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Instadebit Casino Banking Method Review

By: Russell Potvin

When it comes to casino payment methods for Canadian players, the number one choice is Instadebit. This is a Canadian company that works with banks in Canada. It is a quick and easy way for you to deposit and withdraw casino funds to your bank account without any hassle.

Instadebit Casinos

Rank Name Rating Bonus Bonus % Canadians
Accepted?
Software Options
1 Jackpot City Casino Jackpot City Casino Yes Microgaming Visit
2 Gaming Club Casino Gaming Club Casino Yes Microgaming Visit
3 Spin Palace Casino Spin Palace Casino Yes Microgaming Visit
4 Maple Casino Maple Casino Yes Microgaming Visit
5 Lucky Nugget Casino Lucky Nugget Casino Yes Microgaming Visit
6 Gowild Casino Gowild Casino Yes Microgaming Visit
7 888 Casino 888 Casino Yes 888 holdings Visit
8 Roxy Palace Casino Roxy Palace Casino Yes Microgaming Visit
9 Bet365 Casino Bet365 Casino Yes Playtech Visit
10 LaVida Casino LaVida Casino Yes Microgaming Visit
11 Ruby Fortune Casino Ruby Fortune Casino Yes Microgaming Visit
12 Party Casino Party Casino Yes Bwin Party Visit
13 Europa Casino Europa Casino No Playtech Visit
14 Titan Casino Titan Casino No Playtech Visit
15 Wild Jack Casino Wild Jack Casino Yes Microgaming Visit
16 Vegas Red Casino Vegas Red Casino No Playtech Visit
17 Energy Casino Energy Casino Yes GreenTube Visit
18 Del Rio Casino Del Rio Casino No Playtech Visit
19 Quasar Gaming Casino Quasar Gaming Casino Yes GreenTube Visit
20 GoBetGo Casino GoBetGo Casino Yes UltraPlay Visit

This isn't an offshore or overseas website that you are passing your banking details on to and it is only available to those who have a bank account in Canada. They also have to comply with governing regulations which makes them a safe and secure option. It is an e-wallet service that provides users with a safe and convenient payment method that they can use to deposit and withdraw money. Like all other e-wallet services, they buffer you from the merchants so that the casino never sees any of your personal financial details. The concept behind this is very simple. You put money into your virtual wallet from a bank account or credit/debit card. Once this money has been credited to your account you can then make transactions online using Instadebit instead of your credit or debit card where you also have to give out your personal information. What sets this payment method apart from the rest is their cutting edge risk and fraud management.

When you use this payment method to deposit funds into your casino account it is done instantly. You can fund your Instadebit account at any time and you can monitor everything via your online account. The balances in your account are separated by currency so if you if you have a balance in CAD and you make a deposit to a casino in USD, it will be taken from the USD balance first or your bank account if there is no USD balance available. Your CAD balance will remain untouched. This service uses the latest SSL encryption technology, protecting all transactions from third parties. This basically eliminates any risk of having your account accessed by anyone else.

Pros and Cons For This Payment Method

There are plenty of pros when it comes to using this payment method:

  • It acts as a privacy buffer between your bank account and the sites that receive your funds.
  • Unlike other e-wallets, they don't require you to upload funds to your account.
  • They work with US and Canadian dollar based bank accounts.
  • You don't have to share your bank details with third parties.
  • You don't even have to have an Instadebit account set up to use their service, you can set everything up as soon as you want to make a payment.
  • Setting up an account is easy and all you have to do is fill out a form with your details and your bank account details.
  • There are no transaction charges.
  • Instant deposits
  • They use the latest SSL encryption technology to ensure that your personal details are safe.
  • You can log into your account at any time and check your transaction history.
  • The site has 24/7 support so you can get assistance whenever you need it.

Now for the cons to using this service:

  • The only currencies accepted are Canadian dollars and US dollars.
  • If you have no balance in your account there is a $1 charge per deposit to a casino
  • There is a commission on withdrawals, but that's common among ewallets

Instadebit Casino Bonus Rewards

The Canadian online casino market is growing at a rapid pace and because of this more and more players are looking for places that accept Instadebit as a payment option. There are lots of online casino that offer this payment method to their customers. However, the casino we recommend most that accepts Instadebit is Jackpot City. They offer a free bonus incentive for all players who choose this option. We also have our very own exclusive $10 no deposit bonus for Jackpot City so be sure to check this out if you are looking for an exciting new venue to play at. A lot of gambling establishments offer incentives and additional bonuses to customers who use a specific payment method such as Instadebit when making deposits. This can get you an extra 15% on your deposit and boost your bankroll even further. It is worth checking when signing up with a new Canadian casino whether or not this option is available as it can be very worthwhile. If you want a great no deposit deal then be sure to check out our exclusive offer and get $10 free when you sign up as a new customer.