Why should players choose this banking method, and what advantages and disadvantages are there to prepaid cards? This is a question our team often gets from those who are curious about how prepaid cards differ from other payment methods at online casinos.
A prepaid card is certainly advantageous when it comes to budget management, with no chance of going over the funds added to the card. You can also add funds to the card using cash rather than through electronic transfers, though that does depend on the card used. Furthermore, you’re not using a personal bank account, which means your banking details are safe.
The biggest disadvantage to the cards is that they cannot be used for casino withdrawals. At most prepaid card casinos in Australia, you’ll need to select an alternative method to cash out winnings.
Besides that, prepaid cards and vouchers generally have lower weekly and monthly limits.
So, they aren’t a good choice for high rollers. For the casual player, however, they might be just the perfect casino banking option.