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Fanatics Banking: Deposits, Withdrawals, & Payout Speed

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Over first 10 days after signing up

Fanatics Sportsbook Banking

  • Deposit Options: Online bank transfer, Instant bank transfer, Debit card (all major providers), PayPal, Venmo, Apple Pay, Wire, Cash @ cage
  • Minimum Deposit: $5
  • Withdrawal Options: Online bank transfer, Debit card (all major providers), PayPal, Venmo, Check, Wire
  • Minimum Withdrawal: $1
  • Payout Speed: Up to 3 business days

Deposit & Withdrawal Methods

Payout Speed

Up to 3 business days

Fanatics Sportsbook offers plenty of banking options for players and reasonably fast payout speeds. Whether you prefer using a card, bank transfer, PayPal, or another method, Fanatics has got you covered. 

I've only made a few Fanatics withdrawals so far, but when I have, I've gotten my money within 24 hours. A few times, I've gotten my money in just an hour or two—which is really nice, especially if I'm moving money to another sportsbook app.


Fanatics supports 8 deposit methods. All are instant except wire transfer which may take up to 2 hours.

The minimum deposit is $5 for all methods except wire transfer which is $5,000.

Deposit Method

Minimum Deposit

Processing Time

Online Banking$5 Instant
Debit Card (all major providers)$5 Instant
PayPal$5 Instant
Venmo$5 Instant
Apple Pay$5 Instant
Instant Bank Transfer$5 Instant
Wire Transfer$5,000 Up to 2 hours
Cash @ Cage$5 Instant

Withdrawals & Payout Speed

Most of the deposit methods Fanatics offers can also be used for withdrawals. Fanatics says payouts may take up to 3 business days for most methods, but I've always gotten my money within 24 hours—sometimes within just a few hours.

Fanatics offers an interesting tool you will not find at other sportsbooks: a withdrawal tracker. It helps you track where your request is in the process and gives you a good idea of when you’ll receive your money.

Withdrawal Method

Min Withdrawal

Processing Time

Online Banking$1 2-3 business days
Debit Card$1 2-3 business days
PayPal$1 2-3 business days
Venmo$1 2-3 business days
Check$1 7-10 business days
Wire Transfer$5,000 Up to 24 hours

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