As of 14th April 2020, customers from the UK are no longer allowed to make credit card transactions at online betting sites
VISA cards are so popular that any adult person possesses at least one VISA credit or debit card at one point in their life. This means that you can agree with that being one of the most modern and popular payment methods in the world. However, the advantages of a VISA card do not end here; there’s much more to discover.
Did you know that it was also the only way you could make deposits on betting sites at the beginning of the online phenomenon? If you’re curious about how VISA works as a payment method at the top VISA betting sites, make sure to go through the following sections as we will cover all aspects.
Top 7 VISA Betting Sites in the UK
Nowadays VISA is everywhere you look; there’s almost no financial transaction without involving the cards and services offered by VISA. Thanks to its popularity and global spread, it was natural that most UK betting sites, as well as many others outside the United Kingdom, incorporated it.
Also, the straightforward approach of not having to use another account or tool to make your deposits at various betting sites adds to the reasons which recommend VISA for all punters out there. So, as promised a bit earlier, let’s go through a list of top 3 UK betting sites where VISA is available.
Using VISA to Deposit with Bet-at-Home
Bet-at-Home is another excellent example of a UK betting site, where VISA can offer you many advantages. Not only you will be able to make your deposit instant and free of any charge, but you will also become eligible for all sorts of bonuses and boosted odds for your deposits.
Whenever you score a nice win, and you withdraw funds through VISA, the operation is free, and the funds will be back on your card in maximum two working days. Now, that’s a bit longer when you compare it to Skrill, for example. However, you have the advantage of being able to claim bonuses and boost your winning chances. There are no special promotions you can enjoy by depositing with VISA. However, the ease of use and speed provided by this payment method will certainly improve your overall experience.[select_bonuses object=”35″ bonus=”1457″]
Deposit with VISA at SportingBet
SportingBet is one of the big betting sites within the UK where VISA is not only accepted as a deposit method, but it is actually on top of the list. You will discover that this is the case for most of the betting sites you access. This happens due to the fast and secure environment that VISA provides for deposit and withdrawals as well.
Depositing with VISA at SportingBet is instant, and you won’t pay any fees of any kind. Compared to other payment methods, VISA is much more straightforward because you will only need to fill in the details on the card to deposit. There’s no extra account required or a redirect to any other payment provider.
VISA can be used for both deposits and withdrawals, ensuring a smooth betting process. Punters that use VISA to deposit at SportingBet are also eligible for the welcome bonuses offered by the betting site. Indeed, withdrawals might take a bit more compared to electronic wallets, for example. However, the simple depositing process makes up for it.
Betway and VISA Deposits
It comes as no surprise that Betyway also recommends VISA as a payment method to all its customers. The simplicity and speed of VISA deposits make it the perfect method for those that want to enjoy the live betting product offered by Betway. Also, to make depositing even faster, Betway offers the option to save the card details of your VISA and enter the CVV code to make the deposit.
This means that a deposit clears within seconds from the moment you access the Betway site. Moreover, you know that speed is very important in online betting, especially when we talk about in-play bets. This allows you to place bets on the very next event of the match you’re watching, all thanks to VISA and Betway.
Advantages
We couldn’t go through all the betting sites mentioned above without disclosing some of the advantages VISA holds over other payment methods. However, the good news is that there is way more to come, and this section is dedicated entirely to the perks you get from using VISA at betting sites.
Here are the main advantages VISA offers you:
- Secure Deposits
- Ease of Access
- Versatility
- Claiming Bonuses
As you’ve probably predicted already, the next step is taking all these advantages separately and do a more in-depth analysis of what’s different when using VISA over other deposit methods. So, let’s jump straight to it!
✅ Secure Deposits
All payment methods are safe to use, thanks to the security measures taken by the companies involved to make betting secure and trustworthy. However, VISA has a great advantage compared to e-wallets and other payment methods. Being issued by a Bank, VISA cards had always seemed a lot more secure to users in case of hacks or refunds.
So, even though depositing with VISA involves sharing your full card details, in case of any data loss, you are better covered. The banks are known to refund clients in case of any fraudulent activity, and we’re not even going to approach the chargebacks discussion.
✅ The Fastest Deposit Methods
Most punters choose one betting site and stick to it for most of their bets. Well, this behavior is especially beneficial for those that deposit with VISA thanks to the possibility of saving the card details. After the first deposit made at a betting site, saving the card details allows you to deposit in a matter of seconds. Just complete the amount you want to deposit and the CVV, and you’re good to go.
From logging into your account to placing bets and winning big much faster than with any other deposit method.
✅ Versatility – Use VISA with a Great Number of Other Payment Options
Let’s imagine that you stumble upon a betting site that, somehow, doesn’t have VISA as a payment option. Well, with any other deposit options this would mean creating a new account, adding the funds there and then making the deposit. Thanks to the versatility offered by VISA, you can simply add funds through other options, PayPal for example, without creating a new account. This also saves you much time and makes the entire experience more enjoyable.
✅ You’re Eligible for Bonuses
If you read our previous reviews of deposit methods, you already know that some e-wallets such as Neteller or Skrill make you ineligible for bonuses. The Paysafecard falls into the same category, and it’s something punters do not take lightly. Depositing with VISA knows none such restrictions, allowing you to boost your winning chances with the welcome offers and bonus packages the betting sites prepared.
Disadvantages
Since we like all our reviews and articles to be genuinely helpful, including the less-sides of things is a must. The same goes for the VISA payment method we are reviewing today. Moreover, some of you might already agree that VISA has both advantages and disadvantages, but for other people, this affirmation might come as a surprise. Don’t worry though; it’s nothing extremely serious. However, you deserve complete information regarding VISA as a deposit option at betting sites.
Even though you might not agree with this as a certain disadvantage, most of the users find sharing the card details as the biggest flaw in the way VISA operates as a payment method.
Besides that, there are other things we can mention:
- Slower Withdrawal Process
- Low Deposit Limits
- Expiration Dates
❌ Slow Withdrawals
It’s a known fact that if you want instant withdrawals, you turn to electronic wallets such as Neteller or Skrill that allow funds to be transferred immediately after the betting sites clear the funds. VISA is not that much slower compared to these payment methods. However, it can take up to just two business days for the money to reach your account.
❌ Low Deposit Limits
We’ll compare VISA with other payment options used at betting sites to highlight this disadvantage. Since they’re considered easy to be hacked, VISA deposits usually have a much lower allowed maximum deposit limits. While with some e-wallets you can make deposits of over £30k, VISA only allows £2 or even lower.
This is not such a bad aspect considering that there are quite a few customers that would deposit a larger amount in one go. However, it’s worth being mentioned nonetheless.
❌ Expiration Dates – VISA Cards Expire
If you’re a long-time punter and already enjoy some benefits of long-term betting at a website, you might have a small inconvenient if you deposit using VISA. Unlike other deposit methods used at betting sites such as vouchers, e-wallets or Bank Transfers, VISA cards have an expiration date. Moreover, when the card expires, the entire information changes, meaning you will have to get a new card and then update the details in your betting site account. Even though this occurs every two years or even more, it’s been pointed out as an inconvenience for punters.
How to Use VISA to Deposit at Betting Sites
Now that you have all the ups and downs of using VISA as a deposit method for betting sites, it is time to move on to the part where we go into details regarding the actual process of depositing with VISA. We’re going to use the interface offered by William Hill to illustrate the examples. However, things might be a bit different from other betting sites. Keep in mind that most of the betting sites also offer these step-by-step instructions in their FAQ sections.
How to Deposit with VISA
- Log into Your Account – enter the username and password and click on ‘Log In.’
- After you are logged in, locate ‘Deposit’ in the upper-right part of the screen and click on it.
- After you pressed the ‘Deposit’ button a new window will open, allowing you to choose the deposit method. If you want to deposit using a VISA Debit Card – Choose Debit Card.
- If you’re going to deposit using a Credit/Debit Card, Select the ‘Credit/Debit Card’ option instead.
- Now it’s time to enter the desired amount and as well as the card details.
- Make sure you entered the correct details.
- Debit Card Number – the 16 digits found on the front of your VISA card.
- Card Holder Name – the exact name written on the VISA card.
- Expiry Date [also referred to as ‘ Valid thru’ – it’s also on the front of the VISA card usually represented as MM/YY – for example, 03/23 – meaning March 2023.
- CVV – Card Verification Value – it is the three-digit code found on the back of the VISA card
- After you fill in all the details, click on Deposit.
- If the issuer of your bank has an extra layer of security activated, you see another page where you need to enter a verification code. This is sent by the Bank to you via an SMS.
- Enter the code you received, and that’s it!
How to Obtain a VISA Card
We’ve seen how easy it is to use Visa cards to deposit at betting sites and you now know all the advantages and disadvantages of having a VISA. However, what about the steps needed to get a personal Visa card? In this section, we’re going to briefly discuss the steps to get your VISA debit or credit card.
Since VISA cards are directly connected to bank accounts, the first step in getting a VISA card is contacting a bank in your country and creating an account with them. Unfortunately, we can’t go into details regarding what are the steps there since it’s different from one bank to another. However, you have to present some employment proof as well your ID, and they will open an account for you.
Then, if it’s not done automatically by them, you should specifically ask for a VISA card to be attached to the account you just opened. After a certain period, you get the VISA card, and that’s about it.
Now you are good to go and experience all the perks of using VISA to deposit and withdraw at betting sites!
VISA Limits, Fees and Withdrawal Times
We’ve already covered some of these areas in the previous sections of this VISA card review. However, it’s time to go in-depth and check the exact deposit and withdrawal times for certain betting sites when using VISA. Also, since fees and limitations are also important, we’ve included them as well in our research:
Deposit Times, Fees and Limits
Betting Site | Deposit Speed | Fee | Limits MIN/MAX |
Sportingbet | Instant | 🆓 | £10 / £ 2,000 |
Betway | Instant | 🆓 | £10 / £1,000 |
bet-at-home | Instant | 🆓 | £10 / £2,000 |
Withdrawal Times, Fees and Limits
Betting Site | Withdrawal Speed | Fee | Limits MIN/MAX |
Sportingbet | 1-2 business days | 🆓 | £20 / None |
Betway | Up to 48 hours | 🆓 | £10 / None |
Bet-at-home | 2-3 business days | 🆓 | £100 / £5,000 |
VISA Alternatives for Sports Betting
Not once we compared VISA with other payment methods across this article, however, we never tackled the specific occasion in which a punter isn’t able to deposit using VISA. The best alternatives for VISA that you can use at betting sites are:
It is not a coincidence that all the presented alternatives are e-wallets. These provide the best alternative to VISA cards because they offer instant deposits and withdrawals, no fees and have comparable speed. The downside on some of the e-wallets, though, comes from the fact that you might not be able to claim New Customer offers. It is better to check the Terms and Conditions of the betting site before making the deposit.
PROS and CONS
- Eligibility
- Fast deposit process
- Instant deposits
- Withdrawal method
- No further transfers needed
- Exposure of financial details
- No instant withdrawals
- Low deposit limits
VISA Betting Site FAQs
How Secure is Depositing Through Visa?
There are several security measures taken by both VISA directly as well as the issuing bank to guarantee security. Depositing at betting sites is usually extra-secure by the special encryption used by the site as well. This is just one of the many advantages of VISA for betting sites.
Are there any fees on VISA Deposits at Betting Sites?
Usually, there are no fees. However, some betting sites, charge a 2.5% fee on the deposit amount. In other words, a deposit of £10, would actually cost you £10.25. This is extremely uncommon today, though. If you’re unsure, check out our unbiased, in-depth betting site reviews to find out whether betting sites do this before you register.
How Will Withdrawals from Betting Sites Appear on my VISA Account?
This is something that changes from one betting site to another. However, they usually respect their customers’ privacy and don’t include any gambling-related terms in the transfers. Read above for more information on VISA withdrawal fees and limits to make sure you have all the information you need before committing to this payment method.
Can I Use VISA to Fuel Neteller?
Yes, you can use VISA cards to upload funds into Neteller, as well as multiple other electronic wallets out there. You can use your VISA card to pay for a virtual VISA card called Entropay.