On this page, we’ll review everything you need to know about online casino payment methods, including all choices you have for banking options at these sites. From the moment you sign up at an online casino, it’s crucial to understand the online casino banking options available to you to make the most informed decision.
All Online Casino Banking Options
Looking for more details on each available payment method? We’ve got you covered with everything you need to know all in one place, so you can make the best decision. Keep in mind that you should, if possible, deposit with a payment method you’re happy to use for withdrawals.
|Deposit Method||Minimum Deposit||How long for funds to appear in my account?|
|⭐️ ACH/eCheck||$5 - $10||Generally Instant|
|⭐️ PayPal||$5 - $10||Generally Instant|
|⭐️ Play+ Prepaid Card||$5 - $10||Generally Instant|
|Visa Debit/Credit Card||$10||Generally Instant|
|Mastercard Debit/Credit Card||$10||Generally Instant|
|American Express Debit/Credit Card||$20||Generally Instant|
|Discover Debit/Credit Card||$10||Generally Instant|
|Casino Cashier Cage||$10||Cash - Instant|
|PayNearMe with 7-Eleven||$10||Cash - Instant|
Setting deposit limits and cashing out while you’re ahead are crucial components of Responsible Gambling, which is the only way to guarantee safety while depositing and withdrawing at an online casino.
Casino Deposit & Withdrawal Types
Accepted almost everywhere, although not our most recommended method. Credit card transactions depend on the issuing bank and may be denied entirely or come with cash advance fees. It’s also not available for withdrawals. Lots of downsides,
Similar to credit cards, debit card transactions are dependent on the issuing bank and may be denied. However, they are often more reliable than credit card transactions and will not incur cash advance fees. And while it’s usually not available for withdrawals, some online casinos accept debit cards for cashing out winnings.
Commonly known as online bank transfer and one of our most recommended payment methods, ACH/eCheck is essentially a virtual check directly from/to your bank account. This method generally holds a high success rate, low minimum deposits, and quick processing times, and it’s available for deposits and withdrawals.
PayPal is an excellent choice for online casino payments. If you already have a PayPal account, you should have no issue depositing or withdrawing once it’s linked to your online casino account. If you don’t have an account, creating one only takes a few minutes, and you’ll have access to deposits and withdrawals at all real money online casinos in the US.
PlayPlus Prepaid Card
Most legal online casinos offer their own prepaid cards through Play Plus (stylized as Play+). Essentially, PlayPlus is a prepaid debit account that is linked specifically to each online casino. These usually feature instant processing and low minimums. Because it’s tied directly to the casino, it’s a highly reliable deposit and withdrawal method.
Not a common online casino payment method, but you may come across Apple Pay on online casino apps as the option gains traction. This is a quick and easy way to make a deposit and withdrawal for iOS users, but it’s a relatively rare site at this point.
PayNearMe is a great cash deposit option for players who may not live near land-based casinos. With quick processing times, players can make cash deposits at any 7-Eleven, Walmart, Family Dollar, Dollar General, and more using the service.
Similar to PayPal, Skrill operates as a virtual wallet for deposits and withdrawals. While it’s not available in the US, it remains one of the most popular online casino payment methods in the world.
While not typically available as a deposit method, wire transfers are accepted by some online casinos as a withdrawal method. Keep in mind that there’s a high minimum and long processing times, but it may be the best choice if a player is trying to cash out a massive progressive jackpot slot win, as it doesn’t usually have a maximum for withdrawals.
Cash at Casino Cage
The “cash at casino cage” option allows cash deposits and cash withdrawals at the online casino’s partnering retail casino. For example, you can deposit at Golden Nugget Online in-person at Golden Nugget Atlantic City. The processing time is instant and generally has low minimums, but it does require a trip out to the casino, and not very many online casinos offer the option.
Basics of Casino Payment Methods
Casino payment methods come in a variety of forms. At their most basic, they allow you to deposit money into and withdraw money from your online casino accounts. Most legal online casinos offer similar payment options (ACH/eCheck, PayPal, credit/debit cards, etc.), but it’s up to you to find the best method for your usage.
For security purposes, in most cases, you can withdraw using a payment method only if you’ve previously deposited with it. If that’s the case at the online casino you’re playing on, you have to think about the method that works best for your withdrawals before you even make your first deposit.
How To Deposit at an Online Casino
Obviously, if you haven’t already, the first step to depositing is registering at an online casino. During this step, you’ll be asked for personal details such as your name, address, date of birth, and the last four digits of your SSN for identification purposes. Make sure everything matches your ID, as you may be required to provide identification for additional verification.
Head to the Cashier
Once you’ve registered, it’s time to head to the Cashier page, where you’ll find all of your available options for deposits and withdrawals. Additional verification may be required before depositing. If that’s the case, simply follow the instructions and you should be verified in no time.
Choose Your Deposit Method
Once you’re on the Cashier page and fully verified, it’s time to choose a deposit method. We recommend tried-and-true methods such as ACH/eCheck and PayPal for their convenience, success rate, and accessibility. You should also consider your withdrawals at this point, as many online casinos will allow you to withdraw only to a payment method that you’ve previously used to make a deposit. (It’s a security measure.)
Complete Your Deposit
Now that you’ve chosen an ideal payment method, it’s time to make your deposit. Insert any relevant details (bank information, credit card details, PayPal login, etc.) and choose the amount you’d like to deposit. There are two major considerations here, and first and foremost is responsible gambling. Never deposit more than you’re willing to lose. Secondly, if you’re planning on taking advantage of one of our exclusive welcome bonuses and feel comfortable doing so, make sure you’re reaching the minimum deposit laid out in the bonus’ terms and conditions.
How To Withdraw at an Online Casino
Head to the Cashier
When you’re ready to withdraw, you’ll first have to head to the Cashier page. Here, head to the withdrawals section and take a look at the available payment methods.
Choose Your Withdrawal Method
You’ll generally find that the only available payment methods for withdrawals are those that have previously been used to deposit; that’s for your safety. Among these options, you must choose the most convenient method for you but also one that suits the minimum and maximum withdrawal thresholds.
Complete Your Withdrawal
Once you’ve chosen your withdrawal method, simply enter any required details and the amount you’d like to withdraw. Remember that you’ll only be able to withdraw cash, so the available withdrawal amount will not include any bonus funds that haven’t yet been played through.
Common Online Casino Payment Issues
While online casino payments are generally quick and easy, there are some issues that can arise, especially with certain methods of payment. Here, we’ll review what to keep an eye out for.
Deposit Issues with Credit/Debit Cards
Perhaps the most common payment issue is declined cards. This is no fault of the online casinos themselves. Due to the fact that online casinos are legal on a state-by-state basis, many card issuers have chosen to ban online gambling payments. This results in declined payments in some cases. In general, the bank will put your payment on hold for up to 24 hours, at which point it will either be rejected and returned to your account or approved.
There are a few ways to deal with this. First and foremost, if you’re set on using a credit or debit card, you can call the issuing bank to ask if they’ll lift the restriction. Keep in mind that even if you explain that you’re playing legally within a legal state, this restriction usually isn’t lifted. Secondly, and perhaps easiest, simply use a different deposit method. As mentioned earlier, we strongly recommend PayPal and ACH/eCheck deposits.
Withdrawal issues can be more common than deposit issues, and this is generally due to security. Legal online casinos have strict rules and regulations to protect you, your identity, and your money, and while they may be frustrating and cause issues, having them is better than not having them.
One of the most common “issues” you’ll find here is identity verification, which in itself isn’t really an issue at all, more an inconvenience. Before you can withdraw funds, you may be asked to provide personal documents such as a government-issued photo ID or a copy of your utility bill.
Another issue you may come across is limited withdrawal options. As we’ve mentioned earlier, most online casinos will limit your withdrawal payment methods to those that have been previously used to make a deposit. This is for your own protection as well, as it prevents an unauthorized user from hopping into your account and withdrawing straight to their own bank account, PayPal, etc.
Although there are more issues that you may stumble across, the final common one we’ll cover is wait times. While deposits are generally instant, you may find that your withdrawals take more time. This is because of the process that needs to be followed, once again, to protect you and your money. When a withdrawal is initiated, all information must be verified, and casino finance teams must perform certain checks, such as AML or anti-money laundering checks. To complete these processes, online casino teams may need additional time. However, in most cases, you’ll find that withdrawals come through quickly despite having to be approved manually.
How To Set Deposit Limits
Deposit limits are an important piece of playing at online casinos. Think of them as the virtual version of taking only a certain amount of cash to a land-based casino. Every legal online casino will offer responsible gambling tools, one of which is deposit limits. This setting is often located in your “Account” section, and you can choose a maximum daily, weekly, or monthly cap on deposits. Once you reach this cap, you won’t be able to deposit any further until the time period resets.
Along with deposit limits, you’ll find the ability to set time limits (cap on time spent on the website), wager limits (cap on how much you can bet), and more.
How To Choose the Best Online Casino Payment Method
There are many factors that play into choosing the best real money online casino payment method, and it boils down to your personal experience. If you have an easily accessible bank account or PayPal account, we’d first recommend ACH/eCheck or PayPal. However, you should always consider the below points when choosing.
- Availability: First and foremost, you have to look at whether you have what you need to utilize a payment method (bank account, PayPal account, etc.) and if the online casino you’re playing with offers it.
- Success Rate: Make sure you understand the success rate of each payment method. After all, what good is it if deposits and withdrawals don’t work? For credit/debit cards, for example, the success rate largely depends on the issuing bank and its stance on gambling payments.
- Additional Fees: Make sure you’re aware of any additional fees that may be incurred by using a certain payment method. This can include credit card cash advance fees, wire transfer fees, etc.
- Processing Times: When you want to play, you want to play. Take a look at processing times to ensure you’re not waiting an excessively long time for deposits and withdrawals. There may also be an approval period for withdrawals, which is detailed in the online casino terms and conditions and can vary by app.
- Minimums and Maximums: Most payment methods carry a $10 minimum (although $5 can be found rarely), and maximums can stretch to $50K or higher, which is an important factor when you consider the (slim but still existent) chance of hitting the top prize on a progressive jackpot slot. Make sure these parameters work for you, and don’t deposit if you’re not comfortable with the minimum.
- Withdrawal Accessibility: Last but not least, you should think about withdrawal accessibility before you even make a deposit. For security purposes, most legal online casinos will only allow you to withdraw to a payment method that you’ve previously used to deposit so that an unauthorized individual can’t just come in and take your money. In short, deposit with a method you’d be happy to use for withdrawals.
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Online Casino Payment Methods FAQ
Every US real money online casino accepts PayPal, online bank transfer, and PlayPlus card for deposits and withdrawals.
Prepaid Play+ card and PayPal are among the two fastest ways to withdraw money from online casinos. Their speed typically ranges from instant to 24 hours.
ACH/eCheck, online banking, and PayPal are some of the most common payment methods at online casinos.
ACH/eCheck, PayPal, and Play+ prepaid cards are almost always instant and provide high acceptance rates.