Content:
- Where can you get Prepaid Visa in Canada?
- Prepaid Visa deposit process
- Withdrawals using Prepaid Visa
- Are there fees for using Prepaid Visa?
- Is it worth using Prepaid Visa for online gambling?
- In conclusion
Prepaid Visa cards are little helpers when it comes to online casino deposits. When you don’t want to use your bank card and reveal the credentials, you can easily use a prepaid version of a Visa bank card. The deposit process doesn’t involve your banking details, which is very useful for safety. Another advantage is that Prepaid Visa cards are available at most Canadian casinos. So just take a look at the list of top casino sites below and choose your favorite.
The Canadian online gambling market is huge. There are so many options to play for real money. You can choose a casino with video slots, live games, or even an online sportsbook. And most of them will accept your deposit with a Prepaid Visa card.
We recommend you choose your casino carefully by weighing all the pros and cons. For this, use our detailed casino reviews in Canada, where we mention pluses and minuses, banking details, bonus offers, and other stuff offered by each casino.
Where can you get Prepaid Visa in Canada?
Prepaid Visa service is very convenient for Canadian users. You can find cards nearly everywhere, including online.
The official issuers of Prepaid Visa are Canadian banks such as CIBC, Peoples Trust Company, Digital Commerce Bank, and Desjardins.
You can find preloaded cards from Visa at local stores, grocery stores, gas stations, drug stores, and other retailers. If you don’t want to go out, Prepaid Visa cards are available for online purchase. They are reloadable meaning you can load to the card you bought online using your bank card. The limit for refilling is up to $15,000.
Prepaid cards are issued with predetermined amounts of money on them. In Canada, they range between $10 and $1,000. Of course, they can vary depending on where you buy a Prepaid Visa due to the availability of physical cards.
Prepaid Visa deposit process
As soon as you have a prepaid Visa card, you can deposit money and play. Here’s how to:
- Go to a casino that accepts Prepaid Visa.
- Log in and go to the deposit section.
- Select Prepaid Visa from the list of all available options.
- Enter the deposit amount, mind the value limits.
- You’ll be prompted to a secure page where you need to enter a PIN code for the card.
- Confirm.
Sometimes players are required to confirm their address. And as soon as you finish the request, money will appear on the gambling site balance.
Withdrawals using Prepaid Visa
There’s no option to withdraw using Visa Prepaid because the card doesn’t work with your bank account. For this, you need to find an alternative.
Some of the fastest methods are e-wallets like Skrill, PayPal, MuchBetter, Neteller, Ecopayz, etc. They process funds within 24 hours.
Are there fees for using Prepaid Visa?
Online casinos don’t charge players for deposits, especially when prepaid cards are used. However, you might be charged some money when buying a prepaid card or refilling it online.
For example, retailers can charge you for card activation at the moment of purchase. So you need to pay not only the amount of the card's denomination but also the activation fee. Usually, it costs about $5.
If you hold an online Visa prepaid card, you can be charged a maintenance fee of about $10 every month.
Is it worth using Prepaid Visa for online gambling?
Before you select your payment method, you must be sure it’s convenient for you because each player has their own preferences about payment service. So let’s look at the benefits you will experience while using Prepaid Visa:
- It’s totally secure because it’s created by Visa, one of the most trusted payment service providers. It operates across the globe using the latest technologies to provide security.
- It’s private meaning you don’t need to reveal your bank card details or even your name. Prepaid cards are mostly used for single-time deposits by players who wish to stay anonymous. Or it’s a great option for players, whose bank blocks all casino deposits due to some restrictions.
- No effort is required for making a real money deposit. It’s enough to buy a prepaid Visa card and enter the details into the fields following the instructions.
- Deposits are super fast when you use a Prepaid Visa at an online casino that accepts it.
- It’s a budget-friendly deposit option because it doesn’t allow you to deposit more than the preloaded amount. All prepaid Visa cards come with a limited sum of money, and you can choose the denomination depending on your financial status.
- Because players are limited to the amounts of money they can deposit, Prepaid Visa cards help them stay responsible. It will prevent you from playing big, chasing losses, and other negative effects of problem gambling.
By checking these advantages, one may think that a Prepaid Visa is the best option for him. However, don’t hurry, take a moment to learn about the downsides:
- Cash-outs are impossible with a Prepaid Visa. So you will have to use an alternative payment service for casino withdrawals.
- Limited values won’t let you play big or play long. If you prefer bigger wagers and deposits, you need to consider other options that process large amounts of money.
- Prepaid card sellers often charge buyers for card activation. The fee depends on where you buy a Prepaid Visa.
Now that you know about all the upsides and downsides, you can decide to use a Prepaid Visa for online gambling in Canada. And if your decision is positive, make sure to register at an online casino that accepts the Prepaid Visa that we recommend on this page.
In conclusion
Prepaid Visa cards are a nice option for budget players. However, even when playing with a limited budget, you need to remember about fees and limits imposed by online casinos. If you buy a Visa prepaid card with a value of $10, not every casino site will accept your deposit since most minimum deposit limits start at $20-$30. So it makes sense to buy a card with a higher denomination.
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