mastercard casino ico

Are you interested in playing at a MasterCard casino, but are not sure where to start? You have come to the right place!

In our short guide, we cover everything there is about this payment method and continue to elaborate on what gives casinos that have MasterCard distinctive advantages against their competitors. Stick around to find out more about the best MasterCard casinos!

Top Mastercard Casinos 2024

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Mastercard Casino Banking Guide

In this part of the guide, we will break down the entire process of using the popular card to handle transactions on gambling sites. The good news is that most casinos these days can be described as online casinos that accept MasterCard. This method is simply so popular.

How to Get a MasterCard?

MasterCard is, as you probably know, a banking card, therefore, it is issued by many major banks in India. If you wish to play at an online casino that accepts MasterCard, you will have to open a bank account at one of the following banks:

Once you have the account open, ask the teller to provide you with a MasterCard, and add some money to your balance, so you can proceed to play at your MasterCard casino online.

Mastercard Casino Deposit

Now it’s time to fund your account at the casino MasterCard of your choice. The procedure is very simple and intuitive, and most modern platforms will instruct you on what to do. Here’s a short summary.

  1. Log in and find the banking section
  2. Choose MasterCard
  3. Enter the amount you wish to transfer
  4. Enter the card details
  5. If necessary, authorize the transaction via your banking app

Mastercard Casino Withdrawal

Best MasterCard casinos made sure you get a fair gaming experience, so sooner or later, you will want to cash out. Before doing so, make sure you are eligible for a withdrawal, or in other words, you have wagered everything according to the rules in online casinos accepting MasterCard.

Then do as follows:

  1. Log in to your top MasterCard online casino
  2. Find the banking section and choose withdrawals
  3. Enter the amount you wish to cash out
  4. If necessary, enter the banking information from your card

Withdrawal Times with MasterCard

The best MasterCard casinos try to keep the withdrawal times via this method as reasonable as possible. Typically, the casino will need between 1 and 3 business days to approve the payment.

Then, it may take an additional day or two to receive the money. The best MasterCard casino sites rarely take longer than 5 days to complete the entire process.

Fees and Costs with MasterCard

Top MasterCard casinos will rarely apply any fees to your MasterCard withdrawals. Still, there are some that could charge extra. The total cost of processing may vary, so we strongly recommend reading withdrawal terms to learn what to expect.

Our Verdict to MasterCard

Criteria Our Rating Our Thoughts
Usability ⭐⭐⭐⭐/td> Once you pay a visit to the bank, and get your card (it may take more than a week), you’ll be able to handle the transactions with ease. However, the mere amount of effort required prevents us from giving this method a 5-star rating.
Fees ⭐⭐⭐ This could be a 5* rating or a 1* rating, all depending on how your online casino that takes MasterCard handles and imposes fees. The best MasterCard casinos online will have no to very reasonable fees, while others may charge you more than necessary. This rating is a middle ground.
Payment Speed ⭐⭐⭐ Deposits are instant, but considering that withdrawals may take up to 5 days to be completed, we simply can’t give it the highest mark. There is a lot of room for improvement.
Payment Limits ⭐⭐⭐⭐⭐ On the other hand, when playing at MasterCard casinos in India, you’ll be able to make bigger transactions than with most other payment methods. If you are a high roller, this is one of the very few methods that will work with your budget.
Reputation ⭐⭐⭐⭐⭐ MasterCard is a global payment method that has been around for decades. It is also a part of all major banking corporations, so you Can be sure it has a stellar reputation.
Popularity in India ⭐⭐⭐⭐ MasterCard is accepted almost everywhere in India: restaurants, bars, shops and online stores. However, most Indians prefer alternative payment methods, so it is not as popular as one would think.

MasterCard Pros & Cons

Now, let’s sum up what are the biggest advantages and disadvantages of using this card at MasterCard casinos online.

Pros

The biggest perk of using MasterCard is safety. If you choose to play at MasterCard deposit casino, you will have big banking and card companies to watch your back, and make your transactions as safe as a baby in the mother’s arms.

Another benefit is that it is universally accepted across the globe. If you travel a lot or want a payment method that will pretty much do everything you need, MasterCard is one of the top options.

Ultimately, MasterCard is a payment method available at almost all online casinos. It is well-represented on the gaming scene, so you’ll have a much broader variety of brands to choose from.

Cons

The biggest disadvantage of MasterCard is the lack of privacy, especially if the card is connected to your bank account. Your casino transactions will be shown on monthly statements, and there are plenty of players who don’t want that.

Furthermore, MasterCard involves many fees that add up. You will have to pay for the occasional casino withdrawal fee, as well as bank account maintenance. If you get your card with an e-wallet, be ready to pay exchange fees and processing fees. MasterCard rarely comes cheap!

In the end, know that withdrawal times with MasterCard are longer than with e-wallets and cryptos.

MasterCard Compared to Other Popular Payments in India

MasterCard and Visa hold 90% of credit card banking payments in India. Still, the players from our subcontinent are more prone to using alternative payment methods and online payment systems. The reason behind it is the lack of trust towards traditional banking institutions in our country.

Can the tables turn? Very likely. At the very beginning of 2023, the Reserve Bank of India announced it is open to grant Visa and MasterCard access to the country's popular online payments protocol – UPI.

If the announcement comes true, MasterCard could find itself amongst the most used payment methods. Until then, it will be PhonePe, UPI, PaytM and other local innovations that rule the market.

MasterCard Gambling Alternatives

Okay, so you think MasterCard is not the right method for you and your transactions? Then you can pick between multiple other methods.

Mastercard casinos in this day and age offer more than just one option, and it is not that difficult to find something to suit you. We decided to introduce you to the most popular ones.

Paytm

Paytm is an Indian digital payments and financial services company, based in Noida, and therefore, more appealing to Indian consumers than most global alternatives. Dubbed “India’s favourite payment app”, it allows players to do more than just deposits.

With PayTM you can recharge, pay bills, book flights and movie tickets, open a savings account, invest in stocks or mutual funds, and do a lot more. The platform does charge some transaction fees, but considerably less than MasterCard.

UPI

Players who prefer smaller transactions will very likely fall in love with UPI. Unified Payments Interface enables customers to make instant transactions, meaning, your waiting time will be much shorter than with MasterCard.

One of its mean limitations is that it is focused on the mobile app, more than desktop payments, so players have to be ready to use their smertphones.

Netbanking

Netbanking might seem pretty similar to MasterCard, and it is. At the same time, it is very much different, especially if you use MasterCard credit card and not a debit one.

Just like the banking card in question, it is a relatively slow and traditional, and less private payment option, albeit a safe one.

PhonePe

PhonePe is yet another Indian product, much beloved among casino crowds. PhonePe is a payment gateway that combines UPI, investment, insurance, and many other financial needs under one roof. It combines many popular features while keeping the UI simple, straightforward and above all safe.

Top 5 MasterCard Casinos in India

Do you like MasterCard after all? Here are the best Mastercard casinos to play at, and all of them accept MasterCard for both depositing and withdrawing. Let’s see what the top league looks like!

MasterCard Bonuses at Casinos

Before we continue, we have to let you know that certain payment methods such as Skrill and Neteller don’t support casino bonuses. If you make a deposit using them, you won’t be eligible for a bonus. At least that is the case at many online Mastercard casinos.

Fortunately, MasterCard sets no such restrictions, and customers can activate all sorts of deals and offers. It all boils down to what the casino prepared for you. Here are the most common bonuses you can get with MasterCard!

No Deposit Bonus

Free signup bonuses are not as frequent as they used to be, but if you can get one, make sure to do so. Available without a MasterCard deposit, this kind of deal lets you test the casino for free. Yet, beware!

The bonus terms attached to it are quite complex, and often include win limits, cashout limits and a high rollover requirement.

Example of a no deposit bonus for MasterCard users: “Sign up and get 10 free spins on Book of Dead”

Welcome Bonus

A welcome bonus is, to your pleasure, a standard part of any casino. It is a type of deal, dedicated to new consumers willing to make a deposit.

In terms of shape and size, it ranges from small deals, to gigantic packages with free spins, chips, and whatnot.

Example of a welcome bonus for MasterCard users: “INR100,000 bonus + 200 free spins”

Reload Bonus

It is no surprise that the best Mastercard casinos tend to offer more value for your money. The best way to do so is by creating reload bonuses. Reload or deposit offers may be deposit-based, rely solemnly on free spins, or both!

Occasionally, you may even see a cashback or two. Oftentimes, these bonuses may be related to a certain day of the week.

Example of a deposit bonus for MasterCard users: “Deposit on Tuesday and get 100 FS”

Casino Games with MasterCard

MasterCard is one payment method that enables players to enjoy the entirety of gaming repertoire at any casino. With such a great variety laid out in front of them, players should know what certain genres are bringing into the mix, so let's take a look.

FAQ

What is the minimum deposit with MasterCard?

The minimum deposit casino amount you can make at a MasterCard casino will be determined by the casino team. Typically, it's a user-friendly amount, not bigger than $20.

Is it legal to use MasterCard for gambling?

Yes, it is legal to use MasterCard for gambling activities in India. Still, we advise you to double-check if online gambling is allowed in your state. Consult the local authorities.

Do I have to verify my account before a MasterCard withdrawal?

Essentially, yes. The verification process for MasterCard withdrawals may happen when you make the first withdrawal, or at any other point in time, as explained in the casino policies.

Is MasterCard available in entire India?

Pretty much – yes! MasterCard card can be used with many banks in India, and there is probably one or two in your area that supports it. Take a look at our list of banks above, or simply ask around.
Author
Experience:3 years

Hi, I’m George, born in the USA, but currently living in India where I came to find my roots. I have been a part of the CasinoHEX.in team ever since the launch in 2019.

Beforehand, I was a dealer at a small casino in Reno, but have decided to take my life to India, and my passion for the gambling industry online, and this position is the perfect opportunity to share all the tricks of the trade.

Working in the dynamic Indian market has been challenging, but it’s a pleasure to see the industry grow and go in the right direction thanks to us and our efforts.