Mastercard Casino – Canada’s Favourite Credit Card
Do you wish there were Mastercard casinos in Canada? Consider your wish granted! There are plenty of premium Canadian casinos that support this payment option for making both safe and secure deposits and withdrawals.
Want to find the best Mastercard casino of 2020? You’re in the right place! We’ve put together a comprehensive list of today’s premium brands that offer the highest-quality iGaming experiences to our fellow Canadian players.
Canadian Casinos that Accept Mastercard
Canada and Mastercard – An Ideal Choice
In addition to being one of the most widely recognized and used digital payment options in the world, Mastercard also happens to be the most popular credit card in Canada.
Why do we as Canucks turn to Mastercard over other credit-based payment options? The reason is that it offers a number of sweet benefits and many of these benefits extend to Mastercard online casinos.
- A trusted payment method that’s been around for over 50 years
- An extremely safe and secure method for transferring funds
- Simple to use for making payments
- Supported by most Canada casinos
- Instant deposits
- Make withdrawals to your credit card
- Eligible for casino bonuses
- Mobile friendly
- Track your payments and budget with ease
Types of casinos that accept MasterCard
As previously stated, Mastercard is the most popular credit card in Canada. Therefore, it obviously makes sense that it would be one of the major banking solutions offered at most Canadian online casinos.
With that in mind, you can expect to find Mastercard available at these types of casinos:
Mastercard mobile casinos
Not only can you pay for purchases at several retailers using Mastercard mobile payments, but you can also use this online payments option when you enjoy real money casino games on your mobile, too! You’re only a Mastercard deposit away from experiencing premium on-the-go gambling fun with slots, table games, live casino games and more!
Mastercard live casinos
Internet casinos that invite you to play live dealer versions of hot casino classics like Live Roulette, Blackjack, Baccarat, and Poker, are also Mastercard-friendly. Choose this banking method any time you’d like to enjoy live casino game action with real human croupiers in real time, via your desktop or on mobile.
Mastercard bonus casino
You won’t have a problem using Mastercard at online casinos in Canada that offer welcome bonuses, free spins, promotions, tournaments, VIP programs and so on. If it’s perks you’re after, the Mastercard Canada casinos that give you the chance to claim them will let you do so with this payment option. All you have to do is make the necessary deposit to claim the offer!
Deposits and Withdrawals with Mastercard
Whether you’re adding funds to your casino account or you want to cashout, the best Canadian casinos that accept Mastercard make this process straightforward and swift.
Plus, depending on the Canada casino you choose for your online gambling thrills, you might find that they offer more than just Mastercard credit cards as an option. Some may also support Mastercard debit and prepaid cards. Here’s the difference between each type of card.
- Mastercard credit card – Make deposits on credit and pay later.
- Mastercard debit card – Make deposits with funds deducted directly from your primary bank account.
- Prepaid cards – Make deposits with money that has been preloaded onto a card
To get a Mastercard credit, debit or prepaid card, you simply need to apply for one from a financial institution that issues these cards. Mastercard has several bank partners in Canada (e.g. BMO Bank of Montreal, MBNA, Capital One, Desjardins, etc.), so finding an issuer should be relatively easy.
Now that you know what card options you have, the following is a basic rundown of how to deposit and withdraw funds from a Canadian Mastercard casino.
How to Deposit at Mastercard Casinos in Canada
- Sign up for a free casino account by following the simple steps
- Go to the Cashier/Payments area and choose “Deposit”
- Choose “Credit Card” or “Mastercard” as your payment method
- Enter the amount you want to deposit as well as the necessary personal details linked to your card (e.g. name, card number, CSV (Card Security Value) number (the 3 or 4-digit number unique to each card), etc.
- Confirm your deposit
Once confirmed, your funds should show up in your account right away!
How to Withdraw with Mastercard at a Canadian Casino
- Make sure you are logged into your account
- Go to the Cashier/Payments area and choose “Withdraw”
- Choose “Credit Card” or “Mastercard” as your banking method
- Enter the amount you want to withdraw
- Confirm your withdrawal
After completing all the steps, the casino will proceed to process your request. Once verified, it usually takes 3 to 5 business days to receive your money.
Remember that when you make your first withdrawal you will be required to verify your ID. This is done by sending the casino copies of your personal documents, such as a copy of your driver’s license, recent utility bill and the front and back of the Mastercard credit card you’re using. This is for security reasons and to prevent fraud. The good news is that you should only be required to complete this process once, unless you use a different credit card.
Advantages and Disadvantages of Using Mastercard
Although we believe that Mastercard is a fantastic and secure deposit and withdrawal method, it is important to us that we always give you our honest opinion. As such, you should know that aside from the benefits of Mastercard casino banking there are a few drawbacks, too. It is important that you are aware of both to make sure that this is the ideal online payment option for you.
Mastercard Pros | Mastercard Cons |
Mastercard is widely accepted at most Canadian Casinos. | You will need to enter personal details, including your name, credit card number and the CSV number. ** |
Rapid deposits. Funds are transferred near instantly. | Withdrawals can sometimes take up to 5 or more business days. |
Make a deposit using a Mastercard credit card, debit card or prepaid card. | Some online casinos do not support Mastercard withdrawals while others support only certain options (e.g. credit cards but not prepaid cards). |
Enjoy the freedom to make large deposits. | Using a credit card for gambling requires self-control. It is easy to overspend if you are not careful. Always play responsibly and never bet beyond your means. |
It is normal for a casino to request your Mastercard details when using this banking method. You can trust that the Mastercard online casinos we’ve listed have high security so your funds and personal details are safeguarded, always.
Mastercard Casino FAQ
Is it safe to use Mastercard at online casinos?
Of course! If it wasn’t, we certainly wouldn’t dedicate a page recommending to you Canadian casinos accepting Mastercard. More to the point, you can make deposits and withdrawals worry-free at reputable gambling sites as they protect your funds transfers with SSL encryption protocols. Moreover, your card issuer will also have security measures in place to protect you against identity theft and online fraud.
Are there deposit and withdrawal limits?
Yes. In fact, all casino banking options are subject to these limits. In the case of Mastercard online casino payments, generally speaking, minimum deposits are CA$10 and maximum deposits are CA$50,000 or less. The maximum amount you can deposit will vary depending on both the casino and your card’s limitations as per the issuer’s regulations. In terms of withdrawal limits, this information is often provided in the Cashier when you’re ready to cashout. You can also contact the casino’s support if you’d like to learn more.
Are there Mastercard casino banking fees?
While the financial institution who issued you the card may charge you a fee to use it based on the type of Mastercard you have, an online casino itself should not charge you a transaction fee.
Do funds transfer fast?
Once you make your deposit, your funds should appear in your account within a matter of seconds or minutes. Mastercard withdrawals are not as fast, however. While sometimes withdrawals can occur in as little as 1 day, after the initial casino processing period, on average it take anywhere from 3 to 5 business days for money to appear on your card or in your bank account.
Can I use someone else’s Mastercard to make a deposit?
No. For security reasons, you can only use a card that is in your legal name.
Is Mastercard better than Visa?
Honestly, when it comes to credit card online casino payments, there isn’t much of a difference between these two options in terms of making deposits and withdrawals. We recommend that you choose the card that you like best and that you think will provide you with the best benefits based on the types of Mastercard credit cards an issuer offers.