INSTADEBIT logo
company Instadebit International Solutions Ltd
map Sliema, Malta
calendar 2003
check-circle
wallet $C1.95
superb

CBM Rating

Superb

84.40%
reputation
86%
availability1
76%
wallet1
84%
lock
87%
headphones
89%
like
dislike
  • Certain fees involved
  • No 2FA option
superb

CBM Rating

Superb

84.40%

INSTADEBIT Review & Best INSTADEBIT Casinos

Last updated: 16 June 2021

Even though it might not have the world’s biggest online gambling market, Canada most certainly has one of the best payment providers in the world. If Interac is the grizzled veteran everyone knows, then INSTADEBIT is the bright-eyed challenger that’s willing to shake things up and bring novelties to the table. In case you’ve already read our Interac review and didn’t like what you saw, then INSTADEBIT just might be the ideal payment platform for you. Since there are so many Canadian fintech companies, it’s hard to make a choice with absolute certainty. And that where we at Casino Banking Methods come into play.

The following sections contain everything there is to know about INSTADEBIT. We tested this provider thoroughly, with an equal amount focus on all the quintessential aspects modern casino players desire in a payment method. In addition to all of this, we’ve also taken the liberty to find the best INSTADEBIT online casinos and bonuses. With all this in reach, you will know what it takes to have a great gaming experience. Have fun and may Lady Luck be on your side!

Top Casinos That Accept INSTADEBIT Deposits

So much can be said about INSTADEBIT, but all of that is irrelevant if you don’t get to use its services in a proper way. What do we mean by this? Well, in order to maximize the benefits of this banking method, you need a top-notch online casino. To help you find a site that fits this description, we tested a large number of Canadian casinos, and on a variety of features and aspects. We covered everything from security to licensing, with the result being the following list. Every casino is 100% legitimate, with no licensing issues or significant question marks surrounding it. You can’t go wrong with either one of them, so all that’s left is for you to make a choice and start playing. Sounds easy enough, right?

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LeoVegas

91.17%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €100
cherry €10 Free Spins
  • Impeccable reputation
  • 200+ live dealer tables
  • Seven gaming licences

Bitstarz

91.00%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to 1 BTC
cherry 180 Free Spins
  • Excellent track record
  • Very fast withdrawals
  • 170+ live dealer tables

Royal Panda

89.00%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to £100
cherry 10 Free Spins
  • Impeccable reputation
  • Fast cashouts
  • Impressive live casino

Wildz

87.83%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 200 Free Spins
  • Real money cashback
  • Unique Spinback feature
  • Multilingual customer support

King Billy MGA

87.83%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €200
cherry 200 Free Spins
  • Over 4,000 casino games
  • Free deposits & withdrawals
  • Plenty of native live tables

888 Casino

87.67%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €140
cherry €20 Free Spins
  • 10 gaming licences
  • In business since 1997
  • Top-notch live casino

King Billy

87.33%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to $200
cherry 200 Free Spins
  • Great table game options
  • Top live dealer providers
  • Cryptocurrencies accepted

Caxino

87.00%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €200
cherry 100 Free Spins
  • Cool promotional offers
  • Real money cashback
  • Fast payouts

Frank & Fred

86.67%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €100
cherry 300 Free Spins
  • High cashout limits
  • Weekend withdrawals
  • Very good reputation

Genesis

86.67%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €100
cherry 300 Free Spins
  • Excellent reputation
  • Local payment options
  • PayPal payments for UK, SE, ES

Company Background

Book icon

INSTADEBIT was founded in 2003, by a group of experienced financial experts. Even though online payments were indeed a thing at the beginning of the century, most users were frustrated with the whole experience. Not only did you have to jump through hoops in order to find a casino or an eCommerce site that accepts newer payment methods, but security was, overall, on a very low level.

The INSTADEBIT team was particularly disappointed by the frequency of fraud and data theft at online casinos, as it was impossible to know which sites were trustworthy and which were not. The root of the problem was the fact that people would actually have to give their personal information to casinos. In an era where antivirus software and firewalls were barely in us, this was just asking for trouble.

Now, these Canadian financial whizzes came up with an idea – to allow people to make bank transfers, but through a secure gateway. And that’s what made INSTADEBIT so popular in Canada. You could still use your bank account to fill up your account, but no casinos would be able to see anything other than the most basic things. If a data breach happened, cybercriminals wouldn’t be able to do anything with it.

After some time, INSTADEBIT developed into an eWallet of sorts. Ever since the early 2010s, users could create their own account and use it without even needing to drain their bank balance all the time. You just transfer the money to your INSTADEBIT account, and you’re free to play at almost every Canadian casino. We don’t see many payment methods that allow direct bank account deposits, as well as separate storage options for your funds. Therefore, INSTADEBIT can certainly be considered unique, at least in the Canadian market.

Target Markets

Target icon

Initially, INSTADEBIT was only available to Canadians. Basically, anyone with a valid bank account from a Canadian bank could make transfers directly from that account. Unlike, Interac, INSTADEBIT’s older and less available sibling, INSTADEBIT gladly took on the challenge of expanding outside the borders of the Great White North.

Thus, according to INSTADEBIT’s LinkedIn page and several other sources, the platform is available in a total of 33 different countries and jurisdictions. They are:

Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Mexico, Netherlands, New Zealand, Norway, Peru, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, United Kingdom, and Uruguay.

Compared to most banking methods, INSTADEBIT offers excellent coverage across multiple continents. Debit-based payments are becoming more popular, as financial literacy and fiscal responsibility are at an all-time high right now. People love easily accessible platforms that are devoid of dangers posed by the use of credit cards. You cannot overspend or pay more than you have. INSTADEBIT tackles this issue perfectly and without much fuss.

However, it’s important to note that INSTADEBIT is not available for gambling-related transactions everywhere. Currently, you can only play at Canadian INSTADEBIT casinos, and this will be the case until the company decides to obtain extra licensing from other jurisdictions. This makes sense, as Canada is their main and foremost market.

How to Set Up an INSTADEBIT Account: Step by Step Guide

If you’ve been reading some of our other reviews at Casino Banking Methods, you probably know that we aren’t really fans of long account creation processes. Thankfully, joining INSTADEBIT involves no hassle whatsoever. You can create an INSTADEBIT account before making a transaction (if this is your choice, go to INSTADEBIT’s website and just click the Sign-Up box, located in the upper right corner of the homepage), and whilst making a transaction (the process is pretty much the same, with the only difference being that you’ll be doing the entire process after you’ve visited the casino site). Regardless of which route you decide to take, the steps that lead to the creation of your account are the same. Here’s what you have to do to make INSTADEBIT deposits:

  1. Provide your personal information

    This includes the following: name, surname, address, email, date of birth, and the last four digits of your social insurance number (SIN). All of this is needed to verify your identity, as INSTADEBIT is very thorough when it comes to eliminating possibilities of fraud. According to their privacy policy, none of the information you provide is shared with third parties.

  2. Provide your bank account information

    Once you’ve completed the first step, you will be redirected to a new page, which is completely devoted to your banking info. Here, you will have to provide your 5-digit bank transit number, the number of your financial institution, and the number of your account. If you don’t know all of this, contact your bank’s customer support to find out.

  3. Verify your account

    Most payment methods don’t require this, but INSTADEBIT takes security a bit more seriously than your average payment method. A small deposit will be made to your bank account once you complete the first two steps. Once you receive confirmation that the deposit has been received, just click on the Verify Bank Account link, and you’re good to go.

    You’re most likely surprised by the existence of the last step, we know. While you don’t HAVE to do this, we highly recommend that you do. Verified accounts get much higher spending limits than non-verified ones, so this is pretty much essential if you’re a high roller or if you want to snatch a big bonus.

    The available currencies are USD and CAD. If you choose to make a transaction in USD, you will see the exact amount in CAD on the deposit page. You can also see conversions for your past transactions, in the transaction history part of your account.

Available Currencies

Canadian dollar icon

CAD

US Dollar icon

USD

Casino Deposits and Withdrawals

Withdrawal icon

Even if a payment provider offers plenty of features and can be used in a variety of ways and situations, it’s all in vain if it’s not easy to use. The longer it takes to understand what’s going on, the less willing you will be to use the platform, right? One thing we liked about INSTADEBIT is that even the most inexperienced tech novice can grasp everything pretty quickly. Here’s what you need to do to make INSTADEBIT deposits:

  1. Log into your casino account.
  2. Go to the Banking/Deposit/Cashier section, depending on what your casino of choice calls it.
  3. You will see a list of all the available deposit options, amongst which is INSTADEBIT. Click on their logo.
  4. Enter the amount you wish to deposit and a bonus code, if you have one/if the casino accepts bonus codes.
  5. You will be directed to the INSTADEBIT website, where you will be shown the details of the transaction. Check to see if everything is as it should be. If it is, log in using your email and password.
  6. Confirm the deposit. Once this is done, you will be immediately redirected back to the initial deposit page at the casino. And that’s it!

One thing we would like to see INSTADEBIT add is two-factor authentication. It costs next to nothing to send a single-use code to a user’s phone number when a transaction is to be completed. Given the fact that everyone has a smartphone, this should be a no-brainer. While this is not a terrible security flaw, it’s still something a payment platform should offer if they want to be the best of the best. Nevertheless, we liked the deposit process and found it very straightforward.

When it comes to withdrawals, the process is pretty much the same. To claim your winnings via INSTADEBIT, you need to:

  1. Log in and go to the Banking/Withdraw/Cashier section.
  2. You will be shown your available balance, along with an empty box. Enter the amount you wish to withdraw.
  3. You will be redirected to the INSTADEBIT website, where you have to log in and check the transaction details.
  4. If everything checks out, click confirm. That’s it!

You should be aware of the fact that few casinos offer INSTADEBIT withdrawals. If you don’t see INSTADEBIT as an available withdrawal method, you can use any other eWallet or go down the traditional route and request a bank transfer. Even though it’s incredibly easy to make transactions with INSTADEBIT, it’s all in vain if the gaming experience itself is not enjoyable. That’s why you need to play at a proper casino site.

Detailed Overview of Transaction Fees

Overview icon

We have some good news and some bad news. Let’s get the bad news out of the way first, shall we? Well, INSTADEBIT imposes fees on deposits to casino sites, and it’s a flat fee of C$1.95. This is not too high, although it will be unpleasant for players who like to deposit small amounts.

The good news is that you can completely avoid these fees if you deposit via your INSTADEBIT Balance Account (the eWallet part of the platform). However, this is also an added hassle, as you have to fill up your eWallet account before you do the same with your casino account. There is also the mandatory C$2.00 fee for transferring money from your Balance Account back to your bank account.

Timeframes for INSTADEBIT Payments at Online Casinos

Time icon

Not all INSTADEBIT deposits are instant. If you choose to transfer money directly from your bank account, you might encounter a 1-2 day waiting period. This can extend even further if you choose a casino that requires an identity check before clearing an account. Usually, sites take up to 36 hours to check your document scans, so inform yourself before registering anywhere.

Deposits from your INSTADEBIT Balance Account are instant, and function basically like PayPal deposits. You should see the money added to your account balance almost instantly, which allows you to pick up a game and start playing right away.

Deposit and Withdrawal Limits

Limits icon

Usually, Canadian online casinos that accept INSTADEBIT have very liberal deposit limits. Some impose limits on daily transfers, while others do so on a monthly basis. Canada has a thriving iGaming scene, so you won’t have trouble finding a casino that fits you. High rollers might have to look a bit harder, but high-stakes sites do exist.

We’ve already addressed the peculiar issue of INSTADEBIT setting different transfer limits for different accounts. This is not only true for unverified accounts, but verified ones don’t have a set threshold either. This is not a bank issuing loans, it’s an eWallet. Zero transparency is simply inexcusable in this day and age.

Best INSTADEBIT Casino Bonus

Using INSTADEBIT at online casinos is good. Using INSTADEBIT at quality online casinos is even better. But do you want to know what’s the best possible experience? Using INSTADEBIT to grab a lucrative bonus and boost your bankroll, that’s what! Since this payment method is immensely popular in Canada, lots of casino sites offer INSTADEBIT promotions. To help you find the best possible one, we ranked all the best deals from legal Canadian sites. All the bonuses below are fair, give you a decent amount of money, and have reasonable wagering requirements. It’s up to you to determine which one is the best fit. Good luck!

5%-15% Weekly Cashback
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5%-15% Weekly Cashback

Cashback

High Roller

Not needed

None

Ongoing

€500

No maximum

93%

100% up to €100 + €10 Free Spins
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LeoVegas

Deposit

Not needed

20x

Ongoing

No maximum

89%

20 Free Spins No Deposit
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20 Free Spins No Deposit

No Deposit

Not needed

40xB

Ongoing

Not needed

€100

86%

61 Free Spins on Slot of the Month
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61 Free Spins on Slot of the Month

Free Spins

MONTH

30x

Ongoing

$20

No maximum

85%

Up To €100 Live Blackjack Bonus
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Up To €100 Live Blackjack Bonus

Free Play

Not needed

30x

Ongoing

No minimum

€500

84%

Live Roulette Daily Lucky 8
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Live Roulette Daily Lucky 8

Deposit

Not required

30x

Ongoing

€8

€500

84%

100% up to €140 + €20 Free Spins
Get Bonus
888 Casino

Deposit

Free Play

Not needed

30x B

Ongoing

€500

83%

100% up to $200 + 200 Free Spins
Get Bonus
King Billy

Deposit

Free Spins

Not needed

30x B

Ongoing

€10

No maximum

82%

Security

Banking security icon

INSTADEBIT is not too shabby when it comes to security. They are certified by McAfee, which is great to see, even if the antivirus giant isn’t what it once was. Not too many payment providers are willing to obtain such a certificate, so kudos to INSTADEBIT. Furthermore, we have 128-bit SSL encryption, which is used both during transactions and to protect user data that had already been stored in INSTADEBIT’s database.

In addition to this, this payment method also comes with a VeriSign certificate, which is a big deal. We applaud them for going the extra mile, but it’s just not possible to ignore the lack of 2FA. It’s 2020. Wake up, INSTADEBIT.

Customer Support

working-hours
Working Hours

Mon-Fri: 00:00-24:00

Weekend: 00:00-24:00

comments
Chat

Yes

We love the fact that INSTADEBIT can be reached 24/7, through such an immediate and efficient channel of communication that is live chat. Email and toll-free phone are also at your disposal, making sure its customers can choose the method that suits them best.

The only downside is that they use PHP Live software, which is an inferior solution to other live chat clients, such as ZenDesk or LiveChat. Nevertheless, we are pleased by the amount of skill and knowledge INSTADEBIT’s agents seem to possess. We never had to wait more than 30 seconds for a response, and every employee went above and beyond to help us with our issues and inquiries.

We would also like to address a problem we’ve noticed, which is related to the account spending limit. Apparently, the limit is not the same for every account. To get to the bottom of this, we asked customer service for more info. It turns out that the limit is determined after INSTADEBIT reviews your credentials.

Player Experiences

Overall, players have a very positive impression of INSTADEBIT. Most users are glad they’ve been able to find an alternative to Interac, which doesn’t allow for withdrawals. Even though we’ve been pretty hard on INSTADEBIT, none of the flaws we’ve noticed have had a profound impact on the experiences of casino players. Much praise is directed to the ease of use, as well as the option to use INSTADEBIT both as an eWallet and as a mediator for direct bank transfers.

Negative reviews do exist but are mostly unfounded. For instance, one player lambasted INSTADEBIT because he didn’t receive his bonus. When we looked into the matter further, it turns out that he didn’t read the T&C of his casino. They don’t award bonuses to INSTADEBIT depositors, and he omitted that. Overall, this payment provider is highly regarded amongst fans of quality online gaming.

Extra Features

While INSTADEBIT doesn’t offer any traditional extra features, we can consider the INSTADEBIT Balance Account as one. Banking methods today are either eWallets or gateways for secure bank transfers. Very, very few companies offer both services in a single package.

This gives every player a high degree of flexibility to work with, as different needs and situations call for different ways of depositing money into your casino account. We are curious to see if INSTADEBIT will add some new features, but this is more than enough if you intend to use the platform solely to play at online casinos.

Mobile Capability

android ios

INSTADEBIT doesn’t have any apps for iOS or Android. And frankly, they aren’t really needed. The mobile browser version of the site is splendid and beautifully designed. This makes it sufficient for making all sorts of mobile transactions.

Since the UI is so minimalistic and light-weight, it works great on older devices and doesn’t overburden phones that are short on RAM memory. That’s how mobile payments are done!

Interesting Facts

  • In addition to their Malta headquarters, INSTADEBIT also has offices in Toronto, Canada.
  • INSTADEBIT can also be used on Facebook and in the popular video game, World of Tanks.
  • Many game developers in Canada choose INSTADEBIT as the main payment method for microtransactions.
  • INSTADEBIT supports both CAD and USD, although exchange fees may be involved when using USD.
  • INSTADEBIT is available in more than 30 countries, but only residents of Canada can use the payment methods for online gambling.

FAQ

Yes, INSTADEBIT can be considered secure. The company uses 128-SSL encryption and has been awarded certificates by two prestigious security firms.

Yes, but not every casino accepts INSTADEBIT as a means of claiming your funds. Check each site individually to see if this is possible.

You do, but the process is incredibly simple and only takes a few minutes to complete.

INSTADEBIT charges $1.95 CAD for bank account deposits, but you can avoid this by making deposits directly from your Balance Account.

No, you need to contact the casino/merchant if such a matter arises.

You can make transactions using both USD and CAD, with conversion options available.

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