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Payment Method InstaDebit
Payment Types
Bank Transfers
Withdrawal Time
1-5 business days
Transaction Fees
Yes

InstaDebit

Instadebit offers an avenue where users can transfer funds from the bank to merchant accounts directly in Canada. It has been in the market for quite some time, having been established back in 2003. It works in a similar manner to using a cheque for online payments. You just need to sign up an account with Instadebit and start using it immediately without the need for account approval or activation.

Signing up requires some personal details like the information of your financial institution or bank and a valid email address. You must enter the last four digits of SIN (Social Security Number) and birth date to confirm identity as well as to protect transactions. You will only need to spare a few minutes for registration which does not cost anything. The account is ready for use after the validation of funding source and a verification of your email address.

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When you want to make payments just select Instadebit at the checkout and log into your account. The payments will be carried out instantly by this service provider. Note that you will pay $1.95 CAD charge if you wish to pay a merchant from your bank account. However, there are no fees limits when making payments from Instadebit balance account. Withdrawing from the balance account to the user’s bank account attracts a charge of $2.00 CAD.

Instadebit is secure and safe, and customers can use it without any worry knowing that the company employs top-grade security measures to secure the client’s details. You can use this payment solution in online casinos and shopping for goods and services on the web.

Benefits and Drawbacks of Instadebit Casinos

The number of casinos that include Instadebit as a banking option is increasing by the day. Operators realize that many gamers love the method because it presents a couple of benefits that may include:

Advantages of Using Instadebit

Disadvantages of Instadebit

There are a couple of weak points associated with this payment method:

Depositing and Withdrawing from Online Casinos via Instadebit

To deposit funds using Instadebit there are a few steps you need to follow:

  1. Look for an Instadebit casino that supports the payment system and sign up for an account.
  2. Choose Instadebit as your preferred payment option.
  3. If you already have an Instadebit account, the next step is to log in. From here, you can choose the amount you wish to credit your account with.
  4. Approve the deposit transaction, and you will receive the cash within no time.

While depositing cash, keep in mind that there is a limit that you must adhere to. The maximum amount that you can deposit is 50k CAD. Some online casinos will also charge gamers a small fee when using this option to make deposits. Instadebit, however, does not ask for any cash to transfer the funds. Top casinos that accept the deposit option include 888 Casino, Spin Palac, Betway, Jackpot City, and Casumo. This does not limit gamers where they want to have a bit of gaming fun because they can choose the gaming platform that delivers the most joy.

It is also important to note that you can also use the method to deposit in a mobile Instadebit casino. In this case, you have to use a mobile browser because currently there is no dedicated app that you can use for the transfers. This allows you to indulge in some gaming fun anywhere you want since the payment method is not only restricted for desktop play.

Advantages of Using Instadebit As a Deposit Method

Utilizing this deposit option comes with its own set of perks.

Withdrawing from Instadebit

You can cash out easily from an Instadebit casino. You will first need to log into your casino account. Find your way to the withdrawal section and choose the withdrawal option. Click on the tab that says withdraw funds from your account. Key in the cash that you would like and hit submit. It will take about 3-5 business days for the amount to reflect in your account.

You also have a choice of transferring the funds directly to your bank account. For this to happen, make sure you are logged into your Instadebit account the second you hit “withdraw funds”.

Sign up for the reliable Instadebit account today and begin making payments from your bank directly without having to prefund the account.

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What is RTP?

RTP, or Return to Player, is a percentage that shows how much a slot is expected to pay back to players over a long period. It’s calculated based on millions or even billions of spins, so the percent is accurate in the long run, not in a single session.


In casino games, the ‘house edge’ is the common term representing the platform’s built-in advantage. For example, it is about 0.5% in blackjack, meaning the casino holds 0.5% of all bets over time.


RTP is the key figure for slots, working opposite the house edge and showing the potential payoff to players.


Let’s consider the example: 
The Book of Dead has an RTP of 94.25%. It means that for every $100 bet, you can expect to receive $94.25 back in the long run. The remaining $5.75 is what the casino keeps.

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