In this article, we shall take a much closer look at the payment option that is a Visa card. By the time you have read this article thoroughly, you will know everything that you need to know about this popular payment method. You will also know whether you want to use it as your main method of payment. So, let us crack on.
|Maximum Withdrawal||Fees||Time Process|
|Visa||Depends on bookie||Depends on bookie||Depends on bookie||Depends on bookie||No deposit or withdrawal fees from bookie|
Bank will charge a nominal fee
Instant for deposit
Some delay for withdrawals (depends on your bank)
What is Visa?
Visa is up there as one of the most well-known credit cards, which is why it is widely accepted and often used by customers at online betting sites. When you make a deposit using a Visa card the money will appear in your sportsbook account right away. To add to this, those who use Visa cards will often qualify for the Welcome Bonus and any other promotions that the bookie provides.
When it comes to making a Visa deposit, the process that you will need to go through can be seen below:
- Make sure that your card is valid.
- Log in on your bookmaker account and head on over to the banking page.
- Click on the “Deposit” option and then choose the option that allows you to deposit with a Visa card.
- Enter the amount that you would like to deposit and then fill in the information required.
- You will get a notification if the payment has been successful and you can start your gambling right away.
How to Open a Visa Account?
A Visa can be supplied to you by the bank that you are a customer with. Therefore, if you have a bank account and do not yet have a Visa card, get in touch with your bank and ask them what type of Visa cards they supply. If you like what they are offering, ask them to set you up with one and you should get your visa card delivered to you within a week or so. They will be more than happy to help you set one up and the process is very straightforward.
If you do not feel like calling them, then you can check their online site and most banks will have information regarding the different type of cards that they are offering. You might even be able to apply for a Visa card directly from their site. If you can, simply fill in all of the information that is required of you and you should get your Visa card delivered to your house in no time.
Fees and Commissions for Visa
When you use your Visa card to deposit at a bookmaker that you have an account with, you will not usually be charged an additional fee by the bookmaker themselves. However, depending on the bank that you have an account with, there might be a small fee that you will have to pay. However, it will not be the type of fee that will get you worked up.
When it comes to making withdrawals, once again, the bookmaker will more than likely not charge an additional fee, but you might find that your bank does. At the end of the day, the fees that you will be charged will depend entirely on the bank that you are a customer with.
If you would like to know about any fees before you make a deposit or withdrawal transaction, simply get in contact with your bank and ask them. They should be more than happy to give you the answers to any questions that you ask them.
Our Opinion about Visa
What makes Visa cards so convenient is that you will only have to give over your card details once. Your information is then stored on safe servers so that when you want to make the next deposit, you can do so in a matter of seconds. Another great thing about Visa cards is that they can be used to make withdrawals. This is something that you cannot usually do with credit cards.
When you make a Visa deposit, you will not usually be charged a fee by the bookmaker that you are depositing with, but credit card users often are. So, this is yet another perk of using a Visa. However, the company that issued your card might apply a nominal transaction fee, but this will be quite a small fee.
If you do not have a Visa card, then we highly recommend that you get one as they are very convenient. It is one of the most popular payment methods at sportsbooks and it would not have become such if there were a lot of issues with it.
The nominal fees that are charged have certainly not put anyone off from using it as a payment method.
What You Need to Know About Visa
Below are some questions that are frequently asked in relation to Visa cards.
What is the Minimum Deposit?
This is never an easy question to answer because it depends on the sportsbook that you are using. Bookmakers do not have to have the same minimum deposit amount, so you could have an account at two sportsbooks and find that the minimum deposit for a Visa card at one is just N50, while at the other one it stands at N100. So, in order to answer such a question, you must check with your individual sportsbook.
What is the Minimum Withdrawal?
Just like with the minimum deposits, the answer to this question is that it also depends on the bookmaker you have opened an account with. So, if you want the precise answer to this question, you are going to have to check with your bookie.
What is the Delay for Depositing or Withdrawing?
When you go ahead and make a deposit at a bookie using your Visa card, then you will find that the funds that you deposit will appear in your sportsbook account almost instantaneously.
If you are making a withdrawal using your Visa, then there will usually be a bit of a delay while the transaction is processed. What this delay is will, once again, depend on the bank that you are using. It could be anywhere between 3-5 working days.
Are There Any Deposit or Withdrawal Fees?
When you make a deposit or a withdrawal using a Visa card, the bookmaker will not charge you any additional fees. However, that is not to say that your bank will not. In fact, for deposits and withdrawals, it is highly likely that you will be charged a nominal fee. Once again, what this fee will be exactly will depend on the bank that you are a customer with. If you want to know what it is before making a deposit or withdrawal, simply get in touch with a customer care agent and they will fill you in with all of the details.