American Express Betting Sites: Sportsbooks that accept AMEX in 2024
Discover all of the sportsbooks that currently accept American Express credit cards for deposit in May 2024.
New customers only | Commercial content | 21+ age limit | T&Cs apply
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8.5/10
Caesars Sportsbook reviewBonus up to : $1000
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8.5/10
BetMGM reviewBonus up to : $1500
New customers only | Commercial content | 21+ age limit | T&Cs apply
With online sports betting being so popular in the US, many customers want to know how to use their American Express card as a sportsbook payment method. While most sportsbooks accept cards like Visa and MasterCard, there are only a few sites that accept Amex. This is largely due to the fees that Amex charges operators.
Sports Betting with AMEX in the US: Fast and Secure
Luckily, there are a few great choices in the US. With licensed sites that support Amex payments, customers can instantly deposit into an account and start placing wagers! American Express has amazing security measures in place, making it completely safe to conduct online payments. Using advanced monitoring systems, Amex can track fraud easily. Read on to learn more about using Amex to start betting online.
How to Get an Amex Card for Betting in the US?
While Amex is a popular credit card, it is not held by everyone. Those who are interested in betting at an Amex sportsbook will want to apply for a card. The process is quite simple and once approved, the Amex card can be used to perform instant deposits at leading US sportsbooks. Take a look at these easy steps to getting an Amex card.
- Visit American Express – Visit the main site and choose to apply for a standard, Platinum, or Gold Card. Click on Apply
- Complete Application – Provide personal information including full name, address, income, and SSN.
- Wait for Approval – Amex will review applications promptly and will inform applicants of approval
- Activate Amex Card – After receiving the card, activate it using the provided instructions
When applying, consider the types of cards. The basic card has no fees, but there is a lower credit limit. Membership rewards are earned when making any purchase. The Platinum card has no annual fees and offers cash back on purchases during the first 6 months.
How Do I Get an Amex Card to Bet with a US Sportsbook?
Some online sportsbooks like DraftKings and FanDuel offer branded gift cards. Unfortunately, these are restricted to Visa or MasterCard. At this time, there are no US sportsbooks that issue any card affiliated with Amex. It is possible for customers to purchase an American Express prepaid card and use that card to conduct a deposit at a site that supports Amex payments.
United States: Placing Bets with Amex in 2024
Using Amex to begin betting is simple and completely safe. Once a credit or prepaid card is obtained, it can be used to make fast deposits at supporting websites. To get started, select a US sportsbook like DraftKings or BetMGM. Both of these allow users to select Amex from the cashier. Open an account with the selected sportsbook and complete the verification process.
Once a sportsbook account is created, head to the site cashier. Here, a complete list of payment methods will be listed. Select Amex from the list and provide the required details. This will include the number on the card, the expiration date, and the full name printed on the card. Select an amount to deposit to the sportsbook account and confirm the transaction. Deposits will be instantly credited.
At this time, deposited funds can be used to start placing wagers. Choose a preferred sport, select a game or an event, choose the bet type, and enter a bet amount. Once all details are chosen, place the bet. It will then be listed on the bet slip and the bet amount will be deducted from the account balance.
Can I Withrdraw Using American Express at a US Sportsbook?
While American Express is a trusted way to make deposits, it cannot be used as a withdrawal method. This is quite common when using any major credit card to fund a gambling account online. If customers have chosen to deposit with Amex, they will have to choose a different withdrawal option. Many opt for a bank transfer as a payment method. With this, funds will be directly transferred to the bank account and the transaction is 100% secure. PayPal is also a great alternative for making withdrawals if one has deposited with American Express.
Amex Card Fees: What Are They for Sports Betting in the US?
Using Amex to fund a sportsbook account may incur fees. The sportsbook itself will not charge any fees when customers use Amex to make any deposits. However, this credit card company will process these deposit purchases as a cash advance. This means that there are fees that will be in place when any deposit is made. Amex charges a cash advance fee of 5% of the transaction or $10, whichever is greater.
Another thing to be aware of is that the interest rate of a cash advance is higher than with standard card purchases. Immediately after making a sportsbook deposit, these interest costs will start to accrue. The APR will be around 25%, which is much higher than when using other payment options.
Minimum and Maximum Amex Deposits in the United States
Each online sportsbook will have different limits in place for members who are making Amex deposits. The minimum requirement will be listed at the cashier and will range from $5 to $25. As for the maximum amount, this is determined by the sportsbook.
There are also maximum limits set by American Express. Since deposits are seen as a cash advances, users will be limited based on what kind of Amex card is used. This is something to consider if customers are just applying for an Amex card to use at a betting site.
- Amex Green Card – Cash advance limit of $3000
- Gold Card – limit of $6000
- Platinum – limit of $8000
- Centurion Card – limit of $10,000
What US Apps are Best for Amex Betting?
Since there are limited options when finding a US sportsbook that accepts Amex, there are also limited apps that can be used. Luckily, DraftKings and BetMGM are two of the most reputable betting sites in the United States. Both of these sites provide customers with an app that can be used for instant mobile betting.
Using Amex on a sportsbook app is just like using it with the main site. The apps provided by BetMGM and DraftKings offer complete access to betting options, the ability to manage accounts easily, and some excellent customer promotions. Apps are completely secure and have enhanced safety measures in place to protect users.
Best US Sportsbook Offering Amex Payments
- BetMGM – At BetMGM Amex can be used for an instant deposit. Unfortunately, users will not be able to use this card to conduct a withdrawal. BetMGM does not charge any fees when depositing. Amex deposits will qualify for any new member bonus.
- DraftKings – For those who want to use Amex at DraftKings, there are limited options. DraftKings only allows Amex to be used to deposit to Fantasy Sports accounts. Residents of New Jersey have a bit more freedom as Amex deposits can be conducted for the Sportsbook and Casino.
- Caesars Sportsbook – Those looking to place a bet with the renowned Caesars Sportsbook are able to do so in confidence. You can also activate your welcome bonus with an American Express deposit!
Why Use Amex for Online Betting in the US?
Using Amex for online betting is a safe way to make deposits. Choosing this option will allow customers to instantly add funds to a betting account. The sportsbook will not charge any fees and there are welcome bonuses that can be redeemed with initial deposits. Another reason Amex is a good choice is the strong reputation of the company.
This credit card company has been providing services to US customers for many years and is known to have great security protocols in place. While American Express may not be the most popular method for deposits, it is one that can deliver the safety and security bettors seek.
Payment methods for US Sportsbooks:
- US Sportsbook Payment Methods - Which are best for online sports betting?
- Sportsbook Visa: Which US Sports Betting Sites Accept Visa?
- Sportsbook Mastercard: Which Sports Betting Sites Accept Mastercard?
- Sportsbook Apple Pay: Which Sports Betting Sites Accept Apple Pay?
- Sportsbook Skrill: Which Sports Betting Sites Accept Skrill?
- Sportsbook PayPal: Which Sports Betting Sites Accept PayPal?
