
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
3.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Bet now
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
4.
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5.
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The history of credit cards - a look back through the years
Before deciding if online sports betting with credit cards is the one for you, we wanted to include a brief look back through the history of credit cards and how it's one of the most popular betting options today.
Credit cards released
In 1959, American Express released their first plastic card to replace the Diners Club card, which was cardboard. From the 1960s, credit cards started to be more mainstream in the US. Bank of America created the Visa card, which allowed merchants to accept this form of payment, and customers to make payments in installments on their purchases.
International spread
Since its launch, credit cards can be found internationally for many businesses and customers. There was a technology development in 1969 by IBM, which meant a magnetic strip was added to the card to help hold customer data and process transactions faster. This spread to different online financial services and found its way to betting sites with credit cards.
Sports betting today
Currently, you can find a betting site that uses credit cards more common than many other payment options. However, there are still many operators offering other methods, including
online sports betting with Pay Near Me
and
online sports betting with Netspend. Through the years, it's evolved its online technology and made it a more effective way for individuals to purchase and sell online. As the US sportsbook market continues to grow, we're sure there'll be more development news to keep up with using credit cards.
Credit cards compared to other providers - A more reliable choice than Venmo
We discovered that credit card betting sites are a good idea for customers familiar with using this payment method for other financial transactions. Thousands of US bettors use
betting sites with American Express
because of its popularity and trust. But, we also wanted to see how it compares to another payment option, like Venmo.
Fully developed payment method
Unlike Venmo, online sports betting with credit cards has decades of experience as a reliable financial transaction service. Credit cards are accessible to millions of US residents, and you don't need an app for them to work. It's convenient at in-person betting locations and online. You also don't have to worry about if a sportsbook accepts a credit card payment, as most US operators will accommodate your credit card.
Credit card bonuses
When new customers decide to join an operator, they're most likely met with a welcome offer or promotion to entice them to join. These offers usually apply to an online sportsbook with credit cards as its payment method but could also apply to
online sports betting with Apple Pay. But an option like Venmo, which is still quite new to the sports betting world, may not be eligible to redeem these promotions and limit your betting experience.
Providers with alternative Payment Methods
1.
Bet $1, Double Your Winnings Your Next 10 Bets
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
3.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Bet now
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
4.
Bet $5 and Get $200 in Bonus Bets Instantly!
5.
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
Three essential facts about using Credit cards - key facts for sports betting
At PromoGuy, we want you to know the ins and outs of online sports betting with credit cards, so we included three key facts to consider before deciding if this is suitable for you.
When it comes to setting up betting sites with credit cards, the process couldn't be easier. This is excellent for new sports bettors and those who want to get started as soon as possible. Your deposits take a matter of minutes to process, and your withdrawals will be put directly into your account linked to your credit card, making access to your wins more convenient.
Secure betting experience
In addition, credit cards betting sites are a reliable choice because there are years of history to back the safety and security of your funds. Most credit cards will have a highly advanced technology that allows your sensitive details and money to go untouched when you start placing bets online. Although you may be hit with an internal transaction fee, this ensures you'll still reap the rewards when you're cashing out your winnings efficiently and safely.
Using the same credit card for deposits and withdrawals
When you use an online sportsbook with a credit card, you may notice that the operator makes sure your deposit and withdrawal method is the same. This is done to prevent a maximum charge from coming out of the operator's pocket. It also ensures a more streamlined experience for the customer. However, not every sportsbook will allow credit card withdrawals because of these charges. So we suggest looking through the site's terms and conditions to confirm if it's doable.
Conclusion - why you should try sportsbooks with credit cards
Overall, we found that using a credit card to deposit and withdraw funds was a great choice for bettors of any skill level. Even if you've never used a credit card before, it is quick and easy to set up one and use that towards your preferred sports betting account. Betting sites with credit cards offer fast transaction times, and although you may be charged a processing fee, it's a highly reliable payment option.
We recommend that you visit an online sportsbook with credit card options and discover if its accessibility and efficiency is what you've been looking for to enhance your online sportsbook experience.
Our favorite bonuses
1.
Bet $1, Double Your Winnings Your Next 10 Bets
Wagering (WR): 1x Deposit
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $5
3.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Wagering (WR): 1x Bonus, Min. Deposit: $10
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
4.
Bet $5 and Get $200 in Bonus Bets Instantly!
Min. Deposit: 5
5.
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
Wagering (WR): 1x Deposit, Min. Deposit: $5
Betting sites with credit cards FAQ
❓ Which US sportsbook accepts credit cards?
There are several highly popular online sports betting sites for new and existing bettors in the US. If you're looking for a more efficient and speedy betting experience, from registering an account to placing your wagers, then betting sites with credit cards may be the most suitable choice for you. To find out which sportsbooks accept credit cards, check out our website.
✍How do I successfully use a credit card to deposit funds?
If you're new to using online sportsbooks and the world of gambling in the US, then choosing a payment method that works for you is a top priority. There are many deposit options available, from
online sports betting with Pay Plus,
online sports betting with VIP Preferred
or the more commonly used sports betting sites with credit cards. To discover how to successfully use a credit card to deposit funds and a detailed guide on the credit card requirements, check out PromoGuy.
✅ Is sports betting legal to use with credit cards?
There are several US states that have legalized sports betting for local residents. As this list of states continues to grow, so do the ways to deposit and withdraw funds through these operators. To find out if an online sportsbook with credit card options is trustworthy and legal in your state, check out our website for more information and reviews.
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