Banking at Funrize Casino is easy. While it’s always free to play, you can choose various payment methods if you want to purchase or redeem.
You can buy Tournament Coins for as low as $4.99, while redemptions are as low as $25.
In this guide, you can learn about Funrize Casino’s payment methods and other important banking information, including how to make purchases and redeem your Promotional Entries for cash prizes.
Funrize Casino Payment Methods
While not required, if you wish to buy Tournament Coin offers at Funrize Casino, you can use a debit or a credit card. You can also use your winning balance or Apple Pay (on mobile) to make purchases.
If you wish to redeem, you can choose between an online bank transfer, an Amazon or Prizeout digital gift card, or PayPal. The process is straightforward and you receive your coins instantly.
Redemption requirements include making a purchase before redeeming, verifying your identity, and playing Promotional Entries (PE) at least once.
You must have at least 2,500 PE (redeemable for $25) to redeem for a gift card or 10,000 PE (redeemable for $100) to redeem for a cash prize.
Funrize typically processes redemptions within 72 hours, but in some rare instances, it could take up to 10 days.
Purchase Methods
- Visa or Mastercard
- Winning Balance
- Apple Pay
Redemption Methods
- Online bank transfer
- PayPal
- Gift Card via Prizeout
- Amazon Gift Card
How to Add Money to Funrize Casino
Adding money to your Funrize Casino account is easy by following these steps:
- Click “Buy" on the top right of your screen.
- Select the payment method.
- Choose a Tournament Coin offer.
- If paying by card, enter your card details and address.
- Press “Pay."
Your purchase will be reflected immediately. If you don’t have a Funrize account yet, you can create one by following these steps:
- or tap “Get Bonus" to activate the welcome promotion of 75,000 Tournament Coins.
- Press “Sign Up."
- Enter your email and password. Alternatively, you can use a Facebook or Google account to sign up.
- Click “I have a promo code" and enter THEGAMEDAY.
- Click on the boxes to agree to the terms and conditions and press “Get Started."
- Open your email and click the link you’ve received to activate your account.
- You’re all set.
You can receive additional promo funds if you verify your phone number and provide personal information such as your address and date of birth.
How Long Does Funrize Casino Take to Verify Bank Account
Before you can redeem Promotional Entries for cash prizes, Funrize will process and verify your bank account. After submitting your request, Funrize usually takes 72 hours to complete the process, which is standard among the best sweepstakes casinos.
While it could take up to 10 days in rare instances, many users have reported redemptions in under 72 hours.
Does Funrize Casino Accept Cash App
Funrize does not accept Cash App. You can use a credit or debit card for purchases and an online bank transfer or a gift card for redemptions.
Funrize Casino Instant Bank Transfer
Unfortunately, Funrize does not offer instant bank transfers for purchases or redemptions.
You can redeem using a regular bank transfer, which usually takes 72 hours. For purchases, you can use any major credit or debit card.
Funrize Casino Cash Out Rules
Before you can redeem Promotional Entries for cash prizes, you must meet the redemptions rules, which include:
- Make a purchase.
- Verify your identity.
- Meet the minimum redemption requirement of 2,500 PE for gift cards and 100,000 PE for cash prizes.
- All Promotional Entries must be played at least once.
- For gift card redemptions, ensure your email address is correct.
- After 180 days of inactivity, your account will be frozen and charged a $2 monthly fee.
For more details, refer to the Terms of Use & Service Agreement and Funrize Award Rules. You can find both documents at the bottom of your casino lobby.
How to Cash Out on Funrize Casino
Before you can redeem at Funrize, you must verify your identity, make a purchase, meet the minimum redemption requirement, and play all Promotional Entries at least once.
To verify your identity, go to your user settings on the top right of your casino lobby. Under your loyalty status, you will see a “Verification" button. You will need to use your phone for the process, but if you’re using a computer, you can scan a QR code.
The process is straightforward. You must take a photo of a government-issued ID and a selfie. Sometimes, you might have to upload additional documents, such as a photo of the card you used for purchases or a utility bill.
Once you meet the criteria, you can proceed to redeem by following these steps:
- Press “Buy" at the top right of your home screen.
- Click “Redeem."
- Choose your redemption method.
- Select how much you want to redeem.
- Submit your request.
Once you submit a redemption request, Funrize will process it within 72 hours.
Funrize Casino Minimum Withdrawal
The minimum withdrawal for Prizeout or Amazon gift cards is 2,500 Promotional Entries, redeemable for $25. Meanwhile, the minimum requirement for bank transfers or PayPal redemptions is 10,000 Promotional Entries, redeemable for $100.
Before redeeming, you must play all Promotional Entries at least once. A great way to get started on earning Promotional Entries is by signing up for the Funrize Casino no-purchase bonus.
Funrize Casino Withdrawal Time
Funrize takes about 72 hours to process your request, regardless of your withdrawal method. After that’s completed, your chosen method (e.g., bank transfer) might have additional processing time.
Funrize Casino Payout Options
You can redeem Promotional Entries for cash prizes or digital gift cards. For the latter, you can choose between an Amazon gift card or a gift card from Prizeout, a gift card processing service.
With Prizeout, you can receive up to 20% more than your redemption value. For example, for a $50 redemption, you will receive a $60 gift card. You can get your cash prize via online bank transfer or PayPal.
Funrize Casino Redemption Progress
Go to the redemption page to see if you have enough to redeem. You will see your redeemable balance and the minimum requirement for each redemption method.
Next to the redemption page, there’s a history page where you can see your purchase and redemption history.
