Fastest Paying Online Casinos in Canada (2022)

  • Grand Mondial Deposit CA$10 Get 150 Spins
    • 24/7 Support
    • Trusted Brand Since 2006
    • Canadian Gambling Licence
    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • 888Casino Join 888casino Today!
    • 1000+ Casino Games
    • Fast Withdrawals
    • High Payout Percentages
    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Casino Classic 1 No Deposit Free Spin + Deposit $1 for 40 Extra Free Spins
    • 24/7 Support
    • Over 550 Casino Games
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Golden Tiger Claim up to C$1500
    • 550+ Casino Games
    • 95.79% Payout Percentage
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Zodiac Casino Deposit $1 Get 80 Spins +100% Bonus up to CA$100
    • Over 550 Casino Games
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Captain Cooks Casino Deposit $5 get 100 Spins +100% Bonus up to CA$100
    • 20+ Years Experience
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Yukon Gold Casino Deposit CA$10 and get 150 Spins +100% Up to CA$150 Bonus
    • Massive Jackpot Casino Games
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Luxury Casino $1000 Welcome Bonus
    • 97% Payout Percentage
    • Over 500 Casino Games
    • Trusted Canadian Brand
    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • LuckyDays Up to $1500 Welcome Bonus +100 Free Spins
    • New Canadian Online Casino (2020)
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.
  • Spin Casino C$1000 Deposit Bonus
    • Trusted operator since 2001
    • 600+ Games
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    19+. Gambling can be addictive, please play responsibly. Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario.

Fast Paying Casinos in Canada

Online casinos differ from land-based casinos in that you can’t always get your winnings instantly. However, it is possible to find quick withdrawal casinos online. Fast withdrawal casinos in Canada allow you to collect your winnings as soon as possible.  

Our casino experts have sorted through the best online casinos and brought you those with the fastest payout. Here’s everything you need to know to cash out quickly!

What Is a Fast Paying Casino?

A fast payout casino is an online casino that allows players to withdraw money quickly.

When looking for the best fast payout casino, consider the following:

  • Is the casino licensed?
  • Which payment methods are available?
  • Is there a reliable customer service team on hand?
  • Does the casino offer a good selection of games?

Several factors affect the speed of a payout, including:

  • Processing Time
  • Know Your Customer (KYC) Checks
  • Payment Method Used

Processing Time

All online casinos are obligated (by guidelines and regulations) to hold withdrawn money for at least 24 hours.

This is referred to as processing time. Processing time allows the casino to verify the identity of the player. This is important because it helps to reduce fraud.

During this period, players can reverse their withdrawal, if they’d like.

Know Your Customer (KYC) Checks

It is common for an online casino to perform a KYC check before a user can withdraw their winnings.

A KYC check, or Know Your Customer check, involves validating a person’s identity. Banks and investment websites also use this type of identity verification. 

To prove your identity and address, you can provide any of the following: 

  • Driver’s license 
  • Government-issued photo ID  
  • Passport 
  • Utility bill 
  • Credit card with your name on it 

KYC checks help to prevent: 

  • Identity theft 
  • Terrorist financing 
  • Money laundering  
  • Financial fraud 

There are three basic steps to completing a KYC. Here’s how to complete your KYC check: 

  1. Enter information - fill out the online form in your fast pay casino account with your personal information and address. 
  2. Upload documents - take photos of important documents and selfies to verify your identity. 
  3. Verify information - the online casino will compare the information and documentation to confirm that all details are correct.

Payment Method Used

There are many options when it comes to cash out methods. However, the method you choose to use will greatly impact your withdrawal time.

For a quick withdrawal, you’ll need to use a fast payout method.

Fastest Paying Online Casinos in Canada

There are many great online casinos that are legal and safe for Canadians. However, not all online casinos are quick withdrawal casinos.  

Here is a list of the best online casinos with the fastest payout in Canada:

#1 Fastest Paying Casino - Grand Mondial 

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: e-Wallets (Skrill, Neteller), Interac E-Transfer

#2 Fastest Paying Casino - 888Casino

  • Processing time: 1 to 2 days 
  • Transaction time: 1 day 
  • Total withdrawal time: 2 to 3 days 
  • Fastest withdrawal methods: e-Wallets (ecoPayz, MuchBetter, Neteller, Skrill), banking portals (Trustly, iDebit), Interac E-Transfer 

#3 Fastest Paying Casino - Sports Interaction 

  • Processing time: 48 hours 
  • Transaction time: instant 
  • Total withdrawal time: 2 days 
  • Fastest withdrawal methods: e-Wallets (MuchBetter, ecoPayz), banking portals (iDebit, INSTADEBIT), Interac E-Transfer

#4 Fastest Paying Casino - Casino Classic

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: e-Wallets (Skrill, Neteller), Interac E-Transfer

#5 Fastest Paying Casino - Golden Tiger

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: e-Wallets (Skrill, Neteller), Interac E-Transfer

#6 Fastest Paying Casino - Zodiac Casino

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: e-Wallets (including Skrill and Neteller), Interac E-Transfer

#7 Fastest Paying Casino - Captain Cooks Casino

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: e-Wallets (Skrill and Neteller), E-Transfer

#8 Fastest Paying Casino - Quatro Casino

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: E-Transfer, e-Wallets (Skrill, Neteller) 

#9 Fastest Paying Casino - Yukon Gold Casino 

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: E-Transfer, e-Wallets (including Skrill, Neteller) 

#10 Fastest Paying Casino - Luxury Casino

  • Processing time: 48 hours 
  • Transaction time: 1 to 3 days 
  • Total withdrawal time: 3 to 5 days 
  • Fastest withdrawal methods: E-Transfer, e-Wallets

Fastest Payout Methods in Canada

The top three fastest payout methods for Canadians include: 

  1. e-Wallets - 1 to 2 days
  2. Banking portals - 1-2 days
  3. Interac E-Transfers - 1-3 days

e-Wallets are one of the fastest payout methods. They can be found on numerous quick withdrawal casinos in Canada.  

e-Wallets allow users to transfer money from their bank account into an account online. The funds can then be used to make secure money transfers online.

There are several different e-Wallets that Canadians can use on online casinos. These include: 

  • Skrill
  • MuchBetter
  • Neteller
  • ecoPayz

Banking portals like iDebit, INSTADEBIT and Trustly are banking catalysts. This means that they can connect your bank account to your online casino account through their platform.  

These payment methods are trustworthy and reliable. As well, using these withdrawal methods will help you to receive your payout quickly.

An Interac E-Transfer, or electronic funds transfer, allows users to move money directly between their personal bank account and an online casino account.  

This is a safe and secure money transfer method and can be found on many fast withdrawal casinos.

Why are Canadian Online Casinos Focused on Fast Payouts?

Canadian online casinos recognize that players want to see their winnings quickly. Therefore, they aim to provide the fastest payouts possible. 

Online casinos can also be boycotted or blacklisted if they have longer than usual payout times. Generally, 1 to 5 business days is an appropriate withdrawal time. Anything above that can be bad for business.

It’s important to note that some withdrawal methods (e.g. money transfers) cannot be processed on weekends. Be sure to take this into account when waiting for a payout.

FAQs

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Are instant withdrawals available on casinos?
Which payment methods offer the fastest withdrawals?
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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.

Last updated: 12/22/2021