We understand that the ways to deposit and withdraw at online casinos might not make for the most interesting topic. It is, however, extremely important to understand the options open to you. On this page, we’re going to run you through the different banking options you’ll often find at the newest bingo sites, so you can decide on the best method for you.
The most popular way to add and withdraw funds at an online casino is credit/debit card. This is simply down to one fact: pretty much everyone has at least one credit/debit card in their purse or wallet. What’s more, deposits using this method are instant and also nearly always free. Withdrawals might take slightly longer, but they should also come without fees attached. The only disadvantage is that you’ll have to input your banking details at a bingo site – something that some people are hesitant to do.
There are loads of e-wallets found throughout the world, however the three you’ll find most often at online bingo sites are PayPal, Neteller and Skrill. E-wallets save you from having to input banking details at a bingo site, therefore meaning that many see them as an incredibly safe way to deposit. You will often find small fees associated with e-wallets though, such as the 3.4% plus 20p charge levied by PayPal on all money transferred to them from a casino. You should also be aware that some sites don’t allow those depositing using Skrill or Neteller to claim certain bonuses.
Pay by Mobile Bill
This is a great option for those playing bingo using their mobile device. You’ll simply need to input your deposit amount and phone number, before then confirming the transaction via text message. The value of the deposit, which can be anything up to £30 per day, is then added to your mobile phone bill (or deducted from credit for those using PAYG mobiles). This means that you don’t have to pay for the deposit until your phone bill arrives. You will usually find a 15% fee attached to this depositing option, however you won’t find a safer way to deposit anywhere. This method can’t be used for withdrawing money.
Did you know that you can deposit at online bingo sites using cash? Just head to any participating retailer and purchase a Paysafecard voucher with your cash. You can then use the code on the voucher to add money to your Paysafecard account. It’s then just a simple step to transfer the money to your bingo account. Paysafecard is completely free to use for deposits, however it can’t usually be used for withdrawals. The biggest drawback is convenience, as not many want to head out to the shops just to deposit some money at an online bingo site.
The final option to mention is Entropay. This is offered at many bingo sites, however it’s not as popular as most other methods. Entropay is essentially a virtual VISA card, so you can use it at every site accepting VISA deposits. You just load the money onto your Entropay card and then this money can be used to top-up account balances. It is also possible to use Entropay for withdrawals. As with most options, there are fees to consider, however these aren’t excessive. You should find that any deposit made using Entropay is added to your account instantly.