In this review, we look at online casinos that accept American Express for deposits or withdrawals. Furthermore, we look at Amex deposit options. American Express is a long-established company that offers multi-national financial services. Customers can purchase an AMEX card and use it to make payments in a wide variety of industries – one such industry is online gambling.
Financial institutions like HSBC and the Imperial Bank of Commerce (CIBC) work with American Express. Furthermore, there is a fantastic range of Canadian online casinos that accept American Express. We analyze the benefits of this payment system. Moreover, we look at how the process works and what you must do to make deposits and withdrawals. Finally, we look at AMEX alternatives if you do not have an AMEX card:
Our List of the Best casino in Canada that accepts American Express
What are the benefits of gambling sites that accept American Express?
So why should you consider using American Express for online gambling? This company and payment card have been around for a long time – it is long-established and has a fantastic reputation. This is the first benefit – reliability and transparency. If you use AMEX, you are guaranteed quality and reliability, due to the large size of the business. Other benefits are listed below:
- Payment method is quick and efficient
- It has great security
- AMEX provides other benefits like reward points
- It is accepted on many Canadian casinos
It is just an efficient and reliable payment method to use. Furthermore, depending on the type of AMEX card you have, you can benefit from the points system. AMEX users can gain reward points and use them on a myriad of things like travel and vouchers. Finally, this payment method is widely accepted by Canadian casinos.
How can you make a deposit through an Amex casino?
It is clear that American Express is a worthwhile payment method. But how can you use it? As with most deposit methods, it is straightforward. Before making any payment, we advise checking the terms and conditions – there may be minimum deposit limits. To credit your account using AMEX, the following steps usually apply:
- Log in to the online casino
- Open the banking section
- Choose deposits
- Select AMEX as the desired option
- Enter a value
- Finalize the process
This may vary slightly depending on the casino, but the basic process remains the same. Always check your AMEX card has credit.
How can you make a withdrawal using American Express?
Withdrawing cash is important too – you should check the available currencies to ensure CAD is available. Furthermore, check the maximum and minimum withdrawal limits and typical processing times. To make a withdrawal, the following steps usually apply:
- Log in to the online casino
- Open the banking section
- Choose withdrawals
- Select AMEX as the withdrawal option
- Enter a value
- Finalize the withdrawal transaction
You may have to provide identification to validate the transaction – this could include submission of a photo ID like your driving license or a utility bill. Moreover, there may be additional authentication required – these measures are to prevent fraud. This is common practice for Citibank and other financial institutions too.
Do Canadian online casinos that accept American Express have limits?
When using AMEX, it is important to understand the maximum and minimum limits. Most casinos do have payment limits. We have listed some of the typical values below:
- Minimum deposit limit: $10+
- Maximum deposit limit: N/A
- Minimum withdrawal limit: $20+
- Maximum withdrawal limit: $5000 p/week
Obviously, these figures will vary from platform to platform, but these are indicative averages. Always check the terms and conditions or banking page to be sure of any minimum values.
Will you have to pay commission fees?
When online gambling, you want to make the most of your cash. It is, therefore, important to understand transaction fees. Generally, the casinos themselves will not impose any fees for deposits or withdrawals. However, when using AMEX, the payment provider itself does often have a fee. We advise checking your AMEX account settings and see what fees (if any) apply for online casinos.
What bonuses can you receive at the best American Express casinos?
We have provided an excellent review of the different bonuses and promotions available. It is important to understand what bonuses are available. You can utilize these promotions and make your money go further. The most common types of bonuses include welcome bonuses, matched deposit bonuses, and free spins:
Welcome Bonus – Nearly every casino in Canada that accepts American Express will have a welcome offer. These offers are specifically for new registered users only. Welcome offers typically include free cash, a cash advance, free spins, or a matched deposit bonus. Always read the terms and conditions for this type of offer!
Matched Deposit – The matched deposit bonus is possibly the most popular bonus for gambling platforms. These bonuses are often high value – it is not uncommon for matched deposit bonuses to have values over $1500. Let’s look at an example – Casino A has a 50% matched deposit bonus for $1500 for the first deposit. This means that if player A made a deposit of $1000, they would receive $500 in bonus funds too.
Free Spins – On certain slot games, you can earn free spins. Free spins may be offered as part of a welcome bonus. Alternatively, an online casino with free signup bonus real money may provide daily or weekly offers at different periods. These offers are often small in value and may contain free spins. Always check wagering requirements when using casino bonuses!
What alternative payment methods are available?
If you don’t have an American Express, fear not – there is a myriad of other payment methods that casinos regularly offer. If you have a bank account with the Bank of Nova Scotia, or the Royal Bank of Canada (RBC), you can utilize a range of different payment methods. We have listed the main payment methods below other than AMEX:
- Bank Wire Transfer
These payment methods can be split into several main categories – debit cards, cryptocurrencies, and e-wallets.
Debit Cards – Debit cards and debit payment systems like Visa, Interac, and iDebit are widely used. They are among the most popular payment methods available. Debit cards are linked directly to your bank account – they are easy to use and allow you to make quick withdrawals and deposits.
Cryptocurrency – Cryptocurrencies are becoming hugely popular and are seeing more usage on online casinos. They are a great option for instant online deposits and withdrawals. The most popular cryptocurrency is Bitcoin, which uses blockchain technology.
E-Wallets – The other major form of payment is e-wallets. PayPal, Skrill, Neteller, and EcoPayz are all examples of e-wallets. These payment systems act as a middleman between your bank and the online casino. For example, you could add a debit card from the Toronto-Dominion Bank and access that through your PayPal account. E-wallets are convenient and allow you to use multiple different payment methods when using an online casino.
Highly secure processing system
Quick and easy to use
Widely accepted by Canadian casinos
There is usually an associated processing fee
Not as widely accepted as MasterCard or Visa
Start using the top online casinos accepting AMEX in 2020!
If you want to gamble with Canadian Dollars, AMEX is an excellent payment option to use. You could consider using other payment methods like PaySafeCard, Google Pay, or Apple Pay, but AMEX is secure, fast, and accepted by a host of online casinos. You should now have a great idea of how to make a casino deposit using American Express.
Furthermore, you should understand things like wagering requirements, and the bonuses variety available for AMEX players. To conclude, we have listed some pros and cons about this payment method:
- Q. Do all casinos take American Express?
- A. No, American Express is not a payment method that is universally accepted. It is mainly accepted in North American casinos
- Q. What if my casino doesn’t have AMEX casino withdrawals?
- A. If you can’t withdraw using AMEX, you will have to use one of the other withdrawal methods available. Online gambling platforms usually support a myriad of options for depositing or withdrawing.
- Q. Can you use any debit card for online gambling?
- A. Not necessarily. Generally, if the casino accepts debit cards then most will be usable – it will specifically state if certain types of debit cards are not accepted.
- Q. Can I be sure my information is safe?
- A. You can’t be sure, but you can choose a payment service that has additional security. Furthermore, you can double-check through the casino's terms and conditions what safety methods they employ.
- Q. Are my personal details safe?
- A. 99.9% of the time, yes. Any Canadian player can rely on great security from Canadian gambling platforms. SSL-encryption is commonly used, as is advanced payment protection methods. This is why AMEX is a great payment option for making gambling transactions due to its security.