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FanDuel Payment Methods - Deposit & Withdrawal
FanDuel is an American-based bookmaker that offers its services in Illinois, Indiana, Colorado, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia. Because this bookmaker is located in so many states, FanDuel payment methods may vary depending on where you live. For instance, Iowa and Tennessee do not accept payments via credit cards although debit cards are supported.
Credit and debit cards aside, FanDuel payment methods generally include:
- PrePaid Card +
- PayNearMe
- PayPal
- Online Banking
- Check
- Wire Transfer
You can also make FanDuel deposits and withdrawals in many states using the Cash at Cage option. Read on to find out all you need to know about FanDuel payment methods.
FanDuel Deposit Options & Limits
Which FanDuel deposit option is best for you? That depends on a few factors such as limits, processing times, and the sheer convenience. You should understand that even though FanDuel withdrawals and deposits are free, your payment provider will likely charge you a small transaction fee. Also, FanDuel maximum deposit and minimum deposit limits vary from state to state. Refer to the table below for details on supported FanDuel deposit methods.
Which Credit & Debit Cards are Accepted?
Credit and debit card options for FanDuel payment methods are limited to Visa and Mastercard. As mentioned, you may not use Visa or Mastercard credit cards to fund FanDuel accounts in Iowa or Tennessee. However, you may use your credit or debit card to fund other FanDuel payment methods like Play+ and PayPal.
While FanDuel in most states allows Visa and Mastercard deposits, FanDuel does not offer those options for withdrawals. Credit and debit card deposits are instant and the bookmaker doesn’t charge any fees. Just be aware that your credit card company will likely impose a transaction fee. Those fees depend on the type of card you have.
Is PayPal Accepted?
PayPal is one of the most convenient FanDuel payment methods. This versatile option facilitates instant deposits and fast withdrawals and that is one of the reasons why many sportsbooks, WynnBET and FOX Bet, for example, have adopted it. You don’t have to pay any fees for conducting bookmaker deposits and withdrawals using PayPal. However, PayPal normally charges a 2.9% fee if you fund your account with a credit card. FanDuel PayPal withdrawals are usually processed in 24-48 hours.
How To Fund Your Account
Everything You Need To Know In 5 Easy Steps!
Log in to your sports betting account
Locate and enter the cashier/payments page
Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals
Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.
Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account
FanDuel Withdrawal Options and Transaction Times
Straightforward and quick withdrawals is another area where FanDuel excels. You’ll have access to a variety of withdrawal methods to choose your preference (remember that you normally have to withdraw through the same method as your deposit so it’s important to consider this when choosing your deposit method).
Some methods are faster than others and this will be an obvious consideration in terms how fast you want your funds transferred. However, you should note that some of the faster withdrawal methods may have lower limits.
The fastest methods to get funds out of your FanDuel account include debit cards, online banking, Venmo and PayPal with those options ranging from less than 24 hours to three business days.
FanDuel payout speed
Payout speed is often overlooked by many when choosing a sportsbook. Something that leads to disappointment only when you go to withdraw funds do you discover that it can take over a week to get your money back into your bank account.
The FanDuel payment methods, however, offer some of the fastest payout methods in the industry. In comparison to other sportsbooks, FanDuel also provides more deposit methods than most. Nine different options are available to deposit funds including PayPal, online bank transfers, ApplePay and FanDuel Prepaid Play+ card.
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Conclusion
Although the number of FanDuel payment methods is rather small, there’s a convenient solution for everyone. You can make deposits and withdrawals even if you don’t have a credit card or bank account. A low minimum deposit makes it possible for beginners and small bettors to get in on the action. Heavy hitters can have their withdrawal limits raised if they just ask. The FanDuel PrePaid Card+ and PayPal are probably the best options for those who appreciate instant deposits the fastest FanDuel withdrawal times. There are pros and cons to each option. You need to consider factors such as fees, versatility, limits, and transaction times before you choose the best FanDuel payment option for you.
Payment Methods FAQ
Here are a few of the most frequently asked questions about FanDuel payment methods
Can I change the currency in my account?
FanDuel’s sportsbook only supports the US dollar. This is mainly due to the site only being available to American residents. As such, FanDuel does not give you the option to change currencies in your account settings.
Can I deposit with cryptocurrency?
Cryptocurrency is gaining traction as an accepted payment method at some offshore sites. However, it is not yet an available FanDuel payment method. If you have cryptocurrency and you want to use it for a FanDuel deposit, you’re best off withdrawing it from your wallet and transferring the funds to one of the other supported FanDuel payment methods.
Can I use different options for deposit and cash out?
The general rule is that you must use the same method to withdraw as you did to deposit. This is obviously not always possible as is the case with credit cards. If you deposit using one of the FanDuel payment methods that doesn’t facilitate withdrawals, you will be allowed to arrange an alternative method such as a check.
