At MyWinners, we aim to make depositing simple and transparent. We only ever charge the amount you authorize—nothing more. However, in rare cases, some banks may apply a separate fee when you make a gambling-related deposit using a credit card. These are known as cash advance fees, and they are controlled entirely by your bank.
What Are Cash Advance Fees?
What Are Cash Advance Fees?
While most banks process gambling-related credit card transactions just like any other online payment, a few banks have chosen to treat them as cash advances—even when there’s no actual cash involved. This allows the bank to charge an extra fee, even though there’s no added cost or risk to them in processing a regulated online gambling transaction.
Unfortunately, we have no control over these fees, and we do not receive any portion of them. If your bank applies a cash advance fee, it is imposed solely by them and the funds go directly to the bank.
❗ PLEASE NOTE:
🧾 MyWinners does not charge cash advance fees
💸 We only process the exact deposit amount you authorize
🏦 Any additional fees are imposed by your bank and are not collected by us
📉 We absorb the transaction processing costs on our end to ensure your experience remains smooth
How Can I Avoid Unexpected Bank Fees?
How Can I Avoid Unexpected Bank Fees?
Because banking policies can change without notice, we recommend taking a moment to:
Contact your bank before making a deposit to confirm whether they treat gambling transactions as purchases or cash advances
Review your credit card agreement or online banking app for transaction fee terms
Use an alternative method such as Online Banking, PayPal, PayNearMe, or Bitcoin if you're unsure about how your bank will treat the transaction
Chase Bank
Chase Bank
We’ve been made aware that Chase Bank has started applying cash advance fees to some credit card deposits related to gambling. If you are a Chase customer, we strongly recommend checking with them before proceeding with a credit card deposit to avoid unexpected charges.
💡 Did You Know? Even though gambling deposits are 100% digital, some banks still classify them as “cash advances” — a practice originally designed for ATM withdrawals. This means they can charge extra fees, even when no physical cash changes hands. It’s outdated, but it still happens at certain banks like Chase.
Frequently Asked Questions
Why did my bank charge a cash advance fee after depositing on MyWinners?
Why did my bank charge a cash advance fee after depositing on MyWinners?
Some banks classify gambling-related credit card transactions as cash advances, even if no cash is withdrawn. These fees are applied by the bank—not by MyWinners.com—and are outside our control.
How can I tell if my bank treats gambling deposits as cash advances?
How can I tell if my bank treats gambling deposits as cash advances?
You should contact your bank directly or check your credit card terms and conditions. Look for any policies related to gambling or online gaming transactions under their fees or cash advance sections.
Does MyWinners ever charge a cash advance or processing fee?
Does MyWinners ever charge a cash advance or processing fee?
No. MyWinners only charges the exact deposit amount you authorise during checkout. We do not add processing, convenience, or cash advance fees to any deposit method.
Will using a debit card or online banking help me avoid cash advance fees?
Will using a debit card or online banking help me avoid cash advance fees?
Yes. Alternative payment methods like debit cards, online banking, PayPal, or PayNearMe are generally not subject to cash advance classification and may help you avoid additional bank fees.
Is Chase Bank the only provider applying cash advance fees for gambling deposits?
Is Chase Bank the only provider applying cash advance fees for gambling deposits?
At present, we’re aware that Chase Bank has implemented these fees for some users. However, other banks may also apply similar charges, and policies can change without notice—so it's always best to check in advance.