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Cash advance fees from your bank
Cash advance fees from your bank

What are these?!

OTB-Support avatar
Written by OTB-Support
Updated over 2 years ago

While MOST banks treat your gambling credit card transactions just like all the other transactions out there, there are a few banks that feel the need to charge you extra for making gambling transactions. We call these "sin taxes" as essentially there is no cost, nor any extra risk for the bank in dealing with regulated gambling transactions, they've just decided that they can make a little more money charging you extra, and so treat these transactions differently than others.

Unfortunately as bank policies come and go, it's difficult for us to know which banks are choosing to do what at a given time. We recommend that you reach out to your bank prior to making a credit card gambling transaction and just ensure they aren't charging you anything extra for spending your money wherever you decide you want to spend your money!

But just to be clear, if your bank charges you a fee for a transaction with us that is THEIR FEE, and THEY (the greedy banks) are keeping the money - it has absolutely nothing to do with us. We only charge you the amount for your authorized deposit, and that's it - and that's all the money we get - in fact, we get less because we're covering the transaction fees the banks are charging us.

Update: We have been informed that CHASE BANK has begun to implement some of these ridiculous Cash Advance fees. Please see the following update regarding Chase


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