How to Fund Your Casino Account

Ok, so now we know where we want to play online slots and we have selected the casino we want to play at. So what’s next? Well, how are you going to deposit at the casino? Can you use a credit card to deposit? What is this I hear about eWallets? All valid questions.

Recently, the shift has been for players to use an eWallet to fund their casino account. It is more secure than depositing with a credit card, is faster than sending a check and cheaper than a bank wire. Some online casinos will even offer a premium eWallet slots bonuses if you use an eWallet when you deposit. Best of all, eWallet deposits and cashouts are usually the fastest way to move funds to and from your casino account.

So how does an eWallet work? Simple actually. You open an account with an eWallet and fund it from your bank account or in some cases from your credit card. Some eWallets will charge a percentage of your deposit as a funding fee and most all have a fee to have your funds transferred back to your bank account or credit card. The biggest advantage to eWallets is that your credit card information is not exposed. This coupled with the percentage of declined credit cards makes an eWallet a smart decision

The most popular eWallets for USA players are eWalletXpress and QuickTender (also called UseMyWallet). To open an account with eWalletXpress, you complete an application, supply your banking details and they will do a few test transactions to validate your account. QuickTender must be requested from the casino you wish to play at, they begin with an application request and QuickTender takes it from there.

The advantage of QuickTender is speed of set up and cashouts to your bank account are only $30 per transaction. eWalletXpress will charge 10% of your cashout amount up to $120. One advantage of eWalletXpress is when you cash out back to your bank account it is done as an ACH, most banks do not charge for ACH transfers.

Non-US players have a wider selection of options. Moneybookers, Neteller and EcoCard are the most popular for UK and EU players, instadebit and UseMyBank are widely used by Canadian players.

Also available for non USA players is ClickAndBuy, Click2Pay, UKash (UK players) and credit cards. You can click here for a complete list of eWallet services and fees from our partner website.