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    • Gordon the Moron
    • By Gordon the Moron 19th Sep 06, 10:30 AM
    • 1,417 Posts
    • 719 Thanks
    Gordon the Moron
    • #2
    • 19th Sep 06, 10:30 AM
    • #2
    • 19th Sep 06, 10:30 AM
    Most card apparently treat gambling as cash advances, your best bet would be probably to ring round all the card providers you can think of or go in all the branches of banks/building societies in your nearest high street and ask. It will be buried in their terms and conditions but checking all of them will take longer.

    I don't use gambling sites (and I wouldn't recommend them to anyone, but its your money so your choice) so I don't know which do and which don't charge. If you can't find one that doesn't charge how about opening a current account with a high street bank that doesn't require you to deposit a fixed amount or your salary into it then just deposit what you need for gambling in it and using the debit card, provided you can get a visa debit card that shouldn't be a problem and if you don't have the cash to gamble with you shouldn't be borrowing to do it with a credit card.
  • Adam1978
    • #3
    • 19th Sep 06, 4:30 PM
    • #3
    • 19th Sep 06, 4:30 PM
    I can confirm that First Direct don't and I don't think Barclaycard do either though haven't tested this myself.

    You might get a better response on the Gambling Introductory Offers board where people will be regularly using credit cards on gambling sites.
  • sdj25
    • #4
    • 19th Sep 06, 5:27 PM
    • #4
    • 19th Sep 06, 5:27 PM
    None of them will give you this free - as Gordon the Moron (nice name) pointed out, they treat it all as Cash Advances. Which not only come with a handling fee, but also a nice large APR as well.

    ==== edit =====

    if you have to use it for gambling, which again I agree with GtM; Nationwide, Tesco and &more have a cash advance fee of 2% (!!!163;2 min, no max).
    Last edited by sdj25; 19-09-2006 at 5:32 PM.
  • bargains83
    • #5
    • 19th Sep 06, 8:34 PM
    • #5
    • 19th Sep 06, 8:34 PM
    Barclaycard definately don't charge a cash advance fee for gambling transactions. They are treated as purchases and you pay the standard purchase interest rate. However, as others pointed out, gambling on credit cards is not a good idea since there is the risk of 'temptation' leaving you financially crippled with a Maxed out card. You also have to think of it like this, If your going to gamble !!!163;100 and lose, you might end up paying interest on that !!!163;100.

    It is far more sensible to use a debit card if you do gamble
  • Adam1978
    • #6
    • 20th Sep 06, 1:18 PM
    • #6
    • 20th Sep 06, 1:18 PM
    None of them will give you this free - as Gordon the Moron (nice name) pointed out, they treat it all as Cash Advances. Which not only come with a handling fee, but also a nice large APR as well.

    ==== edit =====

    if you have to use it for gambling, which again I agree with GtM; Nationwide, Tesco and &more have a cash advance fee of 2% (2 min, no max).
    by sdj25
    Wrong! As I've already stated, First Direct do not charge a cash advance fee for gambling transactions and, as somebody else has now confirmed, neither do Barclaycard.
  • sdj25
    • #7
    • 20th Sep 06, 2:04 PM
    • #7
    • 20th Sep 06, 2:04 PM
    Well I stand corrected Adam.

    I shall change my answer to "most of them will charge you"

    sorry for being "Wrong!"
    • Chadsman
    • By Chadsman 20th Sep 06, 2:41 PM
    • 1,019 Posts
    • 359 Thanks
    Chadsman
    • #8
    • 20th Sep 06, 2:41 PM
    • #8
    • 20th Sep 06, 2:41 PM
    I use Nationwide, Morgan Stanley and Skycard at various bookies without ever being charged a cash advance fee.
    I matched bet but I NEVER gamble- I ALWAYS make a profit
    Skycard even give me a free 5 skybet for every 250 spend.
    God save the Queen!
    I'll save Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt.
  • noff
    • #9
    • 25th Sep 06, 2:05 PM
    • #9
    • 25th Sep 06, 2:05 PM
    Chadsman

    I wanted to take out a Sky card for that very reason as I turn over a substantial amount of money in gambling transactions. I phoned them a couple of months ago and was told that gambling transactions are deemed to be cash advances. I phoned them again 2 minutes ago on the basis of your quote and was told again. I am sure that you haven't been charged at all however I am wondering if you could tell me whether you are betting with companies that sound like bookies or bookies that go thorugh a third party to maybe get around this. You feedbacl would be appreciated.
    • Chadsman
    • By Chadsman 25th Sep 06, 5:52 PM
    • 1,019 Posts
    • 359 Thanks
    Chadsman
    I bet with normal betting sites direct... nothing fancy.
    I have had the Skycard for about 7 months and never yet been charged a cash advance fee for deposits at any bookie including
    bet365, totesport, premierbet, totalbet, betfred, sportingodds, sportingbet, betuk, victor chandler, bluesq, paddy power, betdirect, skybet, extrabet, ukbetting, stan jmaes, ladbrokes and coral.
    I would imagine the CS rep didnt know the answer so rather than say there is no fee and then risk a fee appearing on a statement and have you complain, it was safer to say no, because no one is ever going to complain they were told they would be charged a fee and then they were not!
    Try ringing them again and asking which is the exact clause in the T&Cs that specifies a fee would be levied for use at bookies.
    God save the Queen!
    I'll save Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt.
  • wilky80
    Thanks everyone, I've applied for Sky Card as it is also run through Barclay card. I do use a debit card on my seperate betting account, but the credit card is there for back up should I need it. Don't worry, I am sensible and know when to stop if my system lets me down (which I doubt)
    • Tr@cker
    • By Tr@cker 26th Sep 06, 1:03 PM
    • 517 Posts
    • 132 Thanks
    Tr@cker
    I agree with GTM but i'd go a bit further-NEVER, EVER use credit cards to gamble with. Its a fast growing problem on the internet and a significant number of people are in dire trouble with it.

    P.S. Anybody who tells you they never lose at betting are incurably self-deluded.
    • doogie
    • By doogie 26th Sep 06, 1:25 PM
    • 831 Posts
    • 197 Thanks
    doogie
    P.S. Anybody who tells you they never lose at betting are incurably self-deluded.
    by Tr@cker
    Not if they frequent http://forums.moneysavingexpert.com/forumdisplay.html?f=41
    Shuffle up and deal!
    • Chadsman
    • By Chadsman 26th Sep 06, 3:15 PM
    • 1,019 Posts
    • 359 Thanks
    Chadsman
    P.S. Anybody who tells you they never lose at betting are incurably self-deluded.
    by Tr@cker
    ...apart from those that use a good arbing site
    God save the Queen!
    I'll save Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt.
  • rakesh
    does anyone know if you can use MBNA cards - i rang CS and they said that it will b treated as a cash advance, although the CS advisor did not sound sure or convincing........

    Furthermore does anyone know if you can transfer the money [originally from the credit cards] from gambling sites on2 a debit card.....?????
    • Chadsman
    • By Chadsman 26th Sep 06, 6:04 PM
    • 1,019 Posts
    • 359 Thanks
    Chadsman
    MBNA issued cards DO charge a cash advance fee for deposits at bookie
    You can with some bookies transfer winnings funded by a credit card back to a debit card, more frequently you can BACS it to a current account. With other bookies winnings can only be sent back to the card that originally funded the account.
    God save the Queen!
    I'll save Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt.
    • Gordon the Moron
    • By Gordon the Moron 20th May 07, 12:04 PM
    • 1,417 Posts
    • 719 Thanks
    Gordon the Moron
    Does anyone know if Nationwide charge a cash advance fee for gambling, I want to use mine to put some money into a pokerstars account, after the advice I gave above lol.

    The reason for that though is a friend of mine who doesn't have a card that they will accept (he's just turned 18 and doesn't have anything but a crappy cashcard, not even solo or electron) wants me to put some money on for him and he's going to pay me the cash, it is going in as dollars so I want to use a Nationwide card, it can be either my debit or credit card, using the debit card I'll have to pay the money in first as there's not enough in my account, using the credit card I can pay it off with the rest of my card bill, much easier if they don't charge a fee.

    Also does anyone know if Egg treat it as a cash transaction or a purchase, if they treat it as a purchase and he wants me to do any transaction in !!!163; for him I could use that for cashback, I somehow doubt they're that daft though.

    Da Moron
    If you don't like what I say slap me around with a large trout and PM me to tell me why.

    If you do like it please hit the thanks button.
    • Chadsman
    • By Chadsman 20th May 07, 12:39 PM
    • 1,019 Posts
    • 359 Thanks
    Chadsman
    Nationwide treat betting as a purchase, Egg treat it as a cash adavance.
    HTH
    God save the Queen!
    I'll save Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt.
    • Gordon the Moron
    • By Gordon the Moron 20th May 07, 3:07 PM
    • 1,417 Posts
    • 719 Thanks
    Gordon the Moron
    Cheers mate

    Da Moron
    If you don't like what I say slap me around with a large trout and PM me to tell me why.

    If you do like it please hit the thanks button.
    • Gordon the Moron
    • By Gordon the Moron 20th May 07, 3:08 PM
    • 1,417 Posts
    • 719 Thanks
    Gordon the Moron
    Just curious, is there anything to stop someone with a 0!!!37; on purchases card that treats gambling as a purchase putting the whole balance into something like a poker account and then cashing it out somewhere else without making a bet?

    Da Moron
    If you don't like what I say slap me around with a large trout and PM me to tell me why.

    If you do like it please hit the thanks button.
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