Credit Card Fees for US legal sportsbooks

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  • davethegambler
    SBR Hustler
    • 01-13-21
    • 64

    #1
    Credit Card Fees for US legal sportsbooks
    Has anyone tried to deposit into a US legal book like draftkings or fanduel with a credit card? Do they charge you a transaction fee or some other hidden fee?
  • Optional
    Administrator
    • 06-10-10
    • 60711

    #2
    It can be coded as a cash advance and attract higher interest charges for some cards.

    Should be nothing else unexpected.
    .
    Comment
    • stevex
      SBR Hall of Famer
      • 05-02-10
      • 5122

      #3
      Good luck getting a credit card to actually work. Most get decline I would think.
      Comment
      • luckylefty73
        SBR Hustler
        • 06-15-21
        • 61

        #4
        Yeah most decline the card, I got one thru to Fanduel earlier this year. Then same card got declined.
        Comment
        • Shifty
          SBR Wise Guy
          • 08-10-08
          • 558

          #5
          There's a prepaid card option at several US books where most cards are accepted but ************ do get charged a cash adv fee. Use a debit card to avoid fees. Debit card-->Prepaid card-->sportsbook.
          Comment
          • Roger T. Bannon
            SBR Hall of Famer
            • 06-28-18
            • 5139

            #6
            I have deposited to both FanDuel and DraftKings via card with no problem. But that is for fantasy in a state that does not allow gambling. I would expect it to work the same for sportsbook but maybe not.
            Comment
            • littlekona
              SBR Hall of Famer
              • 11-19-15
              • 5241

              #7
              all my credit and debit cards work no issues no fee's at state side books. I do get interantional fees on a few cards when I buy crypto @ crypto.com though
              Comment
              • mrpapageorgio
                SBR MVP
                • 09-07-17
                • 2974

                #8
                I have had no issue using a card to deposit in a legal book, however my CCs are issued through my credit union and from my understanding, they are usually more lenient.

                I tend to avoid using a CC anyway since it doesn't appear to code as a cash advance, but it's coded in a way I don't earn points on my rewards card.
                Comment
                • big joe 1212
                  SBR Posting Legend
                  • 06-01-08
                  • 19379

                  #9
                  I use my debit cards, no problems
                  Comment
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