Credit card payments have long been the de facto standard casino deposit
method, but a growing number of credit card companies and US banks
are refusing to accept credit card payments related to online casino
gambling. The reasons that are given are the high chargeback rate
that is associated with credit card payments related to online casino
gambling, and the uncertain legal climate in the US.
Any credit card payment is in fact a loan. If paid on time you are
not charged interest, but if not paid on time the interest rate can
be very high, although never exceeding 25%. The credit card holder
is liable for the loss or fraudulent use of the credit card up to
$50. However, frequently this fee is waved, provided the problem is
reported timely.