Betfred Withdrawal Times (2024)
Learn everything you need to know about withdrawals at Betfred: withdrawal time for each method, minimum withdrawal and more.
Betfred's Fastest Withdrawal Method is Visa Direct (Within 3 hours)
UKGC Licensed
How Long Does a Betfred Withdrawal Take? Our Test Result
Of course, we made sure to test Betfred's withdrawal process ourselves and the outcome was positive, given that we received the money in our bank account after around 90 minutes. We withdrew via a Visa debit card - using the Visa Direct feature - and the bookmaker thus stuck to its word, claiming that withdrawals with this method usually arrive within 3 hours.
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: The Process
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 Profile Section
On the home page, tap on the ‘My Account’ tab in the middle of the bottom menu. Then, select the ‘Withdraw’ option in the menu pictured below.
Pick Your Preferred Payment Method
Just like with deposits, you will need to pick a payment method for the transaction. Remember that you must at least withdraw the value of the deposit to the same payment method. If you deposited £5, you will need to withdraw £5 to the same method before you can switch.
Enter the Withdrawal Details
After picking the payment method, you will need to enter the amount you would like to withdraw as well as the details of the method, unless they have been saved already.
Tap on the green ‘Withdraw’ button
After ensuring the details are correct, click the green ‘Withdraw’, and you will be taken to a withdrawal confirmation page. In our test, withdrawing via Visa Direct, it took around 90 minutes for the betting funds to arrive in the bank account.
Betfred Withdrawal Status
Once you have requested a withdrawal, as per our step-by-step guide above, you will be able to find the request in the 'Transaction History' section of Betfred. Here, you can view your most recent withdrawals as well as deposits. If you tap on 'Transaction Details', it will show the Transaction ID.
This is as much as you can see with regard to the status of the withdrawal, though, so you will have to wait if the money has not arrived yet. If it does not arrive within the timeframes listed for each method above, we recommend contacting customer support at Betfred to get more information on the withdrawal status.
Betfred Withdrawal Time: Debit Card
Debit cards are commonly used among UK punters when betting online. In fact, it is the most popular method and it is only natural that many have questions about the withdrawal time. In our test of Betfred, as we highlighted above, we used a Visa debit card and thanks to the Visa Direct feature, we got the money after just 90 minutes.
From experience, however, even withdrawals without the Visa Direct feature tend to be quite fast. Betting sites, including Betfred, have certainly got a lot better on this front and this is very beneficial for punters given that a debit card is by far the most convenient method.
Betfred Withdrawal Time: PayPal
PayPal remains a very popular e-wallet among punters, despite being ineligible for many welcome offers, and Betfred is one of the bookies that accept the method. Withdrawals via PayPal can take up to 48 hours at Betfred, which is a bit longer than competitors, but punters will usually have the money within just a few hours. As such, it is fast to withdraw with PayPal at Betfred.
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.