Even though American Express is one of the biggest charge and credit card providers in the world, it is not a very popular payment method among gamblers. Using it for betting-related transactions can be complicated due to certain restrictions, so a lot of people refrain from using it. However, there are also some advantages that might make the effort worthwhile. Let’s learn more!
The Best American Express Betting Sites 2021
What Is American Express?
American Express (also known as AmEx) is an American multinational corporation that is most popular for its credit and charge cards. At the moment, there are 117.8 million of their cards in circulation, which makes American Express the biggest card provider in the whole world.
Their cards are popular because they offer reward points that users can spend on services that their partners provide, many of which are travel-related. It is the credit card of choice for the majority of Canadians and Americans.
Why Use American Express?
American Express is one of the safest ways to pay for products and services online. Moreover, you will be able to start playing immediately, as you can deposit real cash in a matter of seconds.
In addition, as we mentioned earlier, you can earn reward points by using American Express, which means that you can save money in the long run. That is especially useful if you bet large amounts of money. Finally, American Express is an affordable choice, as it does not include a lot of fees.
How to Deposit Using American Express?
Depositing money into a betting site with an American Express card couldn’t be easier. Here are the steps.
- Log into your betting account and go to the “Cashier” section.
- Choose American Express or “Credit cards” from the list of payment options.
- Choose the amount that you want to deposit.
- Enter your card number and the CVV2 code.
- Click the “Deposit” button and start betting away.
How to Withdraw Using American Express?
Unfortunately, American Express can be used only as a deposit method, as it does not allow withdrawals. If you have some earnings that you want to withdraw, you will need to use another method from the available payment options on the website.
American Express Online Betting Sites
American Express is one of the most popular payment methods in Canada and the United States. However, the list of betting sites in Canada that offer this payment method is not that long. Therefore, it’s not the ideal payment method. However, most popular betting sites do support it and allow AmEx deposits.
Disadvantages of Using American Express
Even though American Express is a very reputable brand, MasterCard and Visa are much more popular when it comes to making transactions on betting sites in Canada. The reason is that not all betting sites accept American Express as a payment method. Moreover, even those that do, accept it only as a deposit method.
Also, in some cases, depending on the betting site in question, you may need to pay a higher transfer fee compared to other payment methods.
American Express Customer Support
One of the reasons why the American Express company is so successful and popular is because they have very good customer support. You can get in touch with them via phone, send them an email, or use the Live Chat feature. They are known to be responsive, polite, and very helpful.
American Express FAQ
How long does it take to receive money using American Express?
Unfortunately, American Express can only be used to make deposits.
Does it cost more money if I make a large deposit?
No, it does not. There are often no deposit fees related to American Express. If there are, they are usually fixed.
Can I use American Express outside of Canada?
Yes, American Express can be used in the United States, European countries, and many other countries around the world.
Who benefits most from using American Express?
Players who are interested in collecting reward points and those who want to use them for travel would benefit the most from using American Express on betting sites in Canada.
Which banks is American Express available through?
The American Express card is issued by the American Express company, as well as some other banks such as the Bank of America, the Bank of Hawaii, Barclays, First National Bank of Omaha, and so on.
Do I have to open an account with American Express to use their services?
Yes, in order to get an American Express card, you first need to open an account at one of their offices.
Are transactions via American Express protected?
Yes, transactions via American Express are protected. AmEx offers one of the best safety protocols in the world, which makes it ideal for betting transactions.
Can I reverse a transaction using American Express?
Yes, you can reverse a transaction using American Express by contacting the American Express support.