Important Change to Deposit Methods

Credit cards no longer accepted

As of 11 June 2024, Government Regulations changed to prohibit the use of credit cards and payment methods linked to a credit card (such as digital wallets and BPAY) when making deposits for online wagering. This includes the use of credit cards as a payment source for Apple Pay, and PayPal e-wallet deposit methods.

Debit cards (debit only) are not impacted by these changes and can continue to be used as a payment method with Sportsbet. See the Government Regulations here:
https://www.dss.gov.au/communities-and-vulnerable-people-programs-services-gambling/gambling-reforms]

Please note, a single card that is linked to both credit and debit accounts cannot be accepted.


The difference between credit and debit cards

Debit cards transact using money from an everyday or savings account and transfer funds directly from the available account balance in real time.

  • Credit cards work like a small loan and transact using the bank’s money up to a set credit card limit. Any money spent becomes a debt that needs to be repaid to the bank. Please note - To ensure compliance with the Regulations, Sportsbet will restrict deposits from credit cards and credit card deposits via digital wallets from 10 June 2024.
  • BPAY deposits to your Sportsbet account using credit cards are no longer accepted as of Thursday, 6 June 2024.

Deposit option alternatives:

Sportsbet offer a wide range of deposit methods for customers to use, below are some options you may wish to use as alternatives to credit cards

 

How to deposit using a debit card

Depositing via a debit card is a quick and simple process. Below is a step-by-step process on how to deposit via a bank card. 

  1. While on the Sportsbet home page, navigate to your balance, click on your balance then below click on Deposit.
  2. Displayed will be a number of deposit methods and you will need to click Add New or select from existing.
  3. Then you will be prompted to input your card details as follows, Cardholder Name, Card Number, Card Expiry, CV2 Number, and finally the amount you would like to deposit into your account.
  4. Click Deposit Now to complete the process.

If you do not have a debit card we recommend PayID as an alternate deposit method.

How to register a PayID

Please click here for instructions on setting up PayID with your bank.

How to deposit using PayID

Please click here for instructions on how to deposit using PayID.

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