Unfortunately, at some online casinos with withdrawals come withdrawal fees, and for those casinos that do charge, there is simply no avoiding them! Some online casinos may only charge a withdrawal fee for certain payment methods, but these fees tend to be similar across the board of casinos. This guide will give you a rough idea of the kind of fees you can come across at some casinos.
It is always a good idea to check the fees before you play to avoid disappointment when you make a withdrawal, and even though we will discuss fees in this guide, remember that every casino is different and will impose their own Terms.
It is also common for online casinos to allow you a certain amount of withdrawals per month for free. After you have exceeded the amount, you will then have to pay their standard withdrawal fees. These fees can depend on the withdrawal method you are using. In order to avoid these fees, it is recommended that you make one single withdrawal when possible instead of making multiple withdrawals. Before we discuss the kind of fees you could run into, you should know where exactly you can find out these fees. These can usually be found on the casino’s banking page or ‘payment methods’ and select withdrawals. If you’re ever unsure about the fees, you can always contact support who will be able to help.
Withdrawal fees that are associated with the individual payment methods are often expressed as a percentage of your withdrawal amount. You may also see these fees expressed as a flat amount. In this case, regardless of the withdrawal amount, you will just pay the one flat fee. When looking across the board of online casinos, it seems that you should expect to pay anything between €2 – €4 or currency equivalent. However, as we mentioned, there are also those online casinos where you will a percentage fee of your withdrawal. For those casinos that do charge for withdrawals when using a credit or debit card, you could pay anything in the region of 2% – 3%. So, if you were to make a withdrawal of $100 in a casino that charged a 2% withdrawal fee, the total fee would be $2. In those casinos that offer a number of free withdrawals per month or per week, you would only start paying this fee after you have reached the maximum of free withdrawals allowed. You should also be aware that certain card issuers may also charge certain fees.
When withdrawing via an e-wallet account like Skrill and Neteller, the fees will generally be very similar to the fees charged for credit and debit cards. Although, you may find that many casinos will allow free withdrawals to this method. Again a fee of around 2.5% is standard amongst online casinos. You may also be charged to withdraw the funds from your e-wallet account, making one withdrawal if possible will avoid these fees building up. WebMoney, which is another withdrawal method used, and a popular e-wallet account on the other hand, charges a 0.8% withdrawal fee per withdrawal. PayPal will also fall into the same category as e-wallets. However, players from the United States are usually able to withdraw completely free of charge to their PayPal accounts.
Depending on the casino, you may pay fees that are significantly more if you are withdrawing via wire transfer or cheque.
If you are playing at a casino that allows you to make a certain number of withdrawals free per month or week, you should check the casino’s Terms and Conditions to see what subsequent fees will be. This way you will be able to decide whether or not you want to make a single withdrawal to avoid fees or are willing to make multiple withdrawals. The less fees you can pay, the better, so do your research first. But, to reiterate, for the most popular withdrawal methods like credit and debit cards and e-wallets the withdrawal fees could be between 2 – 3 %.