Best Interac Online Casinos 2024
Interac is a reliable financial brand launched in 1984 and fully aimed at Canadians. That’s why Interac casinos operating in different Canadian provinces allow gamblers to deposit and withdraw with this method. The company has several financial products, but the most frequent options you can meet at online casinos are Interac e-Transfer and Interac Online. The main concept of the service is connecting bank accounts with online merchants, such as online casinos in Canada with Interac. Initially, it was connected to lots of huge local banks, including RBC, BMO, and Scotiabank. However, certain regulation amendments in 2023 reduced the list of banks and merchants working with Interac Online, so you should double-check its availability at your particular online casino. With the help of this review, you’ll easily reveal the best Interac casinos, learn about possible fees, and access detailed guides describing deposit and withdrawal steps.
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Interac facts
| ✅ Name | Interac |
| 📊 Category | Cards, Mobile |
| 🌍 Geo | Canada |
| 💱Currency | CAD |
| 🌐Site | https://www.interac.ca/ |
| 📅 Established | 2003 |
| 👨💻 Support | [email protected], Live chat |
| ➡️ Deposit | yes |
| ⏱️ Time to deposit | 1 hour |
| ⬅️ Withdrawal | yes |
| ⏳ Time to withdrawal | 8 hours |
General information about Interac
Interac is an extremely popular and reliable Canadian payment option which has been around since 1984. The main idea behind the service is linking financial institutions with recipients, including online casinos which take Interac. Conveniently, you don’t provide a casino with your bank card details, so this method is safer if compared to debit and credit cards, where you share your card number, the expiration date, and even CVV.
Interac Corporation is headquartered at Royal Bank Plaza, Toronto. Interestingly, the company acquired the Ottawa-based 2Keys corporation in 2019. This company is working on digital identity and cybersecurity solutions, so this step shows that the service applies the latest technologies for safe payments, and it’s a big advantage for online gambling users who take care of their safety.
Interac financial products in gambling
Being in the financial market for years, Interac created a range of different solutions for different needs. They are Interac Direct Payment (IDP), a PIN-based national debit card service, chip cards, Shared Cash Dispensing (SCD), Interac e-Transfer, and Interac Online. Actually, the last two options are the most common on Interac gambling sites, though there are some exceptions to consider since some Canadian banks have dropped Interac online recently.
Interac e-Transfer
First of all, customers can use the option for personal needs, such as sending money to others with an email address (or phone number) and a Canadian bank account. In addition, it serves as an option to wire transfers from and to an online casino, but you don’t share your details with the casino since Interac serves as an intermediary. Transfers are very fast and take up to 30 minutes on average (though you should consider that withdrawals may take longer, considering the casino’s processing time). Pretty often, your online casino with Interac will feature two logos, one for e-Transfer, and another for the online service.
Interac Online
The option was launched as an extremely convenient way to pay for different services on the Internet, including real-money casino games. Customers of large banks like BMO and Scotiabank could use the method. However, you may meet certain restrictions in some provinces. For example, The Ontario Lottery and Gaming Corporation hasn’t been supporting Interac Online since 6 January 2023. Plus, the service was dropped by large banks like RBC. Still, it’s supported by TD Canada Trust, some credit unions in Ontario, Nova Scotia, and some other provinces, and popular real money Interac casinos you can find on this page.
Interac market coverage
Though the service offers international transfers for its customers, Interac’s main audience includes Canadians. The service is popular among Canadian gamblers, so you can frequently notice its logo in the footer of such casinos. Plus, its transactions are processed in CAD, while the official site is available in English and French, which is also aimed at Canadians. Moreover, the service is connected with large local CA banks and credit unions, including the following:
- RBC (Royal Bank of Canada)
- Shinhan Bank Canada
- Luminus Financial
- Scotiabank
- Assiniboine Credit Union
- BMO (Bank of Montreal)
- TD Canada Trust
- Momentum Credit Union
- Unity Credit Union
- ICICI Bank Canada
In other words, gamblers who use Interac are Canadians who have a local bank account and need a third-party service to be a middleman between a financial institution and an online casino. In fact, the money is still transferred from your bank account, so you need to be a customer of one of these institutions, but it’s a much safer and faster way.
How to deposit to online casinos with Interac
Registered users can easily make an Interac deposit online casino transaction, provided they have a bank account in one of the Canadian banking institutions, so this guide will be useful to Canadians only. That’s how you can top-up your online casino account with Interac:
- Compare online casinos taking Interac and sign up for the best one
- Visit the cashier section and pick Interac out of the available options
- Select your financial institution from the list (eg., National Bank of Canada) and add your email address or phone number if required
- Then, the casino will redirect you to Interac’s site, where you need to provide banking credentials (eg., Interac debit card number) to confirm the transaction
- Once it’s done, you get a receipt displaying current transaction details (transaction ID, amount, bank name, bank confirmation, date and time, and transaction status)
You may notice that the payment service will recommend you wait up to 15 minutes for the transaction to be processed. However, from practical knowledge, we can say that players get money on their online casino account within one to five minutes, so you can place real money bets on slot machines or table games very soon.
Deposit limits are, first of all, determined by your online casino accepting Interac. Frequently, it’s something like C$20 to C$3000 per transaction. Besides, Interac e-Transfer sets its own transaction limits. They are a minimum of C$0.01 and a maximum of C$3000. Limits per week and per month sit at C$10,000 and C$30,000, respectively.
As for Interac online casino bonuses, gambling sites hardly ever exclude the method from promotions, so you can enter a bonus code, if any, to add some free spins or a match bonus to your initial deposit. Nevertheless, don’t get a bonus if you aren’t sure that its playthrough requirements are realistic.
How to withdraw from online casinos with Interac
Canadians can also request withdrawals at Interac e-transfer casinos, so it’s convenient that you deposit and cash out via the same method. Before you leave a request, take into account your online casino’s limits, deposit turnover requirements, account verification, and wagering if you have an active bonus. When your balance meets these terms, follow this Interac casino withdrawal guide:
- Open your account’s cashier section and choose withdrawal
- Pick Interac out of available banking methods and enter an amount to withdraw
- Add your payment details, including an account number and a security ID (in some cases, you may need to add your email address or phone number)
- Depending on your casino’s interface, you’ll need to finally push ‘Withdraw’, ‘Request Cashout’, or an alternative button
On average, online casino players using Interac can withdraw C$30 to C$4000 per transaction, but there are different factors which can influence this limit, so double-check the details at your Interac casino in Canada.
Interac transaction times and fees
Interac is suitable for gambling needs thanks to its fast processing time compared to credit cards and wire transfers. Your deposit will take up to five minutes, and withdrawals are usually processed during the day or faster. Players shouldn’t forget about the processing time of the casino that accepts Interac, so the total payout time may be a bit longer, yet is still very suitable for gamblers who want to cash out safely and quickly. The service itself charges no fees, and large online casinos don’t have them either. When your further transaction is charge-free, you can usually see the ‘0 fee’ sign on the payments page, and if any charges take place, you will be informed about them before you confirm the transaction, so don’t worry about sudden extra charges.
Interac casinos pros and cons
Pros: |
|---|
| Interac is an extremely popular Canadian payment option suitable for casino deposits and withdrawals |
| Online casino transactions are instant and, in most cases, charge-free |
| Players can get an Interac casino bonus since operators usually don’t exclude the method from promotions |
| Customers of respectful Canadian banks like RBC, BMO, and Scotiabank can use the method |
Cons: |
|---|
| The service is designed only for Canadians who have a local bank account and want to deposit in CAD |
| Players may face processing fees in some online casinos |
Interac casino safety: Tools & tips
Interac is reliable thanks to being in business for years and providing working safety tools. Depending on the company’s product you choose, its security methods may vary, but in general, they all show that players can’t go wrong when choosing Interac for real money casino deposits and withdrawals. These are its most essential security options:
- Interac e-Transfer allows users to keep personal details private yet send and receive money instantly.
- If you hold an Interac debit card, it’s protected against counterfeiting, transaction replay, and card-not-present transactions.
- International Transfers have tools similar to e-Transfer thanks to working with Western Union, so players are allowed to send money internationally from a Canadian bank account and have a wider choice of online casinos.
Players should also consider certain safety tips. As for choosing a casino Interac online, it should be a licensed site with RNG-tested games and transparent terms where you don’t find limits on winnings or other suspicious aspects. Plus, be attentive to emails, especially when you don’t expect a transfer yet get an email of this kind. When you get an email notification which requires you to disclose personal details, check the sender’s address ([email protected] is the official email address) and contact Interact’s customer support for more details. Additionally, Interact’s official site has tests and quizzes to help users reveal and avoid financial fraud.
Interestingly, on June 228, 2023, the company was recognised as Canada’s most trusted financial services brand on the annual Gustavson Brand Trust Index for the ninth consecutive year in Toronto. Mark O’Connell, Interac Corp President and CEO, commented on this: ‘We don’t take lightly the trust Canadians place in our products and services, and we understand the important role we play in Canadians.’ That’s why gamblers can be sure that the service is extremely reliable when it comes to both personal data and real money safety.
Interac payment method: Statistics & facts
More and more Canadians use Interac for different needs, including gambling transfers. Statistically, the service is friendly to mobile customers and allows players to transfer funds to online casinos from loads of local Canadian banks:
- In 2023, Interac recorded over one billion Interac Debit transactions within 12 months processed on mobile. It is a clear indication that the method is mobile-focused and aimed at iOS and Android users
- Over 30% of Canadians use Interac, compared to 40% who use Visa
- Almost all Canadian banks and credit unions offer Interac e-Transfer, including Blackville Credit Union, SBI Canada Bank, and loads of others
- Customers can use the Interac sign-in service to sign up for many online platforms automatically rather than entering an email address and setting up a password
- Interac is available in all popular Canadian online casinos, being a good tool to top-up an account or release funds from a gambling site
Convenience of Interac online casinos
Interac casinos online are very frequent in the context of the Canadian iGaming market. The method serves as a reliable way to connect your bank account with a casino balance, but the main aspect which makes Interac aimed at a certain region only is the condition that this bank should be Canadian. If you are from Canada and want to make an online casino deposit in CAD or withdraw money, Interac is a great option. Gamblers don’t face pitfalls like extra fees or too strict limits, and the service is extremely popular in daily life as well.
Considering quite a wide betting range, Interac can suit gamblers with different bankrolls and needs. Moreover, due to Interac’s compatibility with bonuses, gamblers can use it to meet other goals as well:
- The minimum (C$10 to C$30 on average) deposit can be suitable to place bets on popular slots like Sweet Bonanza by Pragmatic Play (C$0.2 minimum bet) and crash games where players can quickly cash out to minimise risks
- Larger Interac deposits coming up to C$3000 will be helpful to let more experienced punters access the highest bets on slots and use their extra features like Bonus Buy, as well as play VIP table games with dealers where a single bet can exceed C$2000 per round
- In the case of getting a frequent 100% match bonus, Canadians can turn an Interac deposit of, for example, C$50 into C$100 (in some cases, both deposit and bonus amount should be wagered)
- Other opportunities you get after depositing with Interac are taking part in thrilling tourneys with live games or slots, upgrading your VIP level, collecting CPs, and simply playing all the games you like for real money
Alternatives for other countries
Well, when you are a Canadian, you are lucky to take advantage of all the strong sides of Interac. Nevertheless, gamblers from other countries can’t use the method, so a list with alternative payment methods may be helpful:
- If you still want to deal with your bank account, the first obvious idea is a direct bank transfer. However, it has a range of weak points, including a long processing time and pretty high minimum limits. Plus, players often face fees.
- E-wallets are more suitable when you don’t want to connect your casino payments with a bank account. They are much faster and usually offer great limits. Just keep in mind that Skrill and Neteller usually don’t work with bonuses.
- When you just need a quick deposit, prepaid vouchers like paysafecard are also a good idea. You just purchase a prepaid card of a certain value and enter its PIN to transfer the money to the casino’s online balance.
- Finally, players who want to access higher limits and make it impossible for financial institutions to track their transfers can opt for cryptocurrency like Bitcoin. Unlike Interac, it’s available worldwide and doesn’t require you to deal with a bank.
Interac customer support
First, it’s worth mentioning the helpful official site where you can learn everything about Interac and its different products from FAQs. It’s available in English and French to suit all Canadian visitors. The news and posts on social media pages are mainly about the payment option in daily life rather than in gambling, but you can get some helpful information there or contact Interac’s customer support in case of any questions:
- Phone: +1 416-362-8550
- Email address: [email protected]
- Social media pages (Facebook, YouTube, LinkedIn, Instagram)
Additionally, it’s worth noting that gamblers depositing with Interac or any other payment option should keep in mind all the risks of gambling addiction and play responsibly. If you need help to prevent or overcome compulsive gambling, you can contact local Canadian (GamCare +18887956111, Responsible Gambling Council +14164999800) or global (GamblersAnonymous 0330 094 0322, GamblingTherapy [email protected]) helplines and support email addresses.
Conclusion
Interac’s widespread adoption across the Canadian gambling market makes the service extremely popular among gamblers. The area which it covers is quite limited since it’s not a global banking option, but it’s available across the entire country, so players from different Canadian provinces can join Interac online casinos, deposit and withdraw real money, and rest assured that each transaction is secure. Players who prefer not only safety but also a high processing speed will appreciate a fine-tuned Interac instant withdrawal process. Moreover, this payment option is hardly ever excluded from bonus programs, so Interac deposits may bring different promotions. Still, gamblers may find some aspects inconvenient, especially those located not in Canada.
After a thorough research, our team selected the best online gambling sites with Interac. Here, players can count on a quick processing time, mobile optimisation, and an abundance of diversified software. We employ really strict standards for this rating, so you can be sure that these top Interac casinos will meet your demands.
