Interac Casinos in Canada: Use Interac Casino Deposits with Easy Withdrawals
If you live in Canada and like to gamble then you are probably interested in playing at a casino that accept Interac payments.
Our team at Wagering Advisers has compiled a list of top Interac casino sites for Canadian players. Continue reading to find out how these online payments work and to see how we evaluate Interac deposit casinos.
Best Online Casinos that Accept Interac Picked by Wagering Advisers
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What Is Interac Payment System?
Interac is a payments company or a debit network, created by Canadians for Canadians. It was technically founded in 1984 but the company we know today was created in 2018 through the merger of Interac Association and Acxsys Corporation. Interac Corp.’s services or Interac payments represent over 50% of transactions in Canada, which makes it the most popular banking option there.
Canadians can use the e-transfer feature to send funds to their friends or family members, but this feature is also used on Interac casino sites to make a deposit. It is a very fast, convenient and secure way to transfer money, and it’s easily the number one payments app in Canada.
The app for the phone can also be used as an additional layer of security. It allows users to authenticate the transfer request, so you don’t even have to worry if someone somehow gets ahold of your account.
Bear in mind that there are certain transfer limitations, and the daily cap is 3000 CAD. Still, want to top up by Interac or cash out this limit will rarely be an issue. Most players deposit between C$20-C$50 per week, and even if you want to make use of the welcome offer you won’t need more than 1000 CAD. Finally, there are no big fees for using this banking option, but there is a flat fee of C$0,5 for payments up to C$100 and C$1 for payments over C$100.
Pros
- There are lots of casino sites that accept Interac in Canada, so you will find multiple operators
- Safe and fast
- Withdrawals are fast, easy and your funds can be in your account in 2-7 hours
- Anti-Fraud – Thanks to EMV secure chip you don’t have to worry if someone will get access to your data, or that a third party will take advantage of your information.
- You can use it for both deposits and withdrawals
Cons
- It’s only available in Canada
- Transfer limitations may bother high rollers
How do Interac Casino Deposits and Withdrawals Work
Using this payment method on gambling websites is easy:
- Select any Interac-supported casino in Canada from our list and create an account
- Finish the verification, log in, and select Cashier from your user menu
- Go to Deposit or Add Funds and pick Interac as the payment method
- Type the amount you wish to deposit, pick the bank with your account, and confirm your choice
- The casino will likely provide you with a specific email that should be designated as a recipient. This is if you choose to make payment using Interac e-transfer feature.
- You will be asked a security question to confirm the payment.
- Wait for a few seconds the funds should be visible in your account
- You might also have to tick the box or type in the promo code if you wish to claim the bonus with this first deposit.
Once you have funds in your account that are eligible for withdrawal, you can once again use Interac to cash out. Just go to the Cashier tab once again, select the payment method and type in the amount you wish to withdraw. Bear in mind that funds won’t be in your account immediately after you initiate the withdrawal request. The payments team at the casino will have to review this and approve your withdrawal request, and that can take up to a few days.
Interac Online Casino Bonuses and Terms
Even though Interac allows you to make small transfers you will have to make a payment that is equal to or exceeds the casino’s minimum deposit policy. The same rules apply when you wish to make a withdrawal.
- Typically Interac deposit casinos will allow you to make a payment of at least C$5 but depending on the operator it can be C$20.
- The minimum withdrawal is usually C$20 unless you are using a bonus that designates that the minimum withdrawal needs to be higher.
- Every operator also has its own maximum withdrawal policy. This can be a daily, weekly or monthly cap.
- Interac has a daily limit as well, it’s C$4000 and it has a weekly limit of C$10000.
- There is also a transfer fee of 0,5$ for transactions below 100 CAD and a C$1 fee for transitions above 100 CAD.
It’s also worth pointing out that your withdrawal requests can be denied if you claimed a bonus and didn’t meet wagering requirements. So, make sure you read the terms before you agree with them, or before you enter the promo code.
Wagering Advisers Criteria for Selection of the Best Interac Casino Sites
When we evaluate and recommend Interac casinos, our priorities are safety and quality of entertainment. Here is a short overview of what we examine before we decide whether the operator qualifies for our recommendation.
License and regulation – The best way to confirm if the operator is safe for players and does things by the book is to see who regulates them. Sites we recommend tend to have one or more licenses (UK, Malta, Kahwakee, Gibraltar), and they are even registered with iGaming Ontario.
Software providers – We include those sites that host games from publishers and developers that are highly praised in the online gaming community. Companies like NetEnt, Playtech, Microgaming, BetSoft and others are deemed high quality by our team.
Promotions – Fair and generous bonuses play a huge role in the overall user experience. We aim to recommend operators with an array of promotions, and we prioritize those that have promos with low or no wagering requirements.
Payments – Although Interac is very popular in Canada, it shows a higher level of professionalism when operators have multiple banking options. PaySafeCard, PayPal, ApplePay, ecoPayz and Pay-by-phone are all considered important alternatives.
Customer support – Issues and problems are inevitable in any line of work, so we expect operators to address them and resolve them as efficiently as possible. This is why we test the responsiveness of the support team and share our experience with the readers.
What to Expect When Playing On Interac Casinos in Canada
Every operator is unique in a way, but at the end of the day, a lot of them have similar content. So here is an overview of what to expect in general on any Interac casino recommended by Wagering Advisers.
Games
The overwhelming majority of online casino players are mainly interested in slots. So, operators usually focus on providing a diverse slot selection to keep things interesting. You will find classic slots, that really resemble some of the most iconic slot machines from renowned developers. You will also find more visually stunning experiences with unique themes and very innovative bonus rounds.
Slots also vary in terms of volatility, minimum and maximum bet sizes, and there is a special category for progressive jackpot games. This is something big spenders really love to see, as the prize pool can get ridiculously high. There are also sites that host slot tournaments, which are usually free to play and you can win extra gambling credits if you are lucky enough.
Table game selection gives players everything they’d expect at land-based casinos and more. You can find different versions of roulette, baccarat, blackjack and craps. Moreover, you get to choose the tables based on bet size limitation, which definitely makes budget management a lot easier. Table games might also include video poker, as well as lottery content like bingo and keno.
Almost all the operators on our list also feature live dealer games and shows. This has become a go-to option for all players who are predominantly interested in table games. It’s a fun way to engage with casino games and socialize with other players.
Finally, certain bigger brands might also offer sports betting and online poker rooms. So, if you are interested in that form of entertainment, make sure you read the full review to find those sites.
Bonuses
Most of the bonuses you’ll see will give you a match on your deposit and are likely to include free spins that are usable on specific games. That being said, some operators do allow you to choose the welcome offer based on your preference so you might be able to get free chips, or even free betting slips instead of spins.
The wagering requirements for these promotions will likely incentivize you to play slots in order to qualify for the withdrawal faster. Lots of online casinos also have VIP programs so if you are a frequent spender you will definitely unlock some additional perks. Finally, always be on the lookout for no deposit bonuses and no wager bonuses, these aren’t as rare as before and usually give you good value.
The Advantages of Using Interac As a Payment Method
Interac is one of Canada’s most popular payment methods, thanks to the many benefits it offers. Some of the benefits provided by Interac include:
- Transfers are safe
Interac uses encryption technologies to ensure that its funds are safe and secure throughout its game.
- No need to make an account
This advantage doesn’t imply to everyone. If your preferred banks use Interac, you won’t need to make an Interac account because you’ll automatically have one.
- Low transfer fee
The transfer fees are really low and flat regardless of the amount. This makes Interac the perfect payment method for high rollers.
- Allows players to withdraw their funds
A significant number of Canadian online casinos allow withdrawing funds with Interac. The withdrawal process is easy, and the withdrawal request is processed within 24 hours.
The Best Interac Alternatives for Online Gambling
Some excellent Interac alternatives are available in Canadian online casinos. Let’s discuss some of the most popular alternatives among Canadian players.
InstaDebit
InstaDebit is one of the most popular depositing methods in Canadian online casinos. It’s a form of an e-wallet that’s 100% safe. This method is popular because when gamblers use it, they don’t need to disclose any personal or financial data, so their privacy is guaranteed. This payment method has minimum fees and allows both depositing and withdrawing.
Paysafecard
Paysafecard is one of the safest payment methods accepted by many online casinos. This payment method is popular because it keeps the user’s identity and banking details safe. There are no additional fees when making payments, but the downside is that you can withdraw funds using Paysafecard.
Google Pay/ Apple Pay
Google Play and Apple pay are among the most modern payment methods and the most popular mobile payment technologies. Depositing with this method is safe, easy, and instant, and users can directly make a deposit using the website or their app. Unfortunately, not many Canadian online casinos accept this payment method.
Conclusion
Canadian players who decide to make an account on Interac casino sites are making the right choice. These are some of the safest operators available in Canada, and they have a lot to offer in terms of games, bonuses and loyalty programs. We do our best to make it easy for you to choose the right online casino for you. So make sure to read our in-depth reviews to know exactly what to expect before you start playing.
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