Casino Deposit Fees Explained
When you are making a deposit at an online casino it is less than pleasant to be charged fees: in short, you just transfer the money into your account so losing a small amount only to this movement doesn’t seem fair. Unfortunately, though some online casinos do charge ‘administrative fees’ when you make a deposit. The positive thing though is that the vast majority of casinos brands will not charge you a single penny when making a deposit. And we believe this is right so on CasinoBiggestBonus.com you will find only brands that do not charge deposit fees.
There are many ways of making a deposit into your casino account: for this reason, be prepared that deposit fees will vary depending on the method you are going to choose. To avoid disappointments, we suggest you check in advance what are the fees to expect before you make the deposit directly on the casino site. Usually, information about casino deposit fees is located in the ‘Banking’ section of the online casino website. You will also be able to find fees list in the casino’s cashier and be informed while you are processing the deposit.
As we have mentioned the best casino brands will not charge you to make a deposit, but this obviously depends on where you are located. If you are in the UK or in Europe, you can get away without paying any fees, but if you are doing an international transaction then you might get charged by your own bank: this fee has nothing to do with the online casino. We suggest that you do a small search before you go ahead with the deposit: this will avoid you bad surprises especially if you are planning to deposit a significant amount. One thing is losing while playing but surely you don’t want to waste part of your bankroll just because you get high charges.
So in online casino deposit fees, there are some variances to consider: the casino (some casinos do not charge fees) and also the country where you live and the bank you are using. The vast majority of online casinos will not charge you any fees when you deposit with a credit or a debit card: again it might be different rules depending on the country you are in so best to double check before.
If you are charged a fee, this is generally in the region of 0 to 2.5% of your deposit. It is also essential that you check when making a deposit if you will receive a casino bonus: most online casinos offers have a minimum deposit amount that has to be met to receive the offer. So before you go ahead and place the first deposit do check that you are meeting the minimum requirement for the bonus: if you are charged a fee you need to ensure that after the charge your deposit is at least the same as the minimum deposit requirement.
Another thing to consider is that some online casinos are only charging fees for small deposits: so if you are over a certain amount you will not get any fees.
Nowadays many people are using e-Wallets to deposit into online casinos. Similarly to what we have seen with credit and debit cards, the majority of online casinos will not charge any fees for e-Wallets deposits. It is essential however what are the charges from your bank account to the e-Wallet: depending on the company you use this can be up to 3%.
You should check with your e-wallet company regarding their fees. You may come across some casinos that will charge you a fee when you deposit with an e-wallet. Whether the money is already in your e-wallet account or you are completing a bank transfer through your e-wallet account, you could be charged a fee of up to about 5%.
Some countries do have pretty limited options for depositing, and some methods are costly like Western Union. This is because the majority of online casinos will charge fees for these type of deposits. Bank wire transfers can also have high costs if you are located in certain countries: it is strongly suggested that you check what are the fees of the end ot end transactions to avoid bad surprises.
So, in summary, you should remember that the majority of online casinos will not charge you for making a deposit. It is important however to remember that every casino has their own rules and also do apply differently depending on which country you are located. For this reason, the best thing to do is to check the fees that will apply to you beforehand in the casino’s ‘Banking’ or ‘Cashier’ section.