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iDebit Review

If you choose to use the iDebit payment method for funding your online casino account with, then you’ll basically be going through a sort of bank transfer. However, it acts as the middleman in such a transaction. So, rather than you sending your money directly from your bank account and potentially exposing your bank details to the casino in the process, your funds go through the iDebit system and then on to the casino instead. Therefore, it operates as a more secure banking option.

iDebit is primarily available for residents of Canada to use, which is not necessarily a bad thing, as it does provide a secure alternative for such players to utilise. Naturally, everyone would like to be able to have access to alternatives, but this one does have more of a focus on Canada’s players. As some sites describe it, iDebit essentially speeds up and secures transactions between your bank account and the retailer of your choice. So, you’ll get to experience quick deposits and withdrawals via this method and it has low transactions fees alongside.

The iDebit brand has achieved quite a lot in its relatively short time period in operation as a payment method. This has, of course, contributed to its growth over the years. Its popularity with Canadian players has also made sure that players in other countries have taken notice of it. It is for this reason that it has become available to gamers who live in Australia, Sweden, the United Kingdom and the United States. That being said, in those locations, it isn’t quite as popular as it is within Canada.

How to Make a Deposit Using iDebit

Before you’re able to make a deposit through iDebit, you need to sign up for an account through the official website. This is quick and easy to do and once you have an account, you can make casino deposits swiftly. Registering for an account is a painless process, only requiring a few details from you. You should be able to set up an account within a couple of minutes.

From there, you simply need to select iDebit on the cashier page of the casino, which will then ask you to sign in to your account with your email address and password. Afterwards, you need to select one of the banks that you hold an account at and that iDebit supports. Speaking of which, there are multiple banks that operate alongside iDebit, ensuring that it’s not solely catering to users of one or two financial institutions. Then, you need to log in to your online bank account with your standard login credentials and approve the payment into your casino account.

It’s important to know that iDebit is only available to use in USD or CAD, and that there is a fee for making a payment via online banking this way. This fee stands at $1.50 per transaction, although the online casino shouldn’t have any additional fees for depositing on top of this. Therefore, while it’s always much more appealing to use a payment method that doesn’t have additional fees attached to its use, $1.50 isn’t a huge amount. In the grand scheme of things, if you’re depositing $100 for example, then $1.50 on top is of little significance.

Minimum Deposit Amount Using iDebit

Normally, it would depend upon the casino’s own transaction limits for the minimum that you can transfer via this method. Because iDebit basically operates as the middleman between your bank account and casino account, there’s really no limit to the amount that you can transact. iDebit deposits are instant, so you’ll always find that the money is sent directly from your bank account to the casino. This is quite different to another Canadian offering, Interac Online, which can sometimes take up to 30 minutes to fully process through.

The $1.50 charge that comes with making an iDebit deposit is taken out of your bank account at the same time as the transaction takes place. So, if you’re depositing $100 into your casino account, you’ll see a deduction of $101.50 altogether. However, you do get to play the game in the lobby of your chosen casino straight away. Additionally, if there is a welcome offer, deposits through iDebit usually don’t stop you from claiming such as some other depositing methods do.

Minimum Withdrawal Amount Using iDebit

The rules surrounding withdrawals via iDebit are pretty much the same as they are when it comes to depositing. Basically, it depends upon the minimum withdrawal limit of the online casino, as to how much you can take out. Also, some casinos may offer iDebit for depositing purposes, but may not provide such for withdrawing.

If the casino does provide this option though, your funds will be withdrawn to your iDebit account, rather than directly to your bank account. So, if you do want it to go back to your bank account, you’ll have to then take it from your iDebit account as a second withdrawal. This can take up to five business days to complete. It’s also important to keep in mind that when you do opt to withdraw from your iDebit balance back to your bank account, there will be a charge of $2 Canadian dollars to do so.

The process of withdrawing through iDebit is relatively easy, though. Simply select the method as your preferred payment type from the casino’s cashier page and you’ll then be asked to login to your iDebit account. Input the amount that you want to withdraw and then proceed with the request. As long as you’re verified at the online casino, there should be no issue with processing this transaction through.

Casinos That Accept iDebit

A few online casinos allow their players to deposit through the iDebit method, including one of our favourites, which is:

  • EUSlot.com – Gaming at this casino is a great experience, especially if you’re a fan of slots and of mobile gaming. It includes a great welcome reward, which also incorporates freespins for you to benefit from. Not only that, but the game lobby at EUSlot.com features titles from various well-known and high-quality developers. These include Elk Studios, Yggdrasil, Microgaming, Endorphina and Netent, to name but a few. Therefore, if you make an iDebit deposit there, you’ll have plenty to receive promotion-wise and plenty to play game-wise.

Why You Should Use iDebit

Users of iDebit get to experience a much more secure method of transferring money to their online casino account, because they’re not exposing their bank details to the platform. This can be of great advantage to players who aren’t comfortable using cards or standard bank transfers at online gaming sites. Additionally, it operates as an instant deposit option and the fees for using it are relatively low at $1.50 per transaction.

While it’s true that iDebit does place quite a focus on Canadian players, it is accessible to a few other countries, too. The fee structure for deposits and withdrawals is very clear and simple to understand with this payment method, too. So, it’s easy for anyone to make use of for such. Withdrawals via iDebit are fairly simple as well. The main issue with iDebit is that it isn’t available to use at a large number of online casinos for the moment. This does have the possibility to change in the future though, as it does provide an appealing alternative for gamers to make use of. On the whole, it offers up a great payment method for those able to access it.

Advantages

  • Instant deposits
  • More secure than a standard bank transfer
  • Low transaction fees

Disadvantages

  • Only available to use in USD and CAD currencies
  • Not available at a large number of casinos
  • Withdrawal of funds are sent to iDebit account, rather than directly to bank account

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