FanDuel
FanDuel Payment Methods 2024 – Deposits & Withdrawals
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With a variety of FanDuel payment methods available, users may find it hard to pick the right one for them. Having more options means taking more time to determine which one suits your specific needs. To help you pick the one you prefer the most, we will discuss everything needed about payment options available to players at FanDuel.
If deposit and withdrawal methods are clear to you, head over to our overview of FanDuel and what it has to offer.
FanDuel Deposit Options
While researching the site, we came to a realization that there are quite a few FanDuel payment methods available. This makes it easier for users who now have a way to pick a payment option based on their own personal preferences.
The choices that you have involve:
- Traditional methods like Debit Cards and Credit Cards (Visa and MasterCard)
- Direct deposits available through Online Banking (Trustly).
- Modern solutions in the form of Apple Pay, Venmo and PayPal.
- Cash deposits which can be done by visiting participating stores and using a barcode to add funds to an account.
FanDuel PayPal is definitely one of the more preferred options, as we were able to notice. Nevertheless, each one has its advantages and disadvantages which can only be determined based on the user’s personal needs.
How to Deposit – Step-By-Step Instructions
Adding funds to your player’s account is a simple process that will only take a couple of minutes of your time. Start by following these steps:
- Log in to your player account.
- Choose the Deposit option.
- Pick one of the available FanDuel deposit methods.
- Provide all the necessary details for the payment to be executed.
- Enter the amount you wish to add.
- Confirm your transfer.
As you can see, the process does not differ greatly from any other seen with different operators, meaning that customers who have done similar things will be able to do it quickly.
How to Withdraw Money from Your FanDuel Account?
The withdrawal process does not differ so much compared to the deposit procedure. It goes just as fast as you complete the following steps.
- Log in to your FanDuel account.
- Pick the Withdraw option.
- Select one of the FanDuel withdrawal methods.
- Input all the necessary information.
- Select the amount you wish to withdraw.
- Confirm transaction.
The biggest difference between deposits and withdrawals is that moving your potential winnings to your bank account may take more time to complete. Users can also receive notifications about their withdrawals in real time.
In a separate review, we covered this interesting feature – Fanduel Prepaid Card, so you can get more info.
Withdrawal Processing Times
The withdrawal processing time differs depending on the method you choose. Each one is different, so we advise you to take a real close look at each method so you know how long you are going to have to wait to receive your potential winnings.
| Payment Options | Duration |
|---|---|
| 💵PayPal | up to 24 hours |
| Online Banking | 3-5 business days |
| Venmo | up to 24 hours |
| 💳FanDuel Play+ Card | up to 24 hours |
| Cash at Counter | within an hour, or up to 48 hours. |
| 💰Check | 7-10 business days |
| Debit Card | up to 24 hours |
Please note that a withdrawal delay can occur because of an account verification or a payment verification.
Deposit and Withdrawal Limits
As far as limitations go, we were able to notice that there are some that you should definitely know about. For instance, the use of Credit Cards is restricted in Connecticut, Massachusetts, Tennessee, and Vermont. Also, Iowa does not allow deposits made via credit card, while Connecticut and New York have a $2,500 per year limit on credit card deposits per card.
PayPal and Venmo are completely restricted in Connecticut and Tennessee. Also, another restriction involves not being able to mix deposit and withdrawal methods. This means that you can’t deposit with one and withdraw with the other. You need to do both with the same payment method.
The FanDuel withdrawal limit also depends on the method you decide to go with. The same thing goes for the FanDuel minimum deposit amount.
Pros & Cons of FanDuel Payments Options
To help you get the most out of our review, we provide you with our honest opinion about the pros and cons related to the payment methods offered by FanDuel.
| ✅ 👍 What we like | ⛔️👎What we don’t like |
|---|---|
| Multiple payment methods offered. | Certain limits exist depending on the state and method. |
| No fees included within any payment option. | No cryptocurrency options available. |
| Secure transactions. | Fees may be incurred based on your bank. |
| Easy to navigate process. |
Final Thoughts
To sum up our thoughts about FanDuel and their payment options, we can say that they have done a pretty good job. The operator offers a decent number of payment options. They are a renowned operator, thus they have a secure payment system. Finally, the process to move funds is simple even for beginners to use.
Therefore, if you value a good payment system and it is something that you greatly value when picking your sports betting site, think about FanDuel as they have a good system in place.
FanDuel FAQ
For some added info about the payment options, check out the lines below.
No, you cannot. The brand does not allow cryptocurrency payments.
You can use Debit/Credit cards, Venmo, PayPal, Online Banking, FanDuel Play+ Card, or Cash at the Counter.
Yes, you can. The option is available to you.
Yes, you can. It is available for both deposits and withdrawals.
Yes, you can. Prepaid debit cards are accepted for use on the site.
If you win, you get your winnings based on the odds and the wager you have made.
To update or access your saved deposit methods on FanDuel, log into your account and click the right arrow. For adding a new deposit method, click “Add Payment Method” and follow the on-screen prompts.
