Betfred Withdrawal Time - Our Test for 2024
Find the withdrawal time, as well as key terms, for each payment method at Betfred as we put the withdrawal process to the test.
How Long Does Betfred Take To Pay Out? Our Test Result
It can be argued that the withdrawal process is the most important part of a bookmaker, and thanks to Visa Direct being available at Betfred, it takes less than 3 hours for funds to be added to your account. This is certainly among the fastest scores we have seen and confirms that anyone who signs up for Betfred can rely on fast withdrawals.
Withdrawal Time for Each Payment Method at Betfred
With almost 60 years in the industry, Betfred is one of the leading bookmakers in the UK and there are several reasons for this. Not only is a fantastic sportsbook on offer but there is a range of nice promotions, making it one of our favourite options on the market.
Customers can also benefit from a minimum withdrawal amount of only £5, with good terms for most of the methods available. Below, we have collected everything you need to know about withdrawing funds from Betfred, from the payment methods available to the specific terms for each of these.
| Payment Method | Min. Amount | Max. Amount | Transaction Fee | Processing Time |
|---|---|---|---|---|
Visa | £5 | £9,999 | No fee | 3 hours in our test |
Mastercard | £5 | £9,999 | No fee | 1-5 business days |
PayPal | £5 | £5,000 | No fee | Within 48 hours |
Skrill | £5 | £6,500 | No fee | Within 48 hours |
Neteller | £5 | £4,000 | No fee | Within 48 hours |
Bank Transfer | £25 | £25,000 | No fee | 2 business days |
Betfred Welcome Offers
| Operator | Welcome offer | Bonus code | See Offer | |
|---|---|---|---|---|
 | Welcome offer Bet £10 Get £50 in Free Bets | BETFRED50 | See Offer | New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply. |
| | Welcome offer Stake £10 Get 200 No Wager Free Spins on Starburst | No code required | See Offer | New customers only. Opt In required. £/€10 min stake on Casino slots within 30 days of registration. Max bonus 200 Free Spins on selected games credited within 48 hours. Free Spins expire after 7 days. iOS app restrictions may apply. Email/SMS validation may apply. Not available in NI. Full T&Cs apply. |
How to Withdraw From Betfred: Step By Step
If you are new to Betfred and would like to find out how to withdraw funds, you can follow our step-by-step guide below:
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Head to the Cashier
When you would like to withdraw the funds, simply tap the 'Profile' icon in the top right corner of the screen, and then tap the 'Withdraw' button when given the option.
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Choose Withdrawal Method
Similar to when you deposit funds on Betfred, the next step is choosing your method of withdrawal - as always, we chose to use a debit card, and this meant we benefitted from using Visa Direct.
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Enter Withdrawal Amount
The next step is selecting your withdrawal amount, and we opted to withdraw the minimum amount in our test, i.e. £5.
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Wait for Withdrawal
Following this, tap 'Withdraw' and Betfred will show you a confirmation that your request has been made. From this point, it took less than three hours for us to receive the funds, a very quick process for sure.
What is the Fastest Way to Withdraw From Betfred?
Betfred offers a very quick withdrawal process, and this is mainly thanks to Visa Direct being available for Visa debit cards. In our test, it only took three hours for the withdrawn funds to reach our account, and whilst there are quicker options available, there can't be many complaints.
Obviously, this method is only available to customers with Visa debit cards, and customers with a Mastercard debit card are unable to benefit from the quickest method. In that case, e-wallets including PayPal also offer relatively quick withdrawals at Betfred and will certainly be good enough for most punters.
Betfred Withdrawal Time FAQs
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Accredited football journalist with a focus on Italian football, working for the likes of SempreMilan and Serie A Total. As an avid punter, I enjoy browsing sportsbooks for the best-value bets.