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April 28, 2023

How Do Online Casinos Pay You? Popular Withdrawal Methods Reviewed

Online casinos have gained immense popularity due to various games, high accessibility, and the convenience of playing from home.

Despite numerous benefits, online punters tend to have concerns regarding the security of financial transactions. There’s no need to worry because legitimate and reputable online casinos ensure safe withdrawals and deposits through encryption, secure payment gateways, identity verification, protected servers, and SSL certificates.

Popular methods that allow players to manage their funds conveniently and safely are:

  1. Credit cards, debit cards, prepaid cards—Visa, Mastercard, paysafecard
  2. eWallets—Neteller, ecoPayz, EcoCard
  3. Bank transfers—WireTransfer, eCheck, InstaDebit

Bear in mind that some online platforms won’t allow you to deposit and withdraw money using the same methods, while some will require you to. So how do online casinos pay you out? Read on to learn more about payment options at some of the most reputable online casinos.

10 Reliable Online Casinos That Use Quick and Secure Payment Options

Since most online casinos offer some or all the payment methods mentioned above, it can be hard to weed out the platforms that are worth your time and money, so we did that for you.

In the table below, you can find reliable casinos and their payment options.

Sl.No.NameBenefitsWithdrawal Methods
1.Wildz Casino—Bet NOW!Mobile casino 
Live games 
Tax-free
Slots
Credit cards
eWallets
Online banks
Bank transfer
2.PokerStars Casino—Bet NOW!Live games 
Mobile casino 
Sportsbook
Slots
Online banks
Bank transfer
eWallets
3.Casino Classic—Bet NOW!Mobile casino 
Tax-free
Slots
550+ games
Credit cards
eWallets
Bank transfer
ETF CAD
4.PlayOJO—Bet NOW!2,800+ games
Live games
Slots 
Tax-free
Credit cards
eWallets
5.High Flyer Casino—Bet NOW!80+ slots games
Mobile casino 
Tax-free
Credit cards
Online banks
eWallet
6.DraftKings Casino—Bet NOW!Live games 
Mobile casino 
Sportsbook 
Slots
Credit cards
Wire transfers
Checks
Play+ Prepaid card
7.Jackpot City—Bet NOW!Slots 
Mobile casino 
Live games 
Tax-free
Credit cards
eWallets
Online banks
8.Captain Cooks—Bet NOW!Live games 
Tax-free
Slots
550+ games
Credit cards
Bank transfer
Online banks
eWallets
9.HelloCasino—Bet NOW!Live games
Slots
Mobile casino 
Tax-free 
Credit cards
Bank wire
eWallet
10.PartyCasino—Bet NOW!Live games 
Sportsbook
Tax-free 
Mobile casino 
Credit cards
Online banks
eWallets
Bank transfer

It’s essential to understand that each banking option entails specific benefits but also limitations, which may not always depend on the casino. Some restrictions can be imposed by your bank or payment processor. 

You should always read the Terms and Conditions of a particular gaming establishment and check with your financial institution, so you know what to expect when withdrawing your winnings.

#1 Wildz Casino—Best Casino for Quick Deposits and Withdrawals

Besides the variety and number of games it offers, Wildz Casino quickly became a favourite among players due to how easy it is to deposit and withdraw funds. Withdrawals always take longer than deposits and depend on the method you have chosen:

  • Credit card processing may take up to three business days
  • Withdrawals via bank transfers take one to three business days
  • eWallets are the fastest withdrawal method and take up to two business days

The minimum deposit for Wildz Casino is $10, while the minimum withdrawal is $20, which applies to all deposit and withdrawal options. Visit the Cashier section when logged in to check what payment methods are available in Canada.

Wildz Casino offers a generous welcome bonus for all players, but Canadian players get an extra $20, even with a minimum deposit of $10. First-time visitors get a 100% deposit match up to $500, and this bonus includes 200 free spins for designated slots you can use over eight consecutive days. 

Each day unlocks new bonus spins that expire in 24 hours. Besides the standard welcome package, Canadian players can get a 50% bonus of up to $500 upon their second deposit. The value of the free spins can range from $0.10 to $0.25 and may increase as you progress.

The technical aspects at Wildz are user-friendly, so players can focus on having fun. Find all information about the casino here

#2 PokerStars Casino—Safe and Efficient Banking

If you are a fan of poker, you will love PokerStars Casino! This doesn’t mean you can’t enjoy other casino games—PokerStars offers a variety of slots, table games, and live games as well. 

PokerStars Casino offers various payment methods, depending on your location. You can use these deposit and withdrawal options in Canada:

  • Visa
  • Mastercard
  • Paysafecard
  • Interac
  • Instant eChecks
  • MuchBetter
  • Instadebit
  • Apple Pay
  • Bank transfer

Withdrawal and deposit methods must be the same, except in cases where it is not possible to withdraw money using the same method. 

Players cannot make deposits via direct bank transfer or withdraw funds via Visa, Mastercard, paysafecard, or Apple Pay. 

The table below compares different withdrawal methods:

Withdrawal MethodUsual Waiting Time 
MuchBetter One hour
InstadebitOne hour 
Bank transfer One business day
eChecks3–10 business days

Read our detailed overview of PokerStars Casino

#3 Casino Classic—Standard and Efficient Payment Options

Casino Classic attracts players with its unique visual identity and versatile yet efficient banking options.

The minimum deposit is only $1 and is available via multiple payment methods. The processing time depends on the method you choose. Your options are as follows:

  • Credit cards—Visa, Mastercard, Maestro
  • eWallets—Skrill, Netsurf, Neteller, Euteller
  • Direct bank transfers
  • Prepaid vouchers

When requesting a withdrawal, the processing period typically lasts 48 hours. After this time, the payment will be processed, but please note that different withdrawal methods can affect the waiting time. The casino will ask for ID verification before the withdrawal request is approved, extending the payout period by 5–7 working days.

If you are a regular player whose account is verified, the waiting period according to the payment method is as follows:

  • Visa, Mastercard, and Maestro debit cards—1–3 business days
  • Bank transfers—6–10 business days
  • Neteller, Skrill, ecoPayz—1–2 business days
  • ETF in CAD—2–3 business days

The platform charges the following fees for direct bank transfers:

  1. $50 if the withdrawal amount is less than $3,000
  2. $100 if the withdrawal amount is more than $3,000

There is no maximum withdrawal amount, but the casino reserves the right to impose daily, weekly, and monthly limits at any time.
To get better acquainted with this fine establishment, read our full review.

#4 PlayOJO—Enjoy Games With No Wagering and Withdrawal Requirements

PlayOJO has quickly become one of the favourite casinos on the Canadian market because it doesn’t have wagering and withdrawal requirements. 

After creating an account, you must verify the data with a personal document:

  • ID card
  • Passport
  • Driver’s license

Without verification, you cannot make deposits or withdrawals, and you should also note that the data on the payment method must match your account info. 

Withdrawal and depositing methods have to be the same, and you can choose from: 

  • Mastercard
  • Visa
  • Interac
  • ecoPayz
  • Jeton
  • Paysafecard
  • MuchBetter

The minimum deposit is $10, and there is no minimum withdrawal. The maximum withdrawal is $50,000, and this limit applies to all banking options.

PlayOJO does not specify the time it takes to process withdrawal requests, but for eWallets and debit cards, processing should not take more than one business day.

If you win the jackpot or over $5,000, the casino reserves the right to delay the payment.

If you want more information about PlayOJO casino, read our detailed article

#5 High Flyer Casino—Deposit and Withdraw on the Go

If you’re a fan of slot games, High Flyer is the perfect venue for you. Note that the casino is only available on mobile devices. 

Available payment methods include the following:

  • Visa
  • Mastercard
  • Instadebit
  • Interac
  • eChecks
  • iDebit
  • Paysafecard

Withdrawals are made via the same payment method you used for deposits. The minimum deposit is $20 and applies to all methods.

High Flyer does not charge withdrawal fees. The condition you must fulfill is account verification on the website. The name on the payment method also has to match the name on the High Flyer account. 

The casino may ask for a bank statement, utility bill, or a picture of your credit or debit card to complete the identity check before processing your withdrawal.

Keep in mind that High Flyer imposes the following restrictions:

  • The withdrawal request is processed within 24 hours
  • It is only possible to submit a withdrawal request once a day
  • Withdrawals under $50 and over $2,000 should be requested by emailing customer support

Read our complete High Flyer Casino review to get additional details.

#6 DraftKings Casino—Wager on Fantasy Sports

DraftKings Casino was launched in 2012 in the U.S. as a fantasy sports platform but quickly expanded to include various games. The casino’s hassle-free payment methods allow easy deposits and withdrawals. Depositing money into your account won’t incur any fees, and the minimum deposit is $10. 

The winnings are processed within 1–5 business days after making the withdrawal request, but the minimum and maximum amounts may differ depending on your withdrawal methods. The table below shows different payment methods accepted by DraftKings Casino.

Deposit OptionsWithdrawal Options
• Wire Transfer
• Mastercard
• Visa
• Discover
• eCheck
• Play+ Prepaid Card
• Electronic gift card
• DraftKings gift card
• Wire Transfer
• Mastercard
• Visa
• Discover
• eCheck
• Check
• Play+ Prepaid Card

New players at DraftKings Casino can take advantage of three different welcome bonuses, with a 100% Casino Deposit Match of up to $2,000 available on the first deposit. The minimum deposit to qualify for most bonuses is $10, and a 15x wagering requirement must be fulfilled to convert winnings to real money.

Check out our full review to learn more about this exciting online casino.

#7 Jackpot City—Safe and Quick Withdrawals

With over 400 games available, including slots, table games, and live dealer games, there’s something for everyone at Jackpot City. 

The casino allows you to deposit and withdraw funds via: 

  • Visa
  • Mastercard
  • MuchBetter
  • Instadebit
  • eCheck
  • Interac
  • Paysafecard
  • Apple Pay

All methods are available for withdrawals. Keep in mind that you must register and submit a personal document verifying your account to enable transactions. You should also note that the casino will transfer the money to the payment method you used for deposits.

Jackpot Casino does not charge processing fees, but your bank might. Processing requests takes 24 hours, and you can cancel the request and continue playing during this time. 

The platform might require you to re-register if you withdraw a large amount of money, change the withdrawal method, or withdraw cash for the first time. 

If you have won a considerable amount, there is a possibility that the casino will pay you in installments. To learn more about the casino, read our full review.

#8 Captain Cooks—Deposit as Little as $5

Captain Cooks Casino (established in 2000) is among the most popular online venues worldwide. The platform boasts over 550 games from Microgaming, including slots, blackjack, roulette, and more, with the added convenience of French and German language options for non-English speakers.

The minimum deposit at Captain Cooks Casino is $5. Keep in mind that the deposit and withdrawal methods have to match—the casino will transfer the money to the same method you used for the deposit. Should you decide to change it, contact customer support for instructions. The available banking options are:

  • Visa
  • Mastercard
  • American Express
  • JCB
  • Instadebit
  • Paysafecard
  • Flexepin
  • ecoVoucher
  • Neosurf
  • Interac
  • Interac Instant
  • eCheck
  • Bank transfer
  • iDebit
  • MuchBetter
  • ecoPayz

Captain Cooks holds withdrawal requests for 48 hours, during which you can cancel the withdrawal. After 48 hours, the request is processed, but the actual ETA of the funds depends on the chosen method.

While the casino doesn’t charge withdrawal fees for most options, direct bank transfers incur specific charges, depending on the amount. Here’s what to expect:

  1. Over 3,000 units—€70 (around $104)
  2. Under 3,000 units—€35 (around $52)

Captain Cooks Casino is renowned for its safety and fairness, with a third-party organization assessing the platform’s RNG and fair play policies. 

New players are welcomed with a signup bonus and a chance to win big on the Mega Money Wheel slot game. The casino values its regular players, allowing them to join the Casino Rewards loyalty program.

Check out our full review for more information on this reputable Canadian online casino.

#9 HelloCasino—Deposit and Withdraw Your Money Without Fees

HelloCasino has been prominent in the online gaming industry since its launch in 2014. It stands out from the competition due to its diverse games from over 60 providers, all presented in a regulated, safe, and user-friendly manner.

Options for depositing are plentiful, but withdrawal methods are somewhat limited:

MethodDepositWithdrawal
Visa
Skrill
Neteller
Bank wire
MastercardX
TrustlyX
PaysafecardX
SofortX

If your withdrawal method cannot match the deposit method you used, the casino will ask you to choose another. During registration or the first withdrawal, you must submit personal documents, such as an identity card or passport, to verify your account.

HelloCasino does not charge withdrawal fees, but your bank may charge them depending on the method. Expected withdrawal times are as follows:

  • Visa—1–3 business days
  • Neteller, Skrill—1–2 business days
  • Bank transfer—1 business day

To learn more about HelloCasino and its offer, read our comprehensive review.

#10 PartyCasino—Enjoy Numerous Banking Choices

PartyCasino is a famous online venue with a wide range of exciting games, including online slots, blackjack, and roulette. 

The establishment supports several reliable payment methods. Available options include:

  • Visa
  • Mastercard
  • Apple Pay
  • Interac Online
  • Interac
  • e-Transfer
  • Luxon
  • PayWithMyBank
  • MuchBetter
  • Bank transfer 

The platform has to comply with the legal framework of anti-money laundering regulations. Because of that, PartyCasino will require you to confirm your identity and withdraw funds using the same method you chose for depositing. If you use several depositing methods, the casino will distribute your winnings among them. 

Withdrawal processing is instant for most withdrawal methods, except for bank transfers, which take 2–4 business days to come through. There is no limit on withdrawals.

PartyCasino offers new players a 100% deposit match up to $1,000 and a free Party Pack. The welcome bonus includes a $30 bonus that gamers can use at PartyCasino, PartySports, or PartyPoker. The minimum deposit to qualify for the welcome bonus is $10.

For a more in-depth review, check out our full PartyCasino review.

Ninja Admin

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