Fastest Paying Online Casinos in Canada (2021)

Grand Mondial

Deposit CA$10 Get 150 Spins

  • Great Free Spins Sign Up Bonus
  • Trusted Brand Since 2006
  • Canadian Gambling Licence

8

/ 10

888Casino

$88 Free No Deposit +100% Bonus up to $200

  • 1000+ Casino Games
  • Fast Withdrawals
  • Fantastic No Deposit Casino Bonus

8

/ 10

Casino Classic

1 No Deposit Free Spin + Deposit $1 for 40 Extra Free Spins

  • No Deposit Free Spin Bonus
  • Over 550 Casino Games
  • Massive Jackpot Slots

9

/ 10

Golden Tiger

Claim up to C$1500

  • 550+ Casino Games
  • 95.79% Payout Percentage
  • Massive Welcome Bonus

8

/ 10

Zodiac Casino

Deposit $1 Get 80 Spins +100% Bonus up to CA$100

  • Over 550 Casino Games
  • $1 Minimum Deposit Casino
  • Fantastic Welcome Bonus

9

/ 10

Captain Cooks Casino

Deposit $5 get 100 Spins +100% Bonus up to CA$100

  • 20+ Years Experience
  • Fantastic Sign Up Bonus
  • Over 500 Casino Games

8

/ 10

Yukon Gold Casino

Deposit CA$10 and get 125 Spins +100% Up to CA$150 Bonus

  • Massive Jackpot Casino Games
  • Great Welcome Bonus
  • Low Deposit Casino

8

/ 10

Luxury Casino

$1000 Welcome Bonus

  • 97% Payout Percentage
  • Over 500 Casino Games
  • Trusted Canadian Brand

9

/ 10

LuckyDays

Up to $1500 Welcome Bonus +100 Free Spins

  • New Canadian Online Casino (2020)
  • 1300+ Casino Games
  • Mobile Friendly Casino

8

/ 10

Spin Casino

C$1000 Deposit Bonus

  • Trusted operator since 2001
  • 600+ Games
  • High payout percentages

9

/ 10

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

Which casinos offer the fastest payouts in Canada?

Casinos that offer e-Wallets as a form of payment provide the fastest payouts in Canada. Once a withdrawal has been processed, e-Wallet withdraws are usually completed instantly. At the longest, an e-Wallet withdrawal will take up to 3 days. This makes e-Wallet casinos the fastest paying online casinos. 

Are instant withdrawals available on casinos?

Some payment methods can be initiated instantly. However, there are processing times associated with each online casino. Processing time allows the online casino to verify the identity of a player before the money is transferred. This prevents fraud. Processing time can range from 24 to 48 hours, depending on the fast pay casino you choose. Therefore, instant withdrawal casinos are not possible.

Which payment methods offer the fastest withdrawals?

e-Wallets, banking portals (like iDebit, INSTADEBIT and Trustly) and Interac E-Transfers offer the fastest withdrawals for Canadians. After the casino has processed your request, you can expect to see your money in 1 to 3 days using these methods. Some e-Wallets, including MuchBetter and ecoPayz, are able to deliver funds instantly after processing.

Can I receive payouts on the same day?

Some withdrawal methods are instant. However, processing a withdrawal usually takes between 24 and 48 hours. This processing time is required by law. For this reason, same day payout casinos do not exist.

Thomas Brown

Thomas Brown

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: 6/11/2021