Mastercard Debit Online Bingo Deposits & Withdrawals
MasterCard Debit is a reliable and secure banking method for online bingo players. Considering they’re used by the masses. debit cards are an essential part of the cashier offering. Who doesn’t have a debit card, right? It’s useful for players who don’t know how or don’t want to use alternative payment methods like e-wallets. MasterCard Debit serves as a direct line for transactions from your bank account.
Why Use MasterCard Debit Across Online Bingo Sites?
The MasterCard logo is present among the best online bingo. It’s a long-standing brand that has seen success across all industries, the online gambling industry included. The worldwide recognition helped the brand stay in the financial sphere longer than any other and reach industries thanks to many of the cards and services it offers.
Starting out as a membership organization in the US 1966, founded by United California Bank, the Bank of California, Wells Fargo and Crocker National Bank and later receiving over 25,000 other financial institutions in their share-holders pool, the brand first started issuing Master Charge cards. These cards were only used in the US, but their great power and qualities didn’t go unnoticed by countries from all across the world. In the meantime, the company started issuing all kinds of credit cards, rebranded to MasterCard, and in 1979, launched the first MasterCard Debit card.
The debit card, much like any other card, was based on the underlying relationship with banks. You need to have a bank account in order to get issued a card. It functions just like credit cards, but with one important difference. The debit card only allows you to use the money you have in your bank account. In the case of credit cards, which are based on a line of credit, it’s possible for customers to spend beyond their mean. Therefore, MasterCard Debit is an excellent option for those who do not have a line of credit or established poor credit history.
It is especially important for UK players since the UK implemented a prohibition, and now players are banned from using credit cards for online gambling. Needless to say, the debit card is accepted all over the globe, in more than 180 countries and territories, therefore, wherever you’re from, you can rest assured that you’ll be able to play your favourite online bingo games.
Ready to Get Started with MasterCard Debit?
The majority of banks issue either Visa or MasterCard. All you need is an account with a financial institution that’s authorized to issue MasterCard Debit. There are three types of MasterCard Debit including Standard, Enhanced and World Debit MasterCard, each fitted for different users and each arriving with its own requirements and fees.
So, just submit your application and you’ll receive your card in about a week. You can have the bank send it to you to your home address or you can make another visit to the bank to claim it. Either way, the card will arrive in a sealed envelope, containing the PIN, CCV2 and other codes you may need for authentication. Keep those codes safe, as you never know when you’ll need them.
How to Deposit at Online Bingo Sites with MasterCard Debit?
The best part about depositing with MasterCard Debit is that the actual process of funding your account with it is incredibly effortless. Before we get into it, choose a licensed bingo site and create an account. Card verification may be required as part of the registration process.
To deposit:
- Choose the “Deposit with Credit/Debit Card” option.
- From the list of offered credit/debit cards, select MasterCard Debit.
- Enter the 16-digit card number, expiry date, your name as the cardholder and the CCV2 code on the back of the card.
- Specify how much you wish to deposit and confirm the transaction.
- In an instant, the funds will be available in your bingo balance!
MasterCard Bingo Cashouts
At this point, your card details are already saved with the bingo site making the withdrawal process even easier!
- Visit the cashier.
- Enter the cashout amount.
- Wait for the operator to approve your request.
Be prepared to wait for 3 to 5 business days for the money arrive in your bank account.
Accepted Currencies
Since MasterCard Debit is a worldwide product, all countries’ currencies are accepted currencies. Your default currency, meaning the currency used for your bank account, applies.
Transactions are accepted using many currencies such as:
- UK Pound
- US Dollar
- Euro
- Australian Dollar
- Swiss Franc
- Canadian Dollar
- Swedish krona
Applicable Fees
Standard MasterCard Debit transactions are generally free as long as currency conversion isn’t involved. It’s a good idea to check the fee listing for your specific card as each financial institution may have a unique set of fees. This could also depend on the type of card you have. Also, any reputable bingo site would not charge for a deposit using MasterCard, but it’s also best to check the T&C’s.
Restricted Countries
MasterCard Debit is accepted all over the world, in more than 180 countries and territories.
Bear in mind, though, that some countries do not issue debit cards at all, or have forbidden their use. So, before you consider using this card, make sure to check this fact. While highly unlikely, you might be playing from a country where MasterCard Debit is not available.
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Can I use the MasterCard Debit card when playing across mobile bingo sites?
Yes. In fact, there isn’t much of a different from desktop to mobile. With the exception of a few cashier options, deposit and withdrawals can be processed via mobile device. Simply access the bingo site via your smartphone or tablet and make deposits and withdrawals as normal.
Is there a Customer Support service I could contact in case of a question or a problem?
The contact for debit cards is always the card issuer, your financial institution. MasterCard has a Customer Support team on hand to handle lost/stolen cards and other emergency services. In terms of transaction information, declined deposits and other account/card specific questions, reach out to the issuing bank.
Will I find many bingo sites that accept MasterCard Debit for withdrawals?
MasterCard Debit is not accepted by ALL bingo sites for deposits, but if it is, you’ll always find it available for cashouts. The alternative is almost always VISA.
If I used a different payment method for deposits, will I be able to request a withdrawal with MasterCard debit?
If you deposit using a debit card, the cashout must be requested using the same card. Different rules apply for prepaid card, but in the case of debit card withdrawals, players must use the same card used to deposit.
Are there hefty fees associated with MasterCard Debit?
Standard transactions in your local currency are often free, however, this could vary from issuer to issuer. Costs related to other services, like for lost/stolen card, additional card, or maintenance fee, will apply. Check the fees list or contact your issuing financial institution for a current summary of charges.
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