Sports Betting
Spreadex Withdrawal Methods 2024: How to Withdraw Money
Besides knowing how to deposit in Spreadex, understanding the withdrawal process is extremely important. By knowing which payment options you have, you can ensure that you use a deposit method that’s also available for withdrawals. We also discuss the transaction limits, processing times, and any fees applied to withdrawals.
Step-By-Step Guide How to Withdraw Money from Spreadex
To make a withdrawal, follow the below steps:
1. Log into your Spreadex account
Spreadex Money Withdrawal Guide Step 1
2. Click on the button that says “My Account” at the top of the screen
Spreadex Money Withdrawal Guide Step 2
3. Go to the “Withdraw Funds” option
Spreadex Money Withdrawal Guide Step 3
4. Select one of the available payment methods, ideally the one you used to make the deposit.
5. Add all necessary information, e.g. your bank card number or login details.
6. Approve the withdrawal and wait for the Spreadex cash withdrawal time to pass.
Withdrawal Options
There aren’t many Spreadex cashout methods, though most of the deposit methods are available. Bettors can now withdraw funds to their Visa, Mastercard, or Maestro cards. They can also use BACS bank transfers and Easy Bank Transfers to withdraw.
The available methods can vary depending on your jurisdiction, so it’s always best to check with the cashier to determine which methods are available for you. The Spreadex withdrawal terms state that you must use a payment method you’ve either deposited with or fully verified with the support team.
Spreadex Withdrawal Time
The Spreadex withdrawal times vary depending on the payment method. Some have extremely fast payout times, with card withdrawals paying out within 2 hours. Still, sometimes, the card provider might not accept funds via this new method.
In that case, the withdrawal processing times can be from 2 to 5 days. However, Easy Bank Transfers have a Spreadex withdrawal time of up to 2 days before it’s in your account.
BACS transfers, on the other hand, can take up to 3 days. You can also request a same-day withdrawal, though it comes with a fee attached.
Minimum and Maximum Withdrawal Limits
Now that we know how long it takes to withdraw from Spreadex, we can move on to the minimum and maximum withdrawal limits. This betting site has a £5 minimum limit on all payment methods for your sports betting account.
The maximum limit can vary, though cards have a £25,000 maximum limit. The only exceptions are Mastercard and Maestro, which have a £20,000 limit.
Withdrawal Fees
There aren’t typically any fees when making withdrawals. If there are, it’ll show in the cashier. The only time you have a fee for sure is if you request a guaranteed same-day withdrawal. In that case, you’d have a £25 fee applied to your withdrawal.
Verification Process
You must completely verify your identity and account before you can make any withdrawals. In most cases, you’ll have to provide documents such as:
- Proof of your identity via passport, government-issued ID, or driver’s licence
- Proof of where you live via a utility bill or a bank statement
- Proof of your payment methods via a photo of your card or bank statement
You also have to complete the KYC verification, which can be found in your account profile. If you don’t complete the verification, it might result in some Spreadex withdrawal problems, like the ones we discuss below.
Spreadex Verification process
Spreadex Verification process
Withdrawal Problems
If you’re trying to make withdrawals but struggling, you might wonder, “Why can’t I withdraw on Spreadex?” We look at various solutions to your issues and discuss what could be the reason for your problem.
- Are your account and payment methods verified?
Your account and payment method have to be fully verified. If you’re trying to withdraw using a new card or bank account, it’s essential to verify that method first. Otherwise, you’ll find your Spreadex withdrawal suspended. - Have you met the wagering requirements?
If you’ve claimed a Spreadex welcome bonus or any other sports betting offer, you likely have some wagering requirements you have to fulfil. Without satisfying the rollover, you can lose some of your winnings, or the entire withdrawal will be void. - Are you withdrawing at least the minimum required amount?
If you’re trying to withdraw less than £5, you can find that Spreadex bookmaker might reject your request. Always ensure you request something above the minimum limit. - Were there any computer-related problems?
Should your computer experience any issues, your withdrawals can become void. If you’re in the middle of completing the request, but your device shuts down or you lose your internet connection, it often terminates the request. Check out your transaction history to see if it went through.
Anders is an iGaming specialist with 7 years experience in content creation and strategy implementation in both the casino and betting industry across diverse markets with main focus on the Nordics.