svc charges for deposit with a credit card

Anything related to casinos, casino games, new casinos, tournaments etc.
Headline back 2
    4,122
    views
    12
    replies
    Last post ago almost 7 years by helwin
    No avatar normal
    • Started by
      Sr. Member
      318
    • last active 18 hrs ago

    Readers of this topic also read:

    Please or register to post or comment.
      • No avatar normal
        • Started by
          Sr. Member
          318
        • last active 18 hrs ago
        i don't know if this was posted before but i couldn't find anything. I just started playing (depositing) few weeks now. I got my bank statement yesterday and they show svc charges of 60 cents for every deposit. Its call INTRNTL TRAN. I use my debit card because i live in the states and don't have neteller or ewallet. Is this common with all casino if you used a debit card?  I can see them charging me a small fee if i cashout, but not when i make a deposit. If anything the casino should wave the fee if they want me to deposit there..
      • No avatar normal
        • Replied by
          Super Hero
          1,007
        • last active 10 hrs ago

        Thanks for this post from:

        • Avatar 12391
        That's a fee your bank charges to supposedly cover the costs of coverting your funds to whatever currency there actually charging in.  Normally if you use your card for a merchant other than in the US.  Most banks will get anywhere from 1% to 3% of the total sale for an international fee.  As they so call it.  Some places like Netspend don't bother with a fee or do just a flat fee like Wired Plastic of .45 cents per transaction no matter how small or big the transaction is.  This an actual bank fee not a fee they impose.
      • Avatar 31779
        • Replied by
          Mighty! Member
          3,046
        • last active about 2 months ago
        I always wondered what that fee was all about..

        thank you cheetahwind

                                                    PMM
      • Index
        • Replied by
          admin
          20,293
        • last active 35 min ago

        Thanks for this post from:

        • No avatar small
        It's not good that you get charged for spending what is your money in the way you want to spend it.  Do you get charged when you pay a bill?  It's very annoying/unfair that you guys and gals have to "pay pay pay" everytime you want to deposit or withdraw to and from casinos.

        blue
      • No avatar normal
        • Replied by
          Superstar Member
          5,146
        • last active 21 days ago
        blueday wrote:

        It's not good that you get charged for spending what is your money in the way you want to spend it.  Do you get charged when you pay a bill?  It's very annoying/unfair that you guys and gals have to "pay pay pay" everytime you want to deposit or withdraw to and from casinos.

        blue


        Amen!!!
      • No avatar normal
        • Replied by
          Sr. Member
          318
        • last active 18 hrs ago
        cheetahwind

        I called my bank about this and they said its not them. Its the company i'm dealing with.  I play poker at this well known place online and they don't charge a fee. At first i thought it was them that was charging me because i'm been depositing alot lately, but when i got my bank statement it was all the casino deposit. I know its only pennies, but the principle of it we already spend lots of there they should eat the fees.
      • No avatar normal
        • Replied by
          Super Hero
          1,007
        • last active 10 hrs ago
        Ummm ask them to look in your debit card agreement.  If it's not them it might be the processing company they go through that's taking the fee.  Trust me it's not the poker site taking the fee.  I do lots of international transactions daily on my netspend card and never have incurred this fee on that card.  Otherwise like my wired plastic incurs a $0.45 fee or my only one gets a 2% of my transaction fee for doing an international transaction.
      • Avatar 19496
        • Replied by
          Sr. Member
          388
        • last active 5 months ago
        Wow, I've never heard of this. Time to start playing elsewhere.
      • Avatar 15484
        • Replied by
          Full Member
          244
        • last active 5 months ago
        funny. i got slammed for over 30 bucks from a rival on a withdrawl...they said it was the bank, but the bank had separate chrges for the international transfer fee...

        no rep from the casino in question here, so i got screwed outta 30 + 30 in bank fees...sucks but still came out a few bucks ahead.
      • Avatar 10150
        • Replied by
          Mighty! Member
          3,007
        • last active 3 months ago
        max1mike wrote:

        funny. i got slammed for over 30 bucks from a rival on a withdrawl...they said it was the bank, but the bank had separate chrges for the international transfer fee...

        no rep from the casino in question here, so i got screwed outta 30 + 30 in bank fees...sucks but still came out a few bucks ahead.



        Well, I did a wd from VRC and that was $14.95 and then the bank charge of $15.

        Which rival was it?? Very strange to me.
      • No avatar normal
        • Replied by
          Super Hero
          1,007
        • last active 10 hrs ago
        These fees might not be directly imposed by the bank but possibly the people who issue there debit cards.  Most banks don't issue there own debit card in house because of the cost.  Most contract with Shizam, Star, or some other issuer to issue there debit cards. So it's probably a fee imposed by the issuer not the casino.  Most debit and credit cards carry these fees.  Like I'll give an example from only 1.
        If you obtain your funds in a currency or country other than the currency or country in which your Card was issued, the Issuer may increase the currency conversion rate (described in the immediately preceding section) up to an additional 2% and will retain this amount as compensation for its services. This charge is independent of the currency conversion rate established by Visa U.S.A. Inc
        [/quote >


        Or from Account Now

        [quote]

        If you obtain your funds in a currency or country other than the currency or country in which your Card was issued, the Issuer may increase the currency conversion rate (described in the immediately preceding section) up to an additional 2.95% and will retain this amount as compensation for its services. This charge is independent of the currency conversion rate established by MasterCard International Incorporated or Visa U.S.A. Inc. (depending on the card you have)


        You'll need to pull our your debit card agreement and read the section called reguarding international transactions.  This is where it'll detail how much the issuer charges for doing an out of the US Transaction.  Some don't charge (ex: netspend) and others do charge.

        Hope this helps clears a few things up.
      • Avatar 1850
        • Replied by
          Super Hero
          1,735
        • last active 1 day ago
          I noticed my Greendot has me in the negative $6 some odd dollars and it's not the monthly maintenance, it's intl' fees. They didn't used to do this. I guess they figured if you can't beat em (stop us from online gambling) with card, they may as well join em (cash in on our fun)

      lcb activities in the last 24 hours

      • 37
        new members
      • 648
        members online
      • 13053
        guests online
      • 92
        new posts
      • 943
        free games played
      Join the club

      Most viewed forum posts

      • Putting on lipstick emoticon 1
        Hi LCB'ers,Here is a list of freebies that are not on the weekly code list. This list includes casinos to check your acct, call/email for free chip and casinos not listed here at our forum.  I will update this list on...
        More Free Chips
      • Putting on lipstick emoticon 1
        LCB $250 August Contest – Lets Play Roulette     Hi LCB'ers because of the launch of the new site design i had to temporarily close this contest. Lets start fresh - for any member that may have already enterted a...
        CLOSED - LCB $250 August Contest – Lets Play Roulette
      • Putting on lipstick emoticon 1
        LCB $500 10th Anniversary Contest Wow, can you even believe it’s been a whole ten years we have been around! I know I am personally thrilled I have shared this time together with the old timers and of course all...
        Closed - LCB $500 10th Anniversary Contest

      Join today and start earning rewards

      You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
      S logo
      Select Language
      Search
      Search Results

      Report to moderator

      Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

      Please note that your email address will be revealed to the moderators if you use this

      Submit
      39012170