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.

Betfred withdrawal time uk
Written by Ben Dixon
Verified by BettingGuide team
Last updated 14/10/2024

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
Visa
£5 £9,999 No fee 3 hours in our test
Mastercard
Mastercard
£5 £9,999 No fee 1-5 business days
PayPal
PayPal
£5 £5,000 No fee Within 48 houts
Skrill
Skrill
£5 £6,500 No fee Within 48 hours
Neteller
Neteller
£5 £4,000 No fee Within 48 hours
Bank Transfer
Bank Transfer
£25 £25,000 No fee 2 business days

Betfred Welcome Offers

Operator Welcome offer Bonus code See Offer
Betfred
Betfred Betting 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.
Betfred
Betfred Casino offer
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:

  • 1

    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.

    Betfred Withdraw 1 (UK)
  • 2

    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.

    Betfred Withdraw 2 (UK)
  • 3

    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.

    Betfred Withdraw 3 (UK)
  • 4

    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.

    Betfred Withdraw 4 (UK)

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

Ben Dixon
Ben Dixon
Last updated: 14/10/2024

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.