2023's Top 10 Online Casinos for Interac
Interac is a popular method for online casino banking and is probably most known in Canada. It is known for having a range of advantages for users – quick deposits and withdrawals, extra security, and greater control over your casino spending. On this page we’ll be looking at how Interac works, how to make a deposit and withdrawl, and highlight some of the best Interac online casinos for you to play at.
Our Top Recommended Interac Casinos
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.
Intro to Interac
Founded back in 1984, Interac is a household name for most online gamblers based in Canada. It allows users to transfer money between their online bank account and online casinos without the need to share banking or financial data with anyone else.
Interac has a lot in common with debit cards, because it only allows you to transfer as much money as you have in your account. This is why you’ll often see this payment method’s name being used interchangeably with Interac Debit. Most people looking to use Interac casinos may even find that they already have an account they can use via their existing online banking credentials.
How to make a deposit using Interac
The process of making a deposit at a casino that accepts Interac is a little different to that of other e-wallets because it involves using your online banking account in conjunction with the Cashier area of an online casino. In most instances, the steps to follow will look something like this:
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
While withdrawals aren’t always possible using an Interac e-transfer you might be able to withdraw to an Interac card. The steps are easy to follow, and if Interact isn’t accepted you can always choose another method, like 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.
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
- Currently only available in Canada
- Not available at every online casino
- May incur fees when transferring cash, although online casinos usually absorb these
Safety and security
One important thing to highlight about Interac is that the company works with over 250 banks, credit unions and financial institutions. This means you can be sure to know that the company offers bank-grade security and continuously update their safety protocols.
Another reason why Interac casinos are so popular is that they eliminate the risk posed by sharing your credit card or banking information with a site that may turn out to be shady and ending up on our list of sites to avoid. With its Zero Liability offer, you’re protected from losses that are beyond your control. Of course, if you stick with our approved Interac online casinos this won’t be something you need to worry about.
You can read more about all the security measures Interac takes to ensure the safety of its users, and how you can protect your details when playing on online casinos on their website.
[6.6 billion transactions via Interac in 2018.] It makes us experts, and we can come to the table and help design systems that keep legitimate systems safe while detecting fraud. That’s crucial as we prepare for the fraud of tomorrow.
Similar banking options
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
It’s vital there’s a customer support team waiting in the wings to help out users who are struggling with the banking method. We send enquiries to teams in order to find out how quickly, and effectively, they answer our questions.
Why use Interac at online casinos?
In 2018, Interac handled more than 6.6 billion transactions. In other words, it’s a hugely trusted banking method for both online casino players and other customers. It’s got a great reputation for being lightning fast and has a solid team working behind the scenes to help users resolve any issues they encounter.
Using Interac is as easy as using your online banking to make a payment, which the vast majority of online gamblers are already totally comfortable with. The only real issue with Interac is that it’s not available outside Canada and, as a consequence, isn’t offered by every online casino. Fortunately, you’ll find a list of the best Interac casinos that we’ve found right here on this page.
FAQ
Why should I use Interac?
Interac is a safe, easy and affordable way to transfer money from your bank account to the online casino of your choice. Although using it may incur a small fee when withdrawing cash, it’s worth it for the peace of mind that those extra layers of security grant users.
Can anybody make payments with it?
Currently, Interac is only available at online casinos in Canada. 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 it accepted at online casinos?
Not all casinos accept this payment method, since there’s really no reason for casinos that don’t cater for Canadian players to do so. We have, however, listed plenty of top Interac online casinos where you can try your luck!
How does it 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?
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?
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?
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.
