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Best Mastercard casinos
One of the most well-known payment brands, Mastercard is a name you see almost every day. Because of this, it has become a standard banking option for bettors since the early days of online gambling. Mastercard casinos are everywhere, but which is the best one and what factors make them an attractive choice?
If you’re looking to use Mastercard in Canada, particularly at any of the top online casinos in the country, this guide will tell you all you need to know. Our experts will walk you through using online casinos that accept Mastercard with details on deposits and withdrawals, promotions, the pros and cons of Mastercard, and prepaid options.
Table of Contents
- What is Mastercard?
- Different Mastercard types
- How to make your first deposit at Mastercard casinos
- How to withdraw from online casinos that accept Mastercard
- Are there any fees at Mastercard casinos?
- Can I get a bonus at Mastercard casinos?
- Are online casinos that accept Mastercard safe?
- Mobile Mastercard casinos
- New online casinos that accept Mastercard in Canada
- Mastercard Casinos Pros and Cons
- Which is the best Mastercard casino
- Mastercard Casinos FAQ
What is Mastercard?
In Canada, Mastercard is one of the most popular deposit options at online casinos. It’s also an extremely common way to pay for other goods and services. It helps process payments between purchasers and merchants, and was formally known as Interbank.
In terms of flexibility, there are few cards as useful as Mastercard, because it’s accepted in so many places. Using Mastercard in Canada is simple. From small businesses to digital retailers and online casinos in Canada, Mastercard is widely accepted, just as Visa is.
In addition to making online payments, you can use Mastercard in Canada at ATMs. So, it’s possible to deposit online using Mastercard, withdraw your winnings, and then take them out in cash at a physical ATM.
Many of you in Canada will already own a Mastercard, making this one of the most convenient payment options.
Different Mastercard types
There are several different Mastercard types in Canada, allowing you to select the card that best suits your lifestyle. Here, our experts will walk you through the main Mastercard types:
If you have a good credit rating, you may be eligible for a Mastercard credit card. Not only do these cards allow you to spend money and pay it back later (with interest), but if you get one you’ll also gain access to special rewards and services.
Credit cards are famously reliable when reclaiming funds from questionable merchants. This might give you extra peace of mind if you ever get a casino scam. Of course, one easy way to avoid scams is to use the top-recommended Canadian casinos on this site.
In certain regions, like the U.K., credit cards cannot be used in online casinos. This is something worth watching, if Canadian laws follow suit.
Debit cards are also produced by MasterCard in Canada. These have similarities to credit cards in that they’re widely available. They can be used to pay for goods at a huge variety of stores and online casinos, and can be obtained from the same financial institutions as credit cards.
Unlike credit cards, debit cards usually require sufficient funds in your account before you can spend them. In some cases, you may have an unsecured overdraft, which means you can dip below zero. This may incur additional fees.
Mastercard offers prepaid cards for online casinos in Canada is the prepaid card. As the name suggests, you pay in advance with these cards. This makes it easier to monitor your spending, and realise when you’ve reached your limit.
A popular option is the Vanilla Prepaid Mastercard. You can buy it at Walmart Canada and use it in physical & online stores and online casinos that accept Vanilla Mastercard.
Such a card is a smart option for players who want to impose strict limits, or sometimes don’t realise how much they’re spending. You can add a set amount which is your limit for the day and, if you run out, you can decide not to reload again.
How to make your first deposit at Mastercard casinos
A payment provider that has worked with real-money casinos for decades is expected to have an easy and straightforward deposit process. Our Mastercard casinos do exactly that, so you can fuel your bankroll instantly. Here is how it happens:
Sign up to one of our recommended casinos and choose "Deposit".
Click on Debit or Credit card.
Enter the card number, expiration date, name on card and CVV.
Fill in the amount.
Confirm the payment (you might get a notification on your phone).
How to withdraw from online casinos that accept Mastercard
It seems that the casino you found on our site lived up to the hype and returned some hefty winnings, which you are eager to retrieve. We have to point out that an increasing number of sites have removed Mastercard as an option to cash out, only leaving it as a deposit method. In that case, you can request a withdrawal via bank transfer. If you can withdraw to your Mastercard, it is very easy:
Go to the Cashier and choose Withdraw.
Click on Debit or Credit card
Enter the card details and the amount.
Approve the transaction.
The casino will process the request in 24-72 hours, and once it goes through the funds will appear on your Mastercard in 3-5 working days.
Are there any fees at Mastercard casinos?
There are no fees for deposits charged whether by the casino or the card issuer. All deposits will be processed through instantly and without extra cost. However, withdrawal fees can be charged. That depends on the casino and the amount you want to cashout. In most cases the withdrawal fee will be around 2%.
Can I get a bonus at Mastercard casinos?
Mastercard's reputation is among the highest banking options and that is enough for casinos. Using it can qualify you for all bonuses available, without any payment restrictions. Still, there might be some general limits, so you should always check the terms and conditions. Our Mastercard casinos have promos that can return big profits such as:
First-deposit bonus: Probably the most popular offer, it complements the initial deposit after registration and can boost it by 100% or further. Top casinos can also give you tens of extra free spins. Any casino welcome bonus will have some rollover requirements like 40x in 14 days and on specific games.
Reload bonus: Still wondering about making that next deposit or not? A Reload bonus can make things easier, as it will top up your next payment by a significant amount, between 25%-75%. And the cool thing is that rollover might be lower, since it is offered to members that have been at the casino for a while.
Free Spins: Saw an exciting slot but you are low on cash? A free spins casino is what you are looking for. By making a small deposit you can get a big number of spins to use on your favourite slot.
No-deposit bonus: This one is perhaps the fan-favourite, but also the hardest to find. Since it can be risky for the casino, it is reserved for special occasions or loyal members. Your most likely chance is to join one of our no deposit bonus casinos in Canada, to have a better chance of claiming it.
Are online casinos that accept Mastercard safe?
Mastercard is one of Canada’s safest gambling options. If something turns out wrong when you use a Mastercard, you’re afforded a lot of protection from the financial institution behind it. PIN and CVV numbers are almost impossible to crack, while most gambling payments must be verified on your phone.
The one unsafe aspect of using a Mastercard to gamble is that, if you use the credit card, it’s not your money. This is only applicable to credit cards, not debit or prepaid cards. If you play responsibly this is not an issue as you’ll simply pay your monthly bill to cover any losses. Always bet within your means.
Mobile Mastercard casinos
Credit and debit cards are not just mobile-friendly, but integrated into smartphones. Considering that mobile gambling has skyrocketed, it is easy to see why pairing Mastercard with the best mobile casinos in Canada is crucial. At mobile Mastercard casinos you can deposit and withdraw with just a few taps and enjoy all the security features for your money. Promotions, games and customer support work the same, if not better, than on desktop.
New online casinos that accept Mastercard in Canada
Signing up to a new casino means having many payment methods available to choose which one suits your needs. If you opt to use Mastercard, it is highly likely that every new online casino will accept it as a banking option. There are several reasons why new casinos that accept prepaid Mastercards (or debit or credit cards) pop up constantly, including popularity, reliability and bonus eligibility. bet365 and Freshbet are some prime choices.
Mastercard Casinos Pros and Cons
- Widely accepted in Canadian casinos
- Qualifies for welcome bonus
- No deposit fees
- PINs, CVV and two-factor authentication for security
- Some casinos do not allow Mastercard withdrawals
- Authorities can track your gambling payments
- Cashouts are slow and subject to fees
Which is the best Mastercard casino
Betting with Mastercard has been studied extensively, however, there are still some things to clear up. The upsides include near universal acceptance in casinos, zero fees on deposits, enhanced security tools and bonus eligibility. Moreover, you can find several types of Mastercard like debit, credit, prepaid while there are also online casinos that accept vanilla Mastercard.
Things are not always positive, though, as Mastercard withdrawals can be prohibited. Even if you manage to withdraw your winnings from the site, delays and fees can be upsetting. And if you want to cover your tracks when gambling, Mastercard is not an appropriate option. Mastercard casinos are and will be quality and reliable choices. You can minimize the impact of the downsides if you choose one of our listed casinos.
Mastercard Casinos FAQ
Sure, there is almost universal acceptance of Mastercard in Canadian casinos. Since it is one of the first payment methods used for online gambling, casinos consider it a standard.
Some casinos restrict Mastercard withdrawals, so you have to cashout via bank transfer. You can check the page with the withdrawal options to see if there are any restrictions.
It certainly is, as your card issuer is a financial institution that backs your funds. In addition, Mastercard has several security features, like PINs, CVV and two-factor authentication.
Yes, Mastercard deposits qualify for all bonuses, as casinos do not deem them risky. Mastercard's credibility is very high, so if you want a bonus, Mastercard is an excellent option.
Deposits are always free of charge, both on the casino's and card issuer's end. Withdrawals might be subject to some fees, but that depends on the casino.
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