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FanDuel Deposit Options – Which banks work with FanDuel

If FanDuel Sportsbook has just launched in your state, you may want to get in on the action and create an account. If you have not used the operator before, you will probably wonder how to make a FanDuel deposit and which banks will work with the sportsbook. Well, fear not. We are here to help.

Legal online sports betting is growing across the United States. One operator that has taken advantage of the growth of online gambling is FanDuel. The gaming brand launched in July 2009 and has become one of the most established sports betting apps in the US. Initially known for its FanDuel DFS (Daily Fantasy Sports) contests, FanDuel Sports has expanded to provide a range of sportsbook legal options across the country.

Anybody who signs up for an account on the FanDuel betting app can wager on their favorite sport, leagues and events. The FanDuel app offers betting markets on the NFL, NBA, MLB, NHL MLS, and international leagues and sports such as Aussie Rules football. The FanDuel casino is also extremely popular.

The FanDuel sportsbook and FanDuel sportsbook app launched in New Jersey in August 2018. By doing so, it became one of the first legal online sportsbooks in the United States outside of Nevada. Like DraftKings, FanDuel is well-known for its daily fantasy sports contests and remains one of the most well-known DFS sites worldwide.

FanDuel Sportsbook Home

This guide provides all of the crucial information surrounding depositing on the FanDuel sportsbook.

We will cover the following:

  • How to deposit money into FanDuel.
  • The FanDuel sportsbook payment options.
  • What banks does FanDuel accept.
  • And what a minimum deposit sportsbook entails.

But before you can deposit, you first need to create a FanDuel betting account.

Create a FanDuel Sportsbook Account

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Before you can deposit funds and place some wagers at FanDuel, you must sign up for a new player account. Opening a FanDuel account takes less than 5 minutes. You can do this by clicking on the green “Join” button in the top-right corner of the main page at fanduel.com/sportsbook or clicking the “Bet Now” button.

After selecting your US State of residence, you will need to enter some personal information in the registration fields, such as full name, email address, location, and date of birth. Once you have provided all the required information, your account will need to be verified.

Once the verification process is complete, your betting account is ready to go, and you can use this to access all of the sportsbook features and daily fantasy sports contests on the FanDuel platform, including the FanDuel sportsbook mobile app.

Player Verification

Be aware that you will be required to verify your age and identity before gaining full access to all of the site’s features. You can upload the necessary documents by clicking on your username in the top-right corner of the homepage and selecting the account information option from the drop-down menu.

Verifying your player account by providing such documents is standard practice globally in all regulated and licensed casinos.

New Player Bonuses

New customers can take advantage of a $1,000 no sweat firstbet when signing up without using a FanDuel sportsbook promo code. The offer is open to all new customers to the book. Just create a sports betting account at fanduel.com/sportsbook to get started.

How to Make a FanDuel Deposit Online

Once your account has been created, and everything has been verified, there is just one thing left to do before you can place a wager on your favorite team.

Before you can submit a bet, you must make a deposit, and the good news is you have numerous options to choose from.

  • Click the “Deposit” button in the top-right corner (or from the main menu on the app)
  • Choose your preferred FanDuel deposit option and deposit amount.
  • Follow the instructions on the screen.
  • Your FanDuel betting account will be credited immediately if you use any instant deposit options.

FanDuel Deposit Options

You can make a deposit to your account in any FanDuel legal state, but you need to be in one which allows sports betting before being able to bet.

Debit Cards

Deposits can be made straight away using a Visa or Mastercard. Debit cards are one of the most popular FanDuel deposit options.

Select the card option, add the amount you wish to deposit, add your card number, name, expiry date, security code, and submit.

Credit Cards

Instant deposits can be processed using a Visa or Mastercard Credit Card, there is no additional fee, and a minimum deposit of only $10 is required.

Select the Credit & Debit cards tab, enter the deposit amount, add all your card details, and press the confirm deposit button.

PayPal

Most people these days have a PayPal account, and you can use it to fund your betting account and withdraw money back to the e-wallet platform. PayPal is one of the most reliable payment methods globally.

Users can make a FanDuel PayPal deposit, and the money will go into their accounts instantly. Select PayPal from the main tab and enter your PayPal account details.

If you have yet to create a PayPal account, check out our complete PayPal gambling guide. Recently, FanDuel Venmo was also added. Since this service is owned by PayPal, you can accept free and instant payments while using it.

FanDuel Prepaid Card

Using a prepaid card at FanDuel is now one of the most popular cashier options at the sportsbook. If you use one of FanDuel’s own cards, select the option from the left, then enter the details from your card and the amount you want to deposit from it. Another benefit of using a FanDuel prepaid card is that it can be used to process withdrawals.

Play+ Prepaid

Play+ Prepaid works very similar to an e-wallet and is an excellent way to navigate around any debit and credit card issues because you can fund your Play+ Prepaid using your Visa, Discover, or MasterCard in addition to your checking account.

Bank Transfers

Bank transfers remain a popular way to deposit funds, and they are among the FanDuel payment methods. However, please note that using a bank transfer may take a couple of days before your account is credited.

Although you do not need to live in a state where FanDuel is licensed and operational to register, you must be within a legal state’s lines and be at least 21 years old for a bet to be processed and accepted.

Creating a FanDuel account is simple and can be done in minutes. Once you have registered, you can make your first FanDuel sportsbook deposit in seconds using one of the FanDuel sportsbook deposit methods.

The FanDuel mobile app and desktop site keep players protected by using the latest SSL encryption to ensure safe transactions. All bettors should feel safe using FanDuel; it is one of the most trusted brands in the nation, so your bank account information will always be secure.

You can deposit or withdraw at FanDuel from anywhere in the US. However, you will not be able to place wagers until you are physically located in jurisdiction borders where the FanDuel sportsbook is legal and available.

FanDuel Deposit Methods Summary

As you can see above, making a deposit is very easy with the sportsbook. The good news is that FanDuel has a wide choice of banking and cashier options. There is usually a suitable method available no matter how you want to deposit to the sportsbook.

The full list of options available are:

💳Deposit Method💲Deposit Fee💵Minimum Deposit⏱️Processing Time
Credit/Debit CardsFree$10Instant
Online Bank TransferFree$10Instant
eCheckFree$10Instant
Wire Transfer$15$10Instant
PayPalFree$10Instant
FanDuel Prepaid CardFree$10Instant
PayNearMeFree$10Instant
Gift CardsFree$10Instant

FanDuel does not accept Amex directly, but you can use Amex through PayPal, which is an excellent way to work around this, and then use FanDuel as an American Express betting site.

FanDuel is one of the best sportsbooks accepting PayPal along with many other fantastic alternatives “PayPal-friendly” sportsbooks and casinos.

With online betting still a relatively new concept to most people in the US, many people were, and still are, unsure of how using an online sportsbook works. Problems around a FanDuel deposit, FanDuel withdrawal, or how you use a FanDuel promo code are all common questions raised by bettors.

Suppose you have never come across online payment methods before and don’t know how to claim a deposit bonus. If that is the case, you might not know how things work online regarding a possible FanDuel minimum deposit or what to do if the FanDuel deposit option isn’t working. Additionally, you may be wondering if the payment method is eligible to claim a first deposit bonus.

If you need further information, FanDuel has a complete and thorough FAQ section that answers most questions you may encounter, along with a live chat feature if you need further help.

FanDuel Deposit Problems

We would love everything in life to run smoothly, right? But of course, we know that isn’t always the case. If you have problems making a FanDuel deposit, it could be for several reasons.

Bank Issues

Most of the time, if a deposit is stopped, the fault comes from your bank. Please make sure you are entering your name, card number, expiration date, security code, and state/zip code correctly and that all the details match the account information associated with your card.

If your details are correct and you have funds in your account, but the transaction still declines, you will need to contact your bank.

FanDuel Account

If you have opened a FanDuel account in the past but closed it yourself or had your FanDuel account suspended, this could be one of the reasons why you can’t make a deposit. If you feel this is the case, don’t hesitate to get in touch with customer support at support@fanduel.com.

E-wallet Issues

If you are trying to deposit using PayPal and the transaction is declined, you will need to contact PayPal to see what the problem is.

You may have an old or expired card registered on your account, preventing the transfer of funds which is generally the case.

Successful FanDuel Deposit

Once you have successfully funded your account, you can check out the extensive range of markets and sports to bet on with the book.

If you are new to mobile or online betting, our how-to bet on FanDuel sportsbook guide will tell you exactly what to do to get your wager on and give you more hints and tips on getting the most out of the FanDuel Sportsbook.

What banks work with FanDuel?

The FanDuel company accepts Visa and Mastercard credit/debit cards. However, some banks will block a transaction due to it being associated with gambling. Some significant banks, such as Bank of America, will not allow you to deposit on the FanDuel sportsbook. They may also temporarily restrict your online transactions. It is recommended that you speak to your bank before playing at FanDuel.

Although the brand doesn’t work with any banks specifically, they are a globally recognized and trusted company. If you give your bank permission to accept payments from FanDuel, you should have no issues. You can see which US banks allow online gambling on our separate guide. Sign up today, make your deposit and claim your welcome bonus consisting of a no sweat first bet.

FanDuel Deposit Declined

So, you know how to deposit on FanDuel, you are eager to bet on the Super Bowl or place a same game parlay on the NBA and you discover that your deposit has been declined. This can be incredibly frustrating and the customer support team at FanDuel may not know the exact reason. However, if you are having trouble depositing, make sure you check the following:

  • Card Details: It may seem obvious, but always ensure you are entering the correct card details with accurate card number, expiration date, security code, and ZIP code. FanDuel does not accept American Express.
  • Your bank has blocked the transfer of funds: If you are using online banking, your bank may have blocked from making payments to FanDuel. Some banks do not like gambling transactions, so they may temporarily restrict your online services, including payments. If this is the case, you will need to contact your bank directly.
  • Restrictions on Play Card: If you are using a gift card /prepaid card, some banks will block or put restrictions on payments to fantasy sports sites. To try and avoid this happening, you should deposit less than is on the card, and register the card exactly as the instructions state on the back. If that doesn’t work,  try PayPal’s checkout feature and choose “PayPal” from the Add Funds page. This is entirely free to use.

Whether you are using FanDuel Maryland, FanDuel NY, or FanDuel NJ, the above should be helpful whenever you are depositing to the FanDuel online sportsbook.

Which banks accept FanDuel transactions?

The good news is that most major US banks allow online betting. The following support online payments that are related to online betting:

  • Chase
  • Bank of America
  • Citigroup
  • Goldman Sachs
  • PNC
  • Capital One 360
  • HSBC
  • Santander
  • TD Bank
  • Wells Fargo (varies)

However, you should be aware that banks could change their terms and conditions without notice so a payment could suddenly be stopped without prior warning.

Why might my bank decline a FanDuel transaction?

Whether you want to deposit or withdraw funds, you could find yourself in a situation where your bank has declined your FanDuel transaction. It can be frustrating when you are eager to get going, have completed all of the necessary registration steps but you can’t add funds and start betting because your bank has blocked the payment. There are a couple of things you could do before making a deposit to ensure a smooth process.

First you should make sure the credit or debit card information you have entered is correct. Your bank will decline a deposit to FanDuel if there is some inaccurate information entered, like the CVV code (the three-digit number found on the back of the card). If this happens, the FanDuel will send a query to your bank to see if there is the required amount of funds available. Where there is an error in the card information, FanDuel inform the bank the deposit will be rejected.

Additionally, always make sure the address is associated with your card is up to date. If it isn’t, you must update your address through your card provider.

Customer Support

As we were looking at details of the various ways you can fund your FanDuel account, we thought it would be wise to test the response times of the customer service team. This test included all states so you ever come across any issues with the FanDuel betting services, you can contact the support team instantly using the available contact methods on the app.

As with most top betting sites, there is a 24/7 live chat feature where you can speak to a team member in case you need some urgent assistance. There is also a phone line that provides instant responses and you can email any queries you might have and the response time is typically a few hours.

If you are a social media user, you can get in touch with FanDuel’s customer service team via Twitter or Facebook. Additionally, there is also a comprehensive FAQs section on the website and app that covers a wide range of topics, including deposits.

FAQs

Does FanDuel accept American Express?

FanDuel does not directly accept American Express. However, you can use American Express to make a PayPal payment and then use PayPal to deposit funds to your FanDuel account.

Can I add a deposit limit to my FanDuel account?

To set a Fanduel Account deposit limit to your betting or DFS account, simply head to the “Accounts Limit” page found in your user account settings. Alternatively, contact the FanDuel support directly who can add or remove this feature to your account.

How do you deposit money into FanDuel sportsbook?

After registering a FanDuel account, head to the deposit page and choose your preferred FanDuel deposit option. Options include Credit/Debit Cards, Online Bank Transfer, Check, Wire Transfer, PayPal, FanDuel Prepaid Card, PayNearMe, and Gift Cards Decide how much money you want to deposit and follow the next simple steps.

How long does a deposit take for FanDuel?

FanDuel Deposits are mostly done instantly, especially e-wallets and PayPal, however, deposit options such as bank transfers may take a couple of days to fully process.

How much can you deposit on FanDuel?

FanDuel enforces a maximum deposit limit of $2,500 and also requires players to read a Responsible Play Statement. Some states may have state limitations applied, such as:
  • Massachusetts, the deposit limit level is $1,000 per 31 days
  • Maryland, the deposit limit is $5,000 per 31 days
  • Tennessee, the deposit limit level is $2,500 per 31 days
If you sign up as a VIP with FanDuel, the deposit amount may vary.

What is the minimum deposit for FanDuel?

The minimum deposit for the Fanduel Sportbook in the US is $10, while the minimum bet amount is $5. Once you have deposited, you can take advantage of any FanDuel new offer and existing ongoing promos, such as odds boosts.

Can you send money on FanDuel?

Yes, you can send money on FanDuel from other payment methods. To do this, you must first create a verified FanDuel sportsbook account, then head to the FanDuel deposits section of the site or app. Sending money on FanDuel from a e-wallet system such as PayPal is a good example. To do this, first login to your FanDuel account. Click the 'add funds' button, choose PayPal as your preferred payment method then enter your deposit amount.
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