Credit and debit cards are widely popular around the globe, and even more so among gambling enthusiasts. In spite of the fact that Mastercard and Visa are two of the most recognizable brands, Discover also continues to gather momentum.
Offering simplicity and convenience, this banking method boasts high efficiency, and it cannot be more apt for gambling transactions. The company has wanted to ensure that the products it rolls out are designed with customers in mind, and it keeps them covered, no matter when it comes to credit cards, student loans, personal loans, or balance transfers, among others.
The goal the company has set is to become a premium provider of bank and digital payment services, and it has been working hard towards achieving this goal since 1985. This is when the very first purchase through a Discover-branded card was wrapped up. It can safely be said that the company has gone a long way since that time, and has now acquired the status of one of the major credit card providers within the USA.
| Discover Card Summary | |
|---|---|
| Available in | In about 200 countries |
| Website | www.discover.com |
| Connecting bank card/account to Discover Card | N/A |
| Withdrawal balance from Discover Card to your bank card/account | Free |
| Pay to online merchants | Free |
| Available for deposit | Yes |
| Available for withdrawal | Yes |
| Usual deposit time in online casino | Instant |
| Usual withdrawal time from online casino | Several working days |
| Live chat | Yes |
| Telephone support | 1-800-347-2683 for the USA and 1-801-902-3100 outside the USA |
| E-mail support | service@email.discover.com. |
The purpose of this article is to help players gain a better understanding of the payment method and how it works when it is used for gambling transactions, so just keep on reading.
Using Discover card for Gambling Transactions
Discover is indeed looking to take the lead, and its ever-increasing customer base goes to show that it has been doing things right. Ever since its inception, the company has been looking to stand out from the crowd, and to attain this, it offered higher credit limits and did not charge annual fees.
Back in 2014, Discover Services acquired Pulse, which was a rapidly-expanding card and ATM network. The rapid development of the company continues up to this day as presently, the number of cardholders is well over 50 million.
It can safely be said that Discover is a provider of payment services with an unusual take as its customers can benefit from cashback credit cards, without paying an annual commission. Depending on the card type, players can earn 2% or 5% cashback at restaurants, gas stations, or grocery stores.
Discover Card for Gambling Transactions Additional TipsAcquiring a Discover card is a walk in the park, and the procedure is in no way different to the one gambling enthusiasts need to follow in order to obtain a Mastercard or Visa-branded card. Avid casino fans will have the chance to apply for a credit card online, in person, or over the phone.
What is important to note is that getting a Discover card is only possible if you are 18 years old. Another important thing to consider is that if you are under the age of 21, you will be required to apply for a card over the Internet. The same also applies to those who want to get a business or secured card.
There are several card types for gambling aficionados to select from, and depending on their preferences, they can settle on secured, students, rewards cards, travel cards, and business cards, among others. The company also offers instant-approval cards that might tick all the boxes for some avid casino fans.
This payment solution allows gambling enthusiasts to carry out money transactions to and from the online casino they are playing at with no hassle at all, following a procedure they are well-acquainted with.
In order to add money to their casino account using their Discover card, players will be prompted to input its CVV code, expiry date, along with its number, and their name. Once they pick the amount they wish to upload and authorize the top-in, it is normally a matter of a few minutes until players see the preferred amount in the balance of their gaming account. As deposits are normally handled instantaneously, avid casino fans can come to take up their betting session.
Players will be impressed by the ease with which they will be able to handle their casino transactions, which is certainly great news to hear, especially if they are first-timers.
This banking solution will not only allow players to quickly and effectively top up their accounts, but also lay their hands on their winnings in a flash. What is vital to remember is that not all casino operators accept Discover cards as a withdrawal option, and it is therefore advisable to inquire into this in advance.
Gambling enthusiasts should bear in mind that owing to legal regulations, the availability of Discover cards is somewhat more limited when compared to some of the other payment processors available out there. If players live in an authorized territory, they should be prepared to face some extra security measures.
| Discover Card Gambling Transactions | |
|---|---|
| Supported transactions | Deposits and withdrawals |
| Deposit pending time | Instant |
| Withdrawal pending time | Several business days |
| Additional security | CVV and one-time codes are needed |
Advantages and Disadvantages of Discover Card as a Payment Method
Just like any other payment method, which will be at the disposal of players during their betting session, Discover cards also have their praiseworthy aspects and shortcomings that should be weighed prior to players’ betting session.
In fact, the pros and cons of the usage of this banking method coincide with the ones the usage of credit and debit cards normally results in, but they are still worth taking a look at.
As for the strengths of this payment solution, one of the biggest advantages of its usage is its straightforwardness. No matter if players are total novices or they have been gambling over the Internet for quite a while, they are unlikely to face any challenges while they are handling their payments through their Discover card.
Additional Advantages and Disadvantages of Discover CardAs likely as not, most players will be no strangers to the steps they need to follow to wrap up their transactions through this payment processor, especially if they have paid for services or have shopped online using their card. Therefore, almost nothing can go wrong with their deposits or cashouts, which is a great benefit.
One of the main reasons why players are willing to go for this payment solution is that they are saved the hassle to create separate accounts and load them with cash before they could top up their casino balance, which is the case with e-wallets, for example.
While playing at a virtual casino with your Discover card, you will not face any lengthy hold-ups, and your funds will reach the balance of your gaming account straight away. Players who are itching to kick off their betting session will certainly appreciate this as they will have the chance to go ahead with their real-money wagers at any point.
In spite of the fact that many gambling enthusiasts are reluctant to carry out transactions through their credit or debit card while betting over the Internet, it can safely be said that one of the departments Discover excels in is namely safety. While using this payment solution, gambling enthusiasts can have the full confidence that their funds and sensitive data will not be at risk as the company falls under the oversight of several financial regulatory authorities.
Not to mention that gambling enthusiasts will see the logo of the banking method on the banking page of casino operators that are properly-regulated and accommodate players who live in territories where online gambling is legal. This might also reassure players that their safety will be guaranteed all throughout their betting session.
The commission-free policy of the company is also worth mentioning as this is rarely the case with most other payment processors. Discover cards are tailor-made for all gambling aficionados, who are looking for a cost-effective payment solution to use during their betting session as they will not be facing annual fees. Additionally, casino operators rarely charge extra fees on transactions that are handled through credit or debit cards, which is indeed a major advantage.
Even if something goes wrong with your gambling transactions, you can always rely on the responsive support staff of Discover. The agents can be reached out through a number of contact venues, no matter the time. Finally, Discover users can decide between a number of card types, which will make it possible to pick the option, which corresponds to their needs and preferences.
As for the drawbacks of using this payment method during your betting session, the first and the most important thing to note is its limited availability, which is not the case with some other card brands. This is something gambling aficionados are recommended to inquire into in advance as this payment processor is normally within reach for gambling-related transactions in some parts of the USA and Europe.
Speaking of the availability of the payment method, it might take some time until players find a web-based casino where this payment method is accepted as they are far and few between, especially in comparison with the casinos that process payments through Mastercard or Visa.
Although players will not be required to pay a maintenance fee, they are recommended to take their time to get familiar with the interest fee and the other charges that might be featured within the fine print.
Before they go for handling their payments through Discover card, avid casino fans should not forget to check out if this banking method doubles as a withdrawal option as well as this might not always be the case.
| Discover card Pros | Discover card Cons |
|---|---|
| Enhanced safety | Might not be available for cashouts |
| Convenience of the payments | Available in a limited range of territories |
| Fast processing times | The charges that might incur might be rather whopping |
| Multiple cardholder benefits | |
| Discover offers downloadable apps that add better ease to payments |
Fees for Discover Card Transactions
If players are about to use a payment solution for the first time, they should never ignore the costs its usage will result in. As we mentioned already, one of the things that make Discover stand out from the crowd is that gambling enthusiasts will not face annual fees.
That being said, they should give the interest rates and the interest charges the due attention so that they could determine if this payment processor will come up to their expectations. First off, casino enthusiasts should be informed that during the first 14 months after the creation of their card, the Annual Percentage Rate (APR) will be . Yet, once this period elapses, the value of the APR will vary between 11.99% and 22.99%, and what is important to note is that it is based on the credit trustworthiness of players.
As for the transaction fees, virtual players should be informed that initially, they will be facing an intro fee of 3% of the amount, and once this period ends, transfers that post to their account will incur a fee of 5%.
Discover Card Fees Additional TipsCash advances are not commission-free as well, and casino enthusiasts will face a fee of $10 or 5% of the amount. Penalty fees are another thing to watch out for, and although the first late payment will not cost players a dime, when this happens again, they might end up paying up to $40.
Gambling enthusiasts who are about to start using this payment processor should be aware that their credit line will be approximately $500, and will be based on the information they have provided when they have applied for a Discover card.
Something players should take into account is that they can earn a 5% cashback bonus while they are using their card. Players who want to make use of the cashback will not be allowed to do so if they have opted for an advance payment, balance transfer, or when using the Cash Over feature.
The best thing about these rewards is that they do not expire, and gambling enthusiasts will have the chance to redeem them whenever they feel like it.
| Discover Card Fees | |
|---|---|
| Gambling deposit fee | Free |
| Gambling withdrawal fee | Free |
| Bank account deposit fee | N/A |
| Bank account withdrawal fee | Free |
| Credit/debit card deposit fee | N/A |
| Credit/debit card withdrawal fee | Free |
| Maintenance fee | Free |
Processing Times with Discover Card
Discover cards are indeed exceptionally convenient to use while playing casino games over the Internet, and the growing popularity of the payment method can be ascribed to the speed at which the transactions are wrapped up. One of the strongest points of this payment solution is that the preferred amount will reach the gaming account of players almost immediately after they have confirmed the payment, thus allowing them to keep up with their bets.
Moreover, players can go for a top-in in next to no time at all as they will not be prompted to log into a separate account or load it cash before that, which will undoubtedly save them lots of time. What they will be asked to do instead is fill in their card details, state the amount they want to transfer, and confirm the payment. When they are ready with these steps, avid casino fans will not face any constraints to kick off their betting session on the spot.
Discover Card Processing Times Additional TipsNormally, cashouts are more nerve-racking for players and time-consuming. Something vital to remember when you are bound to use your Discover card during your betting session is that on some occasions, it might not double as a cashout method. For this reason, it seems advisable to look into the withdrawal options in advance.
If they see the company’s logo on the cashout page, the wait times casino enthusiasts will face will be the standard withdrawal speeds as with cashouts initiated through Mastercard or Visa-branded cards. Depending on the web-based casino where gambling enthusiasts have registered for an account, they might wait between 3 to 5 working days until their funds reach the balance of their card.
Additionally, avid casino fans should take into account the pending times withdrawal requests are subject to. Additionally, when they go for taking their winnings off the betting site for the first time, they will need to go through a verification of their identity.
| Discover Card Processing times | |
|---|---|
| Gambling deposit time | Instant |
| Gambling withdrawal time | Up to several working days |
| Bank account deposit time | N/A |
| Bank account withdrawal time | Varies |
| Credit/debit card deposit time | N/A |
| Credit/debit card withdrawal time | A couple of hours |
Mobile Payments via Discover Card
Gambling enthusiasts who are heavily into betting on the go might be pleased to hear that Discover will provide them with even better control over their funds with the help of two dedicated apps that can be downloaded for free from Google Play or the App Store. Alternatively, they can get the preferred app after they text APP to Discover at 347268.
Another way to go is head over to the official website of Discover where players will find quite detailed information about the apps and the advantages of their usage.
Both apps offer players quick account access as they can view their balance and manage their credit card transactions using a 4-digit code. Thanks to the quick-view option, Discover users can check their account in next to no time as they will not be required to log into their account right away.
Discover Card Mobile Payments Additional TipsThe apps will make it possible for avid casino fans to inspect their monthly statements, cancel pending payments, edit, or make transactions, and redeem rewards. In addition to this, thanks to the apps, gambling enthusiasts will have the opportunity to add a new credit card or report if their card was stolen or lost.
There is also the option to get alerts whenever there is an activity in their balance, which will reduce the chances of a fraud to a minimum. If players are concerned about their funds, they can freeze their account.
Users of Android-based tablets or smartphones will be able to download and install the app, provided that the OS of their portable device is 5.00 or up. As for the other app, it will work without a glitch on devices with OS 10.00 or later, no matter if players are using an iPad, iPhone, or iPod Touch to access it. When it comes to the app, which is designed for iOS-based devices, as players power it up, they will be able to view it exclusively in English.
| Discover Card Mobile Payments | |
|---|---|
| Apple pay | Yes |
| Google pay | Yes |
Security at Discover Online Casinos
No matter if players will choose to handle their transactions through the dedicated apps or they will go for the other route of making a payment, they can be totally convinced that the security of their funds will be maintained at all times.
The company is fully dedicated to keeping the funds and sensitive data of its customers in the utmost safety, and to attain this, it provides them with multiple measures to make use of. First off, to prevent frauds, the company tracks the card activity of its users around the clock using Proactive Fraud Monitoring. Thanks to this tool, players will be notified right away if there are any suspicious changes of their balance.
Additionally, gambling enthusiasts will get notifications in the event that their Social Security Numberstr is detected at some suspicious websites, thus guaranteeing that the privacy of their sensitive data and funds will not be compromised.
Discover Card Security Additional TipsAs we said already, avid casino fans are provided with different means in order to safeguard their funds, and in the event that they notice unauthorized transactions, they can freeze their card in next to no time in order to avoid more such payments.
Avid casino fans might be comfortable with this payment processor also because they will be able to track their finances with no hassle at all. They can make use of a spend analyzer, account alerts, and view a dashboard of the recurring charges. The way players will handle their payments is fully up to them as depending on their needs and preferences, they can go for contactless payments, pay with rewards, or add their card to Apple Pay or Google Pay.
Yet, if something goes wrong, Discover users can forward their issues or questions to the customer support team of the company using the live chat functionality, over the phone at 1-800-347-2683, or via email at service@email.discover.com.
| Discover Card Security | |
|---|---|
| Passcode | No |
| Fingerprint | Yes |
| FaceID | Yes |
| Two-factor authentication | Yes |
| Trusted devices | No |
| IP Restrictions | No |