How To Bet With Interac

Interac is the best method for Canadians to deposit and withdraw from online sportsbooks. Interac is an email based online banking platform based in Canada, which allows for fast, secure, and simple funds transfers to and from Canadian bank accounts.

The vast majority of financial institutions in Canada can facilitate Interac e-transfers. There are generally no fees associated with Interac deposits or withdrawals. Overall, Interac is the best option for depositing and withdrawing at online sportsbooks from Canada.

Betting Sites Accepting Interac Payments

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All of our recommended betting sites for Canadians accept Interac for both deposits and withdrawals.

How To Deposit With Interac

First you should select ‘Interac’ from the payment methods options, enter your deposit amount, and select ‘Deposit’.

This screenshot is from the SportsInteraction.com deposit page.

On the next page you will often be able to select whether you want to send Interac via Online Banking or via e-Transfer. Some sportsbooks may not give this option and will instead direct you to either Interac Online or Interac e-Transfer to complete the deposit.

Interac Online

With Interac Online you will need to select your Financial Institution from the Request For Money page. You will then login to your online banking account in order to review and confirm the payment.

Interac e-Transfer

With Interac e-Transfer you will be provided with the e-transfer information (recipient name, recipient email, message, etc.) and you will have to login to your online bank account and initiate the Interac e-Transfer yourself in your online banking.

After completing the Interac transfer through either method you can return to the online betting site. The deposited funds should be available for betting within minutes.

How To Withdraw With Interac

Withdrawing winnings is very easy through Interac.

Select the Interac withdrawal method, enter your withdrawal amount, and select ‘Withdraw’.

When your withdrawal is approved by the sportsbook (this can take up to 2 days) the Interac transfer will be initiated. You will receive an email (to the email associated with your sports betting account) from Interac with instructions on how to accept the transfer. Simply login to your banking portal through the Interac email and follow the instructions to accept the funds.

If you have your email linked with Interac to a bank account, then the transfer will be automatic.