As one of the world’s largest diversified online payment processors, Amex gives online slots, live games and sportsbook players many options for deposits and withdrawals at their chosen casino sites. Once a player uses an Amex card for deposit on a site and gets deposit bonus, can then use the same card for withdrawing winnings in cash.
Online Amex casinos process withdrawals very quickly which makes it possible for the player to spend the money at a participating vendor within a business week. As the company is so large, the fees and charges for this services are offered at a reasonable level. Also, America Express features a Rewards program based on card use.
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Amex Bonus Reward Points System
Amex accounts accrue best casino offers with points based on transactions in the Amex Rewards system. So, basically, anytime an online gamer uses an Amex card to make a deposit or receive a withdrawal, the player is being credited with Bonus points. These points can be used for product purchases, Gift Cards, Credit Payments, Travel Bookings, or Discounts at participating stores and vendors. In theory, players who manage their money correctly can be bringing casino rewards back to Amex to make any of those kinds of purchases at a discount. This makes the Amex method even more popular at online casinos that accept Amex card processing.
Amex Is Accepted By Stores and Shops
The Amex gambling process is incredibly easy. Users turn their winnings into real-world purchases and know that their account-linked card is generally accepted where-ever credit cards are operational. This enhances the online player experience because gamers play towards realistic goals. For example, players can set the goal of buying particular items on Amazon.com when their Bonus winnings reach a certain level. When it is time to make the transaction, they will have received a Bonus on the gaming site, Bonus points on the Amex Rewards system and a discount on their Amazon purchase. Then, when it comes time to pay the credit card payments, they are also collecting Bonus Points.
Privacy Issues For Credit Card Linked Gaming
Some online casino members don’t want their spouse to know how much money they have won on a gambling site. For example, if a player hits a jackpot of 25,000 Pounds and plans to buy his wife a car with the winnings, the money can only be withdrawn back to the original account. That means his wife could see the card statement before he could make the purchase. For that reason, transferring money via Amex may not be the best solution for some players. Many of the sites process payments under a very clear business name and those transactions are listed on card statements delivered to the players.
Amex Suits VIP And Novice Online Casino Players
When Amex casinos review their user profiles data, they often divide the users into segments. It is not an unusual occurrence for VIP players and Novice players, respectively, to choose Amex for their deposit and withdrawal method. VIP players like to turn their winnings into Rewards points and Travel bonuses via the Amex Rewards program. Novice users simply dig into their wallets for the quickest deposit solution and find their Amex card.
Amex Casinos: FAQ
Do I Need To Have An Amex Card To Use Amex?
Amex processes a player’s deposits and receives money withdrawn from the site. The latter is a card crediting processes and so the user must have a legal and valid Amex card to initiate this process. In verifying card processes, only UK casino site conducts an ID verification for active users to ensure the card is linked to the account holder. Even though online casinos provide online casino games for real money, many sites don’t use direct bank account transfers.
Do Online Casinos Prefer That A Member Use Amex?
Most casinos have at least 5 accepted payment processing methods and some will feature up to 35 or 40. Once a site has done the proper due diligence and approves the use of a deposit/withdrawal processing method, it is given a set of processing guidelines. Certain methods may take longer, require different documentation, have different fees and subsequently become discontinued. So, users should check on a sites FAQs page and/or contact the site directly for procedural guidelines.
How Long Does It Take To Withdraw Money With Amex?
Most sites allow for about 1-5 business days to complete an Amex withdrawal provided the withdrawal meets all site policy criteria. Restrictions can be related to Gaming Requirements and/or Bonus restrictions. Nearly every site also makes a very clear request on their FAQs page to give about 24 hours for the payment to be processed inside the company. So, Amex is generally quite quick with its processing although every site has different payment processing guidelines.
Does Amex Have Exclusive Partnerships With Certain Online Casinos?
If a site is an Amex casino, that simply means that it accepts Amex for deposits and withdrawals. As Amex is one of the largest companies in the world and has over 165 years of experience, it only partners with equally famous companies like Amazon, Best Buy, Uber and so on. It does not currently use online casinos as official co-branding partners.