Best Mastercard Casinos in Canada Unveiled

The popularity of using Mastercard as a method of payment at online casinos has grown, becoming one of the most trusted methods of making casino deposits. We’re going to take you through the key reasons why you should use this banking method for your transactions.

Top-rated Casinos Accepting Mastercard

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What Are the Different Types of Mastercard?

Mastercard has certainly come a long way from having one credit card to offer their customers. Now, there are three main types of cards you can get, and you can use all three of these types for your online gambling banking needs.

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Credit Cards

While Mastercard has different variations of credit cards, they differ in rules, credit limits, interest rates, and the types of financial rewards that are at your disposal. For example, you might get a Canadian Mastercard credit card that allows you to rack up Air Miles, or the World Elite credit card, which is great to use for travel. But you can also use this card at your favorite casino.

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Debit Cards

Mastercard casinos will also usually accept the debit card, which is called Maestro. This card type works exactly like a debit card, and it might be better for you to use because you can only use the money that is in your account. This is also a suitable alternative for those who do not qualify for their credit card.

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Prepaid Cards

Mastercard repaid cards are similar to debit cards in that you are only using money that is in your account at the time. However, this type of card does not require you to have a bank account. All you need to do is load these disposable virtual cards with whatever funds you need, and away you go. It is also a handy option for those who do not want online casino credit card transactions on their monthly statement.

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Is it better to use Mastercard for online gambling?
Secure transactions are not the only benefit of using Mastercard for online casino transactions. From quick and efficient deposits to easy withdrawals, using it for online gambling transactions provides a seamless and hassle-free experience. In addition, it’s widely accepted by most online casinos, ensuring that you have a wide range of options when it comes to choosing a gambling platform.
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Mastercard Benefits at Canadian Casinos

Mastercard casinos make it easy for online casino players to enjoy seamless deposits. This gives you the option to enjoy their large welcome bonuses and extensive game selections without any hassle.

Pros

  • There is a high level of reliability and security.
  • It’s very popular at trusted online casinos.
  • Transactions are processed at high speed.

Cons

  • Not all online casinos support it as a withdrawal method.
  • Players can incur banking service fees when using this banking method.
  • You have to share your personal financial data.

Are There Any Extra Charges When Using Mastercard?

The short answer is, technically no. The casino itself might have service fees for using your Mastercard credit card on their platform. Casinos can either apply a fixed percentage fee to all Mastercard credit cards or charge an extra fee on certain types of Mastercard credit cards. In both cases, there’s a maximum limit on the charge amount. We advise you to read the terms and conditions at your online casino of choice.

Play Casino games with MasterCard deposits

Top Four Casinos That Accept Mastercard

Even though Mastercard is a popular deposit method at Canadian casinos, some establishments may not accept it for making withdrawals. It is always a good idea to check with the specific casino beforehand to ensure they accept it as a form of payment.

Here’s a list of our top 4 Mastercard casinos:

Top Pick
Welcome Bonus
$6,000
100% Match Bonus Up To $1,500
$2,000 + 300 Free Spins
Why this Casino? Best minimum deposit Mastercard casino Best Mastercard casino for security Best payout casino
Deposits
Min Deposit $5 $10 $10
Withdrawals
Overall Rating
4.9/5
4.6/5
4.7/5

Mastercard Usage Essentials

Just like any other banking method, Mastercard casinos have rules that you must adhere to when processing payments. These are some rules you need to think about when choosing this payment method:

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Legal gambling age requirement

You must be of legal gambling age in your jurisdiction.
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Turnaround times

Processing time depends on the online casino’s policy. It can vary from a few minutes to several days.
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Withdrawal verification requirements

Some casinos require verification documents before processing a withdrawal. These documents may include a copy of your ID, utility bills, or bank statements.
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Transaction fees

They treat online casino transactions like cash advances, which can lead to higher fees and interest rates.

How to Get a Mastercard In Canada

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Do your research

To get a Mastercard in Canada, you can start by researching banks that accept online gambling. To save you the trouble, here is something to consider: Only the Canadian Imperial Bank of Commerce and the Bank of Montreal (BMO) direct deposits into Canadian and offshore casino accounts.

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Prepare your documents

Once you have identified a suitable bank, you will need to meet their eligibility criteria and complete the application process for a debit or credit card. This typically involves providing personal information, such as your employment details, as well as your residential address.

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Open an account

You can either apply online or visit a branch of the bank to complete the application process. Applying online is usually faster and more convenient, but if you have any specific questions, visiting a branch may be a better option for you.

Is it safe to use Mastercard at an online casino?

If you are still asking yourself if gambling online in Canada is safe, you can rest assured that it is. The Canadian government has strict regulations in place to ensure the safety and security of online gambling platforms. Some security measures from Mastercard casinos include:

  • Using advanced encryption technology to protect their players’ personal and financial information.
  • By default, Mastercard casinos have fraud prevention measures.
  • The Mastercard SecureCode safeguards your card against unauthorized use. It also has a feature called “3D Secure,” which redirects you to your bank’s website to verify your identity before you complete the transaction.
  • Because they offers zero-liability protection, you won’t be held responsible for unauthorised charges.

Mastercard Deposit and Withdrawal Options

You can use Mastercard at the majority of Canadian online casinos, at least for deposits. Depending on the online casino, deposits are either processed instantly or within a day. Reputable online casinos typically lay this out for you in their banking terms and conditions, so make sure to read up on them.

 

How to deposit money?

The process is relatively simple and this is how you can make a deposit:

  1. Select your favorite gambling site.
  2. Create an account.
  3. Go to the payment page.
  4. Add your card details
  5. Wait for the confirmation.

How to withdraw money?

In provinces like Ontario, which has stricter online gambling regulations, online casinos may face limitations on accepting Mastercard as a withdrawal option due to legal compliance requirements. In this instance, they will choose to prioritize other withdrawal options such as e-wallets or bank transfers, which may offer lower transaction costs or faster processing times.

If your casino allows you to make a withdrawal, this is how you can do it.

  1. Navigate to the casino’s withdrawal page.
  2. Choose Mastercard as a payment method.
  3. Fill in your details, card information, and withdrawal amount.
  4. Wait to see your cash appear in your account.

 

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Do all Canadian provinces accept Mastercard?
Debit and credit cards from major card companies like Mastercard are generally always accepted in Canada. There may be some exceptions, such as certain stores and merchants that only take cash. Mastercard is also not accepted at retail chains or online casinos that have an exclusive agreement with another card network but this is rare, as this payment method is widely used across all Canadian provinces.

Alternatives Payment Methods to Mastercard

If your casino does not allow for withdrawals, you can use these payment method alternatives to access your winnings. One option is to use a prepaid Mastercard, which allows you to load money onto the card and use it for gambling online. Another alternative is to link your account to:

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