What Banks Allow Sports Betting in 2026? Complete Banking Guide

Last Updated on 08/19/2026
Fact checked by: Meghan

Which banks allow sports betting? That’s something we’re asked all the time, as a growing number of US states make moves towards legalizing online sports betting, opening legal gambling up to the masses for the first time.

However, there’s no easy way to answer that question. You see, US banks are hand-tied by a heap of legislation, so many remain wary about facilitating online gambling transactions. With that in mind, we’ll do our best to help you find the right solution, while also introducing you to EDGE Boost, a dedicated debit card for online betting.

Top Banks Supporting Sports Betting Transactions

Visa
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BetMGM
1.
4.6/5
Visa
Additional Payment Methods
PayPal
Bank Transfer
VIP Preferred
PayNearMe
+9
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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T&Cs and 21+ apply
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
DraftKings
2.
4.3/5
Visa
Additional Payment Methods
PayPal
VIP Preferred
Play+
Discover
+7
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T&Cs and 21+ apply
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days after issuance. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. 7 days = 168hrs. Terms: sportsbook.draftkings.com/promos. Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
FanDuel
3.
4.2/5
Visa
Additional Payment Methods
PayPal
Bank Transfer
Cheque
Prepaid Card
+6
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
FanDuel ReviewBet now
T&Cs and 21+ apply
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
Fanatics
4.
3.8/5
Visa
Additional Payment Methods
Venmo
PayPal
Apple Pay
Bank Transfer
+3
10 x $100 bet match in FanCash
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T&Cs and 21+ apply
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER OR CALL 1-800-MY-RESET, www.mdgamblinghelp.org (MD), (800)-327-5050 or gamblinghelplinema.org (MA), Call (877)8-HOPENY or text HOPENY (467369) (NY), (888) 789-7777 or ccpg.org (CT), morethanagame.nc.gov (NC), 1800gambler.net (WV)
Betr
5.
Visa
Additional Payment Methods
ACH
PayPal
Mastercard
Caesars Sport
6.
Visa
Additional Payment Methods
PayPal
Bank Transfer
E-Check
VIP Preferred
+6
Bet $1 and get double the winnings up to $25 for your next 10 bets
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)

Which banks allow sports betting in the USA?

It’s absolutely essential that you spend some time comparing the best sports betting payment methods if you’ve recently signed up with a new legal sportsbook in your state. Why? Because some banks may block or restrict online gambling transactions, meaning you could face issues when depositing and withdrawing funds to and from your account.

Remember that legal online sports betting is only available in selected US states, so it’s perhaps understandable that some banks would choose to restrict gambling-related transactions. Happily, the list of banks that allow online gambling far outweighs those that don’t, so there’s only a small probability of coming unstuck by bank-enforced restrictions.

Here’s a quick-reference guide to illustrate the banks that allow online gambling, along with those that may restrict or block gambling-related transactions.

And a quick disclaimer: while this list was checked and correct at the time of writing, the fluid nature of state-by-state gambling laws may mean that some of this information is now out of date. As such, this guide should be used for illustrative purposes only.

US banks that allow sports betting US banks that may restrict sports betting
Bank of America
Chase (JPMorgan Chase)
Citigroup (Citi)
Goldman Sachs
PNC Bank
Capital One 360
HSBC
Santander
TD Bank
Wells Fargo
Discover
American Express
Capital One
USAA
Huntington Bank
Fifth Third Bank
BB&T / Truist
Navy Federal Credit Union

Which factors can affect the availability of banks for online sports betting?

Looking at this list of banks that allow sports betting and thinking, “that wasn’t the case for me”? Well, multiple factors can affect the availability of certain banks for online sports betting, so it may be the case that some facilities aren’t available to you for whatever reason.

For example, the variation in available banking facilities to fund sports betting is influenced by…

Where You Live:

State laws are the big deciding factor on the banks you’ll be able to use for online sports betting. Some banks may block or restrict payments in certain states with specific gambling legislation.

💳 Bank-by-Bank Risk

Some banks take a different approach to gambling payments than others, assessing transactions by their potential risk. It may be that some banks flag transactions as fraudulent or suspicious automatically, based on their current risk profile.

⚖️ The Continued Fallout of UIGEA

The aftereffects of the 2006 Unlawful Internet Gambling Enforcement Act continue to haunt some banks, which may be wary of falling foul of government penalties and legal scrutiny. Even in states where online sports betting has been legalized, some banks remain very cautious about allowing gambling-related payments through fear that this could have legislative repercussions.

Given that many banks continue to restrict or block online gambling transactions, we’re seeing a huge rise in the number of people seeking help with queries like, can you use a credit card at a casino? We have several guides covering such topics in detail, so be sure to check those out.

Introducing EDGE Boost: The best solution for sports betting transactions?

If you’re struggling to find a bank that allows sports betting, why not make the switch to EDGE Boost? Regarded as one of the best debit cards for gambling, this tailor-made payment facility has been developed from the ground up with online gambling in mind, and offers a fast and efficient way to manage your sportsbook deposits and withdrawals.

Here are some of the benefits of using EDGE Boost that you need to know:

  • Widespread acceptance wherever VISA is permitted
  • High maximum deposit limits, perfect for high-stakes bettors
  • A physical buffer between your sportsbook and bank account, for optimal privacy
  • Integrated cashback system – claim a percentage of your total betting expenditure back
  • No per-transaction fees and instant deposits

That’s a brief introduction to EDGE Boost, so be sure to visit the facility’s official site to learn more. Alternatively, if you’d like to learn how to use a debit or credit card for online gambling, follow the link for our comprehensive guide.

Finding banks that allow sports betting can be tricky

While there’s certainly been a relaxation in laws and attitudes towards online sports betting in many parts of the US, finding banks that can facilitate online gambling payments can be tricky. Some banks don’t support gambling payments altogether, while others impose heavy restrictions and fees, so you’ll need to do plenty of homework to find the right solution that aligns with your sports betting strategy.

One solution, of course, is to turn to a dedicated gambling debit card like EDGE Boost. This unique debit card facility has been devised with online sports betting and casino play in mind, so using it removes some of the hassle and guesswork out of the process.

Be sure to check out EDGE Boost if you’re looking for a new and smarter way to manage your online sports betting bankroll.

Discover the sportsbook bonuses we recommend

BetMGM
1.
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Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
USA
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Min. Deposit: $5
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Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
DraftKings
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USA
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GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days after issuance. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. 7 days = 168hrs. Terms: sportsbook.draftkings.com/promos. Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
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Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
Fanatics
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Betr
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What banks allow sports betting? FAQs

🏦 Why do some banks block sports betting payments?

There are several potential reasons for this, including a bank’s approach to what it perceives as “risky” transactions. By far the main issue, however, is state-specific laws and regulations, which can make it tricky for banks to offer a streamlined payment service for gambling transactions.

🔒 Which banks block sports betting payments?

According to reports, the likes of Discover, American Express, Capital One, and USAA may block sports betting payments in some cases. However, this isn’t true in all cases, so do some research and read the small print carefully.

🌍 Why can some customers use certain banks for online gambling and others can’t?

Generally, when one customer can use a bank for online sports betting and another can’t, this is based on their location. State-specific laws and restrictions may mean that a bank has altered its policy in one jurisdiction and not another.

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