Coral deposit methods: All you need to know about payments for UK players

If you’re thinking about joining Coral as a new player, it’s good to get an idea of things before you get started, especially when it comes to deposit methods.

In this Coral deposit guide, we’ll be going through all of the currently accepted Coral deposit methods, giving you the lowdown on how to deposit, how much you need to deposit to claim the Coral welcome bonus, and how to claim bonuses.

We’ll also touch on withdrawal options so you know the full picture before getting started. Read below for all necessary details regarding Coral deposit methods.

Common Coral deposit methods

Before we go any further, let’s look at the most common Coral deposit methods:

Debit cards

Debit cards offer users a fast, convenient and safe way to deposit funds into their Coral accounts. Most online sportsbooks facilitate payments from a variety of Debit card providers and that’s no different at Coral.

Right now, Coral players can deposit funds using debit cards provided by VISA, MasterCard and Maestro. Depositors using debit cards must deposit a minimum of £10 with each deposit, while credit card deposits are not accepted.

PayPal, Neteller, Skrill

Online wallets such as PayPal, Neteller and Skrill are also very popular in the online betting world, including at Coral, where all three options are permitted.

Using something like PayPal allows users to pay via an online wallet that is speedy, safe and highly trusted. Online wallets are a convenient way for users to fund online activities such as partaking in sports betting at Coral.

Apple Pay

For mobile users, Apple Pay is rapidly becoming one of the most popular payment methods. Most iPhone users have their bank account linked to their Apple Pay account, which allows them to make rapid payments in as little as one click.

Common deposit problems at Coral

There are few problems that Coral depositors may encounter. These are as follows:

Deposit limits

One reason why a user may not be able to deposit at Coral is deposit limits. For example, each account has a generic monthly deposit limit of £500. If you’ve maxed out your monthly deposit limit, then you will not be able to deposit until it resets at the beginning of the next month. You can request an increase in deposit limit by contacting customer support, though for this to be approved, you will need to provide proof of funds.

Account verification

Deposits can sometimes be blocked thanks to a lack of account verification. We advise all new players to ensure that they have completed all of the verification steps before attempting to deposit.

Insufficient funds

Your deposit may be refused if your chosen deposit method has insufficient funds. For example, if you’re using a debit card to make a £50 deposit, but your bank account only contains £45, your deposit will be refused. It’s a good idea to confirm that you have enough funds before attempting to make a deposit.

Connectivity issues

Other deposit problems could stem from connectivity issues. For example, if you’re using a mobile device and you lose your connection to the internet whilst depositing. When attempting to deposit, try to ensure that you’re either connected to stable WiFi or are in an area with reliable 5G connectivity.

Full breakdown of all Coral deposit methods available

Here is a full breakdown of the deposit methods currently on offer at Coral:

Deposit method	Minimum deposit	Withdrawal time
VISA Debit	£5.00	1-3 working days
MasterCard Debit	£5.00	1-3 working days
Maestro Debit	£5.00	1-3 working days
PayPal	£10.00	Up to 24 hours
Paysafecard	£5.00	1-3 working days
Neteller	£10.00	1-3 working days
Skrill	£10.00	1-3 working days
Instant Bank Transfer	£5.00	Up to 24 hours
Google Pay	£5.00	Up to 24 hours
Apple Pay	£5.00	Up to 24 hours

As we can see from the table above, there’s a decent variety of payment options available to Coral users. This level of choice means that most players should be catered for in a deposit sense.

Coral first deposit bonus

New players at Coral will get £20 in free bets when they register, deposit and bet £5 on sports. See below for more details on the Coral sign up offer.

All you need to do to get £20 in free bets is register as a new Coral user, before making a £5 deposit. Once you’ve deposited, simply place a £5 bet at odds of 1/2 or more, on any sports market, and you’ll receive £20 in free bets. The free bets will be paid as four separate £5 bet tokens, which can be used on any sports markets.

Coral first deposit bonus terms and conditions:

• Open to new customers only.
• New players must be 18 years or older and verify.
• Deposits made via Neteller, PayPal or Skrill do not count.
• First deposit must be at least £5.
• First bet must be placed at odds of 1/2 (1.50) or greater.
• Free bets will be paid after settlement of your qualifying bet.

Which deposit method is best for you?

Here’s the question: Which deposit method is best for you? To answer this question, you need to find out what sort of player you are. For example, if you’re a mobile player that prefers speed and convenience over all else, then Apple Pay is likely going to be your deposit weapon of choice.

On the other hand, if you’re playing on a desktop and like to take your time, then using a debit card such as VISA or MasterCard is probably more up your street. Deposit methods are all about personal preference. Fortunately, as there’s plenty of choice at Coral, most players should have their deposit preference met.

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