Coral Deposit Guide

Coral Deposit Guide - Methods and Options for 2022

Last Updated: 4 May 2022, Author: AceOdds.com

When adding funds to your Coral balance, you can select from a variety of payment methods, including PayPal e-wallets and cash via PaySafe and in Coral shops. Deposits are allowed up to £2000 and will be available to use instantly.

Coral allows you to register up to 3 different payment methods on your account, but this does not apply to cash deposits in shops or pre-paid cards, so more options are available. When withdrawing your funds, you will typically use a method already used to deposit. You can check withdrawal methods and time scales here.

When using a Coral bonus code, check the terms and conditions as some payment methods, such as PayPal, may be restricted from receiving the bonus.

Sort by:
Method Processing Time Min Max Fee
Apple Pay
Apple Pay
Instant £5.00 £2,000 Free
Debit Card, Visa, MasterCard, Maestro, Electron
Debit Card, Visa, MasterCard, Maestro, Electron
Instant £5.00 £2,000 Free
Fast Bank Transfer
Fast Bank Transfer
1 - 4 Banking Day(s) - £2,000 Free
Paypal
Paypal
Instant £10.00 £2,000 Free
paysafecard
paysafecard
Instant £5.00 £2,000 Free
Coral Connect
Coral Connect
Instant £1.00 £5,500 Free

Apple Pay

Apple Pay is available for iOS users only.

Apple Pay is available to Coral customers using iOS with compatible devices. Debit cards will need to be registered to your Apple wallet before they can be used for payments. Credit card transactions are not permitted.

With Apple Pay, you can register up to 8 cards to your device, giving you additional payment options.

Debit Card

Debit Card minimum deposit amount is £5.

You can use Debit cards such as Visa, Master, Maestro and Diners card to deposit up to £2000 to your Coral balance.

Providing the transaction is approved by your bank you will be able to access these funds immediately.

Fast Bank Transfer

Fast Bank Transfers take 1-4 working days.

When depositing to your Coral balance via Fast Bank Transfer, you will be provided with a unique reference number to use on the transaction. This reference number will enable your deposit to be located faster and used for any future transfers.

The processing time for deposits is dependent on your bank but is usually 1-4 banking days.

PayPal

The Minimum PayPal deposit is £10.

PayPal deposits have a slightly higher minimum deposit than other payment methods available at Coral, and you will need to deposit at least £10 if you wish to use your Paypal account.

Any PayPal deposits cannot be funded using a credit card linked to your account. Your balance will be updated immediately after PayPal approves the transaction.

PaySafe Card

PaySafe payments are only accepted with a registered PaySafe account.

With PaySafe you can purchase cards at a PaySafe outlet and use them to fund your PaySafe account to make deposits on the Coral website. You can use multiple voucher codes to fund a single transaction.

Deposits are only accepted using a free PaySafe account. Vouchers have not been accepted since September 2021.

Coral Connect

The deposit limit for Coral Connect is £5,500 per day.

Using your Coral Connect cards means you can deposit funds in a Coral shop and access them online. Unless you have set a lower limit on your account, you can deposit up to £5,500 a day using this method.

Once you have deposited to your account, funds are available to use online immediately.

Unavailable Payment Methods

Whilst Coral accepts the most common payment methods available, some are not mentioned that you may find at other Bookmakers. Google Pay and Click to Pay are 2 notable examples that you will find available at Bet365. Skrill and Neteller are other notable payment methods not available from Coral, but you will find them at other major bookmakers such as Paddy Power and Betfred.

The absence of these payment methods may be inconvenient, but Coral still offers enough methods of deposit that most customers should find something that suits their needs.

How to Deposit Funds to your Coral Account

  • To add more funds to your Coral account, you will first need to be logged in.
  • Go to My Account, then Deposit, or click the green Deposit buttonYou will then have the option to choose an existing payment method on your account or add a new one.
Coral Add New Payment Method
The Coral screen to add a new Payment method
  • Once you have chosen your prefered payment method, you will be taken to the Cashier screen to enter the amount you wish to deposit and the details of your payment method.

You can store up to 3 valid payment methods on your account at a time, making it simple to deposit. Once your transaction has been confirmed with your payment provider, the funds will be immediately available in your Coral account.

Setting Deposit Limits

As you can see from this article, Coral offers several simple and quick ways to deposit funds to your account. They also offer tools to help you gamble responsibly. You can access these tools from your account menu by selecting Gambling Controls.

coral gambling controls
Gambling Controls can be accessed via the Coral Account menu

A Deposit Limit allows you to manage the amount of money you spend on gambling by setting daily, weekly, or monthly limits. You can increase your deposit limit, but there is a 24 hour cooling off period before increases take effect. You can decrease your deposit limit immediately at any time.

Coral also allows you to manage your spending by setting a Deposit Curfew. A Deposit Curfew lets you set times, dates and/or days when you cannot make deposits to your account. For example, you may wish to prevent yourself from making deposits late at night, at weekends, or at the end of the month.

coral deposit curfew
Setting a Deposit Curfew in your Coral account

On the Coral Safer Gambling page, you will find more tools such as a self-assessment quiz, budget calculators and facilities to set time outs.

Coral Payments FAQ

To reduce the risk of fraud, you can only use a deposit method registered in your own name to add funds to your Coral account. Your account may be closed if you use a payment method that you do not own.

If you do not have a debit card in your name, then you can deposit using a PaySafeCard or in-store.

Time scales for deposits vary by method, but if this time has elapsed, funds have left your payment method, and you still cannot see funds in your account, you will need to contact customer services. Use your registered email address and include the date and amount of the deposit, as well as screen grabs of any error messages and proof of purchase.

Deposits could be declined for many reasons, including using an expired payment method, a payment method not in your name, or insufficient funds in your account. Try a different payment method or different amount, and if you are still unable to deposit, then contact Customer Services.

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Last Updated: 4 May 2022, Published: 26 April 2022