Take care when choosing an online casino deposit option

Every day there seem to be more and more reports of internet fraud relating to poor or careless security of personal financial information. This is a factor which we all should take seriously whenever we purchase goods or services over the internet, and we should also remember that making payments into an online casino account to fund playing casino games is in the same category of risk. We are confident that all the online casinos on our recommended list have appropriate site management systems in place to ensure the safety of our personal information, but we can also improve that security still further by making the right choices when it comes to the online casino deposit options we decide to use. All the major online casinos provide a very wide choice of deposit options, including credit cards, debit cards and one or both of the major e-wallet accounts, so let’s take a look at the pros and cons of each of these deposit options. Many of us automatically reach for the credit card for internet purchases, often for very good reasons, but as an online casino deposit option a credit card has significant drawbacks. Most banks seem to object to us using a credit card for anything to do with gambling, and consequently deem it necessary to apply a surcharge of up to 2% on any such transactions. Add to that the fact that it is considered to be a cash transaction attracting interest from the day the money is transferred and you will see that using a credit card to fund playing online casino games is an expensive choice. The same surcharges are often also applied to using a debit card as a casino deposit option although clearly there are no interest charges associated with using a debit card because the funds have to be available in our account. In our opinion the cheapest and safest way to fund our casino games is an e-wallet. Most online casinos will accept both PayPal and Neteller e-wallets as a casino deposit option, as do many internet retailers, so once you have set up a PayPal account for example it can be used for many other internet transactions. An e-wallet account ensures that the online casino does not have access to your banking details, and your bank does not know what you are doing with your account and will therefore be unable to extract any additional surcharges. It’s a win-win situation in every way.