No one wants the frustration of being left hanging waiting for their winnings, thanks to a casino dragging its feet. With that in mind, we’ve found the best fast payout casinos in Canada in 2024.
Fastest Withdrawal Online Casino Ranking
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What is a Fast Payout Online Casino?
When it comes to getting your hands on your winnings, much depends on the payment option used to fund your online casino account. In some cases, you may have to wait up to 5 working days to see your winnings land in your bank account. However, instant withdrawal casinos pay out more promptly, normally on the same day.
Common Types of Fast Withdrawal Casinos in Canada
Those players wanting to see their winnings as soon as possible have a few options to choose from. However, it’s important to remain realistic about withdrawal times. On the whole, fast withdrawal online casinos are going to be telling their prospective customers what they want to hear. After all, once you’ve joined a casino, there’s little you can do to speed up the withdrawal process. So, let’s take a more pragmatic look at withdrawal times:
💸 Instant Withdrawals
Though most casinos in Canada advertise themselves as having “Instant” withdrawals, in reality, there’s no such thing. Processing times from both the online casino and your bank need a minimum of a couple of hours to complete.
💰 1-Hour Withdrawals
Fast withdrawal casino sites advertising withdrawals within the hour are another bit of wishful thinking. If you look at the broader picture, consider that cryptocurrencies are presently billed the fastest payment method. Yet even they can experience payment delays. This is because crypto is at the mercy of slow blockchain confirmations and network congestion which can add hours to transaction times, along with higher fees.
💳 24-Hour or Same-Day Payouts
In truth, fast payout casinos advertising withdrawal times of “24-Hours” or “Same Day Payouts” are more realistic. Keep in mind that all gaming platforms are mandated to perform KYC (Know Your Customer) checks before any customer withdrawals can be permitted. This extra step only adds to the initial processing times. To that end, if you manage to receive your winnings within 24 hours, look upon this as another win in itself.
Benefits of Instant Withdrawal Casinos
As a responsible gambler, nothing is quite as frustrating as waiting for your winnings as they form an overall part of your bankroll. Receiving your funds quickly from the fastest payout casino in Canada allows you to completely close your gambling session and step away from the casino with the satisfaction of a winner. A quick payout means you have funds for things other than gambling. On the other hand, you could also use these winnings to try out another casino at a later date.
- Instant Access to Winnings – Whether you’re looking to head off to try your luck at another online casino or simply bank your gains, having instant access to winnings can only enhance your overall gambling experience.
- Responsible Gambling – Immediate access to your own funds means you can be more in control of your gambling and gaming session times.
- Better User Experience – Faster payout times add to a player’s sense of trust in a casino website. Or, to put it another way, a casino that’s slow to payout leads to thoughts of a casino struggling with its finances, or worse, fraud.
- Instant Gratification – Many of us gamble for the excitement. So it’s going to be a complete downer to discover that you’ll need to wait days or weeks for your own money.
Top 5 Fastest Payout Online Casinos
After trawling through literally hundreds of Canadian online casinos, and conducting rigorous testing of their withdrawal processes, we were able to discover which are the fastest payout casinos in 2024. Our five top picks are listed below.
Casino | Welcome Bonus | Payout Time | Best Withdrawal Payment Method |
Jackpot City Casino | C$1600 + 100 free spins | Up to 24 hours | E-wallets |
Club Riches | C$3000 + 250 free spins | No more than 72 hours | E-wallets |
Wildz Casino | C$500 + 200 free spins | 1-8 hours | Bitcoin payment |
Playfina Casino | C$1350 plus 200 free spins | Up to 24 hours | Debit or credit cards |
Spin Samurai | C$2000 + 150 free spins | Under 1 hour withdrawal casino Canada | E-wallets |
Jackpot City Casino
Established in 1998, Jackpot City has had plenty of time to build itself into one of the premier online casino destinations in the world. There are more than 700 exciting games to choose from, along with some great bonuses and a range of fast withdrawal casino payout options. Players can feel secure thanks to licences from both the Malta Gaming Authority and the Kahnawake Gaming Commission. Finally, there’s a 4-part 100% match deposit welcome bonus worth up to $1,600.
- Payment Options – VISA, MasterCard, ecoPayz, Skrill, Neteller, Neosurf, Paysafecard, MuchBetter.
- Average Withdrawal Speed – 1-3 Business Days
Club Riches
Club Riches is a recent addition to the iGaming industry having launched in 2021. With a website supporting many languages, players can enjoy a huge selection of slots, table, and live dealer games from some of the world’s top software developers. New players are rewarded with a welcome bonus of up to $2,000 over the first 4 deposits, plus 100 free spins.
- Payment Options – Neosurf, MasterCard, VISA, Bitcoin, Jeton, Ripple, Revolut, SOFORT, Trustly, AstroPay, Tether, Ethereum, NETBank, USD Coin, Litecoin, Bitcoin Cash, Bank Transfer, Litecoin, MuchBetter.
- Average Withdrawal Speed – 1-2 Business Days
Wildz Casino
The MGA-licensed casino has over 1,200 from over 70 software developers. When it comes to withdrawals, all the payment options listed below function, apart from Paysafecard, with the minimum cashout being $20. If you’re signing up for the first time, then there’s a welcome bonus of 100% up to $500 plus 200 free spins.
- Payment Options – MasterCard, VISA, Skrill, Neteller, ecoPayz, Astropay, Bank Transfer, Paysafecard.
- Average Withdrawal Speed – 1-3 Business Days
Playfina Casino
If you’re looking for a huge selection of games, then you’ll find over 11,000 titles at Playfina. Apart from more regular payment options, the platform accepts a large range of cryptocurrencies making it one of the fastest payout casinos when compared with other withdrawal methods. We should also mention that there’s a tasty welcome package of 100% up to $1,400 plus 600 free spins.
- Payment Options – Visa, Skrill, Tron, MasterCard, Neteller, Interac, Neosurf, Bitcoin, Bitcoin Cash, Ethereum, Doge, Binance Coin, CashtoCode, Maestro, Jeton, Neteller, MiFinity, iDebit, AstroPay Card, Paysafecard, Litecoin, Ripple, Tether.
- Average Withdrawal Speed – 1-3 Business Days
Spin Samurai
As you can guess from the name, this casino is designed around Japan’s feudal past. You’ll find over 3,700 real money games including many popular progressive slot titles. There’s a 3-part welcome bonus for new sign-ups worth 100% up to 1,200 plus 75 free spins, though high rollers can get $5,550.
- Payment Options – Interac, MiFinity, MuchBetter, Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ripple, Ethereum, Tether, Flexipin, Bank Transfer
- Average Withdrawal Speed – 1-3 Business Days
How Can I Get a Fast Casino Payout?
First off, you’ll need to find and sign up at a fast payout casino. Follow the steps below, and you’ll be pulling out your winnings in no time.
1️⃣ Choose and Register at a Fast Payout Casino
To get started, choose one of our recommended fast withdrawal casinos from the list above. By clicking on the “Join” or “Register” button, you’ll be taken to the sign-up page. Input the requested information, including name, DoB, address and email.
2️⃣ Complete KYC Requirements
It’s also a good idea to complete the KYC requirements at this point. For this, you’ll need to upload a CA government-issued photo ID, like a passport or driver’s licence to prove you’re over 18/19 years of age. In addition, a recent utility bill proves your address. Take note: it may take the casino’s compliance department a couple of days to process your request.
3️⃣ Claim Your Welcome Bonus
We suggest you grab the welcome bonus. After all, these are extra funds and free spins that are absolutely free. It’s the perfect way to stretch your bankroll, increase playing time, and improve your winning chances.
4️⃣ Play the Games
Now head over to the website’s games lobby, This is where all the online casino’s games are listed. Knock yourself out enjoying your favourite slots, table or live dealer games.
5️⃣ Request a Fast Withdrawal
With some winnings in your new account, it’s time to request a withdrawal. Before doing so, make sure you’ve completed the wagering requirements.
Instant Withdrawal Casino: Tips for Speed Up Payouts
Even if you’re already playing on a fast withdrawal site, there are still some tips and tricks that can help speed up the cashing-out process:
- Payment Method Matters – In the digital age, it makes sense to utilise digital payment options. Cryptocurrencies like Bitcoin and Ethereum are going to offer the fastest payouts, with e-wallets like PayPal and Skrill coming next. Credit cards like Visa will take longer. Finally, you might want to miss out on Bank wire transfers altogether, as they are super sluggish.
- Pre-Verify Your Account – Be sure to complete the KYC process when you join the casino, not when you’re in a hurry for your winnings.
- Use the Same Deposit and Withdrawal Methods – This simplifies the casino’s tracking process, whilst reducing the need for further verification, thus allowing for faster withdrawals.
- Read the Withdrawal Terms and Conditions – This is the casino’s “small print”, where you’ll find details such as the minimum and maximum withdrawals allowed, along with estimated processing times. Likewise, any transaction fees you might incur will be listed here.
Fastest Payout Casino Payment Methods
The payment method you choose is going to have the biggest effect on the payout speed, even at the fastest payout online casino. Digital currencies, whether crypto or e-wallets are going to be considerably faster than more traditional methods like credit or debit cards. However, we suggest you stay away from bank transfers as these are incredibly sluggish, with funds taking up to two weeks to land in your bank account. Though you’ll often find cryptocurrencies billed as “instant” there’s often a delay in blockchain verification. This means you could be waiting a few hours.
It’s worth keeping in mind that both Skrill and Neteller, though offering fast payouts, are often ineligible for bonuses. Below, we’ve listed some of the most common withdrawal methods available at Canadian casinos. Take note that the withdrawal speeds and limits displayed are averages and may vary from casino to casino.
Payment Method | Deposit Speed | Withdrawal Speed | Average Withdrawal Limits |
eCheck | Instant | 3 – 10 Days | $10,000 |
Bank Transfer | Instant | 5 – 10 Days | $10,000 |
Mastercard | Instant | 1 – 3 Days | $10,000 |
VISA | Instant | 1 – 3 Days | $10,000 |
iDebit | Instant | 72 Hours | $10,000 |
InstaDebit | Instant | 48 Hours | $10,000 |
Payz | Instant | 48 Hours | $2,000 |
Skrill | Instant | 24 Hours | $10,000 |
Neteller | Instant | 24 Hours | $10,000 |
PayPal | Instant | 24 Hours | $5,000 |
Interac | Instant | 24 Hours | $10,000 |
Ripple | Instant | Instant | No Limit |
Bitcoin | Instant | Instant | No Limit |
Ethereum | Instant | Instant | No Limit |
Some more shady casinos might charge a fee for making a withdrawal, with the amount hidden within their terms and conditions. We’re happy to report that none of the fast withdrawal casinos we recommend charge any fees on top of your withdrawals. However, there may be charges from your bank when it comes to handling these transactions.
Picking an Instant Withdrawal Casino in Canada
As a given, when testing any online fast payout casino, we sign up, play the games, and cash out. This gives us a first-hand experience of how the casino processes withdrawals in real-time. After all, there’s little point in recommending fast withdrawal casinos if we haven’t fully experienced the cashing-out process ourselves. This also involves going through the casino’s terms and conditions with a fine tooth comb to see if there’s anything detrimental to the players hidden within the small print. Below, we’ve listed some of the most important aspects we look into in order to ensure that the advertised fast payments really are fast.
✅ KYC Account Verification
All properly licensed online casinos require their players to fulfil KYC requirements before requesting a payout. These are in place to guard against money laundering and to control underage gambling. You’ll need to upload a government-issued ID like a passport or driver’s licence, as well as a recent utility bill. There’s no getting around this requirement. But to speed up the withdrawal process, we suggest completing these when you sign up for the first time rather than when you want to make your first withdrawal.
✅ Withdrawal Speed
As previously mentioned, many online casinos are loose with their language when they speak of “Instant” or “Fast Withdrawals.” In truth, several factors can slow things down. These include the casino’s own processing time and the time required for the banking platform to process the transaction at its end. In real terms, this translates to a minimum withdrawal speed of around 1 day or 24 hours. Of course, some platforms like e-wallets and crypto may be faster, but it’s not something we would want to bet on.
✅ Withdrawal Limits
Casinos fight hard to both find and retain their customers. As a result, very few, if any, casinos will set maximum withdrawal limits. In many cases, these should cover the average winnings from table and live dealer games. However, if you hit a major progressive jackpot like Mega Moolah and land millions of dollars, don’t expect the casino to have that amount of cash on hand for a single swift payout. In such cases, the prize will be divided up, and you’ll be limited to a fixed payout every week or month until the total is reached.
✅ Withdrawal Methods
The banking method used has a huge impact on the time of the whole withdrawal process. For example, a cryptocurrency like Bitcoin might move from the casino’s wallet to your own within a matter of hours. At the other end of the scale, a bank wire transfer could end up taking up to 10 working days. We suggest you do some research on the fastest payment options and choose those that are both convenient for you and offer decent withdrawal times.
✅ Bonus Offers
There’s little point in us recommending a casino if the bonuses on offer are tiny or come with too many restrictions. Depending on your bankroll, it’s a good idea to grab the largest welcome bonus as this will increase your spending power, oftentimes doubling your initial bankroll. It’s the same story with free spins. Both bonus cash and extra spins can lead to longer playing sessions which, in turn, improve your odds of winnings and provide a more enjoyable time.
✅ Security and Safety
Every fast withdrawal casino that we recommend has gaming licences from reputable government authorities. This is your guarantee that your funds are safe, the games are fair, and that you’ll receive your winnings in a timely manner. All data should be encrypted with SSL encryption software along with the latest PGP protocols. It’s true that you may come across fast payout casinos advertising the fact that “no verification” is needed to cash out, but this points to a business that doesn’t care about its legal obligations towards its customers.
✅ Customer Service
You never know when a problem or issue might arise. So, having 24/7 customer support is essential. Today, virtually every casino has a live chat service that’s available around the clock. Staffed by friendly, knowledgeable, and professional representatives, expect nothing but a top-notch experience. Even better, most will speak many languages, including English and French, for players from across Canada. Other helpful tools include FAQs on the website and an email address for those in no great hurry for an answer.
Instant Withdrawal Casino Games
The withdrawal speed of even the fastest payout online casino is just one of many aspects that can make or break your gaming experience. Another aspect that’s important to check out is the games. You want to ensure they include your favourites and new ones you want to try.
If you’re looking for big payouts at an instant withdrawal casino in Canada your best bet is playing the progressive slots. These put a small percentage of each bet into a prize pool that can grow to an eye-watering size before someone spins the reels and lands the correct combination. Below are three of our favourite progressive jackpot slot titles available at this kind of casinos.
🎲 Jackpot Giant
Playtech has given us a well-designed video slot featuring a jolly giant living on a brightly coloured tropical island. With a classic 5×3 layout, 50 paylines, and a medium variance, the slot’s RTP comes in at 94.22%. Apart from scatters, wilds, free spins and a bonus game, there’s a progressive jackpot worth a minimum of $1 million.
🎲 Mega Moolah
The African-themed Mega Moolah could be considered the king of progressive slot machines. Boasting low volatility and an RTP of 93.42%, the video slot is super easy to play with its 5 reels and 25 paylines. Though an older game having first launched by Microgaming in 2006, it has built a stellar reputation as a big player, with average prizes of $2 million.
🎲 Mega Fortune
With regular payouts over $2 million and one even touching $17.9 million, NetEnt has produced a slot with huge winning potential. Sporting a fitting theme of riches and wealth, it’s no surprise that so many players flock to the game’s 25 paylines in the hope of hitting one of its three jackpots. Thanks to a very reasonable RTP of 96%, spinning its 5 reels offers an economical yet exciting thrill.
Pros and Cons of Fast Paying Casinos
Quick money processing and instant withdrawals;
Provides peace of mind, ensuring players of legitimacy and efficiency;
Offers various bonuses, including welcome bonuses, no-deposit bonuses, and free spins;
Excellent customer service;
Uses advanced technology for secure transactions;
Immediate access to winnings without waiting;
More control over funds, enabling timely access.
Not many casinos offer fast payouts;
Limited variety of games and bonuses compared to larger casinos.
FAQ
- Q. What is a fast withdrawal in an online casino?
- A. It’s a casino where the majority of payouts take less than 24 hours to process.
- Q. What online casino has the fastest payouts?
- A. All of our recommended fast payout casinos offer Canadian players the chance to withdraw funds quickly.
- Q. What is the fastest withdrawal time?
- A. Cryptocurrencies like Bitcoin and Ethereum only take around 2 hours.
- Q. What is the fastest withdrawal payment method?
- A. Once again, cryptocurrencies take the prize.
- Q. What is the minimum and maximum withdrawal at online casinos?
- A. This will be stated within the casino’s terms and conditions, though they usually range from $5 - $20.
- Q. Are there any fees charged with fast payout online casinos?
- A. Fast payout casinos rarely charge any fees for withdrawals, though your payment provider might add a small fee for processing.
- Q. How can I withdraw my winnings from an online casino?
- A. Simply click on the “Withdrawal” button in your account. Note that you’ll need to fulfil both KYC and wagering requirements beforehand.
- Q. Is it safe to use instant withdrawal casinos in Canada?
- A. Absolutely! Provided the casino has a licence from a reputable gaming authority, all your funds and data are secure.