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Payment Methods

Smarkets offers a variety of payment methods with which you can deposit to and withdraw from the site.

Some payment methods are more expensive than others to offer. Visa debit cards, bank transfers within the EU, and UK Maestro cards are free, however Smarkets may charge a fee to cover the cost of offering other methods. Additionally, some credit cards may also be charged by their bank as a cash advance. For instant and free deposits and unlimited withdrawals we strongly recommend using a Visa debit card if possible.

When processing withdrawals, we will always attempt to return your funds by the means you originally deposited by. Please inform Smarkets customer services if the card with which you deposited is lost or stolen to avoid any funds being returned to this card.

We will endeavour to process your withdrawal as quickly as possible during business hours Monday to Friday, after which there may be a delay while it is processed by the banks or payment providers. The times in the table below are an estimate of how long funds will take to be returned to you by each method.

Card type Deposit Withdraw
Fee Time Limits Fee Time Limits
Visa Debit Card Visa Debit Free Instant £/€/$10 minimum Free 1-6 business days None
Solo / MaestroCard Maestro Free Instant £/€/$10 minimum Free 1-6 business days Amt of deposit
Visa Credit Card Visa 2.5% Instant £/€/$10 minimum Free 1-6 business days None
MasterCard / Eurocard Mastercard 2.5% Instant £/€/$10 minimum Free 1-6 business days Amt of deposit
Neteller Neteller Free Instant £/€20 or $30 minimum
£/€/$5000 daily max
Free 1-2 business days None
Skrill Skrill Free Instant £/€/$10 minimum
£/€/$5000 daily max
Free 1-2 business days None
Bank Transfer Bank Transfer Free 3-5 business days £/€/$20 minimum Free in UK/EEA.
Other localities will incur a £10/€12 fee.
3-5 business days None

Security

All transactions with Smarkets use Transport Layer Security (TLS) and Secure Socket Layer (SSL). Please see Terms and Conditions for more details about your security.