Payment Guides

If you want to play for real at any online slot site in the UK then there is a wide variety of payment options available to you. It is still the preferred option for most online gamblers to use a debit card to fund their casino account, but alternatives like eWallets, Pay By Mobile services and Prepaid cards remain viable and popular options. The guides listed on this page are here to help you make the right choice as you choose your next slots adventure.

How To Choose The Right Casino Payment Service

If you are browsing this page then perhaps you are looking for a new way to fund your slots account. In which case you will need to consider the pros and cons of the choices available to you. Payment processing times, bonus eligibility, deposit and withdrawal limits, and payment fees will all influence your decision about which service to use next time you deposit. Here we break down each of those considerations in turn so you can understand how they should influence your decision.

Payment Processing Times

Until recently one of the many bug bears that online gamblers in the UK had about the casinos they played at was the withdrawal times. Operators have been notorious for holding back withdrawal transactions for a ‘pending period’ before the finance team would release them. Whilst various reasons were given for these delays, ultimately it was a way to tease gamblers into reversing their transaction and wagering their winnings. Fortunately, the UK Gambling Commission has announced an end to this practice that will come into force on 31st October 2021.

However, that does not mean that withdrawals will now be instant. The speed at which your funds become accessible varies from one payment option to the next. Bank accounts typically take up to 5 working days to process funds into your account whist eWallets are much quicker. And some services don’t facilitate withdrawals at all.  So if withdrawal speed is a big priority for you, we recommend going with an eWallet.

Fastest withdrawal option: Paypal Casinos

Deposit and Withdrawal Limits

As any regular casino player will know, deposit and withdrawal limits can vary from one slot site to the next. The same is true of payment services. If you are looking to make large deposits then it is usually best to stick with debit cards although some eWallets, and in particular Paypal, allow for larger transactions. Alternatives, like BOKU on mobile and Paysafecard, typically restrict players to much smaller deposits. If you are looking to manage your gambling budget then these can be a good solution as they prevent you from making impulsive and irregular payments.

Best option for big deposits: Visa or Mastercard

Bonus Eligibility

Online casino operators work hard to ensure that their promotional campaigns are not open to abuse from cynical customers looking to take advantage of loopholes in the system. Historically, eWallets options like Skrill and Neteller have been open to this kind of abuse and consequently they have been excluded from bonuses. Always check the terms and conditions of any offer you want to claim to be sure your deposit will be eligible. And if you are looking to take the maximum hit from a bonus package then remember that you will need to use a service that lets you make the maximum deposit. It’s no good funding with BOKU with a £30 limit if you want to pick up a 100% up to £100 match!

Best option for bonuses: Visa or Mastercard

Trust, Security and Personal Data

There is always a risk, however small, that when you make a payment online your account will get hacked and your personal details compromised. Fortunately, all payment methods available at UK casinos are subject to high level audits and operate under strict regulations set out by the financial services authorities in the relevant jurisdictions to ensure that your money is safe. If security is a big concern for you then we recommend that you choose an eWallet that does not require you to share your personal bank details with the operator each time you deposit. Instead, you simply use your eWallet log in details to facilitate a deposit or withdrawal.

Best option for security: Paypal eWallet 

Transaction Fees

Finally, it’s worth considering fees when choosing a payment service to deposit with. The good news is that almost all operators in the UK do not pass on the cost of processing transactions to their customers so you will be able to fund your account and withdraw winnings free of charge. Which is as it should be. However, because this is a concern that is treated differently by each casino we recommend that you always read the terms and conditions of any site you play to be aware of any hidden costs before funding your account.

Best option for low fees: Visa or Mastercard

 

The Different Types of Payment Service

Before you choose which deposit option to go with, here is some more information about each of the payment types, including the basic pros and cons of each.

Debit Cards

By far the most popular way to fund a casino account in the UK is with a debit card displaying the Visa, Mastercard or Maestro icon. Almost everyone who gambles has a bank account and one of these cards. They are trusted, safe and convenient. And every slot site accepts them. Remember too that if you ever want to restrict your gambling spend then you can ask your bank account to block transactions from casino operators.

The only drawback of using one of these is that they take longer to process wtidhrawals onto than eWallets. And finally, remember that since April 2020, credit cards have been banned in online gambling sites so they are no longer an option.

Pros

  • Accepted everywhere
  • No fees
  • Eligible for all bonuses
  • High limits on deposits and withdrawals

Cons

  • Longer withdrawal times

eWallets

Aside from bank cards, eWallets are the next most popular payment service. Once you have signed up and verified your account with a provider like Paypal or Skrill then you can deposit and withdraw without using sharing your bank details. The only drawback with eWallets is that some are ineligible for bonuses.

Pros

  • No requirement to share your bank details
  • Easy to use
  • Good for budget management

Cons

  • Some are ineligible for bonuses
  • Requires eWallet account set-up
  • Not all casinos accept them

Pay by Phone 

An increasingly popular way to fund your casino is using an SMS-verified service like BOKU. If you have a mobile phone then this option is available to you and your deposits will be charged to your mobile phone bill or deducted from your pay as you go credit. Pay by phone services are suitable for making small deposits and are quicker and more convenient that those that require you to enter log in or bank account details for a payment provider.

Pros

  • Super convenient and fast
  • Great for mobile slots play
  • Only verification required is SMS

Cons

  • Lower deposit limits
  • Not all slot sites accept them

Prepaid Cards

Prepaid cards became a popular option in the online gambling world because they allowed a punter to gamble using cash. If you don’t want to share you bank card details online, or you don’t have a bank account, or you are unfamiliar with the eWallet services on this page then the choice of Paysafecard may be a good one for you. The downside to these options are that there are usually some limits on how much you can deposit in one transaction, and not all of them are available for withdrawals.

Pros

  • Don’t require a bank account or credit check
  • Don’t require you to share your bank details
  • Easy to manage your spend

Cons 

  • Limits on deposits are low

Instant Banking Options

Another grouping of payment services that is less well-known but worth considering is Instant Banking like Trustly, iDebit and Instadebit. They are less common at slot sites in the UK but international casino operators regularly make them available. Instant Banking options facilitate the transfer between your bank account and the casino account. They are usually free of charge and come with higher limits that other service. They are also available for welcome bonus offers as standard.

Pros

  • Simple to use
  • High deposit limits

Cons

  • Not all sites accept them
  • Require you to set up a separate account with the provider

Bank Transfers

If none of the other options on this page appeal then you can always switch to the old fashioned method of a bank transfer. This is also known as a CHAPs or BACs payment and requires a bit more patience as it can take a few days for your deposit to be processed. The bank will also sometimes charge fees for this service so it’s important to check that out before going ahead. For big depositors though, bank transfers often have the highest limits on one-time transactions.

Pros

  • Very safe and secure
  • Anyone with a bank account can use them

Cons

  • Slower than all other deposit and withdrawal options

 

Useful Resources

UK Gambling Commission – Blocking Bank Payments for Gamblers

Paypal Website

Paysafecard Website

Trustly Website

BOKU Website

FAQs

  • Which is the safest payment option for online gambling?

    All payment options are secure for online gambling in the UK. The industry is well regulated by the UK Gambling Commission and all opeartors are fully audited to ensure that their platforms are secure. Similarly, all payment providers are audited and regulated by financial services authorities. If you want to be super-secure then you can use an eWallet option that doesn’t require you to share your bank details.

  • What happens if my deposit doesn’t work?
    If you have issues making a deposit then there are two options. Either you should contact the casino operator through live chat or email, or you can contact your payment provider to see if there is an issue with your card or eWallet account.
  • Can I use a credit card to gamble online?
    No, credit cards have been banned for gambling online in the UK since 2020.
  • Do slot sites have withdrawal limits?

    Yes, most slot sites will have a withdrawal limit per month. However, in exceptional circumstance such as a huge progressive jackpot win then the limits will normally be lifted to allow a one off transaction to take place. To understand what the default limits are then we recommend that you check the terms of a site before joining.

  • Do online casinos really pay out?

    Yes, casinos must pay out on request. All the casinos listed on our site are licensed by the UK Gambling Commission. Refusing to make good on a withdrawal request without good reason would lead to an operator having their license revoked.

  • How long do bank transfers take from casinos?
    Bank transfers are one of the slowest withdrawal options from casinos. They can take anywhere from 3 days to 3 weeks to process depending on the bank and your location.