There is no question about who rules the credit/debit card landscape. Visa and MasterCard have had a strangled hold on it for decades. Allied Market Research projects that the worldwide credit card payments market will hit revenues of $263 billion in the next six years, almost doubling in size from where it was in 2020. Visa controls 31% of the global market, while MasterCard’s share worldwide stands at 21%. In the US, the dominance of these brands is even more staggering as 48.7% of Americans use Visa, and 38.8% have some form of a MasterCard credit/debit card.
However, Visa and MasterCard’s top US-based competitor, Discover Card, isn’t doing too shabby either. Active since 1985, it now boasts a portfolio of 57 million cardholders, and more and more offshore mobile casino sites are accepting it with each passing year.
Credit card gambling gets a bad rap with players on account of withdrawal requests through this payment method taking, on average, around three to five banking days to process, and sometimes, these transactions also incur banking fees. Nevertheless, credit/debit cards are the most established digital payment method on the planet. The convenience and security they provide are something that many gamblers do not want to give up.
Below, we look into Discover cards as a viable online gambling money transaction option, analyzing many of their pros and cons and providing a prediction regarding their increased/decreased future use.
Are Discover Cards Widely Accepted?
Generally speaking, yes. From around 2005, Discover cardholders got the option to perform international transfers when they found themselves abroad. Vice versa, credit card owners from countries that allow Discover cards to get used within their borders can also utilize their native cards at merchants in the US that accept Discover. Examples of these are RuPay in India, UnionPay in China, BC Card in South Korea, and Elo in Brazil. In total, more than one hundred and eight regions in the world permit Discover card use.
Discover It is the most sought-after Discover card.
Purely in the US, Discover has a 99% acceptance rate with merchants, the same as American Express, which until recently significantly lagged behind Discover in this department.
Concerning USA online casinos, the situation is not terrific, but not horrible. Most international interactive gaming hubs only offer Visa and MasterCard, but ones that target the US market also make room in their cashier tabs for Discover. The downside of these sites is that they may not feature as robust game catalogs, housing mainly titles from providers like BetSoft, Rival, Nucleus, Booming, Dragon Gaming, Booongo, and RTG.
Still, virtually all safe online casinos boasting a gaming license from a US state regulator have Discover listed as a viable deposit/withdrawal choice.
Discover Pros & Cons
Many gamblers love using Discover cards because they allow them to set minimum spending or maximum limits. The company does not require that its users pay any annual maintenance fee while offering lower charges for online casino transfers than its competition. It also allows transfers to go through without players not having to share any personal info. And the cashback offered on everyday purchases is an allure that few card users can resist.
The Discover cashback credit card ranks high on any list concerning payment methods that offer rebates. It gets users 5% back at grocery stores, restaurants, gas stations, and gyms when they pay using it. It provides bonuses every quarter like Amazon.com, up to $75 cashback every three months.
The drawback of using a Discover card when doing some desktop, iOS, or Android gambling, is that sites that accept it for deposits may not offer it for withdrawals.
Furthermore, it has a limited acceptance rate, and some operators may not supply their welcome casino bonus to Discover gamblers.
Best Credit Card/Discover Casino Bonuses
As everyone reading this article knows, casino promotions are the cornerstone of online gambling, and the best ones on the Web can get found at the following sites:
- Las Atlantis – Founded in early-2020, Las Atlantis casino provides one of the most staggering registration bonuses the digital gaming sphere has ever seen. It is a deposit match of 280% that can generate up to $14,000 in free-play funds, available to
- Red Dog – Launched in 2019, Red Dog competes with Las Atlantis by giving new Android and iOS gambling fanatics a sign-up deal that can generate up to $12,500 in bonus cash. It does this via a 225% deposit match over a user’s first five deposits.
- Wild Casino – Wild is a crypto-oriented platform that accepts the top four US credit/debit cards. It appeared online in 2017 and provides a fiat welcome package that can dish out up to $5,000 in gaming funds through five deposit matches. The first is a 250% one, while the subsequent four are 100% each.
Additional Facts About Discover
You can get a Discover It credit card, even with a bad credit score.
Why do people use Discover credit cards? As discussed, this credit card issuer runs one of the most popular cashback systems ever via its Discover It card. Moreover, the Discover brand, founded by Sears, more or less invented credit card purchase rebates and was the initial card transaction option accepted by the US Customs Service for custom duty payments.
So, this is undoubtedly a brand everyone can trust, despite its reputation getting blemished by deceptive telemarketing tactics they used more than a decade ago.
For those wondering — can I apply for a Discover It credit card or without credit history? The answer is yes. The company asks for no credit score upon application.
Those that can get approved for any Discover card can use them to build a credit history and work to more sizable credit opportunities, such as apartment rentals or car loans. Discover credit card balance transfers work in that when you get such an offer, the issuer pays creditors for you, adding the balance to your card. Naturally, you must settle due payments on your old account first.
Accordingly, having a Discover It card or any other from this Sears financial service is a pretty sweet deal. Many online casino reviews will not point it out as a quality money transfer method due to its slow processing speeds, but having one for gambling purposes and everyday use is a pretty sweet deal.
