Interac casinos

Interac is one of Canada's most well-known and trusted financial services with a history of over 35 years of activity. It provides reliable and efficient payment solutions on a variety of markets, including the online gambling market. Being one of the top payment options for Canadian gamers, virtual casinos compete to create special offers for their users. Below, our gambling specialists handpicked the best Interac promotions in Canada that are sure to offer a rewarding and fun experience to every type of player.

Why did we pick these Interac online casino bonuses

We have verified every casino that accepts Interac according to our methodology, and only the ones that met our criteria ended up on our list below. They were each checked for integrity, transparency, reliability, and from the ones that passed all our experts' tests and verifications procedures, only the ones with excellent and rewarding bonuses were chosen to be on the list. We’ve also made sure to offer various promotions for both new and experienced players because we know each gamer's journey is different.

Interac and the world of online gambling – a match made in heaven

It is estimated over five hundred casinos available to Canadians today that offer Interac, which amounted to over 30 million transactions made via this payment option on online casinos. Both Interac Online and Interac E-Transfer have been quickly adopted by the online gambling industry and became one of the Canadian players’ favourites.

Interac Online vs Interac E-Transfer – what are the differences?

The payment option is available for both deposits and withdrawals, and many gamers look for it when choosing a new casino platform. Casino Interac transactions are also available on mobile, allowing players to enjoy mobile gambling and fast payments from Android and iOS devices using Apple Pay, Google Pay, and Google Pay.

Users can quickly and easily create an account with this payment method, so gamers can start playing in a matter of minutes. An Interac casino in Canada offers customers the high security and reliability level sought out by all gambling enthusiasts.

Tips: Interac collaborates with four of the most important Canadian banks: RBC, Scotiabank, BMO, and TD Canada Trust. This means that most Canadian players can use it, which is definitely a plus.

The best Interac casinos in Canada

As mentioned above, there is a wide variety of Interac E-transfer casinos on the Canadian gambling market, but even if they may seem alike, there are many differences one may find at a closer glance. Our experts looked for these differences, compared the websites, and tested their integrity and security levels so we can only recommend the best ones.

The five brands in the table above have been selected for outstanding results during our testing procedures and, probably more importantly for players, for consistent promotions that can be claimed using Interac. Aside from these must-have aspects, they come with great game collections and other benefits Canadian players will surely enjoy.

Why choose Interac for gambling at online casinos

Interac got to be one of Canada’s favourite banking options due to the high quality of its services and its uncontested reliability. In August 2020, Bank of Canada has designated Interac E-Transfer as a prominent payment system through the Payment Clearing and Settlement Act. This measure was taken because, in the 2019 fiscal year, over 486 million transactions were performed with this banking method, amounting to C$169 billion. However, as it can be seen in this table, an Interac casino in Canada also comes with some disadvantages. Let’s take a closer look at the essential aspects of this payment solutions provider!

Interac Online Accepted Banks

• Alterna Bank
• ATB Financial
• B2B Bank
• BMO Bank of Montreal
• Canadian Western Bank
• CIBC
• CTC Bank
• DC Bank
• Desjardins
• EQ Bank
• First Nations Bank of Canada
• HSBC Bank Canada
• ICICI Bank Canada
• Laurentian Bank
• Manulife Bank
• Motive Financial
• Motus Bank
• National Bank of Canada
• Neo Financial
• PC Financial
• Peoples Trust Company
• RBC Royal Bank of Canada
• SBI Canada Bank
• Scotiabank
• Tangerine Bank
• TD Canada Trust
• Wealth One Bank
• Westphere Systems Inc

Interac fees and payment processing times

Making an Interac deposit at an online casino will not cost the player any money. Interac only charges what they call an Acquirer Service Fee, as follows:

• C$0.115 for any transaction of up to C$15;
• C$0.265 for transactions of C$15.01 to C$35;
• C$0.465 for transactions of C$35.01 and over.

Acquirers are the companies that receive the payment – in our case, the casinos – so the customer will not be charged by this payment solutions provider.

However, this does not mean there will be no fees involved. While most online casinos will not charge any, some will charge withdrawal processing fees. Besides, the bank a player uses will most likely apply its own charges to each transaction made.

Deposits made with this banking option will not be performed instantly. Funds take between 5 and 30 minutes to appear in one’s casino account balance. Withdrawals take from 2 to 5 days, depending on the gaming platform.

Be Aware: The withdrawal processing time is not only dictated by the banking option but also by the casino and how long it takes for the casino team to verify the payment request and sometimes manually approve it!

Recommendation: Not all casinos that accept Interac deposits also accept withdrawals using this method. This can be a problem for some gamers since most of them prefer to use the same banking option for both types of transactions. Also, Interac payments can only be made in CAD, which can be great considering most Canadian players will naturally use the national currency. However, some might prefer to gamble in a different one. For them, this banking option will not be available.

Conclusions

Collaborating with top-level Canadian banks, accepted by over 450,000 merchant locations, and available at many online casinos, Interac is the go-to payment option in Canada without a doubt. It offers secure and fast transactions on both desktop and mobile devices. Ever since it joined the online gambling world, more and more players turned to it. It offers multiple services to fit every need, Interac E-Transfer being the one most gambling platforms have available. Moreover, some Canadian casinos created exclusive offers for this payment option, making it even more attractive. Refer to the list below for a selection of the best promotions one can benefit from using this banking method!

Methodology and References

Some of the information on this page comes from our users' preferences, our team testing this payment option, and the following sources:

About Interac - https://www.interac.ca/en/about/

Canadian banks that collaborate with Interac - https://en.wikipedia.org/wiki/Interac

Bank of Canada designates Interac e‑Transfer as a prominent payment system - https://www.bankofcanada.ca/2020/08/interac-e-transfer-prominent-payment-system/