Casinos by Banking Option

There is one huge difference between brick and mortar casinos and the fast growing online variety: funds. You can’t just walk into an online casino with a pocket full of cash, you need to get your money into their system somehow. Luckily, online casinos know how much of a hassle this can be and so provide you with a large variety of options to make your life easier. Here at FreeExtraChips.com, we want to provide you with all the information, so check out our list of the top banking options for online casinos.

Credit Cards

The simplest method of uploading cash to an online casino and also one of the most common is using your credit card. Most casinos will allow you to transfer funds onto your account directly from your credit card and while this can be extremely easy there are some snags. In recent times, some banks have been monitoring and rejecting transactions to and from online casinos and gaming sites. This means that you may not be able to transfer your funds through this method: you need to get hold of an eWallet.

eWallets

eWallets are online banking options whereby you transfer an amount of money into an online account to spend across the web. The best known of these services is Paypal. These services offer a very secure way to hold your money online and make and receive payments and there is a great range to choose from when it comes to financing your online gaming.

As the most commonly used service, Paypal is trusted by users and it does provide a good level of service. If you are likely to make large transactions, however, or irregular transactions, then Paypal has a tendency to look on you suspiciously and may even suspend your account. Other options you can look at are Neteller, Skrill and Click2Pay, yet beware: these options are not available in the US, reducing your options much like with your choice of online casino.

eChecks

eChecks are similar to using your credit card except that they require you to have funds present in your physical account beforehand. Much the same as a paper check but processed completely electronically, this is a simple and easy payment option and is also available to US players. As such, this system is gaining in popularity.

Wire Transfer

Wire Transfers can refer to nearly all transactions in the digital age but here they refer to directly transferring money from one account into another. Wire transfers are the most securely guarded transactions available: the banks have stringent rules upon them to protect your details. A great benefit of this system is that it is safe for the casinos as well as the players. As such, they often reward those who deposit via wire transfer, offering small bonuses to promote the system. It is also open to US players too, making this one of the best banking options for online casino usage.

Whichever choice you make when it comes to online casino banking, make sure to check every detail and ensure that your money is protected. Most casinos will tell you their preferred payment methods but beware of hidden costs and the chance that you cannot access your money. Here at FreeExtraChips.com, every casino review includes a rundown on their payment options, meaning that you can make your choice with all the facts before you.