American Express Casino Deposit Method
American Express, also called AMEX, is one of the largest banks in the world, well known for its premium credit cards, debit cards, and cheque businesses. The company was founded in 1850 and has more than 110 million cards in use worldwide. While the majority of its users are located in the United States, AMEX is not limited to just one region or market and can truly be considered a global company.
American Express cards are widely accepted online, including at some of the best gaming sites, due to the top security measures in place and the convenience of using them. Customers can make safe deposits through American Express online casinos within minutes and can withdraw winnings at any time, without any hassle. Additionally, AMEX’s mobile app, available for iOS and Android, ensures that clients are always in control and have all the information at their fingertips. Stay tuned for more information about using this payment method at your favorite online casino.
History of American Express
Located at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan, American Express is a multinational corporation whose focus is payment card services. A Dow Jones Industrial Average component and company founded in 1850, it has 30 components. Since 1958, the company has used a gladiator or centurion as the logo on its traveler’s checks, credit cards, and charge cards.
Amex ventured into the brokerage industry during the 1980s, acquiring what became Shearson Lehman Hutton in increments and then divesting these into what became Smith Barney Shearson (owned by Primerica) and revived Lehman Brothers. Both the Shearson and Lehman names didn’t exist by 2008.
As of 2016, American Express was responsible for 22.9% of the dollar volume of U.S. credit card transactions. At the end of December 2019, the company had 114.4 million cards in circulation, including 54.7 million in the U.S., with average spending of $19,972 for each card.
American Express was named the 23rd most valuable brand in the world (and the highest within the financial services sector) by Forbes in 2017, with an estimated value of US$24.5 billion. Fortune magazine, based on employee satisfaction surveys, ranked American Express ninth on its list of the Top 100 Companies to Work For in 2020.
How to deposit Using American Express
It is very easy to make an Online Casino AMEX deposit as the entire process takes only a few minutes to complete. The leading operators allow you to deposit using your mobile phone while still providing perfect security. You can deposit at an American Express casino regardless of whether you play on a desktop computer or an Android or iPhone:
- Get your AMEX card ready
There are a variety of American Express cards available so that every customer can find the right card for them. The website allows you to apply for one. There are guides available to help you through the process.
- Go to the cashier at your online casino
You can open the cashier at the online casino website after creating an account at your chosen AMEX casino.
- Select American Express as your deposit method
AMEX is usually the first option offered, and its logo makes it easy to recognize.
- Fill out the required fields
Your credit card details and desired deposit amount need to be entered in the boxes. You should keep in mind that most casinos have a minimum deposit limit of $10 or $20, and take no fees on deposits. Once the payment is made, you will receive a text message with a confirmation code.
- Take part in the exciting gaming action
Upon confirmation of payment, funds will be available in the casino balance immediately and can be used freely to bet on games.
How to Cash Out Using American Express
Withdrawal of funds using American Express is as straightforward as making a deposit. Here are the steps to follow to complete your withdrawal using American Express:
- Log in and navigate to the cashier
To make withdrawals easy to access, a withdrawal tab should appear in the menu, along with your available balance. You can withdraw only your real money balance, not any active bonuses.
- Select American Express for withdrawals
You must enter the account information exactly as it appears on the card you used to deposit previously and are now using to cash out. Doing so ensures that your funds are protected and that only you have access to them.
- Enter the amount you want to withdraw
AMEX online casinos generally have standard withdrawal limits. Depending on the site, the minimum payment is $20, while the maximum can even exceed $100,000. Fees are also displayed here, but they are usually covered by the operator.
- Wait a few short days
Due to bank processing, withdrawals from casinos to American Express can take up to five days to appear on the card. However, payments get processed faster a higher number of times than they get delayed.
Safety and Security
To keep its customers’ funds and information safe, American Express constantly works to make improvements. The safety measures in place make AMEX one of the safest banking methods around. Among the best examples is two-factor authentication for online payments. Every time users make a payment, they will receive a unique code that they must enter to confirm the transaction. It only applies to deposits made at online casinos that accept American Express.
You can download the new AMEX mobile app for iOS and Android devices for free. You can keep track of your account at any time, day or night, after connecting it to the app. To add an extra layer of security, you can connect using your fingerprint or Face ID. You can also set and customize notifications and alerts for purchases.
The American Express account is protected online for extra safety. The system monitors the account and contacts the owner automatically if it detects signs of a compromised card. In addition to automatic timeouts after 10 minutes, email confirmations for recovering passwords, personal security keys, and pre-purchase verification, users can also expect several other online security measures.
Pros and Cons of American Express
There are perks that you enjoy by making use of American Express as your preferred casino withdrawal method. Read on to get more details about these pros and cons:
Here are some of the upsides of making use of American Express at your preferred online casinos:
- Safety and Security is Guaranteed
You can allay all fears of a breach or cyber attacks when making use of American Express as your preferred payment method. You’re in safe hands! You can read more about safety and security by scrolling down.
- Very Swift Deposits
Deposits you make with American Express reflect immediately you send them to your preferred online casino. Hence, you can start playing your favorite games within a very small time.
- Ease of Operation
Using American Express at your favorite online casino is pretty easy. With the steps above, you can easily get to speed within a short while. Moreover, you can make deposits and withdrawals using your PC, tablet, and mobile phone.
The downsides of using American Express include:
- Withdrawal Time may extend sometimes
For players who want their cash as soon as they hit the button, this is a big turnoff. American Express sometimes takes up to five business days.
- American Express Credit Cards do not have Annual Fees
American Express Credit Cards usually have annual fees. While some players are comfortable with these, it’s a turn-off for others.
Due to its worldwide availability, ease of use, and its excellent security measures, American Express is a highly recommended method for online payments. Casinos that accept AMEX provide a good gaming experience with secure deposits, top games, and fast withdrawals. Furthermore, when you use AMEX you will also be eligible for generous bonuses and rewards.
Take advantage of the best online casinos that accept American Express today!