There are several benefits of using AmEx as a payment method in online casinos. However, along with so many benefits, it comes with a few problems as well. Here is a breakdown of its pros and cons.
There are several ways to withdraw and deposit money from your account in case you like playing in online casinos that take Amex.
To get an American Express card, go to the vendor’s official website and click “get started.” Choose the type of card you want and fill in the application with all the relevant personal and billing information, as well as your address.
You can also order a card via mail and over the phone. Before getting one, be sure to study the company’s terms and fees as all cards come with specific requirements and perks suiting not everyone.
The AmEx casino deposit method is really easy and simple. First, you need to find the casino accepting AmEx as the payment method. You can find this out by logging into your account, clicking the menu tab, and under that tab, you will find the ‘payment methods’ section. This will let you know all the payment methods that your online casino supports. From that drop-down menu, select this payment option to check whether you’re in an online casino American Express.
Different online gambling sites offer different bonus options to new users. Any player would like to earn the maximum bonus amount, so check the offer of competitive casinos as well before depositing your money.
Once you’re sure the casino accept AmEx, now is the time to deposit money and play casino with AmEx. Enter the amount you want to deposit along with your Amex card details such as the card number, its expiry date, it CVV code number and any other information requested by the website. Once the transfer is complete, the amount will be reflected in your account instantly.
The entire process is very simple. All you have to do is follow the instructions given on the screen, and you are good to go. The whole transaction will take less than 2 minutes to get processed.
Withdrawing money from your online casino is even simpler. On the withdrawal page, input the amount that you’d like to withdraw and click the ‘confirm’ button. Withdrawal of the money from your account will take 3 to 5 business days depending on the country you are in. Thus, the withdrawal speed is slower than other payment cards, but much faster than payment processing times of a bank transfer.
AmEx is secure and reputable as a payment provider, but some of its features may be not that comfortable for gamblers. Here is its comparison with five other popular payment methods.
|Payments||Withdrawal time||Limits||Min deposit||Fees|
|AmEx||3-5 business days||None||$10||
2.5%-3.5% for merchants.
Withdrawal of personal funds – free
No limit on deposit amounts
|Interac||Up to 30 minutes||Incoming limit: $10,000 per day||$10||
$0.5 for each transfer below $100
$1 for each transfer over $100
Business account fees $1.5 per transfer
|PaySafeCard||Up to 24 hours||
Payment limit: €1,000
Daily transaction limit: €2,000
|$10||9.5-15% depending on the transaction volume|
|Neteller||Instant (up to 48 hours max.)||Incoming limit €2,000 per day (1,000 limits on teenager accounts)||$10||
0% fee for transfers to merchant sites
Money transfer: 1,45% (min. $0.5)
As you can see, American Express is a financial provider with a strong reputation and a long presence in the market. Thus, its products are associated with advanced security. However, using the AmEx card for gambling transactions is not that easy; not all merchants accept it, while withdrawals of winnings to it are problematic. Thus, it’s recommended to stick to this payment method only in case other alternatives are not suitable.