Best Interac Online Casinos in Canada 2022

Best Interac Online Casinos in Canada 2022
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Best Interac Online Casinos in Canada 2022
5/5 on 1 reviews
Updated: 31.10.2022
By Richard Binns

Every online casino in Canada tries to gain a favourable market share by offering services that resonate with existing and potential customers. One such way this has been possible is by the quality and scope of payment methods on offer. Interac is a hugely sought-after financial services provider that has become part of the online gambling ecosystem in Canada. Interac is a well secure payment option that allows gamblers to transfer money from their Canadian bank account to the best Interac online casinos in Canada. The security and safety accompanying Interac is to the degree that any casino that doesn’t offer Interac is generally considered somewhat subpar. It goes without saying that there are so many Canadian online casinos that accept Interac. 

Interac debit cards can be used to withdraw money from the vast majority of automated banking machines (ABMs) in that country. In addition, Interac functions as an interbank payments provider that connects millions of physical and online businesses to customers. Online casino operators are inclusive of these businesses, with casinos offering Interac Online and Interac e-Transfer. As a result, deposits to and withdrawals from online casinos are reliably performed by players via this method. Importantly, depositing at the best Interac casinos will entitle you to all bonuses and promotions as other payment methods like Mastercard, Visa, etc.

Best Interac Online Casinos NOVEMBER 2022

CasinoWelcome OfferRatingBonusVisit
1TonybetTonybet ReviewGet up to C$350 on your initial deposits!
C$350Players from US welcomePlay now!
2Hell SpinHell Spin ReviewUp to C$400 on your first two deposits
C$400Players from US welcomePlay now!
3Rolling SlotsRolling Slots ReviewUp to C$500 welcome bonus
C$500Players from US welcomePlay now!
4YojuYoju ReviewGet up to C$2000 on the first three deposits!
C$2000Players from US welcomePlay now!
5Lucky 8Lucky 8 ReviewGet up to C$1000 on your first three deposits!
C$1000Players from US welcomePlay now!
6Wild FortuneWild Fortune ReviewClaim C$300 on your first three deposits!
C$300Players from US welcomePlay now!
7Spin SamuraiSpin Samurai ReviewGet over C$2000 + 100 FS
C$2000Players from US welcomePlay now!
8ComeOnComeOn ReviewUp to C$1500 on your first three live casino deposits!
C$1500Players from US welcomePlay now!
9Golden StarGolden Star ReviewRedeem up to C$500 on the first three deposits!
C$500Players from US welcomePlay now!
10Casino RocketCasino Rocket ReviewBonus C$1500 + 150 FS
C$1500Players from US welcomePlay now!
11Jackpot CityJackpot City Review100% up to C$1600
C$1600Players from US welcomePlay now!
12Night RushNight Rush ReviewUp to C$500 + 300 FS
C$500Players from US welcomePlay now!
13Spin CasinoSpin Casino ReviewC$1000 welcome bonus
C$1000Players from US welcomePlay now!
14888888 Reviewup to C$1500 + 88FS
C$1500Players from US welcomePlay now!

General information about Interac

The Interac Association was established in 1984 by a partnership of five leading financial institutions in Canada, including Scotiabank, RBC, Desjardins, TD Bank Group, and CIBC. Having founded Interac as a non-profit organisation, the group later created Acxsys as the profit arm of Interac in 1996. Together with Acxsys, Interac blazed a trail in the electronic payments system in Canada, offering a range of world class services to consumers and businesses. In 2018, Interac and Acxsys were merged as Interac Corporation, but before the merger Interac had garnered a massive following in the country.

Interac Online and Interac eTransfer

Interac Online and Interac e-Transfer are the two payment options you’ll find at nearly every Canadian casino. Meanwhile, some casinos either offer Interac Online or Interac e-Transfer.

Interac Online was launched in 2007 to make Interac transactions more seamless and convenient. With Interac Online, you can send money to a gambling site straight from your bank account. Once you select this option at an Interac online casino in Canada, a payment portal will open up linking you to your bank account. You’ll approve the transaction on the portal by entering information required by your bank. Not many banks allow Interac Online deposits in online casinos. Having said that, you’ll find out during the deposit process whether or not your servicing bank is available for casino deposits.

On the other hand, Interac e-Transfer allows you to transfer money to your casino account by entering the casino’s email address and reference ID, among others. While making a deposit at an Interac e-Transfer casino in Canada, you’ll enter a security question and answer on the payment gateway. Don’t worry about this question and answer, as the online casino will provide the basic information you need to make a successful deposit. As you can see, both Interac Online and Interac e-Transfer are quite easy to use.    

Making a deposit to CA online casinos with Interac Online

In addition to Interac’s inherent robust security, Interac deposit casinos provide high-level safety during deposits. To this end, your Interac Online deposits will take place instantly and securely. Here’s how to go about the whole deposit process at any of our recommended casinos:

  1. Create an account with a top Canadian online casino with Interac.
  2. Visit the cashier and select Interac Online as your preferred deposit method
  3. Choose an amount according to the casino’s minimum limits and proceed to the next step 
  4. Select your bank or credit union (by territory or province) from the options provided and click/tap “Deposit”. As of the time of this review, two major financial institutions – TD and First Nations Bank of Canada – accept online casino deposits via Interac Online. 
  5. You’ll be redirected to a payment portal where you should click on your bank name. 
  6. You’ll then be connected to your bank, where you must enter your username or card number and online banking password to log in.
  7. After logging in, confirm the amount you wish to deposit and receiver’s details, then click/tap “Continue”

The funds will show up in your account immediately after confirming the transaction. 

Using Interac e-Transfer for online casino deposit

Interac e-Transfer is offered by the majority of banks and credit unions in Canada. Interac deposit casinos even recommend the e-transfer option if your bank or credit union isn’t available for Interac Online deposits. This section presents a step-by-step guide on how to deposit to online casinos with this option:

  1. Head to the casino cashier and select Interac e-Transfer as your deposit method.
  2. Select your preferred amount subject to the casino’s minimum limits; ensure your name and email address are correct and continue to the next step.
  3. The next page will provide all information required to effect a successful deposit, including recipient’s name, recipient’s email address, amount, message (reference ID). You’ll also have your security question and answer. Ensure you copy them. 
  4. Proceed to sign in to the personal banking page on your bank’s mobile app or website and choose Interac e-Transfer.
  5. Enter all the information listed above in their corresponding fields and your online casino account will be funded instantly.

Withdrawing funds from Interac online casinos

When it comes to withdrawals, an average casino usually provides gamblers with multiple options. Yet most Canadian players often go for Interac withdrawals because of the transparency it offers. Let’s walk you through the withdrawal procedure below: 

  1. Visit the cashier at an Interac casino in Canada and select Interac as your withdrawal method.
  2. Enter the amount you wish to withdraw.
  3. Verify details like your email address, account number, etc. and click/tap “Withdraw”. 

But before you proceed to the listed steps, we advise verifying your account by submitting all the KYC/AML documents required by the online casino. This usually comprises proof of identity, proof of home address and sometimes proof of your banking option. If you verify it early, your withdrawal request will take the standard time for the casino approval and Interac remittance to your account only.

Interac fees 

Despite Interac’s popularity in Canada, you still have to understand the fees attached for using this payment method. Interac charges the online casino an acquirer fee for each deposit via Interac Online. The acquirer fees levied as of the time of this guide are as follows:

  • Deposit up to CA$15: CA$0.115
  • CA$15 to CA$35 deposit: CA$0.265
  • Deposit exceeding CA$35: CA$0.465  

For clarity, the above fees are only levied on the gambling site when you deposit with Interac Online, so you won’t be charged any fee. 

For casino deposits via Interac e-Transfer, your financial institution is charged a flat rate for every transaction that you initiate. As such, whether or not you will have to pay a fee depends on your servicing bank. Generally, this fee is not levied on casino deposits.

Regarding withdrawals via Interac Online or Interac e-Transfer, your financial institution will charge you a transaction/account fee. This fee is levied for each withdrawal you make, and it varies from one bank or credit union to another. So, we advise getting the actual amount from your financial institution before placing a withdrawal request in the online casino you are playing in. 

Another important point to note is that fees are higher if your financial institution isn’t a member of the Interac network. In that case, each of your transactions will be charged up to CAD 4.00.               

Interac withdrawal times

In terms of withdrawal times, every Interac casino has a withdrawal policy that affects the speed of withdrawals. Consequently, the duration of your Interac payout will depend on your online casino. Fastest Interac withdrawal casinos approve payout requests within 24 hours, after which you’ll then receive your funds in the next 24—48 hours. Some casinos take up to 48 hours to approve withdrawals, stretching this timeframe to four days in some instances. Generally, withdrawals with Interac e-Transfer are faster than those of Interac Online.

Bonuses in Canadian online casinos with Interac

All top casinos in Canada award promotions to real money players as a way of keeping the fun alive. And online Interac casinos are no different in this respect. Most of our top-rated Interac sites feature alluring bonuses that are going to expand your experience as a new or existing player. Let’s explore these bonuses in detail.

Welcome bonuses

Welcome bonuses are strictly reserved to new players who deposit real money after joining an online casino. Many online casinos with Interac award free spins alongside the match bonus. A match bonus can be 100%, 50%, 25% etc. of a particular initial deposit as the case may be. For example, you may be awarded 100% of your first deposit up to CAD 150 and 50 free spins. Or 50% of your second deposit up to CAD 100 and 25 free spins. Keep in mind that this bonus comes with a wagering requirement that must be met before withdrawal of winnings is possible. Oftentimes, the cash bonus and free spins have separate wagerings, so ensure to check them out before claiming.

Reload bonuses      

Reload bonuses are specific offers tailored to existing players at Interac casinos. Like welcome bonuses, a reload bonus is a deposit match that seeks to boost your regular deposit to the casino. An Interac casino bonus can be awarded as cash or free spins, or sometimes both. For example, you may receive 25 free spins for depositing on a particular weekday. And you may receive CAD 50 + 25 free spins on your first weekend deposit. At some casinos, a particular reload bonus can even be claimed multiple times in the same week or month. Wagering requirements also apply here but you also have to pay attention to the entire bonus terms.

Free spins

Some of the most common bonuses you’ll find in desktop and mobile casinos accepting Interac are free spins. This is because free spins are often attached to other offers like welcome bonuses, reloads, tournaments and even VIP programs. Free spins usually stand as the equivalent of cash bonuses, just that free spins must be used on slot games only. For example, an online casino may award 50 free spins with a total value of CAD 10. Thus, each free spin would be worth 20 pennies. The norm is for casinos to spell out the applicable slot games in the bonus terms. One feature of free spins is that their win limits are significantly lower than the ones in cash bonuses. That said, they are a good way to enjoy video slots offered in an online casino.              

No-deposit bonuses

No-deposit bonuses are awarded to new players for simply creating an account. Some Canadian online casinos with Interac also award no-deposit bonuses to their existing players. Players don’t need to put any real money in their account to receive this bonus. No-deposit offers are very rare to find, and when you do find them, they are usually little. But a few Interac casinos still offer them, regardless. Importantly, such few casinos often subject these bonuses to some high wagering requirements.

Pros and cons of Interac

Interac is by far the most popular payment method in Canadian online casinos because of the striking benefits accompanying it. From seamless transactions to widespread acceptability, players have no issues going for Interac. Having said that, this option has some downsides to it, just like every other casino banking option. We present you with the benefits and drawbacks of Interac below:

Pros:

  • Top-tier security is the hallmark of Interac
  • Most banks and credit unions in Canada accept Interac e-Transfer
  • Many sites accept it both for deposits and withdrawals
  • Speedy transfers, especially as your Interac is connected to your bank account
  • Interac deposits qualify for virtually all casino bonuses and promotions  

Cons:

  • Only a few financial institutions accept deposits via Interac Online
  • The transaction/account fee for withdrawals is at the discretion of banks, so it could be a bit high at some financial institutions.

Conclusion

For over three decades, Interac Corporation has been providing Canadians with quality financial services. Online casinos continue to harness Interac to maximise value for players. This has been possible through Interac Online and Interac e-Transfer, both of which are very popular in most Canadian online casinos. Depositing money with Interac Online is free. Depending on your financial institution, deposits via Interac e-Transfer may or may not attract a charge. But one thing is certain: your deposits are instant.

At the fastest Interac withdrawal casino, you’ll receive your withdrawals within 48 hours. It is awesome to note that with Interac, you can receive all casino bonuses, including welcome packages, reloads, and free spins. So, in addition to secure and relatively quick transactions, Interac deposits will help you unlock some interesting promotions to enjoy your gaming. This is why we recommend you sign up with any of the best Interac online casinos in Canada for a delightful experience.

Interac casinos FAQ

Are Interac online casinos legal in Canada?
Interac is one of the most used banking methods in Canada. All prominent casinos offering Interac are legal, with valid licences to provide online casino entertainment to Canadian gamblers.
What are the best Interac casinos in Canada?
The defining features of what makes the best Interac casinos vary amongst players. But as gambling industry veterans, we carefully assess so many online casinos that accept Interac. The result includes online casinos with generous bonuses, solid security, valid licensing, a variety of captivating, fair games; multiple banking options, highly responsive customer support, etc. All our recommended casinos have these features and more.
Can Interac be used both for deposit and withdrawal?
Yes. You can use both Interac Online and Interac e-Transfer for deposits. With regard to withdrawals, online casinos tend to offer Interac e-Transfer because it’s faster. Also, most banks and credit unions accept Interac e-Transfer.
What are Interac fees in online casinos?
If your financial institution is a participating member of Interac network, you’ll not be charged Interac fees for your deposit, because your carrier (online casino) bears this charge. For withdrawals, you’ll be charged a transaction/account fee. This varies amongst banks. But if your bank isn’t a participating member, you can be charged CAD 4.00 or more, for transactions.
Is withdrawal instant from Interac casinos?
No. Every casino has a withdrawal policy that determines when your funds will be approved. At the fastest Interac withdrawal casino, your withdrawal request can be approved within 24 hours. And your funds can arrive in your bank account a couple of hours after that, typically within 24 hours, too.
Can I use Interac in mobile casinos?
Yes. Interac tailors its services to mobile phone users. As a result, there are numerous mobile casinos accepting Interac, many of which are contained in this guide. These casinos allow you to play and perform transactions on your Android and iOS mobile devices in a fast and convenient way.