Beware using credit cards to fund online casino games

Every day we are told that more and more people in Ireland are using the internet to help them manage their busy lives. Nowadays we do not even have to be sat at our computers to access the internet, we can use mobile phones or portable tablets to do almost anything we could do on a personal computer. We have apparently embraced this technology beyond most people’s wildest dreams, but there are dangers which we should be aware of when we get too familiar with using these devices for financial transactions. More often than not it is right to use a credit card for online purchases because of the built in insurance element should the purchase be unsatisfactory, but there are exceptions and funding an online casino account is almost certainly one of them. Playing casino games at an online casino is becoming more and more popular in Ireland, and almost all the online casinos are what we call credit card casinos, and list the popular credit cards as an acceptable deposit option, but the banks are somewhat less enthusiastic about online gambling. Using a credit card as an online casino deposit option will almost certainly result in the bank applying a 2% surcharge on the transaction plus interest from day one because they will consider it to be a cash transaction as if you had taken money out from a cash machine. Most of us play casino games in the hope of winning, but these charges inevitably put you into the red before you’ve even placed a bet, even if you always pay off your credit card every month. We could be accused of harping on a little about using credit cards to fund online casino accounts, but we believe it is important to point out that there are cheaper alternatives. If you must use a credit card, use it to fund an e-wallet which you can then use to make your online casino deposit without the surcharge, and of course also to make a great many other online purchases with much better privacy. Think about it and you’ll see it makes sense.