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Betfred Deposit & Withdrawal Methods – Accepted Currencies & Deposit Limits

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Betfred
Min. Deposit

£5.00

Processing time

Instant

Max. Limit

No Limit

Transaction fee

No fee

Min. Withdraw

£5.00

Processing time

24 hours

Max. Withdraw

£15000.00

Transaction fee

No fee

bet here

New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.

Betfred
Min. Deposit

£5.00

Processing time

Instant

Max. Limit

No Limit

Transaction fee

No fee

Min. Withdraw

£5.00

Processing time

48 hours

Max. Withdraw

£20000.00

Transaction fee

No fee

bet here

New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.

Betfred
Min. Deposit

£5.00

Processing time

Instant

Max. Limit

No Limit

Transaction fee

No fee

Min. Withdraw

£5.00

Processing time

48 hours

Max. Withdraw

£20000.00

Transaction fee

No fee

bet here

New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.

Betfred
Min. Deposit

£5.00

Processing time

Instant

Max. Limit

No Limit

Transaction fee

No fee

Min. Withdraw

£5.00

Processing time

24 hours

Max. Withdraw

£15000.00

Transaction fee

No fee

bet here

New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.

Betfred
Min. Deposit

£5.00

Processing time

Instant

Max. Limit

No Limit

Transaction fee

No fee

Min. Withdraw

£5.00

Processing time

24 hours

Max. Withdraw

£8000.00

Transaction fee

No fee

bet here

New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.

Payment Methods, Currencies And Limits

Debit Card

This service involves Maestro, Visa Electron and Visa mediums. It is the fastest and the easiest among the payment methods with no charges to any transaction into the Betfred account. The minimum deposits at £5.00, €7.20 and $10.00 while maximum withdrawals are £9,999.99, €14,999.99 and $19,999.99. There is no attached charge into debit cards.

Debit Card

Maestro and Visa offer debit card payment at Betfred. The minimum amount transferred is the same as the Debit card. For withdrawals, Betfred will process payments into the accounts that deposited the initial amount, save for MasterCard, whose withdrawal will have to be channelled to an alternative account.

PayPal, Moneybookers and Neteller

To access these services on Betfred, the customer needs to create an account within Betfred. There are no charges between these media and Betfred but Neteller charges 2% as withdrawal fee. The minimum amount deposited through this media £5.50, €10.00 and $10.00. However, maximums per provider are £4,000, €5,750.00 and $8,000.00 for Neteller, £5,000, €7,000.00 and $10,000.00 for PayPal and £6,500, €10,000.00 and $13,000.00 for Moneybookers.

Bank Transfers

This is accessible to both for the UK and foreign customers. Each accepted currency has a different IBAN number but the Swift Code (BARCGB22) and the Bank account (00621722 – Barclays Bank Springfield) remains the same. There are no limits to withdrawals.

Payments can also be made at Betfred Shops. The Surname, postcode and the minimum of £10 are the only needed information.

How Can I Change The Operating Currency On My Account?

It is not possible to change operating currencies within Betfred after registration. This means that the primary currency used when signing up will be your default until the time you decide to close the account. So it is advisable to be sure of the currency when opening a Betfred account.

The best way to determine the best currency to use at Betfred is the medium of deposits and withdrawal. If you are a UK national and use a debit card for transactions, the Sterling pound will be the easiest to use, while other non-European (save for those countries where Betfred does not have jurisdiction) the Euro will be the best option. If you use online financial service providers like PayPal, the Dollar is a better option. Make an informed choice before sign-up to avoid such eventualities.

User Complaints (0)

  • check_circle 0 Resolved Complaints
  • tag_faces 0€ Returned to users

Betfred Users reviews (10)

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Pros

Generally speaking, I like Betfred. Is it the best bookie in the world? I don't know - I haven't placed bets at every bookie in the world. But I have placed them at Betfred, and so far, I haven't felt the need to place them anywhere else. There's enough markets to keep betting fun and engaging, and I haven't run into any trouble. Withdrawals from a big win were a little bit slow, but support were very polite about it and ultimately I received my money.

Cons

The withdrawal process was a bit slow.

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Pros

Cons

I opened a betfred account and deposit a 20 pound in to my account and I tried to play and I t would not let me play

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Pros

Cons

Absolute parasites, furlough all their stasff during a npandemic, and treat their customers with contempt when they win. Total bunch of gutless cowards, avoid at all costs, many bettwer options out there

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Pros

None

Cons

Forgot password can’t get new one betfred holding my money

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Pros

Cons

can t get account as they say email already on system so what im 61 years old am new to all this computer stuff ile take my buisness elsewhere and heres my f\\\\\\\g email [email protected] check me out

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#AD New Customers only. Up to £100* in Bet Credits. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.

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Written by:   Terry Riley

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#AD New Customers only. Up to £100* in Bet Credits. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.

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