The Best Online Casino Payment Methods in 2024

James Briscoe

Updated by James Briscoe

Editor

Lee James Gwilliam

Fact Checked by Lee James Gwilliam

Senior Vice-President

Last Updated 4th Jun 2024, 12:28 PM

Online casinos have become hugely popular among UK players in recent years. However, one of the most important factors when choosing between the top UK casinos is how quickly they pay out winnings. After all, players often want to be able to access their money as soon as possible after a decent win.

This article covers which are the fastest-paying casinos today, the best payment methods to use for fast withdrawals, plus tips on how to speed up payouts and avoid unnecessary delays.

How To Find a UK Online Casino with Fast Payouts

With so many choices out there, finding the best fast-paying casino for you is not easy. Here are some of the most important factors to consider when making your choice.

Decide Which Payment Method to Use

This is probably the single biggest factor when it comes to getting fast payouts from an online casino – or the opposite. These days there are many options available to suit all tastes, including e-wallets, prepaid cards and debit cards, and all of them can be used on desktop, mobile, or real cash casino apps.

Of course, each method has its advantages and disadvantages, especially when it comes to minimum and maximum deposits and the speed at which deposits and withdrawals are processed. The next sections provide details on each payment type to help you decide which is right for you.

Check the Casino’s Processing Times

It’s important to note that no matter what payment method you use, each casino site will have its own processing procedures that will affect how quickly you receive your money. 

Most online casinos will take 24–48 hours to process withdrawal claims (this is known as the pending period). Though you may stumble across a fast withdrawal online casino that can do things much quicker, because of their quicker processing times or even no pending period at all. This information is typically available on the casino’s website, so it’s worth reading.

Check the Payment Methods on Offer

These days, almost all casinos are flexible enough to offer a variety of fast and secure payment methods, but it is still worth checking that your favourite method is included.

Even more importantly, the payout speed will depend heavily on which method you use to deposit and withdraw money, as you will see in detail in the next section.

Find an Attractive Casino Bonus Offer

Casino bonuses are a huge factor for many players, and with good reason. Online casinos frequently try to attract new players with enticing bonuses, and they often reward existing and loyal players too in order to prevent them from going to the competition. 

There are lots of different promotions to compare, so it's worth checking for new casino offers regularly.

Browse the Casino's Selection of Games

Games are the most important part of any casino, as they are what everyone is ultimately signing up to play. While there may be similarities in the types of games offered by casinos, each one will have its own unique selection. Therefore it makes sense to work out whether you're interested in finding online slot sites or a casino that specialises in live dealer games, for example, as a way of narrowing down the options.

Check that the Casino is Licensed

For your own safety, we strongly recommend that you only sign up to fast payout casinos that hold a licence from a respectable gambling authority such as the UK Gambling Commission (UKGC) or  Malta Gaming Authority (MGA). On this website we only recommend licensed casinos, so rest assured that any casino you visit via this page is a trustworthy, reputable operator.

Read Reviews

One way to discover how an operator really functions is to check out our online casino reviews. Our experts sign up to the casinos we feature, test that the games run smoothly, interact with the customer service department and deposit and withdraw money, so you know exactly what to expect before you sign up.

Fastest Payout Casinos in the UK

After extensive testing, here are the casinos with the fastest average withdrawal times in the UK right now. Each boast some of the best payout slots you'll find anywhere, including some with instant withdrawals!

Avg. Withdrawal Time 24 Hours
Casino Bonus £40 free bingo bonus
#ad. 18+. Gamble Responsibly. GambleAware.org. New Customers Only. T&Cs apply. Deposit £10, stake £10 on Bingo, get £30 bonus (x4 Wagering) & £10 Club voucher, &/or stake £10 on slots, get 200 x 10p Fishin’ Frenzy The Big Catch Jackpot King (x20 wagering) & £5 Club slots voucher. Use winnings in cash balance/further deposit to claim both. £5 minimum withdrawal.
Avg. Withdrawal Time 24 Hours
Casino Bonus 30 Free Spins after playing through £10
#ad. 18+. Gamble Responsibly. GambleAware.org. New Customers Only. T&Cs apply. New members only, must opt in. Min £10 deposit & wager (excl. sports betting). 30 day expiry from deposit. 18+. Extra Spins: on Double Bubble. 1p coin size, max lines. Game availability & restrictions apply.
Avg. Withdrawal Time 24 Hours
Casino Bonus 30 Free Spins on 10 Deposit
#ad. 18+. Gamble Responsibly. GambleAware.org. New Customers Only. T&Cs apply. Must opt in. Min £10 deposit & wager. 30 day expiry from deposit. Extra Spins: on Double Bubble. 1p coin size, max lines. Bingo: Advertised ticket value based on £1 tickets. Game availability & restrictions apply. **£10 lifetime deposit for Daily Free Games.
Avg. Withdrawal Time 24 Hours
Casino Bonus 121%ÊWelcome Bonus up toÊ£300
#ad. 18+. Gamble Responsibly. GambleAware.org. New Customers Only. T&Cs apply. Min deposit £10. Bonus funds are 121% up to £100. Bonus funds are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Bonus funds must be used within 30 days, spins within 10 days. Affordability checks apply.
Avg. Withdrawal Time 24 Hours
Casino Bonus 100% Up To £200
#ad. 18+. Gamble Responsibly. GambleAware.org. New Customers Only. T&Cs apply. Maximum bonus is 100% up to £100 | Min. deposit is £20 | No max cash out | Wagering is 35x bonus | Maximum bet with an active bonus is £5 | Eligibility is restricted for suspected abuse | Cashback is cash with no restrictions | Skrill & Neteller deposits excluded | Cashback applies to deposits where no bonus is included.

Financial Regulating Authorities

How We Rate and Review Payment Options for Fast Payout Casinos

Here at Casinos.com we take the utmost care and attention with each review that we make. Our process and drive to be the best does not change when it comes to rating payment options for both established and new UK casino sites and, like for other reviews, we have a dedicated team in place to work through these reviews.

Once we’ve established which payment methods are accepted by casino sites, we then move on to the testing phase. For this we look at the minimum we can deposit and then the minimum we can withdraw - this is particularly important if you're signing up to a £5 deposit casino, for example. Then for each operator, we look at the time taken for the transactions to be processed and then report our findings in our reviews.

Only once the payments have been processed do we then combine our findings to create our reviews. From this, we can highlight to our readers what works and what doesn’t.

The Fastest Payout Methods: 1–24 Hours

If you want to enjoy instant withdrawals of your winnings, these options are for you.

In general, e-wallets have the fastest payout times, so if your aim is to find a UK online casino with fast payouts then you should seriously consider an e-wallet. On top of that, this method is extremely secure and convenient, and you can also use your e-wallet account to fund multiple casinos and monitor your overall bankroll in one place. However, bear in mind that many online casinos do not allow bonuses to be redeemed using e-wallets, so you may have to choose another method to make your first deposit. Another option is to find a no deposit bonus to avoid this problem.

Other options for speedy payouts include Trustly, and Visa Fast Funds.

PayPal

Average Payout Processing Time: Up to 1 Hour

There are many solid PayPal casinos that are well worth checking out, and for good reason. PayPal offers safety, fraud protection, speed and convenience. Not only that, it is also extremely mobile-friendly, and you can often benefit from a bonus when using it. 

Google Pay

Average Payout Processing Time: Up to 1 Hour

Google Pay is easily one of the swiftest and most hassle-free payment methods out there. If you use an Android device to play - it's practically a no brainer. Casinos that accept Google Pay often ensure these transfers are virtually instant, while Google's encryption technology also adds an extra layer of security. 

Neteller

Average Payout Processing Time: Up to 1 Hour

This is a very popular instant payment option favoured by the fastest payout online casinos. Neteller is owned by Paysafe Group, along with Paysafecard and Skrill, and it has a particular focus on the UK market. 

However, be warned: most Neteller casinos in the UK will not allow you to activate a bonus if you use this method for your initial deposit. This is because the anonymity afforded by Neteller can lead to bonus abuse, which casinos obviously want to avoid.

Payz

Average Payout Processing Time: Up to 1 Hour

Payz is another e-wallet that allows you to make safe, secure and lightning fast transactions to an online casino. However, it can have higher fees than Skrill and Neteller, and the limits sometimes vary, so be sure to read the T&Cs carefully. You also may find that welcome bonuses cannot be claimed using this method.

Visa Fast Funds

Average Payout Processing Time: Up to 1 Hour

If you have a Visa card, you may want to check out their Fast Funds service. Transactions can be completed in as little as 30 mins, which is of course much faster than if you were to use a debit card. However, not all fast payout online casinos allow this service yet as it is a relatively new product, so check the casino’s website first.

Skrill

Average Payout Processing Time: Up to 24 Hours

Skrill is another convenient, versatile e-wallet that allows you to make rapid deposits and withdrawals from a casino account. Just remember that you will be charged a fee to withdraw from a Skrill account to your bank account. You also cannot use Skrill to claim a welcome bonus from most fast payout online casinos, as the anonymous nature of e-wallets led to individuals abusing bonus schemes in the past.

Trustly

Average Payout Processing Time: Up to 24 Hours

Trustly acts as a middleman between banks and operators, allowing you to make quick, secure payments easily. What’s more, it doesn’t require you to create an account because it accepts payments directly from your bank account via Open Banking, and so you don’t have to give up your personal data. However, certain banks may impose fees for transactions at Trustly casinos, so check with them before you use it.

Slower Payout Options: 1–7 days

This group is dominated by more traditional banking methods, such as bank transfers, wire transfers and debit cards. One advantage of them is that pretty much all desktop and mobile casino sites in the UK offer them to customers. Another is that they are very secure and stable, and in many cases you may already have the means to use them, which means there's no need to sign up for something new. The price for this security and convenience, however, is the much slower processing times.

Zimpler

Average Payout Processing Time: 1–2 Days

Zimpler is a pay-by-phone payment method that allows you to make card, bank and bills payments in one place. It is widely used in Germany, Sweden and Finland. The team behind Zimpler is working on expanding into more countries, including the UK, so we could see it at pay-by-phone casino sites in the not too distant future.

Nexi

Average Payout Processing Time: 1–3 Days

Nexi is a virtual bank from Italy that allows seamless online payments. However, it is currently only available in Italy and in euros, so only Italian online fast payout casinos provide this as an option.

Bank Wire

Average Payout Processing Time: 2–5 Days

A bank wire is an electronic message system that allows major banks to send funds to one another across a network of major, traditional financial institutions. If you are sending funds to a UK casino whose headquarters is overseas, you will need an international bank account number (IBAN) and possibly a SWIFT code too. Just remember that bank wires are best for larger transactions, and they often come with high minimum deposits, meaning they may not be the best choice at a £10 deposit casino if you're looking to deposit the minimum amount.

Wire Transfer

Average Payout Processing Time: 2–5 Days

Payment providers like Rapid Transfer and Fast Bank Transfer work with thousands of banks worldwide to enable instant transfers from one account to another. Some of the best UK online casino sites offer instant bank transfers of £10 all the way up to £50,000 or more. Western Union is the largest of these providers and it has branches in the UK. You might consider using it if you are sending funds to a casino that is licensed in the UK but located abroad. You will find it listed among the deposit and withdrawal options if it is available.

Visa

Average Payout Processing Time: 2–5 Days

Visa is the most popular payment method in the UK. The multinational payment provider has a secure data centre in London, and the company can process up to 30,000 simultaneous transactions per second. It is the most common casino payment option in the UK, as the country’s largest banks – HSBC, Lloyds, Barclays, Royal Bank of Scotland, Halifax and NatWest – all use it to provide their debit cards. It allows instant deposits, with broad transaction limits.

VISA Electron

Average Payout Processing Time: 2–5 Days

This is very similar to a standard Visa credit card, but it does not allow accounts to be overdrawn. If you use a Visa Electron card, you must have the requisite funds in your account to complete the transaction. It probably goes without saying that the best casinos that accept Visa Electron deposits have robust security systems in place.

MasterCard

Average Payout Processing Time: 2–5 Days

Mastercard is a rival payment provider to Visa. It offers a very similar service, and it is also a major multinational company. It is offered by most of the major high street banks in the UK today.

Maestro

Average Payout Processing Time: 2–5 Days

Maestro is a debit card brand owned by Mastercard. It was formerly known as Switch in the UK. Some of the largest banks in the UK initially issued it, but HSBC and others moved to Visa more than a decade ago. Others switched from Maestro to a Mastercard debit card, so Maestro is rarely used in the UK today, but it is still accepted as a payment method. Therefore if this is your preferred option, check out our list of the best online casinos that accept Maestro deposits.

American Express

Average Payout Processing Time: 2–5 Days

American Express is one of the world’s most popular credit card providers. It offers several benefits, including personalised bonuses and loyalty points. However, credit cards are not allowed at UK casino sites and American Express credit cards are therefore not available as a payment method to UK players.

Revolut

Revolut is a mobile app that offers banking services, including bank cards. However, from April 2021 UK Revolut casino customers are no longer allowed to use their Revolut cards to pay for online or offline gambling payments.

Payment Methods to Avoid for Fast Payouts

While pay by phone casino sites are very handy options for depositing money, they typically aren't good options if fast payouts are important to you. The reason for this is that they are deposit-only methods, meaning that you will be unable to withdraw your winnings with them. 

The quick and convenient nature of these prepaid cards and pay-by-mobile services still makes them excellent options for depositing money at a casino site, however. You can still play real money slots in the UK using these methods, but you will have to wait a little longer to collect your winnings.

Apple Pay

Withdrawal time: N/A

You can use Apple Pay for contactless point-of-sale transactions via an iPhone, Apple Watch, iPad or Mac. It works with any merchant that accepts contactless payments, but it can also be used at online casinos. You can visit a pay-by-phone casino, open the cashier section and choose Apple Pay as your deposit option. Your Apple wallet will then appear on the screen, and you can use touch ID to authorise the payment. It will be processed instantly, so you can immediately start playing your favourite casino games for real money.

Google Pay

Withdrawal time: N/A

Google Pay is a super convenient method for depositing money at a fast payout casino. It is very easy to set up on your Android device by linking a debit card to your digital wallet. After that you can use it to make contactless payments both online and offline. To make deposits at a casino site, simply go to the cashier section and choose it as a payment method. You will need to verify the payment via a code or fingerprint, depending on your device and how you have set up your Google Pay wallet, and the money will instantly be credited to your online casino account.

Boku

Withdrawal time: N/A

Boku casinos is one of the best pay by phone options for UK players that want to make quick, convenient deposits. It is similar to Payforit, in that it allows you to top up your account balance and add the cost to your next phone bill. This is really quick and convenient, but you should ensure you can cover the cost when your bill is due.

Paysafecard

Withdrawal time: N/A

This is a prepaid card that you can use to fund your casino account. It is one of the most commonly accepted online casino deposit methods. You can buy a Paysafecard at a variety of supermarkets, petrol stations and newsagents in the UK. Then you simply enter the voucher code on the card at any Paysafecard casinos to quickly fund your account.

Payforit

Withdrawal time: N/A

Payforit is a payment option that uses your mobile phone credit to pay for subscription services online. At an online casino, Payforit allows you to top up your account balance, and the cost of the deposit will be added to your next phone bill. It is reasonably rare to find an online casino Pay For It site, but PlayZee is an example of a pay-by-phone casino that accepts this payment method.

Klarna

Withdrawal time: N/A

Klarna is a Swedish brand that launched back in 2005, mainly to facilitate online shopping. It has since expanded to dozens of other countries, including the UK. It is a very quick and convenient way to deposit money at online casinos.

Depositing Money at Online Casinos

It is very simple to deposit money at an online casino. Once you have signed up and verified your account, you can visit the “Cashier” section of the site and click the “Deposit” option. You will then be presented with a list of the various different online casino payment methods that it provides.

Choose the method you want to use, type in the amount you wish to deposit and then enter your card details, e-wallet address, voucher code or pay by phone casino details, and click to confirm the transaction. The funds should arrive in your account immediately. Just remember that you will not receive a welcome bonus or a reload bonus if you use Skrill or Neteller.

Withdrawing Funds from Casino Sites

The withdrawal process is also very simple. Click “Withdraw” in the “Cashier” section to see the list of online casino withdrawal methods. It is generally narrower than the list of online casino deposit methods, because methods like pay by phone are not available for withdrawals. Choose your preferred method, enter the amount you wish to withdraw and confirm the transaction.

Certain online casino sites may require you to verify the transaction via your phone or email. The withdrawal limits and withdrawal times vary from one method to the next. The payment team will need to process and approve your request. Some will do this rapidly, while others take a few days. You then have to wait for the transaction to go through. 

Safety of Paying at Online Casinos

At Casinos.com we only deal with regulated, trustworthy casinos. This means that every casino we review in the UK is licensed by the UK Gambling Commission, which has stringent rules in place when it comes to fairness, security and protection of customer data.
 

This extends to the types of payment methods casinos are allowed to use when accepting deposits and processing withdrawals. As such, every payment method that is discussed on this page is safe and secure to a large extent – and that they take the necessary steps to keep hackers and cybercriminals at bay.

Payment Providers and Responsible Gambling

Responsible Gambling is something of paramount importance to us here at Casinos.com, and we ensure every payment provider we review takes all the necessary steps to ensure your safety while playing at online casinos.

Many payment providers will offer you the option to exclude you from making deposits to any online gambling sites if you feel that your online casino play is affecting you negatively. Remember, you should only bet what you can afford to lose. You can also set deposit and withdrawal limits, or if at any period you wish to close your account, whether that be with an online casino or a certain payment method, you can do so also.

Meet The Author

16 Years
Experience
James Briscoe
James Briscoe
Editor Editor

James worked in non-league football as a press officer before copy-editing local and national newspapers from around Britain. He then stepped into the online casino world in Malta as a copywriter, and since then, he’s continued his iGaming journey as a freelance writer, and is delighted to be helping make Casinos.com content the best it can be.

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