Visa is a great deposit option because most adults in Canada have either a Visa or a Mastercard. Both of our top rated sportsbooks accept Visa credit and debit cards, and deposits land in your account within minutes.
The one catch is that some Canadian banks still block payments to online gambling sites, so your card may occasionally be declined. If that happens, I suggest trying a Visa debit card or a prepaid Visa, or depositing with another method the sportsbook accepts.
My top pick is SportsInteraction.com, which is licensed by iGaming Ontario and Alberta iGaming Corporation to operate in the regulated Ontario and Alberta betting markets, while also accepting players from the rest of Canada. Sports Interaction accepts Visa credit and debit cards in every province, with no deposit fees.
Bet365 also accepts Visa credit and debit cards across Canada, with deposits from $10 up to $50,000.
Visa Deposit Guide
Depositing with Visa at an online sportsbook works the same way as using your card for any other online purchase.
How to Deposit with Visa at Sports Interaction
Log in to your SportsInteraction.com account, open the Cashier and select ‘Deposit’.
Click the Visa logo (Debit/Credit Cards) and enter your deposit amount.
Fill in your card number, expiry date and the three-digit security code on the back of your card.
Click ‘Deposit’ and you’ll be notified right away whether the transaction was approved.
Approved Visa deposits usually show up in your balance within one to two minutes. If yours hasn’t appeared after a couple of minutes, log out and log back in.
Depositing with Visa at Bet365
The process at Bet365 is almost identical. Choose Visa as your payment method, enter your card details and deposit amount, and your funds are credited instantly once your card issuer approves the payment. The card must be in your own name.
Why Your Visa Deposit Might Be Declined
The most common reasons are an exceeded credit limit, an incorrect security code, or a bank that doesn’t allow online gaming transactions. Neither Sports Interaction nor Bet365 charges a fee for Visa deposits, but some card issuers treat gambling transactions as cash advances, which can come with extra fees and interest, so check your card terms before depositing.
Visa Gift Cards and Prepaid Visa Cards
If your regular Visa card is declined, a Visa gift card (also called a prepaid Visa) is often the easiest workaround. Some Canadian banks block gambling transactions on their own cards, but gift cards usually go through at Sports Interaction. Just note that Sports Interaction has a $250 weekly limit on prepaid card deposits, and Bet365 didn’t accept the prepaid Visas I tested.
From my experience, if you are going to buy a Visa gift card you should go with the Joker Visa. I’ve used it at Sports Interaction and have never had any trouble with the deposit.
I’ve tested popular prepaid Visa cards at our recommended online sportsbooks. Check out my findings and recommendations for each one below:
If a direct Visa deposit isn’t working, you can still use your Visa card indirectly through another payment method:
Apple Pay: add your Visa to Apple Wallet and deposit with Apple Pay at Sports Interaction or Bet365.
paysafecard: buy a paysafecard voucher and deposit it at Sports Interaction or Bet365 (available in Ontario and Alberta).
PayPal: link your Visa to PayPal and deposit at Bet365 (available in Ontario).
Withdrawals
Withdrawals work differently depending on the sportsbook. Bet365 sends withdrawals back to the card you deposited with whenever possible, and uses wire transfer when it can’t.
At Sports Interaction, withdrawals to Visa are only available for eligible Visa debit and prepaid cards. After your first successful Visa deposit, your card will show up as a withdrawal option in the Cashier if it qualifies. Otherwise, you can cash out with Interac e-Transfer, which is free and usually the fastest option for Canadians.
Before your first withdrawal is processed, you will likely have to confirm your identity by providing the sportsbook with a government issued ID (such as a driver’s licence) and proof of address (a phone bill, hydro bill, bank statement, etc.).
Visa Betting FAQ
Can I use a Visa debit card to bet online?
Yes. Sports Interaction and Bet365 both accept Visa debit cards. At Sports Interaction, your debit card needs a three-digit security code on the back.
Are there fees for depositing with Visa?
Neither Sports Interaction nor Bet365 charges a fee. Your card issuer may treat the transaction as a cash advance, so check your card terms.
Can I withdraw my winnings to my Visa?
It depends on the sportsbook. Bet365 returns withdrawals to your card whenever possible. Sports Interaction only allows withdrawals to eligible Visa debit and prepaid cards, so most bettors cash out with Interac e-Transfer instead.
Why was my Visa deposit declined?
The usual causes are an exceeded credit limit, details that don’t match your card records, a wrong security code, or a bank that blocks online gaming. Try a Visa debit card, a Visa gift card, or another deposit method.
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