Casinos
Jun 28, 2013, 11:25 pm
#2
Join Date: Mar 2010
Posts: 1,173
re
nope all credit card transactions will be treated as cash advances, or if you can get money as a POS transaction it will come with high enough fees that it is not worth it. Even the cruise lines have caught on and it is no longer the unlimited, fee free oportunity it once was.
Jul 1, 2013, 4:06 pm
#3
Original Poster
Join Date: Apr 2004
Programs: AA, UA, SQ, VA, QF, AF, BA
Posts: 2,865
I don't necessarily mean fee-free as long as the fees aren't TOO bad. I'm an expat American who will be visiting for a few days and need to make some minimum spends. Are there travel agencies, drugstores, gas stations, etc selling slot machine vouchers? That's the sort of thing I am looking for.
Jul 1, 2013, 10:45 pm
#6
Join Date: Sep 2012
Location: Western US
Programs: WN CP, WN A-List Preferred, AS MVPG 75k, SPG Gold, Hilton Gold, Hyatt Diamond
Posts: 554
There is a way to take out large sums of cash for free at a casino from either a points earning debit card, or a prepaid card that was loaded with reloads(Such as a MVD, Paypal, or GB etc). Only problem is you have to be gambling a significantly large amount at the casino you take the cash out for it to typically work. If you really want to know I'll tell, but when I say significantly large I do mean it.
It's often better to just head to a bank branch in Las Vegas. There's numerous ones within a one to three mile drive depending on what casino you are staying at. If it happens to be a weekend head towards a bank branch in a grocery store, most are usually open 9am-8pm in LV, seven days a week. Even if you don't have a rental car, cost of a cab to and from a bank branch is going to be much cheaper.
It's often better to just head to a bank branch in Las Vegas. There's numerous ones within a one to three mile drive depending on what casino you are staying at. If it happens to be a weekend head towards a bank branch in a grocery store, most are usually open 9am-8pm in LV, seven days a week. Even if you don't have a rental car, cost of a cab to and from a bank branch is going to be much cheaper.
Jul 2, 2013, 9:17 am
#8
Join Date: Sep 2012
Location: Western US
Programs: WN CP, WN A-List Preferred, AS MVPG 75k, SPG Gold, Hilton Gold, Hyatt Diamond
Posts: 554
I received numerous pm's about what I was referring to in my earlier post so I'm just going to answer here.
The ATM's and ability to take out cash at the casino cage at all casinos are actually provided by a separate banking company, similar to a convenience store ATM. Casinos can't and don't want to operate ATM's, they just service them when they are out of cash. The reason you are charged a huge fee, is because the casino is charged a huge fee which it must then pass on.
What a casino won't typically tell you is that they can waive the fee's on your cash withdrawal, you just have to be gambling prior to the withdraw, and have already wagered enough to be eligible. If you are on the Strip, depending on the casino it's going to be $20,000+ a trip. Wynn is likely more, Circus Circus is likely significantly less. At off strip locations, around $10,000+, less if the casino is of real poor quality.
If you feel you are gambling that much, ask to have your fee's waived. Typically the MOD in the slot and/or table game department makes the call if you are eligible and if they want to do it. Ask whichever department the majority of your gambling is in. If they do, they'll authorize the casino cage to waive the fees.
If you do happen to have your fee's waived, you could use a points earning debit card to take out a POS Debit. It doesn't use your daily ATM limit, but your purchase limit on the card to take out cash. It counts as a purchase. If you use a points earning debit card, you could earn points.
Only problem is I highly doubt anyone at all on this forum is wagering consistently $20k+ a trip to get their fees waived. If you are, congratulations, but you should stop chasing points and simply pay for first class. For the rest of us, the 7-15% fees aren't worth it, simply hop in a cab and head to a bank branch if you run out of money.
The ATM's and ability to take out cash at the casino cage at all casinos are actually provided by a separate banking company, similar to a convenience store ATM. Casinos can't and don't want to operate ATM's, they just service them when they are out of cash. The reason you are charged a huge fee, is because the casino is charged a huge fee which it must then pass on.
What a casino won't typically tell you is that they can waive the fee's on your cash withdrawal, you just have to be gambling prior to the withdraw, and have already wagered enough to be eligible. If you are on the Strip, depending on the casino it's going to be $20,000+ a trip. Wynn is likely more, Circus Circus is likely significantly less. At off strip locations, around $10,000+, less if the casino is of real poor quality.
If you feel you are gambling that much, ask to have your fee's waived. Typically the MOD in the slot and/or table game department makes the call if you are eligible and if they want to do it. Ask whichever department the majority of your gambling is in. If they do, they'll authorize the casino cage to waive the fees.
If you do happen to have your fee's waived, you could use a points earning debit card to take out a POS Debit. It doesn't use your daily ATM limit, but your purchase limit on the card to take out cash. It counts as a purchase. If you use a points earning debit card, you could earn points.
Only problem is I highly doubt anyone at all on this forum is wagering consistently $20k+ a trip to get their fees waived. If you are, congratulations, but you should stop chasing points and simply pay for first class. For the rest of us, the 7-15% fees aren't worth it, simply hop in a cab and head to a bank branch if you run out of money.
Jul 2, 2013, 9:51 am
#10
Join Date: Sep 2012
Location: Western US
Programs: WN CP, WN A-List Preferred, AS MVPG 75k, SPG Gold, Hilton Gold, Hyatt Diamond
Posts: 554
When I say wagering, I mean wagering and losing. I don't mean playing any of our funny money games of making your credit card spend per year for each of your twenty credit cards look like 50x your normal expenses.
Trust me, you'd find out real quick that putting $20,000 into a slot machine, but never wagering a penny, is a really bad idea. As in the casino makes a quick call to the state law enforcement agency in Nevada who only deals with gaming crimes. They used to have their own prison in the state that allowed hard labor, far up in the northern mountains. Land based gaming companies, and the state aren't nearly as dumb as the credit card companies.
I used to work in the industry, and still live there. If it could be done, without losing your shirt gambling or looking like a terrorist who's laundering money, I'd be doing it regularly.
Trust me, you'd find out real quick that putting $20,000 into a slot machine, but never wagering a penny, is a really bad idea. As in the casino makes a quick call to the state law enforcement agency in Nevada who only deals with gaming crimes. They used to have their own prison in the state that allowed hard labor, far up in the northern mountains. Land based gaming companies, and the state aren't nearly as dumb as the credit card companies.
I used to work in the industry, and still live there. If it could be done, without losing your shirt gambling or looking like a terrorist who's laundering money, I'd be doing it regularly.
Jul 2, 2013, 1:44 pm
#11
Suspended
Join Date: Apr 2012
Location: SFO, SIN, PVG
Programs: UA, AA, Hyatt, Marriott
Posts: 303
[QUOTE=TheChallenge;21027301]I received numerous pm's about what I was referring to in my earlier post so I'm just going to answer here.
The ATM's and ability to take out cash at the casino cage at all casinos are actually provided by a separate banking company, similar to a convenience store ATM. Casinos can't and don't want to operate ATM's, they just service them when they are out of cash. The reason you are charged a huge fee, is because the casino is charged a huge fee which it must then pass on.
What a casino won't typically tell you is that they can waive the fee's on your cash withdrawal, you just have to be gambling prior to the withdraw, and have already wagered enough to be eligible. If you are on the Strip, depending on the casino it's going to be $20,000+ a trip. Wynn is likely more, Circus Circus is likely significantly less. At off strip locations, around $10,000+, less if the casino is of real poor quality.
If you feel you are gambling that much, ask to have your fee's waived. Typically the MOD in the slot and/or table game department makes the call if you are eligible and if they want to do it. Ask whichever department the majority of your gambling is in. If they do, they'll authorize the casino cage to waive the fees.
If you do happen to have your fee's waived, you could use a points earning debit card to take out a POS Debit. It doesn't use your daily ATM limit, but your purchase limit on the card to take out cash. It counts as a purchase. If you use a points earning debit card, you could earn points.
Only problem is I highly doubt anyone at all on this forum is wagering consistently $20k+ a trip to get their fees waived. If you are, congratulations, but you should stop chasing points and simply pay for first class. For the rest of us, the 7-15% fees aren't worth it, simply hop in a cab and head to a bank branch if you run out of mo
:0
The ATM's and ability to take out cash at the casino cage at all casinos are actually provided by a separate banking company, similar to a convenience store ATM. Casinos can't and don't want to operate ATM's, they just service them when they are out of cash. The reason you are charged a huge fee, is because the casino is charged a huge fee which it must then pass on.
What a casino won't typically tell you is that they can waive the fee's on your cash withdrawal, you just have to be gambling prior to the withdraw, and have already wagered enough to be eligible. If you are on the Strip, depending on the casino it's going to be $20,000+ a trip. Wynn is likely more, Circus Circus is likely significantly less. At off strip locations, around $10,000+, less if the casino is of real poor quality.
If you feel you are gambling that much, ask to have your fee's waived. Typically the MOD in the slot and/or table game department makes the call if you are eligible and if they want to do it. Ask whichever department the majority of your gambling is in. If they do, they'll authorize the casino cage to waive the fees.
If you do happen to have your fee's waived, you could use a points earning debit card to take out a POS Debit. It doesn't use your daily ATM limit, but your purchase limit on the card to take out cash. It counts as a purchase. If you use a points earning debit card, you could earn points.
Only problem is I highly doubt anyone at all on this forum is wagering consistently $20k+ a trip to get their fees waived. If you are, congratulations, but you should stop chasing points and simply pay for first class. For the rest of us, the 7-15% fees aren't worth it, simply hop in a cab and head to a bank branch if you run out of mo
:0
Jul 21, 2013, 12:32 am
#13
Join Date: Sep 2012
Location: Western US
Programs: WN CP, WN A-List Preferred, AS MVPG 75k, SPG Gold, Hilton Gold, Hyatt Diamond
Posts: 554
It can't be done unless you are planning on paying your hotel bill with the gift cards. Or willing to pay a cash advance fee of 7-10% and up.