Coral Withdrawal Times (2024)

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

Coral withdrawal time
Written by Isak Möller
Verified by BettingLounge team
Last updated 08/10/2024

Coral's Fastest Withdrawal Method is Instant Banking (Within Minutes)

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How Long Does a Coral Withdrawal Take? Our Test Result

We decided to put Coral's withdrawal process to the test by withdrawing the minimum amount of £5 with a Visa debit card. We were told on the confirmation page that it would arrive within four hours, but we had the money in our bank account in less than an hour. In other words, punters who sign up will not have to worry about withdrawals being slow.

Coral Withdrawal Time for Each Payment Method

Coral is one of the major betting sites in the UK and several punters have signed on the site over the years, with a very comprehensive sportsbook offered. Naturally, Coral got a very good rating in our review and that partly has to do with the withdrawal times. Indeed, those who enjoy betting with fast withdrawals have come to the right place.

Below, we have collected the key information about withdrawals at Coral, such as the payment methods available and the withdrawal time for each. While some popular methods are missing, there is no need to be disappointed.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Visa logo
Visa
£5 Not specified No Fees 60 minutes in our test
Mastercard
Mastercard
£5 Not specified No Fees 1-3 business days
Paypal
Paypal
£10 Not specified No fee Within 24 hours
Apple Pay logo
Apple Pay
£5 Not specified No Fees 1-3 business days
Bank transfer
Bank Transfer
£5 Not specified No Fees 2-4 business days
Instant Bank Transfer
Instant Bank Transfer
£5 Not specified No Fees Within minutes

What Is the Fastest Way to Withdraw Money From Coral?

The fastest way to get your winnings from Coral is by Instant Bank Transfer, which we have raved about in the past. This brilliant piece of technology means you will have your winnings, straight in your bank account mind you, within just a few minutes. It does not get much better than that, in other words, and the minimum withdrawal amount is also set at £5.

Almost all of the banks in the UK now support this feature and it is bound to get very popular moving forward. Some punters might not like the absence of an e-wallet such as Skrill or PayPal, but VIsa Direct is another option for fast withdrawals (within 4 hours). The feeling is that since introducing Instant Bank Transfer, Coral has decided to focus on this method fully.

The third-best option, though not a terrible one, is withdrawing with Apple Pay. It will take just as long as a standard debit card withdrawal, but the process is a bit more convenient.

How to Withdraw Funds From Coral

If you are unfamiliar with the process of withdrawing funds from Coral, you can follow our step-by-step guide on how to do so below:

  • 1

    Enter the ‘Withdraw’ Cashier

    When you would like to withdraw funds, you will need to head to the ‘Profile’ section, which can be found by clicking 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 ‘Withdraw’.

    Coral Deposit/withdrawal 1
  • 2

    Choose Your Withdrawal Method

    Similarly to the ‘Deposit’ process, you will be offered several methods to withdraw your funds. Having said that, you can also use the ‘Preferred Method’ option which is much faster if you want to use an already saved method. In our test, we withdrew with a Visa debit card.

    Coral withdrawal 2
  • 3

    Enter the Amount to Withdraw

    Next, you will need to enter the amount you would like to withdraw. The minimum amount is £5 for all payment methods and we opted for this amount in our test.

    Coral withdraw 3
  • 4

    Tap On the Green ‘Withdraw’ Button

    After entering the withdrawal amount, tap on the green ‘Withdraw’ button, and you will be taken to a confirmation page. There is a suggestion about how long the process will take, and whilst it says four hours, we received the payment in less than an hour in our test!

    Coral withdraw 4

Coral Withdrawal to Mastercard

Mastercard is one of the most popular payment methods among Coral customers, fueled by the fact that you need a debit card to claim the welcome offer. The minimum withdrawal is set at £5, just like Visa, but Mastercard withdrawals are generally slower than its rival. That is because Coral supports the Visa Direct feature.

Therefore, those who withdraw funds with Mastercard from Coral can expect the money to arrive within three days. It can take longer than that too if your bank isn't playing ball but from experience, withdrawals are relatively quick after all even with a Mastercard.

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Mastercard
Mastercard
£5 Not specified No Fees 1-3 business days

Coral Withdrawal to Apple Pay

Apple Pay is one of the options for Coral punters who would like to withdraw funds, provided that this method also has been used to deposit funds. The minimum withdrawal amount is still set at the low £5 and the withdrawal time depends on the debit card provider, with Visa usually faster than Mastercard (it took less than an hour in our test).

Payment Method Min. Limit Max. Limit Transaction Fee Processing Time
Apple Pay logo
Apple Pay
£5 Not specified No Fees 1-3 business days

Coral Withdrawal In-Shop

In 2023, Coral decided to change how the Coral Connect card works and as such, it is no longer possible to withdraw online funds in one of the betting shops. The card's main purpose is now making use of the online promotions in-shop, so it effectively acts as a membership for those who like to place bets in person.

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Coral Withdrawal Time FAQs

This depends entirely on the payment method, but the fastest way to withdraw your funds from Coral is Instant Bank Transfer, which will have the money in your bank account within a few minutes. Visa Direct is another fast option (within 40 minutes), while Apple Pay and Debit Card will take 1-3 business days.

Yes, Coral processes withdrawal requests during the weekends as well, but depending on the payment method you might not get the money until after the weekend.

If you are unable to make a withdrawal from Coral, you might need to verify your account. You will be contacted by Coral if that is the case. It could also be that you are trying to withdraw to a different payment method, compared to the one you deposited with. As per money laundering regulations, you need to at least withdraw the deposit amount to the same payment method before you can switch methods. Furthermore, make sure to check the minimum and maximum withdrawal amounts.

Withdrawing winnings from Coral is a very easy and straightforward process. Simply head over to the site's cashier and tap on 'Withdraw'. Choose your preferred payment method and enter the details (if needed), as well as the amount you would like to withdraw. Tap on 'Withdraw' to complete the request and wait for your money.

Isak Möller
Isak Möller
Last updated: 08/10/2024

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 and what makes a good bookie. At BettingLounge, he makes sure that the content is up-to-date and presented in the best way possible.