Best UK casino payment methods 2024

Debit cards

Credit & debit cards are popular payment methods around the world. However, only debit cards are eligible for UK casino players due to UK Gambling Commission laws. Most adults in the country have at least one debit card, making this a convenient and popular casino deposit method. You can also withdraw your winnings using debit cards such as Visa and Mastercard.

When funding your account using a debit card as your payment method, you must provide your card number, the expiry date, and the 3-digit security code. You can choose to save your card details at the casino, and normally, you must use the card from your last casino deposit when you withdraw. Once you store a debit card, you can perform one-click payments using the saved details.

Apple Pay / Google Pay

Apple Pay and Google Pay are competing elite-level mobile integrations that utilise e-wallet technology to provide one-tap, contactless payments. You can store multiple bank account cards and financial services and access them as a payment method in a few taps. Both are from two of the world’s biggest tech companies and come with significant security measures, including multi-factor authentication.

Google Pay is available across platforms, but contactless NFC payments are only for Android users. Apple Pay is more exclusive and is only available on iOS for iPhone and iPad users. Neither option is universal for casino sites, so you’ll need to shop around if you want to use one for iGaming payments. Luckily for iOS users, Apple Play is more available than Google Pay, for example, at top casinos like All British Casino and Pub Casino.

E-wallets

Perhaps the best casino payment methods and certainly the most popular option, e-wallets are ultra-convenient and boast the best overall features. These include instant casino deposits, excellent security, widespread availability, and swift cashouts. All UK casinos accept at least one e-wallet, so you will always have options to choose from. Leading wallets like PayPal, Skrill, and Neteller were created to offer seamless online payments.

These form of payment method allow users to curate bank accounts and cards, as well as hold their own balance within the wallet. Making payments only requires providing the e-wallet code or signing into the account. You won’t need to worry about giving the casino your debit card or bank account information. E-wallets are also one of the best withdrawal methods online casino options because cash outs are faster, sometimes as quick as a few hours, depending on the casino you choose.

Bank transfers

If you prefer a traditional approach for your online casino payment methods or do not have access to an e-wallet or debit card, a bank transfer may be your best choice. This payment method works as any type of online bank transfer. You will need to use the casino account details and give them access to your bank account to make the deposit. You can do this online, and the process is like online banking you use to pay a bill or other service.

Withdrawals work in reverse, so you’ll need to give the casino operator your bank account details. Importantly, cashing out winnings with bank transfers takes longer than other payment methods. You may need to wait up to 7 business days to get your profits.

Mobile casino payment options

Pay by phone is a niche payment method for depositing into your casino account. When you use this option, the deposit amount is put onto your phone bill for the following month. During the deposit process, provide the amount you want to pay in and your mobile number. The casino then sends a text with a verification code. Enter the code to confirm the transaction.

There are advantages to Pay by phone, such as secure transactions and a play now, pay later concept. However, there are strict deposit limits of usually £30. So, this is an option for budget players who want to take care of their bankroll. There may also be fees from the casino, and withdrawals are not possible with the pay by mobile payment methods.

Alternative payment methods at casinos

You may find alternative payment methods to the ones above. Importantly, you will not see any casinos accepting cryptocurrency like Bitcoin in the UK, even if the same brand accepts crypto in other markets. UK gambling laws prohibit online gambling sites from accepting cryptocurrencies. The most popular alternative to the online casino payment methods above is Paysafecard.

Paysafe is a pre-paid service that allows you to top up a card with funds and then deposit into a casino or make other online payments. When you buy a Paysafe card from a retail location, you receive a one-time PIN code that you provide the casino. This unique code means your transaction is very secure, and you do not need to provide your financial details. Other notable pre-pay deposit methods include Neosurf and Zimpler.

Online casino banking policies: fees, times & limits

Before you commit to a banking method at online casinos, it is important to understand its banking policies. Each payment method will come with different fees, times and limits that you need to be aware of before you make your first transaction.

Payment methods with the fastest payouts

Being able to withdraw your profits is one of the joys of iGaming and most players value being able to receive their winnings as quickly as possible. However, not all casinos offer the same withdrawal speeds and the payment option you choose will impact payout times.

All withdrawals must pass the online casino’s approval process. Most casino sites approve requests within 48 hours, with many doing it in 24 hours or less. Some fast-payout casinos offer instant withdrawals, but this is a rare feature. This is possible because the casino operator will use automation to approve transactions.

Once the casino approves your transaction request, how long the money takes to reach your financial account depends on the payment method.

Minimum deposit & casino payment methods

Whether you’re a beginner testing the waters or on a tight budget, there are casinos that cater to you. Some UK minimum deposit online casinos support a £5 minimum deposit, while the average is £10. Of course, you can increase your deposit to higher amounts any time you want. If you deposit with a £5 casino, check the bonus T&Cs, as you may need to pay more to be eligible for bonuses and promotions.

Most popular deposit methods in the UK support deposits of £5, but there are exceptions. For example, PayPal, Skrill, and Neteller only allow a low deposit of £10. If you choose bank transfer, you will need to be ready to invest more as the minimum limit is £100.

Check the table below for the limits and times for deposits and withdrawals from popular UK casino payment methods.

• Barclays - Barclays introduces a 72 hour delay to its gambling block feature
• Ellis Jones Solicitors - Excessive Gambling: Banks’ Obligations for Detecting and Acting Upon Unusual Account Activity
• First Direct - Gambling support
• GamCare - Everything You Need to Know About Bank Gambling Blocks
• HSBC - Gambling support
• Halifax - Support with gambling
• Lloyds Bank - Customers now able to set personalised gambling spend limits
• Monzo - We've improved our gambling block
• Natwest - Gambling support
• Nationwide - Gambling support
• Starling Bank - Starling’s gambling block feature
• PayPal - What gambling activities does PayPal prohibit?
• Paysafecard - How do I use the gambling block feature?
• TSB - Supporting you if you are worried about gambling
• Queen Mary University of London - A Unique Position and a Difficult Challenge: Banks’ Support of Individuals Experiencing Gambling-Related Financial Harm
• United Kingdom Gambling Commission - Block gambling payments with your bank