Mastercard stands out as a leading payment method worldwide for online casinos, highly esteemed for its reliability. It’s a rare occurrence to find a New Zealand online casino operator that doesn’t accept Mastercard.
This guide will cover everything essential about this payment method, detailing its features and the online casinos that facilitate its use.
Comparing Mastercard Casinos Deposit And Withdrawal
Let’s compare the withdrawal and deposit limits and withdrawal times for Mastercard at the best New Zealand online casinos.
Mastercard Casino | Deposit Limit | Withdrawal Limit | Withdrawal Time |
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Leo Vegas | $20 – $5,000 | N/A | N/A |
Spinz | Minimum: $10 | Minimum: $10 | 2 – 5 days |
Lucky Dreams | $30 – $10,000 | N/A | N/A |
Just Casino | $30 – $10,000 | N/A | N/A |
Let’s Lucky | $30 – $10,000 | N/A | N/A |
Spin Casino | Minimum: $5 | N/A | N/A |
Bet And Play | Minimum: $30 | Minimum: $30 | Instant |
Rizk | $10 – $2,500 | N/A | N/A |
Winawin | $20 – $4,000 | $20 – $750 | 3 – 5 days |
Cobra Casino | $15 – $6,000 | $30 – $750 | 3 – 5 days |
Depositing at New Zealand Casinos Using Mastercard
Depositing at NZ online casinos using Mastercard is a straightforward process that can be done using desktop and mobile devices. Here’s a step-by-step guide to funding your casino account:
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1Apply for a MastercardIf you don’t already have a Mastercard, apply for one.
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2Create an accountCreate an account with one of our recommended NZ Mastercard online casinos.
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3Go to cashier sectionAt the cashier section select Mastercard, and enter your credit card details. This contains the CVV code, expiration date, and card number. Next, fill in the desired amount to be deposited.
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4ConfirmFor security reasons, you might need to confirm that you are the one making the transfer. This can be accomplished with a mobile application or with personal passwords.
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5Get bonusBonuses that you qualify for will be added to your account along with your deposit.
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6PlayYour deposit should instantly be reflected in your casino account. You can now go play your favourite casino games.
How To Withdraw Your Winnings Using Mastercard
- You will need to provide identification while making your initial withdrawal, which includes a copy of your identification ID and a current power bill. Usually, this process takes no more than 72 hours. The conditions of use page contains a detailed description of all the documents as well as clear directions.
- Your withdrawal request will be handled by the casino staff promptly as your identity has been confirmed. Withdrawal requests are usually approved rather quickly at NZ Mastercard casinos.
- The only waiting period left is your bank’s when your withdrawal is approved by your Mastercard casino in NZ. The time it takes for your funds to appear in your account could be within ten business days.
What is The Transaction Limit For Mastercard?
Depending on the kind of transaction, different Mastercard transaction limits apply in New Zealand. The maximum for contactless payments was momentarily raised to NZ$200, making it possible to make payments more quickly and safely without having to provide a PIN.
The daily restriction can be substantially higher for other transactions, like online transactions, with some banks putting a cap of NZ$20,000 each day. To find out the most recent and correct transaction limitations for your Mastercard, it’s best to inquire with your particular bank.
The Mastercard transaction limit at New Zealand online casinos can differ significantly. Withdrawal limits at the majority of reputable Mastercard casinos might be NZ$4,000, while others do not have a limit depending on the particulars of the casino.
Advantages and Disadvantages of Using Mastercard For Online Casino Transactions
Advantages
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Widespread Acceptance
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Secure Transactions
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Instant Deposits
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Eligible for bonuses
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Customer support
Disadvantages
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Delayed Withdrawals
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Risk of overspending
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Risk of gambling addiction
Are There Any Casino Bonus Restrictions If I Use Mastercard
Some limitations and requirements pertain to bonuses while utilising Mastercard at online casinos. Consider the following important points:
- Wagering Requirements: Wagering requirements refer to the number of times you are required to bet with actual funds before you can cash-out your bonus winnings. These requirements are commonly linked to bonus offers.
- Deposit Limits: When utilising Mastercard, casinos may have predetermined limits for both deposits and withdrawals.
Comparing Welcome Offers at Mastercard Casinos
Let’s take a look at the welcoming bonuses offered by our recommended Mastercard casinos in New Zealand.
Mastercard Casino | Welcome Offer | Wagering Requirements | Bonus Eligible with Mastercard? |
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Leo Vegas | Up to $2,000 & 200 Free Spins | 20x | Yes |
Spinz | Up to $1,000 + 200 Free Spins | 35x | Yes |
Lucky Dreams | 100% up to $500 + 100 Free Spins | 40x | Yes |
Just Casino | Up to $5,000 +400 Free Spins | 40x | Yes |
Let’s Lucky | Up to $4,500 + 300 Free Spins | 40x | Yes |
Spin Casino | Up to $1,000 | 35x | Yes |
Bet And Play | Up to $2,500 + 500 Free Spins | 50x | Yes |
Rizk | 100% up to $1,500 + 50 Free Spins | 35x | Yes |
Winawin | 100% up to $750 + 100 Free Spins | 50x | Yes |
Cobra Casino | Up to $4,000 + 300 Free Spins | 40x | Yes |
Comparing The Best Mastercard Casinos by Game Category
Mastercard Casino | Best For | Number Of Games |
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Leo Vegas | Pokies | 3,200+ |
Spinz | Roulette | 1,150+ |
Lucky Dreams | Live Casino | 1,150+ |
Just Casino | Live Game Shows | 8,150+ |
Let’s Lucky | Video Poker | 2,150+ |
The Safety And Security of Mastercard
Mastercard is one of the most secure payment methods for online casino transactions, employing a range of security measures:
Mastercard Security Measures:
- Encryption: To safeguard data during transmission, sophisticated encryption technologies like Secure Socket Layer and Transport Layer Security are used.
- Data Protection: Adheres to strict data protection standards to safeguard personal details and financial information.
- Fraud Monitoring: Ongoing monitoring and anti-fraud procedures are implemented to identify and stop fraudulent transactions.
- Mastercard customer support (24/7 customer support): Provides round-the-clock assistance to resolve any security-related questions or problems.
Security Comparison with Cryptocurrency:
- Anonymity: Because they don’t need personal information to transact, cryptocurrencies provide a higher level of anonymity.
- Transaction Speed: Cryptocurrency transactions are usually quicker—some of them happen almost instantly.
- Lower Fees: The lack of middlemen in cryptocurrency transactions may result in reduced or no fees.
- Decentralisation: Cryptocurrencies are decentralised, eliminating the possibility of a single malfunction point and improving online gambling.
Although Mastercard is a reliable and safe payment option with strong consumer protection, cryptocurrencies have special benefits like anonymity along with even lower to no fees. The user’s priorities will determine which of the two they prefer.
Benefits of Using Mastercard Over e-Wallets in Online Casinos
In online casinos, using Mastercard has several advantages over e-wallets:
- Global Acceptability: Mastercard is a dependable and practical payment method that is accepted at almost all online casinos.
- Instant Deposits: Money is available right away, enabling smooth gaming.
- No Extra Fees: Using a Mastercard at a casino usually carries no additional costs.
- Enhanced Security: To prevent fraud, Mastercard provides cutting-edge security features including SecureCode authentication and EMV chip technology.
- Bonus Eligibility: Mastercard deposits frequently qualify for online casino promotions and bonuses, while e-wallet transactions may not be eligible.
Mastercard Alternative Payment Methods
A variety of widely accepted payment methods serve as popular alternatives to Mastercard for casino transactions, such as:
- POLi: The recommended option for immediate bank transfers, providing safe, quick transactions without requiring bank cards.
- PayPal: A popular digital wallet that offers buyer protection along with speedy and safe payments.
- Neteller: A popular e-wallet among gamers at online casinos, Neteller is renowned for its quick deposits and withdrawals.
- Skrill: A payment service that functions similarly to Neteller and provides speedy, safe transactions with minimal fees.
- Visa: Another well-known credit/debit card provider that offers dependable and safe payment processing and is accepted at almost all online casinos.