Coral's website suggests that withdrawals can be rather quick, at least when using Visa Direct or Instant Banking, so we decided to put this statement to the test. Withdrawing the minimum amount of £5 with a Visa debit card, we did not have to wait long as the money arrived in our bank account after just 50 minutes. A result worthy of one of the best bookmakers.
Most punters have an account at Coral, having claimed the generous welcome offers, but not all will be completely familiar with the withdrawal process on the site/app. We have tested it ourselves and it must be said that we were impressed, as everything was smooth from start to finish - not to mention that the money arrived quickly.
The minimum withdrawal is very low for all methods except for the popular PayPal, which has a slightly higher amount of £10. Below, we have collected everything you need to know about withdrawing funds from Coral, 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 | Not specified | No fee | 60 minutes in our test |
Mastercard | £5 | Not specified | No fee | 1-3 business days |
PayPal | £10 | Not specified | No fee | Within 24 hours |
Apple Pay | £5 | Not specified | No fee | 1-3 business days |
Instant Bank Transfer | £5 | Not specified | No fee | Within a few minutes |
Operator | Welcome offer | Bonus code | See Offer | |
---|---|---|---|---|
| Welcome offer Bet £10 Get £40 in Free Bets | No code required | See Offer | 18+ New UK+ROI Customers only. Min deposit & bet £10 at min odds 1/2 to qualify for 4 x £10 free bets. Certain deposit methods and bet types excl. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. |
| 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. |
If you are new to Coral and would like to find out how to withdraw funds, you can follow our step-by-step guide below:
If you have an account with Coral, make sure you are logged in before starting the process. Then, tap on the profile icon in the top-right corner of the screen. This will bring up a menu and now you need to choose 'Withdraw', as you can see in the image below.
In the next step, in the Coral withdrawal cashier, you need to choose your preferred payment method for the withdrawal. If you already have a method saved, you can opt for that one and there will be no need to fill in any details.
After choosing the payment method, you need to enter the withdrawal amount. Keep in mind that the minimum withdrawal amount is £5 for all methods except PayPal, which has a minimum amount of £10.
To complete the process, tap on 'Withdraw' and you will be brought to a confirmation page. Here, you will also see the estimated withdrawal time based on the payment method you chose. In our test, we withdrew with a Visa and although the notice said within four hours, we got the money after just 50 minutes.
Those who are looking to get their hands on the money quickly will be happy to hear that Coral has a couple of options, maybe even three, to make this happen. Instant Banking is the no-brainer for this as the money arrives within a few minutes tops, while Visa Direct is another good option as proven in our test (took just 50 minutes).
PayPal could be argued as a good method too, seeing as withdrawals tend to take just a few hours with it and at most 24 hours. If we had to choose, though, we would go with Instant Banking for depositing at Coral as well as withdrawing. This is simply because there is no faster method and it is also considered safer than debit cards.
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.