Betfred offers its UK customers five payment options to withdraw money, including debit cards, PayPal, Skrill, Neteller, and bank transfer. Debit card withdrawals are the fastest option, with an instant processing time. PayPal, Skrill, and Neteller E-wallets withdrawals are also quick, taking up to 24 hours, while bank transfers are the slowest method, taking between 3 and 7 business days to process.
Betfred Withdrawal Methods
Payment Method | Fee | Processing Time | Minimum Withdrawal | Maximum Withdrawal |
---|---|---|---|---|
Debit Cards | No | Instant | £5 | £9,999 |
PayPal | No | Within 24 hours | £5 | £5,000 |
Skrill | No | Within 24 hours | £5 | £6,500 |
Neteller | No | Within 24 hours | £5 | £4,000 |
Bank Transfer | No | 3-7 working days | £25 | £25,000 |
Withdrawals below £5 need to be requested by contacting Betfred customer services team.
At Betfred website, there are no fees for depositing or withdrawing money from your account. You can access your deposit and withdrawal history by going to your “My Account” area and selecting “Balance History,” followed by “Banking.” Betfred aims to process withdrawals on the same day as the request but might take up to 48 hours due to security and other validation checks.
Betfred Withdrawal Method — Cards
Debit card withdrawals at Betfred are an instant way to access your winnings. The minimum withdrawal amount for debit cards is £5, while the maximum is £9,999. Betfred accepts Visa (as ), Visa Electron, Mastercard, and Maestro debit cards for this purpose, ensuring a wide range of options for their customers. There are no fees for withdrawals, and Betfred supports Visa Fast Funds standard for almost any Visa debit card issued by a major UK bank.
Betfred Withdrawal Method — PayPal
PayPal is a popular e-wallet that allows Betfred customers to withdraw their winnings within 24 hours. With a minimum payout amount of £5 and a maximum limit of £5,000, Paypal withdrawal is a flexible option for both casual and experienced bettors. PayPal offers a secure way to receive your funds without sharing sensitive bank information, making it a convenient choice for many users.
Betfred Withdrawal Method — Skrill
Skrill is another e-wallet service that Betfred UK customers can utilize for withdrawing their winnings. The Betfred withdrawal time for Skrill is within 24 hours, with a minimum amount of £5 and a maximum of £6,500. Skrill E-walet provides a secure and speedy way to access your funds without revealing your personal banking details, ensuring your privacy and security as you enjoy your winnings.
Betfred Withdrawal Method — Neteller
Neteller is an e-wallet option that allows Betfred customers to withdraw money within 24 hours. The minimum payout amount is £5, and the maximum limit is £4,000, offering a versatile solution for a range of betting enthusiasts. With no commission and a secure platform, Neteller is a popular choice for bettors seeking quick access to their winnings.
Betfred Withdrawal Method — Bank Transfer
Bank transfers at Betfred may take between 3 to 7 working days, making it the slowest method available. However, it offers a higher maximum of £25,000 and a minimum withdrawal limit of £25, making it suitable for those who wish to withdraw larger sums of money. While it may take longer to process, bank transfers provide a reliable and secure way to receive your winnings directly into your bank account.
Unacceptable Withdrawal Methods
Paysafecard
Paysafecard is a popular prepaid card that allows customers to make online payments without providing personal banking information. Unfortunately, Betfred does not support paysafecard for withdrawals. On other UK betting sites, the typical withdrawal time for this payment method is up to two days, with minimum withdrawal amounts of around £10 and maximum limits of up to £2,000.
Google Pay
This mobile payment and digital wallet platform that enables users to make secure and quick payments through their smartphones. Betfred does not currently accept Google Pay as a payment method. On other UK betting sites, withdrawal times for Google Pay can range from instant to a few hours, with minimum amounts typically set at £10 and maximum of around £10,000.
Apple Pay
Apple Pay is a digital wallet service that allows iPhone and Apple Watch users to make convenient payments through their devices. Unfortunately, Betfred does not support withdrawals using Apple Pay. For other UK betting sites that accept Apple Pay, withdrawal times can vary from instant to a few hours, and the minimum withdrawal amount is often £10, while maximum withdrawal limits can reach up to £10,000.
How to Withdraw from Betfred
- Log in to your Betfred account.
- Navigate to your “My Account” area and click on “Withdraw.”
- Select your preferred method from the available options (cards, PayPal, Skrill, Neteller, or bank transfer).
- Enter the amount you wish to withdraw from the betting site, ensuring it is within the minimum and maximum payout limits for your chosen method.
- Provide any additional information or verification details that may be required.
- Confirm your withdrawal request.
- Monitor your payment history in the “My Account” area to track the progress of your withdrawal. Keep in mind that processing times may vary depending on the method chosen and any security checks that may be required.
Tips for Smooth Withdrawal at Betfred
- Always use the same method for both depositing and withdrawing money to ensure a seamless process. This helps avoid any issues with Betfred withdrawals.
- Keep your Betfred account details up-to-date, including your address, banking information, and any changes in your preferred payment method to avoid potential issues when you withdraw funds.
- Verify your identity and complete any pending ID checks as soon as possible to avoid delays when requesting a withdrawal. This may include providing a bank statement, e-wallet statement, or other proof of address.
- Be aware of the minimum and maximum payout amounts for your preferred payment method to ensure your request falls within the acceptable limits. For instance, Visa Fast Funds, Mastercard withdrawals, Paypal withdrawals, and Neteller withdrawals all have different limits.
- Familiarize yourself with Betfred’s withdrawal processing times for each of Betfred withdrawal options, so you can anticipate when your funds will be available.
- Ensure you have met the requirements and conditions for the Betfred welcome bonus, if applicable, before attempting to withdraw bonus-related winnings. This may include fulfilling specific wagering requirements or deposit limits. And if you did not complete the wagering, first withdrawal will forfeit the bonus.
- Consider using e-wallets like PayPal, Skrill, or Neteller for quicker withdrawals compared to a bank wire transfer. These methods can be particularly useful when you need to access your online winnings promptly.
- Visit your local Betfred shop if you need assistance with the payout process or have any questions regarding your account or withdrawal options.
- If you have previously deposited funds using a certain method, be prepared to use the same payment method for withdrawals. This is a common requirement among online betting sites to prevent money laundering.
- Monitor the status of your withdrawal request by checking your “Balance History” in the “My Account” area. Keep in mind that larger withdrawals may take longer to process due to additional security checks and validations.
By following these tips and being aware of Betfred’s withdrawal policies, you can ensure a smooth and hassle-free experience when withdrawing your winnings.
Betfred Video Review
Before making your decision to bet at Betfred, have a look at our short video review of the bookmaker’s service and features.
Betfred video review
Betfred Withdrawal Times FAQs
Does Betfred Pay Instantly?
Betfred offers instant payment for bank card withdrawals, including Visa, Visa Electron, Mastercard, and Maestro. However, other payment methods like PayPal, Skrill, and Neteller may take up to 24 hours, while a bank transfer can take 3-7 working days.
What Withdrawal Methods Can I Use At Betfred?
Betfred provides a variety of withdrawal options, including cards, PayPal, Skrill, Neteller, and bank transfers. Choose the method that best suits your needs based on processing times and withdrawal limits.
I’m having the Betfred Withdrawal Problems, What Can I Do?
If you encounter issues with your withdrawal, first check your payment history in the “My Account” section to ensure your withdrawal is not still processing. If the problem persists, contact Betfred’s customer support for assistance.
How Do I Cancel A Withdrawal At Betfred?
Due to UKGC regulations, it is no longer possible to cancel or change withdrawals once they have been requested. This rule is in place to protect vulnerable players who may be tempted to cancel withdrawals and continue betting.
Is It Easy to Withdraw Money from Betfred?
Withdrawing money from your Betfred account is straightforward. Choose from a range of available payment methods, such as debit cards, PayPal, Skrill, Neteller, or bank transfer, and follow the step-by-step withdrawal process. Betfred aims to provide a seamless experience for its customers, ensuring that withdrawing your online winnings is hassle-free.
Consider the processing times, minimum and maximum withdrawal amount, when selecting your preferred Betfred payment methods. By following the tips provided for a smooth process and understanding Betfred’s withdrawal policies, you can enjoy your winnings with ease.