Casino Deposit Methods

To play at UK slot sites, you need to be able to deposit and withdraw to and from your casino account. Here, we look at all the casino deposit methods in the UK. Our experts look closely at the best payment methods including the pros and cons.

This includes deposit and withdrawal limits, restrictions, processing fees and cashout times. The aim is deposit and withdrawal quickly, easily and safely at a UK online casino. With so many options available, we help you choose the right online casino deposit method. You can also find the best casinos by payment method.

Most Popular UK Payment Methods

There is a brief description of each casino payment method with a link to it’s own dedicated section. You’ll also find a table highlighting the pros and cons:

Debit Cards

debit-cards-casino-deposit-method

Deposit Time: Instant Deposit Limits: £10-£5,000 (average)
Fees: Free Average Cashout Time: 1-3 working days
Valid for Welcome Bonus: Yes Availability: 100% of casinos

Using debit card casinos is the most popular way to make an online casino deposit. With the vast majority of us having a debit card, especially in the UK, all UK casinos will accept debit cards such as Switch, Maestro, Visa Electron and Visa Debit (amongst others).

When making a deposit, you need to enter the exact name that appears on the card, the long 16-digit number, the expiry date and the 3-digit CVV number on the back. The online casino will encrypt these details so it’s totally safe. With casino withdrawals taking between 1 and 3 days on average, using a debit card will always allow you to claim a casino’s welcome bonus.

PayPal

paypal-casino-deposit-method

Deposit Time: Instant Deposit Limits: £10-£5,000 (average)
Fees: Free Average Cashout Time: 1-24 Hours
Valid for Welcome Bonus: Not Always Availability: 60% of casinos

Especially in the UK, PayPal is an extremely popular choice amongst slot players. The e-wallet solution is quick and very secure. With over 300 million PayPal customers around the world, it can be used online nearly everywhere. Using PayPal enables you to protect your bank account details at all times.

With instant deposits, a real advantage of using PayPal is the speed of withdrawals. Most casinos will process PayPal cashouts in a few hours and even in a matter of minutes in some cases. However, PayPal sometimes isn’t allowed to be use to claim a welcome bonus/offer. This is stipulated in each of our detailed casino reviews though. For more info, check out our list of PayPal casinos in the UK.

Apple Pay

apple-pay-casino-deposit-method

Deposit Time: Instant Deposit Limits: £10-£5,000 (average)
Fees: Free Average Cashout Time: 1-3 working days
Valid for Welcome Bonus: Yes Availability: 70% of casinos

With so many of us having an iPhone or iPad, Apple Pay casinos have grown in popularity significantly. On your device, you can add your bank card details to the Wallet section. This is then saved. With most of us taking our smartphone everywhere we go, there’s no need to carry a wallet or purse. When you go to pay for something, you will be asked to confirm your payment using your phone PIN, face ID or Touch ID.

Apple Pay is basically for mobile slots players. With more and more of us playing slots on our smartphones, having our bank details on our phone makes perfect sense to deposit at a casino. As Apple Pay is connected to your bank account, it will take up to 3 working days to get your winnings. Where available, Apple Pay can be used for welcome bonuses.

MuchBetter

muchbetter-casino-deposit-method

Deposit Time: Instant Deposit Limits: £10-£5,000 (average)
Fees: Free Average Cashout Time: 1-3 working days
Valid for Welcome Bonus: Yes Availability: 50% of casinos

MuchBetter is an award-winning e-wallet provider that has been created specifically for the gaming industry. Accessed via a dedicated MuchBetter app, your debit card details are protected via their high security system. Deposits are simple and instant too. You can also withdraw with ease.

Casinos that accept MuchBetter are plentiful with so many UK licensed casino sites now offering the popular payment method. Perfect for mobile slots players, MuchBetter deposits are valid for more welcome bonuses too. On top of this, MuchBetter offer their users exclusive bonus offers via their app. Finally, there is a MuchBetter Mastercard which can be connected to Google Pay.

Boku

boku-casino-deposit-method

Deposit Time: Instant Deposit Limits: £10-£30 (average)
Fees: Free Average Cashout Time: NA
Valid for Welcome Bonus: Always Availability: 30% of casinos

If you play online slots on your mobile device, Boku casinos may be your best option to deposit. With no Boku account to setup or dedicated mobile app to download, Boku is probably the simplest casino payment method available to UK players.

There’s no need to enter your payment details as the deposit amount is added to your monthly phone bill or deducted from your pre-paid or pay-as-you-go balance. Pay by phone casinos require you to enter your mobile number and deposit amount. Confirm the transaction and reply to the text message to complete your deposit. With deposit limits up to £30, it’s a superb choice on the go for a quick, free and simple deposit.

Neteller

neteller-casinos-banner

Deposit Time: Instant Deposit Limits:  £10-£5,000 (average)
Fees: Free Average Cashout Time: Instant-2 working days
Valid for Welcome Bonus: Sometimes Availability: 80% of casinos

Neteller was once the most popular way to deposit at online casinos. Whilst some players now prefer more modern methods such as PayPal and Apple Pay, it remains a mainstay at online casinos in the UK.

Neteller casinos also usually offer instant deposits and withdrawals, giving it a big advantage over other payment methods. It’s also great for high rollers, thanks to generous maximum deposit limits. Finally, Neteller has been helping slots players cash in and out since 1999! With over 20 years of experience handling payments, you can rest assured it’s safe and secure.

Bank Transfer

bank-transfer-casino-deposit-method

Deposit Time: 1-5 working days Deposit Limits: £20-£50,000 (average)
Fees: Small Fee (average is £2) Average Cashout Time: 1-5 working days
Valid for Welcome Bonus: Yes Availability: 100% of casinos

All slot sites will allow a bank transfer as it’s the most basic way of making deposits and withdrawals. It’s commonly used with VIP or high rollers who make larger deposits and/or withdrawals. When you deposit via a bank transfer/wire, it will take up to 5 working days for it to hit your casino account.

In terms cashing out your winnings, it’s just as slow unfortunately. Furthermore, many casinos will charge a small transaction fee for bank transfers. This is typical a tiny % or a fixed amount around the £2 mark. Finally, bank transfer casino deposits are valid for a casino’s welcome offer.

Trustly

trustly-casino-payment-method

Deposit Time: Instant Deposit Limits: £10-£5,000 (average)
Fees: Free Average Cashout Time: 5-15 minutes
Valid for Welcome Bonus: Yes Availability: 60% of casinos

With all of us having online bank accounts these days, playing at Trustly casinos in a no-brainer. Connected with over 8,100 merchants and 6,300 banks, all you need to do is select Trustly when depositing or withdrawing, entering the amount and login to your online bank account.

The process is simple, secure and extremely fast. Cashouts take between 5 and 15 minutes on average and deposit/withdrawal limits are between £10 and £5,000 on average. On top of this, a Trustly deposit is valid for all casino welcome offers as it uses your bank account. What more could you want?

Best Casino Payment Methods

Can’t make your mind up? Here’s a table highlighting the average deposit and withdrawal time, the minimum and maxim deposit and cashout limits and well as fees. It’s important to consider this is the average for each online casino payment method and depends on a casino by casino basis.

Method Min Deposit Cashout Time Min Cashout
debit-cards £10 1-3 Days £10
paypal £10 1-24 Hours £10
apple-pay £10 1-3 Days £10
skrill £10 1-24 Hours £10
neteller £10 1-24 Hours £10
muchbetter £10 1-24 Hours £10
paysafecard £10 NA NA
bank-transfer-general £20 2-5 Days £20
g-pay £10 1-3 Days £10
boku £10 NA NA
trustly £10 5-15 minutes £10

How We Rate Online Casino Payment Methods

Whether you plan to play slots exclusively at 1 or at various slots sites, you will need a trustworthy casino deposit method to quickly and safely transfer funds to and from your online casino account. With most players using the same payment method to fund all accounts, it’s important to see look at the advantages and disadvantages of each payment method.

This sections looks at the top online casino payment methods with a focus on all the important elements a slots player needs to consider when making a deposit and/or withdrawal. Deposit and withdrawal limits, limitations/restrictions, withdrawal/cashout times, fees, availability and devices are the major factors. This is all with a UK focus in mind.

Our aim here at Online-Slot.co.uk is to offer enough information so you can enjoy a hassle-free experience when depositing and withdrawing your funds at an online casino in the UK. Here’s a brief overview of online gaming payments and what you should consider:

Deposit and Withdrawal Limits

When conducting casino deposits, you need to consider the deposit limits a UK casino offers. Most start from £10 with a few offering a £5 minimum deposit amount (i.e. BetVictor Casino). However, with most deposit limits ranging up to £5,000 generally, some online casino payment methods have limitations up to £30 per deposit. If you take Boku for example, the maximum deposit allowed is £30 per day.

This varies from casino to casino too. If you take PayPal, PlayOJO Casino offers their customers a £10,000 maximum withdrawal limit. At LeoVegas Casino, it’s £4,000 whilst its £30,000 at 888 Casino. Finally, withdrawal amounts are normally set at £10 with some casinos stipulating the minimum at £20.

Withdrawal/Cashout Times

This is probably the most critical element for a regular online slots player. Cashing out or receiving your winnings as quickly as possible is the aim of the game here. However, it all depends on which payment method you opt for. If you’re using a debit card or bank transfer, your winnings will be back in your account within 2-5 business days on average.

On the other hand, an e-wallet payment method such as PayPal can see your winnings in your PayPal account within a matter of minutes. The average withdrawal is within 24 hours.

To get your winnings quickly, check out our list of Fast Payout Casinos.

Furthermore, some casino sites process withdrawals various times a day meaning you won’t be waiting long once you’ve initiated a cashout. Some process cashouts once a day and some don’t process any at weekends. You may get a big win on a Friday evening to find you need to wait until Monday morning before the payments team is on hand to process your request.

Fees

In terms of fees, they are 2 types. Fees imposed for the casino payment method or by the online casino themselves. If you take PayPal for example, the majority of PayPal casinos give you free withdrawals.

A bank transfer normally involves a cost such as £2.50 per transaction on the other hand. The likes of HeySpin Casino and Jaak Casino impose a £1 withdrawal fee across the board.

Availability

With so many casino deposit methods in the UK, some may not be available. For example, gambling on credit cards was banned in April 2020 by the UK Gambling Commission. They founded that 22% of online gamblers using credit cards to gamble online were classed as problem gamblers which could to lead to significant financial harm.

Various online gaming payments are specific to certain countries like iDeal in the Netherlands and Teleingreso in Spain. If you take the more commonly known PayPal, UK slot sites need a PayPal operating license to offer this deposit method.

Devices

With advances in technology, there has been an influx of mobile payment methods in recent years. The likes of Boku, Payforit, Zimpler, Apple Pay and Google Pay casinos have risen in popularity.

Whilst the likes of top e-wallets like Skrill, PayPal and Neteller have dedicated mobile apps, the likes of Pay by Phone allows you to simply make a deposit with no passwords or card details. Any deposit amount is added to your next monthly phone bill or from your available credit balance if you’re on pay-as-you-go.

The most popular mobile payment method in recent times is Apple Pay. The way it works is that you add a credit or prepaid card to your Wallet app on your iPhone or iPad. When you go to pay, you tap the Buy with Apple Pay button. Once you’re happy, place your finger on Touch ID or enter your passcode to complete the transaction. It’s that simple.

Restrictions/Limitations

In terms of restrictions or limitations, this can include deposit/withdrawal limits and cashout times. However, the focus here is placed by the actual online casino. Some UK casinos will only allow certain online gaming payment methods to be used when claiming the welcome bonus.

Most, if not all, UK casino bonuses have certain restrictions. If you take PlayFrank Casino, Skrill and/or NETeller are excluded so you need to use your debit card of PayPal. Another example is NetBet Casino who specify that no e-wallets/prepaid cards can be used. All this crucial information is mentioned in our casino reviews and in their Terms & Conditions.

KYC & AML Checks

If you play slots regularly online, you would have heard to term Know Your Customer (abbreviated to KYC). This is a process used by UK casinos to verify the identity and financial information of their customers. Basically put, casinos must ensure that their customers are genuinely who they claim to be. It is significant in the fight against financial crime and money laundering.

This is a requirement from the UK Gambling Commission.

For starters, you need to be 18 or over to gamble online. Uploading/sending copies of various forms of identification is normally the first step. This can include a passport or driver’s license. Then you need proof of address (i.e. a utility bill or bank statement from within the last 3 months). Many casinos employ automated age verification checks before a customer is allowed to deposit or play online. The process is quick and only needs to be done once.

Importantly, financial verification may affect the payment method you use. You need to prove you have the legitimate funds to play slots online. Casinos will ask you to verify your payment method or provide proof of earnings. This can include sending them a copy of a:

Payslip Bank Statement
Scan/Photo of Debit Card/E-Wallet Savings Account/Trust Deed

How to Deposit and Withdraw at an Online Casino

We’ve explained all the online casino payment methods available for UK players. Now you need to know how to make casino deposits and withdrawals (also known as cashouts).

Depositing

Once you’ve successfully registered at an online casino of your choice, you need to deposit. Luckily, the process is very simple. Follow these simple steps to deposit:

1 Log in to your casino account
2 Visit the Cashier/Banking/Wallet section or click on the ‘Deposit’ button
3 Choose your preferred payment method (from a drop-down menu normally)
4 Enter the amount you want to deposit
5 Confirm the transaction

Withdrawing

If you’ve managed to win playing your favourite online slots, you will want to cashout or withdraw your winnings. The steps are similar to deposit on the most part which helps:

1 Log in to your casino account
2 Go to the Cashier/Banking/Wallet section (some casinos have ‘Withdraw/Cashout’ buttons)
3 Select your payment method (from a drop-down menu normally)
4 Enter the amount you want to cashout
5 Confirm the transaction

FAQs

What are the most popular casino payment methods?

For UK players, debit cards are the most popular way to deposit and withdraw at an online casino. E-wallet solutions such as PayPal, NETeller and Skrill are commonly used. There’s also a rise in mobile payment methods such as Apple Pay, Boku and Pay by Phone.

What is important when choosing a casino payment method?

Selecting a payment method should be secure, hassle-free and quick. This section looks at various elements including deposit/withdrawal limits, fees, cashout times, availability, KYC/AML checks and restrictions/limitations.

Which casino payment method is fastest?

E-wallet solutions are known for being the quickest for cashing out your winnings. You can expect your winnings in your account within a matter of minutes at many top UK casinos.

Are there any fees when using a casino payment method?

It depends. Using a bank transfer will normally incur a fee whilst e-wallet solutions tend to be free. However, each online casino can incur a small transaction fee for withdrawals. Any fees are highlighted in our detailed casino reviews.

Author
Chris Taylor
Review by
Last updated: November 13, 2023

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