Banking choices are a crucial part of the decision making process when you’re choosing what online casino to play at. Luckily Android users are spoilt for choice when it comes to depositing and withdrawing funds. All our recommended casinos below offer a wide range of different banking options to suit everyone.
Mobile casino deposit by phone bill
Depositing from your phone bill is exclusive to mobile casinos and it’s a very popular deposit method among android players. Phone bill deposits let you deposit money directly from your phone contract or credit into your mobile casino account.
Simple, convenient and fast, this method works by sending your deposit to the casino via text message. The deposit amount will then appear on your monthly bill, or if you are a pay as you go user, it will be automatically deducted from your prepaid credit.
This method is fantastic for small deposits as there is usually a limit of £10 per transaction. If you are looking to make a larger deposit you will probably need to consider another deposit method.top mobile casino that let you deposit by phone bill: mFortune and Betway .
All mobile casinos accept major credit cards including VISA and MasterCard as a deposit method. Paying by credit card is convenient, and it’s a system that most people are familiar with and comfortable doing. Funds are usually available immediately once the transaction has been processed.
At most casinos you can also withdraw directly on to your credit card, up to the amount you originally deposited. If you are using MasterCard be aware that there are some casinos that won’t accept it as a withdrawal method, only a deposit method.
If you’re one of the many players who prefer not to give out their credit card details online, you want to keep your fees as low as possible or you want to avoid having your gambling show up on your credit card statements, there are a number of other methods that might suit you better.
An incredibly popular method of payment among casino punters, e-wallets give you a higher level of protection than credit cards and bank transfers because you don’t have to give out your personal details online.
There are a number of different e-wallets available to Android casino players in the UK including Skrill, Moneybookers, Ukash, Paypal and Neteller.
Essentially, an e-wallet is an online account where you keep your money. E-wallets are usually linked to your regular bank account but unlike when you transfer funds directly from your bank account or credit card, none of your personal details are passed along during the transaction.
Bank wire lets you deposit directly from your bank into your casino account. While this may be convenient, there are often high fees associated with these transactions, making them a last resort for most players. The fees and procedure involved in getting a wire transfer varies between different banks so it’s a good idea to contact your bank beforehand if this is a method you think you might want to use.
Pre-paid debit cards
Pre-paid debit cards are becoming more popular among UK players and they are great because they combine convenience and low cost with high security. Most casinos like pre-paid debit cards and many offer preferred payment bonuses to players who use certain prepaid debit cards to deposit funds into their account.
Prepaid debit cards work in a similar way to credit cards except that they’re preloaded with a certain amount of cash. As long as you use a reputable brand of card this form of banking is very secure and reliable, not to mention convenient. It also has the added benefit of helping you manage your bankroll as you can choose ahead of time how much to put on the card and once it’s gone you can’t spend any more.
Variations between mobile casinos
Different mobile casinos accept different payment methods so if you have one particular banking method in mind it’s well worth doing your homework before signing on with any of the casinos.
Out of our recommended casinos, there are some key differences in the deposit methods accepted. While the William Hill android app accepts a wide selection of payment methods including PayPal, others are pickier about how they will let you deposit.
The bet365 android app also accepts credit and debit cards along with Ukash and Paysafecard but their range of banking options is more limited than many others – something to be aware of if you have a particular payment method in mind.
Advantages and disadvantages of different payment types
If you aren’t sure the best payment type for you there are a number of different factors you will want to think about. These include:
Do you need your money to be available instantly or are you happy to wait a few hours or even days for it to arrive in your casino account?
- Would you prefer to use the same method for withdrawing funds as you do for depositing, or are you happy to use two different methods?
- Do you want to keep your personal details anonymous, or avoid your casino transactions appearing on your credit card or bank statement?
- How much and how often do you plan to deposit into your casino account?
- How readily do you want your funds accessible after withdrawal?
Everyone’s personal and financial circumstances are different and the best payment type will be the one that suits you best, whatever your situation and needs.
As a general guideline, if you only want to make small deposits, and convenience is important to you, phone bill banking may be a good option. As long as you are with one of the main UK mobile providers this should be available.
Phone bill banking is easy, straightforward and doesn’t involve handing out your financial details to anyone online. The disadvantage of using this method is that it isn’t accepted at every casino and you will need to keep track of your spending or you may end up with a bigger than expected phone bill at the end of the month.
Many android players opt for credit card banking. It’s accepted universally and it’s very straightforward to use. The main problem with using a credit card is that you are only limited by your credit limit, and if you don’t keep on track of your bills it’s easy for fees and interest to get you into financial difficulties.
Your casino payments will also appear on your bill and you run the risk, however slight, of your details being compromised and your credit card used for malicious or fraudulent purposes.
Choosing which banking option to use is an important decision and you’ll need to do your research to find the one that’s right for you. The sooner you decide on your payment method and deposit money into your casino account, the sooner you can start playing, and winning!