Finding online casinos with no deposit fees when you conduct a payment can be time consuming. We have made a list of online casinos with no deposit fees that will allow you to get the most out of your gaming experience. It is annoying when you make a deposit and suddenly you realise that 2%-5% of the chosen to deposit amount is missing. It can be a small amount relative to the deposit but if you are player that would like to deposit hundreds then this fee can be a quite a big cut. So we have made a search a listed below some casinos that have no deposit fees when you make a payment to play on their games. This is followed by an explanation as to what are these payment fees and how do they get applied. Hope you find it useful. as we did during our search.
What are Deposit Fees?
When making a payment to an online casino, you are transferring money and someone is making money from it. Specifically a payment provider or otherwise a payment processor is the one making money from the fees. There are always fees attached to online payments, which begs the question as to who pays the fees. Sometimes the fees are paid by the player and or depending on the payment method and sometimes the fees are covered by the online casino.
Payment Providers and Processors:
Whenever you send, transfer or even receive money, someone has to process your transaction, which is done by a payment provider. This is basically a company that provides services to online casinos which allow for the transfer of money to take place. They get paid for every transaction that they perform via the payment fees associated with a payment.
Payment fees are not only related to online casinos but also for other payments done via a payment method of which the transaction is performed by a payment provider. Transferring money or making a payment is never free and someone has to pay for it. Sometimes or in many cases the online casinos covers your payment fees when making a deposit to your account. This is the great thing for example when playing at Omnislots and Fruits4Real. When this is the case, the amount deducted from your payment methods account will be the same as the amount debited to your casino account.
Fees Depend on the Payment Method:
When making a payment to your online casino account the fees depend on the payment method that you would be using. The best option would be not to have any fees associated when making a payment to your online casinos, so as to get most out of your gaming experience. Lets face it, if you wish to deposit a large sum to play it would be sad to see 2.5% being deducted from the amount that you would wish to deposit.
But is not a service that all online casinos would offer but most will at least have some payment methods which can be used without paying fees. And then there are some casinos that offer services without you needing to pay for fees when transferring money to your account. So you end up having casinos having fees applied depending on the payment method or online casinos not having fees applied to payments at all.
Casinos with fees on certain Payment methods:
As mentioned there are some online casinos that apply a fee for payments made via a specific payment method. You will usually notice this information when checking a respective casinos banking options page. If your preferred payment method is Credit Cards and E wallets such as Skrill or Neteller or Vouchers such as Paysafe the fees usually range between 2.5% to 5%. But the fees might only apply to these payment methods and it could be that it would exclude other payment methods. It can be that the casino offers payments through other payment methods with no fees being attached to it. So no need to pay fees if you use other payment methods to make a deposit.
Casinos with No Fees on Payments:
But then there are online casinos that offer services to with no fees applied on payments that you make. In these casinos, when you make a deposit to your account, you will notice that the same amount that was deducted from your bank account is credited to your casino account. With these online casinos your gaming experience is basically hustle free as you do not have to worry about using a specific payment method to avoid fees. You just go to the website and you can make a deposit with any payment method available, knowing that there are no fees.
If you are in doubt at any point, you will also be able to find information about payment fees – deposits or withdrawals – through the respective casinos banking options page. Usually this is located at the footer or the bottom of the casino sites page and you can review all payment related information.