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 transactions 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
Earn $150 Bonus after spending $3,000 or more within the first 3 months from account opening*.
Rewards
- 1% cashback rewards on gaming and sports app transactions
- 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.
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 GBank completes the KYC review, you will receive a digital card within a few days.
- 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 sportsbook deposits as a cash advance. The GBank card allows you to make deposits and earn cashback rewards on the deposits. The GBank Visa Signature® credit card is a popular choice among matched bettors since it offers a 1% Cashback Rewards on Sportsbook deposits as well as 2% 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 transactions as purchases instead of cash advances saving the cardholder up to 3% on gaming and wagering transactions. 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 sportsbook deposits 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.