Betfred withdrawal time (all UK payment methods)

After verification (up to 48 hours), Betfred withdrawals using Visa Fast Funds are instant and withdrawals to PayPal, Skrill or Neteller are usually available within a few minutes. Standard Visa/Mastercard debit withdrawals can take up to five working days.

You can also withdraw up to £250 instantly from your online account at a high street Betfred shop provided you have previously deposited at that shop.

Debit cards

• Fee: Free
• Withdrawal time: Instant (Visa Fast Funds only)
• Min. withdrawal: None
• Max withdrawal: £20,000

PayPal

• Fee: Free
• Withdrawal time: Usually within a few minutes of approval
• Min. withdrawal: None
• Max withdrawal: £20,000

Neteller

• Fee: Free
• Withdrawal time: Usually within a few minutes of approval
• Min. withdrawal: None
• Max withdrawal: £20,000

Skrill

• Fee: Free
• Withdrawal time: Usually within a few minutes of approval
• Min. withdrawal: None
• Max withdrawal: £20,000

Betfred shops

• Fee: Free
• Withdrawal time: Instant
• Min. withdrawal: None
• Max withdrawal: Depends on the shop

Betfred supports withdrawals to Visa and Mastercard debit cards.

This withdrawal method is not particularly quick: After up to 48 hours’ processing and verification at Betfred’s end, Visa and Mastercard withdrawals can still take up to five working days for the money to land in your account.

On the other hand, debit card withdrawals are arguably the simplest way to withdraw money online from your Betfred account. That’s because there’s no middle man or extra service involved here - the money goes straight from the bookie to your bank account.

Betfred supports Visa Fast Funds withdrawals (which are fast becoming a must-have for the UK's best betting sites).

Visa Fast Funds withdrawals are usually instant, but can take up to 48 hours as per Betfred’s standard verification processes.

From the information provided on Betfred’s website, it’s not immediately clear that Fast Funds withdrawals are supported, so I checked with a customer support agent using the live chat support feature and they were able to confirm that Fast Funds is supported.

Betfred PayPal withdrawals are often sent out within a few minutes of the bookie completing its necessary verification checks.

However, some transactions can take several hours to complete so don’t be alarmed if you don’t get the dosh into your PayPal account instantly.

Aside from the speed, the big advantages with PayPal withdrawals is their wide acceptance among many top UK bookies (not just Betfred) and the anonymity they help to protect.

Another instant withdrawal method for Betfred punters is to head to your nearest shop and withdraw your online winnings in cash.

Sounds peachy, right? Well, there are a couple of caveats. First, you can only withdraw from your online account in a shop at which you have previously deposited.

Second, the maximum amount you can withdraw from your online account using this method is £250.

If your withdrawal is taking longer than expected, or you are not able to withdraw money from your account at all, there is usually a simple explanation.

Betfred runs verification and security checks on each and every withdrawal request. Betfred says that these can take up to 48 hours (even if using instant withdrawal methods like Visa Fast Funds).

These verification checks are usually the reason for the hold up. If your withdrawal is taking longer than the timeframes outlined at the top of this article, get in touch with Betfred via the online live chat support (I found their agents to be responsive and helpful).

If you are unable to withdraw money from your account balance, make sure that this money is actually withdrawable. For example:

Free bet stakes awarded as part of a bonus or promotion are non-withdrawable.

You should always check the terms and conditions for each offer you opt in to to make sure you fully understand the status of your account balance.

Is your Betfred withdrawal not showing?

If your withdrawal is not showing in your account history, it’s probably because Betfred are still running their compliance, verification and security checks. We recommend giving it at least 48 hours before contacting support.

The biggest payout for a bet at Betfred is £1,000,000. That applies to the biggest betting events, like elite football and major horse races.

Other less significant events and less popular sports are subject to lower maximum payouts. You can find details of all of these in the Betfred Terms Hub.