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Posted October 14, 2014 by ben in Casino Banking
 
 

Hey Canada – Forget Capital One

capital one - no gambling
capital one - no gambling

No gambling online with Capital One credit cards

For those Canadian players out there I wanted to make a little post regarding Capital One credit card users. While depositing with a major credit card like Visa or MasterCard in Canada is usually as easy as entering your credit card numbers, Capital One has made it next to impossible. This is due to the fact that although they offer their credit services in Canada, they are an American company. This means that any transactions to gambling related websites will be declined due to the UIGEA ( Unlawful Internet Gambling Enforcement Act ) that was signed into law by Mr George W. Bush. ( Thanks buddy for not bothering to read before you sign btw )

I spoke to Capital one and asked why Canadians were being affected by laws made in the USA and the reply was simple. We are bound by the laws set forth by the US Government. I had no reply other than “not cool” because they are simply covering their own assets by obeying the law.

There are still many options for Canadians who use Capital One though. CIBC has a visa-debit card that allows you to take money direct from your account and spend it online. Their debit card acts like a visa card and is accepted at all online casinos that accept major credit cards.

Ecocard is a great alternative which allows the use of your credit card to deposit funds to their E-wallet. Read more about this method.

ECheck – If you would like to deposit at the casino direct from your bank account Echeck offers instant game play with just a few clicks. Read more about ECheck

ClickandBuy is another option this is very popular with Canadians. I signed up today and felt it was fairly easy to set up. You can instantly fund your ClickandBuy ( link opens in new window ) account with your bank account or debit card or any other service other than Capital One. It takes a couple of hours for the confirmation process but still worth setting up. However it seems hit and miss when using a Capital One credit card.

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ben