MuchBetter Mastercard - Can Kiwis Use It For Gambling?

MuchBetter Mastercard - Can Kiwis Use It For Gambling?

MuchBetter, as a fintech company that offers digital payment solutions, provides users with an e-wallet app that can be linked to various funding sources, including bank accounts, cryptocurrency, credit, and debit cards. The MuchBetter e-wallet enables transactions across different online platforms, including online casinos.

Transactions Through MuchBetter

MuchBetter can be used by Kiwis for both deposits and withdrawals of funds in online casinos. The transaction process involves the following steps:

How to get MuchBetter

To create a MuchBetter e-wallet account and start making payments, follow these steps:

  1. Visit MuchBetter’s website or download the app.
  2. Fill in the brief form with personal data like your name, phone number, address, date of birth, and email.
  3. Choose a PIN code and double-check the information before submitting.
  4. Verify your phone number by entering the 6-digit security code sent by MuchBetter.
  5. Receive an SMS with a download link for the app from Google Play or the Apple App Store.
  6. Download the app and sign in using your phone number and PIN.
  7. Once registered fund your MuchBetter account and start making transactions.

Benefits of MuchBetter registration include quick and free account creation, access to all wallet features, and reliable technical support.

Depositing at a Casino Using MuchBetter

  1. Download the MuchBetter app and create an account. 
  2. Link your preferred funding source to your MuchBetter e-wallet (bank account, credit/debit card, etc.).
  3. Fund your MuchBetter e-wallet from your linked funding source.
  4. Go to the cashier or payment section of your chosen online casino.
  5. Select MuchBetter as the payment method for deposits.
  6. Specify the deposit amount and ensure sufficient funds in your MuchBetter e-wallet.
  7. Confirm the transaction in the MuchBetter app when redirected.

Withdrawing Casino Winnings Using MuchBetter

  1. Check if the online casino supports MuchBetter as a withdrawal option
  2. Navigate to the withdrawal section of your casino account, and select MuchBetter as the withdrawal method
  3. Enter the desired withdrawal amount within your available balance and any specified limits
  4. Confirm the withdrawal and follow any additional verification steps instructed by the casino
  5. Once the casino processes and approves the withdrawal request, the funds will be credited to your MuchBetter e-wallet

MuchBetter Transaction Fees

In terms of fees, MuchBetter implements a transparent fee structure. 

  • While funding your MuchBetter e-wallet is generally free, some casino deposit methods may incur nominal fees ranging from 0% to 2% based on your location.
  • Withdrawals from the MuchBetter e-wallet to your bank account or MuchBetter Mastercard may also carry specific fees (e.g., 0%-5%), depending on the transaction and currency conversion involved.
For example

Kiwis may pay a 2.00% fee for every deposit and withdrawal made using cryptocurrency and a deposit and withdrawal flat fee of 0. On the other hand, MuchBetter charges a management fee of NZ$5 every month on inactive accounts. If your MuchBetter account balance is below NZ$5, they will charge you what remains in your account and take the account balance to 0. 

What is MuchBetter Mastercard

MuchBetter Mastercard is a prepaid card that serves as an extension of the MuchBetter e-wallet. It provides users with a physical card that can be used for both online and offline purchases, including online gambling transactions at participating merchants. Here are some key features, pros, and cons of the MuchBetter Mastercard.


Below are some features of the MuchBetter Mastercard:

  • MuchBetter MasterCard has default low limits, such as a 300 NZD limit for ATM withdrawals, but you can request higher limits by contacting support through the app.
  • The only fees associated with using the MuchBetter MasterCard include a 0.99% fee for ATM withdrawals and a 0.99% currency conversion fee.
  • The MuchBetter MasterCard prepaid card is exclusively offered to clients residing in Europe.
  • Prepaid nature promotes responsible gambling. As a prepaid card, the MuchBetter Mastercard allows users to set a spending limit or budget and only use funds available on the card.
  • Security. Availability of transaction review system, use of world’s only dynamic CVV and touch ID  to ensure that only genuine transactions are authorized.


The advantages include the following:

  • The exchange rates are meager, primarily for players in countries where USD is not directly accepted
  • You can manage your expenses with a preloaded card
  • In case you misplace your card, you can instantly freeze it
  • There are multiple top-up options available like bank transfer, cryptocurrency, credit, and debit top-up
  • Convenient contactless payments
  • No charges except for ATM cash withdrawals
  • Acceptance at all Mastercard logo merchants
  • You can track transactions instantly through the app
  • Ensure security with features like dynamic CVV, Touch ID, and transaction review, authorizing only genuine transactions


Here is a list of the disadvantages of using MuchBetter:

  • Certain transactions, such as currency conversions or ATM withdrawals, may involve fees
  • You can only access the MuchBetter Mastercard if only you reside in Europe
  • Some wagering sites may not accept it as a payment method
  • There are certain withdrawal limits put in place

Can I Use It In Online Casinos?

You can conveniently deposit funds and withdraw your winnings by linking your MuchBetter Mastercard to your online casino account. While doing so, you have to remember the fees you'll incur and the terms and conditions of using MuchBetter as a payment option in an online casino.

Please remember that you will have access to MuchBetter Mastercard services only if your account is registered to an address in Europe.


Our research shows that MuchBetter, with its e-wallet service and the associated MuchBetter Mastercard, provides a versatile solution for online gambling transactions. The service offers ease of deposits and withdrawals at online casinos, boasting a largely transparent fee structure, which, however, may include certain charges for particular transactions such as currency conversion or ATM withdrawals. The Mastercard option, although only available to residents in Europe, enhances user convenience through contactless payments and multiple top-up options, although it's essential to consider the imposed withdrawal limits and the acceptance of this payment method by the specific wagering site.

John Gold

John Gold

Starting as a typical gambler, I was interested in how the industry works. And now, for more than 10 years, I see myself as a gambling expert. After trying out more than 500 pokies, I'm ready to share my insights and tell you what you need to look at to get a good gaming experience.