FanDuel to Cease Credit Card Funding for U.S. Betting Products

FanDuel Sportsbook, a prominent entity in the American sports betting landscape, has announced a forthcoming policy change to discontinue the acceptance of credit cards as a funding mechanism for customer accounts. This nationwide adjustment, slated to take effect on March 2, 2026, encompasses all of FanDuel’s U.S. sportsbook, casino, and racing offerings.

This decision follows a similar action taken by competitor DraftKings, which implemented its own cessation of credit card payments in August 2025. The shift by FanDuel has garnered significant positive attention, particularly from Massachusetts Senator Elizabeth Warren, a vocal proponent of consumer financial protection. Senator Warren has consistently raised concerns regarding the financial burden placed on consumers, citing instances where additional charges for transactions could amount to as much as $10 on a $20 bet, discouraging the use of borrowed funds for gambling activities.

Matej Novota, Head of Casino Research at Casino Guru, underscored the importance of such industry-wide changes. Novota stated, “FanDuel’s decision to remove credit cards is definitely a step in the right direction. If we are serious about responsible gambling, reducing access to borrowed money for betting is one of the most practical safeguards the industry can implement.” This perspective highlights the broader commitment to responsible gaming practices.

In an official statement, FanDuel clarified its rationale, explaining that the move was part of an ongoing evaluation of its payment offerings aimed at enhancing the “deposit experience” for its clientele. The company elaborated, “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.”

Senator Warren extended her congratulations to FanDuel for addressing what she termed “junk fees” and encouraged other operators to adopt similar policies, following the examples set by DraftKings and FanDuel. The impending restriction extends beyond direct credit card transactions, also prohibiting the use of credit cards to fund other digital payment services such as PayPal, Apple Pay, and Venmo for deposits on FanDuel platforms.

FanDuel is not new to implementing such payment restrictions, having previously complied with localized regulations in states including Vermont, Tennessee, Connecticut, Illinois, and Massachusetts. The current initiative marks a comprehensive, nationwide application of this policy. Furthermore, this move reinforces FanDuel's broader dedication to responsible wagering, demonstrated by the launch of its “Play with a Plan” campaign earlier this year and the recent appointment of Keith Whyte as Responsible Gaming Strategic Advisor, solidifying its commitment to robust player protection measures.