What is a prepaid credit card?
A prepaid credit card is a card supplied by a financial institution that’s protected with prepayment. This means that you’re able to preload cash onto the card and spend it as you please. The great thing about these cards is that they’re incredibly secure, which makes them perfect for those who do a lot of online shopping or play online slots with a credit card. The transactions are quick and anonymous, which means that if they’re lost, there’s no danger other than a mild inconvenience.
While prepaid cards may resemble debit or credit cards, they’re quite different. To make a purchase, you’ll need to ensure that the card has been loaded with cash. This method has become extremely popular to a point where online casinos have adopted them as one of the most common means of banking on their platforms.
Purchase and Loading Procedure
Visa Prepaid Credit cards can be obtained at your nearest financial institution such as Westpac Bank, Kiwibank and Anz Bank. They can also be purchased online and bought at a variety of selected stores. These Reloadable Prepaid cards can be topped up by either directly transferring money from your bank account to the card, purchasing a reload pack, or adding funds at the financial institution or retail location that offers the service.
There are a variety of ways to top up your prepaid card, it all comes down to what’s the most convenient option for you.
Banks that Offer Prepaid Credit Cards in NZ
Prepaid credit cards are available at a variety of banks, below you’ll find a list of financial institutions and the prepaid cards you’ll find which may be used for travel or making small purchases.
- One of the best prepaid credit card nz option is offered by Westpac. Check all details directly on the bank's website Westpac Bank Prepaid Cards
- ANZ prepaid card is available at your local branch of Anz Bank
- The Prepaid Credit Card Kiwibank ticks off all the boxes for the safest and most convenient Prepaid Visa Card, that is easy to use and reloadable.
While the above mentioned are some good prepaid cards available on the Kiwi market, there are also some of the best credit card casinos which we’ll be discussing below, all of which allow you to make quick and easy deposits.
Online Casinos that accept Prepaid Credit Cards
|Casino Brand||Prepaid Cards Accepted|
|Jackpot City Casino NZ||Jackpot City is one of the leading online casinos in New Zealand and also hosts a variety of banking methods which also includes the use of a Visa prepaid card.|
|Royal Vegas Casino NZ||Royal Vegas provides its players with a great variety of banking options. This includes the use of an online casino prepaid credit card.|
|Playamo Casino NZ||Playamo not only has a games selection of over 3000 titles, Playamo Casino is also a great online casino that accepts Prepaid MasterCard and Visa.|
|Betway Casino NZ||Betway Casino is yet another well-established brand that also has a reputation for being one of the best prepaid credit card casinos around.|
|PlayOJO Casino NZ||PlayOJO offers a variety of games and many banking option for Kiwi players, including prepaid Visa cards for safe and anonymous deposits.|
|Casino Lab NZ||Casino Lab is one of the best new online casinos that already gained a lot of popularity among NZ players, and offers several different paying methods including prepaid Visa.|
What Prepaid Credit Cards are available?
If you head onto any NZ online casino, you’re sure to find that either VISA or MasterCard (mostly both) will be available. If the casino only accepts prepaid credit cards, it will specify that, but usually, it will accept any form of VISA or MasterCard payment. This means that you’ll be able to use prepaid cards at your favorite online casino and not have to worry about security or any form of breach of privacy as your deposit will be completely anonymous.
The UK has seen its share of adversity as credit cards were banned from being used for gambling purposes. This new regulation has left a hole in the market where prepaid credit cards have taken their place in the online gaming community. Players have started to make use of disposable credit cards which leave no trace of identity and are relatively convenient to use. Luckily in New Zealand this is not the case and credit cards both “regular” and prepaid are fully accepted.
Making a deposit at an online casino with a prepaid card is quite easy as your first step will be to access the Cashier Page and head into the deposit section, thereafter, select your deposit method. Aside from being incredibly secure, using the prepaid credit or debit cards result in instant deposit times.
MasterCard Prepaid Card
If you’re looking for an easier way to pay for small items or to make an anonymous payment at an online casino then look no further than the MasterCard Prepaid card. This cash alternative is proven to be safer than cash, and if it’s lost, your cash can easily be recovered. There’s also no bank account required to procure one of these cards and you won’t need to do a credit check either. The best part about it is that you’ll be able to use it all over the world where MasterCard is accepted.
Visa Prepaid Card
Visa Prepaid cards are reloadable cards that are safe and easy to use and form a great cash substitute. These cards are great for everyday use and can even be given to your kids as a means to pay for their lunches. Visa Prepaid cards are also protected against unauthorized use and can be used online to make an anonymous purchase or payment into a casino account. Visa Prepaid cards are available at your local financial institution such as ANZ, Kiwibank, ASB Bank and more.
Security and Bankroll Regulation
As previously stated, prepaid debit and credit cards are incredibly secure and you’ll never need to reveal any personal data. Due to the absence of banking details and social security numbers, there’s no information to steal. Hence, if you were to lose your card or if it were to be stolen, there’s no way for anyone to use the card maliciously without your permission. So, overall, there are plenty of security benefits that are relative to the use of a prepaid card.
The only thing you should be careful about is making sure that the gift package containing the prepaid card is perfectly sealed and untouched. Scams have been reported in the past where packages were slit open and cards replaced with invalid ones.
These cards are also great for responsible financial management as there are limits set to them which allows them to be used for purchases which sticking to the budget. Prepaid cards are disposable and there are no dire consequences to losing the card. This is somewhat the same thing as what you’d get when going to a fancy arcade or a land-based casino.
Benefits of Cash Voucher Casino Deposits
- Get them anywhere: Yes, you can buy these prepaid vouchers in nearly all local shops around your neighborhood.
- Instant funding: You account is credited with money in the blink of an eye. No processing or waiting time, enter code and off you go to spin the reels of your favourite pokie.
- No personal data required: regardless of your credit background, a prepaid card allows anyone to deposit anonymously without having to reveal any personal information. A big plus for privacy.
- Low minimum deposits: for all those who want to try a casino without investing too much into it, prepaid cards are ideal. $5 minimum deposit casinos are the perfect place to start using your prepaid card.
Alternative Prepaid Cards
While Visa and MasterCard are the most popular prepaid options, there are many alternative online casino prepaid options available, such as Paysafecard, or Neosurf which have made it easier for people to bank with online casinos over time. There are plenty of advantages that go hand-in-hand with using a prepaid card and due to the variety of options that are available and how many casinos offer them, there’s no way that anyone would turn down a method that’s quick, easy-to-use, and safe. Paysafe Card Vouchers can be bought at your store around the corner, where you top up you transportation card for example. You then just need to enter a 16 digit PIN at the casino's cashier and your account is funded in no time.
There are a few disadvantages that come with using a prepaid card such as additional service charges when using ATMs along with a monthly fee for the use of the reload cards. One of the biggest disadvantages when using prepaid cards is the fact that you won’t be able to use them to make a fast withdrawal. This is due to them not being connected to a bank account, hence there’s nowhere for the cash to go once it’s removed from the casino wallet.
The use of pin-based systems remains quite common and can be done anywhere from your bank to your local 7Eleven. What makes these so great is that all you need is a pin and you’ll be able to transfer money directly into your online casino account without the need to use a card. Paysafecard is one of the most popular disposable prepaid cards available today and is used by many gaming fans as trusted payment method in New Zealand.