Online Casino That Lets You Withdraw
Credit cards are a very convenient way to make payments both online and otherwise. They reduce the amount of cash you have to carry and are much safer. As far as online payments are concerned, they are the most efficient and definitely one of the safest ways to pay as the security is almost unbreakable thanks to CVV codes and authorization.
The best online casino with the fastest withdrawals is Las Atlantis. Players can cash out at this top-rated gambling site and receive their real money winnings within 24 hours. Which are the best instant payout online casinos? The best instant withdrawal online casinos are Las Atlantis, Wild Casino, Bovada, Super Slots, and El Royale. Playing real money online poker provides an incredible rush and delivers the casino floor experience in the most convenient fashion possible. But for online poker to truly deliver the goods, you need to make absolutely certain the site you choose to play at has a selection of withdrawal methods to meet your needs.
Credit cards, especially Visa and MasterCard are among the most popular payment methods for online casinos, for both withdrawals and deposits.
Almost all the online casinos offer a credit card as a payment option. Among the many, Visa is the most popular with MasterCard coming second. Hardly any casinos offer AMEX or Discover payment options.
Both Visa and MasterCard are reputed to be the safest way to make deposits at casinos. When you register at a virtual casino, you will have to choose the type of credit card you want and then provide the details such as credit card number and CVV code.
After this, you will have to make an authorization, either through email or a unique code from a mobile phone. Once this is all done, you can make deposits to your casino as you please and they will be charged as any payment. Visa has a nominal service charge of 2-3% for deposits and MasterCard charges around the same.
When you wish to withdraw from a casino through the credit card, which will be the most likely option as online casinos only offer the same payment option for deposits and withdrawals, the money from your casino account is transferred to the bank account linked to your credit card. In some cases, if you have a credit card from an online payment system such as the PayPal credit card, your amount can be credited to your online account.
Pros of Using Credit Cards for Casino Withdrawals
Credit cards are the most common deposit option at the majority of virtual casinos. Since it is often used as a withdrawal solution, too, you can enjoy the convenience of utilizing your credit card for all of your casino transactions.
In addition to the benefit of using your credit card for both your casino deposits and withdrawals, you will have to provide your card’s details only the first time you utilize it for your deposits. This means that you will be able to request a cash out in no time, as the virtual casino will have your details automatically saved.
Another advantage of using this payment method for your withdrawals is the fact that it is extremely safe. There are several reasons why credit cards are such a popular payment method and the high level of security they provide is definitely one of them. Every time you withdraw your gaming funds via your credit card you can be sure that the transaction is protected with the latest encryption technology.
You will find out that you will have an easy time managing your funds via your credit card as the process is extremely easy to utilize and it takes no time to initiate a cashout.
Since credit cards are among the most popular payment methods in online casinos, it is fairly easy to find a virtual casino which will allow you to cash out your winnings via this option. What is more, interactive players can find numerous web-based casinos that accept credit cards issued by different companies. This is a big advantage as it can help as many players as possible to manage their gaming funds in a fast and easy way.
The speed of transactions is also a positive side of cashing out your casino winnings via credit cards. Compared to some alternative withdrawal methods, it usually takes, at most 3 business days to receive your casino funds.
Cons of Using Credit Cards for Casino Withdrawals
As with any other payment solution, credit cards do have their weak points. It depends on your needs and preferences whether this withdrawal solution is suitable for you.
As it was mentioned earlier, there are plenty of online casinos that accept credit cards as payment options. This being said, you might be restricted to utilizing only a certain brand when it comes to virtual casinos. The most commonly accepted credit cards are those issued by VISA. Since the company is one of the biggest card issuers, you can easily find a virtual casino that will allow you to use your ViSA card for your payments.
MasterCard is the second brand that can often be seen as an accepted payment method at online casinos. However, although it is an extremely popular card issuer, there are some gaming websites that only accept deposits and withdrawals via VISA.
American Express users will probably have the hardest time to find a virtual casino that will accept Amex cards as a payment solution.
Another rather big disadvantage of using credit cards for your online gaming is the fact that many virtual casinos do not allow players to utilize their credit cards for withdrawals. This means that after making a successful deposit and playing for a while, interactive players will have to look for alternative methods to cash out their winnings. This is why it is recommended that you check your payment options before signing up at a web-based casino.
Whenever casino patrons use credit cards for their withdrawals they are often charged additional taxes. They often depend on the banking institution of the players, but it can definitely be more cost-effective if you opt for another withdrawal option.
Although credit cards do not offer the longest transaction process time, there are methods that can help you get your casino winnings in less than 48 hours. If you cannot wait to receive your gaming funds, you might opt for another cashout option.
Last but not least, many virtual players avoid using credit cards for their payment at online casinos. The reason for that is that they are asked to provide their card details whenever they initiate a deposit or a withdrawal. Sharing such important information can sometimes be risky and lead to someone taking advantage of the sensitive data you share.
Credit Card Taxes and Withdrawal Time
There are some virtual casinos which will not charge players any additional fee for using credit cards for their withdrawals. This is definitely a great perk that casino patrons can enjoy. However, this is not always the case as some online casinos will charge you a certain percent of the amount you are withdrawing. This is why it is advised you check whether using a credit card will cost you any extra charges while playing online.
In addition to the additional charge that some virtual casinos impose, credit card companies often exact their own fees that apply to the withdrawals from gambling websites. You also have to pay monthly and annual fees which can be quite bothersome.
If you opt for cashing out your casino winnings via a credit card, you usually have to wait between 1 and 3 business days to receive your money. Although this is not the slowest transaction time that you may encounter, there are definitely methods which will allow you to get your winnings in less than 24 hours.
Conclusion
This banking option definitely has plenty of advantages when it comes to fast, secure and easy management of your gaming budget. Almost every casino offers credit cards as payment methods and these are by far the most convenient.
If you are a VISA or MasterCard user, you can be sure that you will be able to find plenty of online casinos that will allow you to make deposits and withdrawals via your credit cards. However, not all credit cards can be used to make withdrawals so it is best to check with your bank first. At the end of the day, it is up to you to chose whether this payment solution will be the best one for you.
Which Online Casinos Let You Withdraw the Quickest?
If you want to withdraw your money from an online casino in a hurry – then you’ll need to consider your options before you make your first deposit.
This page has you covered. Here you will find the following:
- The best deposit options for making sure your withdrawals are fast
- How some casinos are much faster than the others in paying your money (along with some examples)
- Practical steps you can take to speed things up in terms of ‘Know Your Customer’ processes
- How to find out whether hitting that ‘withdraw’ button will kill your bonus deals
- How to collect your money after a big windfall (for example a jackpot, or tournament win).
To set the expectation level correctly, even the fastest withdrawal from a casino is likely to take around 3 days. It makes sense to plan for this. If you have a situation where you critically need this money before then – you are better off not depositing it at an online casino!
Overview: Average Casino Withdrawal Times
Note that for most payment methods, the majority of the time is for the casino to double-check / perform thei admin tasks / process… once triggered, many of the payment methods are instant.
- Bitcoin: 2 to 4 days
- Paper Check: 7 to 10 days, plus time to clear into your bank
- Money Transfer: 4 to 7 days
- Electronic Wallets: 2 to 5 days
- Local Bank Transfer: 2 to 5 days
- Debit Card Refunds (where possible): 2 to 5 days
The biggest determining factor is not the method itself, it is how organized the casinos are. Casinos have an incentive to delay withdrawals. Not only for cash-flow reasons, they have a shot at keeping your money. Many players withdraw, only to get the itch to go back and play again a day or two later…
By choosing an online casino that respects player withdrawals, you’ll be able to avoid putting yourself in that spot!
Quickest Casino Withdrawals for US Players?
One brand stands out when it comes to reputation and payment processing. In fact – Bovada Casino have built their brand largely on their reputation (though having 100’s of games from 3 different software providers also helps!). In my experience, your withdrawals will usually be at the lower end of the ranges above.
Bovada also gives you a free withdrawal via paper check every month. Many casinos charge a processing / admin fee for this. If you are smart about your deposit method (choosing Bitcoin is quickest of all), then you simply will not find a casino with faster withdrawals than this.
You can get up to 9 welcome bonuses at the moment – see www.bovada.lv for more now!
Quickest Withdrawal Speeds for International Casino Brands?
Outside of the USA, the banking restrictions fall away – making life a lot easier when it comes to both casino deposits and for withdrawals. You still need to choose a casino with a great reputation for fast payment processing. At the same time other factors (range of games, free spins, bonus offers) are relatively more important.
My pick for both easy payments and generous bonuses is Unibet Casino. This mega-brand has 650 slots, and plenty of table games (inc. live casino games). They pick the best titles from all the major software houses.
Withdrawals are fast and no-fuss.
You’ll also get up to 250 free spins when you first deposit.
See my Unibet Casino Review for more info, or better yet, check the latest promos for yourself at www.unibet.com
Withdrawing Using Different Payment Options
As you will have seen from the numbers at the top of this page, your deposit method is the single biggest factor in how quickly you can cash out. This section lists the different deposit methods, explains the basics of using them, and then highlights the withdrawal process.
#1 – Bitcoin
I’m predicting this will become the #1 payment method for US real money casinos by the end of 2018. It is easy to use (you get a wallet, buy Bitcoins via and exchange – then deposit / withdraw as often as you like). It is also beyond the reach of any one country / government.
The process for withdrawing from casinos using Bitcoin (or Litecoin) is easy. You go to your own wallet, generate a ‘receiver id’, and copy / paste this to the casino cashier. The payment itself is almost instant, so any delay will be due to the casinos administration efforts.
Once in your Bitcoin wallet, you can switch back to dollars via the same exchange you bought the Bitcoin from.
For US based players, setting up a Bitcoin wallet will make for easy deposits and quick withdrawals at all of the major offshore casinos – this is well worth the effort!
#2 – Credit Card Payments / Paper Check Withdrawals
If you have deposited with a credit card (including prepaid ones), then the default withdrawal method is a paper check. This is not a quick option – though it is very reliable. US banks accept these checks.
Many casinos will charge an admin fee for these checks. Bovada do not, at least for one check cash out each month. It is worthwhile checking this before you make that initial deposit. You can also check whether there is a minimum withdrawal amount. Some casinos make this $200+, which effectively ‘traps’ smaller bankrolls on the site.
#3 – Money Transfer Withdrawals / Person to Person Payments
Western Union and MoneyGram will not allow payments to online casinos. What many people do is use a work-around. Instead of ‘wiring’ money to a casino, they wire it to an individual who collects it on the casino’s behalf. This is an established process, though to many new players it seems risky – as long as you stick with a trusted offshore casino, it is perfectly safe. You will need to create a player account, and then speak to the cashier team about how to deposit this way.
Turned around and used for withdrawals, there are pros and cons.
The biggest ‘con’ is that the casino will normally charge you for this withdrawal option. This will be the fees they incur at a minimum, and sometimes an admin charge on top. The fees are big (as a percentage of the total) for smaller withdrawals, and get proportionally smaller as you withdraw more.
You’ll generally need to leave at least a few days for your online casino to get this organized. Once the money is sent you go to your closest branch office and collect the cash in person.
#4 Electronic Wallet Casino Withdrawals – PayPal, Skrill and Neteller
Stepping outside of the US now, there are a lot more ways to get your money quickly back into your hands. Electronic wallets are popular thanks to the added security aspect (you do not need to give your bank details to the casinos). Casinos accepting PayPal are rare, and only used in certain countries by the biggest casino brands. Skrill and Neteller are more common, and have lower fees than PayPal too!
You will need to have made a deposit using a wallet before your casino will allow you to make a withdrawal with this. This protects them (and in turn you) against fraud / money laundering.
#5 – Local Bank Transfers / Bank Wires
A default for players depositing with debit or credit cards (or prepaid vouchers / cards) is a local bank transfer. This is a relatively fast way of cashing out of an online casino. Once approved by the casino, you can have the money with you in 3 days. Most casinos in the EU will default to this withdrawal option.
International wires are also possible as a withdrawal method. This is only economical for larger amounts, as the fees are relatively high.
Practical Ways to Speed Up Withdrawals – Understand the Casino ‘KYC’ Responsibilities
We have all been there… you happily click the ‘withdraw’ button, only to get a mail from your casino’s security department! This tells you (often in stern, official language!), that you need to verify your identity before you can cash out.
Yep, this is frustrating.
What you need to understand is that keeping the world of online casinos clean is a hard task. Money launderers would jump on the opportunity to ‘wash’ their profits through the casinos. Given a free reign, credit card thieves would have a field day.
If this were the case, it would be almost impossible to run online casinos at all.
Having understood this, I now welcome the checks. They make it possible for me to enjoy the games.
You can speed up the casino withdrawal process by anticipating these checks. Get some documents ready, and send them in early. You’ll need proof of address, and photo Id. Some casinos will want to see the physical credit card you deposited with. If this is the case you are welcome to black out all but the last 4 digits of the long number.
Will Withdrawing Void My Casino Bonus?
In general, casinos will stop any active bonuses when you click the withdraw button. This acts as a dis-incentive to withdrawing, and stop you taking your profit off the table and gambling with the house money while the bonus is still active.
Casino bonuses work on a ‘play-through’ basis. You need to gamble the amount of your deposit between 20x and 50x – depending on the game choice and casino. The money is then considered ‘cleared’ and is yours to keep. If you want to withdraw, it pays to consider how far away you are from reaching the play-through requirement.
You might also want to check whether bonus cash which you are using to play with will be removed when you cash out of your ‘real money’ account. This is a tricky area, which is explained in more detail in my Casino Bonus Deals article. The rule of thumb is that it is usually worthwhile clearing bigger bonuses before you withdraw.
How Do Casino Withdrawals Work for Jackpots?
Let’s say you land a big prize, $200,000 or more. This is not rare, bigger prizes than this are being won every week at online casinos.
If this happens to you, then you have a ‘nice problem’ – how to withdraw the cash.
Some casinos have small print which covers jackpots. For example, giving you $20k a month until it has gone. What you need to be more aware of are limits for certain deposit methods. A common limit is $3000 per paper check (for US casinos). This would mean a lot of checks, over a long period, until you get your money.
Which US Friendly Casino Has the Fastest Withdrawals?
Bovada (and associated brands!) have an excellent reputation when it comes to payments. They also have software from 3 different providers, plus a mobile casino! You can withdraw via Bitcoin, a free paper check (one per month) or money transfer here. This is the biggest of the offshore US friendly brands, and deserves to be in that position.
Bovada are also top rated for player promos (both in the casino and sportsbook!). Keep an eye on www.bovada.lv to make sure you do not miss out on the latest deals!
Which International Casino Will Process My Withdrawals Quickest?
I'm a big fan of the mega-brand Unibet when it comes to no-nonsense quick withdrawals. This casino has a huge list of options, and many of them are also used for withdrawals. You can use the main ewallet brands and local bank transfers for super-quick withdrawals.
Unibet has more than 650 games (and growing) and offer new players 250 free spins to start off strong! Check out the huge www.unibet.com/casino now!
More Comprehensive Guides to Casino Deposits and Withdrawals:
- Unibet Casino Deposit Methods 2020
- PayPal Casinos 2020
- Slots LV Casino Deposit Options
Online Casino That Lets You Withdraw Money
- Intertops Deposit Options