Are you interested in playing casino games for real money and want to know how to make an online casino deposit? Then check this guide on casino banking and find out how to fund your Canadian online casino account easily and play in Canadian dollars!
More than that, if you are a fan of a particular online casino banking method, then you’ll be pleased to find out that you can also grab a free casino bonus when you make a deposit. Just choose a casino payment method you prefer and claim top casino bonuses.
Most popular casino banking methods in Canada
Please find below the most common casino payment methods at Canadian online casinos. You can take a look and see the time it takes to deposit and what fees it comes with.
| BANKING METHOD | TIME TO DEPOSIT | TIME TO WITHDRAW | REQUIRES 3RD PARTY ACCOUNT | FEES |
|---|---|---|---|---|
| Interac | Instant | Instant | No | None |
| iDebit | Instant | Instant | Yes | $2 Fee to move funds from bank to iDebit account |
| eCheck | Instant | Up to 7 Days | No | None |
| Citadel | Instant | Up to 3 Working Days | Yes | $1.50 per transaction |
| InstaDebit | Instant | Up to 10 Days | Yes | $1.95 when depositing / $2 from InstaDebit to your bank |
| EcoPayz | Up to 1 business day | Instant | Yes | 1.69%-2.9% to deposit into EcoPayz account |
| MuchBetter | Depending on the funding method | Depending on the funding method | Yes | Depending on the funding method |
| WebMoney | Instant | Instant | Yes | 0.8% per transaction |
| Jeton | Instant | Depending on the funding method | Yes | Depends on the funding method |
| Paysafecard | Instant | N/A | No | None |
| Neosurf | Instant | N/A | No | $1.49+ |
| Revolut | Instant | N/A | No | None |
| AstroPay Card | Instant | N/A | No | None |
| Flexepin | Instant | N/A | No | None |
| Visa | Instant | Up to 3 days | No | None |
| MasterCard | Instant | Up to 3 days | No | None |
| Bitcoin | Instant | Instant | No | None |
| Litecoin | Instant | Instant | No | None |
| Ripple | Instant | Instant | No | None |
Sites with the Best Payment Methods for Canadians
How to make an online casino deposit?
Online casino players who want to play for real money, naturally, must make an online casino deposit. By successfully making a deposit, a player funds his casino account and takes credits to place wagers. Although it may sound complicated, it really isn’t. Making deposits is easy and any player can do it. Nowadays, you can even play casino games and make deposits from your mobile phone.
To finalize an online casino deposit and fund your casino account you need to choose a banking method you wish to use and figure out an amount.
Once you’ve chosen your preferred payment method (by selecting it on the cashier page) you just need to follow a few short, simple steps to complete the transaction.
If you decide to use a credit card, you’ll need to enter the credit card number and the desired amount in the designated areas. If you choose one of the e-wallets, the casino will redirect you to the login page. There, you’ll enter your login info (email and password) and then choose the amount to transfer.
Mobile payments require your mobile phone number and the amount you wish to deduct from your phone credit (or added to your phone bill at the end of the month).
Some casino payment methods finalize the deposit with a quick confirmation in the form of a text message or a pop-up window. Whichever method you chose, the system will guide you through it, and you’ll have the funds immediately available on your casino account.
Is making a casino deposit safe?
Casino deposits are necessary if you choose to play for real money. They are fast and efficient. You can see them as an investment. The more money you deposit, the longer you play; the longer you play, the bigger the odds of winning big. However, the question remains – are casino deposits safe financial transactions? You wouldn’t want to invest your personal funds, your hard-earned money, into a risky business and that’s completely understandable.
Casino operators are obligated to provide online gambling services in a safe environment, and that includes not only data protection and software regulation, but also secure banking. Since all the major Canadian casino websites use advanced SSL encryption technology, all the financial transactions are conducted in a well-protected ambience. Not a single detail of your identification information and amount sizes is available to third parties.
Furthermore, each of the available banking methods at Canadian online casinos has its own security. Most of them apply multiple safety layers, including encryption, passwords, confirmation messages and the list goes on. Due to the anonymity most casino banking methods provide, players’ identities are safe and there is no way to track their financial activities in and out of the casino site.
Making casino deposits is just as safe as any other online purchase or money transfer. As long as you stick with reputable casino brands with reliable casino banking methods, you can’t go wrong and have nothing to worry about.
Why make a CAD Casino Deposit?
Well – taking into account that you’re Canadian, it comes without saying that choosing a CAD-friendly online casino will be your best option. here is why I have listed below some of the top Canadian casinos accepting Canadian dollars. So choose one – and gamble in CAD!
| Rank | Casino | Bonus Offer | Number of Games | Payout Speed | Win Rate | Play Online |
|---|---|---|---|---|---|---|
|
#1
|
Casumo Casino
|
C$ 1,800
|
630+
|
1-2 days
|
97.84%
|
|
|
#2
|
Jackpot City |
C$ 2,000
|
700
|
2 days
|
97.59%
|
|
|
#3
|
Royal Vegas
|
C$ 1,200
|
650
|
1-2 days
|
97.49%
|
|
|
#4
|
Jackpot Village
|
C$2,300
|
3500+
|
0-1 day
|
97.61%
|
|
|
#5
|
Dunder Casino
|
C$ 600
|
300
|
1-2 days
|
98.91%
|
What are the most common casino payment methods?
The great thing about making deposits at online casinos is that there’s a wide range of banking options to choose from. From popular Visa credit cards to modern e-wallet services, online casinos will do the best they can to make all transfers happen fast and safe.
Some popular and most frequent casino banking methods used worldwide in the likes of Skrill, PayPal and Neteller, aren’t available in Canada at this time, but we’re still left with plenty of options.
InstaDebit, for example, is one of the top e-wallet methods available at hundreds of Canadian casinos on the web. Extremely practical and easy to use, InstaDebit enables fast transactions, anonymous logins, free service and secure money storage.
EcoPayz is another preferred e-wallet. To use EcoPayz, one only needs a valid email address and a secure password. You can tie your EcoPayz e-wallet account with a credit card and keep the constant flow of funds from the card to the wallet. When the time comes to make a casino deposit, just access your EcoPayz account and complete the transaction in half a minute – without even sharing your card info with the casino platform. MuchBetter works in a similar way.
Other popular casino banking methods include Visa, MasterCard and Maestro cards, prepaid vouchers like Paysafecard, Neosurf, Revolut, but also cryptocurrencies like Bitcoin or Litecoin.
At the end of the day, it’s what a player feels more comfortable with or has access to.
How do I withdraw my winnings?
Online gambling isn’t just about depositing money – it’s about withdrawing your winnings as well. Players engage in online gambling for fun, but also to make a profit. Here is why finding the fastest withdrawal online casinos is important.
When you hit a jackpot or score a big win, your casino balance will get bigger and you’ll want to cash out some or all of that money so that you can use it in your everyday life. A present for a loved one, a nice dinner or a new car is just some of the possible ways to spend your casino winnings. To be able to do that you need to withdraw them first. It’s important to know that withdrawals are just as easy as deposits, and there is nothing to be concerned about.
To request a withdrawal at an online casino, the player needs to visit the cashier page. Due to money laundering policies, some casinos insist that you use the same banking method for withdrawals as you did with deposits. Others are more liberal about it and will let you withdraw via other methods too.
Some casino banking methods, however, don’t support withdrawals because of the way they are supposed to work. For example, you can’t request a cashout to be credited to a prepaid voucher.
In general, withdrawals can take a bit longer than deposits, but the process is practically the same as when depositing.
Withdrawal time at Canadian online casinos
| Withdrawal Method | Time to Withdraw |
|---|---|
| Interac e-Transfer | 2 – 6 days |
| Interac Online | 2 – 48 hrs |
| Instadebit | 2 – 48 hrs |
| iDebit | 2 – 48 hrs |
| MuchBetter | 2- 48 hrs |
| ecoPayz | 2 – 48 hrs |
| Jeton | 2 – 48 hrs |
| eCheck | 2 – 5 days |
| Visa/Mastercard | 2 – 6 days |
| Bank Cheque | 7 – 21 days |
