Australian Online Casino Banking Options 2018
Playing online casino games requires real money bets in order to win real cash. In other words, you have to make a deposit using a suitable Australian casino payment method to play the games and win cashable money. There are hundreds of AU Internet casinos and one of the key criteria for choosing the best and safest casino is by considering the types of banking methods it offers to Aussie players. If you are a casino fan and reside in Australia, the banking choice at an Internet casino is very important.
Generally speaking, the types of Australia casino deposit methods include major credit and debit cards, pre-paid cards, e-wallets and bank transfer. Most of these methods can be used for cashing out as well. Not only they are safe and easy to use, but these banking options are also cheap; nevertheless the applicable fees and processing times depend on the type of banking method. Read on to learn more about the suitable and preferred AU deposit and withdrawal casino methods.
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Is It Safe?
As long as you stick to legally licensed, reputable, safe and trustworthy Australian online casinos you can play real money casino games with a peace of mind and make safe and seamless casino deposits and withdrawals. All AU casino banking options we list and explain are safe to use and you shouldn't have any problems with them.
Types of Banking Methods for Australians
The following are the most commonly used online casino banking options suitable for Australian players:
- Credit and Debit Cards. Major card brands can be used as both deposit and withdrawal methods at AU casinos.
- Bank Wire. No personal details are revealed using bank wire at casinos.
- Electronic Wallets. Quite popular third party virtual payment processors suitable for fast and efficient deposits and withdrawals at casinos.
- Prepaid Cards. They are excellent for making safe and fast casino deposits.
Credit and Debit Cards
One of the most popular are frequently used AU-friendly casino banking methods are credit and debit cards like Visa, Visa Electron, MasterCard and Maestro. With secure AU casinos like those that use the best SSL encryption technology your credit/debit card information is completely safe and you don't have to worry about anything.
To make a credit card casino deposit, enter the necessary personal and card details like card number, date of expiry, name and surname, address and the CVV/ CVV2 three-digit number on the back of your card. Then type in or select the amount you want to deposit. Credit and debit cards can also be used as withdrawal casino methods. The same information is also required to make a withdrawal; the difference is that you can only cash out the same amount you have deposited using your card.
To use bank wire at Aussie casinos you have to provide account number and reference information. Then you can proceed with the transfer. Afterwards email the casino that you want to make a bank wire transfer and wait a day or two till the transaction is cleared. The biggest advantage of using this banking method is that no sensitive data like personal details are revealed. On the downside though, such casino transfers are not instant and you will have to wait till you get your money.
Unfortunately the likes of Neteller and Skrill have recently withdrawn from the Australian market, and with that went the only trustworthy electronic wallet methods. However, as you can see on this page, there are many alternatives.
Prepaid cards like Neosurf and UPayCard are another excellent deposit-only Australian casino payment options. They are purchased at retailer shops around the world. To make a prepaid card deposit, you enter the number of the card and the deposit amount at the casino. Prepaid cards cannot be used for cashing out. Instead, casinos offer players the chance to get their winnings via check or another alternative.
More about Withdrawals
The typical withdrawal turnaround times for the above mentioned banking options vary. For example, for e-wallets they are up to 48 hours, although we expect their turnaround time to be within 24 hours. The usual turnaround time for credit cards is up to 5 days, but we consider fast those that take two or three days. Bank wire transfers often have turnaround times of up to 7 days.
Furthermore, when it comes to casino withdrawals, players also have to provide necessary documentation and prove their identity. That is why most casinos have strict KYC or Know Your Customer process. Casinos need a passport copy, utility bill or other ID documentation so as to verify that you are the real owner before they process your first withdrawal, so do not be alarmed. It takes a few days to process this request, but once it is done the subsequent withdrawals are processed faster.
Online Banking Q&A
How do I know casino transactions are safe?
Trusted and safe online casinos use SSL digital encryption technology through which they safely conduct deposits and withdrawals. This means that the details you provide to the casino like credit card or e-wallet info is scrambled and cannot be traced. In additions, safe casinos may offer firewalls for extra protection.
How long will it take for my deposit to appear in my account?
It depends on the deposit processing time of the casino and payment option. Most casinos offer instant deposits and it takes a couple of minutes till your deposited money appear into your account. Additionally, deposits via credit cards are instant, while deposits via bank transfer take a few days to clear.
Are there any banking fees at online casinos?
This also depends on the casino and banking option. Credit cards and/or e-wallets, for example, often don't come with any deposit and/or withdrawal fees. However, if you want to cash out your winnings via check you might be required to pay a small fee. Banking via bank wire transfer may or may not require certain symbolic fee as well.
What are the minimum deposit and withdrawal amounts?
Generally speaking, the min deposit you may come across at an online casino is $5 or $10, while the min withdrawal amount is $10. However, the minimum limits as well as maximum limits quite often depend on the type of online casino banking method.
What is a preferred deposit method casino bonus?
Casino bonuses associated with certain deposit methods are called preferred deposit method casino bonuses. They often come in from of percentage bonuses like 10% or 15% bonus and are tied to deposit options like certain e-wallet or credit card.