Betfred's Fastest Withdrawal Method is Visa Direct (Within 3 hours)
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Betfred Withdrawal Time for Each Payment Method
Betfred is one of the most popular bookmakers in the UK and has attracted a large audience of especially football punters, having sponsored several clubs over the years. While there is little doubt about the quality of the sportsbook and casino, which we covered in our review, punters might have questions about the withdrawal times at Betfred.
Below, therefore, we have collected everything you need to know about withdrawing funds from the site. In addition to the minimum withdrawal amounts, we have listed the withdrawal time for each payment method at Betfred.
| Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
|---|---|---|---|---|
Visa
| £5 | £9,999 | No fee | 3-5 business days (Within 3 hours with Visa Direct) |
Mastercard
| £5 | £9,999 | No fee | 3-5 business days |
Paypal
| £5 | £5,000 | No fee | Within 48 hours |
Skrill
| £5 | £6,500 | No fee | Within 48 hours |
Neteller
| £5 | £4,000 | No fee | Within 48 hours |
Bank Transfer
| £25 | £25,000 | No fee | 2 business days |
What Is the Fastest Way to Withdraw Money From Betfred?
The fastest way to withdraw funds from Betfred is Visa Direct, which will have the money in your bank account within 3 hours. However, due to the way this method works, most punters do not have access to this feature. Before you sign up at Betfred just for fast withdrawals, therefore, it is worth checking if your bank supports Visa Direct.
The second-best option would be one of the e-wallets, such as the widely used PayPal, as the withdrawal will be completed within 48 hours. Usually, however, it is much faster than this. Another good thing is that all three of the e-wallets at Betfred have a minimum withdrawal amount of £5, which is lower than on most betting sites in the UK.
The slowest option, meanwhile, is bank transfer as you perhaps would have guessed already. It will take two full days to get your money with this method, which technically means that it could beat the debit cards (1-3 days). However, the latter are usually much faster and that is why bank transfers almost always will be the slowest.
How to Withdraw Funds From Betfred
If you are keen on learning more about withdrawals at Betfred, you can follow our step-by-step guide on how to withdraw funds from the site below. It is actually a very straightforward process, but it does not hurt to go over it one time.
Head Over to the Betfred Cashier
In order to reach the cashier, you need to tap on the account icon in the top right corner, and then on 'Withdraw'. This will bring you to the cashier for withdrawals. Of course, make sure you are logged in before commencing this.
Pick Your Payment Method and Enter the Details
Once in the withdrawal cashier, you will need to pick your preferred payment method and enter the relevant payment details. If you have withdrawn to this method before, then the details should already be saved.
Enter the Amount and Tap on ‘OK'
The minimum withdrawal as well as maximum amount for your chosen method will be listed so make sure to stay within that range. Once you have entered the amount, you only need to tap on 'OK' and the request will be sent.
Receive the Money
Depending on your payment method, you could receive your winnings within just three hours. If you do not have Visa Direct, though, you will have to opt for one of the e-wallets and these could take slightly longer.
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Betfred Withdrawal Time FAQs
Which withdrawal methods do Betfred offer?
What is the fastest withdrawal method at Betfred?
What is the mininmum and maximum withdrawal at Betfred?
Other Bookmaker Withdrawal Times
Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry. At BettingLounge, Isak makes sure that all of the content is up to date, specialising in reviews of UK betting sites.