An Interac casino accepts fund transfers from most Canadian banks through the increasingly popular Interac Online and e-Transfer systems.
All of the online casinos that accept e-Transfer and Interac Online offer a streamlined solution to your gaming funds transfer experience.
The payment method is safe, reliable, convenient and one of the easiest ways for Canadian gamblers to make deposits and withdrawals.
Interac is trusted and associated with hundreds of Canadian financial institutions, so you can rest assured that your online gambling transactions are safe.
It also protects your private information with encryption technology. Plus, it never shares sensitive data with third parties, which adds an additional level of security.
If you have a participating Canadian bank account, casino deposits and withdrawals are a breeze with this payment method.
Best Interac Casino Canada 2021
Finding the best Interac casino Canada has to offer can be elusive with so many different gambling sites and welcome bonuses out there. Fortunately, we’ve done the legwork to bring you the cream of the crop.
Check out our top 20 list of online casinos that accept Interac in 2021.
Interac Online vs. Interac e-Transfer
Starting way back in 1984, Interac was creating financial services that still serve their customers today.
After operating as an association and then as a consortium of credible financial institutions, finally, in 2018, it became an independent for-profit business.
E-Transfer and Interac Online are now a trendy and convenient way of moving money from your bank account to your online casino. Let’s take a closer look at the differences between the two.
Offered to Canadian bank account holders, e-Transfer is an electronic fund transfer service. Many users send money to friends and family with nothing but an email address and telephone number required.
You can also find this option in the banking or cashier section of your online gambling account. Online casinos that accept e-Transfer are unable to view your private information, so your sensitive data is safe at all times.
There will be an email as part of the transaction with a security question that you have to answer. You’ll also need a Canadian phone number. Upon completion, the funds are then transferred in real-time to your casino account.
While already popular among online shoppers, Interac Online has garnered a positive reputation among Canadian gamblers who use participating banks.
This payment method creates a direct gateway to your bank account. Once you’ve logged in, you can make immediate transfers without entering an email address. Your private information is also kept confidential at all times.
Pros of Interac
Online casinos offering this payment method give a level of convenience that increases player loyalty.
You can trust the service as it has the power of over 250 financial institutions behind it. If you want to find an real money casino with Interac, Canada is the place to be.
Still undecided? Check out some of the advantages of using this cutting-edge payment method below.
If your financial institution accepts the service, you’ll find the interface easy to use. After your accounts are connected, transferring funds is a seamless process.
Canadians using the Royal Bank of Canada, the First Nation’s Bank, and other credit unions and banks have privileged access to the services portal.
The payment method company has over 30 years of experience and uses cutting-edge technology to protect your financial transactions and confidential information.
It keeps you secure with authentication, encryption, secure login, and other safeguards.
With this payment service, you can connect your bank account directly to your gambling account via a protected portal.
Plus, you’ll save money by circumventing conventional fee-based systems that can also take a lot of time.
You never know what can happen with all those bad guys trying to steal your personal information. Identity theft and cybersecurity threats are a primary cause for concern in today’s digital age.
However, you don’t have to worry if you’re using an Interac casino. Canada should be proud of the company because it has a Zero Liability Policy. If fraud is detected on your account, you’ll be reimbursed.
Speed of Service
You can expect real-time deposits and quick withdrawals with this payment method thanks to its seamless processes from start to finish. Forget about waiting 3-5 business days.
Cons of Interac
There are very few cons of the service, but here are two minor cons.
Limited to Canadian Clients
Of course, people outside of Canada are missing out because they can’t access this popular payment method. The company only operates with Canadian financial institutions.
However, not all banks have partnered with Interac, so it’s best to make sure yours does beforehand.
Deposit and Withdrawal limits
The service will usually have a $10,000 limit on daily deposits, but casinos also have their own thresholds. Additionally, your financial institution may have daily, weekly, and monthly deposit and withdrawal limits.
Some might find these restrictions inconvenient, but they’re set by other financial entities and the casinos themselves.
Using Interac Online in Casinos
Intrac casinos make the process of depositing and withdrawing funds easy. There are only a few steps involved in depositing.
- Step 1: Depositing
After choosing the Interac Online payment method from your casino’s banking area, the portal takes you to a page where you’ll initiate your transaction. You’ll need to enter an amount and the recipient’s name.
- Step 2: Select your Financial Institution
You’ll then see a drop-down menu from which you must choose your financial institution. Simply select yours from the list.
- Step 3: Log in to Your Financial Institution
Next, you’ll be redirected to a secure gateway to conclude your transaction. Using your bank credentials, you’ll need to log into your account and confirm details of the transfer. You can now start playing your favourite casino games.
Interac Online does not facilitate withdrawals at this time, but you can still use the e-Transfer method. You’ll find more details below.
Using e-Transfer in Casinos
If you decide to play at online casinos that accept e-Transfer, you can deposit funds into your gambling account quickly. As such, you’ll have more time to play the games you enjoy without interruption.
Using e-Transfer is a little different than other methods of payment. Here you’ll find another easy step-by-step guide.
- Step 1: Choose e-Transfer
First, go to the banking area of your casino and choose e-Transfer. The screen will then prompt you to fill out your essential information.
- Step 2: Recipient’s Name and Email
You’ll need to enter the recipient’s email and name. The transaction is assigned a tracking ID and you’ll also need to answer the security question.
- Step 3: Your Banking Page
You’ll then be directed to your online account, to copy and paste the funds transfer details and finish the transaction.
- Step 4: Press the Return to Merchant Button
When you’re ready to return to your casino, press the return to merchant button. Presto! Your banking session is over.
- Step 1: Choose e-Transfer
After going to the cashier section at your online casino that accepts e-Transfer, select this payment method.
- Step 2: Request Money
Enter the amount you wish to withdraw in the required field.
- Step 3: Answer a Security Question
You’ll be prompted to answer a security question from your casino. This will be sent to you via an email that contains privileged information about the sender and the requested amount.
- Step 4: Choose Your Financial Institution
Next, select your financial institution and log in. You’ll need to choose which account should receive the funds. Once you’ve confirmed the transaction, you’ll get your cash.
Transaction Fees and Withdrawal Times
Interac usually charges a flat fee of between $0.115 to $0.465 for deposits. This flat fee is however received by the online casinos.
Because the fee is so small, gambling sites won’t pass this bill on to you. With the average 96% RTP of their games they will make this back in time.
However, you may also incur costs from your financial institution or casino for withdrawing money. This can be a fixed fee or a percentage of the full sum.
We see this very rarely though and if this is case you will find this in our review of the casino!
Online Casino Interac Bonus
Now that you have the perfect payment method, what about welcome bonuses? Check out the following Interac casinos that come with some pretty sweet sign up offers.
1. Mason Slots
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2. Casino Rocket
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3. YoYo Casino
YoYo Casino is a safe and reliable Canadian online casino. Check it out now and enjoy a 100% up to $750 + 100 free spins bonus.
What is the best online casino that accepts Interac?
There are so many casinos that rank high in quality and design. It’s hard to be sure you’re picking the right one.
However, our top 20 list mentioned earlier only contains the best of the best.
Does every casino accept Interac?
This payment method is only available at Canadian online casinos. That said, not all gambling sites offer it as a deposit or withdrawal method.
Should I use e-Transfer or Interac Online in online casinos?
That’s up to you. Interac Online uses a payment gateway and connects to your bank account whereas e-Transfer utilizes an email address and phone number for transactions.
However, gamblers tend to use the latter more because it usually allows them to withdraw their funds.
Are casinos that accept this payment method safe and trustworthy?
It’s hard to tell if some casinos are trustworthy or not, but this payment service keeps your personal information from being seen by the receiver.
Together with its Zero Liability Policy, Interac also uses encryption, authentication, and secure login safeguards.
Because it’s connected to over 250 financial institutions, this payment service is unlikely to do business with shady gambling sites. However, our top 20 list above only features reputable and safe online casinos.
Is there a transaction fee for deposits?
Yes, Interac usually charges a flat fee of $1 to $1.50 for deposits. However, some casinos absorb this cost. Keep any bank charges in mind too.
Where can I get the best casino bonus?
You can find the best casino bonus offers currently available in our top 20 list above.
Are Interac Online Casinos in Canada legit?
These casinos are safe to use because there are layers of protection offered by the service and your financial institution.
Participating casinos in Canada are exceptionally trustworthy because over 250 financial institutions back Interac. Using the portal adds a level of anti-fraud and keeps your information protected.
How can I withdraw from a participating casino?
If you’re using an online casino that accepts e-Transfer, you can withdraw your winnings whenever you want.
Go to the cashier area of the casino and choose e-Transfer. Follow the instructions to enter your information.
Are my details safe?
You can rest assured your private information is protected. There’s a line of defence between you and the receiver or sender of funds. Interac’s system is especially designed with your security in mind.
There are reputable banks and credit unions that also have safety measures in place, so you can rest assured you’ll have peace of mind that your transactions are secure.