Fast withdrawals are no longer negotiable among casino players, as nothing ruins the online casino experience like an endless payout wait. Anything beyond two hours feels like the casino is holding your funds for liquidity.
Withdrawal speed depends on the casino’s internal processing systems and the payment method. While you cannot control the first one, you can opt for a banking option with fast cash-outs.
To prevent frustration from delayed transactions, we’ve reviewed the fastest withdrawal methods at online casinos in Canada. To create this list, our team tested the payment options for withdrawals of more than 500 CAD across over 40 online casinos. This table summarizes our top payout options for fast casino payouts in Canada:
| Payment Method | Withdrawal Timeline |
|---|---|
| Interac | 15 minutes to 2 hours |
| Cryptocurrencies | 5 to 30 minutes |
| Apple Pay and Google Pay | 30 minutes |
Interac is the most popular withdrawal option at online casinos in Canada. All major banks in Canada support it, giving players the flexibility to move funds from their balance to their bank accounts. Canadian players also choose it because it doesn’t require sharing any bank details with the casino, offering additional security.
If you play at an online casino that uses the Gigadat gateway and have Auto-Deposit enabled on your Interac account, you can also access instant e-Transfers. Rather than waiting for hours, the funds will land in your bank account within 15 minutes.
Interac is also a suitable option for withdrawals below 499 CAD. Many players prefer these payouts because there aren’t any lengthy reviews like with higher sums. Using Interac for these types of withdrawals guarantees faster approvals and access to your winnings.
However, delays due to email lag are possible. For instance, the casino may have processed the withdrawal, but e-Transfer notifications may take around 30 minutes to arrive.
Compared to fiat banking, cryptocurrencies come with many benefits, such as:
Payout speed is the biggest perk of using cryptocurrencies. When the casino approves the cashout, the funds are deposited into the wallet almost instantly.
Fiat transactions depend on banks with specific timeframes for processing transactions. This means that a delay is possible on weekends and holidays. Crypto transactions are processed 24/7 on the blockchain, including holidays.
Litecoin is a popular cryptocurrency. It offers quick transactions, with withdrawals usually processed within five minutes. The transaction fees are also lower than those for BTC and ETH.
Tether is a stablecoin pegged to the USD. As a result, it’s not as volatile as other cryptocurrencies. So, the value won’t change out of nowhere while you’re waiting for a payout approval.
For crypto payouts, we recommend withdrawing to private wallets (such as Trust Wallet) rather than to a centralized exchange like Coinbase. This approach reduces the risk of temporary holds due to routine anti-money-laundering (AML) checks.
Apple Pay and Google Pay started as deposit-only options. Today, they offer cash out through Visa Direct or Mastercard Send. Players can move winnings to the card linked to an Apple Pay or Google Pay wallet. Usually, the transactions take around 30 minutes.
However, not all Canadian banks support incoming transactions through Visa Direct or Mastercard Send. For instance, TD Bank allows sending money to your card using Visa Direct, but not Mastercard Send. On the other hand, RBC supports both services.
If your bank doesn’t allow incoming transactions via these push-payment systems, using Apple Pay or Google Pay as a preferred payment method might restrict access to withdrawals.
Casino withdrawals via banks and electronic fund transfers (EFT) can take 3–7 business days to process. On top of this lengthy timeline, your bank might restrict the funds due to AML reviews.
Standard credit card refunds can take up to 14 business days. That's because casinos process the reversal to the card issuer before applying it to your account. It’s slower compared to Visa Direct, which sends funds directly to your card in 30 minutes.
Withdrawals via e-wallets like Jeton and MuchBetter are usually fast. However, they come with double transaction fees. The wallet provider and your bank will charge fees when you move funds.
With payment options like Interac and crypto, lengthy withdrawal delays can be avoided. For convenient banking, Interac could be a suitable option. For those who value speed, cryptocurrencies are the best bet. Want to claim a 15-minute casino payout? Check our instant payout leaderboard for the top-performing fast withdrawal casinos this month.
