The credit card has since become an unthinkable means of payment. There is almost no store or online casino, where you cannot pay with a credit card. The first card was published by Diner's Club in the United States, in the 1950s.
But the popularity has only grown since the introduction of American Express, Mastercard and Visa. These three large companies have ensured that there are now more than 2 billion credit cards in the circulation.
In this article we explain what a credit card actually is, and how it works here in the Netherlands. After a short history of this phenomenon, more about the big benefits of paying with a credit card. The article concludes with a selection from the Legal American casinos Where you can pay with a credit card.
What is a credit card?
A credit card is a credit card, freely translated into American. If you receive a credit card from the bank or other financial company, then this institution makes you a certain amount available every month. A kind of short month of loan. The limit of the credit card is different per person and mainly depends on your income and credit history.
Every month you have a limit to spend that is not yours. You will receive the bill at the end of the month. The intention is to pay off that short loan immediately. If you do that within the set time, it usually costs nothing. If it is not possible to pay the amount or part of it directly, you can leave it open until the following month. Interest is calculated on that amount, and often a large percentage.
Incidentally, this possibility to pay spread is not standard with American credit cards. There is simply not such a credit culture as in some other countries. If you want to use this option, you will often have to request that separately from the card provider.
A short history of the credit card
It should not come as a surprise that the credit card was invented in the United States. The most capitalist country in the world. The system was invented in 1950, but it took until 1957 before the first card was published. That was a dinner club card. This one still exists nowadays, but has lost a lot of popularity.
Shortly thereafter, the credit card was introduced in Europe in 1966. In the early years, the credit cards were mainly for well -to -do and business people. Companies such as Mastercard and Visa have done everything to make credit cards available to everyone. And she succeeded too. To date, these two competitors are the largest in the world.
Credit cards are pretty well established. There is a huge network of acceptance points worldwide. There are more than 28 million places where you can pay with a credit card in more than 200 countries. There are a sloppy 2 billion credit cards in the Omloop today. And that is not for nothing, a credit card brings quite a few benefits.
Advantages of paying with a credit card
Certainly if you use the credit card to deposit money to take a chance at an online casino, you will experience a lot of benefits. At all legal casinos you can pay with a credit card, you can assume that. In addition, payments are always fast and effortless.
An advantage that stands out is that your money is insured. That means that if something goes wrong with the transaction or the purchased product, you can get your money back. Another nice advantage is that you bring in double bonuses. The bonus of the casino, and the bonus of the credit card.
Your money is insured
The biggest advantage of paying with a credit card is that your purchases are automatically insured. Did you bought something on the internet, for example, but was it not delivered? If you have paid with a credit card, you will get your money back. That is also a great certainty for gamblers who play at online casinos. You are always assured of your money, should something go wrong with a payment.
Credit cards are fast
Just like e-Wallets, the casino receives a payment made with a credit card á la minute. And that is handy, because of course you want to gamble immediately. And it is not a hassle either. All you have to do is enter the card number, the expiry date, and the three digit code on the back of the card. It is almost impossible to be easier.
If you pay with a credit card at a casino you have a double -op bonus. Of course you already get the bonus from the casino - if you have chosen smartly. But with the credit card you also get bonus. This is possible in the form of points at a specific bank, or air miles for example. You get points or miles for every euro you spend. So luckily lucky.
The credit card is nowadays so common that it can be used easily all over the world. Both in physical shops and restaurants, as well as in online stores and casinos for example. Wherever you are, paying with a credit card always works. You also don't have to change money in a strange currency - that all goes automatically.
American credit card casinos
As you can read, you can therefore pay with a credit card in all legal American casinos. So you can do without problems of the Live Casino Games enjoy Netent. If you like sports and sports bets, you can go to all bookmakers with your credit card. The possibilities with a credit card are endless.
A credit card is a means of payment. Only after 21 days will you pay interest. So make sure you pay off on time.
There are annual costs just like with a bank card. With some, the first year is free.
With an ICS credit card app you always have an overview of your expenses. You can also see how much credit you still have.