It is hard to believe but American Express (also know as AMAX) was established in 1850. It is headquartered in New York, listed on the stock exchange, and is a multinational company.
According to Forbes, American Express is in the top-30 of the most valuable brands in the world. Over 115 million cards have been issued by the company. AMEX is compatible with mobile apps, including AndroidPay and ApplePay.
Now, why is American Express a good pick for online casinos?
It is popular, which makes it broadly used in most of the online lobbies, unlike some other smaller e-wallets or payment systems. Also, AMAX is often available in international gambling lobbies, let alone the online operators licensed and regulated in the four jurisdictions of the United States.
Unlike other payment methods like ACH, American Express operates in currencies other than USD, too. You will face transcontinental fees of up to 3%, though, and will also need to pay for conversions if you choose online casinos that operate in Euros, CAD, or USD. You should also know that these fees are not subject to chargebacks.
What are some of the downsides of using AMAX online?
As it is with all other cards used online, the question of providing too much information is still on the table. if you deposit by AMAX, get ready to list the card’s number, expiration date, and the 4-digit security code on the back of the card. For these reasons, more and more USA-based players choose to use Bitcoin-friendly online lobbies. If you are considering this option, too, you might want to check out a special guide.
In casinos for depositing
In casinos for withdrawal
Minimum Bank Wire deposit fee
Maximum Bank Wire deposit fee
Minimum Credit card deposit fee
Maximum Credit card deposit fee
Currency conversion fee
Limites: transaction min
Limites: transaction max
Please note, the Direct Deposit cannot exceed the $5,000 per Card maximum balance and monthly load limit.