NZ’s fastest payout online casino sites
‘Fastest payout online casino’ is one of the highest searched terms in online gambling. Let's face it, when a jackpot hits, cashing out it a top priority.
But just what exactly do we mean by payout speed? And are instant withdrawal casinos even a thing in New Zealand? These are the questions we'll answer as we look into key elements that make for fast casino payouts like bonuses, payments and safety.
Let’s kick off the quest to find the fastest payout online casino right now.
Top fast withdrawal casinos in 2023
Online casinos that don’t payout – to be avoided
Just because it offers instant withdrawals, doesn’t make it a reliable online casino. We don’t go ahead and recommend all of the fastest online casinos, they need to pass our stringent testing process first.
Currently, we strongly suggest that you steer clear of the below online gambling sites as they were found wanting on various levels.
Features of the best fast payout casinos
In the search for the fastest payout online casinos in New Zealand, our experts have broken down their scoring by category, so as to ensure players find the right option for their playing style.
Below you’ll find a list of the best instant payout casino sites based on number of payment options, highest casino payouts, best bonuses, player friendly terms, maximum withdrawal limits and more.
🥇 NZ’s top fast payout casino | Jackpot City Casino |
💸 Best for high payouts | Wildz Casino |
🎁 Best for bonuses | Winawin |
⚡ Fast withdrawal payment options | E-wallets and cryptocurrencies |
⌛ Average payout speed | 0 - 3 days |
💳 Max. withdrawal limits | Unlimited |
Top payment methods for fast casino withdrawals
The title of fastest payout online casino depends a lot on whether a site offers the fastest banking options. Some online casino withdrawal methods are known for taking notoriously long with online transactions, which means that if you opt to use them you can forget instant payouts.
This is the case with many credit and debit cards, which can take up to five days to process depending on your bank’s policy. Thankfully, there are plenty of other options at New Zealand casinos that deal with withdrawal requests almost instantly. These include digital wallets and cryptocurrencies, among others.
Below we take a look at our experts’ top three payment options that are easily available at NZ online casinos and that have the fastest payout process.
The fastest NZ casino payout options - full summary
| Payment method | Fastest payouts | Available at |
|---|---|---|
Visa | 3 working days | |
Mastercard | 3 working days | |
Neteller | Instant | |
Skrill | Instant | |
ecoPayz | same day withdrawal | |
Bank transfers | 3 working days | |
Bitcoin | Instant | |
Interac card | 3 working days | |
MuchBetter | Instant | |
PayPal | Instant | N/A |
How we review casinos with the fastest payouts
When reviewing fast payout casinos in NZ, our experts carry out extensive research and testing, following a data-driven process that enables us to offer 100% honest and transparent online casino reviews.
Below, we explain all the features that we take into account when deciding which fastest payout online casino to recommend and which others we advise you to give a wide berth.
Payment processing times
In our search for a fast paying online casino, it stands to reason that payment processing times play a very important part. We firmly believe that online casino withdrawals should be dealt with speedily on the part of the operators, so we look for sites that have a very short pending transaction period.
Ideally, we’d like to see the money appear in our accounts within 24 hours. This is why sites like BetandPlay and TonyBet score so highly on our list of fast withdrawal online casinos, as they guarantee your winnings in under 24 hours. Sites like Winawin, on the other hand, can take up to five days and so score less in this regard.
Range of payment options
When picking your next instant withdrawal casino it’s also important to ensure that you find a cashout method that is convenient for you. We expect to see methods that are popular with NZ players, such as Interac, Visa, Mastercard, Poli and MuchBetter.
An average of eight to 10 options is a minimum for a site that wants to earn the title of fastest payout online casino. However, sites that exceed this earn a better score. Casinoly, for example, offers 21 options that include all those methods renowned for having fast payouts, so it definitely receives a gold star.
Fees and limits
Low cashout limits and transfer fees put a damper on the gambling experience, so any site that is guilty of both can’t expect to be on our list of fastest payout online casinos.
While the majority of sites you’ll see recommended here do not charge any withdrawal fees, be aware that some payment providers will charge a small fee to transfer your winnings to a bank account. This is the case with Skrill and Neteller, for example. You will also need to pay a percentage if you’d like to turn your cryptocurrency withdrawal into fiat currency. PayPal, on the other hand, allows you to transfer funds to your linked account at no fee.
KYC verification and other terms
We get it. Know Your Customer (KYC) verifications are annoying. However, they’re an essential part of the security system that protects you and other players. What we look for when ranking an instant withdrawal online casino is for the site to carry out these verifications speedily.
Sites like JackpotCity are very on point with this side of things. Players are clearly informed about any documents or information needed and the process typically takes around 24 hours. If a site skips this step we view it as a red flag and won’t recommend it as a trustworthy quick payout casino.
Other things we look for include transparency of payment terms and conditions, as well as how easy they are to understand. It’s difficult to beat NZ casinos like Casinoly in this regard, which links players to a list of simplified terms for each method right from the lobby.
Safety
Usually, the license of a site and other safety measures such as SSL Encryption, coupled with independent auditing, are the main things we look for when testing an operator. But when reviewing an instant withdrawal casino in NZ we also take a long, hard look at the safety of the payment options on offer.
Some payments have a more solid reputation than others in terms of security. Neteller and Skrill, for example, are one of the oldest digital wallets available, and they operate under the scrutiny of their mother company Paysafe Group. They have an unassailable history in terms of not just offering the best online casino fast payout, but of ensuring that their security is unparalleled.
Compared to, say, cryptocurrencies, which have a much shorter and less stable track record, e-wallets and traditional bank methods certainly score higher in terms of safety. And this is why casinos that offer all options score higher with our experts than 100% crypto casinos.
Overall casino rating
The gambling experience involves a lot more than just finding an instant payout casino. In reality, other features such as a great selection of casino games, a generous welcome bonus, low wagering requirements and efficient customer support all play a role in determining whether we will recommend an online casino or not.
Taking all this into account, it’s difficult to fault online casino brands like Wildz and Casinoly, which offer it all from extensive game libraries to fast customer support and excellent offers.
Same day withdrawals – are instant payout casinos available?
Look, we get it. You’ve come into a windfall and you want to get your hands on your winnings ASAP. You’re probably wondering what the realistic timeframe for the fastest payout online casino in NZ would be. In other words, does ‘instant’ really mean what it says?
There’s no simple answer to this, so we’ll settle for a yes and no. While instant withdrawal casino sites are quite rare, there is an acceptable alternative that's more common - the 1 hour withdrawal casino. Even the fastest payout online casino will find it difficult to manifest the cash into your account instantly. This has more to do with the legal KYC processes and the procedures that are followed by payment providers themselves, rather than the casino.
Even fast paying casinos have what we refer to as a ‘transaction pending’ period. This is not because they’re sitting on your request, but because the gambling site is carrying out all the legal checks in the background.
This is why, in the interest of honesty and transparency, when reviewing a casino we always calculate an average payout time, rather than promising instant cashouts. Sadly, something as simple as the player forgetting to attach the right document will add time to the transaction. The UK Gambling Commission offers a very good explanation of the type of KYC processes that are followed by licensed casinos, as does the Malta Gaming Authority’s anti money laundering page.
This is why, taking these requirements into account, we shy away from promising instant cashouts but prefer to promote same day withdrawal online casinos. Thus, for BetandPlay casino we list a payout time of 0 to five days. You may well receive your withdrawals instantly, in which case it will be a pleasant surprise. But we are very well aware that things happen on the administrative and legal side, so we don’t want to make any false promises.
How to increase payout speed – expert tips
Despite all the above, there are ways and means for you to help a fastest withdrawal online casino live up to its name. Our expert tips below will help make sure that you facilitate the process and that your winnings aren’t held up due to anything you do.
- 1
Choose a fast payout online casino from our list of recommendations
These sites have already been vetted by our experts to make sure that they’re New Zealand friendly in terms of cashier policy.
- 2
Pick a payment method that offers the fastest payouts
If you’re going to choose a credit card as your cashout option, we can already tell you that the chances of a fast payment is slim. E-wallets are a better choice and most fast payout casinos offer a wide range.
- 3
Be quick to provide KYC documentation
Many fast payout casinos in NZ will offer the option of providing this upon registration, but few players take them up on it. This means that your withdrawal won’t be processed until you provide them.
- 4
Make sure any wagering requirements have been fulfilled
If you’re playing with bonus cash and you haven’t yet fulfilled your playthrough, even the best fast payout casinos won't be able to help you.
Should you play at the fast payout online casinos?
So you’d like to get your hands on your money as soon as you can, but you’re feeling a bit wary about opting for the fastest payout casinos rather than your regular platform. Change can be scary, but sometimes it’s worth your while. Let’s take a look at some pros and cons to help you view things clearer.
Pros
- Fast access to your money – what’s not to like here? There’s a lot to be said for knowing that any winnings will become ‘real’ in no time at all.
- Excellent if you’re not a frequent player – if you play casually, you may not want to hang around until your winnings are cleared, so these casinos are a great option.
- Very transparent withdrawal terms – casinos that pride themselves on fast withdrawals make it a point to explain all T&Cs very clearly.
- High maximum withdrawals – sites that are happy to hand over your money are more likely to let you cash out your entire winnings in one go, rather than imposing low caps.
Cons
- Not many sites to choose from – reality is that a fast payout online casino is the exception, as most sites prefer to give a conservative estimate for legal purposes.
- You still need to meet wagering requirements – if you’re using your bonus cash and you haven’t met these yet, you won’t be able to cash out instantly.
Getting started at the fastest withdrawal online casinos
By now you should have a very clear idea of what to expect from the fastest payout online casinos NZ has to offer. It’s time to start playing, and we explain exactly how in the guide below.
- 1Choose your preferred fastest paying online casino from our list of recommendations.
- 2Register for an account, making sure you fill in all the fields.
- 3Provide any documents that are requested for KYC verification purposes, as this will save you time later.
- 4Make your first deposit, making sure that it’s enough to make you eligible for the welcome bonus.
- 5Navigate to the games lobby and start enjoying your favourite titles.
Fastest payout casino FAQs
What is the fastest payout casino?
We highly recommend Jackpot City Casino as our top rated fastest withdrawal casinos, as it has been thoroughly tested by our experts and found to offer not only speedy withdrawals but also an overall superb online gambling experience. If you’d like to see more options, check out our curated list of fastest paying casinos in NZ.
Which online casinos pay out immediately?
While Jackpot City Casino has some of the fastest casino payouts, it is very difficult to guarantee an immediate payout in all cases. This is because the process depends on how fast you offer the documentation required for KYC verification by law. Moreover, your choice of withdrawal methods will also affect the transaction times.
Do casinos have instant withdrawals with no verification?
Yes, some casinos do offer instant withdrawals with no verification. However, we would advise you to steer clear of them as KYC verification is required from all licensed online casinos by law. The fact that they are skipping this step makes us conclude that they are not licensed, which means that we can’t in all conscience recommend them to players as their security and protection measures are not up to our standards.
What casinos have under 1 hour withdrawal?
Casinos like Jackpot City Casino, that accept e-wallets, may offer instant withdrawals under one hour, although these depend on a number of factors and thus cannot be guaranteed. For starters, the verification process must already have been completed. Moreover, there will always be a degree of administration required that can lead to this timeframe being exceeded. This is why we prefer to give an average estimate for our fastest payout online casinos in NZ.
Written by Ramona Depares
Ramona Depares is an award-winning journalist focused on cultural and entertainment related content. Based in the Mediterranean gaming hub of Malta, she has taken a deep interest in gambling related news since the earliest days and has seen the global landscape evolve. Ramona specialises in the legal and regulatory aspects of gaming across multiple jurisdictions, with specific interest in NZ and US markets. She is also a best-selling author of fiction and non-fiction books.
