💻 Operator | bet365 | William Hill | CopyBet | BetMGM | Coral | Ladbrokes | Unibet | Betway | BetVictor | Kwiff |
---|---|---|---|---|---|---|---|---|---|---|
💳 Accepts Visa | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
💰 Claim Welcome Offer with Visa | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
🔢 Minimum Visa Deposit/Withdrawal | £5/£5 | £5/£5 | £10/£10 | £10/£10 | £5/£5 | £5/£5 | £5/£5 | £5/£5 | £5/£5 | £10/£10 |
👉 Visit Site | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa | Bet with Visa |
Visa is a payment card company which, along with its competitor Mastercard, is widely used by people all over the world. While credit cards are also offered, the debit card is the most popular one and also the most relevant when it comes to online betting. As credit cards are banned for online gambling, the default payment method is a Visa or Mastercard debit card.
Visa is available as a payment method on every single betting site in the UK. In fact, new betting sites often have Visa, Mastercard and Bank Transfer as their only payment methods. Visa also has a stand-out feature, called Visa Direct, which enables fast withdrawals (usually within 12 hours). This feature is only supported by select banks in the UK, though.
Although Visa is one of the most common payment methods for betting online, there are indeed some pros and cons that UK punters should know about. Most of these are fairly obvious, such as the slow withdrawal time of Visa (usually), but we have collected three pros and cons respectively below:
Accepted Everywhere: As already touched on, punters can deposit and withdraw with Visa on every single betting site in the UK. The convenience of this speaks for itself and this is something that you will not find with e-wallets, the support of which can differ greatly between betting sites.
Claim Welcome Offers: Betting sites in the UK, even the best ones, tend to restrict their welcome offers to certain payment methods and this often makes it tough to claim them with e-wallets, for example. Visa is always an eligible option, though, so this is great news for those who want to use the debit card.
Low Minimum Amounts: Another good thing about using Visa is the low minimum amount for deposits and withdrawals. This is usually £5, which means it does not take much to start placing a few bets, just as you do not need to make £10+ winnings to withdraw.
Slow Withdrawals: This is one of the main reasons why many UK punters avoid depositing with a debit card, including Visa. The Visa Direct feature helps, allowing for fast withdrawals of betting funds, but this is not supported by all banks and thus some will still have to wait 1-5 business days.
Security: Although Visa is a safe method, considering just how many people use it every day, some punters might not feel comfortable with entering their card details on a betting site. That is why many tend to opt for e-wallets, which have portals of their own for logging in.
Credit Cards Banned: The Gambling Commission has banned the use of credit cards on gambling sites and this means that if you have a Visa-issued credit card, it will not be accepted. There is nothing Visa can do about this, of course, but it is still worth highlighting here.
Below, we have put together a guide for depositing and withdrawing with Visa on betting sites in the UK. The process is very simple, truth be told, but it could be worth jogging your memory;
Of course, since all betting sites in the UK accept Visa, you simply need to pick the bookmaker that you like the most. If you are indeed planning to use Visa as the payment method, then it could be worth checking out the best welcome offers on the market.
To make a deposit or a withdrawal, you need to head over to the betting site's cashier. You can usually access this by tapping on the account, balance or profile icon in the top-right corner of the screen. From there, you should see a menu option for 'Deposit' or 'Withdrawal', but it could also be named 'Banking'.
The next step is to enter your card details, at least if this is your first time depositing funds into the account. For the second time and onwards, these details should be saved. The same goes if you are looking to make a withdrawal, as betting sites tend to put the deposit method as the default for withdrawals as well.
The final step is to enter the amount that you would like to deposit or withdraw. As previously mentioned, betting sites tend to accept low amounts when depositing or withdrawing with Visa, such as Lottoland's £1 minimum. Once the amount has been set, simply tap on 'Deposit' or 'Withdraw' to complete the process.
It will usually take 1-3 business days for a withdrawal with Visa to show up in your bank account, though it could take as long as 5 days. This will be the case for most punters, but Visa also has a feature called Visa Direct which is supported by some banks in the UK. With this in play, withdrawals usually take no more than 12 hours.
Then again, as we have highlighted on this page, many punters tend to use e-wallets instead solely for fast withdrawals. Instant Bank Transfer is a new innovation which is bound to make debit cards less popular on betting sites, as withdrawals take just a few minutes with that method.
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.