Coral Deposit Methods and Guide

Find out the payment methods, minimum deposit, how to deposit and welcome offer eligibility with our complete Coral deposit guide.

Coral deposit guide UK
Written by Ben Dixon
Verified by BettingGuide team
Last updated 19/09/2024

Coral Terms for Deposit Methods

Coral is one of the best betting sites in the UK and favourable payment terms are a huge part of that. Of course, the bookmaker also has a fantastic sportsbook with great market depth, streaming and promotions, but being able to deposit and withdraw with certain methods (and with certain limits) is something that punters appreciate a lot.

Payment methods at Coral include the popular e-wallet PayPal, as well as the ever-growing Apple Pay, and the terms are favourable for most of them. Below, we have collected everything you need to know about depositing funds into a Coral account, from the methods to the specific terms for each.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
Visa logo
Visa
£5 £2,000 No fee Instant
Mastercard
Mastercard
£5 £2,000 No fee Instant
PayPal
PayPal
£10 £2,000 No fee Instant
Apple Pay
Apple Pay
£5 £2,000 No fee Instant
Google Pay logo
Google Pay
£5 £2,000 No fee Instant
Paysafecard
Paysafecard
£5 £2,000 No fee Instant
Instant Bank Transfer
Instant Bank Transfer
£5 £2,000 No fee Instant

Coral Sign-Up Offers

OperatorWelcome offerBonus codeSee Offer
Coral
Coral Betting offer
Welcome offer
Bet £5 Get a £20 Free Bet
No code required
See Offer
18+ New UK & ROI Customers only. Min deposit £5. Min first bet £5 at minimum odds 1/2 to qualify for 1x20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Coral
Coral Casino offer
Welcome offer
Bet £10 Get £50 Casino Bonus
No code required
See Offer
18+. New customers only. Min spend £10 on qualifying games. Certain deposit types excluded. £50 Bonus on selected games subject to 40x wager req. Must accept within 14 days, valid for 30 days. Player restrictions and T&Cs apply.

How to Deposit at Coral: Step-By-Step

If you are new to Coral and would like to find out how to deposit, you can follow our step-by-step guide below:

  • 1

    Navigate to the Deposit Cashier

    Provided that you already have a Coral account, the first thing you need to do is tap on the profile icon in the top-right corner of the screen. Then, in the menu that pops up, you need to tap on 'Deposit'.

    Coral deposit/withdrawal 1
  • 2

    Select Your Preferred Payment Method

    In the deposit cashier, you first need to choose your preferred payment method for the deposit. In the image below are the options that Coral accepts in the app, but there are a couple more on desktop.

    Coral deposit 2
  • 3

    Enter the Details of the Method

    If you have not used the selected payment method before, you will need to enter the details. In our case, we needed to enter the card details. After this has been done, though, it does not have to be repeated for the next deposit.

    Coral deposit 3
  • 4

    Enter the Deposit Amount

    Next, you will need to enter the amount for the deposit. We opted for £5 in our test, which also happens to be the minimum deposit at Coral.

    Coral deposit 4
  • 5

    Tap On 'Deposit'

    After entering the amount, you need to tap on the green 'Deposit' button to complete the process. Then, you will be brought to a page confirming the transaction.

    Coral deposit 5

Minimum Deposit at Coral

Coral allows customers, new as well as existing, to deposit just £5 into their accounts. In fact, this is the minimum deposit for all payment methods except PayPal, which has a slightly higher minimum amount of £10. Furthermore, punters only need to deposit £5 to claim the welcome offer at Coral as it is a so-called bet £5 get £20 deal. No doubt, it is one of the best welcome offers around.

Debit Cards Deposits at Coral

Even though there are many modern solutions available today, such as Instant Banking, debit cards are still the most popular way to deposit on a betting site. This largely has to do with the welcome offers being restricted to this method. In any case, the minimum deposit amount with debit cards at Coral is £5 and £2,000 is the maximum.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
Visa logo
Visa
£5 £2,000 No fee Instant
Mastercard
Mastercard
£5 £2,000 No fee Instant

Apple Pay Deposits at Coral

After debit cards, Apple Pay is the most popular payment method at Coral and this is also the case at most betting sites these days. You can even claim the welcome offer with Coral with this method, which is great news, and this also means that the minimum deposit is just £5. The maximum is set at £2,000 just like the other methods.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
Apple Pay
Apple Pay
£5 £2,000 No fee Instant

PayPal Deposits at Coral

Even though many still use PayPal to deposit funds into betting accounts, especially after the welcome offer has been claimed, it has called behind other methods a bit. As also showcased by Coral, it is not possible to claim the welcome offer with this method and the minimum deposit is also higher at £10, which is not ideal.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
PayPal
PayPal
£10 £2,000 No fee Instant

Paysafecard Deposits at Coral

Paysafecard has always been known for low minimum deposits and this is the case at Coral too, with a minimum amount of £5. However, it is not possible to claim the welcome offer with this method. Nor is it possible to make withdrawals, but that is a con that most punters have known for a long time.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
Paysafecard
Paysafecard
£5 £2,000 No fee Instant

Google Pay Deposits at Coral

Only a handful of betting sites in the UK actually accept Google Pay, which is rather strange seeing as Apple Pay has grown tremendously recently. In any case, the minimum deposit amount is set at £5 and as you perhaps saw in our test earlier, the Google Pay option will only show if you are on an Android device or desktop.

Payment Method Min. Amount Max. Amount Transaction Fee Processing Time
Google Pay logo
Google Pay
£5 £2,000 No fee Instant

Coral Deposits FAQs

The minimum deposit amount is £5 at Coral and this goes for all of the payment methods, except PayPal. The fact that the welcome offer is a bet £5 get £20 deal also means that new customers only have to deposit £5 to claim it, and not the usual £10.

After signing up at Coral, you will be prompted to add deposit limits to your account, ensuring that gambling remains fun and responsible. A deposit limit is essentially how much you can deposit during a certain period, with Coral supporting daily, weekly and monthly deposit limits.

Ben Dixon
Ben Dixon
Last updated: 19/09/2024

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.