Content:
- What kind of gift card do you have?
- How to deposit with a gift card
- Are gift card withdrawals available?
- How much does a gift card cost?
- Are there fees for using gift cards?
- Is it worth paying with a gift card at online casinos?
Gift cards are ideal presents because they solve your biggest problem on Day X — they give a person an opportunity to get what he wants. It can be a physical gift but many gift card holders choose to use the money for real money winnings. Gaming entertainment is even more fun when instead of using your own money you use a monetary gift. If you have received a gift card from someone, you can easily turn it into a larger gift by playing at the following Canadian casinos.
Most sites in Canada accept gift cards for deposits. So choose any casino on this page and go straight to the deposit section to use your gift.
But if you want to make a careful choice of an online casino, we recommend you read casino site reviews on bestocasino.com. On our gambling portal, we post only real reviews made by experts so you can trust our choice. We recommend only licensed casino sites in Canada for our visitors.
What kind of gift card do you have?
There are various types of gift cards. And depending on the type, your tactics for using it will differ.
Most gift cards are used the same way as prepaid cards. They are issued by banking institutions and based on trusted payment service providers such as Visa and MasterCard. For example, you can buy or get a gift card powered by Visa. To use it, you only need to find a casino that accepts Visa, which is nearly every gambling platform in Canada.
Some gift cards are developed by casinos themselves, which means that a person can use the card only at the casino that issued it. The name of the merchant will be mentioned on the card.
These types of cards can be both physical and digital. Usually, physical gift cards can be bought at retailers and used at both online and offline casinos. Digital gift cards are sold virtually on online shopping platforms or official websites of issuers. Obtaining them is even easier because all you need is to get the email address of the recipient. When purchasing the gift card, you will need to enter the email and the person will receive a unique card code on his email box.
How to deposit with a gift card
Gift cards are perfect for online casino deposits, no matter if you’ve bought a card for yourself or got it as a present. The main advantage of gift cards is that you don’t need to enter your bank card details. Then, what should you do to top up a casino balance? Follow the steps below:
- Log in to a casino that accepts your gift card. It depends on the payment system such as Visa and MasterCard.
- Navigate to the banking page.
- In the deposit section, choose the payment method (a company that serves the gift card — again Visa or MasterCard).
- Enter how much you wish to deposit but keep in mind the limits of your gift card.
- Enter a secure code provided on the gift card. Also, add the expiry date and the CVN code mentioned on the card.
- Confirm your deposit and go back to the lobby. You will see your funds mere seconds after you finish the transaction.
Most gift cards must be activated before being used at online casinos. They are either activated at the moment of purchase or automatically when making a deposit.
Are gift card withdrawals available?
Telling you straight off, no. Withdrawals can’t be processed back on the gift card. This is due to the nature of gift cards — they have neither a bank account nor your data. So it’s just impossible to get a cash-out on a gift card.
Instead, online casinos will offer you to choose from other secure methods. These include bank cards and wire transfers if you want to receive money straight to your bank account. Or you can choose an e-wallet or cryptocurrency if you prefer faster payouts. These methods involve fees for their fast and convenient service.
Depending on the withdrawal method, it can take between 1 and 10 days for the money to arrive at its destination. If speed is important to you, make sure to choose a payout method carefully by weighing all the pros and cons.
How much does a gift card cost?
The price of a gift card depends on the value it brings. If someone gives you a $1,000 card as a present, then it costs $1,000 and a small activation fee.
But different gift cards can cost as low as $10. You must keep in mind though that low-cost gift cards might be denied by casino operators due to their minimum deposit limit. Most Canadian casinos have a limit starting at $20 or $30. But of course, some online casinos accept low deposits of $1, $5, or $10.
Are there fees for using gift cards?
When depositing with a gift card on online gaming sites, you won’t be charged anything. But you or the person who gifted the card will have to pay an activation fee. The value of this fee varies depending on the payment system. Usually, the fees of the cards issued by Visa and MasterCard range between $2.95 and $6.95.
If you have a reloadable gift card meaning you can link your bank account and add money to the card, you will likely be charged a reload fee.
Besides, you can be asked to pay a currency conversion fee if you use a currency different from the one used by your online casino. For the record, many online casinos use EUR or USD as a principal currency.
Is it worth paying with a gift card at online casinos?
If you’ve received a gift card from someone, it makes sense to try your luck on a casino platform. You might win and multiply your gift or you might lose all the money but have a lot of fun.
But even though you bought the card yourself, there are numerous pluses for using it. First, it’s easy to obtain and find a casino that accepts gift cards. You don’t need to create an account or provide your banking card details to use it for real money games.
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