Coral Deposit Guide and Payment Methods

Read our deposit guide for Lottoland to find out about the payment methods, minimum deposit, how to deposit and welcome offer eligibility.

We signed up, made an account, and deposited on Coral to test which payment methods work and how fast they are. Find our results below!

coral deposit guide
Written by Isak Möller
Verified by BettingLounge team
Last updated 20/11/2024

Coral Deposit Methods and Terms

Coral offers a good range of different deposit methods. The minimum amount is £5 for all options except PayPal, which starts at £10.

If you want to deposit less using PayPal, check our list of the best PayPal betting sites with several bookies offering £5 deposits and withdrawals.

The maximum deposit limit is set at £2,000 for all payment methods, which is lower than most other bookmakers. But, it should be more than enough for most punters.

If you want high deposit limits, Bet365 could be a great option with limits up to £100,000 per deposit!

In our table below, you can easily compare specific terms for each method after we actually tested the deposit and withdrawal process on Coral.

We have found the stated amounts are not always accurate, especially if you are looking at the FAQs. So, we join each bookmaker and test the deposits to ensure our information is accurate.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Visa logo
Visa
£5 £2,000 No Fees Instant
Mastercard
Mastercard
£5 £2,000 No Fees Instant
Paysafecard
Paysafecard
£5 £2,000 No Fees Instant
Paypal
Paypal
£10 £2,000 No fee Instant
Apple Pay logo
Apple Pay
£5 £2,000 No Fees Instant
Google Pay
Google Pay
£5 £2,000 No Fees Instant
Instant Bank Transfer
Instant Bank Transfer
£5 £2,000 No Fees Instant

Coral Welcome Offers

If you are not yet a customer at Coral UK, use our exclusive links to find great value sign-up offers.

To qualify for the welcome offers, you must deposit with a Visa or Mastercard debit card, Apple Pay, or Google Pay. All other deposit options are ineligible.

The deposit £10 get £50 casino bonus has fairly high wagering at 40x, but it is one of the best value casino offers we have seen in the UK.

OperatorWelcome OfferBonus CodeClaim Offer
coral logo
Coral Betting offer
Welcome Offer
Bet £10 Get £40 in Free Bets
No code required
Claim Offer
18+ New UK+ROI Customers only. Min deposit & bet £10 at min odds 1/2 to qualify for 4 x £10 free bets. Certain deposit methods and bet types excl. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
coral logo
Coral Casino offer
Welcome Offer
Play £10 Get £50 Casino Bonus
No code required
Claim Offer
18+. New customers only. Min spend £10 on qualifying games. Certain deposit types excluded. £50 Bonus on selected games subject to 40x wager req. Must accept within 14 days, valid for 30 days. Player restrictions and T&Cs apply.

How to Deposit at Coral

If you haven't deposited funds into a Coral account before, read our step-by-step guide below for some assistance. We deposited through the Coral app in the interest of clarity.

  • 1

    Enter the ‘Deposit’ Cashier

    After opening the app and signing into your Coral account, to deposit, you need to head to the ‘Profile’ section, which can be found by tapping on the icon in the top right-hand corner of your screen. You will be given two standout options, to ‘Deposit’ or to ‘Withdraw’, in this case, we want to click ‘Deposit’.

    Coral Deposit/withdrawal 1
  • 2

    Choose Your Preferred Deposit Method

    Next, you will be given a range of different methods that can be used to deposit funds. In our test, we chose to use a Visa debit card. In the future, you will be shown your ‘Preferred methods’, so you do not have to repeat the next step when depositing in the future.

    Remember, to claim the welcome bonus, deposit with a debit card, Apple Pay, or Google Pay.

    Coral deposit 2
  • 3

    Provide the Payment Method Details

    When using a new method or depositing for the first time, you will have to enter your details, but this is a very easy process.

    Coral deposit 3
  • 4

    Enter the Amount to Deposit

    After entering your details, you will be taken to the ‘Deposit’ screen. There will be pre-available options/recommendations for your amount, but we chose to deposit the minimum amount of £5.

    Coral deposit 3
  • 5

    Tap on the Green ‘Deposit’ button

    Once you have entered your deposit amount, tap on the green ‘Deposit’ button, and you will be taken to a confirmation page. Deposits at Coral are instant, regardless of the payment method used.

    coral deposit 5

Coral Minimum Deposit

Coral offers a minimum deposit of just £5 with most payment methods, including debit cards, Paysafecard, Apple Pay, Google Pay and Instant Bank Transfer.

However, Coral has higher minimum deposit limits for PayPal users, set at £10.

Coral Deposits Using Debit Cards

Coral offers low deposits for Visa and Mastercard debit cards, starting from £5 and going up to £2,000. There are no fees, and the deposits are instant.

But it's a shame that the maximum deposit for debit cards is much lower than average.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Visa logo
Visa
£5 £2,000 No Fees Instant
Mastercard
Mastercard
£5 £2,000 No Fees Instant

Coral Deposits Using Paysafecard

Paysafecard, a pre-paid card, is known for having low minimum deposit amounts at betting sites, and this is also the case at Coral, set at £5. No fees are attached, and deposits are instant.

However, remember that you cannot withdraw with Paysafecard if you choose to use it. Also, if this is your first deposit, Paysafecard deposits are not eligible for the welcome bonus.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Paysafecard
Paysafecard
£5 £2,000 No Fees Instant

Coral Deposits Using Apple Pay

Coral offers mobile payment solutions with Apple Pay and Google Pay for deposits and withdrawals.

It is arguably the most convenient payment method for Apple users, with deposits starting at £5 and going up to £2,000. There are no fees attached, and deposits are instant.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Apple Pay logo
Apple Pay
£5 £2,000 No Fees Instant

Coral Deposits Using Google Pay

Betting with Google Pay on Coral will be one of the best options for Android users. Deposits start at £5 and go up to £2,000.

Only a handful of bookmakers currently accept Google Pay, so it's great to see Coral as one of the options.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Google Pay
Google Pay
£5 £2,000 No Fees Instant

Coral Deposits Using PayPal

Betting with PayPal on Coral is a great option unless you want to deposit £5. The minimum deposit amount is £10 and cannot be used for the welcome offer.

The maximum deposit amount is also lower than most options at £2,000, but this should be enough for most punters.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Paypal
Paypal
£10 £2,000 No fee Instant

Coral Deposits with Instant Bank Transfer

Instant Bank Transfers are the fastest method for deposits and withdrawals on Coral. Deposits are instant, and withdrawals arrive in minutes.

The minimum deposit for Instant Bank Transfers starts at £5 and goes up to £2,000.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Instant Bank Transfer
Instant Bank Transfer
£5 £2,000 No Fees Instant

Coral Deposits with Pay by Phone Bill

The accepted payment methods at Coral are Mastercard, Visa, Apple Pay, Google Pay, Paysafecard and Instant Bank Transfer. In other words, it is not possible to deposit funds via Pay by Phone Bill. This method has been heavily phased out by most betting sites as almost all punters prefer to use more modern solutions.

Why is Coral Not Letting Me Deposit?

If you are having trouble depositing money on Coral, there could be several reasons. Below are some issues we have noticed and solutions to help you resthem.

Account Not Verified

  • Issue: If you do not have a verified Coral account, you cannot make a deposit.
  • SolutiUploadload the necessary Know Your Customer (KYC) documents. They are typically reviewed within 48 hours, and if successful, you can make a deposit after that.

Incorrect Card/Bank Details

  • Issue: If your payment method was declined, your details could be inaccurate. Your bank could also be blocking the transaction if the details are correct.
  • Solution: Double-check that your card/bank details are correct. If so, we recommend contacting Coral's live chat or your bank's support.

Insufficient Funds or Deposit Limits

  • Issue: You might not have enough funds in your account or have exceeded your deposit limits on Coral.
  • Solution: Check to ensure you have sufficient funds in your account and that you have not exceeded the deposit limits you set in your account.

Reality Check or Deposit Curfew

  • Issue: You have gone over your Reality Check time. You are currently in your Deposit Curfew.
  • SolutiEnsuresure you are not in your Deposit Curfew hours or days and have not exceeded your Reality Check hours. If so, you should get a message when attempting to log in to your Coral account. If this is the case, you must wait for the amount of time in the message.

Coral Deposit FAQs

The minimum deposit amount at Coral is £5, with most payments including debit cards, Apple Pay, Google Pay, Instant Bank Transfer and Paysafecard. PayPal deposits on Coral start from £10.

From our experience, verifying an account at Coral is a rapid process and most customers will have their account automatically verified like ours was.

However, in some cases, you might need to upload additional documents, and then Coral says they aim to review all documents within 48 hours.

A deposit limit on Coral is a responsible gambling feature that allows users to set the maximum amount of money they can deposit into their account for a specified period.

You can choose several deposit limit options, including:

  • 24 Hour Deposit Limit: A maximum amount you can deposit in a single day.
  • 7 Day Deposit Limit: The total amount you can deposit in 7 days.
  • 30 Day Deposit Limit: The total amount you can deposit in 30 days.

You can set or adjust your deposit limits through their account settings on the Coral website or app. Once set, these limits can be adjusted if needed.

You can revise your deposit limits downward at any time, but increasing them will only be implemented after 24 hours.

Isak Möller
Isak Möller
Last updated: 20/11/2024

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.