FanDuel Set to End Credit Card Funding on March 2

Summary

FanDuel will stop accepting credit cards for deposits to its Sportsbook, casino and racing products in the United States from 2 March. The change removes credit cards even when used to fund other payment methods such as e-wallets. FanDuel says the decision followed a review of its payment options and is intended to improve the deposit experience and reduce consumer harm.

The move puts FanDuel in line with peers like DraftKings and reflects wider regulatory and market pressure: several mature jurisdictions (including the UK, Australia and New Zealand) have already restricted or banned credit-card gambling amid concerns about debt, hidden fees and problem gambling. Lawmakers such as Sen. Elizabeth Warren have also highlighted the issue of fees — commonly 3–5% — which can add significant hidden costs for bettors.

Key Points

FanDuel will discontinue credit card deposits for Sportsbook, casino and racing in the US effective 2 March.
Credit cards will also be barred from being used to fund other payment options (for example, e-wallet top-ups).
The decision follows industry peers (notably DraftKings) and mirrors restrictions in several international markets.
Regulators and campaigners cite fees (often 3–5%) and the risk of gamblers using borrowed money as primary reasons for bans.
There is no federal US ban yet, but state-level actions and operator policies are driving a de facto shift away from credit-card funding.

Context and Relevance

This is a notable shift for customers, operators and payment providers. Players will need to adopt alternative deposit methods (debit, bank transfer, e-wallets), while operators and payment processors must adapt flows and fee models. The decision is part of a broader trend of tighter payments scrutiny in gambling — either via operator self-regulation or government intervention — and signals growing emphasis on consumer protection and responsible gambling.

Why should I read this?

Quick and blunt: if you use FanDuel, your payment options change on 2 March — plan ahead. If you work in payments, compliance or player protection, this is a clear market signal that credit-fuelled gambling is being squeezed out. We’ve gone through the detail so you don’t have to — it’s a small tweak for customers but a meaningful shift for the industry.