Find Casinos Accepting Credit Cards in Canada

Credit cards are connected to bank accounts and banks are notorious for strict security measures, in order to protect the funds of customers. This level of security is a standard feature of most reputable credit card companies. Beyond security, another benefit is that all credit card transactions are easily and quickly processed with no fees, unless the casino charges them. Sometimes, there may be extra fees.

Credit cards are used, basically, anywhere in the world. Visa and Mastercard are the two biggest names in the industry and are widely accepted by the biggest casinos and online merchants.

In order to encourage you to use your credit card frequently, several banks offer reward schemes. For instance, you can receive a flat rate that always pays the same amount or cash back of up to 2% for each dollar spent. Some will provide you with unique points or miles that can be redeemed for international travel. We recommend you check if your gambling purchases are eligible for your desired loyalty program.

Keep track of your budget and expenditure. We encourage you to bet and play responsibly and if you use your credit card, it’s easy to track the payments.

We all know that if you misuse your credit card and miss payments, this could result in problems with your credit score. If however, you use your card properly and make your payments on time, this behavior can improve your credit score. Try to make payments on time in order to keep your credit score in the green.

This is a general bank policy, and it states that their cards are not going to work for online gambling and that they don’t condone it in any way. They further state that it depends on how the website is registered. For example, their cards will work fine for gaming sites, such as Xbox, eSports, entertainment or possibly sports betting. They would, however, ban any gambling site filed under gaming.

In terms of lotteries and gaming at land-based casinos, it depends on how the merchant processes it. Their card will work at land-based casinos and could work for some lotteries. They avoid gambling as much as possible due to money laundering.

The theme is pretty much the same with Bank of Montreal: they don’t condone, support or allow sportsbook action in any way. They say that their terms and conditions give them the option to close your account if you continue to try using their cards for an activity that’s prohibited.

At the same time, they also don’t frown upon or block gaming sites. If you happen to be using the card for a gaming site for a few years and then later on they found out it was gambling, you wouldn’t be penalized in any way. Our research found that while they are outwardly very stern about threatening to close accounts, but they don’t actually pursue that avenue very often as they don’t want to lose customers.

There’s no surprise here, as Toronto Dominion lines up with all the other banks. They publicly state that they don’t allow credit cards for gambling online in any form whatsoever. They don’t want their customers involved in that and if they find out, they will block it. Their policy is no different from the others, as it seems pretty clear that all the major banks are on the same page.

CIBC’s online gambling policy lines up with just about everyone else on the block, they don’t allow it. We have, however, found that certain online sportsbooks have accepted their cards. For example, transactions on a CIBC Visa went through at one of our selected casinos and each charge was simply filed away as a cash advance.

RBC directly states that the use of their credit cards for gambling is not acceptable. They do not condone it in any way, shape or form. In terms of land-based casinos, their credit and debit cards will work just fine. In most cases, the use of credit cards for gambling will be posted as cash advances. Those come with a separate set of fees, so keep that in mind.

In terms of the lotteries, it depends on the province. BCLC and Pro Line are not allowed with the card. However, we were able to buy a Pro Line ticket with a credit card, as it seems to depend on where you are. If you’re at a Shoppers Drug Mart or a Mac’s, they may not specify what the purchase is for and the card will go through.

In general, any type of sportsbook activity is blocked. They say it’s blocked for reasons of website security, such as hackers and stolen cards.

Always make sure the casino you want to use to play accepts your credit card. While almost all online casinos accept the major credit cards, there could always be situations where they don’t.

Setting a budget when gambling online is always very important, but if you’re using your credit card, it is even more so. Credit cards allow you to access money that you don’t necessarily have and pay it back later. Under no circumstances should you exceed your planned budget on your credit card and max it out, as this will put you in unnecessary debt.

If you plan on using your credit card, check if the casino allows you to use it for withdrawals as well. If it does not, make sure there is a different withdrawal banking method you are happy to use, or find a different casino.

When you’re choosing a payment method for online casinos, the processing speed is definitely one of the most important factors you need to consider. We look at a method that will allow you to deposit and withdraw money quickly and easily.

Some payment methods like credit cards can charge high transaction fees, but alternatives, such as e-wallets, can have much lower fees. When choosing your ideal payment method, remember that some actually offer bonuses or rewards, so it may be beneficial for you to opt for these.

This may be the last point, but it certainly isn’t the least important, security is of the utmost importance when it comes to online gambling. The casinos we select are above board and typically use SSL (secure sockets layer) encryption methods to ensure that your money is safe and secure.