How To Make A DraftKings Credit Card Deposit

Last Updated:

In this video tutorial, we’ll show you how to deposit funds into your DraftKings Sportsbook using the debit or credit card method.

Play Video Clip

Step 1: Check your account balance

Once you have the DraftKings Sportsbook App opened and are logged in, the first step is to click on your account balance at the top right of the screen.

Play Video Clip

Step 2: Select your deposit method

That will take you to the deposit page. The second step is selecting your depositing method. In this tutorial, we will select the Debit or Credit card option.

Play Video Clip

Step 3: Enter your deposit amount

After selecting the debit or credit card option, the third step is to enter the amount you want to deposit and the card information. Make sure to enter your card information exactly how it is written on your debit or credit card.

Play Video Clip

Step 4: Deposit your funds

Once you have entered all your card information, the 4th and final step in the depositing process is clicking the deposit now button.

Congratulations, you have successfully deposited money into your DraftKings Sportsbook account using a debit or credit card!

How To Make A DraftKings Credit Card Deposit FAQ

Can I deposit to my DraftKings sports betting account with a credit or debit card?

DraftKings allowed users to deposit funds into their sports betting accounts using credit or debit cards from most major banking institutions in many jurisdictions. Credit card deposits were a common and convenient payment method for adding funds to a DraftKings account.

Please keep in mind that credit card policies and regulations may vary depending on your location and the specific rules of DraftKings. Additionally, some credit card issuers may treat deposits to an online sportsbook account or gaming platforms as cash advances, which can incur additional fees or higher interest rates. It’s always a good idea to check with your credit card provider to understand any potential implications before making a deposit.

Also note that credit and debit card deposits can come with a relatively high rejection rate from the issuing bank, compared to other DraftKings payment methods.

Why is my DraftKings credit card deposit not working?

There could be several reasons why your DraftKings credit card deposit is not working. Some common issues include:

Credit card restrictions: DraftKings might have restrictions on certain types of credit cards or credit card issuers. Some credit card companies do not allow transactions related to gambling or gaming platforms, which could be the reason for the deposit failure.

Insufficient funds: If you do not have enough available credit on your credit card to cover the deposit amount, the transaction will be declined.

Incorrect card details: Double-check that you have entered the correct credit card information, including the card number, expiration date, and security code (CVV).

Card expired: If your credit card has expired, the transaction will not go through. Make sure your card is still valid.

International transactions: If you are trying to deposit from a country or region where DraftKings is not available, or if your credit card company has restrictions on international transactions, the deposit may be declined.

Security concerns: Sometimes, credit card companies or banks may flag certain transactions as potentially fraudulent. If this happens, they might block the transaction until you verify it’s legitimate.

Daily limits: Some credit cards have daily transaction limits. If you have already reached your daily limit, you won’t be able to make any more transactions until the limit resets.

DraftKings server issues: It’s also possible that the issue might be on DraftKings’ end. Their servers might be experiencing temporary technical problems that prevent successful credit card transactions.

To resolve the issue, you can try the following steps:

Double-check your credit card details and ensure they are accurate.

Verify that your credit card has not expired and has enough available credit to cover the deposit.

Contact your credit card issuer to check if they have any restrictions on transactions with DraftKings.

If you’re making an international transaction, notify your credit card company in advance to prevent potential blocks.

Consider using an alternative payment method, such as a different credit card, debit card, online banking (bank transfer from your personal bank account transaction), PayPal account or e-wallet service.

What payment method options does DraftKings accept?

DraftKings accepts various forms of payment to fund your account. The specific payment methods available may vary depending on your location and the regulations in place. Here are some common payment methods that DraftKings typically accepts:

Credit/Debit Cards: DraftKings often accepts major credit and debit cards, such as Visa, Mastercard, American Express, and Discover. However, as mentioned earlier, some credit card issuers may have restrictions on transactions related to gambling or gaming platforms.

Bank Transfers: You can link your bank account to your DraftKings account and make deposits or withdrawals via electronic bank transfers.

PayPal: DraftKings frequently offers PayPal as a payment option. If you have a PayPal account, you can use it to deposit funds into your DraftKings account securely.

Other E-wallets: Depending on your location, DraftKings may accept other e-wallet services like Skrill or Neteller.

Prepaid Cards: Some prepaid cards may be accepted for deposits, provided they are eligible for online transactions.

Play+ Prepaid Card: DraftKings offers its own prepaid card called “Play+,” which allows users to deposit funds into the card and then use it for transactions on the site. The DraftKings prepaid card offers a nearly 100% success rate on deposits, making it one of the most reliable deposit methods.

ACH (Automated Clearing House) e-checks: This method allows you to transfer funds directly from your bank account using electronic checks. DraftKings Sportsbook uses the VIP Preferred e-check service for ACH deposits.

Wire Transfers: DraftKings may accept wire transfers for larger deposits or withdrawals to and from your DraftKings betting account.

Please note that the availability of these payment methods and their specific terms may change over time. It’s always a good idea to check the DraftKings website or contact their customer support to get the most up-to-date information regarding accepted payment methods for your location.

Access our full library of DraftKings help articles for more information or read our detailed DraftKings review. You can also jump straight to our list of the best sportsbook promotions for your state.

Betting Hero Help Center

Sean KeenanSean Keenan
I am a baseball fanatic with an interest in sports betting. My goal is to help customers better understand what they're betting on and how to place those bets.
Betting Hero Hotline

We Help Bettors

Anywhere, Any App, Any Time