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There’s no denying the fact that credit cards have been and will be the choice of payment method for many online casino players; for players from the Scandinavian and Baltic countries, that is the Eurocard. This is a credit card that has been in operation for decades, really, first offered across many countries, but now focused on the Scandinavian and Baltic markets. Players from these regions love using it, as it has become a brand associated with trust and credibility, and they love the fact that it is offered across many online casinos. So, if a player from the regions, who wishes to experience impeccable online gambling time, stay with us to learn more about it. What is Eurocard and why decide to use it as your online casino payment method?
About Eurocard
Eurocard is, as introduced, a credit card that has been around for ages. It was launched in Brussels as an alternative to American Express in Europe, by Marcus Wallenberg Jr., in 1964, as a non-profit membership association of European banks. By 1968, when the Interbank Card Association appeared, the two partnered up and their cards started being accepted by each other’s networks. This allowed the card to get accepted worldwide and ICA to get European acceptance.
Interbank Card Association is today MasterCard, you may or may not know, so it should come as no surprise that the joint venture eventually led to Maestro International in 1992. Between 1970 and 2002, the card became a dominant brand in Central and North Europe, with its operations relocated to Belgium. In 2002, the company behind it and MasterCard merged, with the card being renamed to MasterCard Europe, but in 2008, the card was taken over by the Swedish Skandinaviska Enskilda Banken, and today, it is a brand dominant in Scandinavian and Baltic countries.
Today, it exists in combination with the MasterCard brand, with its logo not used anymore, but only its name, paired with the MasterCard logo. It still has an official website you could explore if you wish to know your steps to get issued with one, but also to find out more about it. Feel free to explore it, but also stay with us to learn more about its popularity across online casinos that cater to players from the two regions. As you will see, the card is still a hit among players, so if you wish to get started with it, next, we’ll tell you all about the steps you need to take, so continue reading.
Getting Started with It
We already mentioned that there’s an official Eurocard website that you could explore in order to find out more about it. When you actually explore the site, you will notice that the card is mostly being used for business purposes; even the Swedish government has chosen it as its supplier for card and travel account services. However, you as an individual, can apply for a private card, as well.
One of the main perks about this private card is that there is no fixed upper purchase limit with it, meaning you can deposit as much as you wish with it. Plus, it offers a number of smart services you could use to make your online casino banking even more effortless than ever.
You can order your card right there on the website, or, of course, go to any bank that issues Eurocard/MasterCard cards. You have two types of cards to consider applying for, the Platinum and the Gold. Each comes with different perks and benefits, so you better explore more about them to decide on the one to apply for. You would need to press the Apply for Platinum/Apply for Gold button, and then fill out the application form, providing your full name, email address, phone number, social security number, and country code, and select whether you'd wish to pay annual or monthly fees. Continue with the application, and as soon as you provide all the needed details and documents, you will get an email informing you whether you've been approved or denied access to your card, depending on whether or not you've met all the conditions to get one.
Assuming you are eligible to get the card, it will arrive at your home address, along with the needed verification and authentication codes, just like with any other credit card. Once you have your card, make sure you also go to the Google Play Store or Apple App Store, depending on whether you're using an Android or an iOS-powered mobile device, and download its app. In-app, you’ll get insight on all of your spendings and access to good discounts.
So, now that you’re equipped with what’s needed to start using it across online casinos, let’s go over the actual steps you’d need to make to fund your casino balance and cash out winnings from it with this card.
How to Deposit at Online Casinos with Eurocard?
As long as you’re eligible to get issued with a Eurocard, you can rest assured that you’ll be able to use it at any online casino that accepts credit cards, more specifically, any casino that accepts MasterCard. And since every second, if not every single, online casino listed and reviewed here at WoO does, you have hundreds of online casinos to check out before you decide on the one to join.
So, your first task is to make a list of casinos you’d like to check out. Narrow that list down by going through the websites of your candidates, checking their game selection and bonuses. Once you’ve selected two or three potential winners, check whether they accept the card or MasterCard cards. Finally, make your decision on the exact casino you’d like to join and register an account with it. To make a deposit with Eurocard, do the following:
- Enter your player profile on the casino’s official website.
- Look for the Cashier/Banking/Payment Methods page.
- Enter it and in the Deposits section, find the Eurocard/MasterCard/Credit Cards option.
- Select it, and in the pop-up, enter your card information.
- Specify how much you would want to fund your casino balance with.
- Confirm the transaction and watch the money arriving in real-time.
How to Withdraw Winnings with It?
Since this is a credit card after all, it goes without saying that you can use it to request a withdrawal, too. The procedure would be almost exactly the same, only this time, you’d have to select Eurocard in the Withdrawals section.
Bear in mind, though, that the transaction this time won’t be instant, since the casino reserves the right to go over your withdrawal request, check whether you’ve claimed a bonus tied with wagering requirements, and ensure you’ve played through them, to be eligible to cash out your winnings. Assuming all is in order, in 24 to 48 hours, you’ll have your winnings on your credit card.
Fees and Limits
We said that there’s no fixed upper purchase limit with the card, but fees do apply. As of February 2024, the Platinum card comes with a 14% fixed interest rate, compared to the Gold with a 14.8%. At full credit utilization of SEK 50,000/12 months, the effective interest rate is 17.68% for the former, and 16.17% for the latter. The monthly fee with the former is SEK 145, and with the latter SEK 50.
Cash withdrawal fees of 3% of the amount withdrawn apply with both cards, as do fees for replacement card and express delivery of card. Reminder, delay and collection fees apply too, for both, SEK 60, SEK 95, and SEK 180, respectively.
Allowed Countries
We introduced it as a card available in the Scandinavian and Baltic countries, meaning, Eurocard today only works in Denmark, Sweden, Norway, Finland, Lithuania, Latvia and Estonia.
It is no longer available in Germany and Austria, even though those were its primary markets in the beginning. In those markets, today, the MasterCard brand took over.
Therefore, you can only use it if you’re a player from these countries; otherwise, you’d be advised to use the MasterCard card, as this is how the credit card is known in the rest of the countries today.
Accepted Currencies
From what we could see on the official website, the official currency of the Eurocard is the Swedish krone.
However, knowing all the countries it is active in, you should expect to find it in your native currency in your respective country. So, the Danish krone, Norwegian krone, and the euro, respectively, will also be accepted if from the respective countries. Other currencies won’t be an option, since the solution is not offered in other countries.
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FAQs
Does Eurocard offer its own Customer Support?
Yes, it sure does. Considering you can apply for a card right there on its official website, you can explore its thorough FAQs section to find answers to any questions you may have regarding it. You can also give its team a call via several lines, depending on whether you wish to block your card in case it was stolen or lost, whether you have questions about your card, or insurance, or any other possible questions. The team is at your disposal on weekdays from 8:30 am to 5:00 pm.
Will I be able to explore Eurocard’s official website in different languages?
Yes, sure. The website is available in the languages of the countries it is active in. So, Sverige, Suomi, Danmark, and Norge are all your options, in addition to English, of course.
Is its Customer Support available in different languages?
The Customer Support agents all speak Swedish and English, in order to cater to users in the best way possible. So, you can choose for yourself which one would suit you better, and ask upon calling to speak with an agent in the respective language.
Is Eurocard on social media?
It certainly is. Even though a card that has existed for ages, it continues evolving and keeping up with the trends, so you can easily find its profiles on YouTube, LinkedIn, and Facebook, to explore them whenever you want to.
Can I receive transactions in foreign currency?
Yes, you can, but you should know that the exchange rate of the funds received will depend on the current rate applicable on the day of the transaction. If interested in figuring out the rate prior to getting a foreign currency transaction, you can go to its official website, jump to the Support page, and look for the Currency conversion from foreign currency to SEK section, where you'll get a link to the Check your exchanges rates page. Enter the amount you wish to receive, in which currency, and add the current date, to see the exact rate.