Can I use a credit card at a Canadian online casino?

Yes, most online casinos available in Canada allow players to deposit and withdraw money using credit cards. However, Mastercard is restricted to deposits only while Visa usually works for deposits and withdrawals. Alternatively, you can pay and cash out via Visa, Mastercard, and Interac debit cards.

Which banks allow gambling transactions?

Most Canadian banks that issue Visa or Mastercard accept offshore gambling transactions. Here are a few “safe” banks that generally accept gambling transfers without problems: Bank of Montreal (BMO), Canadian Imperial Bank Of Commerce (CIBC), Royal Bank of Canada (RBC) or Toronto Dominion Bank (TD Bank).
Other banks have stricter policies, such as Bank of Nova Scotia (Scotiabank) which will only allow transactions to operators regulated by the respective provinces. In Quebec, it’s Espace Jeux in Quebec; PlayOLG in Ontario; and PlayNow in British Columbia and Manitoba. Banks based in the US like chase also restrict gambling transactions even for Canadian, due to very strict US regulation.

Are credit cards a popular form of online casino payment?

Yes, credit cards are immensely popular since they’re accepted almost everywhere and easy to use. Their popularity, however, is quickly being rivaled by some of the new e-wallets available these days, such as MuchBetter, Instadebit or iDebit. Interac e-Transfer and Interac Online are also popular methods, along with Echeck. Prepaid debit cards like Vanilla Prepaid also allow online gambling payments.

Which online casinos accept prepaid cards?

All online casinos that accept Visa and Mastercard Credit Card also accept prepaid or debit Visa/Mastercard.

Can I use a credit card for gambling at a local casino?

Most casinos don’t allow credit cards for purchasing chips and other gambling related items that’s why you’ll see ATM terminals for cash withdrawal everywhere in a casino. This is mainly done to prevent gamblers from overspending.