question on making a deposit with a credit card

Search

in your heart, you know i'm right
Joined
Mar 21, 2002
Messages
14,785
Tokens
perhaps i am a moron but i am confused. i have made deposits with credit cards in the past at various offshore sportsbooks and never had this issue come up.

this weekend, i made a deposit at bowmans for $1,500. they charged me 2% for using a card which is fine. what is not fine is that they put the charge through as a cash advance. now my credit card company has hit me with a 3.5% fee plus 19.7% interest on the "cash advance" which is accruing daily.

i called the credit card customer service and they explained that bowmans coded it as "cash advance" which is why i am getting charged out the ass. the confusing thing is that i made a credit card deposit at sirbet a week before and did not have this problem. also, i have never had a credit card charge to an offshore account come back as a cash advance.

does anyone else use a credit card to make deposits? if so, do you run into the same issues?

thanks
 

New member
Joined
Sep 21, 2004
Messages
153
Tokens
I think a lot of it depends on the book and the book. shops will put things through as cash advances to prevent chargebacks.

i'd ask them to comp you on the fee -- i know a lot of shops will do that.
 

Banned
Joined
Sep 21, 2004
Messages
1,441
Tokens
Credit cards are the dinosaurs of online depositing, for precisely the reasons you outline.
 

Another Day, Another Dollar
Joined
Mar 1, 2002
Messages
42,730
Tokens
I would be transferring that 19.7 like I would jump on Brittney. FAST
 

Forum statistics

Threads
1,108,649
Messages
13,453,307
Members
99,428
Latest member
callgirls
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com