Last updated: 09/06/23
With over ten years of experience working with gambling and writing about casinos, Kate brings a lot of knowledge to CasinoTop3.com. Kate oversees all the content written on CasinoTop3.com to ensure it contains factual information with value to you as a player.
Pros & Cons of Casino with Instadebit
Pros
- Fast deposit transactions
- Support all Canadian Banks
- Easy to use
- Highly secure
- Support 24/7
Cons
- Only available in Canada
- High Fees
- You can only attach one bank account
- Slow withdrawals
Instadebit is a safe and secure payment option designed just for Canadians. They are only available in online casinos in Canada, so if you live in the great North, Instadebit can be a good option. Anyone residing elsewhere needs to look for other options. You can get 24/7 customer service, and while it takes a few minutes to enter your personal information the first time, it’s simple and convenient to use after that.
LeeTo make a deposit, simply log in to your Instadebit account, select the amount, and the funds will be available in the casino immediately. There is no need to re-enter your bank information, making it simple to use on both mobile and computer.
Of course, there are some downsides to Instadebit. The costs alone are reason enough to look for another service, especially if you want to make smaller deposits. You will also be unable to take advantage of the benefits of a rapid withdrawal casino because your withdrawal will be transferred to your Balance account rather than immediately to your bank account.
Best Instadebit Online Casinos
Below, we have selected some of the best Canadian online casinos that accept Instadebit casino payments. They have all been carefully tested and verified to ensure all casino transactions are handled safely.
Worldwide Players Accepted 
Licenced & Verified 
Affiliate DisclosureThe links on this website are affiliate links, and at no additional cost to you, we earn a commission if you decide to deposit by clicking through the link. We at CasinoTop3 take great pride in promoting trusted brands based on our genuine evaluation, and this does not affect our reviews or articles in any way. We will always be objective and unbiased in our content creation.
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Instadebit Casinos in Canada
Most Canadians are familiar with the Instadebit payment option, regardless of whether they have played at casino sites or not. Instadebit is a force to be reckoned with, supporting every bank and financial institution in Canada and being available in thousands of retailers and online Canadian casinos.
Instadebit is only available to Canadian residents, so if you live abroad and play at the best international casino websites, you need to look for alternative payment methods.
In comparison to e-wallets such as MuchBetter, you cannot make transactions directly to and from your Instadebit account. It instead pays the money directly from your bank account when you log in on a merchant site. The process is similar to other open banking solutions, such as Trustly or Interac.
Top online security is required for any online casino payment method. Of course, Instadebit takes this seriously, as evidenced by the following rigorous security measures.
NaomiHow to Register for an Instadebit Account
To use Instadebit in an online casino (or anywhere else), you must first create an account on their website and submit your bank details. It’s important to note that you can only link one bank account, so if you have multiple, you need to select the one you intend to use for gambling purposes.
The verification procedure will begin immediately after your account is created:
- Instadebit deposits a small sum (less than $2) into your bank account.
- Check your bank statement after 3-5 business days.
- Sign in to your Instadebit account and click the “Verify Account” button.
- Enter the deposit amount.
- You can still make payments before your account is validated, but only up to a certain amount.
Even though this is a somewhat time-consuming process that is not completed in a hurry, it can be well worth the trouble. Not only does this enhance security, but once you have completed the process, you can deposit funds in many online casinos with ease.
Important Information About Instadebit
Unfortunately, there is a lot of misinformation on the internet, so we will clear some things out in our guide. Instadebit is not an e-wallet. This means that players cannot directly transfer money from their bank account to their Instadebit account.
Instadebit enables players to make deposits to online casinos using funds from their bank account. You simply need to select the Instadebit option on a casino payment page, log in to your Instadebit account, and approve the transaction. If you do not have an Instadebit account yet, later on in this guide, we will explain how to easily set up an account.
Instadebit Deposit & Withdrawal
Instadebit allows both deposits and withdrawals, making it a convenient payment method in real money Canadian casinos. Deposits are handled quickly, while withdrawals typically take 3-5 business days to reach your bank account.
It’s also worth mentioning that withdrawal does not automatically transfer funds to your bank account but rather to an Instadebit Balance Account. This is the location of all funds credited by a merchant. The funds in your Balance Account can then be used to make future payments or withdrawn directly to your bank account.
Making deposits and withdrawals at an Instadebit casino is a convenient and secure process for many Canadian players who prefer online payments. Here’s how you can make your transactions effortlessly.
Making a Casino Deposit with Instadebit
- Prepare for the transaction: Ensure you have set up an Instadebit account and it’s linked to your bank account. This will allow for seamless transferring money to the online casino of your choice.
- Log into the casino: Enter your account at the online Instadebit casino. It’s crucial to choose a casino that supports Instadebit for deposits and withdrawals, given its popularity among Canadian players.
- Navigate to the banking section: Within your casino account, locate and click on the ‘Banking’ or ‘Deposit’ section, whichever applies.
- Select Instadebit: Among the options available for depositing funds, select Instadebit as your preferred method. This is important for keeping all transactions under the same currency, thus preventing currency conversion charges.
- Enter the deposit amount: Decide how much money you want to deposit and enter this amount into the required field.
- Authorize the payment: Upon confirming the amount, you’ll be redirected to the Instadebit site to log in and authorize the transaction. A small transaction fee may apply, depending on the policies of the casino or Instadebit.
- Await confirmation: The funds arrive almost instantly in most cases. You should see the amount reflected in your casino balance after a successful transaction.
Making a Withdrawal with Instadebit
- Visit the withdrawal page: Log into your Instadebit casino account and navigate to the ‘Withdrawal’ or ‘Cash out’ section.
- Choose Instadebit: From the listed options, select Instadebit as your preferred withdrawal method. It’s great for making multiple withdrawals without significant charges.
- Specify the amount: Enter the amount you want to withdraw from your casino balance. Always ensure that this amount is within the limits set by the casino for withdrawals.
- Confirm the withdrawal: After verifying the details, click on the button to initiate the withdrawal. Remember that a small transaction fee may apply, depending on the casino’s and Instadebit’s terms.
- Wait for processing: Unlike depositing funds, withdrawals may take a bit longer due to necessary checks and verifications. However, once approved, the funds should arrive in your account.
These comprehensive steps make it easy for any player to engage in seamless and secure transactions in an online casino using Instadebit. Enjoy the thrill of online gaming with the added convenience of Instadebit.
Instadebit Fees
For most gamers, the major disadvantage of Instadebit is the cost. All transactions have fees involved, so it can soon add up if you make multiple small deposits, but it might be worth it if you prefer larger deposits. It’s not the best permanent solution for playing online casinos, but if you want to try a brand new casino Canada, you can make a quick deposit using Instadebit.
Unfortunately, all Instadebit transactions have fees, which are listed below.
- Registration: Free
- Bank account to Casino: C$1.95
- Casino to Instadebit Balance account: Free
- Balance account to bank: C$2.00
Why Choose an Instadebit Casino?
Choosing an Instadebit Casino unveils numerous benefits that enhance your overall online gambling experience. First off, Instadebit is user-friendly, boasting an intuitive interface that makes depositing and withdrawing funds a breeze, even for novice Canadian online gamblers. This ease of use extends to both desktop and mobile platforms, enabling you to carry out transactions on the go.
Secondly, Instadebit is widely accepted, with numerous online casinos across Canada and beyond recognizing it as a valid payment method. This broad acceptance makes it a convenient option for players looking for a flexible and universally-accepted payment method.
Finally, when it comes to fees, Instadebit maintains a fair structure. Although a small transaction fee may apply, it remains competitive compared to other online payment methods. Furthermore, the advantage of transacting in CAD is that it eliminates the often expensive foreign exchange fees.
Instadebit Bonus
Generally, using Instadebit as a payment method does not affect your eligibility for casino bonuses. Most online casino sites treat Instadebit deposits just like any other payment method, allowing players to claim welcome bonuses, deposit matches, and other promotions.
However, it’s always prudent to read the specific terms and conditions of each bonus offer, as there may be exceptions or wagering requirements that could affect the bonus availability. The best Instadebit casinos will offer fair bonuses that might result in an overall profit for you.
Security at Instadebit Casinos
When it comes to security, Instadebit is top-tier. The platform employs advanced encryption technology to protect your financial and personal information. When you transact with an Instadebit casino, the casino never gets access to your banking details, enhancing your safety and privacy.
Moreover, Instadebit is certified by major security institutions and adheres to high privacy standards. As a result, Instadebit is a secure payment method for online gambling. It’s also registered with the Office of the Privacy Commissioner of Canada and monitored under Canadian privacy laws, which are among the strictest globally.
In conclusion, choosing an Instadebit casino means choosing convenience, cost-effectiveness, and a strong security profile, culminating in a worry-free and enjoyable online gaming experience.
FAQs about Instadebit Online Casino
Where should I look for Instadebit casinos?
You can find plenty of Instadebit casinos right here. We have gathered some of the greatest casino sites for you to easily compare.
Are there any fees associated with Instadebit?
Regrettably, yes. Payments to a merchant or casino cost C$1.95, and payments to your bank account cost C$2.00.
Can I link more than one bank account to my Instadebit account?
Unfortunately, no. If you have more than one bank account, you must choose which one to connect to when signing up for the service.
Is it necessary for me to be Canadian to use Instadebit?
You don’t have to be a born Canadian to use Instadebit, but you must have a Canadian bank account. However, all Canadian banks and financial institutions are supported.
Is a photo ID required to open an Instadebit account?
No, you need not provide a photo ID to validate your Instadebit account. Instead, you must submit information such as your name, address, date of birth, and the last four numbers of your Social Security number. You must also input and verify your bank information.
Instadebit Casinos Summary
As you have discovered, there are various advantages and disadvantages to using Instadebit. Is it the absolute best payment option available today? No, but it is far from the worst option.
Because it was designed by and for Canadians, like Interac e-Transfer casinos, it is a very well-tailored alternative, as they support every single Canadian bank. Unfortunately, it is riddled with inconvenient fees and requires a longer processing time.
If you like the idea of receiving payouts directly from your bank account, we recommend Trustly casinos. It’s essentially the same concept, without the costs and transaction time, but unfortunately less targeted to the Canadian market.
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