Prepaid Credit Cards Online Casinos

Before we begin, what exactly is a prepaid credit card – sometimes also called a prepaid debit card? A prepaid credit card is like a normal Mastercard or Visa card, except it’s not linked to your bank account. You have to preload the card with funds, and when you use it all up, you’ll have to reload your card. That’s why these cards are also called prepaid debit cards, since there isn’t technically a line of credit involved. This also means that there’s no risk of overspending beyond your budget – a fear that is often associated with credit cards.

Prepaid cards are offered by both Visa and Mastercard, and they look exactly the same as their regular credit cards. You can use your card online as well as in any shop – in NZ and overseas – that accepts Visa or Mastercard.  You can even withdraw cash from an ATM. And if you lose your card, you can stop the card and get the remaining balance transferred to a replacement card. So prepaid cards are also a popular choice for travellers who want to be extra safe while on the road. Since the card only works if you put money in it, anyone can get one without going through a credit check. This makes prepaid credit cards a great option for people who don’t have access to a line of credit, but would still like to have the benefit of having a credit card.

Practically every online casino will accept credit cards, and that means that you can use your prepaid credit card there as well.

Setting up a Prepaid Credit Card Account

In New Zealand, there are several options when it comes to getting your prepaid card. You can order one online and receive the card in the mail, or you can buy a prepaid card at any major bank without having a bank account there – Westpac and ANZ for example, offer prepaid Mastercards, while Kiwi Bank offers prepaid Visa. Alternatively, pop into your local PostShop – they offer both Visa and Mastercard. At PostShop, the prepaid Visa is also called a Prezzy Card. Anyway, whether it’s at a bank or at the post office, from there, you can buy a card, charge it with funds, and add a PIN number. There may be a minimum amount you need to deposit on this first charge. At Westpac it’s $20 for the card, with a minimum of $50 for your first deposit. At PostShop, a Prezzy Visa card only costs $5.95 and the minimum for your first charge is only $25.

Once your card is loaded, you’re ready to go shopping, or play at your favourite online casino for real money. And if you finish your funds, you can recharge your card through making a deposit at an ATM or at the bank, online, and even at retailers like Mobil, Super Value and 4 Square Supermarket if you’re using Prezzy.

Do note that there are transaction fees to prepaid Visa and Mastercards, which tend to be higher with banks than with the PostShop Prezzy option.

Why Use Prepaid Credit Cards at an Online Casino

Almost every single online casino will accept Visa and Mastercard. So with a credit card, the world of online gaming is your oyster. However, withdrawing from Mastercard can be an issue at some casinos because of Mastercard’s strict internal policy. However, this mostly applies to UK oriented casinos. Nevertheless, our tip is to go with Visa to make things easier.

The specific advantage of using prepaid Visa is of course that it’s not linked to your bank account, so not only do you protect your real bank account’s information by keeping it completely offline, but it also means you won’t accidentally dip into funds that you had planned for something else. And because there’s no line of credit, you can’t possibly spend over your budget. Thus, prepaid cards are great for providing an extra level of disciplinary measure against impulsive gaming and purchases.

Although e-wallets like Skrill and Neteller are also widely accepted and tend to have faster processing times, there are still players who choose to bank with prepaid Visa at online casinos. Even when there might be a small transaction fee involved. That’s because at some casinos, deposits made by Skrill and Neteller won’t be eligible for bonuses. For some, getting that bonus money is worth that small transaction fee. There’s also the added benefit that when you withdraw your winnings with Visa, it goes directly to your card balance and you can withdraw it as cash at an ATM directly. No more transferring funds around before it’s physically in your hands.

Our Prepaid Credit Card Casinos

With almost every online casino banking with credit cards, which one should you choose? Here are our staff picks for the best choices for Kiwis:

How to deposit with Prepaid Credit Cards at an Online Casino

So you have your Visa or Mastercard, and it makes no difference whether it’s prepaid or not. Now you’re ready to make a deposit at an online casino by following these steps.

  1. Login to your casino account
  2. Select “Banking”
  3. Select “Deposit”
  4. Choose the credit card – usually there’s Visa, Mastercard, and sometimes more.
  5. Enter the amount you want to deposit and your card information as per the form.
  6. The money will then be added to your casino account.

To withdraw funds

To withdraw your winnings with Visa or Mastercard, follow these steps.

  1. Login to your casino account and select “Banking”
  2. Choose “Withdraw”
  3. Enter the amount to withdraw
  4. Select your credit card from the options in the menu
  5. Submit Withdrawal Request
  6. Lots of casinos have a pending period before the withdrawal request is processed. This can go from a few hours to a couple of business days. During this time, you may cancel your withdrawal.
  7. Once the pending period is over, and the casino has processed your request, the payment will be sent to your card.
  8. Credit cards can take a few more days to a week before you see the money. That’s because the bank needs to process the transaction on their end too.


Credit cards will get you rolling at almost every single online casino. And with prepaid Visa and Mastercard, it’s all kept separate from your regular bank account and you can only play with whatever the balance is in the card. You don’t have to worry about going over budget and you don’t have to expose your banking information on the internet. It’s not without drawbacks though – they can sometimes involve fees and the withdrawal process can be a few days longer. However, you can always claim bonuses with them, and there’s no need to keep transferring money around before you have the cold, hard cash in your hands. Just go to your nearest ATM and the casino winnings will be all yours!