Loonio vs Other Payment Methods
| Feature | Loonio | Credit Card | Wire Transfer | Crypto |
|---|---|---|---|---|
| 1 Speed | Instant | Fast | Slow | Instant |
| 2 Security | High | Moderate | High | Varies |
| 3 Bonus Eligibility | Yes | Yes | Yes | Sometimes |
| 4 Convenience | High | High | Low | Medium |
Looking for a faster, more secure way to fund you online casino account in Canada? Our expert gaming team has vetted hundreds of casinos to give the best recommendations for the best Loonio casino options for fast and safe transactions on the go – hassle-free.
Top-rated Casinos That Accept Loonio
Affiliate Disclaimer
Here at Maple Casino, our expert team list and recommend casinos at no cost to you. When you sign up for a casino through our affiliate link and deposit, Maple Casino earns a commission. This does not affect the integrity of our reviews and resources, as we are a completely independent online casino comparison site.
Expert Comparison of the Top Loonio Casinos
Our expert review team has done the spadework and tested numerous online casinos across Canada. Below are four standout sites that pair exciting selections of games with top-tier banking functionality. These four casinos all have deposits and withdrawals via Interac and offer instant payouts to Canadian players.
1. Rooli Casino
Welcome Bonus:
125% Up To $750 + 200 Free Spins
Rooli Casino delivers no-fuss fun with a cheeky racoon mascot and a slick, mobile-first layout. Easy navigation and frequent promos keep players coming back, while strong licensing ensures that Canadian players enjoy trusted security and peace of mind when making bank transfer payments.
What We Like
Extensive list of bonuses
Strict security protocols
What We Don't Like
Invite-only VIP program
No mobile app
5,500+ games
23 banking options
Curaçao Gaming Control Board
It was my first time trying Loonio to deposit, and I was immediately impressed. All I needed was my online banking login to complete the process – and my account was funded almost instantly.
2. Lama Bet Casino
Welcome Bonus:
100% up to $500 bonus + 75 free spins
Striking the perfect balance between quirky charm and serious gaming power, Lama Bet Casino gives you options of over 5,000 online slots to enjoy. With 15+ banking options, including Loonio via Interac – this site is a standout destination for both beginners and seasoned players.
What We Like
Massive welcome offer
Dedicated app
What We Don't Like
50x bonus wagering requirement
No phone line for customer support
6,000+ games
13+ banking options
Offshore Finance Authority
This site instantly got my attention with their dedicated app that makes everything simple – not to mention their enticing interface. I had great options when it came to depositing, with a mixture of e-wallets, bank transfers, and crypto.
3. Boomerang Bet Casino
Welcome Bonus:
100% Up to $750 + 200 Free Spins
Boomerang is an absolute gem of an online casino, offering countless betting options across casino games, live dealer offerings, challenges, tournaments and even a massive number of sports betting options. You simply can’t go wrong when choosing to sign up here.
What We Like
Great mobile app and interface
Weekly cashback with 1x wagering
What We Don't Like
Bonuses not eligible on all deposit options
Payouts can take 1 – 3 business days
2,000+ games
25+ banking options
Anjouan Offshore Authority
I had no issues depositing using Loonio at Boomerang Bet, which meant I could jump straight into their great sportsbook, and have a go at their football market. The $30 minimum deposit does feel a bit steep compared to other sites I’ve used.
4. Mafia Casino
Welcome Bonus:
100% up to $750 + 200 Free Spins
When it comes to online gambling in Canada, one name stands out – Mafia Casino! With over 8,000 online casino games, 17 secure payment options including crypto, and regular bonuses, Mafia casino is an iGaming heaven for Canadian players to enjoy.
What We Like
Exciting loyalty program
Generous bonus for new Canadian players
What We Don't Like
High 50x wagering requirement
Low withdrawal limit for new players
8,000+ games
17+ banking options
Anjouan Offshore Authority
With plenty of payment methods available, I tried Loonio via Interac – my deposit cleared instantly, unlocking the welcome bonus, and I was able to enjoy their impressive selection of slots. It really was a convenient, and hassle-free experience.
Why We Recommend Using Loonio for Casino Banking
Loonio, powered by Interac, offers a unique value proposition to Canadian casino players: it delivers instant transactions without needing to provide sensitive banking information. Out of the many safe payment methods for Canadians, we highly recommend Loonio for it speed, security, privacy, and convenience into one simple-to-use method.
Pros
- Instant deposits and fast withdrawals
- Zero registration or extra accounts needed
- Bank-level encryption and security
- Compatible with most major Canadian banks
- No hidden fees
Cons
- Not supported at all casinos (yet)
- May require switching from traditional Interac if used previously
Loonio is great for players looking for:
Speed
Loonio transactions are faster compared to wire transfers or some e-wallets
Privacy
Your personal information stays between you and your bank; the casino only receives payment confirmation.
Security
Powered by Interac’s trusted advanced encryption, no data gets stored by Loonio.
Budget control
Players can only spend what they have in their account, and no borrowing or credit extensions are given.
Cost-effective
Loonio does not charge you a fee, however, a potential bank or casino fee may still apply.
How to Fund Your Account with Loonio
In short, Loonio acts like an innovative extension of the Interac system. As a transaction modality, Loonio is fast, secure, and convenient to use when playing at a Canadian online casino.
Below, we show you how easy it is using Loonio at an online casino:
- Head to the casino’s cashier/banking section.
- Choose Loonio/Interac as your payment method.
- Connect through your online banking via Interac.
- Approve the payment, and funds reflect instantly.
- For withdrawals, select Loonio again and verify details.
Which Banks Support Loonio in Canada?
Canadian casino players who enjoy offshore destinations for their gambling activity will find peace in choosing the Bank of Montreal and Canadian Imperial Bank of Commerce.
The majority of Canada’s leading financial institutions already support Loonio. These include:
- Royal Bank of Canada (RBC)
- Scotiabank
- TD Canada Trust
- Bank of Montreal (BMO)
- CIBC
- Desjardins
- National Bank of Canada
Did You Know?
If you’ve used Interac before, you’ll already be familiar with how Loonio works, with it’s a streamlined version built for gaming and e-commerce.
FAQs for Canadians Using Loonio Payment
Yes. It’s backed by Interac and uses bank-level encryption.
No. You simply connect via your bank’s online portal.
Generally no, but always check with your casino and bank.
Anywhere from 1 to 3 business days.
Yes, Loonio deposits usually qualify for standard bonuses.
Not yet. But the number is growing fast, especially among Canada-focused casinos.
