Best Online Casino Payment Options – 2021

In order to play your favourite online casino, you will need to deposit funds in your account before being able to play any game. There’s a large…

number of payment options nowadays, all you have to do is to choose the payment option you prefer, fill the necessary details and you are ready to go.

Not sure which online casino get your favourite payment option? Luckily our team reviewed the top UK online casino sites and indicate which payment options are available for each online casino.

In order to play your favourite online casino, you will need to deposit funds in your account before being able to play any game. There’s a large number of payment options nowadays, all you have to do is to choose the payment option you prefer, fill the necessary details and you are ready to go. Not sure which online casino get your favourite payment option? Luckily our team reviewed the top UK online casino sites and indicate which payment options are available for each online casino.

Welcome Package
Up To £500 +150 Free Spins

T&C apply

New Customers Only

1st deposit – 100% match up to £100 in bonus funds & 100 spins on select games. 2nd deposit – 100% match bonus up to £100 in bonus funds & 25 spins on select games. 3rd deposit – 50% match bonus up to £300 in bonus funds & 25 spins on select games. Minimum deposit of £10 for each of the three deposit matches. 30x wagering. Spins valid for 7 days. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.25/5

Welcome Bonus
100% Up To £100
+ 100 Free Spins

T&C apply

New Customers Only

New customers only, min deposit £20, wagering 35x, max bet £4 with bonus funds. 100% up to £100 bonus + 100 free spins on 1st deposit. No max cash out on deposit offers.  Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.3/5

Welcome Bonus
50 Free Spins on First Deposit

T&C apply

New Customers Only

50 Free Spins on first deposit (on Rich Wilde and the Book of Dead). Also, after the first deposit the player can claim an additional 30 Free Spins by visiting the Kicker Section. So the player can receive a total of up to 80 free spins. Please refer to the landing page for all the details.

Deposit £10 and get 50 Free Spins + 30 Extra Free spins to claim!

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.9/5

Get 1 Free Prize Twister Spin on First Deposit

T&C apply

New Customers Only

Min deposit: £10. Game: Masked Singer UK, Spin Value: £0.10. The Prize Twister awards a random prize of either cash or free spins. WR 60x free spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the free spin winnings amount or £5 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.4/5

Welcome Package
Up To £300 + 10% Cashback

T&C apply

New Customers Only

Bonus is subject to a 45x wagering requirement.First deposit bonus
100% match bonus up to £100 on first deposit.
Second deposit bonus
50% match bonus up to £200 on second deposit. To receive the welcome bonus a minimum deposit of £10 is required. Bonuses are valid for 30 days. Bonus excluded Skrill and Neteller deposits. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.8/5

Welcome Bonus
100% Up To £99
+ 99 Free Spins

T&C apply

New Customers Only

Min deposit £20, wagering 40x, max bet £5 with bonus funds. 100% up to £99 bonus + 99 free spins on 1st deposit. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.7/5

Welcome Package
100% Up To £50 + 50 Free Spins

T&C apply

New Customers Only

100% bonus on first deposit up to £50 & 50 Free spins (10 spins per day for 5 days) for Starburst. Min. first deposit £20. Max bonus £50. Max bonus bet £5. Max bonus cash-out £500. 40x Wagering requirements. Bonus expiry 30 days. Free spins expiry 2 days. Game restrictions apply. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.4/5

Exclusive Bonus
100% Up To £100
+ 10% Cashback

T&C apply

New Customers Only

Maximum bonus is 100% up to £100. No max cash out. Wagering is 35x bonus. Maximum bet while playing with a bonus is £5. Cashback is cash with no restrictions. Bonus excluded for players that deposit with Skrill or Neteller.

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.3/5

Welcome Package
Up To £200 Bonus
+ 100 Free Spins

T&C apply

New Customers Only

First Deposit: 100% up to £50 + 20 Spins on Starburst *Min. Deposit £10 Second Deposit: 50% up to £75 *Min. Deposit £20 Third Deposit: 50% up to £75 *Min. Deposit £20 After first deposit made, customers will get + 20 Spin for the next 4 days

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.5/5

Welcome Package
Up To 500 Free Spins

T&C apply

New Customers Only

 One welcome package per player. Max bonus bet £5, Min deposit £20, 1st deposit: get 100 bonus spins, 2nd Deposit: get 75 bonus spins, 3rd deposit: get 125 bonus spins, 4th deposit: get 50 bonus spins, 5th deposit: get 150 bonus spins. All spins are on slot game Book of Dead only. Bonus funds must be used within 30 days and bonus spins within 7 days. Spins winnings credited as bonus. Bonus funds separate to Cash funds, and are subject to 35x wagering and withdrawal requirements. Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.3/5

Exclusive Bonus
100% Up To £200

T&C apply

New Customers Only

Min deposit £20 max bonus amount £500. First deposit: 100% up to £200. Second deposit: 50% up to £300. Wagering 40x for each bonus. Game weighting applies. Cashback: 5% cashback on first and all other deposits during week 1, 10% cashback on all additional deposits taking place in week 2 only. Bonus betting limits: slots – £5 all other games – 10% of bonus amount

Click here for full T&Cs

18+ Please Gamble Responsibly.

4.1/5

Welcome Package
Up To £500
+ 150 Free Spins

T&C apply

New Customers Only

Min deposit £10, The following deposit matches are available: 1st deposit – 100% match up to £100 in bonus + 50 spins on Starburst. 2nd deposit – 100% match up to £100 in bonus + 50 spins on Starburst. 3rd deposit – 50% match up to £200 in bonus + 50 spins on Starburst.  Full T&Cs apply

Click here for full T&Cs

18+ Please Gamble Responsibly.

3.9/5

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An important update:

Since 14 April 2020, the Gambling Commission has banned the use of credit cards on online casinos. So, players who want to play at a UK regulated casino cannot do so with credit cards.

The ban will be valid for both online and offline gambling options, to try to prevent compulsive behaviour of gamblers which is known to use credit cards.

E-wallets are also valid for the new ban, so compulsive gamblers cannot deposit to their digital wallets using credit cards.

Online Casino Payment Options

With so many payment options, the simple task of funding your online casino account can be very hard.

As every payment option have its advantages and disadvantages, knowing the good and the bad of your payment option, can give you a different perspective and even make you change your thoughts regarding a specific choice.

Before we will review the most popular online casino payment options available today, let’s understand first how it all works.

Before you even make your first deposit, you first need to sign up with your favourite online casino site.

You’ll be required to fill details such as – first and last name, phone, email, address, and date of birth, once you’ve done creating your account, its time to make the deposit.

To play the games your online casino offers, you will need to deposit money first, unless you’re playing with Free No Deposit Bonus.

Normally, if there’s no such a bonus available, you’ll be requested by your online casino to choose one of the payment options available on their site.

Some online casinos have a great number of payment options while others, offering just fewer options.

You should always check if there are any limits on the chosen payment option that not suits you, make sure you know what the limits, so you won’t have any trouble doing the action you plan.

Withdrawal

So, what about withdrawing money? Well, it mostly depends on the online casino you signed up with; usually, it takes them between two to seven days to transfer the money into your bank account.

It’s also important to look at which withdrawal options the chosen online casino offers.

Some will offer the option of withdrawing money through PayPal, directly to your bank account and even though Bitcoin or other cryptocurrencies.

Another essential thing to check is the withdrawal limit; some will offer a weekly limit of £3,000 while others will allow you to withdraw over £10,000 every week.

It can be very critical for players who play in large amounts or players who won a lot of money since it can take a long time to get the money into their bank account.

So, after learning the basics, let’s see what payment methods are popular among online casino users in the UK:

Debit Cards

Perhaps the most popular and straightforward form of payment options available: Debit cards are the most popular payment method in the online world, and especially when it comes to online casinos in the UK.

This payment method doesn’t require any third-party registration; Players need to fill in the card details and personal information to fund their online casino account.

Important note: before using a debit card, make sure that the chosen online casino has a secure site sign (check the site’s URL, Https:/ means the site is secured while Http:/ isn’t safe).

At Dailycasinobonus.co.uk, we make sure that any online casino recommended on our site is fully secured.

Prepaid Cards

Prepaid cards, unlike debit cards, are not connected to any bank account.

So how exactly do they work? Pretty simple – a person using this card must charge it in advance, once he used the money he loaded, he will be required to charge that card again for the next time he wants to use it.

Some of the most popular prepaid cards are Paysafecard, ecoCard, Neosurf, Neteller and Skrill.

One of the main reasons why people prefer using a prepaid card is they prefer to be anonymous.

As we mentioned above – prepaid cards are not linked to your bank account; In other words, the chosen online casino won’t have any personal details about you.

Another reason why people using a prepaid card is to set a limit for their gambling spending, unlike Debit Card (which linked to a bank account), the only funds that available for spending are the amount which you’ve changed in the prepaid card.

E-wallets

Electronic wallets are a form of payment option that gained momentum in recent years, and there is a good reason for that:

It’s the fastest deposit and withdrawal option as of today, transactions through e-wallet will pass in minutes (and likely to get approval in a matter of hours) which is much more quickly than in debit card. 

But that’s not all! E-wallets has strong security as well, including encryption technology and password protection, so users can connect debit card and other different payment options in one place, knowing they have maximum protection on their information.

Some of the most known E-wallets are PayPal, Neteller, and ecoPayz. 

Our team has collected the best bonuses of the top online casinos in the UK that offering an E-wallet deposit option.

Bitcoin

As technology evolves, so does online casinos, and one of the things they emphasize is their payment options.

Digital currencies (cryptocurrencies) are the most advanced payment option in the world.

It’s such a new technology that at any given time, more and more new crypto coins are coming up with different solutions.

Online casinos have realized that the trend is growing in the cryptocurrency world and have developed payment methods through Bitcoin (the first and most popular digital currency in the world).

Bitcoin payment option is still new, and not every online casino accepts it, but more and more sites are joining the list that allows deposit via Bitcoin.

So why use Bitcoin in the first place when it comes to online casinos? Let’s talk about some of the advantages and disadvantages:

Anonymity, anonymity and once again anonymity

For those who want as much privacy as possible, Bitcoin is the most anonymous and secured option available in the world.

Users don’t need to add any personal information (no bank account, debit card, name or ID).

So, you can be confident that your details are confidential and there is no risk of leaking certain details that belong to you.

No fees

Deposit and withdraw money from Bitcoin, is free of fees, unlike when using E-wallets or debit cards which can cost you 1-3% charging fees. 

Another big plus using Bitcoin when it comes to an online casino is that all the transactions players will make – will go instantly.

So users won’t need to wait a few days to get their deposits/withdrawals processed.

Okay, with so many benefits, what could be a disadvantage?

First – there are still relatively few online casinos that receive Bitcoin, so the options are quite limited.

Second is the need to open a digital wallet to store the Bitcoins before you can deposit Bitcoin to the online casino of your choice.

The last thing to note is – Bitcoin valuation:

Bitcoin’s value is very volatile and unstable like regular currencies, which can lead to sharp movements (devaluation and vice versa).

It’s time to play!

So, after understanding the basics of depositing and withdrawing money on online casinos, and learning about different types of payment options, it’s time to choose the payment option that suits you, and start playing the best online casinos available in the UK.

Frequently Asked Questions About Casino Payment Options

In general – it depends. Most online casinos limit the minimum deposit or withdrawal amount to £5.

In some cases, the amount will top up to £10. In exceptional cases, online casino sites will request from some deposit or withdrawal methods a minimum which starts at £15 up to £50, depends on the payment method.

Some of the fastest deposit methods are debit cards, bank cards, prepaid cards and e-wallets – these payment methods made instantly.

The slowest payment methods are wire transfer as the process take between one to five days.

In some cases, yes, but this is not quite common. Certain online casinos will exclude Skrill or Neteller deposits to be qualified to claim a welcome bonus.

As we mentioned above, in rare cases, these payment options may not be eligible for a welcome bonus, although free spins bonus or loyalty programs will apply to them too.

To avoid confusion, we always specify the terms and conditions of each casino bonus, to make it easy for you and quickly check each offer details.

Yes, in most cases, online casinos players are not forced to use the same payment method they have deposited.

However, some payment options like Prepaid cards or pay by phone bill – won’t be available for withdrawals. In that case, your online casino will require you to withdraw money in another way – usually through wire transfer or using an e-wallet.

In general, online casinos accepting more deposit methods, while withdrawal options are a bit more limited.

It depends, most online casinos won’t charge any fees; however, some payment methods like Bank transfer or Prepaid card will charge you a fee between £1-£5 on every transaction.

Important note: some online casinos offer its players several withdrawals per month with no fees.

Therefore, it is always important to check the terms and conditions of every online casino you are signing up with, to avoid unpleasant surprises.

Contributors

Tal Cohen
Tal Cohen

Tal has worked in the online gambling industry for over 4 years. Along with his passion for gambling, Tal has also gained considerable experience in analysing and reviewing many casino sites.

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