MasterCard Transactions in Online Casinos

MasterCard is a United States credit card that has gained popularity in both the United States and around the world, and has become one of the most utilized type of cards in New Zealand. MasterCard cards can be used to make both deposits and withdrawals online, which has also made them perfect for online casino MasterCard usage. While not quite as widespread and as popular as Visa, MasterCard is still accepted by a number of casino sites, and many are making the effort to make MasterCard part of the banking methods casinos offer.

How MasterCard Works

MasterCard is linked to the average bank account, with all transaction processes first going through the actual MasterCard accounts before being more to the account. This has made them extremely useful for depositing money into online casino accounts, as it automatically reflects in your bank account without the player having to take any extra steps.

NZ Casinos Accepting Mastercard

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Like with any credit card, MasterCard cards usually come with some sort of credit limit, which often depends on the type of card being used. This is also why many recommend staying away from credit cards for casino use, as the limit is often extremely high. Managing the credit and amount you want to play online is important, and ensures that you never have to run out of money or find yourself in too much debt.

Paying With A MasterCard

  • Deposits: Making a deposit into a MasterCard casino is one of the easiest things in the world, and part of the reason that MasterCard is such a popular tool for moving money. Deposits are almost always instant, and the amount you decide to deposit is instantly reflected in your casino account. When signing up with a new casino, there will be a series of banking methods that the player can choose from. Many sites will offer an online casino MasterCard method, and after adding your card details to the account – such as the name of the account holder, the card number, and the CCV –  you will be able to deposit money as you see fit.
  • Withdrawals: Withdrawals are a completely different story, and many tend to try and avoid using their credit card when making a deposit. With your online casino MasterCard information added to your account, you can decide to withdraw your money back into your account, but unlike Neteller deposits, this method can take much longer. Once you have chosen the amount that you want to withdraw, you can apply to have it withdrawn through your MasterCard. The amount will then be processed first through MasterCard itself before reflecting in your bank account. This process can take up to one full week, which translates to 1 to 5 business days. On top of this, there can often be a heavy fee incurred, which can be as much as $50 for United States citizens.

While Visa casinos has always allowed withdrawals to be done with their cards, MasterCard on the other hand in recent years has pulled more and more away from Withdrawals, which can be problematic for players.

How To Use MasterCard at Casinos in New Zealand

This is something players might wonder, and the answer is not always so obvious. The first thing to do when joining a new casino is to check out the banking methods they offer for New Zealand players. A casino MasterCard option means that you will be able to deposit easily, while withdrawals may depend on the policies of the casino.

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