Credit Cards Mastercard & Visa Maybe I posted to wrong area before

[Slotster!]

Microgaming... Great support and the best 'ongoing' loyalty bonuses I've come across. They're no 32RED in terms of the nice 'no strings' personal deposits you get chucked in your account every now and again, but they've got a great ongoing %age bonus scheme where you get money back on your play.

Check out www.oggs.com (Simmo's site) for a full review etc... Or indeed no doubt they are accredited here.

[SlotsWizard]

Sorry, I didn't see this post when I posted the following to the other thread:

I think the reason you can't refund credit card purchases at some casinos any more is because the banks and credit card companies are treating these "purchases" as what they really are — cash advances. If you use your credit card at an ATM to make a cash advance, you can't turn around and put it back in — you're stuck with the higher interest rate, which is of course in the best interest (literally!) of the banks and credit card companies.

I don't remember where I saw it but it was in the Terms and Conditions at some online casino. I'll see if I can find a link to more info about this.

[The Watchdog]

Visa and Master Card give each company a certain amount of money they can refund. It could be based on amount of money processed or dunno which factors...

The thing is that a lot of companies will not refund your card. As a matter of fact, they will love their customers using anything but credit cards.

For me, if you are a us citizen the best option is to use instacash, however use it on a site where they reimbure the 8.9%

The other option is www.instadebit.com... they are the best. Visit them and you will see why I think like this.

[GrandMaster]

Sorry, I didn't see this post when I posted the following to the other thread:

I think the reason you can't refund credit card purchases at some casinos any more is because the banks and credit card companies are treating these "purchases" as what they really are — cash advances. If you use your credit card at an ATM to make a cash advance, you can't turn around and put it back in — you're stuck with the higher interest rate, which is of course in the best interest (literally!) of the banks and credit card companies.

I don't remember where I saw it but it was in the Terms and Conditions at some online casino. I'll see if I can find a link to more info about this.

Most credit card don't treat gambling transactions as cash advances (at least not yet), but Mastercard does not allow refunds to credit cards. Visa allows unlimited refunds to credit cards in certain countries, including the UK. You also have to realise that primary purpose of the credit cards is to make it easier for the consumers to spend, refunds are the exception.

[The Watchdog]

Thats the real reason.. I forgot that MC doesn´t allow to refund.