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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 Limits (£ / €)
Open Banking Free Instant £/€ 10 minimum 
Visa debit card Free Instant £/€ 10 minimum
Solo / Maestro card Free Instant £/€ 10 minimum
MasterCard / Eurocard Free Instant £/€ 10 minimum
Neteller Free Instant £/€ 10 min / £/€ 5k daily max
Skrill Free Instant £/€ 10 min / £/€ 5k daily max
Bank Transfer Free 3-5 days

£/€ 20 minimum

Trustly Free Instant £/€ 40 minimum
PayPal Free Instant £/€ 20 minimum / £/€ 200 daily max


Withdrawals

Payment option Fee Time

Limits
(£ / €)

Open Banking 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

£10 / €12

5-10 business days £/€20 minimum
Trustly Free 1-2 business days £/€ 40 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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