Smarkets Payment Methods: Fee-Free Deposits & Withdrawals

Get informed about all the fastest, fee-free payment options at Smarkets.

Smarkets has more than half a dozen ways to deposit and withdraw funds, and none of them come with fees – which is great news for all players.

But there are differences between the payment methods available. This can include faster or slower processing times. Or majorly different limits.

Below, we’ll explain the best and worst payment methods at Smarkets so that you can choose the one which is best for you.

Here’s how to make a typical deposit at Smarkets:

• You’ll first need to be logged in, so create a Smarkets account if you need to
• Tap on your balance
• Choose ‘Deposit’
• Select your preferred payment method
• Input the amount you wish to deposit
• Confirm to finalise the transaction

As mentioned, all of the payment methods at Smarkets are free. All of the deposits are also instant. But withdrawal times vary.

Instant bank transfer is the fastest, at 12 hours or less. Next it’s Trustly, Neteller, Skrill and PayPal at 1-2 days. Other withdrawal methods are slower, taking 1-6 working days.

The slowest withdrawal method is bank transfer, taking 5-10 business days.

Limits vary wildly at Smarkets. For example, when you deposit using PayPal, the minimum amount is high at £25 and the maximum amount is low at £250. But every other deposit method starts from £10, and the upper limits are much higher for payment methods like Trustly and instant bank transfer, both of which allow up to £10,000 to be added.