FanDuel is joining the list of online casino and sportsbook operators that no longer accept credit card deposits. Users who visit the FanDuel website will see the following message at the top of the page:
“Starting on March 2, 2026, FanDuel will no longer offer U.S. credit card deposits on Sportsbook, Casino, and FanDuel Racing. This includes credit cards connected through Venmo, PayPal, and Apple Pay. You can connect your debit card or bank account instead.”
Connecticut, Illinois, Massachusetts, Tennessee, and Vermont – all states in which FanDuel Sportsbook is available – have state bans on credit card deposits.
FanDuel, however, is not the first operator to initiate a credit card ban. DraftKings changed its credit card policy in August 2025.
Fanatics is another brand that does not accept credit card deposits.
In terms of why the credit card change is being implemented now, FanDuel’s announcement comes days after FanDuel CEO Amy Howe received a February 6 letter from U.S, Sen. Elizabeth Warren.
Credit card transactions on sports gambling platforms to fund wagers are almost always classified as a “cash advance.” Warren highlighted how users are charged higher fees and interest when it comes to “cash advance” transactions. She used the example that if a customer uses their credit card to fund a $20 bet, they would pay a $10 fee.
“Americans may be prepared to lose money on a bet they make – but most are not prepared to lose an extra 50% in credit card junk fees on top of their bet. Many users are unaware of the costs and fees associated with this type of credit card use, which can push them into financial trouble when gambling,” Warren said.
“Specifically, users are reporting that they did not realize that using their credit card to place a bet on a sports gambling website would be treated as a cash advance and accrue additional fees and interest. In 2024, the Consumer Financial Protection Bureau (CFPB) found that ‘sportsbooks provide limited or no disclosure on the potential for cash advance fees’ and that ‘some companies only include the warning in small, grey font or characterize the fees as a possibility in their frequently asked questions.’”
Warren’s letter also mentioned a 2022 incident in which the Iowa Racing and Gaming Commission approved a $75,000 penalty against FanDuel. An investigation revealed that its technology provider had allowed approximately $459,000 of illegal credit card transactions over a year.
More recently, right before DraftKings changed its credit card policy, the Boston-based operator was fined $450,000 by the Massachusetts Gaming Commission. The state regulators handed out the hefty fine as a result of DraftKings processing 1,000-plus bets that were funded by credit cards. An investigation revealed that between February 2023 and February 2024, there were approximately $83,000 in illegal-funded bets placed within the Bay State.
Once March 2026 rolls around, neither operator will be accepting credit card transactions. With FanDuel and DraftKings being the market leaders in every jurisdiction they enter, there is the possibility that competitors might decide to implement similar policies.
