As legal sports betting continues to expand across the US, Play+ cards are becoming an increasingly popular option for bettors. While the ease of use is great, there are several benefits these prepaid cards have that other FanDuel deposit methods just don’t offer.
One of the biggest benefits to using a FanDuel Play+ Prepaid Card is that it offers an easy way to manage your bankroll in a responsible manner. Your account will allow you to easily view your withdrawals and deposits, so you always know exactly where you stand.
The card also serves as a middleman between your bank account and FanDuel. While this may seem like an inconvenience, it is a great way to help you avoid emotional betting. Plenty of sports bettors will get lost in the moment and attempt to chase losses. When FanDuel is linked direct to their bank account, players can continue to reload until they have burned through their checking account and end up with overdraft fees. The card acts as a buffer, forcing players to take time and cool off before being able to reload their account.
Another big reason people love using the FanDuel Prepaid Play+ Card is that they can withdraw their funds for cash at a local ATM. While this does include their standard $2 withdrawal fee, it is a quick and easy way to access your funds. Other methods take a long time to process, which can be an issue if you need cash quickly.
Lastly, the Play+ Card can help circumvent your bank when sports betting. Some major banks will reject charges from online sportsbooks and casinos, making it much more difficult to deposit funds into your account. This isn’t an issue with the Play+ Card, as your bank should allow you to easily transfer money to and from the card.
Important Terms & Conditions
While the FanDuel Play+ Card is one of the easiest banking methods to use on their site, it does have some with a few important terms and conditions that you should know.
The first and most important is that there is a $2 withdrawal fee when using the FanDuel Play+ card. This fee is applied any time you transfer money from the card to your bank account or when withdrawing funds from an ATM.
Another important condition is that there is no overdraft or credit offered to any card holder. That means the balance of your Play+ card is all that is available at any time. Any attempt to spend more than the card balance will result in the card being declined.
Speaking of the card being declined, there is a fee of $0.75 if that happens for an ATM withdrawal. While the fee is small, it will be applied even if you are just $0.01 over your balance. Be sure to always check your card balance before making a withdrawal, and you should be able to avoid this.
Lastly, there is a fee of $2.95 that will be applied to any accounts that have been inactive for the last six months. If you are planning to take a break from sports betting or just don’t find yourself with enough time, we recommend closing or suspending your account until you are ready to get back into the game. While this isn’t an expensive fee, it’s money not worth spending if you don’t have to.