Best Mastercard Online Casinos in Canada 2024

Mastercard is a common payment option for gamblers at online casinos. Thanks to its widespread acceptance in different countries, this method of payment ranks high among those available for both in-store and online purchases. Mastercard is also one of the largest issuers of credit and debit cards, and it works with over 25,000 banks and financial institutions globally and in Canada. When it comes to protecting their clients’ information, Mastercard excels. Cardholders in Canada can take advantage of Mastercard ID Fraud Protection, a free service that can help identify and stop identity theft. Mastercard’s plastic cards are more secure and dependable than ever thanks to cutting-edge chip technology. 

Players who make transactions in online casinos can enjoy the extra layer of security provided by Mastercard SecureCode. Like a PIN at an ATM, this is a one-time use code that users must enter before a purchase can be completed online. Players can also apply for tokenization which allows them to submit a token instead of the card’s 16-digit number when depositing at an online casino. Over its many years in business, the company has amassed an impressive collection of awards, including multiple appearances in Fortune 500 issues and dozens of other prizes. Fortune listed Mastercard as the seventh company to “Change the World” in 2016. In 2015, 2016, and 2017, Forbes named it one of the World’s Most Innovative Companies.

Depositing at online casinos that take Mastercard is simple. Of course, you can’t deposit crypto like Bitcoin using this payment method, but you can make transactions in CAD. However, you must first sign up at the online casino before you can fund your account and play for real money. Most times, you simply have to visit the gambling platform and choose the appropriate option to register. Then, you enter the information required and complete the registration process. You might also need to confirm your account before depositing on the platform. Once the registration is complete, follow these steps to fund your account at an online casino using Mastercard. Note that these steps may differ slightly, depending on the online casino. 

1. First, log into your account and navigate to the cashier.
2. From the list of payment options, choose Mastercard.
3. Next, enter the amount you want to deposit (note that there are usually minimum and maximum payment limits).
4. Following the onscreen instructions, enter your card information, which includes your card number and security code.
5. Complete the transaction. The cash should reflect in your gambling account within a few minutes. 
6. You can then claim the bonus (if one is available and you’re interested) and play games for real money. 

Cashing out your funds from an online casino that takes Mastercard is just as easy as putting money in. To make sure everything goes smoothly, players should make an online casino Mastercard withdrawal with the same card they used to fund the account. Online casinos usually set limits on how much you can cash out at once. Aside from that, there’s a minimum amount you can cash out when using Mastercard. Many online gambling platforms will let you withdraw at least $20 at a time, and there are limits on how much you can take out at once. 

It’s also important to note that online casinos take some time to process withdrawal requests, and this could be between a few hours and a few days. Once the payment has been made, it could take Mastercard another day or two to process the request. Aside from this, many gambling sites would want to verify your account before approving your withdrawal request, which could delay your funds further. So, you might have to wait up to five days to get the cash you withdrew from the online casino. Also, not all Canadian online casinos will let you cash out to a Mastercard. If this is the case, you will have to find another way to withdraw. The following steps detail how to cash out from a Mastercard withdrawal casino. However, you should note that there might be slight differences, depending on the online casino.

1. Log into your account and navigate to the cashier or the payments page.
2. Choose Mastercard as your preferred withdrawal option.
3. Enter the amount you want to cash out (ensure you pay attention to the minimum and maximum limits).
4. Fill in the details as required by the online casino and submit the request.
5. As noted earlier, you’ll have to wait for some days for the funds to get to you, and this could be anywhere from one to five days. 

Some online casinos don’t charge fees for making transactions on their platform. However, this is not always the case, as some gambling sites will charge you a certain fee for cashing out. If so, you can learn more about the applicable fees on the payments or terms and conditions page of the online casino. Regardless of whether the casino charges fees or not, you must pay a commission of between 2% and 3% when you cash out with Mastercard. 

Mastercard is undoubtedly one of the most-used payment methods for online transactions, including online casinos. Different types of these cards are available, and you can use them for transactions at an online casino. There are online casinos that accept prepaid Mastercard, debit cards, and credit cards for deposits, and sometimes withdrawals. You’ll also find online casinos that accept Vanilla prepaid Mastercard. Even if you’re not tech-savvy, you’ll have little or no problem using this card to deposit and cash out at an online casino. Simply visit the cashier, choose Mastercard as your preferred banking option, and follow the onscreen instructions to complete a transaction. Deposits take only a few minutes to reflect in your gambling account. On the other hand, withdrawals might take up to five days before the funds arrive in your bank account. While the best Mastercard online casinos in Canada might not charge you anything for making transactions, you’ll have to pay fees between 2% – 3% when you use the payment option for withdrawals. Gambling platforms that accept Mastercard are also safe, provided they operate with a license from reputable regulatory authorities. Plus, the payment provider has security measures in place to ensure the safety of your funds.