UseMyWallet Review

UseMyWallet is a secure and trusted electronic web wallet that can be used by US players to make deposits and withdrawals at most all online casinos that accept players from the US. UseMyWallet supports deposits by credit card, debit card, ACH, and bank wire. The only withdrawal method offered is by bank wire.

The first thing you need to know about UseMyWallet is that you need to have an invitation in order to join. To get an invitation you simply need to contact the customer service department of your selected casino and ask them for an invitation. You can do this by sending an email to casino support or by using the live chat feature of the casino (if the casino offers support by live chat). You can expect to get your invitation within 1 - 2 days and begin the account creation process.

Once you have created your UseMyWallet account, you will need to make a deposit to your account. To deposit to your account, you have 3 options.

The first and one of the easiest options is depositing by credit card. One plus to using a credit card is the fact that credit card deposits are instant. The downside to using your credit card is you are charged a 5% transaction fee. Your credit card may or may not go through as some financial institutions keep a close check on how you spend your money. The only way to know if a credit card will work or not is to try the card.

The second option is to use your debit card. Everything that applies to depositing with your credit card applies to depositing with your debit card. The deposits are instant, but you're also charged the 5% transaction fee. Some debit cards may work while others may not work, but the only way to know is to try.

The third deposit option is by ACH or Automated Clearing House. An ACH deposit is a fairly simple way to deposit but it does have limits. You can only deposit $100 - $250 using ACH, it take 3 - 5 days to clear, and there is a 4.9% fee when using ACH. One of the best things about ACH is once you deposit via ACH 5 times, you will become eligible to have your future ACH payment credited instantly.

The final deposit option is bank wire. The best thing about depositing by bank wire is that there are no transaction fees associated when using a bank wire and you don't have to worry about your deposit being rejected. The downside of the bank wire is the time it takes for your wire transfer to reach UseMyWallet. It generally takes 2 - 5 business days for the wire to arrive but it can sometimes take a few days longer if any problems are encountered such as missing information.

Once you have the funds in your UseMyWallet account, you need to get the money into your chosen online casino. The is a simple process initiated within your casino software. You generally login to your casino account, select the banking option, select UseMyWallet, enter the amount you wish to deposit, and click submit. You are now ready to play.

After you have made your deposit into your UseMyWallet account, transferred the funds to the casino, and won big at the casino, your next stop is making a withdrawal from your UseMyWallet account. The only withdrawal option currently offered is by bank wire to your bank account. UseMyWallet charges a $30 flat fee for any withdrawal and the process usually takes around 3 - 7 days to arrive in your bank account. Another note on withdrawals is that your bank will more than likely charge you a fee for receiving the wire transfer. The fee depends on your bank but it should fall within a $10 - $25 fee.

While the instructions may seem intimidating for using UseMyWallet for the first time, it is honestly a simple process. Once you complete it the first time, it only gets easier the next time. To learn more about UseMyWallet, you can visit their website at UseMyWallet.com.

The following casinos accept UseMyWallet.