GBank Credit Card Review
Overview
GBank presents its Visa Signature® card tailored specifically for online gaming enthusiasts. In collaboration with DarkHorse Odds, GBank offers enticing cashback rewards, including 1% Cashback Rewards on gaming and sports app loads and 2% on all other eligible purchases. Headquartered in Las Vegas, Nevada, GBank crafted its Signature Card with a focus on catering to the gaming community.
Sign-up Offer
Currently GBank has two signup offers that can be combined.
- Earn $150 Bonus after spending $3,000 or more within 90 days from account opening*
- New customers that signup in February and spend $50,000 on gaming and sports app loads in the first 30 days get an additional $500 cashback**
Existing Customer Offer
Existing customers that spend $50,000 on gaming and sports app loads in February will receive $100. This offer is for customers that previously signed up using the DarkHorse Odds referral link. You can verify your GBank account is associated with DarkHorse Odds by checking the GBank app or your statement, your account will say “GBank Visa Signature DHO-PR” if you applied through the DHO link.
Summary of Offers
Rewards
- 1% cashback rewards on gaming and sports app loads
- 2% on all other eligible purchases
The Cashback Rewards can easily be applied to your bill and are available each purchase.
Card Details
- The GBank Visa Signature® card is designed for Prime or Super Prime credit scores.
- Upon approval, the initial credit limit typically ranges between $5,000 and $15,000. After three months you may be able to increase your limit to $25,000.
- Most payments are processed in one business day.
- The GBank Visa Signature® card allows multiple authorized users.
States That Allow Credit Card Deposits
Not all states allow using a credit card to deposit into sportsbooks. Below is a list of states that allow credit card deposits. If your state does not allow credit card deposits look into the EDGE Boost Visa Debit Card that offers up to 0.5% cash back.
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Application Process
- Apply at GBank's website.
- The landing page asks you to enter an Offer ID. This is not needed for this process. Click "Skip This Step" in the bottom right.
- The next few pages are a standard credit card application.
- Once your application is submitted, you will receive a confirmation email.
- You will also receive an email to complete a Know Your Customer verification "KYC". This involves taking a picture of your ID and a selfie, much like completing ID verification for many sportsbooks.
- Once your application is approved, you will receive a digital card within a few days.
- Once your application is approved, you will receive a physical card in about 1-2 weeks.
GBank Signature Visa Card And Matched Betting
GBank is one of the few credit cards that does not treat Gaming and Sports App Loads as a cash advance. The GBank card allows you to load your Gaming and Sports Apps and earn Cashback Rewards. The GBank Visa Signature® Credit Card is a popular choice among matched bettors since it offers 1% Cashback Rewards on Gaming and Sports App Loads and earn 2% Cashback Rewards on all other eligible purchases. This can have a noticeable impact on your yearly matched betting profits.
Unlike many other credit cards, the GBank Visa Signature® Card treats gaming and sports app loads as purchases instead of cash advances saving the cardholder up to 3% on gaming and sports app loads. Earn 1% Cashback Rewards on Gaming and Sports app loads and Earn 2% Cashback Rewards on all other eligible transactions.
Even though GBank does not treat gaming and sports app loads as a cash advance, to be safe and avoid any unwanted cash advance fees, it is recommended that you set your cash advance limit to $0 as a precautionary measure. Be sure to pay off your bill in full each month to avoid any interest from accruing. You still maintain the option of taking cash advances in the future by increasing the cash advance limit.
Note: GBank is the issuing bank for the Visa Signature® Card and Darkhorse Odd is a third party non-affiliated company. Darkhorse Odds has an affiliated relationship with GBank and may receive compensation if you use the GBank Visa Signature® Card.