Betfred Payment Methods

Reading through the small print can be tiring and tedious – but it’s an important aspect of online gambling. We make it easy for you to find the details you need within seconds.

Before playing for jackpots and exciting games on one of the best online casinos in the UK, you will want to read on..

We look at the Betfred payment methods in 2024 and the best way to make deposits and withdrawals. Discover everything you need to know as we reveal the withdrawal times, max payouts, deposit limits and the best way to make payments.

Let’s look at important details of Betfred’s fast withdrawals, maximum deposit and minimum deposit in 2024.

Betfred Deposit Methods

Here’s a quick look at the Betfred deposit methods for 2024:

  • Debit Cards: Visa, Mastercard, Maestro & Visa Electron Debit
  • PayPal
  • Neteller
  • Skrill
  • Bank Transfer
  • Visa Fast Funds
  • PaySafeCard

How Do I Deposit at Betfred?

Depositing at Betfred is straightforward; simply follow these steps:

  1. Log in to your Betfred account.
  2. Click the deposit button in the top right of the screen
  3. Select your preferred banking method from e-wallets, debit cards, and other options.
  4. Enter the amount to be deposited.
  5. Confirm the amount and your account will be credited with your funds

You may need to give proof of your name, address, and date of birth for the Know Your Customer (KYC) details, which casinos can legally request prior to you depositing.

If you’re using a debit card, you’ll need your CVV/CCV number as well as 3D Secure verification. Your payments will be stored if you wish, making it easier for payments there on.

What is the Minimum I Can Deposit at Betfred?

The minimum deposit at Betfred is £5 – you can make this low deposit by Visa, Skrill or Neteller.

Alternatively, if you’re using PayPal for your payments, the minimum deposit is £5.50.

BetVictor Minimum Deposit

BetVictor Minimum Deposit

18+ only. Min deposit on BetVictor is £5, this is the least a UK customer can deposit.

Full T&C's Apply

What is the Max Deposit for Betfred Per Day?

There are no maximum deposit limits, allowing you to pay as much as you wish. It’s unusual to have no ceiling to what you can deposit but this is a great benefit for high rollers who enjoy punting big numbers.

 How Long Does Betfred Withdrawal Take?

Betfred’s withdrawal times can be as fast as 3 hours using the Visa Fast Funds. Alternative withdrawal methods take between 2-5 working days.

Outside of the Visa Fast Funds, the e-wallets are the fastest withdrawal method – you can get your payments in 48 hours using PayPal, Skrill and Neteller.

Visa debit card withdrawals, take between 3-5 banking days to reach your bank account.

BetVictor Fast Withdrawal

Instantly withdraw your winnings
BetVictor Fast Withdrawal

Players must be 18 and may be required to meet the KYC policy. BetVictor has FastFund withdrawals offered through Visa, which enables you to make the most of quick withdrawal requests that can take as little as 40 minutes.

Full T&C's Apply

How do I Withdraw from Betfair?

The processes to withdraw monies from the Betfred website are as follows:

  1. Log in to your Betfred account
  2. Click onto the account symbol with your balance displayed on the top right of the screen
  3. Scroll down to the withdraw setting
  4. Select the preferred payment option
  5. Enter the amount and click withdraw
  6. Your funds will hit your account within 1-5 days

Remember that many casinos will only let you withdraw using the same method you used to deposit. If you deposit using PayPal and win, you must withdraw with the same payment method.

What is the Minimum Withdrawal at Betfred?

The minimum withdrawal at Betfred is £5 – this is a low withdrawal amount allowing you to withdraw at your discretion.

Having a casino that allows minimum withdrawals this low is great, which means you can withdraw even when your balance is low.

What is the Max Withdrawal at Betfred?

The maximum withdrawal at Betfred is £5,000 per day – if you need to withdraw more, you will need to do it in instalments over a matter of days.

For withdrawals that exceed the limit, simply withdraw from your balance over several days.

Why Can’t I Withdraw My Funds from Betfred?

Here are some of the reasons why your Betfred withdrawal is not working:

  • You cannot withdraw winnings to your debit payment if you did not deposit using a debit card.
  • If your account has been restricted, you can contact their customer service.
  • If your account has not yet been validated, your withdrawal may not be processed.

What is the Betfred Maximum Payout Limit?

The maximum payout limit at Betfred is a whopping £1 million. This is a huge payout limit for sports betting accumulators and other markets.

Regarding Betfred Casino, you don’t need to worry about casino max payouts – as they will be able to pay anything you win via casino games, live casino games or slots.

BetVictor Maximum Payout

Maximum Payout Restriction - £1m
BetVictor Maximum Payout

18+ new customers only. Max payout and win caps are £1m for single bets, this applies to casino games, slots and sports betting. The maximum restriction and limit for the highest pay is one million pounds.

Full T&C's Apply

Debit Cards Accepted By Betfred

Betfred accepts debit card payments from all major banks, including:

  • Lloyds debit card is accepted by Betfred.
  • Betfred accepts Santander debit cards and HSBC debit cards.
  • Natwest debit cards are accepted by Betfred.
  • Barclays debit card is accepted by Betfred.
  • Halifax debit cards are accepted by Betfred.

Does Betfred Accept Credit Card Payments?

Betfred does not take credit card payments since the UK government has prohibited using credit cards on gambling websites. Credit cards are not accepted at casinos in the United Kingdom, whether online or offline.

Does Betfred Accept PayPal?

Betfred accepts PayPal deposits; make your payment using this secure, popular e-wallet.

PayPal is used by casino players worldwide and is celebrated for its ease of use, security and accessibility.

You can make a minimum deposit of £5.50 at Betfred using your account.

Check if Betfred makes our list of the best bingo sites accepting Paypal, slot sites accepting Paypal and casino sites accepting Paypal.

Does Betfred Accept Skrill?

Betfred accepts Skrill payments; Skrill has fast become one of the standout digital wallets used at online gambling sites.

Make your deposit or withdrawal using your Skrill (Moneybookers) account – it’s often praised for its security, ensuring that you don’t need to add your bank details to the site.

Find other Skrill-accepted casinos with our full list and guide.

Does Betfred Accept Revolut?

Betfred does not offer Revolut as a banking method; you can not use your Revolut account to pay and withdraw. Luckily, there are lots of other banking options.

Does Betfred Accept Monzo?

Monzo can be used as a debit card payment on Betfred – make your deposits with this method with ease. The minimum deposit using Monzo is £5.

You can also withdraw your Betfred balance using Monzo; it takes between 2-5 working days for withdrawals to processed.

Does Betfred Accept Bitcoin?

Betfred does not accept Bitcoin as payment or any other cryptocurrency. Despite the legitimacy of cryptos in recent years, Betfred is still not allowing crypto as a form of payment.

Does BetVictor Accept Apple Pay?

Deposit with Apple Pay at Betfred and use this safe payment method without disclosing your bank information. Using this app payment, you can deposit or withdraw money quickly and securely.

Find Apple Pay casinos with our detailed list of the best casinos that accept this payment type.

Does BetVictor Accept PaySafeCard?

PaySafeCard is accepted by Betfred and can be used to withdraw or deposit funds.

It is a legitimate payment commonly accepted by leading online bookmakers and casinos; use this simple banking option to make your payment or withdrawal.

Find a complete list of Paysafecard casinos using our guide; we compile a list of the best Paysafecard sites.

Can I Use Boku at BetVictor?

Boku is accepted as payment at BetVictor, allowing you to pay by phone. Make your deposit via your phone bill – this is a great way to deposit now and pay later.

Does BetVictor Accept Neteller?

Pay on Betfred with Neteller, a safe and secure e-wallet that allows you to deposit and withdraw funds easily.

Neteller is a sister site to the well-known Skrill payment method discussed above and is ideal for instant deposits and quick withdrawals.

Does Betfred Accept Trustly?

Betfred accepts Trustly as a payment method; the appropriately named wallet is trusty and easy to use – make your deposits and withdrawals easily.

Does Betfred Accept Payforit?

PayForIt is not an accepted payment option at Betfred, but there are plenty of e-wallets, debits and pay-by-phone options that you can use.

Does Betfred accept Mpesa?

Betfred does not accept Mpesa as a valid payment method, but they do accept a variety of e-wallets, pre-paid cards, and banking methods.

Does Betfred accept Naira?

Betfred does not accept Naira as a payment method. BetVictor accepts GBP, CAD, AUD, and Euros as payment methods.

Why Can’t I Deposit on Betfred?

If your deposit is being denied, it could be due to one of the following reasons:

  • Your card issuer/bank has denied your deposit.
  • Expired card on system The card’s expiry/validation date has passed.
  • The verification of your KYC is essential for your casino account (proof of ID)

All problems with deposits should be reported to their official customer service.

How does Betfred Show on the Bank Statement?

Betfred transactions show as Betfred or Petfre on your bank statement – making it simple to track what you’ve deposited or withdrawn.

Alternatively, you can use your Betfred account history to find all of your transactions, betting history and deposits.

What Debit Cards are Accepted?

Betfred accepts the following types of debit cards:

  • Visa
  • Maestro
  • Mastercard
  • Electron


Betfred is a recognised entity in the gambling industry; you can easily make payments with lots of choices from debit cards to e-wallets.

Find all the limits, minimum deposits and more before registering at Betfred Casino.

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Deposits and Withdrawals Information

Here are all the payment details for all the biggest online gambling sites.

A freelance writer who loves to research all areas of online casinos. As a Journalism Graduate, I enjoy copywriting and reviewing all the latest slot machine games released. With many iGaming articles published in Birmingham Mail, Manchester Evening News & Daily Mail. Currently working remote and enjoying the freedom.