7 Mar

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 2022.

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 are 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 CA 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 bettors. 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 in 2022
  • Royal Vegas
  • Platinum Play
  • Jackpot City
Responsibility – You’re Not Gambling with Borrowed Money

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 – Every Bank Offers Free Debit Cards

According to statistics, 99% of adult Canadians have a bank account, and 97% have a debit card. It’s not required to have one, but it is offered, free of charge, as a natural extension of your bank account. If you don’t have one, just ask your local branch, and it should arrive in the mail within a week or two. 

 Accessibility – Most Online Casinos Take Debit

Just as most Canadians have a debit card, almost every online casino supports debit card payments.

Rapidity – Debit Card Deposits are Instant

Debit card payments are instant. The moment you submit the payment, that money is credited to your online casino account. Although the casino won’t receive that bank transfer for a few days, Canada’s advanced EFT payments network delivers immediate assurance that the payment is coming. Thus, casinos are more than happy to credit players with their money upfront.

Retractability – Often Available to Casino Cashouts

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 Card Payments are Free

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.

Are There Any Disadvantages to Debit Card Payments?

Debit cards aren’t exactly the perfect way to get funds into an online casino. There are negative aspects to using this payment method.  If there weren’t, we wouldn’t see a need for so many alternative payment methods (APMs) in today’s ecommerce market. Disadvantages include a high rate of rejection notices from Canadian banks, as well as strict limitations in cashing out to debit card.

If you are unable to cash out winnings to your debit card, you will need to use an alternative payment method (APM). Please see our guide to Cheap & Easy APMs for more options.

High Rate of Rejection

Some Canadian banks have taken a procedural stance against gambling online with international websites. If a debit card payment is identified as ‘for gambling purposes’, it may be rejected. Even if you’ve previously made a successful deposit with the same bank card, a rejection notice could occur.

Withdrawal Limitations

It’s not all that common for an online casino to support debit card withdrawals. If supported, you will be limited to cashing out no more than the amount previously deposited. It’s also possible for your bank to reject a debit card withdrawal ticketed ‘for gambling purposes’, even if the same bank has previously approved a debit card casino deposit.

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.

Recent data suggests steady growth among debit card transactions in Canada. In 2015, 5.18 billion debit card transactions were initialized in Canada, facilitating $220.5 billion dollars worth of transactions. By 2020, those figures rose to 5.7 debit card transactions, totaling $251.7 billion in value.

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 Established1992
Head OfficeOttawa, ON
Debit Card IssuerVisa
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 Established2010
Head OfficeToronto, ON
Debit Card IssuerVisa
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 Established1817
Head OfficeMontreal, QC
Debit Card IssuerMasterCard
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 Established1832
Head OfficeToronto, ON
Debit Card IssuerVisa
Interac Debit / Flash Enabled?Yes
Online Gaming Transactions Permitted?Rarely

Scotiabank pronounces its option to decline debit card payments to international gambling websites in its Day-to-Day Banking Companion Booklet (Sept. 2018). When that was document was published, most payments were still going through. Since 2021, however, the rate of rejection has risen dramatically. It 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 Established1997
Head OfficeCalgary, AB
Debit Card IssuerVisa
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 Established1961
Head OfficeToronto, ON
Debit Card IssuerVisa
Interac Debit / Flash Enabled?Yes
Online Gaming Transactions Permitted?Usually

CIBC’s Personal Account Agreement requires debit card holders not to use the service “for any illegal, fraudulent or improper purposes”. Online gambling, domestically or internationally, is not illegal. However, it seems some debit card deposits get flagged, and other do not. It seems to depend more on the branch office than the presiding bank. As of 2022, your odds of successful deposit are about 50/50.

Canadian Tire Bank – MasterCard Debit

Year Established2003
Head OfficeOakville, ON
Debit Card IssuerMasterCard
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 Established1985
Head OfficeEdmonton, AB
Debit Card IssuerVisa
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 Established2013
Head OfficeToronto, ON
Debit Card IssuerN/A
Interac Debit / Flash Enabled?N/A
Online Gaming Transactions Permitted?N/A

This banking institution may no longer exist.

Concentra Bank – (now Wyth financial)

(see Wyth Financial)

DirectCash Bank – DC Bank Visa Direct

Year Established2007
Head OfficeCalgary, AB
Debit Card IssuerVisa
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 Established2013
Head OfficeToronto, ON
Debit Card IssuerN/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 Established2016
Head OfficeToronto, ON
Debit Card IssuerN/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 Established1996
Head OfficeSaskatoon, SK
Debit Card IssuerMasterCard
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 Established2005
Head OfficeEdmonton, AB
Debit Card IssuerN/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 Established2018
Head OfficeToronto, ON
Debit Card IssuerN/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 Established1998
Head OfficeToronto, ON
Debit Card IssuerN/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 Established2015
Head OfficeToronto, ON
Debit Card IssuerN/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 Established2009
Head OfficeToronto, ON
Debit Card IssuerN/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 Established1846
Head OfficeMontreal, QC
Debit Card IssuerVisa
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 Established1993
Head OfficeToronto, ON
Debit Card IssuerMasterCard / 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 Established2019
Head OfficeToronto, ON
Debit Card IssuerUnknown
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 Established1859
Head OfficeMontreal, QC
Debit Card IssuerMasterCard
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 Established2013
Head OfficeToronto, ON
Debit Card IssuerN/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 Established1864
Head OfficeMontreal, QC
Debit Card IssuerVisa
Interac Debit / Flash Enabled?Yes
Internet Gaming Transactions Permitted?Sometimes

The RBC Personal Deposit Account Disclosures & Agreements 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, except for internet/online gambling related transactions which are 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. In the last year, we’ve found more deposits declined than not. The current success rate is only about 25%.

Simplii Financial – Simplii Debit Card

Year Established2017
Head OfficeToronto, ON
Debit Card IssuerUnknown
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 Established2017
Head OfficeToronto, ON
Debit Card IssuerN/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 Established2013
Head OfficeToronto, ON
Debit Card IssuerUnknown
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 Established1955
Head OfficeToronto, ON
Debit Card IssuerVisa
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 Established2017
Head OfficeToronto, ON
Debit Card IssuerN/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 Established1980
Head OfficeLondon, ON
Debit Card IssuerN/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 Established2015
Head OfficeToronto, ON
Debit Card IssuerUnknown
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.

Wyth Financial – (Formerly Concentra Bank)

Year Established2017
Head OfficeSaskatoon, SK
Debit Card IssuerNo
Interac Debit / Flash Enabled?Yes
Online Gaming Transactions Permitted?N/A

Wyth (formerly Concentra) is a financial institution for trusts, mortgage loans and investment banking; not suitable for personal accounts.

Zag Bank – CLOSED

Year Established2002-June 2019
Head OfficeHigh River, AB
Debit Card IssuerN/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 DepositsPrepaid 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 LimitsN/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 LimitsN/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 LimitsCA $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 LimitsCA $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 LimitsN/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 LimitsCA $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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsCA $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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsVariable

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 LimitsN/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 LimitsN/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 LimitsN/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 LimitsN/A

Vancity does not offer prepaid card services at this time.

VersaBank – No Prepaid Cards

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

Wealth One does not offer prepaid card services.

Zag Bank- CLOSED

Online Gambling Deposits Permitted?N/A
Prepaid Min-Max LimitsN/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 casinos that accept 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!

Category: Debit
In Short:Yes, you can use a debit card at online casinos so long as your bank does not decline gambling transactions.
In Detail:

Debit cards are the most common payment method at online casinos, poker rooms, and sportsbooks, supported by 99.9% of the world’s iGaming market. Whether you can use a debit card, depends largely on your issuing bank, and the geolocation of the online casinos. Some Canadian banks do not allow gambling transactions with international operators. See Canadian Banks that Allow Online Gambling for more information.

Tag: Debit
Category: Debit
In Short:Log in to the casino, go to the cashier/banking section, choose to withdraw, select debit card, enter the amount, and submit the payment.
In Detail:

The short answer makes it sound very simple, and it is, assuming you’re eligible to use this method. The only requirement is that you’ve previously made at least one successful deposit with the same debit card. If so, there’s no need to enter card details, because the casino already has the info on file. If anything, you may need to enter the 3-digit CVC/CVV number from the back, just for verification.

To request a cashout to your debit card, log into the online casino and navigate to the cashier/banking section. Choose to make a withdrawal, then select debit card from the menu of payment options. You’ll need to select the card on file, then enter the amount you wish to withdraw. Submit the payment, and your money should arrive in your bank in a few days.

Tag: Debit
Categories: Banking, Debit
In Short:A debit card has more advantages than a credit card.
In Detail:

Debit cards are far better for online gambling than credit cards. It has nothing to do with ease of use or security. The biggest advantage to debit cards is accountability.

One who uses a debit card for casino deposits can only transfer money they already have. A credit card, on the other hand, allows you to gamble before paying for it. Gambling on credit is never a good idea. In fact, some of the strictest iGaming regulators won’t allow their licensed casinos to accept credit card deposits for that very reason.

So, whether your online casino accepts credit cards or not, I implore you to do the responsible thing. Use a debit card, or any other prepaid method, instead.

Tags: Banking, Debit
Category: Debit
In Short:The only disadvantages of debit card casino deposits are high rejection rank and limited availability of withdraws.
In Detail:

Debit cards are the most popular method for depositing at online casinos for good reason. However, there are two disadvantages you may come across. Most notably, they come with a high rejection rate from Canadian banks that don’t allow gambling transactions with international operators.

The only other problem you may find is that debit cards aren’t always available for withdrawals. A lot of casinos support debit card deposits, but not cashouts. If that’s the case, and you want a single payment method for both deposits and withdrawals – or if your bank doesn’t permit debit card payments for gambling transactions – there are a variety of alternative payment methods you can use instead.

Tag: Debit
Category: Debit
In Short:Visa and Mastercard are the most common, and in rare instances, Amex.
In Detail:

Today’s online casinos support most major debit card brands. Just like in the physical realm of retail, Visa is the most accepted debit card for iGaming in Canada. Mastercard comes in a very close second. American Express used to be prevalent, but today, only about 1% of the world’s iGaming market supports AmEx deposits.

Tag: Debit
Category: Debit
In Short:The CVC/CVV number is the 3-digit security code found on the back of the card.
In Detail:

Debit cards have a security code on the back known as the Card Verification Code (CVC) or Card Verification Value (CVV). you will be asked to provide this number any time you make a purchase that doesn’t require the card to be scanned (or tapped) in person. You will find this number printed on the back of the card, near its center.

Tag: Debit

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