Top Scores For: iDebit
A Canadian based e-wallet, iDebit connects your bank to your online casino account allowing you to make secure and quick payments. What is great about this deposit method is that a large number of Canadian-friendly casinos and Canadian banks accept it, making it a great alternative to the popular e-wallet – PayPal, since it doesn’t work with Canadian online casinos.
iDebit is a remarkably intuitive and straightforward way of depositing funds into your online casino account, and not to mention it’s incredibly fast! Therefore, if you are a Canadian online casino regular, you probably have seen iDebit available as a deposit option already. The e-wallet is becoming increasingly popular for depositing and withdrawing money from your online casino account, and for good enough reason.
Why Use iDebit at Online Casinos?
So, why should you use iDebit as a deposit method at your preferred online casino? There are a few great benefits of using iDebit, including:
Security
When you use iDebit to make deposits and withdrawals, your bank account details are not shared with the online casino in Canada - it stays between you and your bank. Although the iDebit casinos we have mentioned in the table below are secure, it’s always recommended that your bank account details are stored on as few sites as possible. Moreover, since the e-wallet used 128-bit encryption and bank authentication is a part of the payment process, you can rest assured that you are the only one accessing your bank account.
Anonymity
None of your activities at your preferred online casino are recorded when you use iDebit as your casino payment method. Therefore, if you want to keep your gaming activities hidden, iDebit will ensure your bank statements are completely ‘clean’. Furthermore, did you know that some Canadian banks don’t accept withdrawals to casino sites anymore?
This is because of rising concerns that U.S. citizens may be using Canadian banks to avoid the prohibition placed on U.S. banks working with online casino sites. By using iDebit, however, banks have no knowledge whatsoever that funds are being transferred to an online casino, and as far as they are concerned, your deposit could have been made with any online service out there.
Speed
Transactions are remarkably fast with iDebit. Deposits can be done in a matter of minutes; before you know it, you will see the funds available in your account! Think of it just as you would make payments with a debit or credit card, but of course without having to carry that piece of plastic around all day and risk getting it stolen or lost. The deposits limits are typically set by the online casino, and iDebit obviously only allows you to make deposits of the amount you have available in your bank account.
Reasonable Fees
In comparison to other e-wallets out there, the fees levied is very reasonable - a few dollars in casinos that support CAD. Every time you deposit in to your casino account from your bank account using iDebit a few of C$1.95 is charged. If you already have funds in your iDebit account, though, this transaction would be free of cost. As for moving funds from your iDebit account to your bank account, you are charged C$2 per transaction.
Fee Structure
| Transaction Type | Amount |
|---|---|
| Create and Sign up for account | FREE |
| Make a payment from online banking | 1.50 CAD/USD |
| Make a casino payment from your iDebit balance | FREE |
| Transfer funds from iDebit balance to bank account | 2.00 CAD/USD |
| Transfer funds from the casino to iDebit balance | FREE |
How to Deposit with iDebit?
Online casino deposits using iDebit is a simple, and is fairly quick. This is how you would normally make a deposit with iDebit:
- First, you need to check whether your current bank supports payments made with iDebit.
- Set up an iDebit account - it’s a painless process!
- Simply follow the instructions mentioned on their website
- Verify your bank account by entering the details and connect it through the system
- Visit the banking or payment page on your preferred iDebit casino site.
- Select deposit
- Choose iDebit as your payment method
- Enter the amount you are looking to deposit
- Provide iDebit log-in details to approve transaction
iDebit Banks in Canada
The following is a list of all financial institutions in Canada that work with iDebit.
- Bank of Montreal
- Canadian Imperial Bank of Commerce
- Desjardins
- National Bank
- President's Choice Financial
- Royal Bank of Canada
- Scotiabank
- TD Canada Trust
Conclusion
iDebit is an e-wallet that straddles the balance between the convenience of a credit/debit card and the anonymity of a pre-paid card. It’s plain sailing once you have opened an iDebit account, and since it’s a Canadian specific e-wallet, it works with a majority of Canadian online casino sites. Furthermore, as PayPal is not available to Canadian players, iDebit proves the perfect e-wallet alternative to get your money easily and quickly onto an online casino site.
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