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Payment method comparison

There are numerous payment methods available to Smarkets customers.

Specific details for depositing and withdrawing with each payment option are listed below. For more information regarding each specific payment option, click on the link:

Depositing

Payment option Fee Time Minimum Limits  (£ / €) Maximum Limits (£ / €)
Instant Bank Transfer Free Instant £/€ 10 £/€ 10,000
Visa debit card Free Instant £/€ 10 £/€ 3500
Solo / Maestro card Free Instant £/€ 10 £/€ 3500
MasterCard / Eurocard Free Instant £/€ 10 £/€ 3500
Neteller Free Instant £/€ 10 £/€ 3000
Skrill Free Instant £/€ 10 £/€ 3000
PayPal Free Instant £/€ 20 £/€ 200

 

Withdrawals

Payment option Fee Time

Limits
(£ / €)

Instant Bank Transfer Free 12 hours £/€ 10 minimum
Visa debit card  Free 1-6 business days £/€ 10 minimum
Solo / Maestro card  Free 1-6 business days £/€ 10 minimum. Some cards limited to deposit amount
MasterCard / Eurocard Free 1-6 business days £/€ 10 minimum. Some cards limited to deposit amount
Neteller Free 1-2 business days £/€ 10 minimum
Skrill Free 1-2 business days  £/€ 10 minimum
Bank Transfer

Free

5-10 business days £/€20 minimum
PayPal Free 1-2 business days  £/€ 10 minimum / £/€ 5.5k max

Please note: For instant free deposits and unlimited withdrawals we strongly recommend using Open Banking or a Visa debit card as your payment option.


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