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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 (£ / €)
Visa debit card Free Instant £/€ 10 minimum
Solo / Maestro card Free Instant £/€ 10 minimum
Visa credit 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 Instant*

£/€ 20  minimum

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


Withdrawals

Payment option Fee Time

Limits
(£ / €)

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
Visa credit card Free 1-6 business days £/€ 10 minimum
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** 1-2 business days ** £/€20 minimum
Trustly Free 1-2 business days £/€ 40 minimum
PayPal Free 1-2 business days  £/€ 10 minimum / £/€ 5.5k max

* Manual bank transfer deposits take 3-5 Business days.

** Please note that if you are looking to make a manual bank transfer withdrawal rather then using our Open Banking service, your withdrawal will incur a £10 / €12 / 100 SEK / 100 NOK fee. Withdrawals transacted in Euros to mainland Europe will not incur a fee. Please allow 5-10 business days to receive the funds.

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


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