InstaDebit Online Casinos Review
InstaDebit is an experienced and trusted online payment processor for Canadian customers, and is one of the preferred payment methods for Canadian online gamblers. The difference between InstaDebit and e-Wallets is that you are unable to transfer funds from your bank account directly into your InstaDebit account, what InstaDebit does is facilitate transfers from your account to third parties, and vice versa, so all you need is a bank account at any financial institution. Most Canadian-friendly casinos offer InstaDebit as a payment option to accommodate Canadian customers, and it is popular due to the fact that there are no fees involved in depositing or withdrawing money as opposed to e-wallets which charge a small fee for uploading funds. Only those with a Canadian bank account may use InstaDebit online casinos.
As we understand it can be a hassle for players to be searching online for casinos which offer great games, bonuses and promotions, as well as accept InstaDebit as a payment option we have done the work you. Our experts here at CasinoTop10 have put together a list of all the best InstaDebit casinos for our Canadian players who wish to use their preferred safe payment method for their online casino accounts. Have a browse through the top casinos we have reviewed for you where you can use InstaDebit and find your favourite games, best promotions, or no deposit bonuses at reputable and trustworthy online casinos.
InstaDebit is a free service that customers with a Canadian bank account may use for online payments from their bank account to their online casino account, and is available in approximately 30 countries.
Open an Account
In order to use InstaDebit you need to first open an account. The registration is free, and you will have to provide your bank account information, some personal details such as your name and address, the last 4 digits of your Social Insurance Number (SIN) and a valid e-mail address. InstaDebit will never ask you to provide your full SIN number. As long as these details clear and you are at least 18 years of age, your account will be active as soon as the e-mail and bank account are verified. There are absolutely no sign-up fees whatsoever and unless you want to start using your account immediately, you won’t have to provide your financial details until you want to use it. After creating an InstaDebit account you will see a small deposit on your bank statement which is used to verify your account. Once you see the amount you will have to enter what this amount is and click Verify Account.
Deposits and Withdrawals
There is a misconception that InstaDebit functions as an e-Wallet, and this is not the case. InstaDebit does not allow you to deposit funds directly into your InstaDebit account, they are given permission to move the funds from your account into another, and vice versa. You can fund the account through all major methods such as credit and debit cards, and InstaDebit will move the funds to and from your bank account for you.
All you need to do is select InstaDebit from the payment methods offered by the online casino you’re playing at, sign in to your InstaDebit account on the pop-up window, confirm the payment details, and then InstaDebit will transfer the money from your bank account to the online casino. You should receive an email confirmation of the transaction and you will soon see the deposit in your online casino account. Even if you don’t have an InstaDebit account when you first want to make a transaction, you are able to create your account during the transaction process as it starts working immediately.
In order to receive your winnings from the online casino you can also use your InstaDebit account, just check with the online casino first whether or not both deposits and withdrawals can be made into your account which you can then withdraw into your bank account, or use to play more games online.
Transfer Times When You Use InstaDebit
InstaDebit transfers occur instantly, which means you are able to play at your online casino of choice immediately. Similarly, you are able to withdraw to your InstaDebit account quickly as well.
Customer Support for InstaDebit Users
If you ever have any problems with your InstaDebit account and subsequent transactions there are many options available for the customer to choose from. You may email their customer support team, chat to a customer service representative online, or for those who prefer to speak to a person you can call them on the phone on their excellent 24/7 hotline. You can find the contact details on their website.
Security at InstaDebit Online Casinos
You won’t have to concern yourself with protecting the privacy of your account as InstaDebit protects your personal information. When you make a deposit into your InstaDebit online casino account, then the online casino won’t be able to see your card or bank details, which makes your transaction as private as it can get. InstaDebit understands the need for transaction privacy and as a result this payment method is both discrete and safe.
InstaDebit Service Fees
The online casino you play at will not give you an added service fee for using InstaDebit, however the service provider does have some small transaction fees attached to it. Setting up an account is free of charge, making a deposit to the online casino you wish to play at from your bank account will cost you $1.95 CAD, and there are no charges to make deposits directly from your InstaDebit account. If you wish to withdraw from an InstaDebit online casino, then there are no charges for your winnings to be transferred to your InstaDebit account. However you will be charged $2.00 CAD to then transfer your withdrawal from your InstaDebit account to your bank account. Ask your financial institution whether they charge any additional fee for the use of InstaDebit.
Using InstaDebit is both fast and secure, and although not all casinos will have this payment option, all the best online casinos will, so all you have to do is pick the best casino games to play. There is an added level of protection between you and your bank, and in the unlikely case that something does go array, their policy is to reimburse you. Furthermore, your transaction remains anonymous as InstaDebit is a strictly private and secure payment option, so your details will not be available to the online casinos.
In order to use InstaDebit you must have a Canadian bank account, and you can only use it in Canada which limits this payment option significantly. Even American citizens are unable to use this method if they don’t have an account in Canada and aren’t in Canada. But if you fulfill these requirements it is one of the best payment options available. You will have to register for an account, and spend some time putting in all the details they ask for, approximately 10 minutes. Even if you are Canadian with a Canadian bank account, it’s not always possible to use InstaDebit from all countries. Additionally, some payment methods may not be considered acceptable fund sources by InstaDebit.