Bet365 Mastercard

By Alex Smith Sep 18, 2022

A Bet365 Mastercard can be a handy tool for online gambling. If you are thinking about getting one or would like to know more about depositing funds or making a cash withdrawal using a Bet365 Mastercard, this guide is for you. Firstly, let’s take a look at what it is. Later on, we will show you where to get a Bet365 Mastercard, how to make contactless payments, and how you go about withdrawing cash.

What is a Bet365 Mastercard?

A Bet365 Mastercard is a debit card linked directly to your online gambling account. It’s a complete game-changer as it allows you to easily make deposits and withdrawals – and spend your cash – using one card. A Bet365 Mastercard gives instant access to your online gambling winnings at any ATM or shop that accepts Mastercard. That includes physical stores.

As virtually every store in the world accepts Mastercard, it’s a fantastic tool to add to your online gambling portfolio. You can even make purchases online using the card! It works identically to your standard debit and credit cards, although you won’t be able to access a credit facility.

How To Get a Bet365 Mastercard?

To get a Bet365 Mastercard, you first need to open an online gambling account with Bet365. You must be a Canadian resident and be over the age of 18. Once you have signed up for a Bet365 account, you’ll need to log into your account.

Once logged in, head to the “Members” section; you will be prompted to complete a verification check. Once you’ve submitted your ID documents, a verification team member will usually process them within 24 hours. Once you have completed the verification process, you’ll want to head to the “Bank” section.

Once you’re here, select the “Bet365 Mastercard” option. You will then be asked to confirm your ID and address. You will then complete a short online application. This doesn’t take long – less than five minutes. Once you have accepted the terms and conditions of the Bet365 Mastercard, it will be sent directly to your address.

Once your card arrives, you need to activate it. This can be done in the “Members” section. You will need to input the PIN code sent to your address. Once activated, you can use it as your primary payment service.

How to Load Funds onto a Bet365 Mastercard?

You have two options if you want to load money onto your Bet365 Mastercard. Firstly, you can directly top up the card using Bet365’s “Top Up” feature. You will need to locate a participating store. You can find a list of participating stores on the “Cash Top Up Deposit” page. When you head to the store, simply hand over $50 or more in cash, and the money will automatically be credited to your Bet365 Mastercard.

Alternatively, any money you withdraw from your online gambling account will automatically be available on your card balance. This means you don’t have to make a physical withdrawal; it’s all done automatically. 

Can I Withdraw Funds from a Bet365 Mastercard?

For the vast majority of punters, the primary purpose of a Bet365 Mastercard is to enjoy instant and hassle-free access to winnings. When you have a Bet365 Mastercard, you can withdraw your winnings immediately and make instant purchases at online shops and stores. Bet365 Mastercard withdrawals can be made at ATMs, in-store, and online. 

There aren’t any fees to make withdrawals or purchases using the Bet365 Mastercard. However, the merchant can still charge you, so this is something to be aware of. The Bet365 Mastercard is also fully contactless-enabled. This allows you to make contactless payments, provided that you have made at least one payment in the past using your chip/PIN.

There are some limits to be aware of. We will show you these below:

  • Minimum ATM withdrawal per purchase – $20.00
  • Maximum ATM Withdrawal per purchase – $1,000
  • Daily ATM or Store Withdrawal/Purchase – $3,000
  • Maximum Number of Transactions per day – 10

Do Bet365 Still Accept Prepaid Mastercard International Incorporated Cards?

No. In 2019, the UK’s Gambling Commission introduced new rules and regulations for online gambling and using credit cards. These rules also apply to land-based casinos. As a result, online and land-based casinos are no longer allowed to accept credit cards from players. This means you cannot make deposits and withdrawals using a credit card when you gamble in the UK. 

While prepaid cards aren’t credit cards, online gambling retailers classify them. It’s too much of a legal headache (and risk) for online casinos to accept them, so most simply stopped altogether. However, despite all online gambling transactions being a debit card deposit, many online casinos stopped accepting prepaid VISA and MasterCard cards from UK players altogether – and this means you can no longer use your VISA prepaid card or Prepaid MasterCard when you head to online gambling websites.

Bet365, according to what we’ve seen, was one of the first online casinos available to UK players to prevent the usage of prepaid VISA and MasterCard cards. Several Reddit players started announcing the problem over a year ago. Unfortunately, you will no longer be able to use prepaid VISA and MasterCard cards at UK-facing online casinos, so if you keep getting error messages while trying to make a deposit, that’s why.

Other Payment Methods

If you prefer not to use a Bet365 Mastercard, you will be pleased to know plenty of other available payment methods. Many of these payment methods offer the same features as the Bet365 Mastercard. Below, we will look at other ways to make deposits and withdrawals at Bet365.

Skrill & Neteller

Skrill/Neteller are two of the most popular EWallets in the world. Similar to PayPal, Skrill allows you to make instant deposits and withdrawals at online casinos. In the past couple of years, the fees have significantly increased. However, it is still a great way to make online gambling transactions thanks to its reliability and durability.

Setting up a Skrill or Neteller account is easy and takes just a few minutes. Once you’ve confirmed your identity, you can load up your account and begin making online gambling transactions right away. The funds are instantly credited to your online gambling account when you deposit.

Once the casino is processed, withdrawals are immediately credited to your Skrill/Neteller account.

Bank Transfer (Bank Statement Required)

If you use your bank account frequently, you will be happy to learn that you can link one to your Bet365 account. Depending on where you live, you may be prompted to use Trustly instead.

Bank transfers are helpful because they let you make instant deposits and withdrawals – and no fees are attached. However, some players may dislike using their bank account to gamble because it litters your bank statement with online gambling transactions.

Please note that if you want to use your bank account at Bet365, you may need to submit additional verification documents. This is to prove that the bank account belongs to you and that you have the authority to make deposits and withdrawals from it. 

Cheque

While cheques aren’t used too much anymore, most online casinos do still accept them in limited circumstances. For example, at Bet365, you can choose to receive your winnings by cheque. However, the online casino may charge you a fee to physically write – and mail – the cheque. You may also see that the minimum deposit or withdrawal limit to use a cheque is relatively high. This is due to the increased costs involved with writing/sending them.

FAQs

How do I withdraw funds?

For the vast majority of punters, the primary purpose of a Bet365 Mastercard is to enjoy instant and hassle-free access to winnings. When you have a Bet365 Mastercard, you can withdraw your winnings immediately and make instant purchases at online shops and stores. Bet365 Mastercard withdrawals can be made at ATMs, in-store, and online. 

There aren’t any fees to make withdrawals or purchases using the Bet365 Mastercard. However, the merchant can still charge you, so this is something to be aware of. The Bet365 Mastercard is also fully contactless-enabled. This allows you to make contactless payments, provided that you have made at least one payment in the past using your chip/PIN.

Is it a credit card?

No, the Bet365 Mastercard does not offer players any credit facility. Not only would this likely be illegal (the UKGC is now VERY strict on credit cards and online gambling), it would be quite a headache for the casino.

When you get a Bet365 Mastercard, you can only spend what you have on the card. If you try to spend more than is available, then the payment will simply decline. It’s no different from using your regular debit card. You can, however, top up your Bet365 Mastercard whenever you want.

Do I have to pay a fee?

No, the Bet365 Mastercard is entirely free! When you apply for the Bet365 Mastercard, you just need to fill out a short application form. Once you have done so, Bet365 will mail your Bet365 Mastercard directly to your address. 

While the Bet365 Mastercard is free to receive and use, online gambling retailers and certain in-store purchases may be subject to fees. Always check with the retailer to self-exclusion if there will be any charges.

Are players from all countries eligible to use a Bet365 Mastercard?

No; at the time of writing, only a handful of countries can use the Bet365 Mastercard. This includes the UK, Australia, and Canada. We will likely see support for more countries in the future. However, it’s quite a big task for Bet365 to set up their Mastercard scheme, and, due to legal requirements, it’s just not possible or feasible to open it up to all countries.

Live in a country that isn’t yet eligible to use a Bet365 Mastercard. You can check out the online casino’s website to get up-to-date news and updates about the expansion of the card program into new countries/jurisdictions.