Best Mastercard Online Casinos in Canada 2022

Best Mastercard Online Casinos in Canada 2022
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Best Mastercard Online Casinos in Canada 2022
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Updated: 27.10.2022
By Brad Isaac

There are probably only a few people who haven’t heard of or even used Mastercard for transactions. So, it’s not surprising that it is one of the most-used payment methods in online casinos. The best Mastercard online casinos allow players to make deposits and cash out using Mastercard. Depositing via this method, whether using a computer or mobile device is easy. All you need to do is register at an online casino that accepts Mastercard, visit the cashier, and choose it as your preferred method. 

Then, follow the onscreen instructions to complete the transaction. Cashing out your winnings via this Mastercard is also as easy as funding your account. If you’re interested in learning about using Mastercard in online casinos, keep reading. This write-up covers the different types of Mastercard and how to use them for transactions at online casinos. Here, you’ll also learn about the top ten online casinos in Canada which accept this convenient payment option. 

Best Mastercard Online Casinos NOVEMBER 2022

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

Mastercard is a common payment option for gamblers at online casinos. Thanks to its widespread acceptance in different countries, this method of payment ranks high among those available for both in-store and online purchases. Mastercard is also one of the largest issuers of credit and debit cards, and it works with over 25,000 banks and financial institutions globally and in Canada. When it comes to protecting their clients’ information, Mastercard excels. Cardholders in Canada can take advantage of Mastercard ID Fraud Protection, a free service that can help identify and stop identity theft. Mastercard’s plastic cards are more secure and dependable than ever thanks to cutting-edge chip technology. 

Players who make transactions in online casinos can enjoy the extra layer of security provided by Mastercard SecureCode. Like a PIN at an ATM, this is a one-time use code that users must enter before a purchase can be completed online. Players can also apply for tokenization which allows them to submit a token instead of the card’s 16-digit number when depositing at an online casino. Over its many years in business, the company has amassed an impressive collection of awards, including multiple appearances in Fortune 500 issues and dozens of other prizes. Fortune listed Mastercard as the seventh company to “Change the World” in 2016. In 2015, 2016, and 2017, Forbes named it one of the World’s Most Innovative Companies.

Types of Mastercard

Mastercard works with l banks, which then give out Mastercard cards to  users. The financial institution decides what terms and benefits a cardholder can get with their card. There are three Mastercard types you can receive from a bank, and these include credit cards, debit cards, or prepaid cards, all of which can be used to make deposits and cash out in an online casino.

Debit cards for online casino payments

A Mastercard debit card is one that deducts money directly from a bank account. This means that you can only use the money available in your bank account to deposit in an online gambling platform. An online casino that accepts these debit cards for deposits also accepts them for withdrawals. However, there are some gambling platforms where Mastercard debit cards can only be used for deposits but not to cash out. 

Credit cards for online casino payments

A credit card works similarly to a debit card. The main difference is that you are depositing and withdrawing into a credit card account. Once you open this account, the financial institution will give you a credit limit, which is the amount you can use when depositing at an online casino. As you charge things to your card, the amount of credit you have left will go down. Then, you pay the credit card company the amount you have spent plus interest. Like a debit card, you can use these cards to deposit at an online gambling site. You can also use them to cash out, but not every online casino will accept them for withdrawals. 

Prepaid Mastercard for online casino payments

Prepaid cards allow you to spend whatever amount of cash that is stored on the card. Once the money is used up, you can top up online, at the ATM, or at any convenient physical location. These prepaid cards differ from debit cards because they are not linked to your bank account. Prepaid Mastercard casino sites allow you to deposit with a prepaid card, but not withdraw. There’s also the Vanilla Prepaid Mastercard that can be used for online transactions. Online casinos that accept Vanilla Mastercard allow you to deposit, but you can’t withdraw with the card. 

Mastercard gift cards for online casino payments

There are also online casinos that accept Mastercard gift cards. However, these cards can only be used to fund your account, not to withdraw. Gift cards have a number of benefits for Canadian players. They are a great way for people who don’t want to use cards linked to their bank accounts to deposit at online casinos. Also, some people who don’t have bank accounts or can’t use credit cards because they have bad credit can use gift cards instead.

Mastercard deposit to CA online casinos

Depositing at online casinos that take Mastercard is simple. Of course, you can’t deposit crypto like Bitcoin using this payment method, but you can make transactions in CAD. However, you must first sign up at the online casino before you can fund your account and play for real money. Most times, you simply have to visit the gambling platform and choose the appropriate option to register. Then, you enter the information required and complete the registration process. You might also need to confirm your account before depositing on the platform. Once the registration is complete, follow these steps to fund your account at an online casino using Mastercard. Note that these steps may differ slightly, depending on the online casino. 

  1. First, log into your account and navigate to the cashier.
  2. From the list of payment options, choose Mastercard.
  3. Next, enter the amount you want to deposit (note that there are usually minimum and maximum payment limits).
  4. Following the onscreen instructions, enter your card information, which includes your card number and security code.
  5. Complete the transaction. The cash should reflect in your gambling account within a few minutes. 
  6. You can then claim the bonus (if one is available and you’re interested) and play games for real money. 

Withdrawal from online casinos using Mastercard

Cashing out your funds from an online casino that takes Mastercard is just as easy as putting money in. To make sure everything goes smoothly, players should make an online casino Mastercard withdrawal with the same card they used to fund the account. Online casinos usually set limits on how much you can cash out at once. Aside from that, there’s a minimum amount you can cash out when using Mastercard. Many online gambling platforms will let you withdraw at least $20 at a time, and there are limits on how much you can take out at once. 

It’s also important to note that online casinos take some time to process withdrawal requests, and this could be between a few hours and a few days. Once the payment has been made, it could take Mastercard another day or two to process the request. Aside from this, many gambling sites would want to verify your account before approving your withdrawal request, which could delay your funds further. So, you might have to wait up to five days to get the cash you withdrew from the online casino. Also, not all Canadian online casinos will let you cash out to a Mastercard. If this is the case, you will have to find another way to withdraw. The following steps detail how to cash out from a Mastercard withdrawal casino. However, you should note that there might be slight differences, depending on the online casino.

  1. Log into your account and navigate to the cashier or the payments page.
  2. Choose Mastercard as your preferred withdrawal option.
  3. Enter the amount you want to cash out (ensure you pay attention to the minimum and maximum limits).
  4. Fill in the details as required by the online casino and submit the request.
  5. As noted earlier, you’ll have to wait for some days for the funds to get to you, and this could be anywhere from one to five days. 

Fees and commissions in Mastercard online casinos

Some online casinos don’t charge fees for making transactions on their platform. However, this is not always the case, as some gambling sites will charge you a certain fee for cashing out. If so, you can learn more about the applicable fees on the payments or terms and conditions page of the online casino. Regardless of whether the casino charges fees or not, you must pay a commission of between 2% and 3% when you cash out with Mastercard. 

Pros and cons of using Mastercard in CA online casinos

Playing at an online casino with Mastercard acceptance comes with different perks, but there are also a few downsides to take note of. Below are the pros and cons of using Mastercard to deposit and withdraw at an online casino.

Pros

  • Mastercard is easy to use for depositing and withdrawing funds with online casinos 
  • The payment method is safe and secure
  • Deposits are fast and fee-free
  • It is a widely-used payment option that one can find in many online casinos in Canada

Cons

  • Not supported for withdrawals in every online casino 
  • It can take up to five days to receive the funds you have withdrawn from an online casino
  • There’s a 2-3% fee attached to withdrawals

Conclusion 

Mastercard is undoubtedly one of the most-used payment methods for online transactions, including online casinos. Different types of these cards are available, and you can use them for transactions at an online casino. There are online casinos that accept prepaid Mastercard, debit cards, and credit cards for deposits, and sometimes withdrawals. You’ll also find online casinos that accept Vanilla prepaid Mastercard. Even if you’re not tech-savvy, you’ll have little or no problem using this card to deposit and cash out at an online casino. Simply visit the cashier, choose Mastercard as your preferred banking option, and follow the onscreen instructions to complete a transaction. Deposits take only a few minutes to reflect in your gambling account. On the other hand, withdrawals might take up to five days before the funds arrive in your bank account. While the best Mastercard online casinos in Canada might not charge you anything for making transactions, you’ll have to pay fees between 2% – 3% when you use the payment option for withdrawals. Gambling platforms that accept Mastercard are also safe, provided they operate with a license from reputable regulatory authorities. Plus, the payment provider has security measures in place to ensure the safety of your funds. 

Mastercard casinos FAQ

What are the best online casinos that accept Mastercard?
You can find the best Mastercard casinos on this page. They have been handpicked by our experts, based on many criteria of quality. Alternatively, you can try searching for one on the internet.
Is Mastercard accepted in most Canadian online casinos?
Mastercard is accepted in most online casinos in Canada. You can use these cards to deposit funds easily on these platforms. Withdrawing cash via this payment method is simple, but you might not always find it as a withdrawal option.
Are Mastercard online casino payments safe?
Mastercard online payments are safe as the service provider has employed excellent security measures to protect user information. However, you must confirm that the Mastercard casino online is safe before you register on the platform. This is because you have to reveal sensitive card details when transacting on a gambling site.
What is the maximum Mastercard deposit to online casinos?
The maximum amount you can deposit depends on the online casino, with average limits tending to be $10 to $5000 per transaction. That’s why it’s important to read reviews or visit the site to learn more about the casino’s payment limits.
How fast are Mastercard transactions?
Deposits with Mastercard take only a few minutes to show up in your gambling account. On the other hand, Mastercard withdrawal takes longer, usually between one and five days.
Are there any fees when using Mastercard with online casinos?
Some online casinos will not charge you for transactions you make on their platform, while others will charge you a certain percentage of the amount. This fee ranges from 2% to 3%.