Fastest Payout Online Casinos ๐ŸŽ–๏ธ Canada 2022

Fast payout casinos pay your winnings almost instantly. We have looked for Canadian online casinos that offer quick payouts for the players. We have tested many casinos in the gambling industry and list the casino sites with quick withdrawals.

ยป

You can deposit real money with various casino payment methods. There are differences in the payout speed between payment methods. At the fast withdrawal casinos, you might even get same-day payouts for your winnings. We have done the groundwork for Canadian online gamblers so you can enjoy your playing experience online at our recommended online casinos.

hero-cutout
As seen on

5 Fastest Payout Casinos Online

Online casinos can process withdrawals instantly, but usually, you have to wait up to 24-48 hours to receive your winnings. We have researched Canadian online casinos and listed the casinos with the quickest payouts. Here are top Canadian online casinos with fastest withdrawal times:

  • Rizk Casino – Best Casino with Instant Withdrawals.
  • Wildz Casino – Fast Payout Casino with 1000+ Games.
  • Wheelz Casino – Top Fast Payout Online Casino for Slots.
  • Guts Casino – Top Instant Cah out Casino for Live Dealer Games.
  • LeoVegas – Best Fast Withdrawal Site for Sports Betting.
Fastest Payout Online Casinos

Trusted Canadian online casinos with a reputation for paying winnings fast.

Fast Withdrawal Casinos in Canada by Categories

Especially the new online casinos have realized the importance of paying the winnings fast to their players. It increases the user experience for the players and they are more likely to choose the same casino in the future. Here are the best Canadian casinos with instant withdrawals:

๐Ÿ’ณ Fast e-Wallet Casino Guts Casino
๐Ÿฅˆ Fast Withdrawal Mobile Casino LeoVegas
๐Ÿฅ‰ Fast Payout Live Casino Betway
๐Ÿฅ‡ Fastest Payout Casino Canada Rizk
๐ŸŽ–๏ธ Safe Quick Payout Casino Wildz Casino
๐ŸŽ Quick Payout Bonus Wheelz Casino

Fastest Withdrawal Casino: Rizk

Rizk Casino was the first to realize that casinos with quick withdrawal times make for a much better user experience for the players. It started to make use of new deposit and withdrawal methods and just credit cards and processed everything very quickly.

The near-instant payout time made Rizk one of the best casinos in customers’ minds and grew a huge fan base. Others in the gaming industry immediately followed. In 2022, most real money casinos are making sure to have fast withdrawal speeds in addition to a good casino game selection and other basics.

fastest withdrawal casino Canada

Rizk has near-instant payouts for winnings. The real money casino processes your withdrawals within a couple of hours.

โญ How to Find Fast Paying Casinos

Casinos that have a reputation for paying fast to players are smart. On any given night, thousands of Canadians entertain themselves at an internet casino. Most players don’t want to be waiting on their winnings. There are some important factors you should take into consideration when choosing your casino site:

  • Choose a trusted operator from BonusFinder: Every casino we list on the site has been approved by gambling authorities such as the Malta Gaming Authority or UK Gambling Commission.
  • Check available payment methods: There are differences between casino payments. By default, e-Wallets are the best options for deposits.
  • Pick a casino site that has the best possible casino bonus offers available for your gambling budget.
  • Low minimum deposit: Usually, casinos that have a low minimum deposit required have faster payouts. In most cases, these casino sites have better liquidity so they can take smaller deposits and payout winnings faster.

Why Do Online Casinos Offer Quick Payouts?

When gambling online, we all dream of winning. And when it happens, it’s payout time! Online casinos used to drag their feet when it came to instant payouts.

In 2022, players have started looking for instant withdrawal casinos. These fastest payout casinos process withdrawals instantly, but most of the time it’s going to take at least 1-2 hours before your money appears on your bank account or e-Wallet.

  1. It is an excellent marketing strategy for a gambling site to provide fast withdrawals. Usually, new casinos pay out faster on average.
  2. In recent years, competition has forced Canadian online casinos to speed things up. As of September 2022, some sites can get you your money in minutes.
  3. Being fast with payouts compared to the industry average helps most casinos to keep their players happy.

Withdrawal pending period times vary between Canadian online casinos. With some payment options, you can receive your winnings within hours whereas some payment methods like bank transfer can take up to 5 days in Canada.

โญ Tips on Increasing Your Payout Speed

The sooner you can get your hands on your casino winnings, the better. Here are some tips you might find useful, especially for new players. To speed up your payment process, try the following suggestions:

  • Check withdrawal times for your online casino โ€“ When it comes to processing times, every online casino is different as is every banking method. For instance, some process bank transfers in 2-3 business days, while others can take up to five. In Canada, Casino Rewards casinos take a few days to process all cashouts.
  • Sign up for an e-wallet: Across all gaming sites, e-wallet payment options like PayPal, Skrill, Neteller, and EcoPayz Casinos have the fastest payouts. These services also have debit cards linked to your e-wallet balances. Withdraw to these e-wallets, and you can be enjoying your big win within hours!
  • Use the same payment method for deposits and withdrawals: We’ve found that using the same payment method you used for deposits, will shorter the pending period on withdrawals. Some casinos even require you to do this.
  • Level up your VIP status: Often, Canada online casinos offer faster payouts to higher VIP status players. By playing regularly on specific sites, you can move up to tiers that offer quicker payments. By being on a higher VIP level, you also enable more significant credit card deposits, VIP customer support, and other perks all casino players enjoy.
  • Send your documentation beforehand: Every online casino is going to request an ID, either passport or driving license, and a utility bill to verify your account. This is part of the casino’s anti-money laundering (AML) program. The good thing for the players is that you only need to do this KYC (Know Your Customer) process once. After you’ve verified your account, your future payments are more effortless.
fast withdrawal casinos

LeoVegas offers faster withdrawals as part of their VIP program.

โญ General Payment Processing Guidelines

Not familiar with the withdrawal process at online casinos in Canada? Here’s how it works, from start to finish:

  1. Find the cashier โ€“ This is where all deposits and withdrawals are processed. After logging in, you can usually find the cashier along the top menu bar. You’ll find it under “Banking” or a similarly named option on some mobile casinos.
  2. Make a withdrawal request โ€“ On the cashier page, you’ll see your current balance, as well as buttons for deposits and withdrawals. Click the withdrawal button, and the cashier will present you with a variety of withdrawal options. Select one, then input the amount you wish to withdraw. The minimum withdrawal you can request is often either C$10 or C$20.
  3. Input billing details โ€“ Lastly, you’ll need to provide information on your destination casino account. Enter requested personal information in the provided fields โ€“ once you have finished, click the “submit” button.
  4. Be patient โ€“ Unlike deposits, withdrawals are NOT instant. Even for so-called instant withdrawal options, there is a small delay. Depending on the site/withdrawal method, they take anywhere from a few minutes to a few hours to review requests. Sometimes, withdrawals can take up to 24 hours before they’re released.

An important point about this whole process is that your second cashout will be faster than the first one. Every casino site only checks your id once, so you need to wait for this process to complete with the first withdrawal. This process has to be done only once, so after they have all the papers, online casinos like Rizk and Guts send your funds as soon as you click “withdraw”.

โญ Fastest Withdrawal Methods

Online casinos only offer payment methods with a good reputation for safe and secure money transfers. However, there are differences between the payment methods in Canada. They can vary on how fast your money appears on your account after making a withdrawal request.

The slowest withdrawal option for cashing out is a paper check, followed by standard bank transfer and electronic checks. Fortunately, most other withdrawal methods are better in almost every way. In summary, we’ll run down the best casino payout methods:

Withdrawal Option Payout Speed
e-Wallets 0-1 hour
Interac E-Transfers 1-2 business days
Neteller 1-2 business days
PayPal 1-2 business days
PaysafeCard 1-2 business days
Skrill 1-2 business days

These times depend on the online casino you play. Customer service can always help you out and let you know which payment methods to use for the fastest payout possible. Banking options like credit cards are typically instant for casino deposits. Keep in mind that you might not be eligible for the casino bonuses with every payment method the casino lists.

What to Look for in a Fast Payout Online Casino?

Some online casinos offer “fast payouts” which means they process withdrawals as soon as they are requested. Withdrawals may be subject to verification procedures, during which time the casino may request additional documentation from you.

Most online casinos have a pending period for withdrawals, during which time they may reverse the withdrawal if you change your mind. Some online casinos charge fees for withdrawals, while others do not.

Withdrawal Restrictions

Many casinos have other policies in addition to bonus terms and conditions. These vary from one site to another, so we advise that you look at them before taking advantage of the online casino’s welcome bonus. These agreements restrict withdrawals in the following ways:

  • Minimum/maximum limits โ€“ The minimum you can cash out is typically $20. There is no maximum on what you can withdraw, so even if you win hundreds of thousands you’ll get your cash.
  • Daily / weekly limits – Most Canadian casinos cap the amount you can withdraw per day and week. Typically, a casino will pay you around $50,000 per week, so if you win $200,000, you’ll get your money for sure, but it’ll just take a month. Progressive jackpot winnings don’t fall under this system, so if you hit Mega Moolah for millions, you’ll get that pile of CAD with one go (from the game provider Microgaming).
  • Transaction number limits โ€“ A cap on the number of withdrawals. For example, if an online casino’s limit is three per week, that’s all you get, regardless of transaction size.
  • Higher VIP levels pay you more โ€“ The maximum number of cashouts you can make and the maximum sum you can cash out often depend on your VIP level. A new customer could maybe cash out $20,000 per week and a higher VIP-level player $100,000.
  • Active promotions โ€“ welcome bonuses and ongoing promotions offer players a chance to make loads of cash. However, some casino sites will bar you from withdrawing if you haven’t completed wagering requirements. Others allow withdrawals, but in doing so, force you to forfeit all received bonus funds.
  • Document Checks โ€“ This restriction is more common in the UK, where the government mandates security checks by law. If your gaming site requires age documentation, they will not allow you to withdraw until you provide proof. Often these checks apply specifically to Canadian players who deposited with a debit card or credit card.

Not that how you won doesn’t matter. Casino games from online slots of all software providers to table games are equal when it comes to cashing out, as long as you’ve met all terms and conditions of the welcome bonus offer you’ve enjoyed.

โญ Responsible Gaming

Quick payout casinos we recommend should live up to their promises and provide an excellent overall gaming experience. You can expect them to pay you out quickly but also keep their players happy so they would keep playing on the casino site. With fast payouts, your wait for your winnings to show on your bank account will be minimal.

Be vary that the reason why casinos have started offering fast payout is that it makes players more likely to play again on the casino site. Online gambling is a form of entertainment. You should only play with money you can afford to lose.

The Pros of Fast Payout Online Casinos

There are a few different groups of people who can benefit from fast payouts at online casinos. The first group is made up of high rollers and VIPs. These are the players who tend to deposit large sums of money and play high stakes games. They can benefit from fast payouts because they can withdraw their winnings quickly and without any hassle. The second group of people who can benefit from fast payouts at online casinos are those who need the money urgently.

Last updated: 2022/08/30

FAQ

What are the fastest payout online casinos in Canada?

The likes of Jackpot City, Spin Casino, Wildz Casino and Wheelz Casino are fast-paying casinos that can process your withdrawals within 2 hours. Often, your first withdrawal takes a bit longer.

What are the fastest withdrawal payment options?

In our experience, using e-wallets for withdrawals is the best payment method for fast withdrawals. You wonโ€™t wait longer than 24-72 hours. At a few casinos we've listed on the website, the real money transfers are instant in Canada.

Are online casino withdrawals always free?

Not always. Some Canadian online casinos charge a small flat or percentage-based fee for withdrawals. If casinos charge fees, you will find the details on their websites.

Why are fast payouts good for the players?

The players who get their winnings quickly are the ones who are most likely to keep playing at the casino. The players who have to wait a long time for their winnings are the ones who are most likely to stop playing at the casino.