Skillz Casino Payment Options

Skillz is a sweepstakes-style online casino site offering players a wealth of gaming options in a unique way. The site features action, arcade, bingo, and bubble games, among many other types of entertainment. In this guide, we will provide our readers with insight into payment options offered by Skillz.

Skillz allows players to deposit funds to play games for real money, with several options on offer to select various deposit amounts. Deposits on Skillz are quick and easy, allowing you to play a host of games for a chance to win prizes. A redemption process also allows you to withdraw, with a few key options on offer.

Read on to discover the best banking methods for the site. This gives you the info you need to purchase coin packages and redeem prizes with the brand.

Editor’s note: You can’t make deposits and withdrawals at Skillz 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 no purchase necessary.

What Are the Best Skillz Deposit Methods?

Skillz Casino utilizes virtual in-game currency, which is provided to you free of charge. The app games also offer real money options. When accessing real money gaming, players compete in tournaments with real money prizes.

To play with real money, you need to deposit funds. As we covered in our extensive Skillz Casino site review, there are numerous ways to fund your account.

Using the Store icon, players can select a banking method for deposit. Each option offers a set amount players can add along with bonus funds. You will see all the info in the Store section of the site.

Click on the payment method you wish to use and the amount to deposit. Complete your transaction, and you are ready to play. Let’s take a look at the available deposit methods below for your gaming needs.

Credit Card

This is a common method used by players at Skillz. Easily add your credit card details, and you can pay instantly to add funds to your account. Be sure to speak to your cardholder first to ensure you won’t be charged any fees for this transaction type.

  • Minimum deposit: $5
  • Transaction times: Instant
  • Fees: Cardholders can charge fees.


If you like to use PayPal for your online banking, you will find it works well at Skillz. The option offers quick transactions, making it easy for you to add funds and enjoy a wealth of casino gaming options. From the Store, click on PayPal to begin your transaction. It takes only a few minutes to complete.

  • Minimum deposit: $5
  • Transaction times: Instant
  • Fees: zero fees


This is a great option for mobile iOS users. If your iPhone is set up with ApplePay, use it to add funds to your account. The transactions are instant, making it a quick and painless process anytime you wish to add funds.

  • Minimum deposit: $5
  • Transaction times: Instant
  • Fees: there should be zero fees with this transaction type.

Fastest Deposit Methods at Skillz Casino

No matter which deposit method you choose at Skillz Casino, you will find the method works quickly. Each option is basically instant, so once the transaction is complete, you will have the funds available to play any Skillz Casino available games. Select a banking method that meets your needs since the time frame is not an issue.

How to Make an Online Deposit at Skillz Casino

Skillz Casino is set up differently than other online sweepstakes casino sites. Once you log in and select a game, you will need to download the game app. Once that app is downloaded, you are ready to deposit. Use the steps below once in the game app to add funds.

  • Click on the Z section in the top middle of the app.
  • Select the deposit amount you wish to add. You can also enter a promo code here if you have one.
  • Click the credit card icon on the next page, PayPal, or ApplePlay.
  • Complete the transaction based on the instructions provided.
  • Once submitted, you should see the funds added to your account instantly.

Once the funds are available, you can play whatever you like. And it’s that simple. It takes just a few minutes to complete your first transaction as you get used to how the site works.

How Long Does Skillz Take to Deposit?

It doesn’t take long to complete the deposit process at Skillz. The first transaction could take around five minutes just because you need to figure out how it works. From there, it should take a minute or two every time you add more funds to your account.

Is there a Skillz Deposit Limit?

Preset amounts are added to your account once you visit the Store. The amounts available to you may vary based on the game selected. With Blackout Bingo, for example, the minimum deposit is $5, and the maximum is $30. This amount may go up or down based on your selected game.

We suggest that players review the banking section for any selected game. Check out the minimum and maximum before you start playing to ensure it meets your needs.

Skillz Withdrawal Options

You can withdraw winnings from the site if you deposit funds and compete in real money games at Skillz. You must visit the menu and go to the withdrawal section to complete a transaction. There are only two banking methods offered. Below are the options you have for removing funds at the site.

Please note the site charges a $1.50 fee for any withdrawal under $10. Skillz says that withdrawals can take up to six weeks to complete, though many are finished far sooner than anticipated. Withdrawals can be made from the Skillz website or from the Skillz Casino mobile app.


An e-wallet is a good option for removing funds from your account. Skillz likes players to use the same method for deposit and withdrawal, and PayPal is a seamless option that is easy to use and secure.

  • Minimum withdrawal: No minimum, but $10 is recommended.
  • Transaction times: can take up to six weeks but should be shorter.
  • Fees: No fees unless the transaction is under $10.

Credit Card

Players can also use credit cards to withdraw funds if this method was used to deposit. You simply enter your card information and complete the transaction the same as you would with a deposit, except you are removing funds from your account.

  • Minimum withdrawal: $10 is recommended.
  • Transaction times: Some withdrawals may take up to six weeks.
  • Fees: $1.50 for under $10. Some credit cards may also charge a fee for this type of transaction.

Be advised that if you remove more than you deposited, then the way your funds are returned to you will be different. In most scenarios, players based in the United States will receive the deposit amount via the method selected and the remaining amount via paper check.

If you deposit $20 and want to cash out $50, the $20 is given with either a credit card or PayPal based on how you paid. The remaining $30 is sent via check.

Fastest Withdrawal Methods at Skillz Casino

Unfortunately, there is no faster withdrawal method here. The site’s two banking options operate in the same manner. One is not faster than the other, so feel free to use whichever works best for you.

How To Make an Online Withdrawal at Skillz Casino

  • Log in to a Skillz game.
  • Click on the hamburger menu in the top right.
  • Select Withdraw.
  • Review your account balance and select the amount to withdraw.
  • Click next. Continue to follow the on-screen instructions to complete your transaction.

How Long Does Skillz Take to Pay?

Unfortunately, the payout schedule of Skillz is long. The site says players should expect a payment to take four to six weeks to complete. According to Skillz, the payment process is completed carefully with security checks in place.

Are Skillz Winnings Taxable?

Skillz states that players are responsible for taxes and fees associated with wins. Any player that does not provide the information required to receive tax documentation from the casino within 24 hours of a request will see wins forfeited.


Sadonna Price

Sadonna Price

For almost two decades, Sadonna has provided quality content for online gambling operators both in the United States and abroad. With a focus on casino gaming and poker, Sadonna has covered the latest legal developments in the industry, including new services as they launch in the US, as well as fun and interesting articles on new games and exciting tournament action.