How Do I Make Deposits and Cashouts at Canadian Online Casinos?

Canadian online casinos are now more popular than ever, with a growing number of sites to play at. Canadian online casinos offer hundreds of exciting games such as online slots, blackjack, roulette, and more, all in one place. Players can sign up to these legal sites and make a deposit to start playing with real money. 

Before you start playing online, it’s a good idea to make sure that the site you’re using is safe and your payment details will be protected. All good online casinos should be licenced by a reputable gambling authority like the Kahnawake Gaming Commission, and encryption should keep your details secure. You’ll also need to know how to move money to and from your account quickly and easily, which is why we’ve created this guide. See the full steps on depositing and cashing out at an online casino in Canada with real money below.

Canadian Casino Payment Methods

Most Canadian online casinos offer a range of payment options, allowing you to choose which one suits you best. Each type provides a unique set of advantages and disadvantages, so think carefully about which one works best for you. The most common types of payment methods supported at Canadian online casinos include:

Debit/credit cards – Debit or credit cards are the most widely accepted form of payment method at online casinos. Almost every casino you’ll come across will accept both Visa or Mastercard payments. Some may even accept American Express. These are the most commonly used type of payment due to convenience, although they tend to be slower and don’t offer the same security as other methods. 

  • Interac – Interac is a Canadian payment processor that links banks to businesses, allowing Canadian users to quickly and easily make payments online. A growing number of online casinos accepting Canadian players now support Interac payments, making deposits and withdrawals much simpler and more convenient. 
  • InstaDebit – Instadebit is another Canadian payment service that makes online payments faster and more secure. It’s a type of eWallet that gives users more control over how they pay for things online, and many online casinos now accept it. You can use InstaDebit to quickly make deposits, although not all sites will allow you to make withdrawals using this service. 
  • PayPal – PayPal is one of the world’s biggest eWallet services, and it’s widely accepted at online casinos all over the world. Giving users the ability to send and receive money extremely quickly, PayPal also offers a higher degree of security compared to traditional payment methods. 

How to Make a Deposit at a Canadian Casino

To make a deposit and start playing at an online casino, simply follow these steps:

  1. Sign up and create an account if you haven’t already
  2. Read the terms of the bonus to make sure you can claim it with your first deposit
  3. Select the deposit now option and choose your preferred payment method
  4. Enter your details or log into your eWallet to approve the transaction
  5. Complete the payment to send the funds to your account

In most cases, your deposit should be available instantly, letting you start playing right away.

How to Make a Withdrawal at a Canadian Casino

Making a withdrawal is usually just as simple as adding funds to your account. Just make sure you follow these steps:

  1. Read the full terms of any bonus to make sure you can withdraw. Some bonuses have wagering requirements that you’ll need to meet before you can cash out
  2. Choose a withdrawal method from your account and enter the amount you’d like to withdraw, making sure it’s over the minimum amount and under the maximum limit
  3. Approve the transaction and verify your ID if prompted to do so
  4. Wait for your withdrawal to reach your account. The time it takes will depend on the method you use and the casino. You can usually ask the customer support team if you’re unsure.  

 

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