Instadebit transactions lets you make safe and secure deposits and withdrawals at your favourite online casinos. Luckily, Canada has many Instadebit casinos because the gaming halls know it’s a preferred method in the True North. Here at Online Casinos Canada, we’ve reviewed some of the top options available to Canadian players.
If you want more specifics on the best casinos accepting Instadebit, or would like to start playing and receive the Instadebit bonus that some casinos offer, consult our list of the best Instadebit casinos below:
Pay & Play With Instadebit at These Casinos
Advantages of Using Instadebit
One of the most popular e-wallet services, Instadebit is the digital equivalent of a traditional debit card, meaning that it executes transactions between a user’s bank account and the online casino directly. Following are Instadebit’s main advantages:
Secure Transactions: Security and ease-of-use are the two most important factors to weigh when choosing a banking method. With an Instadebit casino, Canada gamblers can rest assured that their transactions process efficiently. As one of Canada’s most popular banking methods, Instadebit provides reliable deposits and withdrawals at online casinos. The service is free and secure — Instadebit doesn’t share any account information with the casinos, minimizing the risk of hackers or other parties gaining access to a player’s info.
Casino Oriented: Instadebit specializes in providing a banking option for gamblers at online casinos, meaning the brand offers one of the most streamlined processes when it comes to withdrawals and deposits at Canadian online casinos. The e-wallet has a history of successful partnerships with just about every major casino available in Canada.
Setting up your Instadebit Account
One of the great things about Instadebit is just how easy it is to set up your account. Here we’re going to talk you through it step by step. It’s worth remembering that if you run into any issues when you’re doing it then there’s online chat support with friendly staff who will be able to answer questions and give advice.
Step 1: Go to the Instadebit website, available at Instadebit.com and click on the Sign Up button. This will take you to a screen where you will be able to start the process.
Step 2: You’ll have two options now, to log in or sign up. You can’t log in because you’re not registered yet, so click the Sign Up button and, once you’ve also ticked the box to prove you’re not a robot, you’ll be taken to the next stage.
Step 3: Enter your personal details. Instadebit will need to know your name and address as well as your date of birth. These are essential pieces of information as they are both how you will be identified and as a security measure. They will also need to know the last four digits of your Social Insurance Number. This is an additional security measure and makes sure this combination of information will be totally unique to you.
Step 4: Set your password. This is a very important step because it will protect your Instadebit account from other people being able to access it. The secret is to make it complicated enough that others can’t guess it but easy for you to remember. Never fall into the mistake of just making it something like “password” or other including part of your name in it. Choose something that’s memorable just to you and remember to include special characters like @ or $ as well as some numbers.
Step 5: Provide Instadebit your bank details. They will need to know three key parts of information. First up, your bank transit number that is five digits long. Then you’ll have to also input the financial institution number, which is a three digit number. Finally, give your personal account number which can be up to 12 digits long. There are a number of places you’ll find this information, for example on a bank statement or on one of your personal checks. Alternatively, you can ask your bank who will be able to tell you.
Step 6: Instadebit will send a small deposit to your account – no more than a couple of dollars. This is to check that they have the right bank details for you. Then you just need to let them know that it’s been received and confirm its amount. When Instadebit receive this information, they’ll set you an account limit and you’ll be ready to go.
Making Bankroll Deposits with Instadebit
Depositing with Instadebit is one of the most hassle-free banking options available to Canadian players. Players don’t even need to have an account before making Instadebit casino deposits.
For instance, at Spin Palace, players can register with Instadebit and complete their transaction in the same step. This allows you to avoid waiting periods that might slow the deposit process using other methods. When you use Instadebit, merchants never gain access to your private financial or account information, adding an extra layer of security. Players also avoid fees that might come from other transaction types, like transferring directly to and from a bank account.
The great thing is that, just like the name says, the deposit is instant – in fact it’s an Instadebit so no waiting for funds to clear. You can get on and start playing on your choice of Instadebit casino straight away.
Let’s take Spin Palace as a casino because this is one of the most popular casinos to welcome Instadebit as one of its preferred payment methods.
Players can make deposits at Spin Palace in four easy steps:
- Select “Deposit’ from the casino bank
- Choose Instadebit as your deposit method
- If you already have an Instadebit login, enter that info. If not, complete the sign-up process as we described above
- Approve the deposit.
Plus there’s another very good reason to choose it. At Spin Palace, Canadian players receive an automatic bonus of 10% to 20% for each Instadebit deposit. The casino does institute a $20 minimum for each deposit.
Making Bankroll Withdrawals with Instadebit
Most Canadian casinos which accept Instadebit will allow you to perform withdrawals using the same payment method. The procedure for Instadebit casino withdrawals is not unlike that of other payment processors. For example:
Platinum play players need to do the following to withdraw their winnings:
- From the Bank page, select “Withdrawal”
- Select “Instadebit” as your preferred method
- Withdrawal requests require a 24-hour processing window
Once that 24-hour window has passed, there is an eight-day waiting period for Instadebit withdrawals. When the transaction does process, the funds will be placed directly in the bank account you’ve registered with Instadebit. You’ll find these deposits clearly marked so you’ll know exactly where they’ve come from, even if you have been waiting for a few days for them to arrive.
Tips for Instadebit and Instadebit casinos
One of the biggest benefits of using Instadebit is that it’s extra secure for you in some very important ways. For example because the casinos will only ever have information about your Instadebit account it will keep your bank account details completely secret from them. So you can have the peace of mind that this information is 100% secure.
You’ll also find that Instadebit is an incredibly secure way to handle transactions because the brand operates some of the most effective fraud prevention techniques there are.
But remember that you need to do your bit too by always keeping your account information and password safe.
That’s because even though they do take every step to verify that you are who you say you are if someone else did get access to these details then there is a possibility that they could get into your account.
As far as Instadebit casinos go, it really is worth looking out for these as, like we’ve already mentioned, many do offer special bonuses for transactions made using the payment method so you’ll be getting even more for your money than if you just used your bank account directly or any of the other payment methods available.
Instadebit vs Other Casino Payment Methods
There are two great reasons why Instadebit’s a great choice of payment method. First, it’s specifically for Canadian casino fans and, second, it’s a specifically casino-friendly system.
Sure, there are lots of other methods of making deposits and withdrawals and some might even be better for you. So let’s take a look at a few of the alternatives and how they compare.
Direct from your bank account using a debit card
This might seem like quite a good choice. After all, why add another stage into the process? But the main benefit of Instadebit here is that it protects your personal bank information from the casino as well as any hackers who might want to get their hands on that information. Plus, because Instadebit applies an account limit, it can help you budget more efficiently.
Lots of us use credit cards because they’re a convenient way to pay for all sorts of things online. But there are two drawbacks to them that you won’t get with Instadebit. The first is that you have to remember to make a payment to your card provider every month, while with Instadebit payments are automatic. Plus, if you don’t clear your credit card balance monthly you’re going to be charged interest and that can soon mount up. So Instadebit certainly wins out here.
Paypal is certainly one of the most popular ways to pay online and is pretty similar to Instadebit in the way it works – plus literally millions of retailers and private sellers rely on it as a payment method. But unlike Instadebit, it’s an international system. So if you want to stick to an all-Canadian solution, again your best bet is Instadebit.
Bitcoins and other cryptocurrencies
This relatively new kind of payment method is certainly getting more and more popular with an increasing number of casinos starting to welcome it. On the plus side it’s very secure and you remain anonymous when using any cryptocurrency. But on the minus side the value of them can rise and fall. Great if you take your winnings and they start to increase in value. Not so great if the opposite happens.
New Instadebit Casinos:
More and more Canadian gambling sites have jumped on board the Instadebit train and have begun accepting this reliable banking method preferred by gamblers in Canada. Because of its security and simplicity, Instadebit has become a very popular payment method among Canadian gamblers. You know when you use Instadebit, you can expect completely safe and fast transactions. When you take a Canadian gambling site and add the ease of Instadebit banking then you got yourself a winning combination. Below we highlighted the top new Instadebit casinos in Canada:
Super Lenny– If quirky’s your thing then you’re going to love Super Lenny – an online casino that really does dare to be different. With hundreds of games, a cash and free spins welcome bonus and a unique style all of its own the fact that it welcomes Instadebit too is just the icing on the cake.
Lucky 247 – Lucky by name, lucky by nature, this first rate casino not only welcomes Instadebit but it also offers a winning collection of bonus offers too. For example they’ll start you off with a total of $500 plus 50 free spins and then go on with more loyalty offers to keep you playing.
Jackpot City – First established in 1998, Jackpot City’s one of the more recent recruits to Instadebit and it’s just one more reason to make it a great online destination. There’s a huge $1,600 welcome bonus package and a huge choice of Microgaming games to spend it on. Plus, this Instadebit casino is famous for its four pillars of fair gameplay, prompt payouts, player service and responsible casino conduct. Deposits and withdrawals are super easy with Instadebit at Jackpot City.
Spin Palace Casino – Spin Palace came to the Canadian gambling scene quite recently, offering their enormous gaming suite… and we’re sure glad they did. Spin Palace has hundreds of casino games like slots, table games, and live dealer. Best of all, this Instadebit casino accepts the e-check payment for both deposits and withdrawals.
Guts Casino – Guts Casino stands out as a great Instadebit casino. Canadian players will love the site’s red and white casino interface. Guts online casino has a huge variety of games from seven different software providers. You can conveniently handle online banking with Instadebit for fast, reliable payouts.
Royal Vegas – There’s gaming that’s fit for a king or queen at Royal Vegas. That’s why it won major awards for both “Best Casino” and “Best Online Casino” in 2016. With a big bonus of $1,200 and 140 free spins to welcome you, how can you resist? Plus there are all the latest Microgaming slots to play including Mega Moolah with its potentially massive progressive jackpot.
Betway – Want a huge choice of Microgaming games to enjoy? Check! Like to indulge in a little sports betting too? Check! Need all the convenience of Instadebit deposits and withdrawals? Check and double check! Betway really does have it all for the player who believes variety is the spice of life.
Platinum Play – If you’re looking for a premium casino experience then Platinum Play could be the one. Not only is it one of the leading Instadebit casinos in Canada, there are also no less than 5 welcome cash bonuses to grab totalling up to $1000. Plus, on you third bonus, there are also 50 free spins to enjoy.
Here at Online Casinos Canada, we frequently post the latest information on the newest and best Instadebit casinos. Make sure to check back in with us for the latest updates and bonus offers about all Instadebit Casinos in Canada.
FAQs About Instadebit
Who can use Instadebit?
All Canadian residents with an account at a Canadian bank can use Instadebit. You must be at least 18 years old and will need to tell them your date of birth and the last 4 digits of your Social Insurance Number (SIN) to confirm your identity and protect your payments.
Do I need an Instadebit account?
Yes you do, but this is easy to set up as soon as you need to start using it.
How do I get an account?
You can sign up as part of your first transaction, or you can register first by visiting the Instadebit website.
Why do they need my date of birth?
This is used to confirm your identity, as well as prevent to make sure you’re over the age of 18.
What bank account information do I need to provide?
Your 5-digit bank transit number, your 3-digit financial institution number and your account number. You’ll find these on your personal cheques, or you can request this information from your bank..
How do I increase my spending limit?
You are given a temporary transaction limit when you create an account, and once you verify your bank account, this will be increased.
Where can I see my Instadebit transactions?
You can view your transaction history by logging on to the Instadebit website once you’ve started using your account.
How much does using Instadebit cost?
Creating an account is free and there’s a $1.95 CAD charge to make a payment from your bank account. There is no charge to make payments from your Instadebit Balance Account.
There is a $2.00 CAD charge to withdraw funds from your Balance Account to your bank account.
Can I register two different bank accounts?
No. You are only permitted to register one bank account with Instadebit.
How will payments I make appear on my bank statement?
All payments will appear as either Instadebit.com or 1-877-88DEBIT.
When will the funds leave my bank account?
Within two days of the transaction being made.
What currencies does Instadebit support?
Instadebit supports both U.S. and Canadian dollars so you will have the choice of using both – although using US dollars means that you will be subject to the exchange rate applicable at the time.
Can I make payments in US dollars?
You can make payments in both US and Canadian dollars. If you choose US dollars the converted amount is shown on the transaction receipt page when you complete your transaction. It will also show up on your transaction history.
Why should I verify my bank account?
You only have a low temporary spending limit till you verify your bank account. You can make payments up to that limit as soon as you create an account. When you verify your bank account, the spending limit will increase.
How do I verify my bank account?
When you create a new account, a small deposit is made in your bank account. This amount, which will only be for a couple of dollars, will appear on your bank statement after your account is created. When you know the amount that was deposited, go to the Instadebit website and click on the “Verify Bank Account” link.
Why do they make this deposit?
They need to do this to confirm that the bank details they hold for you are correct because even getting one digit wrong in the account number could mean the money is sent to the wrong person’s account by mistake. It’s also to give you peace of mind that everything’s been set up correctly.
How do I know the amount deposited into my bank account?
Check your bank statement, your online banking statement, or call your bank for confirmation.