The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada

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The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


Safest Casino Banking Options in Canada


  • Instant Bank Transfer: You will need to use your bank details to successfully transfer money via online banking or in a branch where the transfer is usually instant.
  • Bank Wire: This method also requires your banking details to transfer funds to your casino account. However, the clearance time will vary greatly from one bank to the next.
Apart from the traditional methods included above, you will also come across a handful of other innovative methods. Not only are players turning to their mobile phone bills when it comes to identity protection, but players are also starting to use Bitcoin more and more as a fantastic source of payment.


The Best Banking Methods for Canadian Players


Transferring money with convenience, speed, and more importantly, security is a vital factor when it comes to having a memorable and hassle-free online gaming experience. You want to fund your casino account at lightning-fast speeds, transfer your winnings without any headaches, and access your balance around the clock, regardless of where you are in the world.


The quality of a payment method will greatly depend on your own personal preferences. Thankfully, most online operators in Canada provide a vast selection of casino banking methods that are easy-to-use, reliable, secure, and quick. With that in mind, let's take a closer look at the casino banking options at your disposal at most Canadian online casinos that you can use to make deposits and withdrawals on your account.


Credit / Debit Cards


These casino banking options are without a doubt the most popular payment methods for Canadian players when it comes to gambling online. The process of funding your account is very similar to an online shopping experience and will require the same details, including card number, CVC number, and amount. The most popular card options include:



  • Discover

  • American Express

  • Maestro

  • Mastercard

  • Visa

  • Visa Electron



E-Wallets


E-Wallets, also referred to as digital wallets, are ideal for online gambling. E-wallets will allow you to transfer funds quicker and easier than most of the methods we list here and your personal and financial information is extremely well protected. There will always be a charge when you make a cashout request, but when you consider the shortened processing time, you'll immediately understand why. Some of the most common e-wallet options in Canada include:



  • Neteller

  • Skrill

  • PayPal

  • EcoPayz



Instant Payment Services and Prepaid Cards


Instant payment services act as the middle man between your online casino and bank account, while prepaid cards work in the same way as credit/debit cards, but need to be topped up before you will be able to spend money. Both give you more control over your spending. Some of the most popular prepaid cards and instant payment services include:



  • iDebit

  • Click2Pay

  • ClickandBuy

  • Entropay

  • Paysafecard



Direct Bank Transfers


Bank transfers essentially consist of transferring funds directly from a bank to an online casino account without using a middleman thanks to the technology behind direct banking services. Due to the fact that it involves a straight transfer, there are usually no fees involved. You can also use direct bank transfers when it comes to funding your account or when you wish to perform a payout after winning a large sum of money. Some of the most popular direct bank transfer options include:



  • Instant Bank Transfer: You will need to use your bank details to successfully transfer money via online banking or in a branch where the transfer is usually instant.

  • Bank Wire: This method also requires your banking details to transfer funds to your casino account. However, the clearance time will vary greatly from one bank to the next.



Casino Banking Alternatives


Apart from the traditional methods included above, you will also come across a handful of other innovative methods. Not only are players turning to their mobile phone bills when it comes to identity protection, but players are also starting to use Bitcoin more and more as a fantastic source of payment.


With the mobile phone bill option, you can fund your account while the cost will be accumulated on your mobile phone bill. With Bitcoin, you are basically using a digital currency that is decentralized and comes with loads more privacy than any other casino banking method.


ecoPayz Provides Two Important Functions for Many Online Casino Players


The biggest plus of using a pre-paid method for banking at an online casino is the extra layer of control you have over your gaming activity. Thus, ecoPayz, as a pre-paid banking method performs that very important function. ecoPayz is also a type of e-wllet in that you can keep money there safely and use it for purchases in many currencies and countries.





With ecoPayz, you can apply for as many as three cards, that they call ecoCards, which you can use as a debit card or to take money out of ATMs in many countries. You can also use the single use online virtual ecoCard. So, ecoPayz has all of the elements most gamers look for in a company that facilitates online purchase and online casino banking.


Safety through Encryption


ecoPayz uses the most sophisticated SSL/TLS protocols. In the modern world, in order to be as safe as possible when you accept or transfer money through the internet, you need 256 bit encryption. This is what all of the big online financial companies and online stores use and so does ecoPayz.


So, when you send money to your ecoPayz account you can be sure that it is safe there. When you send money from your ecoPayz account to an online casino, you can be confident that it is safe in transit. Finally, although this has nothing directly to do with ecoPayz, when you play at any of the online casinos we recommend here at Slots Play Casinos, you can be sure that your money is safe there as well.


Privacy is a Top Priority


ecoPayz is committed to your privacy. They don’t share any of the information you give them with any third party.


Starting an account at ecoPayz is also fast and easy. It takes a mere couple of minutes and the company doesn’t take a registration fee. You don’t need a bank account or a credit card to set up your ecoPayz account. As soon as you have set up your account and you have deposited money into it, you can immediately begin using it.



The ecoCard


This is a card you apply for that will be linked to your ecoPayz account. With the ecoCard, you can access your account at ATM machines and at many land based retailers. Of course, you don’t need the ecoCard to make payments to online merchants; all you need to do online is transfer money from your account to the merchant.


Promotions


As soon as you open an ecoPayz account, you will begin to hear about their latest promotion or any ongoing promotion. You don’t have to be a VIP to take advantage of the company’s promotions. That is the great benefit of having an ecoPayz account: you can enjoy benefits that your personal bank or credit card company don’t provide.


EcoPayz is Not an exclusive Company


You can use ecoPayz for online casino banking, online purchases, or purchases at land based stores using the ecoCard but that doesn’t mean that you can’t have another account with an e-wallet, use your credit card for purchases, or use any other method to pay for goods and services.


How to Deposit from Your ecoPayz Account


If you were to choose to deposit at the casino with a direct bank deposit or with your credit card, you wouldn’t necessarily need the service ecoPayz provides. The company exists to provide a vital service exactly to people who want the benefit of an ecoPayz account.


One benefit is simple privacy. You send money to ecoPayz and it is none of anyone’s business that you have done so or what you plan on doing with the money.


The second large benefit of using a e-wallet for online casino deposits is that it gives you more control over your gaming. In this sense, ecoPayz is similar to a debit card: you decide how much to put into your account and you decide from that sum how much to deposit into your online casino account.


Deposit in to Your ecoPayz Account


Clearly, you do have to send money to your ecoPayz account. At this writing, ecoPayz has fully 30 different methods of sending money to your account there. You can use the tried and true credit or debit card, bank transfers , and the like and there are well over twenty other companies that will help you send money to ecoPayz.


A Safe and Reliable Method of Banking at Online Casinos


We at Slots Play Casinos don’t recommend any single banking option for online casino gamers. We report on a number of such methods. ecoPayz is one of many excellent companies that provide banking services for our online casino readers.


Paypal Casino



PayPal casinos are enterprises that make life easier for those who wish to use PayPal casino deposit as their primary online payment method. If making a safe and easy PayPal deposit is one of your main concerns when deciding which casino to play at, Paypal Canada could be right up your alley. This is a company operating that provides:


  • Quick deposits and withdrawals

  • Completely secure transactions

  • Available at the best online casinos



How do I Deposit with PayPal in an Online Casino?


register account
Register on the Payment Platform Create a PayPal Account Set up your login credentials with your e-Mail and a password
real cards
Link your Bank Account or Card Link your Credit Card Once you create your account, link it to your bank to send and receive payments
e-mail
Use your e-Mail and Password Deposit with your e-Mail To deposit in any casino you will only need your e-Mail and password

Most Reliable PayPal Casinos in Canada 2021


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Why to Use PayPal in an Online Casino?


loss limit
Get Instant Spend Notifications You can easily keep track of your deposits
payout
Get Paid Faster Get your money faster when you withdraw your winnings
real cards
No PayPal Balance Needed You can pay directly from your linked bank account, with Visa Debit or a credit card


  • Licenses granted by authorized international agencies such as the United Kingdom Gaming Commission, the Malta Gaming Authority or the Gibraltar Gaming Commission

  • Slots that accept PayPal at casinos in Canada, giving you a complete list of games to deposit safely, with a good bunch of promotions

  • Intuitive and modern interface, adapted to mobile devices

  • VIP clubs with all kinds of advantages, such as monthly offers or a personal account manager

  • Several offers, especially welcome promotions, that will help you have a more relaxed start

  • Quick deposits and withdrawals



Pros & Cons of Casinos that Accept PayPal Deposits


Benefits



  • Security: PayPal deposits cannot be compromised by any hacker

  • Accessibility: inserting an username and password is all that is required to make a deposit with PayPal

  • Quick and instant withdrawals of casino winnings



  • PayPal does not have agreements with all casino brands, so its use in the industry is not widespread despite its growing popularity


Advantages of PayPal Casinos


Paypal casinos Canada


The first on the list of pros of playing at a PayPal casino is fast deposits and withdrawals to and from your casino account. You don’t have to enter your card number as is the standard when you choose to use your credit card. Neither do you need to fill in your name and security code number. All you need is your username and password for playing online slots PayPal.


Withdrawals are just as fast as well with some casinos offering instant withdrawals. Second is safety. Your personal details don’t need to be filled in so they’re less susceptible to theft. Your transaction history is also kept away from prying eyes.


Disadvantages Of PayPal Casinos


The advantages of using a PayPal casino far outweigh the disadvantages but to name a few: It could be tedious setting up a PayPal account if the player is not proficient at using computers. It sometimes takes up to three days to link a bank account to a newly created PayPal account.


Also, some countries do not allow PayPal to be used in the transfer of cash to casinos; our southern neighbours, USA, fall into this category, but luckily Canada does not. Finally, the payment method isn’t employed in every single online casino in Canada as is the case with more traditional casino payment methods.
It is easy to use PayPal for gambling as a payment method when depositing and withdrawing from your casino account. It may be a little difficult at first but after depositing a few times, you start to feel like you’ve been using it all your life. You simply create a PayPal account at PayPal.com and link your bank account by clicking on the “add” button.


Thereafter, proceed to any of the Paypal casinos in Canada, decide on the game you want to play and select PayPal as a deposit method. You then select the amount you would like to deposit to your casino account and the funds are transferred from your PayPal account to your casino account securely.


How Do I Make a Withdraw Winnings through PayPal?


Receiving payments through PayPal is equally easy, once you are in your user area of any online gaming platform. And that’s why most players choose it as a payment method when entering online casinos.


Top Online Casinos that Accept PayPal


PayPal CasinoMinimum Deposit
1Casinocasino.com$10
2Fun Casino$10
3Yako Casino$20
4Betway$20
5Kassu$10
6Casino Gods$10
7Sloty$10
8Hyper Casino$10
9Casino Joy$10
10888 Casino$10
11Spinit$20
12Vegas Hero$10

Is PayPal Safe?


PayPal go to great lengths to ensure that your personal and financial details are protected. PayPal is a well-known company that relies on having an excellent reputation for being trustworthy and secure, so it is in the company’s best interests to keep up-to-date with the latest encryption technology. It is also in their best interests to behave honourably towards their customers.


The beauty of using PayPal is that you only have to give your credit card details to PayPal once rather than input them every time you make a payment or deposit into your casino account. The more times you give out your credit card details, the more at risk you are of having your details stolen. Using PayPal hugely reduces this risk. PayPal also mitigate the risk of being hacked by employing ‘white hackers’ who try to break through PayPal’s security systems in order to find any possible weak points.


PayPal Customer Service


PayPal also offers a service that lives up to its reputation in terms of customer service. You can opt for telephone support or the message center. If you choose telephone support, a voice will answer to guide you and, at the appropriate time, will tell you to enter an ID code that we mentioned earlier. After this, you will be put in contact with a PayPal operator who will be at your disposal for any request.


Message Center


You can also contact PayPal through the Message Center. On the official website there is a special section dedicated to the Message Center. In this case, PayPal offers a series of topics that usually represent the ones on which most users’ requests are focused. Once identified the main topic and the related one, the user has the opportunity to write his message. Typically, it may take up to 48 hours to get a response. The message will be notified to you by email but will also be visible in the Message Center area, always entering your access data.


Final Thoughts On PayPal Casinos Canada


Using a PayPal casino Canada is a smart move for a number of reasons. Online safety is a primary concern for most players and PayPal certainly has the technology in place to keep you safe from online predators. Your privacy is also respected and protected.


Deposits and withdrawals can be made quickly, and as an added incentive you’ll be the first in line for a casino bonus Canada at PayPal Casinos looking to boost PayPal usage. The rise in PayPal casinos only goes to prove why PayPal is one of the most widely used payment methods across the internet.


Paypal Casinos Canada FAQ


✅ What type of PayPal account do I need to have to play at the casino?


Simply put, there are three main types of PayPal accounts: Personal, Premier and Business. But there is also a Student account, which can be created with any of the 3 account types mentioned above. The Personal account is the most common among casino players.


✅ How Can a Player Withdraw Their Winnings Using PayPal?


This is a fairly easy process. All you need to do when making your withdrawal is to choose PayPal as the method of withdrawal from the PayPal casino and proceed to choose how much you would like to withdraw. Thereafter, you must “accept payment” through a mail that is sent to your email address by PayPal. The money should then reflect in your PayPal wallet.


✅ What Commission Fees Does PayPal Charge?


This should be classified as an advantage to playing at Paypal casinos Canada. The payment service doesn’t charge you any transaction fees unless you make a conversion of currency i.e. you set your casino account in Euros and your PayPal account to C$ and send money from one to the other, or you send funds across borders. This means that the money you would have otherwise spent on fees can now be used on your favourite casino game.


✅ What is PayPal Billing Agreement?


This agreement feature is for users using Paypal casinos Canada and is very important. It ensures that your deposit reflects in your account faster. It is very easy to set up this feature. First you need to make a deposit and the select, ‘Set up billing agreement’. This will enable all your future deposits to be processed fast and without the need of you log in into your account.


✅ Can I Use PayPal To Deposit?


Yes, you can use PayPal to deposit money. We are among the best casinos accepting PayPal deposits because it is safe and secure. Most players prefer using PayPal because of its security and they can use it anywhere they are as longer as they have a PayPal account. Sign up today and make your first deposit.


✅ How long does it take for a deposit made with PayPal to become effective?


Any money deposit made with PayPal will have an immediate effect on your casino account.


✅ How long does it take to withdraw my winnings with PayPal?


PayPal is one of the most effective payment methods for withdrawing your winnings from any online casino, so withdrawals usually take no more than 24 hours and the fact that they are not immediate is mainly due to the process of verifying the identity of the user’s account.


✅ Is it free to use PayPal in an online casino?


Yes, using PayPal in an online casino does not incur any fees or costs.



PayPal supports all major credit cards on the market: MasterCard, Visa and American Express. If you link your credit card to your PayPal account, you can pay and send money to your credit card. To link your credit card, you must log in to PayPal and, on your profile account, add or edit your card details.


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Which bank will provide you with the best services? Check this list of the best banks in Canada to see which ones offer top-notch everyday banking products.


The view of the columned entrance of the Bank Of Montreal museum in Montreal.


Photo by Etienne Martin on Unsplash


Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country, each offering its own suite of personal banking products and services. Finding the “best” is tricky, especially because it depends on the individual’s needs. Nonetheless, there are some standouts. In this article, we take a look at customer offerings from some of the best, so you can decide which works for your personal banking needs.


Best best banks in Canada



  • Scotiabank — Best big bank

  • Tangerine — Best for no-fee banking

  • EQ Bank — Best for everyday savings

  • PC Financial — Honourable mention


The best big bank for everyday banking: Scotiabank


Scotiabank was founded in 1832 and has since grown its assets to more than $850 billion, which puts it in the number three spot among the Big Five by asset size. For its customers, this translates into stability, a broad portfolio of financial products, and the convenience of thousands of physical bank branches and a network of more than 3,500 ATMs across Canada.


While any of the Big Five could claim similar advantages, Scotiabank shines in the details. They’ve created six different types of accounts with perks and benefits designed for Canadians at any stage of life. Customers under 18 years of age and students enrolled in a post-secondary institution can access its no-fee account. For adults, Scotia offers four options that balance banking needs and benefits, from the minimal Basic Banking Account at $3.95 per month, right up to the perk-laden Ultimate Account that lets you earn rewards and get credit card rebates, among other benefits, for $30.95 monthly.


Speaking of credit cards, Scotiabank carries 18, including some of the highest-earning rewards credit cards in Canada. As with their bank accounts, Scotiabank has cards tailored to a variety of Canadians, from those looking for a no-fee card, to travellers, to cash-back collectors. Notably, Scotiabank is the only Big Five bank to offer cards with no foreign transaction fees .


In addition to everyday banking accounts and credit cards, Scotia provides mortgages, loans, and lines of credit. They even have their own investing platform and offer investment accounts including RRSPs and TFSAs.


One of the main benefits of banking with a Big Five bank is that you can keep all of your financial products with one, trusted institution. With this in mind, Scotiabank offers the widest variety with the best perks and benefits.



  • ATMs: 3,500+

  • Bank accounts: 6

  • Credit cards: 18

  • Other products: Mortgages; insurance; loans; lines of credit; RRSPs, TFSAs, and other types of investment accounts



Compare Canada’s best chequing accounts


Best bank for no-fee everyday banking: Tangerine


Over the past several years, online-only banks have grown in popularity, appealing to many of the 76% of Canadians who do most of their banking digitally . Online-only banks operate their services through their website, on the phone, and on their phone apps. You don’t speak to a teller or visit a branch. Without having to meet the massive investment in those overhead costs, online-only banks have been able to offer customers no-fee everyday banking. Our favourite no-fee bank is Tangerine , an (almost) online-only bank that’s owned by Scotiabank. Although Tangerine is virtual, it does operate a handful of Tangerine Cafés in Canada’s largest cities (Toronto, Montreal, Calgary and Vancouver), where customers can get in-person advice and assistance.


Tangerine’s No-Fee Daily Chequing Account gives you all of the functionality you’ll need for your everyday banking—for free. When you open an account you have to link it to an external account so you can transfer money in. Then you’ll receive a debit card that you can use to make purchases or withdraw money. All transactions take place online, on the phone, or at any of the more than 3,500 national Scotiabank ATMs (and 44,000 associated international ATMs), so you don’t have to visit a bank in person. With the No-Fee Chequing Account, you receive unlimited debit transactions and Interac e-transfers, as well as pre-authorized payments and bill payments.


The Tangerine chequing account does everything you need it to with no monthly fees, but this bank also offers savings accounts* (including RRSPs and TFSAs) and investment accounts such as GICs. And, even though they’re an online bank, they provide mortgages, loans, and lines of credit so you can take advantage of having all your accounts in one place. You can even operate a business account through Tangerine.


The best investment options for aging Canadians


The best investment options for aging Canadians


Money & Career

The best investment options for aging Canadians


When you’re a young, spry 30-something, investing for retirement is easy. Put most of your money in equities and -- if all goes well -- watch your returns climb over the years.


It gets more complicated as retirement looms. When you’re 10 or 15 years out, you need to start thinking about how you’ll keep generating cash after you retire and how you’ll live on the money you’ve saved.


There are numerous investment options that soon-to-be-retired Canadians can employ to meet their goals. Which route to take depends on how much money you have in your RRSP, TFSA and other accounts and your retirement goals, and you may want to discuss potential choices with an adviser who has your best interests at heart.


Ready to make some changes now? Here are a few investing options you should consider.


Bonds
If you didn’t strike it rich during your working years, you’ll need to protect the money you’ve made. Many people start moving money out of stocks and into bonds as they get older. Bonds are generally safer than equities, so there’s less chance of losing your savings if the market goes bust. Unfortunately, with interest rates currently so low, bonds don’t pay much income these days. Consider buying some corporate bonds, which are somewhat riskier than government bonds but pay a higher yield.


Guaranteed Investment Certificates (GICs)
It’s impossible to lose money in a GIC -- at least, if you don't factor in inflation. These investment vehicles are protected by the Canadian Deposit Insurance Corporation, so if a bank goes bust, your principal will be returned. You don’t want to put all your money in a GIC, though, as they barely offer any return; a five-year GIC from TD Canada Trust, for instance, at time of writing was paying just 2.15 per cent.


GICs are a good place to park money for the short term, or cash you know you need to live on. Maybe you’re taking a trip in six months, but you don’t want your money to just sit in a bank account earning nothing. Put it in a six-month GIC, earn a slightly higher rate than you would in a savings account, and then, when the investment matures in 180 days, use the cash for the vacation.


Dividend stocks
Many older Canadians are searching for stocks that pay a dividend. These are quarterly or annual payments made to shareholders with a company’s excess cash. Dividends paid vary from company to company and sector to sector -- Bank of Montreal, for instance, currently pays a 4.72 per cent yield; Research in Motion pays nothing. Many people use the cash back to pay for day-to-day expenses; others reinvest the dividend into more stock. Finding a good-quality company that pays a decent yield -- aim for around four or five per cent -- can give your retirement portfolio a good boost.


Annuities
Insurance companies offer annuities, which are investments that, in retirement, pay set monthly payments for life. It’s a great option for people who are worried about their cash flow, but it can be an expensive one. Fees are typically higher than what you’d pay on a mutual fund, and your money won’t get as great of a return as it would if you invested in the market yourself. But your cash is protected and you do get a regular cheque in retirement, which, to many people, is worth the extra costs.


Stocks
While you’re supposed to become a more conservative investor in retirement, you should also own some plain old stocks. Your portfolio still has to grow or you could run out of cash as you get older. That’s not to say you should invest in risky start-ups, but some solid brand-name growth stocks should help increase your savings.


How you use these investments in a portfolio depends on a number of factors, so do talk to a professional before investing in any of these options -- but at least you have choices. The older you get, the more you’ll need to tweak the balance between all of these, but if you can find the right mix, you’ll have plenty of dough at your disposal.


How to choose the best bank in Canada for you



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Banking in Canada is reliable and convenient, though not always free. With some research, you can find out which is the best bank in Canada for you.


It’s becoming more common to offer free banking for your first year, so shop around and don’t be afraid to say you will bring your business elsewhere.


Before you decide on a preferred bank, take into consideration which branches are convenient to your home and place of work, what their opening hours are, and who offers the best credit cards in Canada for your needs.


Which is the best bank in Canada for me?


The ‘Big Five’ banks in Canada all (RBC, BMO, TD, CIBC, and Scotiabank) have programs for newcomers. These come with special newcomer incentives, so be sure to look into them. The best bank in Canada for you will depend on your specific needs. The banks that’ll be covered in this article are as follows:



  • CIBC

  • HSBC Canada

  • Scotiabank

  • Bank of Montreal (BMO)

  • National Bank of Canada



In 1961, Canadian Bank of Commerce and the Imperial Bank of Canada merged to form the Canadian Imperial Bank of Commerce or CIBC as it is more commonly known today.


CIBC’s success as one of the best banks in Canada is tied to its continued and sustained investment in the future. They have recently modernized their banking platforms to enhance their clients’ experience. The consistent execution of their client-focused strategy is paving the way for transformation of how banking is carried out in Canada, and it also enables CIBC to bring the best service possible to their clients. For example, CIBC Mobile Banking® App continues to earn top spot (6th year in a row!) in the Forrester ranking for functionality and user experience.


Moreover, CIBC’s chequing account has evolved over time to meet the needs of its customers. This account will allow you to bank just how you want to bank. In addition, with one of the largest ATM networks across Canada and top-ranked online and mobile banking as well as Apple Pay, all choice is yours. This is especially helpful for newcomers to Canada who will have one less thing to worry about.


HSBC Bank Canada is part of the global HSBC network, with a footprint in many countries across the globe. Their 130+ branches are predominantly located in Canada’s major cities. They offer a service called “Global view”, which is a big draw for people who already have HSBC accounts in other countries, and makes accessing and transferring their money between their personal HSBC accounts worldwide simple.


We hope you are enjoying the content on Moving2Canada.


We pride ourselves on delivering fast and accurate immigration news to our community. Revenue from trusted advertisers helps support this work.


Please consider disabling your ad blocker while visiting our site.



We hope you are enjoying the content on Moving2Canada.


We pride ourselves on delivering fast and accurate immigration news to our community. Revenue from trusted advertisers helps support this work.


Please consider disabling your ad blocker while visiting our site.



We hope you are enjoying the content on Moving2Canada.


We pride ourselves on delivering fast and accurate immigration news to our community. Revenue from trusted advertisers helps support this work.


Please consider disabling your ad blocker while visiting our site.


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Scotiabank


The Scotiabank StartRight® Program allows you to open a bank account before you arrive in Canada, with unlimited no-fee international money transfers.


For newcomers to Canada, you can receive your first year of banking with Scotiabank for free, without any monthly fees. Plus, you can also avail of a variety of products and services tailored to newcomers.


BMO is Canada’s oldest bank and older than Canada itself and is viewed by many as omne of the best banks in Canada! It has 200 years’ experience in helping newcomers settle and get their new life started in Canada. Their NewStart program offers newcomers (arrived in Canada within the last five years) 12 months free banking with no minimum balance required as well as a free safety deposit box, unlimited electronic and Interac E-transfers.


Find out more about what BMO offers here.


National Bank


The National Bank of Canada is the sixth-largest commercial and has been in contention for the best bank in Canada award. It is headquartered in Montreal and has branches in most provinces, although it does not have as many branches as its competitors outside major urban centres outside the province of Quebec. If, however you are planning on moving to Quebec, National Bank is in fact the largest bank in the French speaking province (where it is called Banque Nationale du Canada ). National Bank offers newcomers a tailored package of services valued at up to $600. Newcomers who choose to go with National Bank will also benefit from a year of access to their Assistance service for newcomers.


Get help making the best decisions for you


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How do I choose the best bank in Canada for me?


When choosing which is the best bank in Canada for you, be sure to learn about how your bank deals with each of the following.


Banking fees


Many banks in Canada charge you to have a checking or chequing account (known in other countries as a 'current' account).


Fees range from $5 to $30 per month, depending on the number of monthly transactions you wish to make. You may be able to have these fees refunded if you maintain a sizeable balance, usually at least $1,000. In any case, do some research and see which is the best bank in Canada for your circumstances.


Cheques


Cheques (spelled 'checks' in the US) remain a popular payment method in Canada. This comes as a surprise to many newcomers travelling from countries where these have been largely phased out.


Many employers will request a ‘void check’ at the beginning of your employment. This is because it will contain the bank details they require to transfer money to your account. A void check is simply a check with the word ‘void’ written across it. Your bank may give you some of these for free when you open your account.


Check books are often required for paying rent. It can cost up to $40 for a book of 100 cheques, so be aware of these costs when choosing the best bank in Canada for you.


ATM charges


You will usually be able to use ATMs belonging to your own bank without being charged. However, if you use another bank’s ATM, then you will usually incur a fee for each transaction.


If you use an ATM machine that does not belong to a bank (e.g. a privately-owned ATM at a bar or restaurant), both the ATM machine and your bank will charge you fees.


Using these privately-owned ATMs is very expensive. It could cost as much as $4 or $5, so try to avoid using them.


When deciding which is the best bank in Canada for you, keep in mind whose ATMs are close to you, and your work.


Debit cards


So long as you don’t exceed the number of monthly transactions permitted by your bank, debit cards can be used almost everywhere without any additional fees. Canadians tend not to carry much cash as a result.


Interac e-transfer


The Interac e-transfer system (pronounced “Inter-ack”) is a collection of Canadian banks and merchants who all use the same payment system.


Money can be transferred online simply by entering the receiver’s email address - you don't need the other person's bank details.


Both parties must have a Canadian bank account that has Interac email transfer capabilities. It costs $1 per transfer.


Interac proper is the Canadian debit system which all debit card issuers offer. However, some institutions will also offer Visa or Mastercard debit on top, which has the advantage of worldwide acceptance.


International money transfers to your new account


When you arrive in Canada, you'll (hopefully!) have some money you'll be looking to transfer into your new account.


Wise (formerly TransferWise) and CurrencyFair are two of the best ways to arrange an international money transfer, and both companies are offering discounts to Moving2Canada customers.


You can learn more about them, and your other options, in our international money transfer guide.


Some of the best bank accounts are available for free


While these options are free at first, bear in mind the above points about access to ATMs and branches. They may not be the best bank in Canada for you if you have to pay fees to use other banks' ATMs.


In Vancouver, a free checking account is available from Coast Capital Credit Union (customers can use Coast Capital ATMs and HSBC ATMs free of charge).


Simplii offer free banking in Canada, unlimited transactions, free cheque books. It's an online bank, and you use CIBC cash points free of charge.


Best credit cards in Canada


It’s worth considering who offers the best credit cards in Canada for your needs when choosing a bank. Whether you avail of a credit card is up to you, however you should note that credit rating is considered important in Canada and using a credit card responsibly and always paying your bill on time will go some way to starting to build your all-important credit score.


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There’s a multitude of credit card options depending on your needs, and your bank itself will likely have many options that could suit you. Credit cards in Canada are often grouped into the following broad categories: No Annual fee, and those with an annual fee but that also offer rewards or perks.


The rewards offered by these types of credit cards can be Cashback or points earned on your purchases that can be redeemed for products, airline travel, or even cinema tickets. Usually the tastier the rewards attached to the credit card, the higher the annual fee will be, so be sure to check the fine print to avoid any surprises.


Although some cards may have an annual fee, they can often offer attractive perks like travel insurance, extended warranties on purchases or a special kind of insurance when you rent cars called ‘auto collision waiver’. These perks can make the annual fee pay for itself but will depend entirely on your usage and individual needs.


If air travel is your thing and you want to get the best value out of your long-haul trips back home to see your family and friends, you may want to consider a credit card associated with one of the major airline loyalty programs such as Aeroplan (who are affiliated with Air Canada), AirMiles (who support many major airlines) or Westjet Rewards (a growing domestic carrier with new international routes).


All the Canadian banks we have provided links to above offer a range of credit card services which help newcomers to build their credit history at a low cost. Click the banners andlinks above to research newcomers’ products of Canadian bands and see if theirs are the best credit cards in Canada for you.


Just as your research about the best banks in Canada should be thorough, so too should your research on the best credit cards in Canada. By doing so, you will ensure that you find the best bank in Canada for you.


Researching the best credit cards in Canada for you


You can learn which are the best credit cards in Canada for you by understanding how much you can expect to pay, what value you can get in return. Here are five simple things you'll need to figure out:


1. Read the terms and conditions carefully. Understand what the the consequences will be if you don't pay off your bills on time.


2. Ask to see a fee schedule so you know exactly how much you can expect to pay. Learn what their interest-free grace period looks like - in other words, the period of time after making a purchase during which no additional charges are incurred.


3. Research what incentives or rewards are on offer. The best credit cards in Canada (or certainly the most competitive ones) will have generous programs for its customers. Ask how quickly they can be obtained, and what conditions need to be met to unlock them. Find out if the rewards are revoked in cases of late payment, or any other reason.


4. Inquire whether a deposit is required, and if so, when will you get it back.


5. Ask about their fraud protection policies, and what will happen if there is unauthorized spending being made with your card.


What else should I keep in mind?


Using international cards


International bank cards will not always work, so please check with your local bank first. You may need to give them advance notice of your travel plans.


Using cash advance on your foreign credit card is also costly as you pay cash advance fees and exchange rate fees. Try taking out large amounts at one time to save yourself from getting charged a lot of fees.


And to avoid confusion at the counter.


The process of putting money into your bank account is known as a 'lodgement' in some countries (e.g. Ireland, UK). This term is not widely used in Canada. Instead, Canadians call them 'deposits'.


More tips for newcomers


You've now learned more about choosing the best bank in Canada and the best credit cards in Canada. You can also save yourself time and money by getting your travel insurance (which is mandatory for IEC work permits) and resume arranged early. See our guides for more.


The Complete Guide to Canada’s Best Online Banks


Modified date: April 8, 2021


The world is going digital and banking is no exception. According to the Canadian Bankers Association, in 2019, more than 76% of Canadians were doing their banking online and through mobile — and that number is rapidly rising.


There are many solid reasons to consider any of the online banks in Canada including convenience, features, and pricing.


Read on to learn about this emerging trend in personal finance management, including our top picks for the best banks in Canada.


Why Use an Online Bank


If you haven’t yet tried online banking, you might wonder what the fuss is about. After all, traditional face-to-face branch banking has served Canadians well for decades.


Before you make up your mind, consider these three areas in which online banking in Canada exceeds in-person branch banking:


Convenience
With online banking, your account is accessible from your computer, tablet, mobile app, or telephone.


This means an end to searching for a brick-and-mortar branch or an ATM, and renders the concept of “banker’s hours” obsolete. If you want access to your money 24/7, online banking is the way to go.


Pricing
Some brick-and-mortar banks offer customers “low-fee” accounts, but even these command a base monthly fee which can add up fast. In fact, Canadians are still paying an average of $200 per year in banking fees.


With online banking, customers have the option of a no-fee account — usually coupled with extremely competitive rates for common services like Interac e-Transfers® and a high-interest rate on savings accounts. If you don’t want to pay for the privilege of accessing your own money, an online account might be just the solution.


Special Features
Imagine asking a teller to deposit a cheque using a smartphone photo or to send money by email?


They’d probably look at you like you have two heads – but Mobile Deposit and Interac e-Transfers® are services that many online banks offer.


In addition to all the traditional features to which customers have become accustomed, online banks offer special features that are simply unavailable elsewhere.


Finding the Best Bank in Canada


Traditional banks are being left behind by online banking in Canada. The only services online banks can’t offer that traditional banks can are safety deposit boxes, counter service, and in-person advice.


That said, online banking does offer advice over the telephone or email and has the distinct advantage of being available 24/7 from wherever you are.


Decreasing service fees, increasing interest rates, and a wider selection of convenient services make online banking an attractive choice.


Online BankBest ForMore Info
TangerineBest Overall Online Banking ServicesRead OnVisit Site
EQ BankBest For Super SaversRead OnVisit Site
Scotia OnLineBest For Digital InterfaceRead OnVisit Site
RBC OnlineBest For BundlesRead OnVisit Site
BMO OnlineBest For Senior, Student, & Military DiscountsRead OnVisit Site
TD OnlineBest For Mobile AppRead OnVisit Site
CIBC OnlineBest Overall for SeniorsRead OnVisit Site
FirstOntarioBest For Ontarians Seeking a Credit UnionRead OnVisit Site
Simplii FinancialBest For Free Internet e-TransfersRead OnVisit Site


Tangerine: Best Overall


Tangerine_210x100
One of the best fully “branchless” online banks in Canada, Tangerine pairs some of the best online banking services with zero fees on all daily banking like debit purchases, withdrawals, transfers, bill payments, and Interac e-Transfers.


Their 0.10% interest rate for savings accounts is respectable, but the 2.10%* promotional rate when you sign up for a no-fee Tangerine Savings Account, TFSA, RSP, RIF, or US$ Savings Account for the first 5 months is outstanding.


For savvy savers, it’s a great way to maximize your savings, and you can also earn up to $150* in cash bonuses simply by switching to a Tangerine Chequing account.


Tangerine also has two cash back credit cards: the Tangerine Money-Back Credit Card and the Tangerine World Mastercard®. There are no annual fees for either of these cards, and you can earn up to 2% unlimited Money-Back Rewards on everyday purchases.


Tangerine has also been ahead of the game in using technology to enhance their services, and they’ve earned a reputation for excellent customer service, winning awards year after year.


Should you need help, you can get in touch with a Tangerine Associate through an online chat session, a Twitter DM, or the 24/7 customer service line. Read our full Tangerine review to find out why it’s our top pick for an online bank in Canada.


EQ Bank: Best For Super Savers



EQ Bank takes an entirely different approach to online banking than the others on this list.


With no branches and no ATMs, EQ Bank is accessed entirely through the web and mobile app only – a totally unique model. Instead of using personal cheques, a debit card, or an ATM, clients can move money between their Savings Plus Account and linked accounts.


For those willing to try a new way of banking, the benefit is clear: the Savings Plus Account offers no everyday banking fees, unlimited Interac e-Transfers®, free day-to-day transactions, and a 1.50%* everyday interest rate on their no-fee Savings Plus Account.


While EQ Bank may not be as well known in Canada, it’s certainly a trustworthy bank to stash your cash – EQ Bank is brought to you by Equitable Bank, which has been around since 1970. One thing to note: the Savings Plus Account functions like a chequing account and can be used to pay bills and also transfer money instantly with no transaction or account fees.


*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice


Scotia OnLine: Best For Digital Interface


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada
As one of Canada’s “Big 5” banks, it’s not surprising that Scotiabank’s online (web and mobile app) banking options are feature-rich and intuitive to use.


Although most customers pay a monthly service fee of between $3.95 and $30.95 (accounts with a minimum balance and students accounts are free, and seniors get a discount), the interface and offerings were enough for Forrester to name Scotia OnLine as “The Best Consumer Digital Bank in Canada.”


RBC Online: Best For Bundles


The Best Banking Methods for Canadian Players, Safest Casino Banking Options in Canada


Another “Big 5” bank, RBC Online offers numerous account options at different levels with a wide range in monthly fees (from $4.00 to $30.00).


Though they don’t waive fees for maintaining certain balances, customers can cut down their service charges by bundling RBC products (such as credit cards, investments, and/or mortgage).


The RBC online banking option includes all the typical features, like transfer and bill payments, but there’s not much outstanding in their portfolio.


BMO Online: Best For Senior, Student, & Military Discounts


BMO_210x100
In line with the other “Big 5” banks on this list, BMO offers a standard set of features with standard rates, though customers with the Savings Builder Account can earn up to 1.6% interest.


Although they offer discounts to seniors, students, and armed forces, the monthly fees range from $4.00 to $30.00 month. Their online banking interface is intuitive and has all the typical features.


TD Online: Best For Mobile App


TD_Bank_210x100
Neither the account options nor the interest rates tempt with TD Canada Trust, but this bank does offer several decent no-fee savings accounts.


They have a mobile app for online banking along with handy add-on features like TD MySpend that helps customers track and improve spending habits.


CIBC Online: Best Overall For Seniors


CIBC

CIBC_210x100
offers a full portfolio of account options designed for people at different stages of their lives and careers. In terms of fees and interest rates, CIBC is in line with the other Big 5 banks.


One notable difference here is that unlike the other institutions on our list, CIBC offers five account types for seniors — everything from a simple chequing account to a bundle that includes a premium credit card to US dollar account for seniors.


FirstOntario: Best For Ontarians Seeking a Credit Union


First Ontario
The only credit union on our list, FirstOntario offers chequing and savings accounts, as well as free and paid options. Some of their features include online bill payments, debits, bank transfers, Interac e-Transfers®, and personal cheques, along with a slew of nifty online tools.


There’s even a feature that lets you round up on purchases and save the balance.


Simplii Financial: Best For Free Internet e-Transfers


 simplii_fin_210x100
Formerly PC Financial and affiliated with CIBC, Simplii is one of the branchless options for online banking in Canada. Like the name says, Simplii trades in simplicity, offering one chequing and one savings account, each without monthly fees.


Using web or mobile, customers can do everything from pay bills to transfer funds to paperless cheque deposits. The no-fee chequing account offers unlimited debit purchases, bill payments and withdrawals, free access to over 3,400 CIBC ATMs across Canada, and free Interac e-Transfers®.


Comparison of the Best Banks Canada 2021


When you’re ready to consider opening an online bank account in Canada, use this chart to compare the best online banks in Canada with the best online banking services.


TangerineEQ BankScotia OnLineRBCBMOTDCIBCFirstOntarioSimplii
Chequing Accounts1 typeNo6 types4 types5 types6 types9 types4 types1 type
Savings Accounts5 types1 type5 types4 types4 types3 types5 types4 types1 type
Student/Youth AccountsNoNo2 types3 TypesNo, but special students/youth rates2 types2 typesNoNo
Senior AccountsNoNoNo, but special seniors rates No, but special seniors ratesNo, but special seniors ratesNo, but special seniors rates5 types1 typeNo
Brick and Mortar BranchesNoNoYesYesYesYesYesYesNo
Visit SiteVisit SiteVisit SiteVisit SiteVisit SiteVisit SiteVisit SiteVisit SiteVisit Site


*Terms and conditions apply. Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice


Comparing Tangerine and Simplii


When it comes to naming the best online banking services in Canada, the field narrows to the top branchless online banks: Tangerine and Simplii.


Unlike traditional banks, these two carry no monthly fees, have robust feature sets, and are made for online or mobile use. With the exception of EQ Bank (which missed the top spot overall because of a lack of features such as ATM withdrawals), branchless banks offer similar interest rates to traditional banks but without the fees.


While either option is a great choice for the average Canadian, there are some slight differences. Let’s take a closer look.


For chequing accounts, both Tangerine and Simplii offer:



  • No fees for daily transactions including withdrawals, transfers between accounts, and Interac purchases

  • Unlimited bill payments (one-time or automated)

  • Free Interac e-Transfers

  • Unlimited ATM withdrawals within parent’s networks of machines (Scotiabank for Tangerine and CIBC for Simplii)

  • Mobile cheque deposit (where you can use the camera on your phone to deposit a cheque)

  • Overdraft protection (with application)

  • 24/7 customer support



Tangerine vs Simplii Chequing Account


FeatureTangerineSimplii
Interest RateUp to 0.15% 0.05%
Interac e-TransfersFreeFree
ChequesFirst book of 50 cheques freeFree
NetworkScotiabankCIBC
High-Interest Savings Account 2.10%* (first 5 months)
0.10% thereafter
0.10%

As you can see, the difference between these two online banking options is really minor. The choice may just come down to whether you prefer the CIBC or Scotiabank ATM network.


How Safe Are Online Banks in Canada?


Every bank on our list is well-established in Canada and a credible financial institution.


Like traditional banks, the odds of online banks failing are very slim. In any case, you can rest easy: the Canada Deposit Insurance Corporation (CDIC) covers eligible deposits in your own name, joint accounts, trust accounts, TFSAs, RRSPs, and more up to $100,000.


It does not apply to investment products such as stocks, bonds, or mutual funds.


Security breaches of online accounts are rare, but it’s always wise to choose a unique and complex password and PIN.


Why Go with Online Banking: Benefits of Banks with No Fees?


The best bank account in Canada for you is the one that helps you save money — not the one that costs you money to use.


Based on that criterion alone, look for a trustworthy online bank without fees, like Tangerine or Simplii. Although neither bank has brick-and-mortar branches (so you’ll have to store your family jewels elsewhere), both offer the benefit of 24/7 online or mobile access, superior pricing (can’t beat no-fee!), and a full feature set including unlimited transactions, paperless cheque deposits, and Interac e-Transfers®.


Ultimately, Tangerine stands out as the best online bank in Canada. Offering no-fee chequing and savings accounts, outstanding customer service, innovative banking technology, and respectable interest rates, Tangerine snags our top spot as the best online bank in Canada.


You’ll enjoy a full range of banking services while keeping more money in your wallet where it belongs.


Deposit Options for Canada


Even though playing for free at most of the recommended casinos is fun, we know that the real fun starts when you win REAL money. In order to play with real money, you have to deposit money into your casino account first. We will provide you with a brief overview of some of the most accessible deposit options for Canadian players. All casinos linked to from websites such as Zodiac Casino, Captain Cooks Casino and Luxury Casino offer the deposit methods below!


VISA, VISA Debit, VISA Electron


Most casinos allow you to pay with VISA credit and debit cards. You can start playing immediately because any approved transaction will be credited to your account automatically. Especially for those players who want to get started right away, this ensures that there is no delay.


For your convenience, it is possible to register upwards of FIVE (5) credit/debit cards online with some of the casinos. Use this payment method on Zodiac Casino, Captain Cooks Casino and Luxury Casino.


MasterCard, MasterCard Debit


We want to make sure that is possible to use MasterCard credit and debit cards with our recommendations. You do not have to delay playing, because any approved transaction will be credited to your account automatically.


For your convenience, it is possible to register upwards of FIVE (5) credit/debit cards online with some of the casinos. Use this payment method on Zodiac Casino, Captain Cooks Casino and Luxury Casino.



eCheck


One of the easiest depositing options that you can use to deposit money at some of our recommended casinos is eCheck. This service allows you to transfer funds from your Canadian bank account directly into your casino account, without having to provide any third party with your personal details. The only thing you need to register your bank account is your check book. Especially those concerned with their private information being available online will appreciate this option.


Even though any transferred funds will instantly be added to your casino account, the funds will clear from your bank account just as they would with a traditional paper check. This will take between two and five business days. Before registering your bank account details at the casino, make sure that you have the following information available:



  • The name of your bank

  • Your bank account number

  • Your account type (checking or savings)

  • The banks branch number

  • The banks institute number

  • Your social insurance number



Please make sure that the information provided is 100 percent accurate before you use eCheck to deposit funds, fraud charges may apply if you do not.


Depositing money using eCheck


Go to the casinos ‘Bank’ section and select the ‘eCheck’ option. You will only need to enter the relevant information the first time. The only thing you will need to verify future eCheck deposits is the first four (4) digits of your registered bank account. Use this payment method on Zodiac Casino, Captain Cooks Casino and Luxury Casino.


What do I need to know before depositing money?


Keep the following in mind:



  • eCheck deposits are not unlike paper checks. It may take between two and five business days before your bank account is debited the amount. During the week of your deposit to the casino, make sure that you have sufficient funds in your bank account to avoid overdraft charges.

  • Your bank may apply NSF fees or charges for bounced checks authorized via eCheck, just as they would with a paper check. Consumers will be billed a bank generated NSF fee of approximately CA$30.00 for any EFT bank draft that is returned unpaid.

  • If an eCheck deposit does not clear your bank account, you will unfortunately be unable to make future deposits with eCheck until the funds are recovered by the casino.

  • First-time eCheck users will be limited CA$750.00 per seven days.

  • The eCheck deposit option is exclusively available for players in Canada who have a Canadian bank account.




Instadebit


Instadebit offers players a safe and secure method of transferring funds to their casino account by using funds from their bank account. It is possible to complete a bank transfer to fund your Instadebit account or you are able to do so instantly by using Internet banking.


Instadebit works the same way as writing a check does for Canadian citizens. Your casino account is instantly credited, even though the debit that will come from your bank account takes between two and five days to clear. There is no need to fund your Instadebit account. Zodiac Casino, Captain Cooks Casino and Luxury Casino all accept this payment method.


Depositing money using Instadebit


It is possible to fund your Instadebit account by completing a direct debit/bank transfer directly from your bank account or by using Internet banking. The following steps help you deposit money by using Instadebit:



  • First log into your Casino Account

  • Select ‘Bank’

  • Select ‘Instadebit’

  • Select the amount you want to deposit and click on ‘Next’

  • You are now redirected to the Instadebit login page. Here you enter your email address and password and follow the instructions



Instant Banking Deposit by Citadel Direct


Instant Banking Deposit by Citadel is an easy and secure online payment solution that immediately deposits money into your casino account. Instant Banking Deposit establishes a link between your bank’s online Internet banking and the casino. Because of this direct link, you will not need to register any personal details for an account or even sign up.


Depositing money using Instant Banking Deposit



  • Go to the casinos ‘Bank’ section

  • Select the ‘Instant Banking’ option.

  • Enter the amount you want to deposit

  • You are now taken to the “Internet Banking” website, you can select your bank at this screen

  • Follow the instructions on the screen and complete your online internet banking transfer



If your bank does not offer an Instant Banking Transfer, it is possible to utilize a one-to-three day bank transfer instead.



Direct Bank Transfer – iDebit


You do not need a credit card to make deposits on your casino account. You can use your online banking to make instant deposits with iDebit. iDebit supports most major Canadian banks.


Want to deposit but don’t have an account?


It is possible to create an account at the end of your first transaction, check out as a guest, or sign up now. There is no delay and no hassle, because there is no approval process. It is a quick and easy method of depositing money.


Depositing money using iDebit



  • Go to the casinos ‘Bank’ section

  • Select the ‘Instant Banking’ option

  • Enter the amount you want to deposit

  • Log in or check out as guest with iDebit

  • Select your bank from the available options. Log in using your normal online banking credentials

  • Once you approve the payments, you will instantly have the funds available in your casino account. Use this payment method on Zodiac Casino, Captain Cooks Casino and Luxury Casino.



Paysafecard


Using your paysafecard is as easy as using cash. You do not need a credit card, a bank account, or even disclose any personal information. This prepaid card makes payments on the Internet easy and straightforward.


How to purchase a paysafecard


You can use physical money that you have or a credit/debit card to buy a paysafecard. You can globally buy a paysafecard at various outlets, including:



  • Petrol stations

  • Post offices

  • Supermarkets

  • Bottle/liquor shops (Off-licenses)

  • Newsagents

  • Local convenience stores



Click here and find a paysafecard outlet near you. You can select your country by using the drop down menu.


Depositing money using a paysafecard



  • Go to the casinos ‘Bank’ section

  • Select the ‘paysafecard’ option

  • Enter the amount you are going to deposit and the 16 digits that are on your voucher

  • Follow the instructions, and you will find that the funds are deposited into your casino account instantly. Zodiac Casino, Captain Cooks Casino and Luxury Casino are some of the best online casinos that accept this payment method.



Paysafecard


Ukash


Ukash is just like spending physical money, you do not need a credit/debit card, you do not need a bank account, you do not need to disclose personal information, nor do you need to register anything. Deposits take place at the casino in real-time.


How to purchase Ukash


You can use physical money that you have or a credit/debit card to buy an Ukash voucher. You can globally buy an Ukash voucher at various outlets, including:



  • Petrol stations

  • Post offices

  • Supermarkets

  • Bottle/liquor shops (Off-licenses)

  • Newsagents

  • Local convenience stores



Click here and find a Ukash outlet near you. You can select your country by using the drop down menu.


Ukash is available to purchase from your mobile phone and online in some countries. Find out at the Ukash website whether this is an option in your region. Chances are that Ukash will soon be available for purchase online 24/7, whether you do so from your own home or an Internet café.


Depositing money using Ukash



  • Go to the casinos ‘Bank’ section

  • Select the ‘Ukash’ option

  • Enter the amount you are going to deposit and the 19-character PIN code from the Ukash voucher

  • Follow the instructions, and you will find that the funds are deposited into your casino account instantly.




EntroPay


You can use an EntroPay account to deposit money into your casino account. It functions as a prepaid online account and it provides you with an EntroPay Virtual VISA card. You are able to use this card online anywhere that VISA is accepted.


How do you fund EntroPay?


You can use your regular credit or debit card to fund your EntroPay account. This allows you to load funds directly onto the EntroPay Virtual VISA Card.


Depositing money using EntroPay


Just as you would use a traditional VISA debit or credit card, you can log into your casino account and deposit the money with EntroPay. The only difference is that you use a virtual credit card. Zodiac Casino, Captain Cooks Casino and Luxury Casino are online casinos that accept this payment method.


ClickandBuy


ClickandBuy provides players with a free, secure, and efficient method of depositing cash online. There is a wide variety of funding options available, suiting anyone’s preferences.


Click here and sign up for ClickandBuy.


How do you fund ClickandBuy?


There is a variety of ways to fund a ClickandBuy account. These options include:



  • Telephone

  • Vouchers (Payzone UK etc.)

  • Bank account (direct debit/online money transfer)

  • Credit or debit card



Depositing money using ClickandBuy


In order to make a deposit using ClickandBuy, you have two options



  • First, fund your ClickandBuy account with one of the aforementioned options. Fund the ClickandBuy account before you login to your casino account.

  • Login to your casino account first and select the ClickandBuy option from the instant funding options.



clickandbuy-casino-en-ligne


Zodiac Casino, Captain Cooks Casino and Luxury Casino are those online casinos that accept this payment method.


ecoPayz


ecoPayz is a secure online payment service. It allows customers to deposit funds in their own country, using their own local currency by using a chain of ecoPayz-affiliated banks.


How do you fund ecoPayz?


It is possible to fund your ecoPayz in a number of different ways. These include:



  • EFT (Canadian bank accounts)

  • Instant bank transfer (not available for all countries)

  • Local and international bank deposit

  • Credit or debit card



Depositing money using ecoPayz


After you have funded money by using ecoPayz, you can fund your casino account rather easily:



  • Go to the casinos ‘Bank’ section

  • Select the ‘ecoPayz’ option – login with your ecoPayz account information

  • Confirm the deposit details

  • It should only take minutes before your casino account is credited with the funds. Zodiac Casino, Captain Cooks Casino and Luxury Casino are those online casinos that accept this payment method.





So, let's define, what was the most valuable conclusion of this review: Find the most reliable and safest online casino banking methods in Canada, ranging from credit cards and e-wallets to prepaid cards and direct bank transfers. at Safest Casino Banking Options in Canada

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