American Express Online Casinos in Canada (2024)
In this guide, you will learn all the important facts about American Express and whether it's available in online casinos in Canada.
American Express is a popular payment method, but it is currently not available in online casinos.
Alternatives to American Express
Since there aren't a huge number of AMEX casinos, we recommend exploring other payment methods. Our guide to the best casino payment methods in Canada compares many other options available at Canadian online casinos.
Some top alternatives to American Express include online casinos that accept Interac as a payment method. Similarly, e-wallet options like MuchBetter online casinos are also available and a great choice for those looking to deposit safely. Also, most online casinos offer the option to deposit with Visa and Mastercard.
Canadian Online Casinos that Accept AMEX
Looking for American Express casinos in Canada?
American Express casinos became available in Canada a couple of years ago. Previously, some online casinos accepted AMEX as a payment method, but it is currently unavailable in any of the top Canadian online casinos recommended by BettingGuide.
However, this article will help you learn more about American Express and show you how to use Amex to transfer money to and from online casinos, should it become available one day.
American Express 101: Most Important Facts to Know
What is American Express (AMEX)?
American Express, also known as Amex, is a global credit card network and issuer. It is well-known for its credit card, charge card, and traveller's cheque businesses.
American Express in Canada
American Express was founded in 1850 in Buffalo, New York. The Canadian branch of American Express began operating in Ontario, Canada, in 1853.
In Canada, Amex operates under two corporate names:
- Amex Canada Inc.
- Amex Bank of Canada
Canadians can use American Express online and in-store throughout the country.
American Express Rewards
American Express Canada is well known for its rewards program. Just by using their card, Amex cardholders can earn amazing rewards like:
- Travel points
- Cashback
- Presale event tickets
- Credit card insurance and more
💡 Did you know? Online casinos offer a variety of rewards programs, too. A standout example is the Casino Rewards VIP Loyalty Program, which offers similar rewards to motivate players to keep playing their games on any online platform.
Want an Amex card?
You can apply for an American Express credit card as long as you:
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Are a Canadian resident
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Have a Canadian credit file
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Are the age of majority in your province or territory
How to Use Your Amex at American Express Casinos in Canada
Already have an Amex card? Here’s how you can use it to deposit and withdraw money at American Express casinos in Canada.
- Log in to your American Express casino account
- Go to the banking page
- Choose deposit or withdrawal
- Select American Express as your payment method and enter your credit card details
- Enter the amount you’d like to deposit/withdrawal
- Confirm your transaction
It’s that easy!
What are the benefits of payments via American Express?
There are many advantages to using Amex as a payment method at American Express casinos in Canada.
Let’s take a look at a few:
- Trusted and reliable payment provider
- Large deposit amounts are accepted
- Ability to earn Amex rewards
- Funds deposited instantly
When it comes to deposit transaction speed, Amex is a clear winner, especially when compared to payment methods like bank and wire transfers.
What are the downsides of using American Express?
Many Canadians prefer American Express casinos because of the many benefits. However, there are some downsides to using American Express that need to be considered.
- It is not as widely accepted as Visa and Mastercard, and it is currently not available in any reputable online casino in Canada.
- Less secure than other methods (e.g. e-wallets) because credit card information must be provided
- Processing time for withdrawals can take up to 5 days
- Merchant fees often get passed to players as withdrawal fees
Keep in mind - credit cards often consider casino deposits as cash advances. As a result, you may be charged an extra fee and/or interest on the money you deposit. Be sure to check with your credit card issuer to see if additional fees apply. Foreign transaction fees may also apply.
Even though credit cards are easy to use and flexible, we suggest not using them for online casino payments, even if they're accepted. This advice is because of the risks involved, like getting into debt because of high-interest rates and the chance of spending more than you can afford. It's important to look after your financial health and choose different payment methods that help you spend wisely.
Learn more about responsible gambling to ensure you gamble safely.
FAQs
Are American Express deposits allowed in Canada?
Are there any fees related to using American Express on online casinos?
Thomas is responsible for all content on BettingGuide Canada. With his extensive knowledge of the gambling industry and college degree in law, he knows what you should look out for when choosing the best casino or sportsbook.