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FanDuel Payment Methods & Withdrawal Times

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Author:
Collin
Last Updated:
19/01/2023
Topic:
FanDuel General
Experiences:
Sports betting enthusiast

FanDuel Withdrawal Times

fanduel vip programFanDuel has become one of the most popular online sports betting, casino and daily fantasy sports sites in the US today for a number of reasons. One of these reasons is because they have so many withdrawal options.

Players looking to make a withdrawal from their FanDuel betting accounts can do so by selecting a number of reputable methods on the platform. Our guide is here to show you what the methods are, how long they take to clear and how the whole process functions. Read the rest of our guide to FanDuel withdrawal options to learn more.

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The FanDuel withdrawal methods

FanDuel is a high-quality online sports betting site and home to some fantastic sportsbook promotions, but these kinds of betting sites are only as good as the deposit and withdrawal options that they make available for their players. That is why it's important that there are enough FanDuel withdrawal options to meet the needs of every kind of bettor on the site. For this review, we took the time to go through the payments page on the site to see exactly what kind of FanDuel withdrawal options are currently available for players to use. Here is what we found:

Credit/debit cards

One of the FanDuel withdrawal options is a credit/debit card withdrawal. FanDuel includes all of the major banks in the US, namely:

  • Bank of America
  • Union Bank
  • Wells Fargo
  • Huntington Bank
  • Capital One
  • TD Bank

The 2 debit/credit options include Visa and MasterCard for now. The FanDuel withdrawal options may include some other reputable names, but for now these are the only 2 options. In order to make a withdrawal using a debit/credit card, you will have to have made at least one deposit with that card to date. From there, your FanDuel withdrawal time for debit or credit cards will usually be about 2 business days. FanDuel will need 25 hours to process the withdrawal request as well. Your FanDuel withdrawal limit when using a debit card is currently capped at $10,000 per transaction.

PayPal

One of the most popular methods around at the moment is undoubtedly PayPal. PayPal is a fantastic withdrawal method to have handy for sports betting sites but it's not always an option on many of these platforms. Thankfully, players can use this method for their withdrawals at FanDuel. PayPal withdrawals typically take up to 48 hours to be processed and cleared. FanDuel does note that it can take an additional 24 hours for your withdrawal transaction to clear, depending on the volume of traffic on the site.

Venmo

We don't really need to go into too much detail about Venmo here, as it operates almost identically to PayPal withdrawals on the site.

Online wire transfer

Wire transfers are one of the most effective ways to get your money out of your FanDuel account if you need it to reflect in your bank account quickly. If you submit your withdrawal request for wire transfer before 1:30 pm PST, it will reflect in your account by the end of the business day. Unfortunately, that kind of speed does come at a cost, as you will need to pay a $15 processing fee if you opt for a wire transfer withdrawal.

ACH (e-check)

This is not the most common way to withdraw your money, but there are plenty of bettors that prefer this method as it is very secure. For the most part, your ACH withdrawal time can take anywhere between 3-5 business days to reflect in your account.

Prepaid cards

Prepaid cards have become more and more popular for online sports betting as they are quick and easy to use. If you decide to make your withdrawals using this option you can expect to wait anywhere between 24 – 30 hours. From there, you can withdraw your winnings at any ATM with the card.

Making a withdrawal from your FanDuel account - step by step

Now you can see just how many FanDuel withdrawal options you actually have available to you. With that many options, you should almost certainly find one that you prefer. So, now that we have that down, we’ll take you through the process of actually completing a withdrawal on the site as well.

First things first, log in to your FanDuel sports betting account. From there, you need to navigate to the “withdraw” button in the “my account” section on the site. You will then be taken to the withdrawal page and everything from here is super easy. Once you are on the withdrawal page, you will see the section where you can enter the actual amount that you would like to withdraw from your sports betting account. Enter the amount and then choose the withdrawal option you would like to use from the list e.g. PayPal, Venmo, Mastercard, Visa etc.

From there, FanDuel will then process your request and send you a notification that your transaction is in the process of being sent to your preferred account. As we mentioned earlier, this processing time will vary depending on the method that you have chosen, but FanDuel is always very efficient in this regard. They almost never go over the expected waiting time, as you can find in the number of positive user reviews in this regard.

Frequently asked questions about FanDuel withdrawals

There are many sports betting fans that have begun to use FanDuel and have questions about how the withdrawals on the site work. That is why we felt it was a good idea to compile some of the most frequently asked questions in our guide. Here are what your fellow FanDuel users have been asking:

Do I have to use the same method to withdraw that I did for my last deposit?

Yes, when it becomes time for you to make a withdrawal, you will need to use the method that you used to make your most recent deposit. This seems strange but it is in the interest of all parties concerned as it is safer and it makes the processing times for your requests much quicker.

Are there any transaction fees for withdrawals on the site?

For the most part, all of your withdrawals will be free on the site. However, if you do decide to make a withdrawal using a wire transfer, you will have to pay $15 for the process. This seems to be the only option with any fees attached to it.

Can I cancel a withdrawal request?

Yes, you can cancel a withdrawal request, but it needs to be within the processing time window. Each method has its own processing time and as long as you do it within this window, you can successfully cancel a withdrawal request.

What is the average processing time for withdrawals on the site?

It's difficult to give you an average processing time, as each withdrawal method has its own timings. With that said, it would appear that a FanDuel withdrawal to bank accounts takes somewhere between 24 – 48 hours to clear in your account.

Are FanDuel withdrawals secured with security software?

Yes, FanDuel uses strong encryption software to keep all of your withdrawal transactions safe. You don't need to worry about the safety of your funds on the site.

Conclusion to our FanDuel withdrawal options guide

As you can see, FanDuel makes a number of withdrawal options available to their players. Their processing times are speedy and the transactions themselves are more than safe with the software that the operator has in place to protect your funds. You should have no problem finding a method on the site that you prefer. To find out more about FanDuel,for instance, the latest FanDuel promo code, check out our full review of the operator.

FanDuel withdrawal options FAQ

❓What withdrawal methods can I use at FanDuel?

It's important for any online sports betting fan to know that they have enough withdrawal methods to choose from on these sites. Our guide to the FanDuel withdrawal options will take you through all of the available methods on the site right now, so that you know for sure if they have your preferred method available. The guide also contains an array of other key information, such as how to take advantage of the current FanDuel sportsbook promo code.

💳Are there any transaction fees I need to pay?

Online sports betting sites will vary in terms of the transaction fees that they might have in place for withdrawals. That's why we made sure to cover this in detail with our guide to FanDuel withdrawal options, so that you don't get tripped up by any fees you may not have known about at the start

🔐Is FanDuel safe to use?

It's all good and well having a decent number of withdrawal options to use, but you need to know that the site itself is actually safe to use first. That is why our guide sheds some light on the reputation of this site and the security methods they use to keep players safe while they bet.

Company
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Company FanDuel Ltd
Headquarter 1375 Broadway, New York, NY 10018, USA
Year of Founding 2009
CEO Matthew W. King
Website www.fanduel.com
Available Languages English
Customer Support Live Chat, Phone, Email Support
Email [email protected]
Phone 1-800-475-2250
Licence Virginia (US) Lottery Board
Virginia (US) Lottery Board
Verified by eCogra
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Live Streams No
Odd Level 90.25%
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Sports 18
Cash Out Not Available

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