Fees assessed by bingo sites: None
Ease of use: 10/10
Best Bingo Sites that Accept PayPal
Each of these bingo sites accepts PayPal for both deposits and withdrawals. These are all safe places to play bingo online, but they’re listed in order starting with my favorite at the top.
PayPal has long been one of my favorite ways to pay for things online. Even before bingo came along, PayPal was the primary method I used to make purchases over the internet. Not only is it easy to use, but it seems everyone has an account. The latest statistics have it that more than 143 million people around the world are active users of the service.
There are several things working in PayPal’s favor:
- Billion-dollar company with a perfect track record for payments
- Easy to set up
- Easy to use
- Fast deposits and withdrawals
- Small fees
Bingo sites do not charge fees for PayPal deposits or payouts. The only time you’ll see a fee with PayPal is when you fund your account with a credit card (3.4 to 3.9%). In short, PayPal has what I like to see in a payment method: cheap, fast and easy.
How it Works
PayPal is classified as an e-wallet. In other words, it’s a safe place where you can store your money online. You link your bank account to your PayPal account so that you can transfer money back and forth between both. You can then use PayPal to make deposits, receive your winnings and transfer money to your bank.
You can get started by visiting PayPal.com to sign up for an account. You can then attach your bank account to PayPal and verify that you are the actual owner. PayPal typically verifies accounts by sending two small deposits to your bank account. You can then visit your bank or log onto your bank’s website to see the exact amount of those deposits. Go back to PayPal, log in and it will ask you to verify the amounts. Finish that and you have everything you need to play bingo anywhere PayPal is accepted.
Linking your bank account is optional but I recommend it. If you’re not ready for all that, you can always use PayPal to facilitate credit card deposits to the bingo site of your choice. However, there’s a 3.4 to 3.9% fee to doing it this way. My advice is to link your bank account to PayPal and avoid the fees. Plus, having your account linked to PayPal allows you to accept withdrawals from sites.
If this sounds a little complicated, don’t worry. PayPal walks you through every step of the way. It’s as simple as providing your account number, waiting a couple days for the verification deposits and then logging back in to PayPal to complete the verification.
The actual process of making a deposit is much simpler. You log in to your bingo website, visit the cashier and choose PayPal. You’ll be redirected to a secure PayPal page where you choose the amount to deposit and hit the “submit” button. You’ll be ready to play in minutes.
You can also use PayPal to withdraw your winnings. To do this, log in to your bingo account, visit the cashier and choose “withdrawal.” Select PayPal as your method and type in the amount you want to withdraw. The money will be sent straight to your PayPal account. You can then move your money to the next bingo site or transfer it to your bank account.
The biggest advantage of PayPal is convenience. Once you get through the initial setup, it’s so handy having a PayPal account. All you need to deposit anywhere is your PayPal e-mail address and password. Deposits and withdrawals are usually processed that same day.
PayPal is also useful for moving your bankroll from one bingo site to the next. You can use PayPal as the middleman between two sites. For example, you can move money from Bingo Site A to PayPal and then to Bingo Site B. This eliminates several days of waiting you would spend if you had to cash out all the way to your bank account.
And finally, PayPal is convenient simply because so many people have accounts. You can use to buy things online, to send money to your friends and much more. You only pay when you use it, so you might as get an account just to have one.
I don’t have any real gripes with PayPal but there is one thing that tripped me up one time at Sky Bingo. Some bingo sites don’t accept PayPal deposits via mobile devices. If you’re playing on your iPad, for example, you’ll have to visit a regular computer to deposit with PayPal. That’s what I had to do the last time I played at Sky.
No other major disadvantages stick out in mind. I’ve been using the service for at least 10 years and can’t remember a single complaint. The only thing I can come up with is PayPal’s low maximum deposit amount. Most bingo sites max out at around £5000. If you want to deposit significantly more than that, I’d recommend a wire transfer instead.