Founded in 1850, American Express, also known as Amex, is a multinational financial services system hailing from the United States, and is one of the 30 components of the Dow Jones Industrial Average. American Express provides a variety of financial services, but they are best known for their credit cards, and Amex cards account for approximately 24 per cent of the total dollar volume of credit card transactions in the United States. An Amex card can be used for both personal and business use, with various withdrawal limits and is one of the most esteemed cards worldwide. The company is considered to be of such global worth that both BusinessWeek and Interbrand ranked it as the 22nd most valuable brand in the world, estimating the brand to be worth US$14.97 billion, and Fortune listed Amex as one of the top 20 Most Admired Companies in the World. Cards are offered in American dollars or Euro to benefit the frequent traveller, or holder of foreign currency accounts. Amex is available the world over, in North and South America, Europe, Africa, Asia and Australia. Read on to learn all about American Express Online Casinos.
The Establishment of American Express
When you use American Express online casinos, you can be rest assured that you are using one of the most trusted cards in the world, with a history going back to the mid-19th Century. With 166 years of experience of giving customers financial services, you can trust that your casino accounts will be in experienced and safe hands. In fact, American Express account for approximately a quarter of all card transactions in the United States. You can look at the best American Express online casinos below.
How an American Express Online Casino Works
Like every other credit card, American Express deposits and withdrawals entail giving out the details on your card to the casino you are depositing or withdrawing into. The system is safe, as all the data is stored on very secure servers, but as an added measure card details are not saved on the server in their entirety, requiring the user to enter a detail with every required use, normally a 3-digit pin from the back of the card. This ensures that even if data is stolen, it would make it much more difficult to access your account.
When you are using an American Express online casino, you need to register an account at that casino, select the American Express payment option from the drop-down menu, and carefully include the details required, normally this is the card number and expiry date found on the face of the card, and the four-digit CVV code found at the back of the card. Once this has been accepted, then you add the amount you want to deposit into your online casino account, and any bonus code. Then you click submit and your desired deposit should be in your account almost immediately. For the high-rollers, with your Amex you can deposit much higher amounts than if you are using another payment option so you won’t have to use multiple cards to get the amount you want deposited, you can do it in one simple transaction.
American Express really do put the customer first in terms of the assistance they provide to their clients. As an Amex user, you are provided with individual support via telephone hotlines, through email, or you may use their extensive FAQ page on their website. Their support is available 24 hours a day, 7 days a week in several languages the world over. However as your first port of call, contact your financial provider first with any issue as the cards are issues by third party providers such as banks.
The Advantages of Using American Express Online Casinos
On both the Membership Rewards Scheme and the American Express Select scheme, you may add a supplementary card of somebody you trust onto your card, and benefit from their use, by earning points for whenever they use the card. Great if you’re footing the bill or sharing the rewards! If you have a bankroll with a high figure and you wish to make large deposits when you play, then American Express Online Casinos are your best option.
The Limitations of American Express Online Casinos
Even though American Express is one of the most used cards in the world, unfortunately for American Express holders, there aren’t too many casinos that accept this banking option to make deposits into your casino account. This is because of the very strict banking regulations in the USA surrounding gambling transactions. However, if you are an American Express card holder and you want to use this card specifically, you will still be able to find some casinos to use your card as there are a still a few that do accept it, it’s just that your options may be narrowed down a bit. There are good online casinos that have decided to keep American Express as a payment option despite the regulations, so you can still play your favorite games and get great promotions and offers, you just won’t have such a wide selection of casinos to choose from. The fees to use an American Express Online Casino also tend to be higher than other cards.
As with other credit cards, deposits into your casino account will be instantaneous, this means you can play your favorite game and take advantage of that great promotion without having to wait a moment. Withdrawals will take around 3 to 5 business days on average, depending on what country you are banking in, so it is a bit slower than other cards, but faster than other banking services such as bank transfers.
Play Securely at the Best American Express Online Casinos
Amex cards are the most trustworthy cards in the business. Even though the selection of casinos you can use this card at are limited, you can still play all your favorite online casino games. We have done the work for you and have put together a list of all the top online casinos where you can use your Amex. It’s particularly worthwhile for high-rollers to play at an American Express online casino due to the large deposits allowed by American Express which are not matched by any other card.