FanDuel to Stop Accepting Credit Card Deposits

Sports betting company cites need to improve deposit experience for customers

Published on Feb. 11, 2026

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FanDuel Sportsbook announced that it will no longer accept deposits made by credit cards starting on March 2, 2026. This decision comes after DraftKings Sportsbook took a similar step in August. FanDuel stated that the change was made to improve the deposit experience for customers, as many sports bettors avoid using credit cards due to associated fees.

Why it matters

The move by FanDuel and DraftKings to stop accepting credit card deposits reflects growing concerns over the high fees and potential for consumer exploitation in the sports betting industry. U.S. Senator Elizabeth Warren has been vocal about the issue, applauding the companies' actions to protect consumers from "junk fees" when placing bets.

The details

FanDuel issued a statement saying the decision to remove credit cards as a payment option for its sportsbook, casino, and racing products in the United States has been in the works for the last few months. The company cited a desire to "improve the deposit experience for our customers." Many sports bettors avoid using credit cards due to the associated fees charged by credit card companies.

  • FanDuel will stop accepting credit card deposits starting March 2, 2026.
  • DraftKings Sportsbook took a similar step in August 2025.

The players

FanDuel

A leading sports betting company that operates sportsbooks and online gambling platforms in the United States.

DraftKings Sportsbook

A major sports betting and daily fantasy sports company that operates sportsbooks and online gambling platforms in the United States.

Elizabeth Warren

A U.S. Senator from Massachusetts who has been vocal about the issue of high fees and potential consumer exploitation in the sports betting industry.

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What they’re saying

“Over the last few months, FanDuel has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our Sportsbook, casino and racing product in the United States. This change was made to improve the deposit experience for our customers.”

— FanDuel (oaoa.com)

“Last week, I asked sports betting companies about Americans getting scammed by credit card companies when placing sports bets — to the tune of a $10 junk fee just to fund a $20 bet. Glad to see Fanduel take action to protect consumers from these junk fees, joining DraftKings. The rest of the industry should follow suit.”

— Elizabeth Warren, U.S. Senator (Twitter)

What’s next

FanDuel also announced a new program called 'Play with a Plan' to encourage responsible wagering, allowing bettors to track their account activity, set spending limits, and establish deposit notifications.

The takeaway

The decisions by FanDuel and DraftKings to stop accepting credit card deposits highlight growing concerns over the high fees and potential for consumer exploitation in the sports betting industry. This move is seen as a positive step towards protecting consumers and promoting more responsible gambling practices.