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funding online gambling with credit card

jp99_3
jp99_3 Posts: 13 Forumite
in Credit cards
Hi,

Any ideas on whether an online gambling site classes a credit card deposit as a cash advance or a standard transaction ?

If cash advance, anyone know a credit card search site, that searches on cash withdrawal rate / charges ?

Cheers,

Comments

  • micheleen
    micheleen Posts: 1,635 Forumite
    1,000 Posts Combo Breaker
    It's been a standard transaction on the odd times I've done it, BUT you generally can't withdraw cash back to a mastercard for some reason. Visa seem to let you though.
    :j The £2 CSC = £48 in carton
    £100 banked Mar 06
    V-Free : 4 weeks :)
  • mephisto_2
    mephisto_2 Posts: 44 Forumite
    I know egg treats casino deposits as standard transactions. Only reason why I use it!
  • biblejohn
    biblejohn Posts: 553 Forumite
    I use credit cards for most of my online gambling without any problem. The betting sites/casinos i use class it as cash payments with no extra fee`s.
  • Niteflyer
    Niteflyer Posts: 1,403 Forumite
    Amex won't let you use their card for online gambling apparently! :)

    Matt
    "I Assume I Need No Introduction"
  • jp99_3
    jp99_3 Posts: 13 Forumite
    Thanks for the responses, I use a card when needing bigger funds for a sports arbitrage, just wondered whether I would be getting charged for a standard transaction, or a cash withdrawl. Sounds like some bookies are different to others.

    I am going to get a seperate credit card for this from other uses, and might as well look for one that has a low charge/interest rate for cadh withdrawals, and a decent cashback.
  • DesG
    DesG Posts: 1,291 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    MBNA charge as a cash withdrawal.

    Cheers, Des.
  • wywywywy
    wywywywy Posts: 133 Forumite
    Some Halifax cards (i.e. Carphonewarehouse & Amazon card) don't charge a fee, and give cashbacks.
This discussion has been closed.
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