Where Can I See My Withdrawal History On Betfred?

By Alex Smith May 19, 2022

Betfred Casino is one of the largest online gambling websites in the UK, and each day they welcome tens of thousands of players through their virtual doors.

As one of the biggest bookies in the UK, Betfred Casino has a pretty good reputation. They have had some problems here at Casinomeister in the past, but most players don’t run into any issues playing at the site.

If you’ve been playing at Betfred Casino and would like to view your withdrawal history, it’s much easier than you think! On this page, we will show you how to see your withdrawal history at Betfred. We’ll also be covering many of the other withdrawal-based topics on the site.

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Where To View Your Withdrawal History

Viewing your withdrawal history at Betfred Casino is surprisingly simple. First of all, you’ll need to log into your account. Once you’re logged in, head to the “My Account” section and choose the “transactions” tab. You’ll then be able to view a breakdown of all of your deposits and withdrawals.

How to Withdraw Funds From a Betfred Account

Making withdrawals from Betfred is very easy; it’s a simple five-step process. First of all, you need to log into your Betfred account. Once you’re logged in, you’ll need to click on the green “Deposit” button, which is found on the top right-hand corner of your screen.

You will then notice that a “withdraw” option appears. You will then need to select which payment method you’d like to use to make your withdrawal. Once you’ve selected the banking option you’d like to use, you’ll be prompted to enter the amount of money that you’d like to withdraw.

You then need to confirm your withdrawal. Once that’s done, the online casino’s finance team will process your withdrawal. It can take a few hours to a couple of days for the online casino to process your withdrawal request.

From Our Forum: How Long Do BetFred Withdrawals Take?

Betfred Withdrawal Options

Betfred allows players to withdraw funds in a wide variety of ways. Below, we will look at some of the different withdrawal methods. Please note that if a payment method is listed here, it will also be available as a deposit method.

Neteller

Neteller is one of the most popular banking options for online gambling, and for a good reason. Neteller allows you to make instant deposits and withdrawals, they don’t charge any fees, and once the money has been withdrawn into your Neteller account, you can withdraw it back directly to your bank account.

Neteller is straightforward to set up, and creating an account takes no more than a few minutes. You will, however, need to verify your identity before you can use Neteller. This means you will likely need to complete a know your customer (KYC) check.

Once your Betfred withdrawal has been approved and processed, the money will immediately be available in your Neteller account. The minimum withdrawal amount for Neteller is usually just £10 — so it’s also a suitable option for low-roller players!

Other Casinos That Use Neteller

Skrill

Skrill is another prevalent payment method for online casinos, and if you’re looking to withdraw money out of your Betfred account, then Skrill is a very viable option. Skrill is owned and operated within the Canadian financial market, and it now belongs to the renowned PaySafe Group, the same company that owns Paysafecard.

Like Neteller, withdrawals made to a Skrill account are instant, and they don’t charge any fees for deposits and withdrawals. However, one of the significant downsides of using Skrill in recent years is that they’ve started to charge relatively high fees for withdrawing money back to your bank account.

If you’re a VIP at Skrill, this fee is waived, but you need to process quite large amounts of money to become a VIP. Due to anti-money laundering regulations, you will also need to complete a know-your-customer (KYC) check before you can withdraw money from your Skrill account.

However, it’s effortless to use once you’re all set up. Withdrawals from your Skrill account to your bank account take 24 hours. Still, it is almost always instant, mainly if you’re based in the UK.

Other Casinos That Use Skrill

PayPal

Paypal is, without a doubt, one of the most popular payment methods available at online casinos. Unfortunately, it’s only typically found at the most significant online casinos, and that’s because PayPal is very particular about which companies they allow to use their service. They’re pretty anti-gambling in general, so they stay away from smaller, less reputable online gambling operators.

However, Betfred is one of the few online gambling operators that does allow you to use PayPal, and this is hugely beneficial when it comes to withdrawals. PayPal allows you to make instant deposits and withdrawals, there are no charges to make deposits and withdrawals, and once your withdrawal is in your PayPal account, you can make a direct, instant bank transfer.

You will need to complete a know-your-customer (KYC) check before you can use PayPal. However, thanks to the size of the company and the state-of-the-art technology they use, they’re usually able to verify your identity automatically and immediately. This means you don’t need to wait long for your account to be verified.

See Related: What You Should Know Before Putting Money Into A Casino

Debit and Credit Cards

Virtually every casino on the planet allows you to use debit and credit cards to make deposits and withdrawals. In the UK, of course, you can no longer use credit cards. On the other hand, debit cards are readily accepted, and they’re very easy for deposits.

However, debit cards aren’t quite so efficient when it comes to withdrawals. This is because withdrawals back to a debit card can take up to 5 working days. When compared to e-wallets like Skrill, this time frame is too long for many players.

When you make a Betfred withdrawal, you’ll be able to choose whether you want your money to be sent to your debit card. However, it’s not one of our recommended Betfred withdrawal options, and we’d always recommend using an e-wallet where possible.

Betfred Shops

Being able to withdraw your online casino winnings at a physical shop in the UK is something we first saw from Coral. Now, it’s a scheme available at all significant bookies, including William Hill, Paddy Power and Betfred. It works like this:

If you head into a Betfred shop and get one of their cards, you can top up this card with money, and it will automatically appear in your online casino account. Similarly, if you have money in your online casino account, you can simply walk into your local Betfred, give them your card, and they’ll give you the cash.

It’s an intuitive payment method, and while it’s different from a debit card in that you can’t make payments using it, it’s still, we feel, instrumental.

Please note that you will need to show your ID if you choose to make a Betfred withdrawal this way. You will also need to enter a 4-digit PIN code. These security measures help prevent people from taking money from your card if you lose it or if it’s stolen.

Bank Transfers

A bank transfer is one of the oldest payment methods available at an online casino, although today, a bank transfer is rarely used. This is because the time frame for a bank transfer to go through can be very long, up to 5 working days.

A high minimum withdrawal limit is usually attached to a bank transfer Betfred withdrawal. This means the minimum withdrawal amount will be much higher than other payment methods.

As a general rule of thumb, bank transfers are only used when you’re withdrawing vast sums of money. For example, if you hit a progressive jackpot win, the online casino may want to pay you via bank transfer. Other than that, they’re slow and, potentially, expensive.

How Long Do Betfred Withdrawals Take?

Betfred typically takes a minimum of 24-48 hours to process withdrawals. If you make a withdrawal request over the weekend, this time frame may increase. In recent years the online casino has started to process withdrawal requests in less time. If lucky, you may find your withdrawal processed on a Same-Day basis.

This is because Betfred Casino often ‘batch’ processes their withdrawals. This means that all withdrawal requests are automatically processed simultaneously every day.

Once the online casino has approved your withdrawal request, it can take between a couple of minutes and five working days to reach your account. The speed of your withdrawal largely depends on which withdrawal method you choose to use.

For example, if you make a withdrawal using an e-wallet like PayPal or Skrill, the funds will be available in your account when Betfred has processed it. If you withdraw using a bank transfer or debit card, the waiting period will be much longer. This is one of the reasons why we always recommend making withdrawals using an e-wallet where possible. This guarantees the fastest-possible cashout.

FAQs

What is the minimum withdrawal?

One of the significant benefits of playing at Betfred Casino is that the minimum withdrawal is just £5! This means you don’t have to be a high-staking player to get your hands on your winnings. Please note that some payment methods may have a higher minimum withdrawal.

We should also point out that the maximum withdrawal at Betfred is high, up to £10,000 per time. Daily, however, the online casino doesn’t have any maximum withdrawal limit — so the online casino is suitable for both low-rollers and high-rollers.

What happens when I make a withdrawal?

Once you’ve made a withdrawal at Betfred, it will go into what’s known as a “pending” status. During this time, you won’t be able to cancel your withdrawal. The UKGC brought in new rules and regulations that forbid online casinos from allowing players to cancel withdrawals.

The online casino’s finance team will process your withdrawal during this time frame. Once you see your withdrawal status has changed from “pending” to “complete,” it’s been processed on the online casino’s end, and you’ll just need to wait for it to show up in your account.

Do I need to complete a know-your-customer (KYC) check before I can withdraw?

Yes, before Betfred Casino processes any withdrawal, you’ll need to have verified your identity at the casino. This is called a know-your-customer (KYC) check, and it’s a legal requirement that all online casinos have to follow.

To complete this know-your-customer (KYC) check, you’ll need to upload a couple of documents to the casino. This includes a copy of your driving license or passport and proof of address. The latter must be dated within the last three months and should show your full name and address.

Once you’ve submitted your know-your-customer (KYC) to Betfred Casino, they will aim to process them within 24 hours. However, verification can sometimes be completed instantly, thanks to state-of-the-art technology. This means you don’t have to wait around, as you did a few years ago.

How long do withdrawals take?

Betfred typically takes a minimum of 24-48 hours to process withdrawals. If you make a withdrawal request over the weekend, this time frame may increase. However, online casino has started to process withdrawal requests in less time in recent years. If you’re lucky, you may find that your withdrawal is processed on a same-day basis.

What withdrawal methods can I use?

Betfred Casino allows players to use various withdrawal methods for withdrawals. You can use debit cards, e-wallets like PayPal and Skrill, and bank transfers. When you make a Betfred withdrawal, you will usually need to withdraw back to the same payment method you used to deposit.

There is an exception to this rule; if you use a deposit method that can’t be used as a withdrawal method, Betfred Casino will allow you to choose a different withdrawal method. However, they usually insist on this being a bank transfer or debit card withdrawal.

Can I use PayPal at Betfred?

Yes! PayPal is available at Betfred Casino, which is notable as PayPal isn’t always offered at online casinos. The e-wallet is one of the world’s biggest payment providers. Still, they’re very selective on who they work with regarding online gambling.

Because of this, you won’t find many online casinos that allow you to make deposits and withdrawals using PayPal. The financial processing giant typically only allows the more prominent companies, like Betfred, to use its services for online gaming.

However, if you can, using PayPal for a Betfred withdrawal is an excellent idea. It’s swift, easy to use and free. Once you make your Betfred withdrawal and the online casino’s team has processed your request, the funds will be available in your PayPal account immediately.

What’s more, once the money is in your PayPal account, you’ll be able to withdraw the money to your UK bank instantly. This is one of the significant benefits of PayPal; their system is fully-incorporated with the UK’s faster payments service, which means all bank transfers are instant.

Can I withdraw bonuses at Betfred?

Suppose you choose to claim free bets or other bonuses and promotions at Betfred Casino. In that case, you’ll need to make sure you’ve completed the wagering requirements or the qualifying bet requirements before you can make a withdrawal.

Thankfully, there’s no guesswork required here; if you haven’t fulfilled the terms and conditions of the free bet yet, the money in your account won’t appear as cash. Instead, it will appear as “bonus funds.” This means you physically can’t withdraw it. Once you’ve placed a qualifying bet or completed the wagering requirements, the bonus funds will change to real money, and you’ll see it appear in your account balance as usual.

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