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Fees for PayPal Deposits and Withdrawals

PayPal fees at online casinos can seem

confusing at first. However, we break down the 💱 fees you may across while playing here

so that you have all the information you need in one place:

PayPal Casino 💱 Site Fees

To

discuss fees, we need to bear in mind the difference between the fees charged by PayPal

for deposits 💱 and withdrawals, and those charged by the casino site. From the PayPal

casino’s side, deposits are usually free, but this 💱 varies from site to site. Some may

charge a “deposit fee”, but this is rare. For withdrawals, many casinos do 💱 not charge

any fees either when you use PayPal, although you may find exceptions.

PayPal Deposit

Fees

In the US, PayPal will 💱 not charge you anything when you’re using your existing

account balance or an electronic funds transfer from a bank account. 💱 When you deposit

cash as a personal payment via debit or credit card, there is a 2.9% fee +R$0.30 of 💱 the

total amount sent.

PayPal Withdrawals Fees

When it comes to withdrawals, charges may

apply depending on where you withdraw your PayPal 💱 funds to. Once you have your casino

winnings in your PayPal account, you can choose to send them to a 💱 bank account or debit

card, two of the most preferred options for withdrawals. Depending on your location,

PayPal does not 💱 charge a fee to transfer funds to your linked bank account. This

applies, for example, to Australia and bank accounts 💱 in AUD. To send money to a USD

denominated bank account, there’s a fee of 2.5% of the transfer value.

PayPal 💱 Currency

Conversion Fees

If you need to convert the currency of your funds to do this, currency

conversion fees will apply 💱 too. For debit card withdrawals, you’ll pay a fee of 2% of

the value of the withdrawal, with minimum and 💱 maximum amounts set by currency. On the

plus side, withdrawals to your debit card are quick. Bank account withdrawals take 💱 at

least one business day.

As you can see, some of these fees from PayPal’s end can take

quite the chunk 💱 off your casino winnings, and this is why some players will prefer

other payment methods. Fees may change depending on 💱 the jurisdiction or country you’re

gambling from, so always check the PayPal charges you may need to deal with before

💱 depositing and withdrawing money at an online casino.

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