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Fanatics Sportsbook Payment Options: How to Deposit and Withdraw on Fanatics App

Paul Costanzo

By Paul Costanzo

Updated:


No matter the level of bettor you consider yourself, there’s one thing everyone can agree on: being able to safely deposit your money and quickly withdraw it are key to the online sports betting experience.

With the available payment methods at Fanatics Sportsbook, you have a range of options to do that, whether it be through your bank account, debit card, Venmo, PayPal, or more.

Here we cover the various Fanatics withdrawal and deposit methods, how quick they payout, and what you need to do to activate them.

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Available Payment Options at Fanatics Sportsbook

Here are the payment methods you can use on the Fanatics Sportsbook app (Apple or Android) to make a deposit or withdrawal:

Payment Method Deposit Time Withdrawal Time
Debit card Instant 1-2 days
Online bank transfer Instant Up to 48 hours, often instant
PayPal Instant Up to 48 hours, often instant
Venmo Instant Up to 48 hours, often instant
Apple Pay (debit card only) Instant Up to 48 hours, often instant
Wire transfer Up to 24 hours. Must be completed within regular business hours. N/A
Paper check N/A 7-10 business days

Most of these payment methods will get the money into your Fanatics Sportsbook account quickly, almost instantly in fact. In our experience, the electronic methods of deposit are pretty close to instant, as well. This is right in line with top online sportsbooks on the American betting market such as DraftKings and FanDuel.

Fanatics Sportsbook payment methods deposits

Obviously, a wire transfer takes the most time and effort in order to make a deposit, and a paper check coming back to you will rely on the speed of the US Postal Service. That’s why it’s always good to look at sportsbooks that also function as Apple Pay betting apps, PayPal betting apps, Venmo betting apps, or Visa betting apps, such as Fanatics.

One payment method you don’t see on that list is credit cards, specifically the FanCash rewards credit card, as they are not an accepted method of deposit at Fanatics Sportsbook.

How to Deposit at Fanatics Sportsbook

Fanatics makes depositing money into your account simple and safe. You can tap the “+” sign in the top corner of your mobile app, where your account and FanCash balances are displayed, and it will pop up at the bottom of the screen.

This quick deposit at Fanatics Sportsbook is incredibly fast and convenient to complete. At the same time, you can’t make an accidental deposit, as you’re required to not only tap, but swipe across the bottom of the screen.

Fanatics Sportsbook payment methods

If you’ve made a deposit before, Fanatics Sportsbook will default to the method you previously used. All you need to do is select the amount and slide the bar. You can change that method by tapping it.

How to Withdraw Money From the Fanatics Sportsbook App

In order to receive a payout from Fanatics Sportsbook, you must have previously used that same method to make a deposit in the sports betting app. This is a safety feature that prevents a person from accessing your account and draining your money into their banking method of choice.

Fanatics Sportsbook payment methods saved methods

To make a withdrawal, click or tap into your profile, then hit the “withdraw” button, then choose your banking method and the amount you want to withdraw.

Fanatics Sportsbook payment methods withdraw
Whether you’ve made a bet on the NFL, NBA, NHL, MLB, or another sport, the withdrawal process is simple and straightforward. If you are a new user with Fanatics Sportsbook, however, refer to our review for Fanatics Sportsbook promo code details and first bet rollover requirements associated with the welcome bonus before you can withdraw real money.

Fanatics Payment Methods FAQs

Are there minimum deposit and withdrawals at Fanatics?

Yes, the minimum deposit and withdrawal at Fanatics Sportsbook is $5.

Does Fanatics Sportsbook take credit cards?

No, Fanatics Sportsbook does not accept credit cards as a deposit method.

Can you withdraw FanCash from Fanatics Sportsbook?

No, FanCash is not withdrawable, and neither are bonus bets that were converted from FanCash.

Does the Fanatics credit card work at the sportsbook?

No, the Fanatics FanCash Rewards credit card is not an accepted method of payment on the sportsbook or casino apps.

What states can I make Fanatics Sportsbook deposits and withdrawals in?

Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington D.C., West Virginia, and Wyoming.

Paul Costanzo
Paul Costanzo

Evergreen Writer/Editor; Sportsbook Expert

With nearly two decades of experience in sports media, Paul Costanzo turned his professional attention to sports betting and online gambling in January of 2022. He's covered every angle of the industry since then, managing and creating content for PlayMichigan and The Sporting News, and now SBD.

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