Reviewing the Payment Options at El Royale Casino in 2020

By Daisy Williams in Rankings and Reviews
| September 14, 2020 7:15 am PDT

Flappers, jazz, and a cocktail like a Bee’s Knees may immediately take you back 100 years to the Roaring 20s, as will a trip to the El Royale Casino.

The El Royale Casino is one of the newer additions to the online gambling community, and one of the better choices for Americans and Australians. We were impressed with El Royale right out of the gate, and it quickly made our list of the best new US online casinos.

Not only do we have a complete review of El Royale that provides in-depth information on the ins and outs of this particular website, but we keep it up to date so that you always have an accurate assessment. Our full review details the table games, slots, and video poker selections, as well as promotions, welcome offers, and deposit and withdrawal methods.

While you can read through the banking alternatives in the full review, I’m going more in-depth on the individual deposit and withdrawal methods at El Royale Casino.

If you’ve been curious about using a prepaid card or perhaps Neosurf is new to your vocabulary, then this is for you. You’ll be ready to deposit or, better yet, make a withdrawal from El Royale in no time.

Five Banking Options

El Royale Casino accepts players from most legal jurisdictions around the globe, but it focuses primarily on its clientele from the United States and Australia.

Areas that are first and foremost on the list for any online gambling site dictate the available deposit and withdrawal methods.

Whenever you see a site accept Americans, you can be sure that there’s something on the list besides credit and debit cards. That’s because traditional banking methods aren’t always successful for US punters.

The second trend that typically goes hand in hand with extending an invite to the US is that withdrawals tend to take days instead of hours.

Five banking options are available to patrons of El Royale. Even though most of the selections could extend turnaround times for withdrawals to five business days, there is one, in particular, that won’t keep you waiting that long.

Traditional Debit and Credit Cards

  • Minimum Deposit: $30
  • Maximum Deposit: $1,000
  • Deposit Turnaround: Instant
  • Minimum Withdrawal: $150
  • Maximum Withdrawal: $2,500
  • Payout Turnaround: 3-4 business days
  • Fees: $0
  • Currency: USD or AUD

It’s probably no surprise that El Royale Casino accepts Visa and Mastercard, as they’re typically the first on the banking list for most online gambling sites.

These days, debit and credit cards are the most traditional forms of funding player accounts. Whereas it used to be challenging to be able to get a payout back onto the card, that’s not the case anymore as long as it’s not prepaid.

Using Visa or Mastercard is a straightforward method, but it’s not always guaranteed. Unlike Bitcoin or e-wallets, the financial institutions are intermediaries and may or may not approve the transactions. So, the bottom line is that using a credit or debit card may be the easiest method for you, but your bank has the final say.

The Privacy of Gift Cards

  • Minimum Deposit: $25
  • Maximum Deposit: $500
  • Deposit Turnaround: Instant
  • Minimum Withdrawal: DEPOSIT ONLY
  • Maximum Withdrawal: DEPOSIT ONLY
  • Payout Turnaround: Five business days via bank transfer or check
  • Fees: $0
  • Currency: USD or AUD

Gift Cards may bear the Visa or Mastercard marking, but they’re distinct when it comes to funding your betting account at El Royale Casino.

On the one hand, you’ve got the benefit of instant acceptance, as well as privacy and security. You’re not sharing any personal banking information as the card is prepaid and creates more of a cash type of transaction.

But, on the other hand, gift cards have more limitations than their conventional credit or debit counterparts. The maximum deposit with a gift or prepaid card is $500 instead of $1,000. After you’ve amassed all of your winnings, you can’t have them transferred back to your original funding source.

When you use a prepaid card, you’re committed to receiving payouts through a bank transfer or check.

When it comes to gift cards, they’re one of the most convenient and secure methods for depositing. It’s a different story, though, when it comes time to cash out your winnings. Bank transfers and checks take up to five business days in addition to processing.

Pay and Play with Neosurf

  • Minimum Deposit: $10
  • Maximum Deposit: $250
  • Deposit Turnaround: Instant
  • Minimum Withdrawal: DEPOSIT ONLY
  • Maximum Withdrawal: DEPOSIT ONLY
  • Payout Turnaround: Five business days via bank transfer or check
  • Fees: $0
  • Currency: AUD

If you’re a resident of the United States, Neosurf may be an entirely foreign concept. That’s because it’s a prepaid funding method offered in 50 countries, but the U.S. isn’t one of them.

Neosurf is a viable option if you’re in Australia, though. It’s quite similar to a prepaid gift card as you pay cash for a voucher at local retailers. To use it, you provide your pin to El Royale Casino (or one of 20,000 online partners).

This particular deposit alternative gives you the privacy and security that you desire. But, like gift cards, things change when it comes time to request a withdrawal as you’ll need a bank account or to request a check.

Bitcoin Could Be the Best Coin

  • Minimum Deposit: $20
  • Maximum Deposit: $2,500
  • Deposit Turnaround: 15 minutes or so
  • Minimum Withdrawal: $150
  • Maximum Withdrawal: $2,500
  • Payout Turnaround: 1 to 3 business days
  • Fees: $0
  • Currency: USD or AUD

Bitcoin is the only cryptocurrency accepted at El Royale Casino. It’s a non-traditional global payment method that ensures that you can fund your player’s account, as there’s no bank or other financial institution in the mix. As long as you have the funds in your Bitcoin wallet, then you can be up and running as the newest El Royale player in 15 minutes.

As El Royale allows for players from the United States, Bitcoin is the one method that you can rely on for both deposits and withdrawals.

In addition to the surefire deposits, payouts are issued back to the same Bitcoin account. It’s the fastest for payout turnarounds, the best for more substantial deposits. You can transfer up to $2,500 per Bitcoin transaction, whereas credit cards have a $1,000 maximum.

Conclusion

If you’re considering giving the El Royale Casino a go, you’ve got five ways to deposit and get your account up and running.

El Royale doesn’t tack on any banking fees. While it can’t compete with some of the online casinos with their nearly instant payouts, this particular site won’t drag things out, either. Bitcoin users could have their winnings in their wallets the same day, if not the next. Credits to bank cards will take three to four days.

The one thing that I noticed above all else is that El Royale has full transparency. You’ll find detailed information on banking and all of the casino’s terms and conditions as well as email addresses for quick customer support.

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