iDebit is a popular digital wallet that allows users to make payments to websites directly from their banking accounts. It serves to remove any need of sharing any sensitive banking or financial details with online gambling sites.
There are many casinos that support iDebit as a payment method. Widely accepted in Canada among other countries, iDebit provides players with a safe and secure payment method for making deposits and withdrawals.
Keep on reading to learn more in-depth about this payment method.
If you are looking for an alternative payment method, iDebit is the ideal payment method for players who want an extra layer of protection. Check out the below verified and trustworthy iDebit Casinos at JohnSlots.
Like all e-wallets, iDebit comes with its own set of pros and cons. Have a glance at the below advantages and disadvantages to get a good overview of this payment method.
|PROS OF IDEBIT||CONS OF IDEBIT|
|Make deposits directly from your bank account||It is only mostly available to Canadian players|
|There is no account registration for iDebit||It is only available at participating banks|
|Deposits are processed instantly||You must have access to online banking|
|Creates separation between your bank and casino||It not widely available at most online casinos|
|Low transaction fees and no hidden costs||Withdrawals can be slower than others|
|Extra safety and security measures in place||Transaction fees can be up to $2 each|
To make a deposit at a chosen online casino, you would need to be logged into your iDebit casino account first. If this is your first time, you may want to check that your banking institution allows iDebit transactions.
You will also require your online banking details in hand to get started. Before registering to a new iDebit Casino, it is always best to have a good overview of the minimum and maximum thresholds as well as any fees charged by the casino.
Use the following steps:
- Set up your account
- Select a casino from our list
- Choose iDebit as a payment method
- Enter the amount you would like to deposit
- Select your bank from the list and input your online banking login details
- Go back into your casino account
iDebit and Bonuses
Online casino bonuses come part and parcel of the online gambling scene. Most online casinos offer a welcome deposit bonus which is available for all newly registered players. Some players may also be offered a no deposit bonus as soon as they register for an account.
If you want to use iDebit, you should first find a list of iDebit sites like the one here at JohnSlots and browse through the available welcome deposit bonuses.
While some casino bonuses may look overly generous, it is important that you read the terms and conditions before taking the leap and making a deposit. Opting for a fair casino bonus will provide you with a more enjoyable online gambling session.
Fees When Using iDebit for Deposits
The iDebit payment system works with a myriad of currencies, including Euros, British Pounds, Australian Dollars, American Dollars and Canadian Dollars. If you require to convert the currency to make a deposit, you may be charged an exchange rate established for that day.
To make a money transaction with iDebit, there is a fee of €/£/AU$1, $/C$1.50 per transaction. Making money transfers from your iDebit account to the bank account comes with a €/£/AU$/$/C$2 per transaction.
Money withdrawal from any online casino account to an iDebit account comes with no fees. While deposits are processed instantly, withdrawals are generally completed within 5 working days.
Minimum Deposits with iDebit
The minimum deposit with iDebit will usually depend on the online casino you are signing up to. Generally, it should be between €10 and €20. It is rare for online casinos to charge a fee on deposits, but it is still viable. Players should check beforehand that there are no fees added on top by the casino.
You can do this by either going through the terms and conditions or else by having a glance at the Payments/Banking Methods page of the casino. On this page, you will be able to see if the casino also accepts this payment method for withdrawals.
If you want to claim the welcome deposit bonus, you should also be aware of the minimum deposit to be eligible. The minimum deposits for welcome bonuses tend to vary from one casino to another.
How Fast are iDebit Deposits?
By opting for iDebit, casino players can expect their funds to be instantly credited to their accounts. There are no delays.
Furthermore, whereas iDebit does impose some fees, they tend to be significantly lower than those of other payment methods.
When you are done playing and ready to cash out your winnings, you can do so with iDebit. The way you go about withdrawing your winnings is similar to the depositing process.
While deposits take place there and then, withdrawals can take up to 5 working days to clear.
Use the following steps:
- Head to your online casino’s withdrawal page
- Select this payment method as a withdrawal option
- Enter the amount you wish to withdraw
- Approve the withdrawal
Can I Always Make Withdrawals with iDebit?
Generally, yes you can always use iDebit to cash out. Bear in mind that online casinos are required by law to process your winnings back to your deposit method. That said, some online casinos might not accept iDebit for withdrawals.
In this case, you can opt for other payment methods. However, in the majority of the cases, you should be able to cash out without any issues.
iDebit is not as widely accepted as other payment methods, so there is some digging to go. If you landed on this page, we have done all the relevant checks for you, so you don’t have to. However, if you are sizing up a new casino, you may need to take the following factors into consideration:
- Valid gambling license: A valid gambling license should be at the top of your list. A gambling license ensures that the casino uses a random number generator to produce fair results.
- Availability of bonuses: Players looking to boost their bankroll should look very closely at the promotions available. For example, if you love playing live casino games, a live casino bonus would come in handy.
- Software game providers: The quality of a casino usually depends on its game library. It is not just about the number of games, but the number of reputable game providers onboard.
- Various payment methods: Besides the availability of payment methods, knowing the minimum and maximum thresholds will give you a good overview of how much you need in your account to deposit or withdraw.
- Terms and conditions: The fine print always makes it on our list as they are the ones that are likely to impact your gambling session. If the wagering requirements are too high, you won’t be able to meet them and convert bonus funds into withdrawable money.
Using iDebit at an online casino is not always possible, in which case you would need to opt for a different payment method. Here are some of the best alternatives out there:
- Bank Transfers: Bank transfers work similarly to iDebit, though deposits and withdrawals could be a little slower.
- Mastercard: Mastercard is widely accepted on the market, and considered to be one of the safest methods around. Though you won’t be able to use it for cashing out, it is a quick and effective method for making deposits.
- PayPal: Everyone has used PayPal at some point or another. It is a digital payment processor that enables you to make instant deposits and quick withdrawals. It acts as an intermediary, so you won’t have to share your card details with the casino.
Staying safe when gambling online is important. Payment methods such as iDebit have made it easy for players to stay safe without ever divulging their bank cards.
As a payment method, it enjoys a great reputation though some players may be put off by the slow withdrawal times.
Other than that, this payment method offers tight security measures that are unrivalled.
We have covered in great detail all there is to know about iDebit online casinos. Here are some of the most frequently asked questions about iDebit.
How do I use iDebit to make payments at an online casino?
First off, you would need to find an online casino that accepts iDebit. You simply choose it from the list of payment methods on the ‘Cashier’ page, input the amount you wish to deposit and then you’ll be redirected to your iDebit account. All you have to do is approve your transaction.
How do I know if I’m playing at a legit iDebit online casino?
If you have signed up to an iDebit casino from this page, you are in safe hands as we have run all relevant checks. However, if you are shopping for a new casino, make sure to look for signs of a valid gambling license as well as SSL encryption technology.
Is there an iDebit casino bonus?
There are no specific iDebit casino bonus offers and promotions available. However, you are free to claim any available casino bonuses and promotions at your chosen casino.
Are there any fees to pay for using an iDebit casino?
Yes, a small fee applies when using iDebit but it’s nowhere as high as that of e-wallet options. Furthermore, your chosen casino may apply its own fees for deposits and withdrawals.
Do all casinos take iDebit?
Not all online casinos accept iDebit, but a good proportion of casinos do. Look for signs of an iDebit logo in the footer.
Casino Payment Specialist
Ryan Spencer is a highly knowledgeable Casino Payment Specialist with expertise in various payment methods in the online gambling industry. He helps players navigate deposit and withdrawal processes, ensuring secure and convenient transactions. Ryan's insights cover e-wallets, credit cards, and other payment options, providing players with the necessary information to make informed decisions. His expertise guarantees a seamless and hassle-free payment experience at online casinos.More info on Ryan Spencer