Payment Methods for New Online Casinos

Debit & Credit Cards | E-Wallets | Bank / Wire Transfers and Cheques | Prepaid Vouchers | Pay By Phone / SMS

We have made depositing at new casino sites in the UK easier than ever before. This is your complete overview of all payment methods accepted by UK licenced casinos. All you need to do is:

• Follow the jump links above or scroll down
• Find the payment method of your choice
• See all casinos that allow your payment method

Note: Our lists are in reverse chronological order. Want established brands? See our picks for all-time top online casinos. All individual casino reviews list each payment method available to UK players.

Want to change your payment method? We highlight the benefits and disadvantages of each payment type below, and help you make an informed choice in a matter of minutes.

Debit & Credits Cards: The Handy Option

We carry them with us wherever we go: Is there really any wonder why they are still the number one payment option in the UK? Below are all the notable credit cards and debit cards used for making deposits and withdrawals at UK casinos:

Find the Newest Credit and Debit Card Casinos

Short Facts About Costs and Transfer Limits

Min Deposit: Normally around £10
Min Withdraw: Normally around £20
Process Time Deposit: Instant
Transfer Cost Deposits: No Fee – Some Casinos Charge up to 2,5%
Max Deposit: Up to Unlimited
Max Withdraw: Up to Unlimited
Process Time Withdraw: Up to 48 Hours
Transfer Cost Withdraws: No Fee – Some Casinos Charge up to 2,5%

When it comes to using cards to fund your online gaming account there are a couple of very important factors which need to be taken into consideration.

On the positive side of the equation, debit and credit cards are an easy and secure method to make instant Deposits to your gaming account, and Withdrawals are generally processed within 1 to 2 banking days. Most casinos will not charge any fees for either deposits or withdrawals by this method, although you may need to check to see if your bank will deduct a small fee for processing these transactions. Another advantage, compared to the other banking options, is the high amount limits on deposits. In some cases, some online casino do not even have a limit.

The major disadvantage when it comes to credit cards is that there are a number of restrictions in place depending on the card type and your country of residence. While Visa cards are an easy option when it comes to depositing and withdrawing from online casinos, Mastercard will not allow withdrawals from gambling sites back to their cards unless you happen to live in the UK and Ireland. That means that if you deposit by Mastercard you must withdraw via bank transfer in most cases. Meanwhile, a brand like American Express simply does not permit any transactions to or from gambling companies, so this is just not an option. Some other branded cards may have a similar restriction, check our casino reviews to find out which ones allowing that.

E-Wallets: The Most Convenient Option for Mobile Casinos

E-Wallets are simple to use electronic wallets. They are beloved by casino players for offers instant deposits and withdrawals.

Find the Newest E-Wallet Casinos

Short Facts About Costs and Transfer Limits

Min Deposit: Normally around £5
Min Withdraw: Normally around £20
Process Time Deposit: Instant
Transfer Cost Deposits: No Casino Fee – E-Wallet Fee 1-2,5%
Max Deposit: Up to Unlimited
Max Withdraw: Up to Unlimited
Process Time Withdraw: Up to 24 Hours
Transfer Cost Withdraws: No Casino Fee – E-Wallet Fee 1-2,5%

E-wallets like PayPal, Neteller and Skrill are the primary electronic wallets available today with most web casinos, and all of these offer instant deposits and withdrawals in less than 24 hours, sometimes as fast as between 1-4 hours for PayPal and Neteller at selected casinos. Deposits and withdrawals to and from your online casinos are free of charge when using these payment methods, but it will often cost you fees to fund your electronic wallet in the first place and also to withdraw from there to your bank account. Funding your Skrill account using a debit/credit card will cost you about 1.9% which is cheaper than rival e-wallets, with both Neteller and Skrill liable to cost about 1.75% for withdrawals. We recommend you to read our guide on each E-Walled for a detailed break down of the fees.

Minimum deposits using e-wallets vary from one casino to the next but are generally between £5-£20 and withdrawals at the same level. The maximum deposits and withdrawals varies and depend on each online casino, but in most of the cases, there is no limit.  Although the electronic wallets mentioned above are definitely the most popular in markets such as the UK, there are other options in certain casinos such as Citadel, Nordea, ecoPayz and Webmoney. You won’t find PayPal available as an option for residents of most countries except for the UK, but Neteller and Skrill are widely available. If you are a UK resident then PayPal is a cheap and easy way to make deposits and withdrawals, and there are many online gamblers living in other countries who would love the opportunity to use PayPal to fund their accounts. The main disadvantage of using e-wallets to fund your gaming account is the fees, in most of the cases online casinos do not charge for that but the E-wallet itself will do. Then you have to be aware that some casino bonuses will be out of your reach if you are using some specific E-Wallets.

Bank / Wire Transfers and Cheques – The Old Favorite

For those people who are not so comfortable with the idea of electronic wallets, most casinos will still offer the option of bank wire transfers.

Find the Newest Bank / Wire Transfers and Cheques Casinos

There are various different bank transfer options out there – depending on your country of residence – including POLi, Sofort, Trustly and Trustpay, to name a few. While this payment option has the advantage of simplicity and security, the disadvantages tend to outweigh the plus factors for most people. For one thing, you can expect delays of between one and five days before your deposit is processed, and from 1 to 10 working days until withdrawals hit your bank account, so this kind of waiting time is too long for a lot of gamblers. Plus you will be hit with pretty hefty fees both ways, although the amounts can vary greatly depending on the casino and on your bank. Deposits and withdrawals usually have a minimum of $25, although if you are moving 5 figure sums of money around then bank transfers are probably your best option.

Some casinos offer Western Union as a payment method although you can expect to pay high fees and endure a waiting time for deposits and withdrawals with this option. Believe it or not there are plenty of online casinos which still allow cheque payments and withdrawals too, although this is one method that’s likely to become extinct in the next few years.

Prepaid Vouchers – Get a card from your corner store

Prepaid card systems are a simple way to make quick deposits. The most common payment methods offering prepaid vouchers for UK Casinos are Enropay, Paysafecard, Postepay and Neosurf.

Find Newest Prepaid Vouchers Casinos

To use prepaid card systems you just need to find an outlet selling Paysafecard or its competitors in your locale, and be willing to pay the monthly fees for a subscription. There are also limits on your deposits depending on your degree of verification with Paysafecard. Many UK casinos now offer payments from your mobile phone, which is a quick and easy way to make small deposits, although not one for the big-time players.

 

Pay By Phone / SMS – The Most Rapid Growing Payment Method

As an increasing amount of UK players do their online casino play via smartphones, it makes sense for many to have access to direct Phone and SMS funding to keep their online account topped up. It is really convenient to do the transaction and also very practical for the casino players since they will pay the amount by the end of the month once receiving the phone bill.

Find the Newest Pay By Phone or SMS Casinos

Short Facts About Costs and Transfer Limits

Min Deposit: £5
Min Withdraw: NA
Process Time Deposit: Instant
Transfer Cost Deposits: No Casino Fee – Some Providers May Charge a Fee
Max Deposit: Up to £50
Max Withdraw: NA
Process Time Withdraw: NA
Transfer Cost Withdraws: NA

Then there is deposit methods such Boku that allows British players to instantly fund their mobile betting accounts in a couple of clicks. The drawback with that option is that you can only deposit between £10 and £30 per day, so it’s not an option for high-rollers, but it’s a handy way to keep your account topped up without worrying about fees. As smartphone use becomes the primary option for casino play online you can expect this method to become a standard option for the UK online casinos. Then it is important to mention that it is not possible to make any withdrawals with this method.