10 Top-Rated Online Casinos Accepting Interac

Interac is a banking service which is offered through the majority of Canadian banks. It was first introduced in 1984, to provide a source for customers to be able to use money from their bank accounts at other locations, without having to use physical forms of payment.

Nowadays, Interac is one of the most popular banking methods for Canadian online casino players. Read on to learn more about online casinos that accept Interac, how to deposit, withdraw and opening an account with Interac, as well as using it at the best casinos online in Canada.

10 Top-Rated Online Casinos Accepting Interac
Emily Tremblay
Written byEmily TremblayWriter
Researched byPriya PatelResearcher

How to Make a Deposit with Interac

Making deposits to a Canadian online casino with Interac is quite simple. A player only needs to follow a few instructions that take only a few minutes at most. A user must start by logging into their casino account.

The casino must have Interac on its list of payment options. The player can then navigate to the payments page and select the Interac deposit option.

Clicking on the Interac deposit option will redirect the player to a different page, where he has to fill in a few details. Such include the deposit amount and banking details.

The casino page will then redirect the user to their banking page, where they has also to log in. In some cases, the user may need to answer a security question before proceeding. The security question acts as an additional security layer.

If all the details entered are correct, the transaction will be approved and processed immediately. That means the online casino balance will increase by the deposited amount almost immediately, and the player can continue gaming.

The deposit amount will also be indicated in the player's bank statement in an instant. If the user enters incorrect information, the transaction error is flagged to allow the user to make corrections and complete the transaction successfully.

How to make a withdrawal with Interac

The withdrawal process starts with the user logging into their online casino account. The player can then navigate to the banking page and check the available casino balance.

That allows them to determine the maximum withdrawable amount. The next step is searching for the Interac withdrawal option within the banking page and clicking on its icon. The casino will generate a new page on which the player should enter the withdrawal details.

For first-time withdrawals, the user has to input their Interac details, through which the funds will be transferred. For subsequent withdrawals, the user only needs to select the pre-saved details. The user then has to input the withdrawal amount and initiate the request.

Does Interac Offer Fast Withdrawals at Casinos?

Players can also make withdrawals from their online casino accounts through Interac. The funds are transferred directly to the user's bank account after the successful processing of the withdrawals.

Interac is relatively faster than most payment methods. That is because the funds are sent directly to the user's bank account, where they can be accessed and utilized in any way without any additional processing time.

The process of making withdrawals is also straightforward, as highlighted below. Given that the funds end up in the user's bank account, using Interac can save users up to days of wait time needed for direct bank transfers.

Withdrawal Limits

The withdrawal limits vary in different online casinos. Most have a maximum limit per withdrawal up to 3,000 Canadian dollars per withdrawal.

However, users can initiate more than one withdrawal request in most online casinos, which can help them beat the maximum withdrawal limits in some way. The minimum withdrawal amount is typically 10 Canadian dollars in most casinos, but Interac casinos has no set minimum limits.

Fees

Making withdrawals via Interact usually costs some money. The amount charged depends on whether the user's bank to which the casino will channel the funds is a participating institution.

The fees are usually less than 1.5 Canadian dollars for participating institutions, depending on the amount withdrawn. For non-participating banks, the costs may be up to 3.5 Canadian dollars.

Something to note is that all Interac transactions are irreversible after initiating the process.

Withdrawal Processing Times

The withdrawal processing times also vary among different online casinos. That is because it depends on the approval criteria of the casino. Once the casino releases the withdrawn funds to Interac, the funds are usually channeled to the user's bank immediately.

The processing time can also be dependent on the user's account level. For example, VIP account holders generally enjoy faster withdrawal processing times.

Interac Account Opening Process

Opening an Interac account is quite easy, provided the user has all the relevant qualifications. For starters, the user must have a valid and operating bank account.

The account can be of any bank, but having one with a participating Canadian bank offers more benefits. Such benefits include reduced transaction charges.

  1. To open the account, the user has to visit the official Interac website. Then they have to sign up for the Interac e-transfer service.

  2. The process includes adding information such as name, geographical address, email address, and mobile number. The player must input accurate details as they appear in their banking details.

  3. The next step involves linking the Interact account to a bank account. For that, the player needs to input their bank account information and authorize the link. The linked bank account is used to make deposits and receive withdrawals.

  4. Interac will send account information to the user if all the information checks out, including username and password. The information is what the player will use to facilitate withdrawals and deposits.

How to Use Interac at Online Casinos

The first thing a player has to do is to choose a real money online casino in Canada. Next, they will look at the deposit methods which the casino is offering. They will usually see the Interac icon that shows this payment is acceptable. The player chooses this method, then follows the instructions the casino site gives.

There will be some details to fill out providing information from the player's Interac card which they will enter on a form.

Then, it takes a few minutes for the casino to process and verify the payment. If this is done successfully, then the amount deposited at the casino gets credited to the player's account. The player has now successfully made a deposit at an Interac casino in Canada.

Responsible Gambling

All players should practice responsible gambling at all times. Responsible gambling includes managing the bankroll efficiently, managing gambling time, and keeping emotions in check. Underage individuals should also not participate in any gambling activity. There are numerous reasons to gamble responsibly, including the ones highlighted below.

To Avoid Mental Issues

Gambling can have detrimental effects when not kept in check. That is especially when a player gets on a losing cycle. Responsible gambling can thus help prevent mental issues such as stress and depression.

To Avoid Addiction

Irresponsible gambling can also lead to addiction. Gambling addiction can have numerous negative effects, including financial losses.

If you or someone you know need help because of gambling problems, please visit these websites below:

About the author
Emily Tremblay
Emily Tremblay
About

Emily, a dynamic blend of tech-savvy and casino enthusiast, hails from the snowy landscapes of Canada. With her innate grasp of cultural nuances, she ensures online casino guides resonate deeply with Canadians. Emily's spirited and engaging nature makes her a favourite among peers.

Send mail
More posts by Emily Tremblay

Latest news

Top 3 Online Casino Welcome Bonuses for Interac Deposits
2023-06-07

Top 3 Online Casino Welcome Bonuses for Interac Deposits

When choosing an online casino to join in Canada, the type of welcome bonus on offer is a crucial deciding factor. Besides the bonus conditions, players must also consider the qualifying deposit methods, with most Canadian players preferring Interac casinos. So, in this short list, you will discover regulated online casinos in Canada that offer welcome bonuses after making an Interac deposit. Keep reading!

FAQ

Everything you need to know about casinos

How do I deposit funds using Interac at an online casino?

To deposit funds using Interac at an online casino, you first need to log in to your casino account and navigate to the deposit section. Select Interac as your payment method and enter the amount you wish to deposit. You will then be redirected to your online banking platform to complete the transaction securely.

Are there any fees associated with depositing funds using Interac at online casinos?

Most online casinos do not charge any fees for depositing funds using Interac. However, it's always a good idea to check with the specific casino you are using to confirm if there are any fees associated with Interac deposits.

How long does it take for funds to be deposited into my online casino account using Interac?

Deposits made using Interac at online casinos are usually processed instantly. Once the transaction is confirmed through your online banking platform, the funds should reflect in your casino account immediately, allowing you to start playing your favorite games right away.

Can I withdraw my winnings from an online casino using Interac?

Yes, many online casinos allow players to withdraw their winnings using Interac. To do so, you need to navigate to the withdrawal section of the casino, select Interac as your preferred withdrawal method, and enter the amount you wish to cash out. The funds will be transferred to your bank account linked to your Interac account.

Are there any limits on the amount I can deposit or withdraw using Interac at online casinos?

The deposit and withdrawal limits for Interac transactions at online casinos may vary depending on the specific casino's policies. It's advisable to check the terms and conditions of the casino you are using to understand any limits that may apply to your transactions.

Is it safe to use Interac for depositing and withdrawing funds at online casinos?

Interac is known for its high level of security and encryption protocols, making it a safe and secure payment method for online transactions, including deposits and withdrawals at online casinos. However, it's essential to ensure that you are using a reputable and licensed online casino to further safeguard your financial information.

Please confirm your location

This website only displays operators licensed in Ontario, Canada. Please confirm whether you are located in Ontario.

YesNo