Top Payment Methods for Online Slots in the US

Most online slots sites will have several payment methods that you can choose from. These are generally broken up into e-wallets, pre-paid cards, credit/debit cards, cryptocurrency, bank wire and several other sectors.

We can’t say which payment method is right for you as this is going to depend on what you have access to. Some might be limited based on things like location, deposit amounts and access to these methods, so you are going to need to decide for yourself which is best.

What we will do is give you all the information you need on how these works and then what to expect from them. Whilst the payment method categories below are an exhaustive list, it’s not to say that all slots sites will have each of these to choose from. In fact, that will not be the case.

Payment methods can be make or break for an online casino, so make sure that you become accustomed to the payment methods below and then work out which is best for you.

E-wallets and pre-paid cards are not only one of the most popular payment methods to choose from, but they are also some of the most accessible. They’ve allowed players to create a digital space to store their funds, separate from any personal bank account they may have.

The biggest positive for these is that transactions are processed within a few hours. Deposits will be instant, but a withdrawal can be back into the account within a matter of hours, unlike most, which can take days.

One thing that you will need to note with these is any fees attached. These won’t necessarily come from the casino, but more commonly from the e-wallet or pre-paid card itself. Some do allow you to upgrade accounts to limit or even remove fees, which is worth looking into.

Whilst pay by phone options are a little more limited than most of the other payment methods that we’ve spoken about so far, there are several casinos that still offers this to US slots players.

The process of this is very simple. All you all need to do is select the pay by phone method in the casino, confirm the amount you want to deposit and then confirm your mobile.

Cash will then either be taken from your phone bill if you pay monthly or your phone balance if you are on pay as you go. Most phone companies will limit how much you can process in a single payment, so it’s worth finding this out before making a deposit. Some may allow you to increase this limit as well, which might be handy.

Paying by phone is a great way to deposit whilst on the go. It could be handy for times when you don’t have access to bank cards or accounts, allowing you to take advantage of a pre-paid service in the form of your mobile bill.

A key point that you will need to note is that you can only deposit by phone and not withdraw. To get money out of your account you will need to set up an alternative payment method such as a bank card or an e-wallet.

It’s also worth noting that these payment methods will need to be verified before you can withdraw. Our advice is to get this in place before you plan to withdraw to make the process move quickly when do need to get your funds.

Credit and debit cards are the most common way for US slot players to get money in and out of their casino accounts. It’s a payment method that most US residents have, so it makes sense that most would be looking to use these.

One of the main reasons why people use a credit or debit card is the security that comes with it. If something went wrong, then most banks would be on hand to either settle a dispute or protect an account from fraudulent activity. Credit cards in particular are covered by insurance, so getting refunds from this is incredibly easy.

They are also the method that comes with the lowest fees, for the most part, at least. The majority of casinos will not charge you anything for depositing or withdrawing using either of these methods, which is good.

The trade-off is that withdrawals can take their sweet time to get back to your bank. This can be anywhere from 1 to 5 working days in some cases, which is a lot longer than e-wallets, as an example.

Using a bank transfer as a method to deposit to online slot sites has become increasingly popular. The safety and security that comes with using your bank account as a direct means of depositing are enticing to players, and although they are generally a longer wait for your funds to appear, you know you're money is in good hands as it's your bank who directly deposit the funds for you.

One of the things that we pride ourselves on at Slot Source is being able to bring you the best online casinos in the world. A major part of becoming the “best” is being able to offer a safe and secure payment process for players.

We test these casinos to the max and then include this information in our reviews. Everything from deposit times, charges, withdrawal times, limits, and verification processes are all covered. Only when all these boxes have been ticked are we able to give them the thumbs up or the thumbs down.

As a general rule, you’re always going to be safest using credit or debit cards. The reason behind this is that they’re connected directly to a bank, so always someone to fall back. PayPal can fall into this category now as well and they work incredibly hard to protect any payments both in and out.

Depositing is a process that, for most payment methods, will be an instant credit to your account. Once you’ve chosen your method of choice, you then simply need to enter your details and away you go.

One key thing that you need to note with payment methods is that not all are going to be able to claim things like welcome offers and bonuses. E-wallets such as Neteller and Skrill are almost always prohibited from doing so as it’s easy to create multiple accounts and for them not to be tracked.

Withdrawals are a little less straightforward and they can take quite a bit longer to process than a deposit. One of the first things that you will need for a withdrawal is a verified account. You may also need this to deposit depending on which casino you are using.

Verification is a process that requires you to confirm your ID and your address. You can do so by sending in documents like passports, bank statements, driver's licenses, and other official documents.

E-wallets are almost always the quickest way to get money out of the casino. Usually, these are processed within 24 hours and some are even instant. The likes of Neteller, Skrill, and PayPal are the most popular e-wallets.

Visa and Mastercard are about as safe a payment process as you can get, but they do take a little time to withdraw back. For these, you’re looking from 1 to 5 working days.

Large payments will need to use a bank wire to move money about. This can take longer still and up to 21 days, plus fees. However, it’s the only way that most casinos will process large payments due to limits on bank cards and accounts.

Finally, not all payment methods will allow you to withdraw back. Pay by phone is a common one that allows you to easily deposit, but to get money out, you will need to add another account.