VISA is a payment method that you'll find being accepted by almost any online casino that also accepts MasterCard. The two companies have pretty much got the credit card payment market cornered at online casinos in Canada, so you won't have any trouble finding VISA casinos to play at. Making casino deposits with a VISA card has both advantages and disadvantages and while we are of the opinion that the advantages outweigh the disadvantages, this article will highlight both so that you can make an informed decision for yourself.
Best VISA Casinos in Canada
Welcome Free Spins - No Wager Requirements
Earn redemption points
to claim a 100% bonus
Brief Background of VISA
VISA was founded by the Bank of America in California in 1958, but back then it was called the BankAmericard. Credit cards weren't massively popular in those days, so the company sent out a mailshot of tens of thousands of working cards to get the ball rolling. That brave approach - one that seems rather crazy by today's standards - helped to give VISA a great start, and today it's one of the most popular payment methods in the world.
How to Deposit With VISA
If you have ever made an online purchase of a product or service with a VISA card you'll know just how easy it is. Making a deposit at an online casino is just as easy, as illustrated by the step-by-step procedure below:
Double-check that you have entered all of the required details as intended, and then submit the deposit request. Your funds will be credited to your online casino account just as soon as the credit card company have approved the deposit. This is something that normally happens straight away, so you will normally be able to start playing without having to wait for more than a minute or two.
How to Withdraw Using VISA
Almost all online casinos will only allow you to make a withdrawal to a VISA card that you have previously used to make a deposit. This is for security reasons, as it prevents someone from getting access to your account and withdrawing funds to a strange card. Presuming that you have made such a deposit, you can initiate a withdrawal as follows:
VISA withdrawals take a lot longer than deposits, and you should allow at least two or three banking days for the transaction to be processed. Some casinos will ask you to wait for as many as seven banking days.
VISA Fees
While VISA card companies don't usually charge users for regular transactions, a casino deposit is more often treated as a cash advance. In this case, the transaction can attract a separate fee, and the cash advance may incur a higher rate of interest. Always read through the rules issued by your credit card company concerning fees and charges so that you're aware of how any casino transactions will be treated.
Benefits of Using VISA at Online Casinos
Making deposits at online casinos with a VISA card gives you several valuable benefits. Here are three of the biggest:
Pros and Cons of VISA
Best VISA Casino Alternatives for Online Casinos in Canada?
VISA Casinos: Our Verdict
Online casino players who want to make deposits via credit card can't go wrong with VISA or MasterCard. VISA is a banking method that is offered by the majority of online casinos that welcome Canadian players, and when you use it to make a deposit your funds will normally be credited to your account in a few minutes at the very most. On the more negative side, some card providers might charge you a cash advance fee for making casino deposits, and if you choose to withdraw via this method you'll need to wait a few days to get your money.
