Top Fast Withdrawal Online Casinos in Ireland 2021

Fast Withdrawal Casinos Explained

As the name suggests, fast withdrawal casinos offer their customers fast or even instant payout times. This is the time it takes from the moment a customer makes a withdrawal request to the moment their cash is received in their account. Traditional banking methods at online casinos, such as credit and debit cards, can have withdrawal times as long as five working days at some online casinos.

PayPal users typically experience quicker withdrawal speeds, with casinos that offer support for PayPal and other e-wallets such as Neteller and Skrill often delivering quicker payouts within 24 hours. Using e-wallets removes the need for bank approval of any transactions, which usually only occur on working days.  

Know Your Customer Checks

Know Your Customer (KYC) checks are a legal requirement for licenced casinos on all casino transactions. KYC checks require online casino sites to carry out customer verification processes at the point of transaction, which includes the verification of identity and payment method. These checks are implemented to prevent underage gambling and verify the source of funds to create a fair environment for gamblers. 

Since gambling sites are able to draw on extensive databases to find the relevant information, KYC checks are mostly automated, but this varies from site to site. Manually satisfying these checks might involve submitting some form of photo ID, a bank statement, or a recent utility bill to provide proof of address. These checks usually occur when you open an account. Failure to complete KYC usually results in restrictions being placed on your account.

How We Rate Fast Withdrawal Casinos

We take a comprehensive approach to reviewing the best online casinos around, and we also believe that it’s important for our users to understand the process behind the rankings. 

Payout Speed

Fast withdrawals are a huge draw for all online casino players, and payout speeds are a major factor for all of our reviews. We take a look at a casino’s withdrawal pending times, their estimates for different payment options, and any other contextual details such as how quickly jackpot payouts take to be approved. 

Licence

There will never be an unlicensed operator listed on TopRatedCasinos.ie, so you can be sure that every site we highlight in our rankings is regulated, regularly audited, offers fair games and protects your transactions.

Reputation

Player opinion is one of the best indicators of how effective an operator’s offering and setup is, so we keep our ears to the ground for any shifts in a site’s reputation amongst its playerbase. 

Deposit and Withdrawal Options

Another major consideration is how many payment options are accepted by each site, with a wider range being more player-friendly and likely to open the doors to faster payouts via ewallets.

Bonus Terms and Conditions

Welcome bonuses and promotions are often the cherry on the cake for many players, but it’s always important to understand the terms and conditions for each freebie and offer. Wagering requirements, the number of times a bonus’s value must be played before unlocking withdrawals, can range from non-existent to steep, for example, so we make sure that our recommendations factor in such matters.

Support

Even the very best sites will see the occasional issue arise that players need help with. The accessibility and availability of customer support is therefore something we always look at when ranking online casinos — after all, the sooner an issue is resolved, the sooner you can get back to enjoying the games on offer.

Games

Every site has a varying number of games available, as well as differences in the software developers represented by their libraries. We take a look not just at how many games and categories are available, but who made the games, what their reputation is like and what the overall quality of the games offered is like.

Bonus

Every top online casino will offer an introductory welcome bonus to draw new players in, and every operator approaches things slightly differently. We look at the relative value of each bonus, their terms and conditions, and what you can use the bonuses on to assess who’s offering the best incentives.

Factors that Affect Casino Wait Times

One of the few drawbacks to playing at online casinos over land-based establishments is that withdrawal processing takes a little longer. There are a few factors that impact how quickly you’ll be able to access your winnings once you’ve made a withdrawal request, as we detail below.

Casino Processing Times

Once you have made a withdrawal request, your casino will then need to review, process and approve the transaction. Each operator is different in this regard, with some promising a 24-hour turnaround and others requiring several days to get things sorted. Fast withdrawals are becoming increasingly common, with sites coming under pressure from the competition to deliver player winnings as quickly as possible.

Your Chosen Payment Method

Different payment methods have varying payout speeds. Traditional payment methods tend to be slower, with wire transfers and card payments generally taking 3-5 days or more. Ewallets, alternatively, tend to be faster, typically ranging from instantaneous to 48 hours.

Withdrawal Limits

Operators generally place limits on how much a player can withdraw over a specified timeframe, whether that be days, weeks, or months. You may, for example, have a withdrawal limit of €5,000 per day. As a result, your withdrawals may be staggered to accommodate these limits. Sites occasionally raise or waive these limits for VIP members or jackpot winners, although this is dependent on the operator in question and their terms and conditions.

Jackpots

Some operators have longer processing periods for jackpot winnings to ensure the funds have been claimed legitimately, although this again varies between different sites. Be sure to check the terms and conditions of your operator of choice to make sure you’re aware of their specific way of doing things.

Which Payment Methods Offer the Fastest Withdrawal Times?

Each payment method available at online casinos offers a different lead time for deposits and withdrawals. Below is a brief breakdown of what to expect timewise from each option.

Bank Cards

• Deposit: Instant
• Withdrawal: 3-5 working days

While they’re the most commonly available and popular payment method, bank cards can be a little slow for withdrawals. You can typically expect to wait 3-5 days for funds to be put in your account, on top of your casino’s own withdrawal approval time. Bank cards are a quick and easy way to make payments, and the likes of Visa add further security measures to keep your transactions secure.

E-Wallets

• Deposit: Instant
• Withdrawal: Instant

Ewallets are a great choice for players looking to make withdrawals as quickly as possible. Once you’re through your operator’s withdrawals process, funds will ordinarily be made immediately available in your ewallet of choice. Ewallets are often considered to be a more secure option than bank cards, as you only need to enter your email address into your online casino’s banking portal to set payments up. Not only that, but many ewallets have additional security layers and fraud protection capabilities to help you play with confidence.

Bank Transfer

• Deposit: Instant
• Withdrawal: 3 to 5 working days

Bank transfers, sometimes known as BACS payments or wire transfers, may take slightly longer than bank card processing, depending on your bank’s own processing setup. This method can also be subject to charges depending on your bank and your account type, so be sure to read your bank’s terms and conditions before settling on bank transfers as your payment method of choice.

Credit Cards

• Deposit: Instant
• Withdrawal: 3-5 working days

Like debit cards, credit cards offer instant deposits, but payout times are much slower than other methods. While credit cards have been one of the most widely accepted and commonly used banking methods at online casino sites for a long time, Flutter recently banned their use at their casinos, and it’s expected that more operators will soon follow suit. Credit card payments were also banned by the UKGC in April 2020.

Trustly

• Deposit: Instant
• Withdrawal: Instant – 24 hours

Swedish company Trustly acts as an intermediary between banks and operators, meaning you can make quick, secure payments without exchanging any personal data. There’s no need to register an account if you use Trustly, as it processes payments straight from your bank account. Just watch out for fees, which are unlikely to be charged by your online casino, but may be added by your bank. 

Cryptocurrencies

• Deposit: Instant
• Withdrawal: Instant

Licensed casinos that offer support for cryptocurrencies like Bitcoin are few and far between. With a cryptocurrency, there is no third-party involvement whatsoever, meaning that transaction processing times are instant in both directions, with high limits on both. However, if you’re interested in using cryptocurrency payments, you should conduct some research first – their volatility means they aren’t as stable as trading with real money, and you won’t receive any customer support services.

How Do I Withdraw Funds from an Online Casino?

Once you’re ready to make withdrawals, either because you’ve cleared your wagering requirements or feel that the time’s right to turn your on-site wallet into real cash, simply head over to your site’s banking portal and request a withdrawal. The withdrawal will usually be applied to the same payment method you used to make a deposit, but some sites will ask how you would like the cash to be returned to you on request. If you used a prepaid card like Paysafecard or phone bill option like Boku to make a deposit, you will need to enter an alternative payment method to make your withdrawal. Once you’ve requested a payout, sit back and wait for your online casino and payment provider to process the withdrawal, and your funds will be available either the same day or, typically, within five working days.

After following this common process with fast withdrawal casinos, you should see that your withdrawal is shown as ‘pending’ in your account. You must then wait until the money lands in your account, but since the fastest payout casino sites are shown right here you won’t need to wait very long, if at all.

Instant Withdrawal Casinos

Instant withdrawal options are becoming more popular and common all the time, so there are plenty of options out there for players looking to withdraw their winnings as soon as possible. If they’re offered by your online casino of choice, there are a few things you must do to be eligible for these rapid payouts.

Instant Withdrawal Casino Bonuses

Here’s a quick run-through of the most common bonuses and promotions you’ll encounter at top fast withdrawal casinos.

Matched Deposit Bonuses

One of the most common welcome bonuses you’ll find are matched deposits. They’ll usually look something like this: 100% up to €200. This means that, up to €200, the casino will double your first deposit at no extra cost. You could therefore, deposit €200 and get your wallet topped up to €400. These bonuses almost always come attached to wagering requirements, meaning you must play the value of your bonus a certain number times in order to make withdrawals. Each operator is different, so be sure to read the terms and conditions before settling on a matched deposit bonus.

Reload Bonuses

Once a player has signed up, received their welcome bonus, and started playing, the site will be keen to incentivise them to stick around. Reload bonuses, simply put, are bonuses applied to any further deposits you make, and the shape they take depends on the casino in question. You may get a matched deposit, free spins, free bets, or another site-specific bonus that will reward you for becoming a casino regular. 

Free Spins Bonuses

Free spins are, as you might have guessed, wager-free spins on a selection of slots. This freebie typically comes as the garnish for your welcome bonus, or you may be given a set number of free spins as a weekly bonus for use on the likes of Starburst and Gonzo’s Quest.

No Deposit Bonuses

Most bonuses are only doled out to players as they make deposits, but there are often deposit-free options out there. New sites, in particular, tend to offer no deposit bonuses as a risk-free way for players to try out their offering before committing with their first deposit. These bonuses tend to be very small, but they’re a player-friendly way to acclimate yourself with a new operator. Low wagering casinos are certainly more common, and they can be a pleasant middle ground if you’re struggling to find a no deposit bonus that works for you.

Rebate Bonuses

Rebate bonuses are awarded when you lose a wager or bet, letting you recoup a percentage of your losses to be used again. For example, you might get 15% of your stake back if you lose a hand of blackjack as a rebate bonus.

Wager Free Bonuses

While most bonuses come with wagering requirements attached, wager free—or ‘no wagering’—bonuses have no such restrictions placed on them, meaning you can make withdrawals against your bonus straight away. As with no deposit bonuses, these tend to be small token bonuses, but they’re a welcome bankroll boost nonetheless.    

VIP Bonuses

Most top online casinos have a dedicated VIP programme set up to reward their most loyal players. Some sites are public about their membership parameters, meaning you can either step onto the bottom rung from the day you sign up and work your way through a set of tiers, or at least have an understanding of what you’ll need to do to become eligible for the programme. Alternatively, the site of your choice may have an exclusive, invite-only VIP structure, with the requirements for membership kept under tight wraps.

Low Wagering Bonuses

Wagering requirements are often tied to a matched deposit offer and usually sit somewhere between 25-40x the value of a stake, but low wagering bonuses can significantly reduce this number. With these bonuses, the lower the better! Look out for other conditions applied to low wagering bonuses, such as a 30-day expiry. 

Cashbacks

Online casinos with fast withdrawals often offer cashback bonuses – a monetary return from a lost wager at a percentage of your stake. This percentage is typically around 10% and almost always has a limit, but the value of cashback bonuses can be boosted by VIP memberships.

Wagering Requirements Explained

Wagering requirements are a common condition of online casino bonuses. They place a requirement on how many times you must wager a bet associated with bonus funds by multiplying your stake at a specified rate. 

Here’s an example. Let’s say you’ve received a £10 free bet with a 40x wagering requirement. This means you’ll need to wager a further £400 (10 x 40) before you’re able to collect any of the winnings from your £10 bet.

When wagering requirements are attached to free spin bonuses, they work slightly differently. Here, the wagering requirements will apply to the winnings generated by your extra spins. For example, if you won £20 with a free spin bonus at the slots, again with a 40x wagering requirement, you’ll need to bet a total of £800 (20 x 40) before your bonus is available as withdrawable cash.

Remember that the value of a bonus should not be thought of simply in terms of its monetary worth, but by reviewing the terms and conditions and finding the bonus that gives you the best chance of winning money.