InstaDebit Casinos in Canada 2022
Have you ever wondered what InstaDebit is and how you can use it online casinos? You’ve come to the right place. With the help of our guide, you will find answers to all the questions you have about this commonly used payment method in Canada. InstaDebit is a safe online payment option. It allows users to make payments to online casinos and merchants directly from their bank account. You can use InstaDebit only if you are a resident of Canada. When it comes to casino payment methods, InstaDebit is very popular among Canadian players. Keep reading our review focused on this reliable payment option.
- Found in many online casinos
- Used by Canadian players only
- Low fees
- Safe payment solution
InstaDebit: How it works!
InstaDebit allows users to make payments to casino sites with the funds found in their bank accounts. The process of withdrawing funds works in the same way. If you are a resident of Canada, and you are 18 or older, you can get an InstaDebit account. You must be a registered member to make transactions, but the registration procedure is simple and fast. Once again, we should mention that you need a real bank account too if you want to use InstaDebit. This makes sense because it’s the only way to send money to your InstaDebit account. If you are interested in signing up at an InstaDebit casino, you don’t need a debit or credit card though. Typically, transfers in any online casino are fast and hassle-free.
Payment procedure with InstaDebit
InstaDebit is one of the simplest payment options offered in online casinos today. Yet, if you have never used it before, it might be a good idea to check our step-by-step explanation of the payment procedure.
- Check whether you have a bank account that works online.
- Find a reliable online casino where InstaDebit is offered as a payment method and choose this method
- Log in to your InstaDebit account.
- Approve the transaction.
In case you don’t have an InstaDebit account, you can create one and link it to your bank account during the first transaction. This payment solution works perfectly in many online casinos. With its help, you’ll be able to try your favorite casino games in a matter of minutes. You can withdraw the funds from your casino account to InstaDebit very fast, but it will take up to 5 business days to get them from your InstaDebit account to your bank account. As you can see, this is a very good option for casino players that come from Canada.
InstaDebit: You need this before your first payment
Do you want to play casino games or you want to use InstaDebit to buy services and goods on the World Wide Web? No matter what kind of answers you’ve provided to this question, you should remember that before making your first InstaDebit payment, users must possess a real bank account.
Additionally, only Canadian nationals can use this option. If you are a Canadian and you are at least 18 years old, you can open a bank account in banking institutions supported by InstaDebit like Scotiabank, the Royal Bank of Canada, the National Bank, or the Bank of Montreal. Check their offers and join a bank that matches your requirements. Of course, this bank must be casino-friendly too.
To place a deposit via InstaDebit in any online casino, you will need money on your account. So, you need money on your bank account first because these funds will be transferred to your InstaDebit account and ultimately to your casino account. Everything is done on the Internet and requires minimal effort on your side. In the end, players must register to a reputable InstaDebit casino and transfer some funds to the casino account to enjoy their favorite live casino games or regular online casino games.
Pros and Cons of InstaDebit
Advantages of InstaDebit
Without any doubt, the number of advantages of using iDebit, especially for online gambling, is high. We’ve analyzed the most important benefits that players can get from this specific payment method and we hope that they will help you understand why you should consider using iDebit. Weigh all the pros and cons before using any casino payment method.
- Found in many online casinos – InstaDebit is a payment method available in dozens of online casinos where Canadian players are accepted. It won’t take much time before you find an online casino with great bonuses and games where you can use this payment option.
- Very secure option – When using InstaDebit in online casinos, your information is secure. Every financial detail that you share is revealed only by InstaDebit. The online casino that you are using will get only encrypted data that cannot be stored or shared with anyone else.
- Instant transfers – In case you choose this payment solution on a casino website where it’s accepted, you don’t have to wait for verification or approval. These transfers are processed right away. Keep in mind that you’ll have a temporary transaction limit right after you create an account, but you verify your bank account, you’ll get a much higher spending limit.
- Fewer technicalities – InstaDebit users don’t need a minimum amount of money to keep their account active. They can use all their funds 24 hours a day, 7 days a week without restrictions.
- Professional customer support – If a user encounters any problem or has a question, they can count on the professional customer support provided by the InstaDebit service. This support is available all the time. You can use a live chat feature, phone, or email to get in touch with their representatives.
- Very low fees – When using InstaDebit, players should not expect high fees. There’s a fixed, pre-determined fee that’s applied to all transfers from your bank account. Payments from the InstaDebit account itself are not subjected to fees.
Disadvantages of InstaDebit
All the advantages associated with InstaDebit won’t mean much if you are not a Canadian resident. That’s the biggest drawback for non-Canadian players – they can’t use this payment solution. Additionally, InstaDebit transfers from your account to your bank account can take up to five days. For many users, this can be a big drawback.
How long does a withdrawal with InstaDebit take?
Before you join a new online casino, it’s wise to check the transaction times. For starters, we should point out that every deposit placed in online casinos that accept InstaDebit is processed without any delays. Just share the required info with the InstaDebit online casino you’ve chosen and your funds will become available on your casino account. These transfers don’t have fees, but if you are making transfers from your bank account to InstaDebit, you will have to pay a small fee.
So, how much time is needed for a withdrawal to get processed when you are using this payment solution? In most cases, online casinos have a 24-hour verification process. Most of them will finish the procedure faster. Once completed, you will get your money on your InstaDebit account. However, to get them on your bank account, you will have to wait between two and five business days. That’s the average time for withdrawals for most payment options found on casino sites. The good news is that there are no hidden fees or any fees at all (unless the casino has a different policy).
Top 5 Online Casinos that accept InstaDebit
Many Canadians are familiar with InstaDebit and a huge number of these people use it to play online casino games with real money. Those of you interested in getting the most from InstaDebit for online gambling purposes should read our Top 5 comparison list. Sign up at one of the best InstaDebit casino sites and start playing now!
InstaDebit Casino: Frequently asked & answered
If you still have any questions or dilemmas regarding the use of InstaDebit in online casinos, check our FAQ section below.
No. You shouldn’t expect to get a chance to use this specific payment solution in all online casinos. However, the majority of online casinos that are focused on the Canadian market have InstaDebit in their offer. Also, there is no payment option accepted by all online casinos.
When you use InstaDebit for online gambling, only the general fees used by the casino provider are applied to these transfers. There are no extra fees. Yet, the service itself may charge you for these transfers. The good thing is that these fees are low and fixed.
There’s no doubt that this is a safe and secure payment method for online gambling. The transaction details related to deposits and withdrawals at online casinos are encrypted. They can’t be stored or shared with anyone else. It’s almost impossible for hackers to compromise your InstaDebit account.
No. However, the majority of reputable Canadian banks are supported by InstaDebit making it easy for the average user to make transfers from and to their bank accounts. Some of the banking institutions that accept InstaDebit include Scotiabank, the Royal Bank of Canada, the Canadian Imperial Bank of Commerce, and the Bank of Montreal.
No. Online casinos don’t have casino bonuses that are created only for those who want to use InstaDebit as a payment solution. Yet, if you decide to use this specific payment method, you can still use all the bonuses available at that casino.
One of the best things about InstaDebit is that players can make instant deposits with this payment option. All they have to do is log in to their InstaDebit accounts through the casino site, choose an amount, and submit the information. The funds will be transferred immediately.