A key aspect when you sign up to a bookie is how quickly you can get your hands on your cash after a win. We investigated the Paddy Power withdrawal time across different payment methods and found that funds were returned quickly (and efficiently), some even being immediate. Read our guide to discover more!
Paddy Power Withdrawal Times & Options
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £5 | Not Specified | Instant | None | |
| £5 | Not Specified | Instant | None | |
| £30 | Not Specified | Instant | None | |
| £30 | Not Specified | Instant | None | |
| £30 | Not Specified | Instant | None | |
| £30 | Not Specified | Instant | None | |
| £5 | Not Specified | Instant | None | |
| £30 | Not Specified | Instant | None | |
| £5 | Not Specified | Instant | None |
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £0.01 | Not Specified | 2-5 working days | None | |
| £0.01 | Not Specified | 2-5 working days | None | |
| £1 | Not Specified | 12-24 hours | None | |
| £1 | Not Specified | 12-24 hours | None | |
| £1 | Not Specified | 12-24 hours | None | |
| N/A | N/A | N/A | None | |
| £0.01 | Not Specified | 1-4 hours | None | |
| £0.01 | Not Specified | 2-3 working days | None | |
| £0.01 | Not Specified | Up to 24 hours | None | |
| £10 | Not Specified | 1-5 working days | None |
As you can see from the table, Paddy Power withdrawal times can range from instant up to 2 to 5 banking days. There is a good range of payment methods available and, given that the operator is fully licensed and regulated in the UK, you can be confident that your funds are secure.
Best Paddy Power Withdrawal Methods
We put all the banking options offered by Paddy Power to the test, and we can corroborate that the bookie’s stated withdrawal times and the speed at which you will get your funds is up there with the best around.
The availability of Fast Funds and the possibility of standard debit card withdrawals being done in two working days, mean that they are even slightly quicker than most online betting sites.
You are spoiled for choice between bank transfers, e-wallets and standard and instant debit card withdrawals, but the addition of Google Pay would be an improvement for the bookie.
Paddy Power Withdrawal Time With Apple Pay – 2 to 3 Working Days
Apple Pay is a highly convenient method that allows iPhone users to deposit and withdraw funds with one click. The Paddy Power withdrawal time for Apple Pay is 2-3 working days, which is swift, with many punters being happy with that timescale given how simple the process is.
There are no fees involved. Apple Pay is classed alongside debit cards, meaning that, if this is your chosen payment method, you will still be eligible for Paddy Power welcome bonus. Minimum withdrawal is £0.01, and there is no specified amount for maximum amounts.
Paddy Power Withdrawal Time With Bank Transfers – 1 to 5 Working Days
Bank transfers avoid any third-party involvement. Therefore, it is an extremely safe way of making deposits and withdrawals. The price you pay for this security is the time taken. It is the slowest of all Paddy Power’s withdrawal options. However, 1 to 5 working days is standard for bank transfers, and there is nothing the bookie can do about this.
There are no fees, and the bookie does not specify what the maximum amount permitted for withdrawal is. The minimum, however, is set at £10. Upon speaking to customer service, we were informed that no upper limit is in place. So, any restrictions would come from the bank.
For significant sums of cash, for example six figures, the secure nature of this method could suit you.
Paddy Power Withdrawal Time With Instant Bank Transfers – Immediately
Instant Bank Transfers are available at Paddy Power, for both mobile and desktop users. This allows you to link your bank account directly to your Paddy Power account, combining security and speed.
The process should be instant and, depending on your bank, you should be able to move large sums. Your first withdrawal may take up to 90 minutes to process. However, any subsequent withdrawals should be immediate.
Paddy Power Withdrawal Time With Paypal – 12 to 24 hours
Paypal is, arguably, the most recognised e-wallet out there. However, if you deposit via PayPal, you will not be eligible for the welcome bonus, as this is standard policy for e-wallets across the industry to prevent people setting up multiple accounts.
Paddy Power states that the withdrawal time is 12 to 24 hours. In practice, you can have your cash in four or five hours, while it will take the full 24 hours in especially busy periods. There is no maximum figure for withdrawals and the minimum is set to £1. Additionally, there are no fees charged when depositing and withdrawing with PayPal.
Paddy Power Withdrawal Time With Mastercard – 2 to 5 days or 1 to 4 Hours
The first thing to remember is that we are talking about Mastercard debit cards. Like all licensed bookmakers on the UK market, Paddy Power no longer accept credit cards, after the UKGC banned them in April 2020.
Mastercard are a solid, reliable payment method, with no fees, allowing you to have any funds in your account within 2 – 5 working days. There is a minimum withdrawal of £0.01 and no reference to maximum amounts.
At Paddy Power, Mastercard is eligible for instant withdrawals, meaning that you can access your money within four hours. However, you can only make 10 transactions up to a maximum of £1000 in a 24-hour period.
Paddy Power Withdrawal Time With Visa – 2 to 5 days or 1 to 4 Hours
With no fees, Visa is a reliable payment method and, like all debit cards, you’ll still be eligible for the welcome offer. The Paddy Power withdrawal time with Visa is 2 -5 days, however, Fast Funds, a fast payment system offered by Visa Money Transfer, enables you to transfer money from your bookie into your account almost instantly.
Upon testing, the process was complete within three days via standard Visa withdrawal and under four hours using Fast Funds. The 10 transactions limit in a 24-hour period applies, similarly to Mastercard’s instant withdrawals. Standard withdrawals are not capped, while the minimum withdrawal permitted is £0.01 for both (normal) Visa and Fast Funds.
Paddy Power Withdrawal Time With Skrill – 12 to 24 Hours
Skrill is one of the popular e-wallets available on Paddy Power. Withdrawals are quick and efficient, and your funds are generally with you in a few hours. The bookie does state, nonetheless, that during busy times it might take up to 24 hours.
Even though there are no fees associated, using Skrill to deposit means that you will not be eligible for the welcome bonus. No maximum amount is stated, while the minimum withdraw is set at £1.
Paddy Power Withdrawal Time With Neteller – 12 to 24 Hours
Neteller is another quick and efficient payment method available at Paddy Power. There are no fees, and its withdrawal time is 12 to 24 hours. In practice, this may end up being quicker, but busier times could require the full 24 hours. Minimum withdrawal is set to £1, and no maximum amounts are referred.
As is standard practice for e-wallets, you rule yourself out of Paddy Power welcome bonus if you deposit using Neteller.
How to Withdraw on Paddy Power
Withdrawing at Paddy Power is a straightforward process. Due to the bookie’s closed loop policy, we withdrew on the same debit card we made the initial deposit on.: The process, which is the same across payment methods and similar between desktop and mobile, is outlined below:
Key Paddy Power Withdrawal Factors
Although withdrawing at Paddy Power is efficient and quick , it is good practice to ensure that your account is well organised. This helps to keep the process smooth. Thus, these are the factors to be aware of:
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Net Deposits Rule: Also known as the closed loop policy, this is something to be considered across the industry. Net deposits are the difference between the total deposits and the total withdrawals you have made. Before you are able to withdraw any funds to other payment methods, you must withdraw at least the total amount deposited with your initial option. So, if you deposited £50 with a Visa debit card and want to withdraw £100 to your PayPal account, as the Visa is still -£50 for net deposits, you must clear this first. So, your £100 withdrawal would send £50 to your Visa debit and £50 to Paypal.
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Your account must be fully verified: Before any withdrawal, you need to ensure that your account is fully verified. Verification at Paddy Power can take up to 48 hours, therefore, if this is completed early, then there is the potential for less delays.
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Processing times: While Paddy Power withdrawals are quick, busy periods can see things take a little longer. Be aware that during weekends or bank holidays, and after popular events, things might take a little longer. Likewise, weekends are non-business days for banks, therefore this must be factored in.
Why Is My Paddy Power Withdrawal Pending Approval?
Sometimes, withdrawals can take a little longer than expected, and while Paddy Power is deemed as reliable and speedy, this can occasionally be the case. If your withdrawal is pending, it could be due to one of these reasons:
If you go to withdraw in the aftermath of a big event or on a weekend or bank holiday, then Paddy Power withdrawal time could increase due to high demand.
If you put through several withdrawal requests at the same time, then this will see things slow down and your request will take longer to process. The same applies with large transactions.
If the name on your account and on your chosen payment method do not match, then this might increase withdrawal times at Paddy Power.
Paddy Power Unaccepted Withdrawal Methods
Paddy Power boasts a comprehensive list of payment methods. Like all other UK gambling platforms, credit cards have been banned by the UKGC since April 2020. These are some other methods that are not available:
Google Pay: While Paddy Power accepts Apple Pay for both deposits and withdrawals, Google Pay, the Android equivalent, cannot be used.
Paysafecard: Like many other bookies, Paddy Power offers Paysafecard as a deposit method. It is possible for operators to use Paysafe as a withdrawal method, but Paddy Power chooses not to. You will be directed to a bank transfer instead.
ThePuntersPage Final Say
Paddy Power withdrawal times are generally quick. The bookmaker has a good range of withdrawal methods, and the process is efficient. All things considered, if you don’t want to withdraw more than £1000 in a day, then Fast Funds takes some beating, for speed and security. You can get access to your funds for free, on the same day and on a secure site, while enjoying a great betting experience.
Paddy Power Withdrawal Time FAQs
Paddy Power withdrawals range from instant, with Instant Bank Transfer, to 2 to 5 working days, with debit cards, and 1 to 5 working days, with a standard bank transfer. Check out our table for more details.
Yes, cash out is available at Paddy Power, so you can secure winnings or cut your losses.
Your Paddy Power withdrawal could be pending for several reasons. It could be down to making multiple withdrawals at the same time, your account name not matching with the name on your card, or a large transaction that needs to be thoroughly checked.
You can withdraw as little as a penny with debt cards at Paddy Power.
Apart from Visa Fast Funds and instant payment with Mastercard, where you are limited to 10 transactions per day, with a limit of £1000, Paddy Power customer service states that there is no upper limit for withdrawals.
Instant Bank Transfer, instant payment with Mastercard and Visa Fast Funds are the fastest withdrawal methods at Paddy Power.
