Esports Bookmakers Accepting American Express

AmEx was founded on March 18, 1850, in New York. The company specializes in card payment and travel services. In 1958, they introduced the first American Express card, and since then, they have been innovating their offerings. They provide prepaid cards, gift cards, credit cards, business credit cards, corporate programs, certificates of deposit (CDs), and savings accounts.

Is American Express popular?

Initially, American Express worked with US online merchants, but today, their services are available in more than 160 states and territories worldwide. As of 2020, the company had recorded about 10.6 million merchants in the US alone. American Express offers the Platinum Card and other prime offerings such as concierge services. The company also issues non-travel cards at low annual fees. The majority of Amex cards come with lucrative rewards per swipe.

With a reputation of excellence, Amex comes highly recommended for esports gambling. The transactions are protected with advanced card security such as Card Identification Number (CID). Any American Express esports site proudly displays the AmEx logo at the cashier section.

Another way to know if this payment method is accepted is to rely on expert suggestions posted on this page. Amex cards earn extra points for their mobile usability. The app favors bettors who prefer betting through their smartphones.

Incredible turnaround speeds and ease of processing go hand-in-hand with American Express deposits which proceed as follows.

1. Register on one of the top American Express bookmakers
2. Head over to the banking/payments/cashier area
3. Look for the Amex logo among the provided payment options and click on it
4. For a first-time deposit, the site will ask for the Amex card number
5. Choose the country (where the betting site operates from)
6. Enter the amount of cash to place as a deposit
7. Follow the OTP and two-factor verification prompts
8. Click submit, and the money is transferred straight away

Before making the transfer, it is crucial to check the bookmaker’s deposit limit because it varies from site to site. Amex charges between 2.5% - 3.5% of the deposit amount. Top American Express bookies do not charge deposits fees because the transactions are fundamental to the growth of their sites.

Many times, it is the eSports operator that pays for the transfer. Often, the bookies offer special bonuses for using American Express. This may happen if the platform pays lower fees for supporting this payment method.

From cutting-edge online protection to travel insurance, Amex cards are renowned for great benefits. They offer bonus points that are redeemable for cash when shopping with particular retailers.

The Amex credit card uses chip technology that is updated regularly. This is a safer option than the typical magnetic strip embedded at the back of most cards. On the flip side, American Express doesn’t offer complete bank services, and customers cannot open a checking account.

Pros

• Competitive interest on the savings account
• No monthly fees
• No balance requirements
• Bonus point and cashback for shopping
• High-end security protocols

Cons

• Lack of a checking account option

An online account comes in handy for online transactions such as eSports betting. Anyone with an Amex card or savings account can open an online account in these simple steps:

1. Visit the official page of American Express
2. Click ‘create an online account’
3. Provide personal information
4. Enter the 15-digit number displayed at the front of the card
5. Input the 4-digit card ID

There are various accounts customers can open with American Express: High Yield Savings Account, Certificate of Deposit account, and Individual Retirement Accounts. These accounts must be funded within 60 days and 30 days, respectively, after approval. Failure to fund them will lead to closure.