The U.S. market-share leader in online sports betting and iGaming will soon restrict customers from funding accounts through credit cards nationwide.
Key Takeaways
- FanDuel will only allow customers to fund accounts through their bank or debit cards beginning March 2.
- The change will help customers save on transaction fees and charges.
- DraftKings also implemented a credit-card restriction nationwide last year.
Flutter-owned FanDuel confirmed the change with Covers on Wednesday. It will take effect on March 2.
Enjoying Covers content? Add us as a preferred source on your Google account“Over the last few months, FanDuel has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our Sportsbook, casino, and racing product in the United States,” a FanDuel spokesperson said. “This change was made to improve the deposit experience for our customers.”
Reducing rates, issues
FanDuel said credit cards have higher rates and fee charges than other methods. Customers will only be able to fund their accounts through their bank account or debit card. Credit cards connected to Apple Pay, Venmo, and PayPal will also be restricted.
Previously, FanDuel only prohibited credit-card funding in Ilinois, Massachusetts, Tennessee, Connecticut, and Vermont because of those states’ regulations. Applying this restriction to all jurisdictions will also cut down on issues customers have with account funding when traveling from state to state and avoid regulatory concerns.
DraftKings, which ranks second behind FanDuel in U.S. market share, applied the same nationwide restriction in August 2025, calling it a “strategic business decision” that helps customers avoid higher fees and charges.
Staying on top
FanDuel is one of the most popular gaming brands in America. The sports betting and online operator captured 47% of the net gaming revenue share in the U.S. during the third quarter of 2025, growing average monthly players by 5%.
FanDuel launched a prediction market platform in December that’s available in all 50 U.S. states. However, the gaming company only offers sports event contracts in 18 states where it doesn’t hold a sports betting license.
The online operator recently invested $100 million in responsible gaming programs and launched “Play with a Plan,” an initiative that helps customers make better gambling decisions.
