Interac is one of the most popular payment methods in Canada, and as such has found its way into online gambling. In this article we will cover everything there is to know about online casinos that use Interac.
Online casinos in Canada offer a wide range of banking options – from bank transfers, debit and credit cards, e-wallets and more. The most widely accepted option amongst Canadian casinos is Interac. Although not every casino currently offers this option more and more are adopting it as a safe and reliable payment method. In this article we aim to help you find the best Interac casinos and go over everything there is to expect from an Interac casino in Canada.
🔥 Best Online Casinos updated: 30 Jan 2023 08:08:20
📍 How we rate internet casinos in Canada
When it comes to online gambling, Canada is quickly becoming a gambling paradise with a wide variety of options to choose from. But with such a broad selection also comes the hassle of finding the perfect casino that will fit your needs. When choosing which casino to play at it’s important to look at different aspects. We’ve highlighted the most important ones below.
🔔 Safe and secure
Most online casinos in Canada are safe and secure, but of course there are some exceptions to this rule. To avoid frauds and ensure your information is safe and sound you should look for casinos with valid gambling licenses from the following sources, MGA or CGA.
🎰 Game selection
Once you’ve found a safe place to gamble – certified by gambling authorities and equipped with the latest security encryption – you should look at what games they have to offer. The more the merrier! Some sites may only offer games from a single provider, while others may choose to fill out their catalogue with games from multiple providers. Either way the more options you have the more likely you will be to find games that keep you engaged and entertained.
🌟 Payment methods
As mentioned above, online casinos in Canada have lots of payment methods to choose from. Many services offer a variety of choices and those are the ones we recommend. Online casinos that accept Interac are becoming more and more popular, and finding one that does is like winning a jackpot.
The faster you can transfer your money to and from your account, the better the gambling experience.
🎮 Finding and Choosing Online Casinos that Accept Interac
We hold in high-regards any online casinos that use Interac, Why? Because it’s a sign that you are dealing with a reputable and safe casino that will process your payments quickly, which is what everyone wants out of a casino. Here are a few of the reasons that make an Interac casino a good choice.
As Interac is one of the safest payment methods, it will only allow safe and reputable casinos the option of transferring money using their services.
Interac transactions are processed instantly, players will be able to both deposit and withdraw money in no time.
Interac will more often than not offer the best depositing and withdrawal limits.
Why use Interac for online gambling in Canada?
All of our experts agree that finding an Interac casino is a good choice in terms of banking methods. Ignoring the other aspects of gambling, this is what our experts have to say about using Interac for online gambling:
As Interac deals with over two hundred and fifty different banking, credit, and financial institutions, it is safe to say that Interac is incredibly secure. This is what most players are looking for from online bank transfers. Interac safety includes:
Up-to-date safety protocols;
Blocks shady sites;
The Zero Liability option protects from the second party losses.
It’s near impossible for your data to be stolen when it come to using Interac, which is why it is a perfect fit for online gambling. The combination of online security and Interac security provides the most secure transactions for anyone who chooses this method. Interac also refuses to work with any casino that doesn’t have proper security.
💡 Pros and Cons of using Interac for online casinos deposits
There are many advantages when using Interac for online gambling and only a few disadvantages. Not to say that, for example, e-wallets are bad, nor that any one option is better than the other. We simply aim to provide the pros and cons of each payment options to allow you to choose the one that most fits your needs.
real brick-and-mortar casinos use chips as betting currency. Online credits can be referred to as chips as well.
✔️ Interac online casino deposits take place immediately and your money is available for betting at once.
✔️ There is no way to get your information leaked to hackers.
✔️ An Interac deposit online casino will often provide the same conditions for withdrawals.
✔️ You can use Interac options to better regulate your personal monetary limits.
❌ Not every online casino will offer Interac as a payment method, although the number is constantly increasing.
Although it is usually possible to use Interac for both deposits and withdrawals, sometimes the gambling services won’t offer the latter option. Many players like to have both deposits and withdrawals done via the same banking method because it’s quicker and more convenient. Still, due to Interac’s quality, players shouldn’t run away from using two options if one of them is Interac.
Date of foundation
iLucki, King Billy, VideoSlots, Gate777, CasinoCruise etc.
When we talk about depositing funds using Interac, the process is incredibly fast, ranging from instant to only a few minutes. This means that players in Canada will see the funds transferred to their gambling account immediately after accepting the transfer, or it may take no more than five minutes.
Having to wait for days to collect your winnings can oftentimes be very frustrating, especially when in need of cash. That’s why many online casinos offer instant money transfers and every player should take advantage of them.
When it comes to withdrawal processing times, it depends more on the chosen casino than with Interac. Depending on your chosen casino you may have to wait a bit to access your earnings, but it is still faster than regular banking methods.
Numerous sites will offer instant cash-outs on players’ returns.
Some Interac spots will have around 24 hours of processing time.
Very few sites will take longer than 24 hours, but not longer than three days.
The amount of money a player has won through betting.
Minimum and maximum Interac casinos deposits and withdrawals
When talking about minimum deposit and withdrawal limits, it all depends on the Interac casino. There are some sites that accept deposits as low as rdaddphp CAD, although those are rare. Some services are a bit cheaper with a minimum limit, some with , but the majority will ask for as a minimum deposit. The maximum deposits can up to thousands, as casinos’ main purpose is to earn as much as possible.
The withdrawal limits are often different. While minimum limits can also range from around CAD , maximum limits will be much lower than deposit limits. Some casinos will set a 00-dollar weekly withdrawal limit, while others may set daily limits. It all depends on the service, and it is recommended to carefully read the terms and conditions before joining any site.
Most of the online casinos in Canada today are optimized for mobile use. This makes it easier to access your favourite games on the go and allows you to transfer money with Interac all on a single device. Mobile versions are available for the following devices:
Every online casino will offer various bonuses and promotions to new and existing players. The welcome bonuses they offer are often used to play for free, but also to earn some money without depositing any. Popular welcome bonuses that one Interac online casino may offer to the new players are:
No deposit bonuses – a player will not have to deposit any money at all to claim such bonuses. These usually include free spins for various slot games but can sometimes include bonus credit as well.
Matching bonuses – casinos will give a percentage of the deposit to the player. For example, a 100% bonus on deposits up to 0 will give players 0 more than deposited.
Bonus cash and Free spins – Some sites will offer a huge amount of both bonus credits and free spins via several deposits. This means a player can collect up to 00 CAD and 400 free spins over their first couple of deposits. Some conditions may apply.
Loyalty Rewards – An Interac casino can provide various promotions to players who have already used the welcome bonus. When players deposit money on certain days, they can get a percentage bonus.
Using welcome bonuses to gamble can be a great source of fun. No deposit bonuses provide a genuine gambling experience without having to spend a dime. Playing for free is great, winning for free is even better.
Bonuses Interac Casinos
up to 180C$
up to 750C$
up to 1000C$
up to 1500C$
up to 300C$
30 – 120
25 – 125
Free Spins Wagering
💠 How to deposit at an online casino with Interac?
It will take: 10 minutes
Topping off your casinos account with Interac is simple, follow these steps to get started:
In the Cashier option, click on the “Deposit” button to start the process.
The list of available banking options will appear and you will have to choose the Interac option.
Enter the amount of money you wish to deposit and click “accept”. That’s it, the money will be available instantly.
No. Interac is available for Canadian players and online sites that operate in Canada. Still, not every online gambling house in Canada will accept Interac as a payment option. Due to increasing popularity, Interac is becoming more and more available in Canada.
Is Interac better than other banking options for online gambling?
While many e-wallets can be considered as good as Interac, there are some differences between the two. For example, Interac is directly connected to a player's banking account and is much safer to use. Some e-wallets can have a faster processing time or better bonuses. It is all up to the preference of the player.
Why is Interac so popular in Canada right now?
Interac connects almost all the banks and other financial institutions together and uses your banking account for fast and safe payments. It is arguably the safest online payment option available to Canadians and can be used for many purposes, online gambling included.
Are there any fees included in online gambling using Interac?
On a majority of sites there are no fees for depositing money into your account. Although some casinos may incur processing fees on deposits, they do so irregardless of the banking method used. The most common fees that you may encounter are withdrawal fees. These fees are set by the casino and not by Interac, we recommend you find casinos without any withdrawal fees.
Do I have to wait long for the money to transfer using Interac?
In general, the deposit time with Interac is instantaneous on most sites and the money will be available for gambling from the moment you transfer it. In certain casinos the withdrawal could take up to three days, but instantaneous to 24 hour wait times are the most common.
Will I get any bonus for using Interac?
This depends on the casino. Online gambling sites usually don't take into account the banking method when giving out bonuses, but sometimes it may happen. When these kinds of promotions are offered you will notice they are more common for Interac and cryptocurrencies. As these bonuses may come and go, the best is to keep a track of the ones that provide bonuses based on banking methods.