The list of online gambling sites offering credit cards as a payment option seems to grow every time a new casino enters the scene; it’s easy to understand why. Credit cards, especially the big two – Visa and MasterCard – are by far the swiftest, most convenient, and secure method of transferring funds to and from online casinos. Even exclusive US-facing gambling sites with an extremely limited number of withdrawal options have invariably included at least one card, so you’ve got a ton of options when it comes to the best online casinos that accept credit card withdrawals.
When you’re looking for a hassle-free way to cash out your winnings, credit cards do check all the right boxes. They are effortlessly easy to use, readily accepted, and definitely safe as they leverage authorization tokens and CVV codes to make their security impregnable. That’s not to say the most popular payment method is perfect; it comes with its own fair share of downsides, including highly-limiting bank restrictions.
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Hardly any online casino refuses to accept withdrawals via Visa, MasterCard, and other major credit cards, but are they all created equal? Here, you’ll find our shortlist of expert-recommended US gambling sites that prefer credit card withdrawals. We’ve also put together a handy guide to the Credit Card system, its withdrawal methods available for online NJ casino games, which casinos accept this system, how to use them, fees, security, pros, and cons.
Credit Card Withdrawals Overview
As a payment method, credit cards are highly regarded, used often, and widely available across the globe, this makes them a good fit for online casino banking in New Jersey. Nearly all credit cards are offered in conjunction with banks, credit unions, and other financial institutions, so they are already in the hands of many consumers. You can easily obtain a credit card issued by MasterCard, VISA, American Express, Discover, or other well-known operators.
The true beauty of credit cards lies in their convenience and security, not to mention they give the customer access to a line of credit. This way, you can use your winnings to replenish your credit line while simultaneously bolstering your creditworthiness. Another massive plus is that credit cards enjoy near-ubiquitous acceptance at NJ online casinos, particularly MasterCard- and Visa-branded cards.
Even though making casino deposits and withdrawals using credit cards means sharing rather sensitive banking information, card issuers use a variety of top-notch security measures to deter identity theft, fraud, and other online scams. You can rest assured in the knowledge that your financial, digital, and personal security is safeguarded. In short, credit cards are typically a great option for quick, easy and safe NJ casino withdrawals.
Most New Jersey online casinos allow withdrawals via the same credit card you used to make the initial deposit. At the very least, you should use the same avenue to cash out the same amount you deposited. For example, if you made a Visa deposit of $50 and cashed out $150 in casino winnings, you must use your Visa card to make a withdrawal of at least $50. You can nominate a bank account, e-wallet, or another card to cash out the rest (if you wish to do so).
Credit cards often present a bigger challenge when depositing than withdrawing. This is because banks are required to adhere to strict federal regulations when processing online gambling transactions. That’s why card issuers like Discover are notorious for refusing to process New Jersey casino deposits in a bid to avoid complex run-ins with these stringent banking restrictions.
Thankfully, major credit card brands are more lenient when dealing with casino pay-outs. As long as your withdrawal transactions are not flagged under anti-laundering and Know Your Customer (KYC) laws, you should be in the clear. It is immensely crucial that you only deposit and gamble at trustworthy online casinos that are regulated and licensed. Credit cards usually quickly process transactions to and from legitimate gambling sites without much hubbub or restriction.
Lucky for you, we’ve done the legwork, so you won’t have countless hours trying to find a good gambling site that accepts withdrawals via credit cards. Our team of casino experts has employed a multi-criteria approach to curate a list of the best credit card casinos for US online players. Take your pick and take advantage of secure, hassle-free credit card banking, superb customer service, and a boatload of lucrative bonuses offered by these legal sites.
Getting started with credit card withdrawals should be easy and straightforward. The first thing you should do is confirm that withdrawals to credit cards are supported by the New Jersey online casino of your choice. You would be surprised by the number of gambling sites that offer one-way credit card payments, in which case you can elect to withdraw directly to your bank account, via ACH, eCheck, Check by Mail, e-wallet, or instant cash from the cashier cage of their partner land-based casino.
When you are certain you can withdraw using this method, log into your gaming account, and navigate to the Cashier/Banking page. You will find the withdrawals tab clearly displayed on the page, with a list of all available withdrawal options based on past history of what method you used to make deposits. Go ahead and pick your preferred credit card as the withdrawal method. Your deposit amount should be at least $20 and upwards of $10,000.
Once the withdrawal has been processed, pending a standard 72-hour processing period, your funds will be transferred to the bank account associated with the credit card in question. During the pending period, you can actually cancel the withdrawal transaction and use the funds to continue enjoying your casino favorites. Note that a nominal fee of between 2% and 3%, calculated based on the withdrawal amount, may be assessed to cover processing costs.
Credit Card Withdrawal Methods Available for New Jersey Online Casino Games
Credit cards are a safer alternative to cash. Nearly all gambling sites offer at least one major card as a withdrawal option. MasterCard is the clear leader when it comes to withdrawing funds from online casinos, followed by Visa-branded cards. Very few gambling sites offer Discover and Amex withdrawal options.
You can withdraw between $150 and $2500 with Visa and MasterCard at no additional cost from popular New Jersey online casinos that accept this payment system. When withdrawing your winnings with MasterCard, you can expect funds to hit your linked bank account within 3-4 business days.
How to Make an Online Casino Withdrawal in New Jersey Using a Credit Card
Visa, MasterCard, Amex, and other leading credit cards are some of the most secure and trusted payment methods available online. They are accepted by nearly all online merchants, including e-commerce stores, subscription services, and more. For most US players, bank cards have long been the preferred method of making fund transfers at online casinos. As luck would have it, the odds are good that you’ll be able to perform credit card withdrawals at any leading online casino.
If you have been lucky with your credit card deposits, you may want to cash out your winnings via the same payment channel. Luckily, most gambling sites allow players to request cash-out using the same credit card on file. The process of withdrawing your funds using a credit card is straightforward and incredibly simple. Remember, your credit card information has already been linked to your gaming account, so you will be able to transfer the funds with a few clicks to an associated bank account.
It only takes a few easy steps to make a credit card withdrawal at your favorite gambling site:
1) Access your New Jersey online casino account. It’s a no-brainer that you should have an active gambling account with your preferred online casino. After all, you’re trying to move your winnings out of the casino. All that you have to do is log into your account to kick-start the withdrawal process.
2) Go to the Cashier section. Some sites call it the ‘Banking’ page. In either case, it should be clearly titled in your gaming account for hassle-free access. Click on the ‘Withdrawals’ tab and select Credit Card as your payout method.
3) Choose the credit card you wish to use to withdraw money. Only saved credit cards you have used before will appear on the list of available withdrawal options. Select the one that’s reliable. You may need to re-enter the card details at some NJ online casinos, in which case you should simply input your credit card number, CVV code, and its expiration date to complete the process.
4) Enter the withdrawal amount. This should be the dollar amount of winnings you wish to cash out via the credit card. Don’t forget that most New Jersey casinos enforce withdrawal limits – the minimum withdrawal amount is usually $20 and you can go up to $50,000 or more depending on the maximum limit the NJ casino has set for you.
5) Receive and enjoy your funds. If the withdrawal request is approved and goes through, the funds will be transferred directly to the bank account linked to the credit card in question. There’s usually a 72-hour pending period, during which you can still cancel or review the withdrawal request.
If you let the withdrawal transaction ride, the funds should show up in your elected bank account in 3 to 6 working days. While some forward-thinking New Jersey online casinos foot the cost of the withdrawal, you may be charged a standard processing fee of between 2% and 3%. The details on your online casino account and credit card should match; otherwise, the transaction is highly likely to be declined by the card-issuing bank or payment processor.
Credit Card Withdrawal Fees
Almost all credit card withdrawals from gambling sites are subject to a nominal fee of 2% (calculated based on the payout) that goes to the payment processing company. Technically, that’s the fee levied by Visa, MasterCard, Amex, or Discover for processing your NJ casino withdrawal transaction.
Some New Jersey casinos may charge an extra fee of 1% for the convenience of using a credit card to cash out your winnings. Behind the scenes, this additional charge is meant to dissuade players from using this method, and instead go for less risky, casino-friendly options like e-wallets, ACH, cash at the casino cage, etc.
Great New Jersey online casinos, however, don’t charge you any additional fee for making credit card withdrawals. In fact, some will go ahead and cover the 2% processing fee on your behalf. This is certainly an added bonus that should encourage players to sign up with the said online casino.
Credit Card Withdrawal Speed
Talking of speed, most cash-outs made using a credit card should clear in 4-6 working days, although you can receive your funds within 1-3 business days in some instances. There’s usually a pending period of between 24 hours and 72 hours. The bottom line is that credit card withdrawals, while safe & secure, may not be instant. Compared to prepaid card accounts, cash at the casino, and other methods that offer instant access to your funds, you could say it’s among the slower options available to you.
Security and Safety
When it comes to New Jersey online casino banking security, few options that can measure up to Visa and MasterCard. This is equally true for casino deposits and withdrawals. Casinos put security above all else, and their impeccable track records speak for themselves.
Countless measures make credit cards the safest and most secure banking option for New Jersey online casinos. The card information is privy to the cardholder, and it’s encrypted when used on the internet for payments, so the credit details won’t be seen by 3rd-parties. Most card issuers, including MasterCard and Visa, use tokenization, authentication code, and 2-factor verification via email/SMS notification. In this way, the cardholder can keep track and confirm each transaction to prevent identity theft, online scams, and fraud.
Most banks that issue credit cards are members of the FDIC and therefore customers enjoy zero 24/7 account monitoring and zero liability for fraudulent transactions. As a result, the cardholder doesn’t suffer any financial ramifications should the credit card become stolen or lost. If you suspect a fraudulent transaction, a simple call to the customer service team is all it takes to prevent future fraud and suspend the card until the issue has been resolved.
What’s more, most credit card brands offer robust mobile apps you can use to seamlessly manage your funds, making all transactions traceable and accounted for. You can set up notifications and email alerts for important transactions, so you can stay on top of your card security.
Pros of Using a Credit Card for New Jersey Casino Withdrawals
Easy & simple process: With your credit card details already on file, you can collect your winnings from the casino account to the linked bank account with just a few clicks. The only time you will be required to input your credit card details is when you’re making your first deposit transaction.
Versatile, all-around option: While not available in all New Jersey casinos, credit cards can be used for both depositing and withdrawing funds at the gambling site. Consequently, you can enjoy the experience of using the method for all New Jersey casino banking needs.
Extremely secure and safe: Even though you will be required to share your financial information, this method is still considered safe and very secure. Among the top reasons why credit cards are so popular for New Jersey casino withdrawals, the high-level of security they offer is right at the top of the list. Visa and MasterCard use unbreakable security protocols and encryption technologies to safeguard your information and protect the card from fraudulent activities.
Readily available: Visa and MasterCard are used worldwide for all sorts of financial transactions, whether they be offline or online. As such, almost all online gambling sites allow players to both deposit and cash out of their funds using credit cards.
Accepted everywhere: Since credit cards are available practically everywhere around the globe, you can spend your winnings wherever the card is accepted.
Cons of Using a Credit Card for New Jersey Casino Withdrawals
Limited acceptance: It’s true that most NJ online casinos accept credit card deposits; however, very few of them allow players to withdraw their winnings using the same method. This may force you to consider inconvenient methods like Check by Mail, wire transfers, and vouchers.
Additional fees: Nearly every withdrawal transaction made using a credit card incurs a transaction fee that ranges from 2% to 3%, which can noticeably eat into your winnings. On top of that, you are probably wrestling with high annual charges and interest rates associated with the card.
Fairly long processing time: Some credit card withdrawals can take 4-6 business days to clear and for the funds to reach your account. Most New Jersey online casino players consider this to be slow, and justifiably so. Other methods can get funds in your hands in a matter of hours, if not minutes or seconds.
Credit cards as a casino payment method have many benefits. They offer a fairly safe, secure, and reasonably easy way for players to cash out their winnings from gambling sites. Although most New Jersey casinos list credit cards as a deposit method, far fewer sites accept this method for withdrawals.
If you hold a MasterCard, Visa, or any other leading credit card, you can rest easy knowing that your money is safe. These credit card companies use best-in-class encryption and several layers of security to protect your funds, information, and transactions. In the end, this is a fairly convenient method that is ideal for players who are willing to wait a few days to see their winnings in the account.
Check out some other withdrawal methods for online casinos: