What are the best payment methods when playing at no wagering casinos?
The most trusted and reliable payment methods when playing at no wagering casinos
So you've done your research, you've found a reputable no wagering casino and you're ready to start spinning the reels of your favourite wager-free slots... Question is, how do you go about depositing your funds when there are so many options?
We've compiled a comprehensive list of the best payment methods players can use at all of their favourite wager-free casinos. It's worth noting that not every site will accept all of the payment methods mentioned, but we can guarantee that they'll accept a decent number of them, so don't worry!
Debit and Credit Cards
Debit and (once upon a time) credit cards have always been the go-to method for most people when it comes to making deposits and withdrawals at their favourite online casinos. This is mainly because they're the most accessible and easy-to-use payment methods.
VISA Debit / Mastercard Debit
VISA Debit cards are pretty universal. Practically everyone in the United Kingdom owns one, unsurprisingly it's the most popular method for making deposits and withdrawals at online casinos (much like it is practically everywhere else). This is usually the first payment option you'll come across when depositing or withdrawing funds.
Visa Credit card / Mastercard Credit card
For a long time, credit card payments using cards such as a Mastercard were incredibly popular with players, however, in April 2020 the United Kingdom Gambling Commission (UKGC) banned players from gambling with credit cards. This was to ensure that players were gambling sensibly with funds that they actually have, rather than potentially plunging themselves into deep debt by playing with money they can't afford to lose.
Maestro is brand of debit card owned by Mastercard that replaced the brand Switch in 2002. Nowadays, most UK banks issue their customers with VISA Debit cards as opposed to Maestro cards, which is why they're significantly less popular than the aforementioned VISA debit cards.
Digital payment methods
Digital payment methods such as eWallets and prepaid cards have been around for over two decades now and are still only growing in popularity. Many players opt to use these as they are often anonymous and also allow players to set hard limits for themselves when playing.
If you haven't heard of PayPal before, where have you been for the last twenty years? This popular digital payment method was founded in 1998 in part by Elon Musk (you might well have heard of him).
The eWallet is used by more than 200,000,000 people around the globe and has always traditionally been associated with eBay until they severed ties in June 2021. PayPal has always been a popular and convenient option for slot enthusiasts because it's fast and secure, the two most important elements of a payment provider.
PayPal approves payments related to gambling in jurisdictions where gambling activities are legal such as the United Kingdom. There are countries that do not allow players to use PayPal as a casino payment method, such as Germany.
Skrill (previously known as MoneyBookers) is widely considered to be one of the safest and fastest eWallets available to players today. It is favoured by those playing at online casinos because payments are completely anonymous and withdrawals are speedy, especially when you consider that you can use a Skrill debit card to make a withdrawal rather than transferring funds to your main bank account first.
Originally created in Sweeden as Glue Finance back in 2008, Trustly is one of those digital payment providers that are perfect for those who are slightly paranoid about sharing their bank details with an online casino. This payment provider acts a middleman and allows players to transfer funds from their bank account without having to send use any of their real bank details, meaning it's near impossible to become a victim of fraud.
Paysafecard is 16-digit prepaid payment card created in Vienna, Austria at the turn of the Millenium. These can be purchased online and in physical stores and are loaded with £10, £25, £50, £75 or £100, this is good for players that want to keep a solid control on how much they're spending, as they can only spend however much is on the card at that given time and nothing more.
Neteller are recognised as being one of the very first eWallet payment providers to arrive on the internet, founded in Canada back in 1999. Originally they were mostly used by gambling services. A year after their formation they were processing payments for 85% of the world's gambling merchants with 95% of their revenue coming from them. Similar to Skrill, players can access their funds directly through a prepaid MasterCard which will allow them to withdraw funds from a cash machine.
ecoPayz (previously known as Ecocard) is another trusted prepaid payment card that is amongst one of the oldest and most trusted providers of the last twenty-plus years. The free method offers players no fewer than five different levels of account Classic, Silver, Gold, Platinum and VIP. The higher the level of your account, the more money you can transfer on a daily basis. It's also preferred as it doesn't require players to go through a credit check.
Entropay is a virtual VISA card that allows players to make deposits at online casinos without disclosing debit or credit card information, similar to Trustly in the sense that it's good for players who want to have that extra layer of security when entering their card details at a site they're not completely sure of. Many people like EntroPay as it allows them to create and load up as many virtual VISA cards with cash as they like, meaning that they can use specific cards for specific websites.
Other payment methods
Of course, the above payment methods aren't the only ones out there that you can use to withdraw and deposit money at your favourite online casinos! Below are ones we'd consider notable, maybe even the best of the rest:
A bank transfer is exactly what you'd expect it to be when it comes to making cash deposits at your favourite no wagering casinos. All players need to do here is use their bank account number and sort code to transfer the money directly from their account into the casino wallet. Players need not worry about speed or security, as the the banks are well on top of that.
Pay by phone
Pay by phone casinos are becoming increasingly popular despite not being the most well-known way of making casino deposits. Pay by phone is a payment method made via a mobile phone that allows players to pay with their phone credit or phone bill, rather than using a more traditional method such as debit card or eWallet.
Many online casinos allow players to make deposits and withdrawals in bitcoin in this day and age, but it's well worth noting that these casinos should be taken with a pinch of salt.
As it stands there are no casinos regulated by the UK Gambling Commission that allow bitcoin payments, so the ones that you do come across will either not accept UK players at all or are completely unregulated and should be avoided.
Other payment methods include: Apple Pay, Rapid Transfer, eCheck, InstaDebit, PayNearMe, MuchBetter, MyCitadel, American Express, InstaDebit, iDeal, Boku, NeoSurf, WebMoney.