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Interac processed more than 1.8 billion transactions in 2023 alone, and you can be sure a lot of those wš’ƒere related to sports betting. Here, we bring you the best Interac betting sites in Canada, along with guidance on depositing and withdrawing using Interac, and an exploration of its various features.

100% Deposit Bonuļ·½s up to $40 +šŸŽƒ $10 Free Bet 

Payment methods:
Visa
Mastercard
Apple Pay
Trustly
Paysafecard
+3
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  • Claim the welcome offer using Interac
  • Max deposit via Interac is $2,500
  • Offers Canadian Dollar, and French-Canadian language
MAIN FEATURES
UK Gambling Commission
Livestreaming
VIP Programme
Cash-Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1997
MAIN FEATURES
UK Gambling Commission
Livestreaming
VIP Programme
Cash-Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1997

18+. New customers only. Min Dep $10. Debit cards only. Opt in for bonus funds. Wagering, sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Sports bonus must be wagered before using the casino bonus. Valid for 7 days. Geographical Restrictions Apply. Full T&Cs apply. Bet Responsibly. #ad

  • Monthly max Interac deposit is $40,000
  • Helpful tips on how to use Interac
  • Interac deposits eligible for the sign-up bonus

18+ Open a Sports Interaction account. Deposit $10 or more. We'll match your deposit with a 125% bonus up to $250. Bonus must be wagered 6 times on deposit plus bonus on sports bets at odds of 1.50 or above. Full T&Cs apply. Bet Responsibly. #ad

Interac e-Transfer is a fast and easy way to deposit and withdraw funds from Interac betting sā™‰ites using your bank account.

All you need to do is link Interac to any of the nearly 300 affiliated banks to get sā™‘tarted. Once connected, you can swiftly and securely transfer funds. All sites that accept e-transfer also accept Interac, making it one of the most widely available payment services, extending š“†beyond the realm of sports betting.

In fact, since this payment method was developed just for Canadians, CAD is the main currency ā€” goodbye currency conversion fees! Finally, Interac also offers a debit service, which is a standard debit card that can be used internatišŸŽonally.

Making an Interac deposit šŸ¦„is super easy, and the process is similar to what you would normally do to pay a regular business. If youā€™ve never done this before, hereā€™ź¦¦s a quick rundown.

  1. Head over to your bookmakerā€™s deposit page and input the amoušŸ—¹nt youā€™d like to deposit.

  2. Select ā€˜GešŸ§ønerate Payment Detailsā€™ and choose the account you would like the funds to be taken from.

  3. Log in to your bank account app or website.

  4. Select e-transfers and choš“†‰ose Interac.šŸ”Æ Youā€™ll be asked to add the payment details which you generated from the bookmaker.

  5. ź§‘ Enter any security questions asked by the bank, and youā€™re all set.

The transaction is instant and will be confirmed via email or message.

The Interac withdrawal process is just asā™› simple, although there are a couple of things to keep in mind. Firstly, youā€™ll need to have made a deposit using Interac before withdrawing, which is standard practice.

Also, most Canadian sportsbooks require you to place bets and verify your account before requesting a withdrawal. Check your bookie's T&Cs to be sure. Once thatā€™s done, youź¦Æ can go on to actually wįƒ¦ithdraw.

  1. Hą± ead over to the bookmaā€kerā€™s withdrawal section.

  2. Select the Interac e-transfer withdrawal method and the amount. Hit ‘Withdraw' and await instructions by email or phone.

  3. šŸ» Go to your selected bank account and follow the instructions āœ¤sent to you.

How Long Does an Interac e-Transfer Withdrawal Take?

This is enā­•tirely depenšŸ’œdent on the bookmaker; all Interac betting sites have their own withdrawal policy. From Interacā€™s end, withdrawals could take up to a few minutes.

BookmakerProcessing Time
UnibetUp to 72 hours
Sports InteractionUp to 48 hours

While technically, Interac itself is completely free, you may be subject to fees and limits by either your bookmaker or bank. Luckily, š“†‰bookies almost never charge anything for Interac transfers, but itā€™s best to check beforehand to avoid disappoišŸ¦‹ntment.

These are the fš“„§ees and limits for our bookies:

BookmakerDeposit Daily LimitWithdrawal LimitDeposit/Withdrawal Fee
UnibetCA$2,500CA$9,999No fees
Sports InteractionCA$3,000CA$5,000No fees

There are almost 300 banks that offer the use of Interac e-Transfers, which makes them impossible to list here. To give you a general idea, below are some limits thašŸ€…t apply with the leading Canadian banks when it comes to this payment service.

BankLimits to sendLimit to receiveFees
HSBC CanadaCA$10,000 per weekCA$25,000 per transactionNo fees
Chrisitan Credit UnionCA$10,000 per weekCA$10,000 per transactionReceive: No funds
Send: CA$1.50

When Interac sports betting, one of the first things you should kšŸŒeep in mind is safety. Interac is a highly secure payment method, ensuring your peace of mind with its array of safety features designed to protect you every step of the way.

  • List Icon

    Encryption for transactions

  • List Icon

    Authentication measures at several intervals

  • List Icon

    Secure passwords

  • List Icon

    Confidentiality between Interac and your banks

Ü« Interac also suggests exercising caution when sending money or replying to messages or emails which may be fraudulent.

Interac e-Transfer betting sites offer it for a reason, and that reason is the methodā€™s availability and securā™Žity, among other things. Still, itā€™s important to consider both the positives and the negatives before using this payment method.

Pros:
  • Supported by most financial institutions
  • No fees for deposits and withdrawals
  • Make deposits directly in Canadian dollars
  • Itā€™s an extra safety net for your funds
Cons:
  • Withdrawals take up to three days
  • Limits can be relatively low
  • Some banks & bookies still donā€™t offer the service

So, we can all agree that Interac can be an excellent choice for Canadian punters, but how does it compare to some of the other big hitters in the Canadian betting market? Letā€™s find out.

Interac e-Transfers vs Instadebit

Instadebit works in a similar way to Interac and offers a few standout features, including a fast, safe and secure system, as well as 24/7 live support. There are a few drawbacks, though, namely a shorter list of participating banks, and most glaringly, you can only link it to one bank account.

Winner: Interac e-Transfer

Interac e-Transfers vs iDebit

The best iDebit feature išŸ½s that the service is free for merchants, which means you can send and spend witšŸŽ€hout losing money on extra charges.

On the other hand,ź¦… the šŸŒ¼main drawback of iDebit payments is the limited number of available banks. Theyā€™re also held back by the amount of bookmakers which accept iDebit, compared to those that work with Interac.

Winner: Interac e-Transfer

Interac e-Transfers vs Debit Cards

 While Interac and debit cards offer a very different product in general, they are similar in the sense that yā™ou can use both to deposit and wš•“ithdraw funds from any Canadian bookmaker.

The whole point of Interac is that youā€™re adding an extra layer of security to a debit card, and it gives you a wider choice of bookmakers. The counter argument is that you need a debit card/bank account to actually use Interac ā€” you canā€™t have one without the other.

Debit cards can be used for promotions just like Interac; however, debit card limits are normally much higher. This makes debit cards an ideal choice for high-rollšŸŒ³ers.

Winner: Draw

Interac e-Transfers vs PayPal

One more option worth checking out is PayPal ā€” another massive payment service. Letā€™s start with the positives: PayPal is a worldwide bršŸ”œand with a huge list of available bookmakers, and boasts better limits as well as free payments.

One key disadvantage of PayPal, however, is that there are fees for currency conversions. Secondly, most bookmakers wonā€™t allow you to clšŸ·aim any promotions uį€£sing this service.

Winner: Interac if you love a promotion (who doesnā€™t?)

If you're based in Canada, there are tons of Interac betting sites, and weā€™ve given you the top ones when it comes to betting limits, availability of boź¦†nuses, and associated fees.

Yes, Interac is an excellent choice foź¦r both deposits and withdrawals. Most bookmakers will offer it with minimal to no fees.

Just aboutš† every Canadian sportsbook accepts Interac. The ones on this list deā™‹finitely do, and are great options for Interac betting.

Interac is a completely safe service ā–Øto use and is in fact one of the most used in Canada, with 1.18 billion e-transfers in 2023.

Yes, in most cases bookies will have some sort of daily, weekly or monthly limits to transactions. Thiܫs is generally around CA$3,000 for deposits, and slightly higher for withdrawals.

This depends on the bookmaker, but the bookies on our list all accept Interac for welcome bonuses. We still suggest checking out the terms and conditions before using a welcošŸøme offer.

Author Avatar
WRITTEN BY Jeremy Sant Fournier šŸŒ   View all posts by Jeremy Sant Fouš’ˆ”rnier āœ…

If thereā€™s one thing Jeź¦æremy loves, itā€™s sports. A football fanatic at heart, Jeremy can always been found watching, playing or talking about sports. Itā€™s in his blood, and with a keen interest in sports bettingā™Š, sports writing is a match made in heaven.

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