Banking Methods

Making deposits at online and mobile casinos should be simple, secure and come with no hidden costs. Australian online casinos support a variety of methods.

We introduce the most popular methods available to Australian punters. This includes more familiar options like credit cards, prepaid vouchers like Neosurf, and of course crypto currency methods like Bitcoin Cash and Bitcoin. We discuss the merits of each, and provide tips on how to use them. We also give an indication of what we believe to be a reasonable turnaround time for withdrawals using each method.

Casino Payment Methods

Preferred Banking Methods for Australians

Australian players have always had a wide range of payment methods to choose from when they play at an online casino. So the sudden withdrawal of popular e-wallets like NETeller and Skrill and prepaid cards like PaySafeCard from the Australian market has not really impacted the market negatively. There are many other equally secure, reliable and popular methods to choose from.

One thing you should know about the payment methods at online casinos: some of them are available only in specific countries. Take for instance InstaDebit; this is available only to residents of Canada. We have taken this into consideration while listing payment methods out for you. Our listing of payment methods is by specific region, so you get to see only those options available in your geography.

Though there is such a wide range of payment methods, credit cards and debit cards continue to be the most preferred. They are reliable, secure and guarantee quick and easy payments. Players nowadays seek out alternatives because not all banks are nowadays willing to process credit card payments for online gaming-related activities. E-wallets, prepaid card and even instant bank transfers are stepping in to fill this gap now.

For Australian players, a very interesting payment option available now is the prepaid option called Neosurf. You can find top casinos like Fair Go Casino and Uptown Pokies Casino supporting it, and more casinos will join that list soon. All you have to do is buy a Neosurf card - you can do this at many outlets across Australia - and register at the Neosurf website.

Types of Banking Methods at Online Casinos

Credit Cards

Credit cards have for long been the preferred payment mode at online casinos. They still continue to be so at many of the leading online casinos accepting Australian players.

They are popular because they are:

  • Easy to use
  • Completely secure
  • Available at every online casino
  • Available in multiple variants
  • Not too high on transaction fees
  • Capable of processing huge deposits instantly
  • Capable of offering instant credit even if you don't have money in the bank
  • Compatible for use from mobile devices

The most used credit cards are from Visa and MasterCard. Other credit cards that are used, but not so frequently, are AmericanExpress and Diners Club.


MasterCard was created by a number of Californian banks as competition to BankAmericard, which was subsequently rebranded as Visa. It was known initially - from 1966 to 1979 - as Master Charge or Interbank. Today it is considered the most widely used credit card, with a presence in 200+ countries across the world.

There are different kinds of MasterCard products, including:

  • Standard MasterCard
  • Gold MasterCard
  • Platinum MasterCard
  • World Elite MasterCard


Visa was initially called BankAmericard and later rebranded to Visa. It is by far one of the most widely used credit/debit cards: more than 30 million Visa transactions are processed daily worldwide. It is safe, secure and cashless. All you need to do is register an account with Visa to use its card.

There are different kinds of Visa cards available:

  • Credit cards
  • Debit cards
  • Virtual cards
  • Prepaid cards

Debit Cards

When it comes to debit cards, the most used are Visa Electron, Solo, Maestro and Delta. These cards offer similar advantages like credit cards, with one significant difference: they facilitate easy processing of your money; you must have money in your bank account to use a debit card as these cards do not offer credit.


One of the best options for transacting at an online casino is an e-wallet. An e-wallet too is a virtual entity and is completely secure. It acts as an intermediary between your bank or credit card account and your casino account. This is a very important function because it ensures the casino doesn't get direct access to your banking information when you use an e-wallet.

You have to register with an e-wallet to use it. Registration is quick and free. Once you register an account with an e-wallet, you can transfer funds to that account and then process payments to your casino account from your e-wallet account.

There are quite a few advantages to using e-wallets:

  • They guarantee completely secure payments.
  • You can use most of them for deposits as well as withdrawals.
  • Deposits are instant and withdrawals are fast as well, compared to other methods.

Instant Bank Transfer

Instant bank transfers are commonly referred to as electronic funds transfers or EFTs. They are easy and secure and allow you to transfer money electronically directly from your bank account to your casino account. Security is guaranteed because they use all the standard online security protocols that banks and other financial institutions use, including SSL encryption and firewalls.

Instant bank transfers, however, may come with a transaction fee that is higher than what credit cards and e-wallets charge. Also, some of these methods work only in specific countries. A very popular and geographically specific instant bank transfer option is InstaDebit, which is available to Canadian online casino players.


One of the most ideal forms of payment at an online casino, or anywhere for that matter, is the prepaid card. It doesn't require you to spend from your card or e-wallet at the casino. All you have to do is purchase a prepaid voucher. You can do this at countless outlets in your neighbourhood or at one of the many online websites.

You can pay for the voucher by cash or card. Once you are at the online casino, just enter the 16-digit unique voucher code on each voucher - physical or virtual - to get an amount corresponding to the value on the voucher deposited into your casino account.

Making Deposits into Your Online Casino Account

Making deposits into an online casino account is fast and easy.

The general process is the same at all casinos.

  1. You sign up with the casino.
  2. Visit the cashier or banking section of the casino.
  3. Select the payment method and enter the amount you want to deposit.
  4. You are taken to the website of the payment method you chose. Fill in the form provided there with the required details.
  5. Click Submit to complete the transaction. The money gets deposited into your casino account instantly.

The only payment methods that may take a little time to deposit your money into your casino account are checks and bank transfers.

Typical Deposit Fees at Online Casinos

The online casino you are signed up with will never charge you for making deposits into your account. So does that mean all deposits are zero-fee affairs? Actually no; the payment method you are using may actually charge you a fee for using their services. This will show up in your statement, for instance, if you are using a credit card.

In this section we take a look at the deposit fees that the various payment methods may charge for depositing funds into your online casino account.

Credit Cards

Credit cards usually charge a transaction fee for using their services to deposit funds into your casino account: usually a fixed amount or a percentage of the amount deposited. Visa usually charges $2 or up to 4% of the deposit amount. MasterCard credit cards have a 2% to 3% fee for each deposit.


There is no charge for depositing with Neosurf as this is a prepaid payment method. However, if you opt to pay using a NeoCash MasterCard, there may be a charge for using the credit card service.


PaySafeCard is a very popular prepaid payment method. There is no charge for making deposits using PaySafeCard.


Bitcoin is a newly accepted payment method at online casinos. There is usually no payment processing fees for depositing with Bitcoins, but some casinos there may charge a transaction fee for Bitcoin deposits. The fee though is much smaller than what other payment methods charge.

Bitcoin Cash

Bitcoin Cash is a Bitcoin clone that helps facilitate speedy transactions. It was launched on August 1, 2017 and comes with a very low transaction fee of $0.01 or lower.

Bank Wire

The fees for using bank wire transfer depends on the bank; the standard charge could be anywhere between $5 and $10.

Making Online Casino Withdrawals from your Account

One of the key objectives of playing at an online casino for real money is to win money. Once you win, you would want to withdraw your winnings at some point. Casinos have their own withdrawal process and rules for withdrawals.

Some banking methods like Visa can be used for both deposits and withdrawals. MasterCard, on the other hand, may not allow withdrawals. Some methods may charge fees for withdrawals, while some may be free. Even if they all charged fees, the percentage charged will definitely vary. It is important to know how each individual method works. This will help you choose the method that works best for you.

A good way of doing this is to read our reviews of the different payment methods carefully. We list out the details about each of these methods, starting from what they are, the kind of transactions they process, the security aspects, and the fees, if any, associated with using them.

How to Make an Online Casino Withdrawal

All of us want our winnings to reach us instantly. That is one area where online casinos come up short compared to the land-based casinos, though now you do find online casinos offering 24-hour withdrawals.

At a land-based casino all you need to do is collect your chips from the table, head over to the cashier and exchange them for cash.

At an online casino, withdrawals take time, for a number of reasons:

  • The fact that it is a remotely conducted transaction requires elaborate security verifications and authentication to ensure the money reaches the right person.
  • The pending period means you already have a 24-48 hour lag period.
  • The withdrawal request is processed only after expiration of the pending period, which means it takes at least 72 hours in all to process and approve a withdrawal.
  • Once a withdrawal is approved the payment process you choose also requires time to send your money across.

There are, however, certain steps you can follow to ensure withdrawals happen as fast as the circumstances allow.

  • Ensure that you have met the wagering requirements and fulfilled all the other terms and conditions attached to claiming a winning.
  • Check with customer support to ensure you haven't missed out on anything.
  • Once this is done visit the cashier section and click the Withdrawal tab.
  • Choose the withdrawal method and fill in the details, including the amount to withdraw.
  • Ensure that you have submitted all the documents required to clear the withdrawal.

The Importance of Withdrawal Requirements

As you may have seen in the steps above, all online casinos have specific withdrawal requirements that you must meet to be able to successfully withdraw your winnings. These requirements potentially delay the withdrawal process. But the fact is that they are important; they are in place to guarantee that the withdrawals are done correctly and by the right person, and that the right person gets the money.

Especially if you are withdrawing at the casino for the first time the process may be elaborate, with the casino getting back to you more than once asking for more documents. So one way of cutting down the time to complete this process is to ensure that all the required documents are provided on time so the casino doesn't have to get back to you.

You can do this by being aware of the documents needed and keep them handy. So when you file a withdrawal request all you need to do is scan the documents and mail them across to the support team.

The documents usually asked for include:

Proof of identity, such as a driver's license or passport
Proof of address, such as a current utility bill
Scanned images of the front and back of a credit card, if you are making a credit card withdrawal

The 'Pending Period' in the Withdrawal Process

When you file a withdrawal request, you will find the status of the request showing up as pending when you visit the casino the next time, say within the next 48 hours. You may find this strange, but it is just one of the processes that online casinos follow.

The 'pending period' for a withdrawal is something that all casinos follow. They do not process a withdrawal immediately; instead they keep it pending for at least 24 hours. This is done to give you the chance to reverse or cancel a withdrawal once you have filed for it, should you change your mind. This is one more thing to be aware of: filing a withdrawal request does not kick-start the process instantly.

Typical Withdrawal Fees at Online Casinos

Not all deposit methods at online casinos are available for making withdrawals. For Australian players, the popular withdrawal methods include credit and debit cards, some e-wallets, Bitcoin and bank wire.

Visa credit cards - and MasterCard at some casinos - are available for withdrawing funds from your online casino account and there is a surcharge in the form of a transaction fee, usually $2 or up to 4% of the withdrawal amount.

When it comes to e-wallets, a number of the major players like NETeller have exited the Australian market, but there are others like ClickandBuy and EcoPayz that support withdrawals. The withdrawal fees are nominal and usually a percentage of the amount withdrawn.

Bitcoin withdrawals are rapidly becoming popular because they are fast, secure and anonymous. At most casinos, there is no fee for withdrawing using Bitcoins.

Another withdrawal option available is bank transfer. This is a great option as it means your money gets transferred directly from your bank account to your casino account. However, there is a fee of AUD$50.

How Long Should it take to Withdraw?

Withdrawals take time because of the elaborate process involved. However, nowadays you find casinos that offer instant withdrawals with e-wallets.

We briefly discuss the withdrawal times for some of the popular withdrawal methods at online casinos.

Credit Cards

The amount of time taken for a withdrawal with a credit card is between 2 and 8 days after approval of the withdrawal request. The time taken also depends on the casino.

Electronic Wallets

Withdrawals with electronic wallets happen fast nowadays. The withdrawal time for an e-wallet post approval of the request is between 24 and 48 hours.


Withdrawals with cryptocurrency like the Bitcoin and now Bitcoin Cash are instant as they are not tied to any financial institution.

Bank Wire

Bank wire transfers usually take up to 3 days to reach you once the withdrawal has been approved.