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What Is Considered a Fast Withdrawal Casino?
Any casino that pays out in less than 24 hours is considered a fast withdrawal casino. However, some are faster than others, even providing instant payouts. In some countries, like the UK, withdrawal times are regulated by law so that the players don’t have to wait forever for their winnings.
Instant Withdrawal Casinos
Instant withdrawal casinos are those that pay in under an hour. There are lots of under-hour withdrawal casinos, including PokerStars Casino, LeoVegas, Casushi, Duelz, Casumo, Playzee, PlayOJO, and Regal Wins Casino, amongst others.
Plenty will process cashouts almost instantly, but don’t take it as a given, as they may have busy periods. That said, there seems to be a competition amongst sites in the UK to be the fastest, which can only be a good thing for us players.
To benefit from under 1-hour cashouts, you need to withdraw using specific payment methods. They include PayPal, Skrill, Neteller, Apple Pay, Google Pay and Trustly.
Finally, having a verified casino account will allow you to withdraw, so ensure you’ve submitted the necessary identification documents.
Same-Day Withdrawal Casinos
While quite a few UK operators offer under 1-hour payouts, there are even more same-day withdrawal casino sites. This can be anywhere from instant to within 24 hours.
We all want our money back into our accounts yesterday once we’ve requested a withdrawal, but sometimes it’s impossible to get it instantly. But a same-day withdrawal casino is the next best thing and is still considered quick. So don’t disregard a casino if it doesn’t offer instant payouts. It might have the best slots portfolio you’ve seen in a long time, but you might have to wait a few more hours for your funds.
How Do I Cash Out at a Fast Withdrawal Casino?
Making a withdrawal from a fast withdrawal site is usually a simple and straightforward process. The first step usually involves heading to the account or banking section of a fast-paying casino and then requesting a withdrawal. You’ll then have to choose how much you want to withdraw and by which method.
You normally have to withdraw using the same method used to make a deposit. For example, if you’ve made a deposit with a debit card, you’ll have to withdraw to the same card. When you’ve filled in all the required information, click Cashout or Withdraw and the withdrawal wheels are in motion.
The online casino will then process the request, checking things like whether you’ve completed all the wagering requirements for a bonus, for example. Once approved, the casino will process the withdrawal and send the money to your chosen account.
The process might vary slightly from place to place, but most online casinos follow a similar procedure when it comes to processing withdrawal requests.
Factors Affecting Withdrawal Time
There are several factors to look out for when considering withdrawal times at online casinos. Let’s go through them.
Payout Pending Period
After you have made a withdrawal request, there’s what’s known as the payout pending period. In an ideal world, we’d win on our favourite online slots and be able to click on the Cashout button and the money would be sitting in our account moments later. It’s not usually as fast as that.
The money will be sitting in your online casino account while their banking team processes the transaction. In some places, the processing period can be as much as 4 days, which can be very frustrating if you want to get hold of your cash in a hurry.
More and more operators are quickening up the pace, though, and offering much shorter payout pending periods. Fast withdrawal casinos have very short or no pending periods, which is the closest to offering instant withdrawals.
Payment Methods for Fast Payouts
Different methods usually mean different timescales for cashouts. In this section, we’ll look at the pros and cons of the most popular online casino payment methods.
- Money Wallets: Including NETeller and Skrill payments, money wallet solutions usually offer the quickest withdrawal times. It’s worth noting that if you use a money wallet to make a first deposit, you won’t be able to take advantage of a new player welcome offer at some online casinos.
- PayPal: this payment service, which is a mainstay of eBay transactions, is available at more and more UK-facing casinos. PayPal casinos offer the ease and convenience of the money wallets, and in many cases, players remain eligible for welcome bonus offers.
- MuchBetter: this mobile app offers secure deposits and withdrawals for smartphone users. It’s generally not quite as quick as the money wallets but still compares favourably with debit cards.
- Apple Pay: available exclusively for iOS users, the rise of Apple Pay online casinos in the UK has been evident. You can now deposit and withdraw quickly, securely and without having to divulge any card details.
Payment Methods to Avoid
Most online casinos offer a wide variety of options when it comes to banking. You don’t have to use a money wallet. However, if you want instant payouts, it’s best to avoid the following payment methods.
- Debit Cards: after being approved, money usually takes between 1 and 3 working days to land in your bank account. However, in more recent times, Visa Direct has allowed debit card withdrawals to be a lot faster at some casinos.
- Bank Transfers: this is often the slowest method for a withdrawal. Depending on the bank and online casino, a wire transfer withdrawal can take anywhere between 1 and 7 days to be completed. However, if you have an account with one of the eligible banks, payouts can take as little as 3 hours.
- Prepaid Cards: prepay vouchers like Paysafecard have become an increasingly popular method for making deposits to online casino accounts. They’re not the greatest option for withdrawals, though. In most cases, if you deposit with a prepaid card, you’ll withdraw via bank transfer, which, as we’ve seen above, isn’t the fastest method available.
Weekend Cashouts
If you land a big win on a Saturday, and you want to get your hands on the cash, you don’t really want to be waiting until Monday morning to get the withdrawal wheels in motion. The best fast-withdrawal casinos offer weekend cashouts.
This isn’t possible at all online casinos in the UK. With our best online casinos, we’ll highlight whether or not they offer weekend withdrawals. Given that weekends are one of the most popular times for online casino play, it really should be routine for online casinos to process cashouts on Saturdays and Sundays as well as on weekdays.
VIP and Loyalty Schemes
At some sites, members in the upper echelons of the casino VIP or Loyalty Programme are eligible for faster withdrawals than the players lower down the VIP food chain.
As usual, this varies from site to site and is something we try to flag in our casino reviews. VIP programmes are another area that the UK gambling regulator is looking into. Ideally, you want an online casino that offers rapid withdrawals as a matter of course, not just for the high rollers.
Lock Withdrawal Option at Fast Payout Casino Sites
This is a very handy feature that allows players to lock their withdrawal so that it can’t be accessed and is well out of temptation. Let’s give an example.
Say you landed the bumper payday and requested a withdrawal. It then goes into the casino’s pending payout tray. So far, so standard. As we’ve already seen, the pending timescales can vary. With the money in the pending tray, it can be tempting to dive back in and start playing with the money you had originally wanted to withdraw.
The Lock Withdrawal feature does exactly what it says on the tin. It locks the withdrawal so that you can’t access it. The withdrawal is guaranteed to go through with the money sent to your chosen account method.
At some casinos, you’ll have to request this option. Others deliver it automatically. A prime example is in our Risk Casino review around its Lock Withdrawal feature. It allows players to protect their withdrawal and take the temptation to play with those funds off the table.
Summary: How to Speed Up Withdrawals
There are a number of steps you can take when it comes to receiving your winnings quickly, especially at no wagering casinos where you don’t even need to turn over any bonus funds first. These tips below will help in getting paid out in no time:
1 | Find a casino that offers a small, or better still, no pending period when you request a withdrawal. |
2 | Select a payment method that offers fast cashouts like money wallets or PayPal. |
3 | Double-check the maximum cashout amounts (and minimum deposit amount). You don’t want to get caught having to make multiple withdrawals when other sites will allow you to withdraw the same amount in one go. |
4 | Verify your account. Make sure you have the relevant documents to hand so you can complete the verification process quickly. The ideal scenario is for the casino to have automatic verification. |
5 | If you live close to an online casino that has a physical presence, like a bookmaker or casino, it’s worth checking if they offer on-site withdrawals. |
FAQs
Many UK licensed casinos offer under 1 hour withdrawals including PokerStars Casino, LeoVegas, Casushi, Duelz, Casumo, Playzee and Regal Wins Casino. These are all in the conversation when debating the best instant withdrawal casino in the UK.
A lot of factors. The main ones are the casino’s pending payment length and the method you use for withdrawal. Choosing a money wallet can have a big impact on the latter.
Generally speaking, the money wallets like Skrill, NETeller and PayPal offer the fastest payouts. Withdrawals are often made instantly once the casino has approved them.
Casinos regulated by the UK Gambling Commission come with a host of player protection rules. Play with one of these sites, and your withdrawals will be safe and secure.
Speed up your withdrawals by using a money wallet to make your cashouts. Make sure you have verified your account too so there are no delays there.
In many cases an online casino will try and verify your account automatically. If that’s no possible, you’ll likely need to upload scans of photo ID like a driving licence plus something with your address. The process is completed within 48 hours but is often quicker.
Generally speaking, faster casino payouts don’t cost any extra than standard cashouts. Fees vary from casino to casino so check out our full casino reviews to see who charges what and for what methods.
If you make a deposit using 1 method, you usually have to withdraw using the deposit method. There are exceptions, though. If you deposit using say, a voucher like Paysafecard, the withdrawal would usually be via a bank transfer.
At some online casinos, one perk of being a VIP is faster cashouts. This varies from place to place so check before signing up.