Introduction to Interac and why it is good for Casino Deposits
Interac is a popular Canadian payment method used by over 16 million Canadians to make payments and fund accounts online. It’s also one of the most trusted ways for players to deposit money into their casino accounts, ensuring complete security and privacy.
The original service is called ‘Interac Online’ which allowed real-time money transfers directly from your bank account via the web. In 2018, however, this was discontinued in favour of Flash payments (cryptic messages), but is still used for online casinos in Canada.
Most Popular Online Casinos That Accept Interac
When you find a casino that accepts Interac, you can play the most popular games online with ease. Discover everything these leading casinos have to offer and get in on the action today!
How We Rate Casinos that Accept Interac
Once we’ve reviewed the games and played a few spins of online slots ourselves, the team carries out some key tests on our shortlist of top Canadian casino sites. Real money is used for these tests to obtain accurate results.
- Safety & Security – We check that all recommended sites use encryption protocols at least as strong as those employed by major financial institutions.
- Quick Payout Speeds – Our reviewers test the cash-out times advertised and look into any complaints from players about slow or no payouts.
- Mobile Gaming – All casinos are tested equally whether you’re playing via download app, instant play mobile casinos or browser desktop gaming so it’s guaranteed they’ll all work perfectly with Interac deposits.
- Game Variety – Whether you enjoy slot machines, table games (such as blackjack) betting sports online in Canada for real money, live dealer rooms or anything else gambling-related, trusted CA depositing options offer them all. Don’t forget to see what promotions are available too!
Pros & Cons of Interac Casinos
While Interac is a great choice for many players at online casinos, there are some pros and cons when compared to other options. Here’s what you need to know:
Pros | Cons |
Instant deposits via e-Transfer | Not widely accepted outside of Canada as payment method. |
Low fees and high limits in Canada. | |
Great security features like two-factor authentication. | |
Available at almost all Canadian casino sites. |
How to Make a Deposit and Withdraw Using Interac
Interac is a popular and well-established payment method that’s accepted by the majority of Canadian online casinos. Not only does it offer secure transactions, but also fast withdrawals for added convenience. To use Interac at your chosen casino, simply follow these steps:
- Visit an online casino which accepts Interac and create an account.
- Head to the cashier page on your new account and select Interac as your preferred payment option.
- Choose whether you want to deposit or withdraw using this method – all gambling sites in our list accept both options with no fees attached.
- You’ll then be redirected to the familiar pop-up window where you can enter the relevant banking information required.
- Select the required bank from the list of Interac partners. (You may be asked to log in online/mobile banking).
- Select the bank account you need to deposit or withdraw funds.
Note that the maximum transaction size is the limit for your account, which is set by your bank. It is usually $2,000-3,000 for send and 20 000 – 25 000 for receive.
Interac Deposit and Withdrawal Times
Making a deposit at an online casino with Interac is an instant process, thanks to the partnership between your chosen casino and this secure payment method. You’ll find that you can also withdraw funds in record time, providing all verification checks have been completed by the operator.
It’s important for us to highlight that withdrawal times may vary from one site to another but they are typically (30 min) much quicker than using other popular banking methods like debit/credit cards or bank transfers.
Interac Fees and Commissions
Interac charges a small fee to the operators when moving money from player to casinos. Unlike traditional card payments, Interac doesn’t charge withdrawal fees for moving winnings back into your account.
However, while most online gambling sites don’t charge fees for Interac transactions either (or any other deposit and withdrawal methods they accept), some may impose minimal processing or transaction costs on you – especially at lower levels of depositing or cashing out.
Fees for services | |
Sending funds | 1.50$ |
Receiving funds | free |
Transfer stops | free |
Expired transfer (after 30 days) | 5$ |
Games and slots to Play at Interac Casinos
When choosing an online casino payment method, you’ll want to pick one with a wide range of games to choose from.
Online slots are among the most popular types of game at Canadian Interac casinos. Not only do they offer big payouts and exciting gameplay, but there is also a huge number of options available. You can find classic 5-reel slots like 9 Mask of fire that echo traditional land-based Vegas machines or modern video slot games which take advantage of cutting-edge graphics and bonus features.
Live casinos have revolutionized the way players enjoy table and card games online. By using live streaming technology, you can now interact with real dealers in real-time as we bring Las Vegas straight to your home! Experience all the glamourous action on Live Baccarat Squeeze or play alongside other bettors who will be virtually sitting next to you in Lightning Roulette.
Alternatives to Interac for deposits at Casinos
If you’re not able to use Interac, there are plenty of other top-rated payment methods available at online casinos. These include popular e-wallets like PayPal and Skrill, which offer fast payouts.
Alternatively, our guide to real money gambling sites in Canada details a range of alternative payment options that accept Canadian dollars.
Interac Application and Mobile Version
For players in Canada who prefer mobile gaming, there is also an Interac app available for download via both iOS and Android platforms. The application does not offer any additional features to the desktop version; however, it allows you to quickly and easily carry out transactions from your phone or tablet.
Many online casino operators have also developed their own mobile applications. Using these will enable you to enjoy a more streamlined gaming experience on the go.