Here is a list of all recommended online casinos that accept InstaDebit as a payment method. Please note that while a casino may accept a deposit in InstaDebit, it doesn't mean that you will be able to withdraw using that same banking method.
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Instadebit is a payment service that allows users to transfer funds directly from their bank accounts. Yet, contrary to popular belief, it isn't an e-wallet. There's no pre-funding here, as Instadebit acts as a bridge between your bank and the casino you pick.
As such, it provides an extra layer of protection on top of already highly secure bank transfers. Furthermore, users don't have to share their banking information directly with Instadebit-friendly betting websites.
This enhanced security makes Instadebit a popular choice, alongside speed and ease of use. However, it is only available at Canadian online casinos, although players can use both CAD and USD.
If you're in Canada and need a swift, secure, and simple way to fund your online casino account, Instadebit is a great choice. Here are just a few reasons why it's a popular option among Canadian gamblers:
Gambling veterans will find Instadebit deposits to be a straightforward process. But for newer players, we've also prepared an exhaustive guide:
If the casino supports Instadebit withdrawals, and most platforms with Instadebit deposits do, cashing out will be just as simple:
One of the primary reasons Canadians love Instadebit is its low fees, which typically only apply to withdrawals. In most cases, you'll be charged C$2 every time you cash out, while depositing funds into your account won't incur any fees at all.
In terms of limits, many Canadian online casinos that support Instadebit cater to players with a wide range of budgets. Minimum deposits typically range from C$10 to C$20, and some platforms even start as low as C$5. On the other hand, maximum limits are generally not stated.
As for withdrawals, they usually start from C$25 and go all the way up to C$15,000. However, you should also keep in mind that Instadebit isn't an e-wallet. Thus, there's a limit to how long you can keep the funds in your Instadebit account once you withdraw them from the casino.
Suppose you're having a hard time deciding whether Instadebit is the way to go. In that case, taking a look at our breakdown of its pros and cons can help you make up your mind:
Pros:
Cons:
Ultimately, Instadebit is an excellent choice for quickly and easily funding your online casino account. That is, if you're Canadian. The highly secure payment method is available at a hundred or so Canadian online casinos, making it less than ideal for players outside the country.
Alternative banking options, such as actual e-wallets like PayPal, Skrill, and Neteller, all trump Instadebit in terms of availability. They're used across the globe and provide similar deposit and withdrawal speeds, making them the better option in most cases.
The comparison against cryptocurrencies tells a similar story. Bitcoin, Litecoin, Ethereum, Ripple, and Tron are all available at thousands of online casinos, whereas Instadebit is only supported by Canadian platforms.