Arguably the most popular banking option at online casinos is a debit card. Especially since credit cards have been banned for use at Canadian online casinos. And although there are many other deposit options, players still have more trust for debit cards of Visa or MasterCard. Besides, all Canadian casinos but few exceptions accept deposits made with debit cards. In this post, we’ll give you a list of online casino sites where you can deposit with your debit bank card.
Debit Card Online Casinos
These are the most reliable online casino sites that offer various banking options, including debit cards. In fact, as we said, many gambling sites accept debit card deposits and withdrawals, so you can choose a different casino after reading our best online casino reviews and sign up with it. It isn’t a problem to find a debit card casino; it’s more of an issue to find a casino that suits your preferences.
Debit Cards Explained
Well, almost everyone knows what a debit card is. Moreover, every alternative (if not each) person has a bank debit card.
Debit cards are valid all over the world being the most common banking method ever produced. When a person purchases a debit card, he links his bank account to this card, thus all funds the user has on his bank account are reflected on his debit card. This allows people to make payments online or in stores using the card instead of cash.
A debit card user can only spend as much money as he has in his bank account. No credit funds are available for him. That is why debit cards are safer in terms of addiction. You simply can’t fall into debt because no bank will give you free money into your debit card.
Debit card transactions are safe as banks apply strong protective measures. Usually, it is information encryption technology that secures all the banking details and other users’ information making it impossible to read for internet fraud.
Why Use Debit Cards for Online Gambling
Many casino players, including you who are reading about debit card deposits, choose this payment method for certain reasons. And you have all rights to use your debit card as the preferred deposit method due to the following benefits:
- Unlimited choice of casinos. Indeed, all online casinos, online poker sites sportsbooks accept debit card payments. On each site, you can see the logos of Visa and MasterCard, which means that they are accepted. Some gambling sites also accept local debit cards.
- Instant deposits. Banks process your deposit request in mere seconds. Thanks to such a quick operation, you can play casino games straight away.
- Low or 0 fees on withdrawals. First of all, it’s already a benefit that debit cards allow withdrawals. But it’s even better when you realize that there are no or low fees for transactions on the side of online casinos.
- High-end security. Debit cards are regulated by banks that are major financial institutions. They use complex encryption firewalls to secure users’ funds and details. So, you can be sure that your funds are totally safe.
- Round-the-clock support. If you have any issue with a debit card deposit, you can contact the bank’s customer service that works 24/7. Use any source from the mobile bank app to phoneline.
- Bankroll management. Because debit cards allow players to use only those funds that are on their account, they can’t risk being charged for an overdraft. This allows players to stop gambling on time without overspending their bankrolls.
Cons of Using Debit Card for Gambling
Deposits with debit cards can be super fast and easy, but you should know that there are some disadvantages to using your card for online gambling. Before using your debit card, make sure that this payment option really suits you.
- Slow withdrawals. While debit card deposits are fast, it isn’t the same with withdrawals. Your bank will process the cash-out within 2-5 days before you can actually use your funds.
- Hacker attacks. Even though banks have exquisite security, debit cards are prone to frequent fraudulent activities. If you aren’t confident in your casino site, you might face a security issue risking your banking details.
For sure, the list of cons isn’t big, but they are very important. Neither slow withdrawals nor fraudsters are welcomed by casino players, especially if they use their major debit card, on which they get salary and store all money.
That is why we advise you to think twice before linking your debit card to your online casino account. And if you decide to do it, make sure your casino is licensed and verified by an independent third party. Don’t forget to check the security measures your casino site employs.
How to Deposit via Debit Card
Deposits made with a debit card are the easiest performed at online casinos. That’s another reason why many players use their debit cards instead of other banking options. As soon as you sign up at a chosen online casino, get your debit card prepared and follow the steps:
- Log into your casino account.
- Visit the cashier page on the menu.
- Select the deposit option.
- Find the debit card from all offered methods.
- Choose your provider: Visa, MasterCard, etc.
- Enter the amount of money.
- Submit the deposit.
- Follow the instructions of the security procedure and finish it.
How to Cash Out to Debit Card
Debit card cash-outs are also easily made at online casinos. The best thing about it is that nearly every casino will deliver your winnings to your debit card account. Follow these steps to make a withdrawal:
- Visit the cashier section and select ‘withdraw’.
- Choose the option: debit card.
- Specify the provider of the card.
- Enter the amount of money.
- Confirm the request and wait for the funds.
As a rule, players wait around 48 hours. Besides, if you are making a withdrawal for the first time, you will be asked to verify your account with your personal documents such as an ID card. That is why your first withdrawal may take even longer than 48 hours.
What Debit Cards are Accepted by Casinos
Although Visa and MasterCard debit cards are the most popular, there are other debit card options players can use for a deposit. Keep in mind that each debit card provider will have individual conditions such as transaction speed and limits, fees and etc.
The following debit card options are available at most online casinos in Canada:
- Visa
- Mastercard
- Interac
- Union Pay
You can also use prepaid debit cards at many gambling sites. For example, Vanilla MasterCard and Visa is a good alternative for debit cards. it is safer in terms of the protection of your real bank account. However, they don’t allow making big deposits.
Conclusion
As we now understand, using debit cards for deposits has more advantages than disadvantages. It is a safe and fast method that is accepted by nearly all online casinos. However, players should be concerned with the fact that debit card withdrawals take a long time and that their real bank account is at risk, regardless of the security the bank provides.
Still, it’s up to you to decide what payment method you use for casino deposits. All in all, we suggest that you have a separate debit card for online gambling purposes. This solution will help you protect your main bank account, to which you receive salary and other transactions.
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