Maestro is a payment method that should be second nature to most online bettors. The payment option is regarded as the most used debit card globally and found at most major banks. Almost all major ATMs and retailers accept it; it is the primary option for PoS in many countries, and, of course, Maestro is accepted by many online casino sites. However, the future may not be so bright for Maestro. In fact, it could be on its way out. Starting in July 2023, Maestro will be phased out by its owner (MasterCard) in favour of MasterCard Debit. However, until then, there is plenty of life left in the world’s most popular debit card.
Maestro is a handy banking option to use at online casinos. Because it doesn’t allow credit (it is a debit card), bettors can’t wager money they don’t have. They can’t fund or top-up their online casino account unnecessarily with sizeable deposit totals. This allows them to keep tighter control over their payments to casino accounts.
Obtaining a Maestro isn’t remotely challenging. If you have an account with a bank (and who doesn’t?), you will most likely already have a Maestro or another debit card. Maestro is typically offered when the credit card option at a bank is MasterCard (as opposed to VISA). If you’ve already got a Maestro card, you’re good to go. If not, check with your bank about the prospect of obtaining one.
Now let’s dive deeper into Maestro. We should look at its history, its purpose and why it works well in the online casino industry. Let’s begin by taking a trip down memory lane.
Maestro is one of the newest cards to appear in the West. It didn’t make its debut until 1991 when MasterCard launched Maestro as a debit card rival to VISA’s Electron option. Originally launched in the USA, the main purpose was to permit cash users to gradually make the switch to paying with card. Of course, the principal difference between MasterCard and Maestro is that cardholders were required to have the necessary funds on their card to purchase goods before doing so.
Maestro cards are debit cards, and they are attached to your bank account. This may be a savings account, current account, or other account options. There are cases where you can obtain a Maestro without having a bank account, though. These are known as prepaid cards and are offered by other financial institutions, such as e-wallets.
MasterCard is represented by the red and orange Venn diagram symbol. Naturally, Maestro features the same Venn diagram, albeit with a red circle on the left and a blue one on the right. Of course, this easily helps identify the two brands as being from the same parent company. While everybody knows that MasterCard is the parent company of Maestro, there is another player in the game that you may not be familiar with. The dark and light blue Venn diagram logo represents Cirrhus, which offers immediate deposit account access at ATMs across the world. However, this option isn’t so prevalent in the online casino world, where MasterCard and Maestro tend to reign supreme.
Brazil replaced Maestro with Redeshop; China has already adopted the MasterCard Debit option, as has Austria. Israel, Denmark, Greece, Iceland, and Romania don’t accept Maestro. While Ireland the UK tend to prefer Laser and Switch, respectively.
Over the years, VISA has gradually been replacing its Electron card with VISA Debit. Now, MasterCard is set to follow suit. As of July 2023, MasterCard will gradually prohibit the issuing of new Maestro cards, instead telling banks and card issuers to replace them with MasterCard Debit – a debit card that has started to spring up with regularity over the last decade.
The Maestro casino deposit method is one of the simplest you can use to fund your casino account. In reality, you will likely already know how to do this. Making a casino deposit with MasterCard is basically the same process you would use to purchase goods at Amazon or another major online retailer.
Maestro is a widely accepted payment method to deposit with at casinos. You will normally need to use this option for both deposits and withdrawals. Players who wish to use this fund their account can select it from the options available and must then enter their card details when prompted. After confirming the deposit, casino players should see their funds land in their casino account within a few minutes at most. Ordinarily, there are no fees for depositing with Maestro at casinos.
You may come across deposit limits when funding your casino account. Most online casinos will typically have deposit limits that stretch from €10/€20 up to €5,000. Note that if you are sending money internationally with bank transfers using Maestro, you may encounter the odd fee for such payment. However, most top online casinos (the type we represent here) won’t hit you with any deposit fees themselves. To avoid this eventuality, we do recommend that you choose to play at our sites.
Once you’ve made the decision to sign up and deposit with Maestro at an online casino, there are certain steps you must take before you can deposit. We’ve detailed them for you below. Here’s what you need to know:
Ordinarily, you shouldn’t encounter any deposit fees when funding your online casino account. However, there may be occasions when Maestro or your bank may do so. In most cases, this will only be for processing international payments or transactions using a currency not accepted by the online casino. Apart from that, you shouldn’t expect fees of anything kind. However, that doesn’t mean that you won’t find withdrawal fees at online casinos. With that in mind, let’s look at withdrawing with a Maestro card next.
Making a withdrawal at online casinos using Maestro isn’t really very difficult, either. Again, you will be required to enter your card (bank account) details into the box provided. If you’re lucky, your casino will already have your card details on file (but securely and privately), and you won’t have to do anything more than click on Maestro and confirm your withdrawal.
Withdrawals made from online casino accounts when using Maestro will typically need to be worth more than, say, e-wallets or cryptocurrencies. We’re looking along the same sort of lines as VISA or MasterCard credit card withdrawals. Ultimately, we’d be surprised if you could withdraw less than €20 a pop. Withdrawal limits always tend to vary from online casino to casino, but we’d expect to be able to withdraw at least a few grand. Naturally, we prefer Maestro online casinos that don’t feature withdrawal limits, and you can find some of those with our recommended casinos.
Any withdrawals made when you use MasterCard aren’t going to be quick. In fact, players who withdraw and make use of MasterCard are looking at average transaction times of 2-3 business days. Sometimes, you may come across the odd site that can process your payment in under 24 hours, and there are some that take five or more working days to clear your payment. These aren’t common, though. Stick to the 2-3 business day rule for the payment method, and you’re likely looking at a fair timeframe.
Ordinarily, you shouldn’t expect any sort of transaction fees from safe and reputable Maestro online casino sites. However, players may note that this won’t always be the case. Some casinos do charge player accounts a percentage-based fee (2.5% up to 5%) or a fixed rate (€20 up to €50 or so) per transaction. This is especially true when international transfers and currency conversions are involved. The best to check out these potential fees when gambling online is to look at the payment options on the cashier page under your account settings.
Let us now look at how you can withdraw your winnings from your gambling site.
Note that many top online casinos, including Maestro casinos, want you to use the same payment method for both deposits and withdrawals. If this isn’t possible at your gambling site (which is rare when using Maestro), you may be required to use banks transfers for one or the other. These can come with added fees, so check them out first.
Ordinarily, online casinos can typically process Maestro payments (withdrawals) within 2-3 business days. Some may get the job done in under 24 hours, but you certainly shouldn’t bank on this happening. Players may end up waiting 5-8 business days to withdraw their winnings from Maestro casinos, but this is rare with reputable sites.
Every casino payment method has its pros and cons, and Maestro is not different. Here are some of the perks of using your card to deposit (and withdraw) at your casino account:
Not everything about Maestro is rosy. There are drawbacks with every casino payment method, and that is true when you use Maestro to play games. Here are the cons you need to be aware of when betting with Maestro:
It is also worth mentioning that as of the summer of 2023, Maestro’s days are set to be numbered. MasterCard is set to replace Maestro with MasterCard Debit. This card will work in the same way as Maestro, and while your Maestro cards may work for the next few years after that (if they were recently issued), eventually, the swap over to MasterCard Debit will occur.
Unlike Skrill, Neteller, PayPal and a good number of e-wallet options, Maestro payments are usually valid for casino bonuses. Gambling sites like to offer deposit and free spin bonuses to their players, and by making a payment with Maestro, you’re putting yourself in good stead to receive such a bonus.
It is not uncommon to see Maestro players deposit and claim a first deposit welcome bonus, or indeed a welcome package shortly after joining a casino. Moreover, additional daily, weekly, or monthly bonuses could be up for grabs when you fund your account.
It is not that common to see Maestro applied to what are known as preferred payment method bonuses, but it is not totally out of the question. There are bonuses that allow players to claim a slight slice on top of their conventional bonus when they use their Maestro at casinos.
Irrespective of the bonus you decide to claim, there are things you need to pay attention to when it comes to gambling bonuses and promotions. Firstly, never expect bonuses and promos to come without wagering requirements and remember that you’ll need to clear those before you can withdraw. Secondly, be prepared that some games may not be valid with casino bonuses. You may also be limited to using bonuses with selected stakes involved. You can’t necessarily blow a whole bonus on just a few spins. Always check the terms and conditions of any bonus you intend on claiming before you do so to ensure that you aren’t going to be short-changed or surprised later.
Maestro casinos are home to all manner of online gambling games for players to try. As most casinos accept Maestro, you should typically expect to see every major type of game offered. These stretch from slots to sports betting, bingo to poker and much more besides.
As Maestro facilitates sizeable deposits and payments, you can use this option to wager on high roller games, low roller titles, or anything in-between. Choose to play at our casinos, and you’ll get to play at sites that offer thousands of games from two dozen developers. Here’s a brief look at what you can expect to see in these top domains:
Most of the games you can find at our recommended Maestro casinos can also be played for free as well as with real money stakes. Some are cryptocurrency-friendly, while most are optimised for mobile casino action on popular iOS and Android-powered devices.
As we’ve discussed above, there are many reasons why you might fancy trying your hand at games at a Maestro casino. The payment method can be used to deposit into a fund your account at thousands of sites and be used for withdrawals to boot. Maestro card is a user-friendly option for players who want to engage in gambling and want an option that is easy to use and that they may already have.
All that remains is for you to find the perfect Maestro betting site. Fortunately, we know a few casinos that will fit the bill. Don’t hesitate to head over to our recommended casinos page to find the best, most trusted and most secure Maestro gambling sites for players such as yourself.