When it comes to online gaming it’s only natural for you to want to join a casino that’s on top of things when it comes to payouts, as the last thing that anyone wants is to wait 7 business days to receive their winnings. However, there’s more to an online casino than just speed, as you’ll need to ensure that the platform is safe, operates according to a legal paradigm, has an efficient and effective customer support system, and much more. There’s a lot to consider, and while this could be overwhelming for some, we’ve provided a detailed guide on the fastest payout casinos and what you’ll need to look out for when choosing a gaming platform.
Some of the most important factors that will need to be taken into account are usually the ones that are ignored in favor of a large gaming collection and lots of bright colors. We’ve taken the liberty of ensuring that the platforms found in this guide are the best online casino with fast payouts with no-nonsense.
Instant Payout Casinos
When it comes to online casinos, there are generally a few things to look out for, but with fast payout casinos, the process goes a bit deeper as there’s no room for compromise with any of these factors. Compromising on any of them could result in a negative experience as none of these can exist without the other.
Security
When it comes to the security that’s provided, expect an online casino to have SSL encryption as a standard. This will prevent your data from being stolen by hackers and other forms of unsavory characters. An anti-money laundering scheme is also a huge benefit to your peace of mind.
Licensing
Only the best licensed online casinos can be considered; however, the license that a casino uses are extremely important as this will determine how strict the governing bodies are and this will also determine how well the casino sticks to the standards it’s provided with.
Game Variations
An online casino should provide more than just slots and a few variations of Blackjack. The best online casinos will provide an extensive variety of games in a range of categories that will keep you entertained and they’ll ensure that you always have something to do on the site.
Bonuses
Welcome bonuses are the bread and butter of online casinos; however, most of them have fallen into the habit of providing flashy-looking bonuses simply for the sake of attracting new clients. The best online casinos will provide you with a bonus that will be possible to benefit from with realistic wagering requirements.
Payout Speed
Fast withdrawal casinos are rare and these casinos should provide you with great banking methods that will allow you to process payments quickly without having to wait up to 14 working days.
Customer Service
The customer service provided by an online casino should be quick and efficient with the problem-solving process. There should also be a variety of contact methods and the best casinos offer 24/7 support.
Mobile Gaming
Mobile gaming might seem like an optional extra; however, not all players have access to a computer at all hours. The best online casinos are well-optimized for mobile use and this is what makes them so appealing.
Examples of the Best Payout Online Casinos
Below are few examples of the fastest payout online casinos. These platforms aren’t only quick to provide your winnings but they also have an excellent track record of meeting all of the aforementioned factors. This table will provide you with the brand, the payment methods that are available at these casinos, and the processing period after requesting the withdrawal. https://trustedcasinos360.com/mga-casinos/
| Brand | Payment Methods | Type | Processing Period | Limits |
| Genesis Casino | MasterCard/Visa | Debit/Credit Card | 1-3 Business Days | C$5,000 |
| Interac | Online Bank Transfer | 3-5 Business Days | ||
| Bank Transfer | Bank Transfer | 3-5 Business Days | ||
| EcoPayz
MuchBetter Jeton |
E-Wallet | Instant | ||
| Guts Casino | MasterCard/Visa | Credit Card | 1-3 Business Days | C$50,000 |
| Bank Transfer | Bank Transfer | 1-3 Business Days | ||
| Interac | Online Bank Transfer | 1-3 Business Days | ||
| Paysafecard | Prepaid Card | Same Day | ||
| EcoPayz | E-Wallet | Same Day | ||
| PlayAmo | MasterCard/Visa | Credit Card | 1-3 Business Days | C$1,500 |
| Interac | Online Bank Transfer | 1-3 Business Days | ||
| Bank Transfer | Bank Transfer | 1-3 Business Days | ||
| iDebit
InstaDebit |
Online Bank Transfer | Instant | ||
| EcoPayz | E-Wallet | Instant | ||
| Bitcoin | Cryptocurrency | Instant | ||
| Paysafecard | Prepaid Card | Instant | ||
| Royal Panda | Interac
iDebit InstaDebit |
Online Bank Transfer | Instant | C$55,000 |
| MuchBetter
EcoPayz |
E-Wallet | Instant | ||
| MasterCard/Visa | Debit/Credit Card | 1-5 Business Days | ||
| Bank Transfer | Bank Transfer | 1-5 Business Days | ||
| PlayOJO | Bank Transfer | Bank Transfer | 2-7 Business Days | C$5,000 |
| MasterCard/Visa | Debit/Credit Card | 2-7 Business Days | ||
| Interac | Online Bank Transfer | 2-7 Business Days | ||
| Citadel | Online Bank Transfer | Instant | ||
| EcoPayz | E-Wallet | Same Day | ||
| Paysafecard | Prepaid Card | Same Day | ||
| LeoVegas | Interac
iDebit InstaDebit |
Online Bank Transfer | Instant | C$20,000 |
| MuchBetter
EcoPayz |
E-Wallet | Instant | ||
| MasterCard/Visa | Debit/Credit Card | 1-5 Business Days | ||
| Bank Transfer | Bank Transfer | 1-5 Business Days |
Why Withdrawals Are Often Slow
There are a few things that you’ll need to understand about the rate at which withdrawals are processed as there are a few factors that you’ll need to look out for. Some of these are due to security verification processes, whereas others are pretty much a straight scam.
Verification of Documents
Document verification is a rather annoying yet common occurrence at plenty of online casinos as this is part of the terms and conditions that will ensure a successful withdrawal. During this process, you’ll need to provide the casino with copies of your ID and physical address as part of the KYC (Know Your Customer) process. This is to ensure that the funds don’t fall into the wrong hands.
Wagering Requirements
Before you attempt to withdraw winnings that have been claimed using a welcome bonus, you’ll need to check if your casino account has any real money in it. No online casino will allow you to withdraw bonus cash and you might be penalized for attempting to do so. If you’d prefer to avoid this process altogether, try signing up with an online casino that provides no deposit bonuses or ones that feature extremely low wagering requirements.
Payment Method Verification
This will be one of the least likely factors to consider going forward as online casinos are no longer sending money straight into players’ bank accounts. This due to casino transactions being blocked by banks; however, there are a few casinos that still offer this process, which will take a long time as the withdrawal will need to be verified by the bank which could take up to 5 business days to complete. It’s in your best interest to find a quicker withdrawal limit such as an e-wallet, as these will usually be paired with instant payout casinos.
Speeding Up the Withdrawal Process
When it comes to obtaining quick withdrawals, there are a few things that you can do to speed up or simply prevent slow withdrawals.
Choose Your Banking Method Carefully
No matter how quickly a casino claims a withdrawal will be, the reality is that your withdrawal is only as fast as your banking method allows it to be. Using a debit/credit card or bank transfer will take up to 5 business days to complete. Hence, you’ll be better off by using an e-wallet service.
Join a Fast Payout Casino
Unlike other online casinos, these brands have made a habit of being quick when it comes to your casino withdrawal. These casinos aren’t as common as others, but there are a few of them, see the aforementioned table, that will provide you with a range of different banking methods along with great withdrawal limits that could be in your account by the end of the day, possibly sooner.
Ultimately, there’s not much else that you can do to speed up the process as the process will depend on the combination of banking methods and the casino.
Red Flags
Unfortunately, not all online casinos are honest, with a few of them trying to make a quick buck at your expense. Below are a few red flags that you’ll need to look out for as these could end up being your worst nightmare.
Pending Periods
Pending periods are one of the few things on this list that you need to keep an eye out for as any casino that does this likely has no intention of paying out your winnings. This is part of a withdrawal scam that’s incredibly common amongst rogue casinos, as they will claim that it would take 7 working days for the withdrawal to be processed; however, they’ll add a “cancel withdrawal” button, which you’ll likely end up pressing due to your impatience. Ultimately, you’ll never see your money unless you’re aware of the scam.
Low Withdrawal Limit Issues
Low withdrawal limits are the bane of any jackpot winner’s existence, as this will prolong the timeframe of which you’ll be able to claim the full amount. These limits are usually around the C$1000 mark, which can be infuriating if you’re trying to claim a large sum of cash.
Low Withdrawal Frequencies
Reading the terms and conditions is vital and this is one of the reasons. Some online casinos will state that you’ll only be allowed to withdraw your winnings twice or thrice a week. We understand that there are daily limits; however, it’s insane that you’ll be forced to wait a few days to get the money that’s rightfully yours.
The Fastest Banking Methods
As previously stated, the banking methods that you choose to use at an online casino will have a direct effect on the withdrawal time. Not all banking methods are created equally and it’s important to find one that’s fast, cost-effective, and easy-to-use. Bear in mind that PayPal isn’t available to be used at Canadian online casinos, so we won’t be mentioning it in our list of the fastest banking methods.
E-Wallets
E-Wallets are among the most popular banking methods due to their convenience, cost, and speed. Most e-Wallets will allow you to store funds in your account, which means that once you top up your account with cash from your private bank account, you’ll be able to transfer money to and from the casino with ease and very quickly. Some of the most popular e-Wallets include Neteller and Skrill; however, these methods will often result in you forfeiting your casino bonus if you use them to make your first deposit.
The process of using an e-Wallet is incredibly straightforward, as all you’ll need to do is head to the cashier section of the casino and select the method, specify the amount you’d like to withdraw, and that’s it.
eCheck
Unlike paper checks, eChecks will make it to your account in record time due to how easy and safe they are to use. More online casinos are starting to support the process and this allows more “Old-Fashioned” players to have a bit of nostalgia with an electronic form of a classic payment method. Always ensure that withdrawals with this method are supported as some casinos will only have you use them one way.
Paysafecard
As the name suggests, this method is known for being one of the safest and quickest. Here you won’t need to provide any personal data as all you’ll need to do is head to the cashier and make a withdrawal of up to C$1,000 and the cash should be in your possession within 24 hours.
Our Recommendation
The fastest payout online casinos used to be a thing of legends, but now the days of waiting up to 10 business days for a withdrawal are done. There are a few world-class online casinos that offer fast withdrawals and a range of banking methods that make it easy for us to ensure that we get our winnings as soon as possible. While there are a limited number of online platforms that support lightning-fast withdrawals, we’ve found some that are worthy. We would recommend that you try any of the provided platforms with an e-Wallet of your choice for the best results.
FAQs
Do deposits and withdrawals need the same banking method?
No, but it will be more convenient if you kept both methods the same.
Are instant withdrawals possible?
Yes, they are but it depends on the casino that you use.
What’s the fastest banking method?
Neteller has some of the fastest withdrawal times.
Do larger wins take longer to process?
Yes, but sometimes it doesn’t. This will depend on the casino you’re playing at.