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Debit Card Accepted Betting Sites

Since their introduction as a form of payment method allowing holders easy access to their bank account cash electronically, debit card payment services have become hugely popular. Without risking incurring interest charges as you would on a credit card, yet with the same flexibility, debit cards are one of the foremost methods people use to purchase items online.

This of course includes online bookies and our team has compiled a list of betting sites that happily accept debit card payments.

Top 5 Debit Card Friendly Bookmakers

How It Works: Deposits & Withdrawals

How to fund account:

The first thing you need to do is log into your chosen bookmaker and then head over to your ‘My Account’ page. In this section look for the option to make a deposit (this may come under Banking or Cashier) and click on it.

A list of available deposit options will come up. Scroll through them until you find the option for debit card payment. Once you have located it click on it to open up a new window.

In this section you will need to enter your card details. This is usually the type of card you are using, the 16-digit card number, the dates the card is valid from and to and also the security code on the reverse of the card.

You will also need to put in how much you would like to make a deposit. Remember you will need to have this money available in your current bank account linked to the card in order for the transaction to be processed successfully.

Once you have entered in this information you may then need to enter supplementary information to do with your betting account (such as your password) in order to complete the transaction. Once you have entered all the data, click proceed.

If you have a card protection service active on your account, then you may then need to enter this password information to confirm that this is not fraud on the account. When you have done this successfully, the transaction will proceed. A confirmation screen will tell you when the transaction has been completed.

After the deposit has been successful the cash is removed from your bank account instantly and should be available for you to spend on the site immediately.

How to withdraw from account:

It is very simple, quick and easy to make a withdrawal of winnigns back to your debit card, however before you start the process, it is worth looking at a couple of things.

Firstly you need to check that the funds you want to withdraw from your betting account can be withdrawn and are not bonus funds or have some other requirement to be met before they can be withdrawn.

Secondly, you also need to have ensured that you have funded your account using the debit card previously, as if you have not then you may not be able to withdraw back to this account until you have made a deposit using this payment method.

If both these issues are fine, then you can proceed with the withdrawal. Log in to your betting site account and then select the ‘My Account’ option and from the options available select ‘Withdrawals’.

When the screen loads up, scroll through the withdrawal methods and select the debit card option.

When this screen loads you will need to enter any data missing from your card. Some sites will save your card data when you make a deposit, meaning you only have to enter some of the information regarding your card. On others, you’ll need to re-enter all the card details.

Once this has been completed, you’ll need to confirm how much of your balance you are withdrawing (keeping a close eye on the minimum and maximum withdrawal amounts permitted by debit card) and then enter your site password.

When completed your transaction will then proceed and you should find that the funds are transferred and in your bank account within 2 to 5 days.

Are there any fees?

If you use Visa Debit, Mastercard, Switch or Maestro then there should not be any charges incurred when you make a deposit with your card – we’ve ensured and checked all the bookmakers that accepted debit cards which we’ve listed above are fee-less.

Nor should there be any charges made to you when you make a withdrawal back to your debit card.

Alternative Deposit Options

The most obvious alternative to debit cards when funding a betting account, or indeed for any online transaction, are credit cards. Both are used in pretty much the exact same way when making a transaction although both use alternative sources of funding.

The downside to using credit cards to funding an account is that if your balance every month is a debit balance, then you will be charged interest on this, which is not the case if you hold a credit balance with your bank account each month and pay via debit card.

A number of e-wallet service providers such as Neteller, PayPal and Skrill are also a good alternative to debit cards. Indeed, they can serve as an intermediary service between your bank account and your betting site provider, so that your bank details are protected online and never used in a transaction.

However withdrawing back to a debit card from an e-wallet account does incur charges, even if a withdrawal from a betting site to an e-wallet account does not.

Pros & Cons

Pros:

• Debit cards are as easy to use and are available as an option at 99.9% of online bookies.
• Deposits are instant to your betting account.
• You do not run the risk of building up a large credit balance as you can on a credit card and thus be left paying interest on top of the payment to bring the credit balance down.

Cons:

• You do need to transmit your bank details as part of a the transaction, which is not the most secure form of payment method available online today.
• You are reliant on having money in your account accessible, rather than a line of credit.