Casino Banking Canada

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

5.0 rating
Canadians are greeted by an amazing offer as soon as they visit the Casumo website. The welcome package consists of the following two bonuses: 100% match bonus up to $1,800 and 115 free spins.
New players from Canada are eligible for a lucrative three-part welcome bonus that allows them to win up to $7,000. In addition to that, players will receive 120 free spins for specific games.
4.0 rating
The operator has a three-part welcome bonus package on offer, exclusive to its Canadian players: 1st deposit — 200% match bonus up to $50 + 180 bonus spins on Book of Dead, 2nd deposit — 50% match bonus up to $150 and 3rd deposit — 25% match bonus up to $400,
4.5 rating
JackpotCity offers a hefty welcome offer for new customers in Canada, which helps it attract new players in the competitive Canadian market.
4.8 rating
The popular casino features a three-part welcome package available on your first three deposits. You can win up to $2,300 from three deposit bonuses if you’re aiming for the upper cap.
4.5 rating
LeoVegas features several welcome bonuses, the main one being the $1,000 first deposit bonus, on top of which you’ll get 200 free spins on the Book of Dead video slot.
Royal Vegas Casino has an exciting and substantial welcome bonus that rewards you with up to $1,200. It comes in four stages — each can be claimed with a separate minimum deposit of $10 or more.
4.8 rating
New customers at SpinAway are entitled to a massive welcome offer. The intro package is split into three bonuses, one for each of the three deposits you make on the site.

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.

Casino Payment Methods Not Available in Canada

Unfortunately, some casino deposit methods aren’t available in Canada at this time. This is the list:

  • Skrill
  • Neteller
  • Paypal
  • Entropay
  • Bank Transfer
  • Google Pay
  • UseMyFunds

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?

Casino Banking Canada

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
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