FanDuel to Prohibit Credit Card Account Deposits Nationwide

• The sports betting company will prohibit credit card deposits beginning March 2, 2026
• The prohibition is nationwide
• FanDuel previously prohibited credit card deposits in five states

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FanDuel will no longer accept credit card account deposits nationwide for its sportsbook, casino, or racing products beginning next month.

Customers today logging into their FanDuel accounts were greeted with a message informing them of the decision. The nationwide prohibition will go into effect on March 2, 2026.

“Over the last few months, FanDuel has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our sportsbook, casino, and racing product in the United State. This change was made to improve our deposit experience for our customers,” a FanDuel spokesperson told Sports Betting Dime.

Nationwide Prohibition on Credit Cards

FanDuel joined DraftKings to completely prohibit credit card deposits for user accounts. DraftKings prohibited credit card deposits this past August.

According to FanDuel, the prohibition on credit card deposits will include credit cards connected through Venmo, PayPal, and Apple Pay. Debit cards and bank accounts will still be acceptable forms of account deposits.

The prohibition could end up being beneficial for customers. Users depositing funds through credit cards were typically charged cash advance fees by their credit card companies for each transaction.

Prior to the nationwide prohibition, FanDuel did not allow credit cards deposits in five states. FanDuel prohibited credit card deposits in Massachusetts, Vermont, Connecticut, Illinois, and Tennessee. Even if users deposited funds in their accounts outside of these prohibited states, the funds would have been listed as “unavailable in your state” if they came back within the boundaries of the prohibited states.

Several States Considering Credit Card Bans

While both FanDuel and DraftKings have instituted nationwide prohibitions, several other states are considering legislation to ban all credit card account deposits for sports betting and gaming purposes for any licensed gaming operator.

New York Assemblyman Robert C. Carroll (D-44) recently introduced A7962, a bill to prohibit credit card use for online sports betting account funding in the Empire State.

New York’s neighbor to the south, New Jersey, is also considering a ban on credit cards. Sen. Paul D. Moriarty (D-4) recently introduced S3461, a bill to prohibit credit card use for online sports betting or iGaming account funding.

Virginia legislators are also considering a similar bill this session. Del. Marty Martinez’s (D) legislation, HB 515, was approved in the Assembly by a 94-3 vote in January. The bill prohibits the Director of the Virginia Lottery from approving the use of credit cards as a method for sports bettors to fund sports betting accounts and currently sits in the Senate General Laws and Technology Committee.

Operators Have Faced Stiff Credit Card Fines

Massachusetts, in particular, has been vigilant regarding its prohibition on credit cards. The Massachusetts Gaming Commission fined DraftKings $450,000 this past June for repeated violations of its credit card ban.

The commission levied a $450,000 fine to the Massachusetts-based gaming company for improperly accepting 1,160 bets funded by credits cards from March 10, 2023, through Feb. 14, 2024 for a total handle of $83,667.92.

The fine is the largest the commission has levied upon a licensed online sports betting operator since launching sports betting in 2023.

In addition to the monetary penalty, DraftKings was required to refund $83,667.92 of the improperly accepted credit cards funds to 218 customers.

Also, DraftKings was ordered to develop a corrective action plan to ensure the issue will not happen again and undergo an audit from an independent third party approved by the commission to ensure that no additional credit card funds were deposited and/or bet in the commonwealth.