We have taken a comprehensive look at all the various payment methods available at legal NJ online casinos. Below find out which sites accept what methods for deposits and withdrawals and a closer look at the pros and cons of each payment processing option
NJ online casinos have come a long way since launch. These days, it isn’t uncommon for a site to offer more than half-a-dozen means of funding an account, and nearly as many vehicles to withdraw funds.
Players will be pleased to know that the majority of deposit methods allow for instant access to funds. Not only that, but even players without bank accounts or credit cards can get in on the action, thanks to processing methods such as 7-Eleven PayNearMe (Pay With Cash) and the ability to pay with cash at casino cages in Atlantic City.
Admittedly, the system isn’t perfect yet. Credit and debit cards transactions are still subject to high rejection rates, and not all attempts to fund an account with ACH (eChecks) are met with success.
The new Wire Act opinion also puts a damper on payment processing, as banks and e-wallets may be less inclined to risk an interstate transaction.
How can I deposit at NJ online casinos?
These days, the average NJ casino site provides players with more than a half-dozen viable means of depositing funds safely and securely on to its site. This table breaks down how you can make a deposit at NJ’s online casinos.
|ACH (eCheck)||Credit / Debit||Prepaid||PayPal||Cash||Cash @ Cage||Neteller||Skrill||Bank Transfer||Wire|
How can I cash out from an NJ online casino?
Each NJ online casino offers multiple withdrawal methods. The table below provides a snapshot of how you can cash your money out from NJ online casinos.
|ACH (eCheck)||Prepaid||PayPal||Cash @ Cage||Neteller||Skrill||Check||Wire|
NJ online casino payment methods: Details and picks
ACH or eChecks is the gold standard for payment processing.
All players need to use this method is a valid checking account, complete with a routing and account number.
The upside to ACH deposits is that transactions are processed instantaneously, and once the transfer is approved, the funds will be available for immediate use on the NJ online casino site. Not to mention, there are no fees whatsoever associated with ACH deposits.
ACH transactions are not without their drawbacks, however slight. Notably, they are rejected from time to time. And sometimes, the site will slap a hard (and seemingly random) deposit cap on the ACH account.
But an 80%+ approval rate is hardly anything to scoff at.
Some sites will require players to verify their ACH accounts before using them for withdrawals. This typically entails scanning a voided check or downloading a recent bank statement, and shipping it over to the site. It’s a slight hassle, but the extra layer of security afforded is well worth the extra step.
Speaking of ACH withdrawals, the turnaround time is quick. From the time a payout is requested, players can expect to wait no longer than 3-5 business days for the funds to hit their bank account.
Our pick for ACH deposits: Virgin online casino, although the edge at any casino with this method is slim.
Credit / debit cards
MasterCard and Visa credit/debit card deposits are a convenient way to deposit funds, if they work. The reality is that this transaction type is subject to the highest rejection rate of any we analyzed. As we’ll see, there are workarounds, but all of them task players with extra steps.
To save you the trouble, we’ve identified the following banks as known for declining Visa transactions:
- TD Bank
- Bank of America
MasterCard users will have a tough time, if their card was issued by the following banks:
- Capital One
If a transaction is successful, the funds will be immediately loaded and available for use on the site. Do note that while the NJ online casino site will not charge credit/debit card users any upfront fees, the issuing bank may view the transaction as a cash advance. To dodge a fee, use debit cards whenever possible.
Credit and debit cards cannot be used for withdrawals.
Our pick for credit card deposits: Golden Nugget has one of the higher acceptance rates in NJ.
Prepaid card options
For those who have had their credit/debit card transactions rejected, the prepaid card option (now available on most sites) is an excellent alternative. Outside of the person-to-person cashiering methods, prepaid card transactions boasted the second highest approval rate of any transaction type we analyzed — near 100 percent.
Getting up and going is a cinch (We’ve detailed the process here). Players won’t even need to acquire a physical card to make prepaid deposits and withdrawals.
They’ll probably want one, however, as the card can be used for ATM withdrawals and wherever Discover is accepted. On most sites, the physical card will automatically arrive 7-10 days after a player makes their first deposit via the prepaid card method.
There is typically no sign up or monthly fee associated with prepaid card transactions, and on Golden Nugget Casino, the operator will tack up up to 1 percent cashback on card loads.
Used for withdrawals, prepaid card payout requests are typically processed and delivered within a couple of business days.
Our pick for prepaid card in NJ: Betfair.
PayPal is the most popular and respected ewallet in the US, and is now available on select NJ online casino sites.
In order to use this method for deposits, players must have a personal US PayPal account — business or premier accounts cannot be used.
Compared to ACH or credit/debit cards, using PayPal for deposits does entail a few extra steps. Namely, upon selecting the method players will be redirected to the PayPal checkout screen, where they must verify their transaction. This step really only adds a few seconds to the total transaction time, but some may deem it a hassle. The good news is that once the deposit is processed (takes seconds) the funds are available for use on the NJ online casino site immediately.
Unfortunately, PayPal cannot be used for withdrawals unless the method was previously used for a deposit. Additionally, a site (Caesars Casino being one) may ask users to verify their PayPal account.
But in terms of success rates, ease of use, and flexibility, PayPal ranks second to none.
Our pick for PayPal in NJ: Caesars online casino.
7-Eleven PayNearMe (Pay With Cash)
For players who prefer in-person cash transactions, 7-Eleven PayNearMe is one way to go.
In order to deposit via this method, players will select the “Cash at 7-Eleven” or “Pay With Cash” method from their available cashiering options. From there, they can either print a barcode or have one sent to their mobile device.
To complete the transaction, players will have to take their barcode to a participating 7-Eleven, show it to the cashier, and fork over the amount (in cash) that they’d like to deposit.
One drawback of PayNearMe is that the maximum per transaction deposit is capped at just $500 (minimum $10). That, and players will have to leave their house to finish the transaction.
On the plus side, they shouldn’t have to travel all that far, as there are numerous 7-Eleven’s located in New Jersey. In addition, PayNearMe deposits hit player accounts very quickly — by the time they get home, the funds will be ready for use.
Players cannot withdraw via PayNearMe.
Cash @ the Casino Cage
Similar to PayNearMe, Cash @ the Casino Cage is a person-to-person transaction type. Yet unlike PayNearMe, this vehicle can be used for speedy withdrawals.
In order to load a NJ online casino account via this method, players will have to physically travel to Atlantic City.
Then, they’ll visit the cage of the casino which their online casino is affiliated with. For example, Tropicana Casino and Virgin Casino patrons would visit Tropicana AC to complete their Cash @ the Cage transaction.
The neat part about Cash @ the Cage is that transactions are handled swiftly. Just be advised that valid online casino details, a photo ID, and proof of address will be required before a transaction can be completed. This extra step is designed with player protection in mind.
Additionally, some sites will require that players let Customer Support know ahead of time the amount they’d wish to withdraw, along with the pickup date. This is meant to expedite the withdrawal process, and it does.
Our pick for PayPal in NJ: Caesars online casino.
Neteller / Skrill
The upshot to using these methods for deposit is they’re a reliable fallback should a direct credit / debit card transaction fail. Also, once the funds are loaded on a third-party account, they can be instantly deposited on an eligible online casino site.
The drawback, and it’s a pretty big one, is that there are fees associated with funding Neteller and Skrill accounts: 2.5 percent for Neteller Visa transactions, and 2.9 percent for Skrill Visa/MasterCard transaction. Therefore, we’d recommended only using these options as a last line of defense.
Skrill and Neteller both allow for withdrawals, but accounts may need to be verified first.
Online banking transfers
Players that have Online Bill Pay set up with their bank can make deposits using online banking transfers. This payment method is accepted by nearly every NJ online casino site.
Below is a partial list of eligible banks:
- Bank of America
- Capital One 360
- HSVC Bank USA
- TD Bank
- Wells Fargo
In order to deposit with this method, players will select the method from their preferred NJ online casino cashier, after which a window will open where they’ll select their bank and enter in their login credentials.
Online banking transfers can be used for deposits only. Once transactions are approved, the funds are instantaneously ported over to the NJ online casino account.
With the widespread availability of ACH and other “instant” transaction types, wire transfers are a pretty unappealing transaction option. It therefore comes as no surprise, that they’re only available on a few sites.
To deposit with this method, players will have to have their bank wire the money over to the NJ online casino’s listed bank account. On average, it will take five to seven days for the funds to clear, which is a real drag. Fees may apply.
For players who have little success depositing with more viable methods, and who would rather wait a week to gamble than to physically visit a 7-Eleven or Atlantic City casino, wire transfers are better than nothing. But not by much.
Check by mail
Only available as a withdrawal option, the check by mail option is exactly what it sounds like — the NJ online casino will mail players a physical check.
This method works well for players who cannot deposit via ACH, prepaid card, or one of the third-party payment methods, as most of those methods require players to make a qualifying deposit before withdrawing.
On the downside, the minimum payout amounts tend toward the higher side. For instance, in order to request a physical check from Golden Nugget Casino, players will have to withdraw at least $300. That will prove too high for the casual player who only deposits $50 at a time.
Another drawback is that it’ll take somewhere between 7 – 21 business days (site dependent) for the check to hit player mailboxes. That’s an eternity compared to most other methods. Not to mention, checks can always get lost in the mail.
Use it if you have to, avoid otherwise.