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I’ve noticed a trend lately with more people using prepaid credit cards to deposit with binary options brokers. I’ve also noticed it has been taking quite a while for people to get their money refunded back to their cards when doing this with prepaid cards. I’m not really sure why it takes so long, but it does take a great deal longer.

While this is fine for some people I just wanted to let others know the better way to do this is if you wish deposit using this method. Use Moneybookers with the credit card so that just in case something happens to either the card or if you have another problem, you can get your money sent back directly to Moneybookers. This way you can use the money in the account to either go back to the credit card or directly to your bank account. Plus you will get your money a great deal faster from Moneybookers.

3 Responses to “Using Prepaid Credit Cards To Deposit With Binary Options Brokers”

  1. avatar
    binaryoptions1 - January 13th, 2012 at 12:03 AM

    Hello,

    Does the same apply to bank issued debit cards? I’ve noticed on the forum a screenshot of a MoneyBookers statement that you have displayed and decided that was the direction I was going to take as well. However, I live in IL and when I called MoneyBookers they told me that they do not accept client withdrawals from IL or KY.

    Thank You for your time.

    Ron

  2. avatar
    David - January 13th, 2012 at 2:12 PM

    No bank issued debit/credit cards are usually no problem at all. It just seems to happen with the Prepaid cards.

    That seems weird about Moneybookers, most of us here use that now as our primary source for withdrawals.

  3. avatar
    binaryoptions1 - January 13th, 2012 at 4:39 PM

    I found it strange as well and felt terribly unlucky to live in one of the states that does not allow withdrawals. I hope I can at least make it to the point where I have to be concerned about getting a withdrawal.

    Thanks for the quick response and enjoy your weekend !

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