FanDuel has informed users that it will cease accepting credit card deposits on its platform within the United States, starting from March 2. This update impacts users of FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing, following a similar move by DraftKings last August.
This shift occurs amidst growing scrutiny regarding credit card usage in online gambling. Recently, Sen. Elizabeth Warren, the senior member of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to FanDuel’s CEO, Amy Howe, seeking details about the company’s credit card policies and emphasizing potential risks associated with hidden charges.
“Effective March 2, 2026, FanDuel will stop offering US credit card deposits for Sportsbook, Casino, and FanDuel Racing,” the company announced on its website. “This applies to credit cards linked through Venmo, PayPal, and Apple Pay. Customers can alternatively link their debit cards or bank accounts.”
“In recent months, FanDuel has been reviewing the payment options available to our customers and decided to eliminate credit cards as a deposit method for our Sportsbook, Casino, and Racing offerings in the United States,” the sportsbook stated. “This change aims to enhance the overall deposit experience for our users.”
The firm added that users can request refunds for any previous credit card deposits made.
While other sportsbooks and online casinos continue to accept credit cards, FanDuel’s decision may indicate a broader market trend. Numerous states, including Connecticut, Illinois, Massachusetts, Vermont, and Tennessee, already ban credit card deposits for online gambling.
Warren’s letter cautioned that using credit cards for deposits is frequently considered cash advances, incurring additional fees and interest charges that users may not foresee.
“Many users are not aware of the fees and costs associated with this form of credit card use, which can lead them into financial difficulties when wagering,” she wrote. “For instance, users have reported not realizing that using their credit card for bets on a sports gambling site would be classified as a cash advance, leading to extra fees and interest.”