Chumba Casino Payment Methods

The following guide has been designed to inform readers about the different payment methods accepted at Chumba Social Casino, as well as the withdrawal time and cash out options.

For those who are not familiar with Social or Sweepstakes Casinos, these kinds of sites are similar to traditional online casinos offering, except they specialize in free-to-play casino games.

While you cannot deposit money into an account at a social casino, some offer players the chance to purchase bundles of chips from the store. These bundles feature a set number of free-to-play coins and one or more premium coins.

At Chumba Casino, the free tokens are called Gold Coins (GC), while the premium version is Sweeps Coins (SC). Both are in-house currencies and have no value outside the site.

This is the significant difference when it comes to social and regular casinos. At a Social Casino, you cannot deposit or withdraw funds.

However, winnings from Sweeps Coins can be redeemed for real-world prizes. Below, you’ll find a breakdown of all the Chumba Casino payment methods, along with the pros of each different method.

Editor’s note: You can’t make deposits and withdrawals at Chumba Casino because it’s a Sweepstakes Casino. Please note that the deposit and withdrawal options on this page refer to purchase packages and prize redemptions, but you can play social casino games with no purchase necessary.

What Are the Best Chumba Casino Deposit Methods?

You will find many great features at Chumba Social Casino, but deposit methods will not be among them. Instead of requiring that you deposit funds into an account, Chumba payment methods ask the player to purchase Gold Coins.

The payment methods do not differ by state and are available to players from coast to coast. Below is the complete list of options available to players.

Visa/Mastercard/American Express/Discover

This is the most convenient method for purchasing at Chumba Casino, with most of the U.S. population having at least one of the accepted cards in their wallets.

  • Minimum deposit: There is no minimum for debit card purchases.
  • Transaction times: Purchases with a debit card are processed instantly.
  • Fees: There are no additional fees for debit purchases.

Skrill

  • Minimum deposit: There is a $10 minimum deposit at Chumba Casino for Skrill purchases.
  • Transaction times: Purchases with Skrill are processed instantly.
  • Fees: There are no additional fees for Skrill purchases.

Paysafecard

  • Minimum deposit: There is no minimum for Paysafecard purchases.
  • Transaction times: Purchases with a Paysafecard are processed instantly.
  • Fees: There are no additional fees for Paysafecard purchases.

Trustly

  • Minimum deposit: There is no minimum for Trustly purchases.
  • Transaction times: Purchases with Trustly are processed instantly.
  • Fees: There is a standard fee with Trustly of 1,5% for purchases.

Chase/BOA/Wells Fargo

  • Minimum deposit: There is no minimum for bank transfers.
  • Transaction times: Bank transfers from Chase, Bank of America, and Wells Fargo are processed instantly.
  • Fees: There are no additional fees for bank purchases from Chumba Casino. Check with your bank if they apply any fees for this transaction.

Fastest Deposit Methods at Chumba Casino

Because you are making a purchase and not a deposit, the transactions are instantaneous. The process of purchasing coins is no different than any other online purchase that uses debit cards, Skrill, or other available methods.

Therefore, the fastest method of purchasing Gold Coins is whichever method you already have set up. With a half-dozen options, one payment method should suit your needs. A fresh stack of chips is never more than a click away.

How to Add Money to Chumba Casino

As we’ve already addressed, deposits at Chumba Casino are not deposits at all. Instead, you purchase Gold Coins in bulk and are gifted a set number of Sweeps Coins as part of the transaction.

The more Gold Coins you purchase, the more Sweeps Coins you will be gifted. The process may be strange initially, but the sweepstakes model allows Chumba Casino to offer casino games in 48 states legally.

Players must first prove their eligibility to qualify to make purchases. To do so, a recognized purchase method must be registered. This confirms your identity and age for online purchases.

How Long Does Chumba Casino Take to Deposit?

Purchasing Gold Coins at Chumba Casino is as fast and easy as buying anything online, from a pair of socks to a new car. When you click to confirm your purchase, the funds are immediately extracted from your account, and the applicable coins will be instantly added to your balance.

There is no delay or waiting around for this process, so you’ll be in the action quickly. This means less time wasted on menus and bank transfers, and more time for playing the best games on Chumba Casino.

Is There a Chumba Casino Deposit Limit?

There are no deposits available at Chumba Casino, so there are no limits to speak of. However, there are different tier bundles of Gold Coins. In a way, they serve a payment level with a minimum and maximum.

The lowest cost bundle at Chumba Casino costs $0.50 and awards 200,000 Gold Coins but no Sweeps Coins. The Cheapest you can earn Sweeps Coins is the $2.50 bundle for 1 million Gold Coins. On the other end of the spectrum is the $200 tier that contains 120 million Gold Coins and 315 Sweeps Coins. Don’t forget, if you’re using Skrill, there is a $10 minimum deposit amount.

Chumba Casino Withdrawal Options

As a Sweepstakes Site, Chumba Casino does not offer the option to withdraw funds. This is because they do not operate in funds, and its in-house currency is valueless outside of the site.

While casino chips hold value outside said venture, Sweepstakes Casinos do not operate similarly. You can, however, redeem Sweeps Coins for real-world prizes. The Chumba Casino cash out process requires users to complete an account verification process that includes photo I.D. and banking information.

Fastest Withdrawal Methods at Chumba Casino

When it comes to the withdrawal time at Chumba Casino, you’ll be happy to hear that all payment methods are instantaneous when you want to redeem your Sweeps Coins. This ensures you aren’t wasting time at the cashier and not at the tables.

How to Redeem Money from Chumba Casino

Neither the Gold Coins nor Sweeps Coins you earn at Chumba Casino can be withdrawn in any manner. They do not have real-world value, so they cannot be converted into currency. In the case of Sweeps Coins at Chumba Casino, they cannot be withdrawn, so there is no process to explain.

However, you can redeem money from Chumba Casino by converting your Sweeps Coins into cash or gift cards, after an account verification process. Sweeps Coins can be obtained in a variety of ways. However, only ones that have been used and won through gameplay are eligible for prize redemption and cash out.

Chumba Casino Minimum Withdrawal

Redemption requests are generally fulfilled via direct bank transfer, so verifying a bank account is a prerequisite, and your request must be above the Chumba Casino minimum withdrawal limit.

After confirming the information, a green check mark with a redeem button will become available. Players must have at least 10 Sweeps Coins for a gift card redemption, and at least 100 Sweep Coins for a cash redemption.

This means that you won’t be able to redeem the Chumba no deposit bonus right away, until you’ve played a bit and amassed a larger sum of Sweeps Coins.

How Long Does Chumba Casino Take to Pay?

Chumba Casino payouts work differently from brick-and-mortar casinos, or regular online casinos. The Coins you earn whilst playing cannot be converted into currency, so withdrawals do not exist.

However, there is a process to redeem Sweeps Coins under the Sweepstakes model. This process takes seven days for Chumba Casino to process and they will add funds directly to your bank account if you win, although be prepared for a review period.

Are Chumba Casino Winnings Taxable?

Considering the winnings from Chumba Casino are merely virtual and not currency, they are not taxable. There is no need to report your cash winnings as there are none to report. The same goes for any purchases made on the platform. They are purchases, not wagers, and free from any tax.

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The Game Day Casino Team

The Game Day Casino Team

Our team of experts collaborates to bring you the latest and most accurate info for all facets of the iCasino industry. We serve our readers as a trusted resource on the best casino games, promotions, bonuses, and more.