Betfred Withdrawal Times (2024)

Learn everything you need to know about withdrawals at Betfred: withdrawal time for each method, minimum withdrawal and more.

Betfred withdrawal time
Written by Isak Möller
Verified by BettingLounge team
Last updated 22/05/2024

Betfred's Fastest Withdrawal Method is Visa Direct (Within 3 hours)

United Kingdom UKGC Licensed
Tested & Approved by BettingLounge
Affiliate Disclosure
Betfred
Bet £10 Get £50 in Free Bets
  • Visa
  • Mastercard
  • Paypal
  • +
  • BettingLounge Exclusive Bonus
  • High Odds
  • Trusted Brand
Visit
SUMMER50
New customers only. Register with SUMMER50 between 31/05/24 – 14/07/24. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

Betfred's Withdrawal Time: Our Test

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 through Visa Direct 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
Visa
£5 £9,999 No fee 3-5 business days (Within 3 hours with Visa Direct)
Mastercard
Mastercard
£5 £9,999 No fee 3-5 business days
Paypal
Paypal
£5 £5,000 No fee Within 48 hours
Skrill
Skrill
£5 £6,500 No fee Within 48 hours
Neteller
Neteller
£5 £4,000 No fee Within 48 hours
Bank Transfer
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.

  • 1

    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.

    Betfred deposit 1
  • 2

    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.

    Betfred Withdrawal 2
  • 3

    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.

    Betfred Withdrawal 3
  • 4

    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 4

Other Fast Withdrawal Betting Sites

William Hill Logo

A few minutes with Instant Banking

Visit Site
Ladbrokes logo

A few minutes with Instant Banking

Visit Site
coral logo

A few minutes with Instant Banking

Visit Site
Kwiff logo

A few minutes with Instant Banking

Visit Site

A few minutes with Instant Banking

Visit Site

Betfred Withdrawal Time FAQs

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.