What Is The Bet365 Mastercard?
Published on 10/09/19
Online bookmakers are always coming up with promotions, offers and concessions to attract and keep your business, but Bet365 have taken customer service one step further by introducing the Bet365 Mastercard.
It Gives You Instant Access To Your Winnings
Bet365 has always had an excellent reputation for paying withdrawal requests quickly, but the Bet365 Mastercard allows you to withdraw winnings your instantly.
All you need to do is to request to withdraw your winnings from your Bet365 account to your Bet365 Mastercard. You’ll then be able to withdraw that money from any ATM that accepts prepaid Mastercards.
Alternatively, you can use your Bet365 to purchase goods in-store or online from thousands of retailers.
If you want to use the funds on your Bet365 Mastercard to place more bets, you can also deposit some of or all your winnings back into your Bet365 account.
How To Apply and Activate Your Bet365 Mastercard
You must be a member of Bet365 living in the United Kingdom to apply for a Bet365 Mastercard, and to start the application process you’ll need to log in to your Bet365 account. You’ll then need to go to the Services menu where you can click on the “members” tab and then the “Bet365 Mastercard” tab. Here you’ll find simple instructions of how to complete your Bet365 Mastercard application. You’ll also need to read the cardholder agreement and accept the terms and conditions.
Providing you meet all the necessary criteria you’ll only need to wait for between 7-10 days for your Bet365 Mastercard to arrive. Once you’ve got your card, simply return to the members section of your account to activate it.
How To Get The Most From Your Bet365 Mastercard?
If you have deposited funds using a different payment method to your Bet365 Mastercard, you will only be able to withdraw any winnings to your card and not your deposit. For example, if you deposit £50 using your bank card and place that bet on a winning selection at 4/1, you will only be able to withdraw your £200 winnings to your Bet365 Mastercard. Your £50 deposit will remain in your Bet365 account or you may withdraw it using the payment method you used to make the deposit.
Your £200 winnings have now funded your prepaid Bet365 Mastercard and you can withdraw that money from any ATM that accepts prepaid Mastercard. The limit for any single ATM withdrawal is £200 but you can withdraw up to £1,000 a day. The maximum you can have on your Bet365 Mastercard at any time is £10,000.
But you don’t have to withdraw your Bet365 Mastercard in cash, as you can also use your funds to shop online or in-store at thousands of different retailers. You can pay for your weekly grocery shop or treat yourself to something you’ve got your eye on like a new set of golf clubs – ideal if you don’t want anybody else to know you’ve treated yourself.
You’ll also find that Bet365 doesn’t charge you for making cash withdrawals or purchases you make with your Bet365 Mastercard, but some ATM’s or retailers may charge a fee, just as they would for any other type of other Mastercard withdrawals or purchases.
Who Provides The Bet365 Mastercard?
The Bet365 Mastercard is provided by Paysafe Financial Services Limited, a company authorised to provide such products by the Financial Conduct Authority, according to the 2011 Electronic Money Regulations (FRN: 900015). Please read all terms and conditions of the cardholder agreement.
Gimmick or Great Product?
Our view is the Bet365 Mastercard is both a gimmick and a great product. There’s no doubt Bet365 are using it as another brilliant way of keeping existing customers. But it’s also a great product that allows punters to withdraw winnings from an ATM or go shopping with them.