One of the most important qualities an online casino must possess, in our opinion, is a fast withdrawal time.
Winning money is easy enough, but getting it onto your bank or E-wallet account quick and without hassle is a major step that most players sadly overlook. When you win a nice amount of money, you want those funds in your account as soon as is possible.
So, before we decide to play at an online casino for real money, there are 4 important criteria that we always use to evaluate said casino:
- How reliable is the casino?
- How good is the games selection?
- Is the welcome bonus worth taking?
- How fast are withdrawals processed?
We test 3 online casinos: how fast are their payout times?
In this article we focus on the last criterium: how fast does the casino process money withdrawals? And which reliable online casino has the fastest payouts? To make a fair comparison, we have selected 3 online casinos that all score high marks on the first 3 criteria.
However, if we look at how fast these casinos pay out, we see some remarkable differences. To paint the complete picture, we have also assessed transaction costs, maximum payouts and how the casino’s advertised payout times compare to the real payout times.
How fast are payouts processed at Leo Vegas?
Leo Vegas is, without a doubt, one of our favourite online casinos. Their slots selection is exceptional, and the Leo Vegas mobile site is excellent. The customer service is friendly and professional at Leo Vegas.
Every process at Leo Vegas is geared towards optimising your player experience. That goes especially for the payments and withdrawals. For example, you can deposit new funds without having to leave the game you are playing, and a plethora of deposit options are available. Withdrawing funds is as easy: it takes no more than a few seconds.
What is the maximum amount you can withdraw at Leo Vegas? Leo Vegas offers a maximum withdrawal of £100,000 per month. If you are a VIP player in the highest category, the maximum payout is £300,000 per month.
What is the minimum amount you can withdraw? £10.
Are there any costs to withdrawals? The first 3 withdrawals per month are free of charge. You are charged a £3 withdrawal fee for each additional time you make a withdrawal.
How fast are the advertised payout times? Withdrawals are processed within 3 to 5 working days at Leo Vegas.
How fast are payout times in practice? In our own experience, withdrawals are processed within 24 hours.
How fast are payouts processed at GUTS?
GUTS is a fantastic online casino that offers superb service and super fast payments. Regarding withdrawal times, GUTS processes each payout within 120 minutes, including weekends. These payout times are every casino player’s dream, which is why GUTS attracts a lot of loyal players, including its fair share of high rollers. Depositing and withdrawing funds is a straightforward and quick process at GUTS casino. Just the way we like it.
What is the maximum payout at GUTS? GUTS has a maximum payout of £5,000 per transaction.
What is the minimum withdrawal amount? £20.
Are there any costs to withdrawals? This is one aspect where GUTS does not score well. A fee of £2,50 is charged with every withdrawal.
How fast are the advertised payout times? GUTS will process every withdrawal within 120 minutes. And that includes weekends. Very impressive.
How fast are payout times in practice? Extremely fast. In our experience, GUTS Casino processes all withdrawals within 2 hours.
How fast are payouts processed at Vera & John?
Vera & John Casino is an online casino with a game selection that is nothing short of amazing. They offer more than 800 different online slots from the world’s best software providers such as WMS, Netent, Quickspin, Play ‘n Go and many, more. The distinct blue and pink design might take some getting used to but don’t let that put you off. Vera & John is one of the best online casinos around, with an excellent loyalty programme which offers players a shop where they can exchange coins for free spins, free bonus rounds and free play.
Depositing and withdrawing funds is a bit more elaborate at Vera& John than at Leo Vegas for instance, as you need to leave the game you are playing to visit the cashier.
What is the maximum payout at Vera & John? The highest allowed payout at Vera & John is £5,000 euro per transaction and £100,000 euro per month.
What is the minimum withdrawal amount? £10.
Are there any costs to withdrawals? All withdrawals above £50 are always free at Vera & John. The first two withdrawals of the month below £50 are free. From the 3rd withdrawal and onwards, a fee of £5 is charged.
How fast are the advertised payout times? Vera & John strives to process every withdrawal within 24 hours but gives no guarantees.
Hoe fast are Vera & John really? Excellent. Vera & John handles most, if not all withdrawals within one hour. We have had the money on our E-wallet account and even on our bank accounts within an hour numerous times. Incredibly fast.
Which online casino has the fastest payouts?
GUTS advertises the fastest payout times and manages to come through on their promise, processing each withdrawal within 120 minutes.
However, in our experience Vera & John Casino is even faster, often processing our withdrawals within one hour. No pending withdrawals, no unnecessary waiting times, no stalling. Vera & John transfer your winnings to your account at lightning speed.
Leo Vegas is a very reliable and customer friendly casino but takes just a little longer to process payouts. Their fee structure is more attractive than Vera & John and GUTS, as there are no fees on the first three withdrawals of the month.
Conclusion: Vera & John has the fastest payouts and no fees on all withdrawals over £50. GUTS processes all payouts within 120 minutes but adds a small charge of £2.50 to every withdrawal. If you are satisfied with longer payout times, Leo Vegas offers the best conditions.
Our choice: visit Vera & John for a 200% bonus up to £100 plus 100 bonus spins.