2024's Top 10 online casinos for Interac
Interac is widely recognized as the top payment method for Canadian online casinos. This is because its benefits include fast deposits and withdrawals, extra security, and better control over your spending. Here, we'll explain how Interac casinos work, and recommend some of the top Interac online casinos for you to try out.
Our top recommended Interac casinos in Canada
Canadian Interac casinos to avoid
Interac is a fantastic way to deposit and withdraw online casino cash at the best online casinos in the world. Sadly, some online casinos make Interac payments unsuitable and cannot be trusted. If a casino is untrustworthy or unsafe, we recommend you stay away.
Best Interac casinos Canada by category
? Best Interac casino overall | Jackpot City Casino |
?? Best casino for bonuses | FatPanda |
?? Best for instant withdrawals | FatPanda |
?? Best for high payout percentages | FatPanda |
?? Best casino games | Slots, table games, crash gambling games, live dealer tables |
?? Minimum casino deposit | $10 |
?? Average payout speed | Instant - 3 working days |
What is Interac?
Established in 1984, Interac is a well-known name in Canada and popular on the best online casinos in the market. It enables you to move money between your online bank accounts and online casinos without having to reveal personal financial information.
Like debit cards, Interac only permits transfers up to the available balance in your account. That's why you might hear it referred to as Interac Debit. Many individuals interested in using Interac casinos might already have an account accessible through their existing online banking details.
How we rate banking methods
Safety and security
As part of our 25-step review process, the first step to deciding whether or not we can recommend a payment method in good conscience is to find out if it complies with the latest security guidelines and offers safety measures to protect users.
Deposit and withdrawal
When making deposits and withdrawals we want to know that money will be transferred as quickly as possible, without any unnecessary delays. Of course, we also need to make sure that speed doesn’t come at the expense of safety. We look at the average processing time for this payment option at different casino sites too.
Customer Service
Having a customer support team available is crucial for assisting users who encounter difficulties with the banking method. We reach out to these teams to assess how promptly and effectively they respond to our inquiries.
How to make a deposit using Interac
Depositing money at a casino that accepts Interac is slightly different compared to using other e-wallets. It involves using your online banking account along with the cashier section of the online casino. Generally, the steps you'll need to take are as follows:
1. Select that you want to make a deposit using Interac in a casino’s Cashier section.
2. Make a note of their payment information before firing up your online banking.
3. Enter the appropriate details for the casino and select the account you want to transfer from.
4. Choose how much cash you want to play with and initiate the transfer.
5. Wait for your money, and any bonus funds you’ve triggered, to arrive in your casino account.
How to withdraw from a casino using Interac
Sometimes, you can't withdraw funds using an Interac e-transfer, but you might be able to withdraw to an Interac card instead. The steps are simple to understand, and if Interac isn't an option, you can always go for another method like a wire transfer.
1. Sign into your account and go to the cashier
Log into your online casino account and head over to the cashier section to collect your winnings.
2. Choose Interac to withdraw your winnings
Provide all relevant payment information and documentation requested by the casino.
3. Confirm personal details & enter amount
Select how much cash you want to withdraw, making sure you’ve cleared wagering requirements before trying to take out any bonus cash.
4. Enjoy your winnings
Initiate the transfer and wait for your winnings to arrive in your bank account. You can now spend your withdrawal via your bank account as you would normally.
Should you start playing at Interac casinos?
Yes, we recommend Interac casinos because they work with over 250 banks, credit unions, and financial institutions, ensuring bank-grade security and continuously updated safety protocols.
Another reason why we suggest Interac casinos is that they eliminate the risk of sharing your credit card or banking information with potentially shady sites, which could end up on our list of sites to avoid. With its Zero Liability offer, you're protected from losses beyond your control. Stick with our approved Interac online casinos, and you won't need to worry about this.
Here we list what we see as the main advantages and disadvantages of using Interac.
Pros
- Quick and efficient transfers for users
- Protects your online banking details from any potentially unsafe casino sites
- Widely accepted by online casinos, especially those in Canada
- No need to sign up for additional services if your bank/financial institution already uses it
Cons
- May incur fees when transferring cash, although online casinos usually absorb these
- Withdrawals not always possible
Similar banking options
Why use Interac at online casinos?
In 2018, Interac processed over 6.6 billion transactions. This means it's a highly trusted banking method for online casino players and others alike. It's known for its speed and has a reliable team to assist users with any problems.
Using Interac is just like making a payment through your online banking, something most online gamblers are already familiar with. The main drawback is that Interac is only available in Canada, so not all online casinos offer it.
Luckily, you can find a list of the top Interac casinos we've tested right here on this page. Additionally, our guide to the best payout online casinos can help you find sites with high RTP where Interac is accepted.
FAQ
Why should I use Interac?
Interac offers a secure, straightforward, and cost-effective method for transferring money from your bank account to your preferred online casino. While there might be a small fee for withdrawing cash, the added layers of security make it worthwhile for users' peace of mind.
Can anybody make payments with it?
Yes. Anyone who has a legitimate bank account with an institution based in Canada can use Interac by connecting their online banking with an account. From there, transferring funds is as easy as making any other payment using online banking.
Is Interac accepted at online casinos?
Most Canadian online casinos accept Interac as a payment option. We have listed our top Interac online casinos where you can try your luck!
How does Interac compare to other banking methods?
Interac is on par with other e-wallets out there, and there’s even a case to be made that it’s better than others because of how it connects directly to your bank account. Regardless, it’s certainly much faster than paying in or cashing out via cheque, wire transfer etc.
Will my details be safe at Interac casinos?
Absolutely. Interac has a relationship with more than 250 Canadian financial institutions, making this the perfect method of deposit for people who place safety above all else. This option enables you to use cash in your bank account without the need to expose your details to casino sites.
Are fees charged for using Interac at online casinos?
Most fees, particularly at the Interac casinos that we recommend, are absorbed by gambling sites to make playing there more attractive. You may, however, find that withdrawing cash using Interac incurs a flat fee for receiving a transfer of funds.
How will my winnings be paid at Interac casinos?
Although Interac is capable of processing payments in real-time, most real money casinos take a while to process payments. As a result, you may not see your winnings appear in your bank account for a few working days after initiating the transfer. This is completely normal, but it does mean that you should keep an eye on your balance until it arrives.
Other banking options
Written by Jemma McColgan
As a gambling fan, Jemma brings a forensic approach to her reviews, digging into the data behind the numbers. Her primary focus is on the Canadian market, where she's committed to ensuring everyone has a secure and enjoyable gambling experience. With her expertise, Jemma is all about enhancing the entertainment and safety of the online casino world.