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July 11, 2023

Understanding Online Casino Deposit Methods—A Comprehensive Guide

Since online gaming is taking the market, it is crucial to understand how digital casino transactions work to make your experience safe and fun. This thorough guide will give you an insight into different online casino deposit methods available to Canadian players. We will also present the list of the top ten online establishments that support convenient and reliable banking options.

Online Casino Deposit Options 

Online casinos typically require a verification process before any transaction. You must provide personal information to prove that you are eligible to play and receive online payments

You get to choose among various banking options, including credit cards, eWallets, and bank transfers. Regardless of the preferred deposit method, online casinos usually facilitate fast deposits. The common minimum amount is $10. 

The withdrawal process is usually not as efficient. To avoid the hassle during registration, many venues conduct identity checks for the first withdrawal, which makes the process longer. Keep in mind that casinos don’t impose transaction fees, but the selected payment processor can charge extra for their services or currency conversion.

You should read the terms and conditions of a specific casino to understand their payment policies and confirm with your bank, card issuer, or digital wallet provider whether online gaming payments are allowed and whether any restrictions apply.

Top 10 Online Casinos With Convenient Deposit Options

The following table shows our pick of the top ten online casinos with reliable deposit and withdrawal options. Below the table, you can find a concise review of every venue from the following list:

Sl.No.Online CasinoKey FeaturesDeposit Options
1.PlayOJO—Explore NOW!User-friendly2,700+ games
Secure transactions
Cards
eWallets 
Online banks
2.Jackpot City—Explore NOW!400+ games
Slots, live games
iOS and Android apps 
eWallets
Online banks
Debit and credit cards
3.Knightslots Casino—Explore NOW!2,900+ games
Advanced protection
Mobile casino
Credit cards
Prepaid cards
eWallets
4.Unibet—Explore NOW!750+ games
Mobile friendly
SSL encryption
Credit cards
Bank transfers and online banks
eWallets
5.DraftKings Casino—Explore NOW!Diverse game portfolio
Mobile app
Advanced encryption
Debit and credit cards
eWallets
Online banks
Prepaid cards
6.Wildz Casino—Explore NOW!Live games
User-friendly interface
Reliable support
Online banks
Bank transfer
eWallets
7.Lucky Days—Explore NOW!Mobile casino
Tax-free
Various game providers
Online banks and eWallets
Bank transfer
Cards 
8.Casumo—Explore NOW!Live casino2,700+ games
User-friendly 
Cards
eWallets
Bank transfer
9.Spin Casino—Explore NOW!The most popular slots
Helpful customer support
Tax-free
Debit and credit cards
eChecks
Online banks
10.Ruby Fortune Casino—Explore NOW!Mobile friendlyHigh-level protectionLive casinoOnline banks
Bank transfer
Cards

#1 PlayOJO

PlayOJO, founded in 2017, is one of the newest gaming platforms for Canadian players. Besides the Alcohol and Gambling Commission of Ontario (AGCO) license for Canada, it holds five more certifications:

Accessible via a responsive website, the casino offers a straightforward online gaming experience with 2,700+ titles from popular game providers. For real-money players, it supports the following deposit methods:

All methods are also available for withdrawals. Before any payment, you must verify your identity. The minimum deposit is $10, while the maximum withdrawal limit is $50,000. If you get $100 in a non-deposit campaign, you must make a first deposit before the withdrawal.

The casino gives a bonus of 50 free spins after your first $10 deposit. Besides the welcome bonus, you get numerous promotions and rewards based on your activity.

PlayOJO protects your personal and financial data with top-tier security protocols and SSL encryption. Its customer support team is available via chat or email for any concerns. For more information about PlayOJO, check our full review.

#2 Jackpot City

Jackpot City is one of the most popular gaming platforms among Canadian players. Holding licenses from the Malta Gaming Authority (MGA) and the Alcohol and Gaming Commission of Ontario (AGCO), the casino promotes fair and responsible playing. It offers more than 400 titles, including slots, blackjack, and roulettes. Jackpot City supports numerous secure payment methods:

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

Note that the selected deposit method is automatically used for the next withdrawal. The establishment does not charge fees for deposits or withdrawals, but your preferred payment processor might do so for currency conversion or other processing services. Before getting your first payout, you must verify your identity. The casino processes deposits instantly, but it holds withdrawal requests for 24 hours, during which you can cancel them.

Jackpot City matches your initial four deposits 100% up to $1,600 if you claim this welcome bonus seven days after registration. Regular players collect loyalty points, which give them unique perks and rewards.

Jackpot City protects all data with SSL encryption to prevent fraud. If you have any questions or issues, you can reach customer service via email and live chat. For additional details about the casino, read our comprehensive guide!

#3 Knightslots Casino

Knightslots Casino, launched in 2020, is one of the top gaming platforms in Canada. This medieval-themed platform offers more than 2,900 titles from the most reputable providers. The casino holds licenses from the Malta Gaming Authority (MGA) and the Alcohol and Gaming Commission of Ontario (AGCO), providing a safe and fully-regulated gaming environment. The venue uses SSL encryption to protect all data and transactions.

The casino accepts secure deposit methods, such as:

  • Visa
  • Mastercard
  • Payz
  • AstroPay
  • Jeton
  • MuchBetter
  • Interac
  • Paysafecard

Keep in mind that specific payment methods are not available in all locations. The minimum deposit is $10, while the minimum withdrawal is $20. For withdrawals higher than $5,000, the casino requires additional verification. The maximum withdrawal limit is $50,000 per transaction, but you can have an unlimited number of daily transactions.

Knightslots Casino gives a generous bonus to new players, including doubling the first deposit (up to $100) and 50 free spins. The casino rewards its regular players with other lucrative benefits, such as frequent promotions, tournaments, and loyalty programs.

For any questions or technical issues, Knightslots Casino has helpful customer support. It is available via email and live chat. To find out more about the casino’s features, read our full review.

#4 Unibet 

Unibet Casino hosts more than 750 titles available across devices. It holds the Malta Gaming Authority (MGA) license and uses SSL encryption to protect your data. Real-money players must open a Unibet account and undergo additional identity verification to access the games.

The casino offers the following deposit methods:

Deposits are immediate except for bank transfers, but the withdrawal process usually takes 3–5 days. You can use different payment methods for deposits and withdrawals.

Unibet offers a welcome bonus matching a first deposit by 100% up to $500. It also gives regular prizes, including free spins and loyalty points through the loyalty program. Its Refer a Friend program gives you bonuses worth up to $800, as you earn bonus money when your friends accept your invitation and make the first deposit.

The casino promotes responsible gaming by facilitating a deposit limit, a reality check feature for a time limit, and a self-exclusion option. For all concerns, feel free to contact the Unibet customer support team. Check our full review for additional details about this establishment.

#5 DraftKings Casino

DraftKings Casino, licensed by the Alcohol and Gaming Commission of Ontario (AGCO), was introduced to Canadian players in 2021. It offers over 1,000 titles divided into three categories:

  1. Slots
  2. Table games
  3. Live Casino

For registered real-cash players, the casino supports the following deposit methods:

  • Visa and Mastercard
  • PayPal
  • Discover
  • eChecks
  • Wire transfers
  • Electronic gift cards
  • DraftKings gift cards
  • Play+ Prepaid Card

Most methods are also available for withdrawal. The minimum deposit is $10, while the minimum and maximum withdrawal amounts depend on the banking option. Deposits are swift, but withdrawals can take up to five days. DraftKings Casino imposes no transaction fees, but the selected payment option might.

The casino offers the following welcome bonus packages:

  1. 100% Casino Deposit Match up to $2,000 on the first deposit
  2. Deposit match up to $100 in casino credits
  3. Custom offer if you deposit over $2,000

To claim your bonus, you must register and make the first deposit. The wagering requirement for a welcome bonus is 15x, which means you must play through your awarded funds 15 times before withdrawing them. The casino also offers other lucrative promotions depending on your activity.

DraftKings protects your data with advanced encryption, and you can address any concerns with their responsive customer support team via email and live chat. To find out more about DraftKings, read our comprehensive review.

#6 Wildz Casino

Wildz was launched in 2019 and quickly became popular among Canadian players due to its user-friendly interface, a library of over 1,000 titles and convenient payment methods. These include credit cards, online banks, eWallets, and bank transfers. Some of the most used are:

  • Instadebit
  • Mastercard
  • Neteller
  • Paysafecard
  • Visa
  • Skrill
  • Trustly

The minimum amount for a deposit is $10, and the minimum amount for withdrawal is $20. Deposits are processed immediately, while withdrawals can take some time, depending on the payment method.

The casino gives a 100% deposit match to new players, up to $500. Canadian players get a second match for their second deposit (up to $500). You also receive 200 free spins on a selected slot divided over the first eight days. Regular visitors enjoy:

  • Reloads
  • Spinbacks
  • Loyalty benefits

The establishment has the Malta Gaming Authority (MGA) license and follows all the rules and regulations imposed by Canadian gaming laws. All data is protected with SSL encryption, so your financial and personal info is safe.

The casino encourages you to play responsibly with time and money limitations features. Its customer support staff is available 24/7 via email, while VIP players can also contact personal account managers via phone. If you want to find out more about the casino, read our full review.

#7 Lucky Days

Lucky Days Casino is one of the most popular gaming establishments in Canada. It offers various games, advanced data protection, and diverse payment options. You can deposit your funds via:

  • Visa and Mastercard
  • Debit cards
  • Interac
  • Payz
  • MuchBetter
  • Paysafecard
  • Instadebit
  • Bank transfer

All methods are available for withdrawals, with a minimum amount of $10. Every payment method requires additional identity verification before any transaction. Lucky Days does not charge fees, but your payment processor can impose specific charges.

The casino gives a generous welcome bonus of 100 free spins and a 100% match for the first three deposits. The maximum reward amount is $1,500. Keep in mind that you are eligible for the welcome bonus only if you make a minimum $20 deposit and use the following deposit methods:

  • MuchBetter
  • Visa and Mastercard
  • Debit card
  • Instadebit
  • Bank transfer

Lucky Days provides a safe and fair environment, following the related rules and regulations and offering the highest level of protection. Read our complete Lucky Days review to learn more.

#8 Casumo

Casumo lets you enjoy over 2,700 games available across devices. The available deposit methods are:

  • Visa and Mastercard
  • Payz
  • MuchBetter
  • Interac
  • Paysafecard

The casino accepts the same methods for withdrawals. Deposits are immediate, while withdrawals are processed within a day. Your first deposit cannot be less than $10, and the maximum withdrawal limit is $50,000. Casumo has no transaction fees, but your preferred payment method can charge processing costs.

This establishment gives a match-up bonus for the first deposit of up to $500. You also get 115 free spins divided over the first five days upon registration. Regular players can enjoy other bonuses, promotions, and benefits—Casumo currently offers the following:

  1. Reel Races
  2. Casumo Valuables
  3. Casino Drops and Wins

The casino holds operating licenses from the:

It uses advanced encryption to protect all data. To help you keep your gaming habits under control, Casumo lets you set the following limits:

  1. Spending budget
  2. Deposit limit
  3. Wager limit
  4. Loss limit
  5. Logged-in time limit
  6. Login time block

If you experience any technical issues, Casumo’s customer support is available 24/7 via live chat and email. To learn more about this gaming platform, check out our full review.

#9 Spin Casino

Spin Casino offers various lucrative online games across all devices. It holds licenses from the Malta Gaming Authority (MGA) and the Alcohol and Gaming Commission of Ontario (AGCO). It also received eCORGRA certification for its compliance with industry regulations. All financial and personal data is protected with SSL encryption.

For registered real-money users, Spin Casino enables the following deposit methods:

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

Your preferred deposit method is automatically used for the next withdrawal. The minimum deposit is $10. The withdrawal limit is based on your last deposit, so you can take out as much money as you’ve last deposited. Before withdrawing funds, you must verify your identity.

Spin Casino rewards new players with a 100% deposit match of up to $1,000 for the first three deposits, as follows:

  1. 100% match up to $400
  2. 100% match up to $300
  3. 100% match up to $300

Regular players are rewarded with daily bonuses, including free spins and loyalty benefits.

Spin’s customer support team is always available to resolve potential issues, and you can contact them via email and live chat. For additional information, read our in-depth review

#10 Ruby Fortune Casino

Ruby Fortune Casino, founded in 2003, is a gaming platform with over 600 real-money games, including slots, table games, and live dealer games. It is a reputable and secure establishment with licenses and certificates from the:

  1. Swedish Gambling Authority (SGA)
  2. Malta Gaming Authority (MGA)
  3. Kahnawake Gaming Commission (KGC)
  4. Alcohol and Gaming Commission of Ontario (AGCO)
  5. eCommerce Online Gaming Regulation and Assurance (eCOGRA)

With strong firewalls and SSL encryption, you don’t have to worry about your transaction security at Ruby Fortune. The casino lets you deposit and withdraw money with the following methods:

  • Visa and Mastercard
  • Bank transfers
  • Interac
  • MuchBetter
  • eChecks
  • Apple Pay
  • Paysafecard
  • Instadebit

Ruby Fortune gives a generous welcome bonus by matching the first three deposits up to $750. Regular players enjoy daily and monthly promotions, free spins, game-specific bonuses, and loyalty points.

The casino’s customer support is available 24/7 to help resolve any issues. You can contact them via live chat or email. Check out our comprehensive review of Ruby Fortune for further details.

Ninja Admin

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