For an online casino player, finding a safe, secure, reliable and convenient deposit method is one of the most important things about signing up to an online casino.
On this page, we will be revealing ten of the safest online casino deposit methods that are favoured by millions of players around the world in 2023. These tried and tested methods include e-Wallets, prepaid cards, credit & debit cards, and direct bank transfers.
Is it safe to deposit at online casinos?
Yes. It’s perfectly safe to deposit at an online casino. However, it would be best if you remember the following simple rules. Your safety is guaranteed only at a fully licensed online casino that’s owned & operated by a trusted name from the gambling industry.
Make sure that operator of the casino has a decent track record and solid reputation. Also, don’t forget that the best online casinos tend to be licensed by one or more top-tier licensing jurisdictions, such as the Malta Gaming Authority, the UK Gambling Commission, and the Gibraltar Regulatory Authority.
Before signing up, check that the casino’s website domain starts with HTTPS and that it has the necessary Secure Socket Layer (SSL) encryption certificates. Finally, make sure that it accepts a wide range of tried and tested online payment solutions.
Never sign up to an UNLICENSED online casino that is owned by a dishonest operator with a dodgy background, and never deposit using a payment method nobody has ever heard of. At unlicensed online casinos, your safety is NOT guaranteed.
What are the safest online casino deposit methods?
Did you know that there are now more than 680 ways to deposit money at online casinos? However, not all online casinos will accept this many payment methods. In most cases, you will find that they accept anywhere from five to twenty trusted payment solutions.
The top 10 safe online casino deposit methods that are favoured by players today are the following reliable methods:
- Visa and MasterCard (credit cards – however, UK players can not use credit cards to deposit)
- Visa and MasterCard (debit cards)
- PayPal (e-Wallet)
- Skrill (e-Wallet)
- NETELLER (e-Wallet)
- Paysafecard (prepaid card/voucher/e-wallet)
- Apple Pay (deposits are completed via your Apple Wallet using your debit card details)
- Trustly (direct bank transfer method, no need for bank cards or digital wallets)
- ecoPayz (e-Wallet)
- Bitcoin and Ethereum (cryptocurrencies which are now accepted at a growing number of fully licensed online casinos)
Due to laws and regulations, players in the United Kingdom can no longer use their credit cards to deposit at UK-licensed online casinos. It’s a way of safeguarding the player, and it just means that they have to use other tried and tested deposit methods instead.
There are also currently no UK-licensed online casino sites that accept any cryptocurrencies for deposits or withdrawals.
What’s the minimum deposit amount at online casinos?
This can actually vary somewhat from one online casino to the next. However, you will generally find that most online casinos allow you to deposit from as little as $/€/£5.00, $/€/£10.00, or $/€/£20.00.
The deposit method you use to get money into your online casino account may also determine the minimum deposit amount required. It will also determine the maximum deposit amount.
For example, some deposit methods may process deposits of up to $/€/£50,000.00 (or equivalent currency value), and others may be capped at $/€/£2,000.00.
It’s always best to check the minimum/maximum deposit and withdrawal amounts for your chosen payment method at the casino’s cashier section before signing up to an online casino, just to avoid disappointment.
How long does it take to deposit and withdraw at an online casino?
This can vary somewhat from one site to the next for a variety of reasons. However, in most cases, you will find that deposits are generally instant and that withdrawals can take from as little as one or two hours (sometimes quicker) up to usually no longer than a day or two.
Things that can slow down the average withdrawal times are the following: the time and day you start the withdrawal, the amount you are trying to withdraw, the type of method you use to withdraw, and whether or not you have completed the online casino account verification process (also known as KYC – Know Your Customer).
For example, if you want to receive your winnings via bank cheque (the slowest withdrawal method), you may have to wait anywhere from five to eight days to get your hands on your money.
However, with a digital wallet, you will often find that the money has arrived in your account within just hours of you starting the withdrawal process.