18 Jun

Depositor’s Directory for Debit Card Casino Payments

A close-up look at the how-and-why behind today’s preferential prevalence for online casinos that accept debit cards, and what debit/prepaid cards are available to Canadian iGamers in 2019.

Online Casinos That Accept Debit Cards

The online gambling industry has exploded over the last twenty years, akin to the implosion of a black hole, spewing forth myriad fragments of all shapes and sizes. Some iGaming brands we recognize as major operators. Others seem to appear out of nowhere, and often disappear just as quickly. Some are highly reputable; others questionable at best.

The one thing they all have in common, no matter how long they’ve been in business, is their acceptance of debit card deposits. This method of payment has long been the most preferred accounting option for Canadian gaming enthusiasts. It’s no coincidence, either.

Prevalence of Online Casinos that Accept Debit Cards

Since the dawn of iGaming, credit and debit cards have been the only payment methods no operator neglects to welcome (aside from 100% crypto-currency gaming sites, but that’s a whole other can of worms!) No matter which (if any) alternative payment methods might be on offer – bank transfers, eWallets, phone billing clients, mobile pay platforms, etc. – credit and debit cards always appear at the very top of the list.

“Then why aren’t we talking about credit card deposits?”, you ask. There’s one very simple reason educated gamblers prefer debit cards to credit cards. They promote much greater responsibility among gamblers. Responsibility is, in fact, the number-one quality among a short list of important advantages in choosing this method of payment.

Casino Brands Accepting Popular Canadian Debit Cards as of middle of 2019

  • Royal Vegas
  • Platinum Play
  • Jackpot City

Responsibility

A debit card is like a prepaid account, drawing only from the money you already have. Credit cards lend money that you’ll have to pay back, and as any smart gambler knows, wagering with borrowed finances is never, ever a good idea! That’s not to say that credit cards aren’t a popular method of depositing among some players, but smart, responsible gamblers know better. Be a smart gambler – choose debit!

Availability

If you have a bank account with any financial institution in Canada, you should have a debit card. If you don’t, ask your branch for one and they’ll provide it at no charge. You may have to wait a week or two for it to arrive in the mail, so don’t wait till the last minute.

Retractability

So long as you use your debit card to deposit at a casino brand, you should be allowed to withdraw your winnings with it as well. That money goes right back into the checking account from which the deposit came. It is one of the quicker methods, too, taking 3-5 business days at most to complete a debit card withdraw. And that includes the 48 hour “process pending” time enforced by 99% of the world’s casino operators.

Complimentary

Debit cards are among a rare breed of 100% free gaming deposit and withdraw methods. Their issuance is a complimentary service provided by financial institutions, giving members greater freedom in accessing and spending their funds. There is no fee associated with using a debit card to make a purchase or deposit. Likewise, there is no fee charged for receiving a payment or withdraw back to your debit card.

Debit Cards Still Among Fastest Growing Payment Methods in Canada

According to market research by Payments Canada, the impact of digitization has been significant in cultivating higher rates of debit card use for eCommerce and in-app purchases in Canada. For personal use, only credit cards have a higher rate of usage than debit cards; a statistic attributed largely to the affluence of rewards programs. Credit cards are often used for larger transactions, while debit cards are used more for day-to-day needs.

Research indicates 10% of Canada’s eCommerce trade is paid for via debit – either debit card or Interac debit. Two-thirds of those transactions occur with Visa or MasterCard issued debit payment products. In 2018, 3.7 billion debit card transactions were initialized in Canada (only cash purchases were made in higher volume), facilitating $168.58 billion dollars worth of transactions.

Importance of Domestic Banking for iGamers

The Canada Bank Act categorizes the country’s financial institutions into three classifications:

  • Schedule I Banks – Domestic Banks
  • Schedule II Banks – Subsidiaries of Foreign Banks
  • Schedule III Banks – Branches of Foreign Banks

For Canadian online gamblers, being a member of a Schedule I bank is important, because it means your payments aren’t being scrutinized by a financial institution that may prohibit such payments due to the activity being illegal in the bank’s home country.

Since online gambling with international casino websites is not illegal in Canada, most domestic banks won’t hinder such deposits or withdraws. A bank with head offices in the United States, on the other hand, may reject all internet gambling deposits to avoid any possible retribution from the US Department of Justice.

It is for this reason that the following section focuses primarily on domestic, Schedule I banks of Canada. The following list is extensive. If you prefer a condensed view, we also list a summary of the 5 biggest Canadian bank’s acceptance of gambling.

Canadian Debit Cards and Issuing Banks

Canada Banks Debit Card Casino Deposits

There are, at present, 32 domestic banks, credit unions and trust companies spanning the breadth of Canada. Branch wise, those numbers soar into the tens of thousands! But it’s the parent company of each branch that is responsible for issuing the debit cards we use in everyday life.

The following is an alphabetical list of Canada’s Schedule I banks, followed by critical information relevant to the iGaming masses, including the viability of using each bank’s debit card for depositing at gaming sites.

Alterna Bank – Alterna Debit Card

Year Established 1992
Head Office Ottawa, ON
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

Alterna Bank’s service agreement does not include any provisions for payments to/from local or intentional online gambling websites.

B2B Bank – Interac Debit

Year Established 2010
Head Office Toronto, ON
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

B2B Bank is a subsidiary of Laurentian Bank. Neither B2B or Laurentian mention online gambling payments as a permissible or impermissible transaction in their terms of service.

Bank of Montreal – BMO Debit Card

Year Established 1817
Head Office Montreal, QC
Debit Card Issuer MasterCard
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

The Bank of Montreal (BMO) agreements policy does not include any provisions or restrictions for online gambling deposits or withdraws.

Bank of Nova Scotia (Scotiabank) – ScotiaDebit

Year Established 1832
Head Office Toronto, ON
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes, Usually

I have no confirmed reports of Scotiabank declining debit card deposits to international gambling websites. However, they do pronounce their option to decline such payments. Scotiabank’s Day-to-Day Banking Companion Booklet (Sept. 2018) states:

We reserve the right to prevent use of your account without notifying you in advance if we suspect illegal, unauthorized or fraudulent use of the account, including transactions relating to illegal internet gambling.”

Bridgewater Bank – Bridgewater Debit Card

Year Established 1997
Head Office Calgary, AB
Debit Card Issuer Visa
Interac Debit / Flash Enabled? No
Online Gaming Transactions Permitted? Yes

Bridgewater Bank does not reference gambling related transfers in its terms of service. No known rejections have been reported.

Canadian Imperial Bank of Commerce – CIBC Advantage Debit Card

Year Established 1961
Head Office Toronto, ON
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

CIBC’s Personal Account Agreement requires debit card holders not to use the service “for any illegal, fraudulent or improper purposes”. We have no confirmed reports of CIBC debit card casino deposits being declined. However, this clause could be highlighted by a branch office should it decide to reject a payment.

Canadian Tire Bank – MasterCard Debit

Year Established 2003
Head Office Oakville, ON
Debit Card Issuer MasterCard
Interac Debit / Flash Enabled? No
Online Gaming Transactions Permitted? Yes

Canadian Tire Bank does not expressly prohibit local or international online gambling transactions.

Canadian Western Bank – CWB Debit Card

Year Established 1985
Head Office Edmonton, AB
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

Canadian Western Bank makes no mention of restricting payments to local or international online gambling transactions.

Continental Bank of Canada – Condition Unknown

Year Established 2013
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? N/A

This banking institution may no longer exists.

Concentra Bank – Trusts, Loans & Investments Only

Year Established 2017
Head Office Saskatoon, SK
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? N/A

Concentra Bank is a financial institution for trusts, mortgage loans and investment banking; not suitable for personal accounts.

DirectCash Bank – DC Bank Visa Direct

Year Established 2007
Head Office Calgary, AB
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

DC Bank makes no mention of restrictions for local or international online gambling transactions by personal account holders.

Equitable Bank – EQ Bank

Year Established 2013
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? No

Equitable Bank launched its EQ Bank personal accounting services in 2016 as a 100% online banking service. Their business model does not include the issuance of plastic debit cards. Therefore, debit card casino payments are not supported.

Exchange Bank of Canada – No Personal Accounts

Year Established 2016
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

EBC is not a personal banking institution, therefore cannot facilitate internet casino debit payments. They provide exchange of foreign currencies, sale of foreign bank drafts, foreign cheque clearances, and international wire transfers only.

First Nations Bank of Canada – FNBC Access Card

Year Established 1996
Head Office Saskatoon, SK
Debit Card Issuer MasterCard
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

FNBC’s service agreement mandates that the account holder may not “use the services for an illegal, fraudulent, or defamatory purpose”. Based on current interpretation of federal laws, FNBC has never been known to decline international casino deposits via the FNBC Access Card.

General Bank of Canada – No Personal Accounts

Year Established 2005
Head Office Edmonton, AB
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

Contradictory to its name, General Bank of Canada does not provide general banking services for personal deposit accounts. GBC only offers investment banking, and auto, commercial and aviation related lending services.

Haventree Bank – No Personal Accounts

Year Established 2018
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

Haventree Bank is a private banking company that provides financial lending and investment banking services. It does not cater to personal deposit accounts nor issue debit cards to its members.

Hollis Canadian Bank (HollisWelath) – No Personal Accounts

Year Established 1998
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

Formerly Dundee Bank of Canada, HollisWealth is a subsidiary of Scotiabank that performs solely in the investment banking / wealth management field. Personal deposit accounts are not supported; debit cards are not issued.

Home Bank – No Personal Accounts

Year Established 2015
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

Home Bank is a collective of Home Trust, Home Capital Group and Oaken Financial, none of which offer personal accounting services. No debit card = no debit card casino deposits.

HomEquity Bank – No Personal Accounts

Year Established 2009
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Online Gaming Transactions Permitted? No

HomEquity Bank deals only in reverse mortgages. It is not a personal account banking service, and does not provide debit cards to its members.

Laurentian Bank of Canada – LBC Client Card

Year Established 1846
Head Office Montreal, QC
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

One of Canada’s oldest banking institutions, LBC customers have long experienced quick and easy debit card deposits with internationally regulated casino operators. There is no mention of thwarting gambling related transaction in any of their public policy documentation.

Manulife Bank of Canada – Manulife Access Card

Year Established 1993
Head Office Toronto, ON
Debit Card Issuer MasterCard / Maestro
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

The Manulife member’s manual specifically prohibits any gambling related purchases with a Manulife Visa Credit Card, but makes no mention of blocking Access debit card transactions to/from gambling websites. I’ve found no evidence of member deposits being declined.

Motus Bank – Motusbank Debit Card

Year Established 2019
Head Office Toronto, ON
Debit Card Issuer Unknown
Interac Debit / Flash Enabled? Yes
Online Gaming Transactions Permitted? Yes

Motus Bank is a 100% online banking service owned by the Meridian Credit Union. Members can request a free debit card through the mail. Once it arrives, feel free to use it for local or international casino deposits, as the service terms do not bar such activities.

National Bank of Canada – National Bank My Debit Card

Year Established 1859
Head Office Montreal, QC
Debit Card Issuer MasterCard
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Yes

National Bank of Canada makes no mention of restrictions to local or international online gambling transactions in its personal account contract.

Rogers Bank – No Personal Depositing Accounts

Year Established 2013
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Internet Gaming Transactions Permitted? No

Rogers Bank, a wholly owned subsidiary of Rogers Cable, is a financial institution issuing MasterCard credit cards worth credit-worthy individuals – particularly customers of Rogers Cable. It is not a personal accounting bank, and does not issue debit cards.

Royal Bank of Canada – RBC Visa Debit

Year Established 1864
Head Office Montreal, QC
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Usually

The RBC Personal Deposit Account Client Agreement states:

We reserve the right to prevent your Account from being used for certain types of transactions as determined by us, including transactions connected to internet/online gambling, noting that non-permissible transactions exclude internet/online gambling related transactions originating from an internet/online gambling website which is offered through a lawfully established provincially run lottery corporation in Canada.”

Users can deposit freely with the iGaming operation of their home province, but international sites are iffy. Most debit card deposits are not declined, but it does happen from time to time.

Simplii Financial – Simplii Debit Card

Year Established 2017
Head Office Toronto, ON
Debit Card Issuer Unknown
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Yes

In regards to debit transactions, the account services agreement of Simplii Financial makes no mention of restrictions to local or international online gambling transactions.

Street Capital Bank of Canada – No Personal Accounts

Year Established 2017
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Internet Gaming Transactions Permitted? No

Street Capital is not a personal accounting bank and does not issue debit cards. The financial institution deals in home buying, mortgage brokerage and investment banking.

Tangerine Bank – Tangerine Debit Card

Year Established 2013
Head Office Toronto, ON
Debit Card Issuer Unknown
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Yes

There is no mention of thwarting transactions for online gambling purposes in Tangerine’s use of account agreement. However, Tangrine Bank is a subsidiary of Scotiabank, which reserves the express right to “prevent use of your account…if we suspect…illegal internet gambling”. The parent company’s rules may trickle down to Tangerine’s customers, and while most Scotiabank branches do not decline international iGaming payments, it does leave the door open for future problems.

Toronto Dominion Bank – TD Bank Visa Debit

Year Established 1955
Head Office Toronto, ON
Debit Card Issuer Visa
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Yes

One of Canada’s “Big Five” banks, TD Bank serves more than 11 million customers in Canada (22 million worldwide). Aside from its credit card contracts, TD does not restrict its customers from using their chequing account or debit card to transfer money to/from local or international online gambling operations.

Vancity Community Investment Bank – Commercial Only

Year Established 2017
Head Office Toronto, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Internet Gaming Transactions Permitted? N/A

Formerly Citizens Bank of Canada, the bank was revamped in 2017 and became Vancity Community Investment Bank. It now serves businesses and investors via commercial banking only, not personal account holders.

VersaBank – No Personal Accounts

Year Established 1980
Head Office London, ON
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Internet Gaming Transactions Permitted? No

VersaBank is not a traditional banking institution. It does not offer personal banking accounts or issue debit cards to its members. VersaBank deals primarily in Fintech lending and investing.

Wealth One Bank of Canada – WealthOne Smart Card

Year Established 2015
Head Office Toronto, ON
Debit Card Issuer Unknown
Interac Debit / Flash Enabled? Yes
Internet Gaming Transactions Permitted? Yes

WealthOne’s service agreement does not include any provisions for payments to/from local or intentional online gambling websites.

Zag Bank – CLOSED

Year Established 2002-June 2019
Head Office High River, AB
Debit Card Issuer N/A
Interac Debit / Flash Enabled? N/A
Internet Gaming Transactions Permitted? No

Zag Bank, subsidiary of Desjardin Bank, closed operations effective June 2019.

Canadian Banks with Sub-Branded Prepaid Gift Cards

Canada Banks Prepaid Card Casino Deposits

Prepaid cards can be a great alternative to debit cards. Most Canadian banks offer prepaid cards to their members, giving them the freedom to make purchases online without sharing the static details of a permanent card number. Once the balance on the gift card is used up, you can reload it or throw it away, saving you from the ever-present possibility of having your financial accounts stolen.

Unfortunately, some of Canada’s banks issue similar terms and conditions to prepaid cards as they do credit cards, meaning they cannot always be used for gambling purpose. The following list of Canada’s domestic banks details the issuance of prepaid cards and their acceptance rate with local and international casino sites.

Alterna Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Alterna Bank does not offer prepaid card services at this time.

B2B Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

B2B Bank does not offer prepaid card services at this time.

Bank of Montreal – BMO Prepaid MasterCard

Online Gambling Deposits Permitted? Yes
Prepaid Min-Max Limits CA $100 – $10,000

The BMO Travel Prepaid MasterCard is part prepaid card, part secured credit card. Users load any amount from $100 to $10,000 onto the card, then use it securely just as they would a credit card, minus the interest rate. The card is accepted anywhere you see the MasterCard logo, and the cardholder agreement does not prohibit the use of the prepaid card for international use or gambling related purchases.

Bank of Nova Scotia – ScotiaBank Prepaid Visa

Online Gambling Deposits Permitted? Yes, Limited
Prepaid Min-Max Limits CA $1 – $2,400 ($1,000/day)

ScotiaBank will discontinue all Prepaid Visa and SCENE Prepaid Visa card services as of September 30, 2019. You may no longer apply for a prepaid card from Scotiabank. If you already have one, it will be deactivated as of Sept. 30, 2019.

According to the cardholder agreement, ScotiaBank’s prepaid cards may only be used to fund online gambling accounts “at gaming sites owned and operated by Provincial/Territorial Governments/agencies” of Canada. International iGaming deposits will be declined.

Bridgewater Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Bridgewater Bank does not offer prepaid card services at this time.

Canadian Imperial Bank of Commerce – CIBC Prepaid Visa

Online Gambling Deposits Permitted? Yes
Prepaid Min-Max Limits CA $20 – $10,000 ($3,000/day)

Users are free to make purchases with their CIBC Prepaid Visa online at local or international casino websites. There are no relevant restrictions applied.

Canadian Tire Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Canadian Tire Bank does not offer prepaid card services at this time.

Canadian Western Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Canadian Western Bank does not offer prepaid card services at this time.

Continental Bank of Canada – Operation Unknown

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

CBC may be closed – business operations could not be confirmed at time of writing.

Concentra Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Concentra Bank does not offer prepaid card services at this time.

DirectCash Bank – DC Bank Prepaid Visa

Online Gambling Deposits Permitted? Yes
Prepaid Min-Max Limits CA $15 – $10,000

Members can obtain a DC Bank Prepaid Visa for use anywhere the Visa logo is displayed, including local and international online gambling operations.

Equitable Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

EQ Bank is a 100% online banking institution that does not offer prepaid card services at this time.

Exchange Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

EBC is a financial institution devoted to foreign exchange services only, and does not offer prepaid card services of any type.

First Nations Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

FNBC does not offer prepaid card services at this time.

General Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

General Bank of Canada deals in investment banking and lending services. Prepaid card services are not available.

Haventree Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Haventree Bank deals in mortgages and GICs only. It does not offer prepaid card services.

Hollis Canadian Bank (HollisWealth) – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

HollisWealth is a subsidiary of Scotiabank servicing investments and wealth management. It does not offer prepaid card services.

Home Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Home Bank does not offer prepaid card services at this time.

HomEquity Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

HomEquity Bank deals in equity lending, reverse mortgages and GICs. It does not offer prepaid card services.

Laurentian Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Laurentian Bank does not prepaid cards directly. However, being one of the oldest and largest banks in Canada, with more than 100 branches across Quebec, individual offices may be able to accommodate. Contact your local branch for more information.

Manulife Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Manulife Bank does not offer prepaid card services at this time.

Motus Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Motus Bank does not offer prepaid card services at this time.

National Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

The NBC FAQ page currently states, “For no, we don’t offer prepaid cards.”

Rogers Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Rogers Bank issues credit cards only, no prepaid cards.

Royal Bank of Canada – RBC Visa Prepaid eGift Card

Online Gambling Deposits Permitted? Usually
Prepaid Min-Max Limits Variable

The RBC Visa Prepaid eGift Card can be used at all online merchants that display the Visa logo. Although I’ve found no evidence of RBC prepaid card deposits being declined for internet casino deposits, the cardholder’s service agreement specifically states:

We also reserve the right to prevent your Card or your Card number from being used for certain types of transactions as determined by us, including transactions connected to Internet gambling.”

Simplii Financial – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Simplii Financial does not offer prepaid card services at this time.

Street Capital Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Street Capital is an investment banking and mortgage brokerage firm. It does not offer prepaid card services.

Tangerine Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Tangerine Bank offers a wide range of credit cards, but no prepaid card services at this time.

Toronto Dominion Bank – TD Visa Gift Card

Online Gambling Deposits Permitted? Sometimes
Prepaid Min-Max Limits $25 – $750

TD Bank has multiple prepaid gift card options to choose from, but only the TD Visa Gift Card is the only one that sometimes works for casino deposits. The TD Go Reloadable Prepaid Card is for teens, and the T&C of the TD Connect Reloadable Prepaid Card specifically states that the card cannot be used for internet gambling.

The TD Visa Gift Card isn’t perfect, either. In the service agreement for this card, TD states, “We may decline authorization for any illegal transaction or Internet gambling transaction.” Please take this into account before loading funds onto a card.

Vancity Community Investment Bank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Vancity does not offer prepaid card services at this time.

VersaBank – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

VersaBank is a fintech lending and investment bank. It does not offer prepaid card services.

Wealth One Bank of Canada – No Prepaid Cards

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Wealth One does not offer prepaid card services.

Zag Bank- CLOSED

Online Gambling Deposits Permitted? N/A
Prepaid Min-Max Limits N/A

Dsejdarin subsidiary Zag Bank is officially closed, effective June 2019.

The Right Casinos – Beyond Debit Card Acceptance

Choosing the right bank is just one of several very important steps in ensuring a safe, secure and positive experience at any online casino that accepts debit cards. As previously mentioned, every gaming operator will be perfectly willing to take your debited deposit. Registering an account with a reputable brand that meets all of your needs is the hard part.

Refer to our Complete Q&A Guide for New Players for more information, and please, remember to gamble responsibly!

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