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FanDuel says it will stop taking credit card deposits for its Sportsbook, Casino and Racing platforms nationwide starting March 2, 2026. The change applies wherever it operates in the United States and covers every type of credit card financing, including cards connected through digital wallets such as Apple Pay, PayPal and Venmo.
Customers who currently use credit cards should switch to other options. The company directs players to alternatives such as debit cards, direct bank transfers and other approved payment methods listed on their accounts.
In a notice posted on his support pageFanDuel explained that it reviewed its payment offers for several months before deciding to make the move. The company said the removal of credit cards “will improve the deposit experience for our customers.”
The move puts FanDuel in line with arch-rival DraftKings, which launched its own national ban on credit card deposits in August 2025. Analysts who follow the industry say the decision reflects growing concerns about the added costs and complications that often come with credit-based transactions.
When bettors use credit cards to fund gambling accounts, card issuers often treat the payments as cash advances. That can trigger immediate interest charges, higher fees and additional costs that are sometimes described as “junk fees.” Those costs can quickly increase the real price of placing a bet.
Senator Warren praised FanDuel’s credit card move
US Senator Elizabeth Warren (D-Mass.) publicly welcomed FanDuel’s decision, framing it as a victory for consumers who don’t realize how expensive credit card deposits can be.
In a recent post on social media, Warren said he is pressing major sports betting companies over reports that customers have been hit with high payouts. He pointed to an example where a bettor faced a $10 “junk fee” to fund a $20 bet.
“Glad to see Fanduel take action to protect consumers from these junk fees, joined DraftKings. The rest of the industry should follow suit. “
His comments echo concerns raised by consumer advocates and some lawmakers who argue that credit card-funded gambling can increase financial risks, especially for players who have balances or don’t know the terms of the cash-advance.
Despite the steps taken by FanDuel and DraftKings, not all major operators are following suit. Companies, including BetMGM and Caesars, still allow credit card deposits in many states where they operate.
At the same time, regulators in some states have stepped in. Massachusetts, Iowa and Illinois have banned the use of credit cards for gambling deposits, and lawmakers in states like New York and New Jersey are considering similar bans.
FanDuel focuses on broader responsible gaming efforts as part of its approach. By “Play with a Plan” program, the company offers tools that allow users to track activity, set spending limits and receive deposit notifications.
Featured image: FanDuel
The post FanDuel is stopping credit card deposits nationwide on March 2 first appeared in ReadWrite.
