MiFinity casinos for Canadian players

The six MiFinity casinos

Interac in, Interac out

The detail that makes MiFinity unusual for Canadians is on its own fee page: Interac is built into both ends of the wallet. Topping up by Interac e-Transfer or by Interac Request Money is listed as free, and sending money back out by Interac e-Transfer or Interac eCashout costs a flat C$4 per withdrawal. So the whole round trip can run on the bank rails you already use, with MiFinity in the middle as the account the casino sees.

The flat fee changes the maths compared with percentage-priced wallets. Moving C$500 of winnings to your bank costs C$4 here, against C$8.75 at a 1.75% bank fee. On a small cash-out the comparison flips: on C$100, C$4 is four per cent. The cheaper habit is to let wins collect in the wallet and bring them home in one larger transfer rather than several small ones.

Other ways to fund it

Cards cost more than Interac. A Visa or Mastercard issued outside the European Economic Area, which is where a Canadian card sits, is listed at 2.5%, so a C$200 top-up by card costs C$5. Apple Pay and Google Wallet carry the same percentages as the card behind them. MiFinity eVouchers in Canadian dollars are listed at 4.5% to load. Paysafecard is far dearer at 10.5%, so a voucher is better entered directly at a casino that takes it; the Paysafecard page lists them.

Currency and quiet accounts

MiFinity says its wallet works in 18 currencies, and one account can hold up to nine wallets in different currencies. When a payment needs a conversion, MiFinity adds a foreign exchange markup to the wholesale rate, typically up to 2.99% and up to 3.99% on less common pairs. On a C$400 win paid into a wallet held in another currency, 2.99% is about C$12, which is why the wallet should match the casino's currency from the first deposit. An account that has not been logged into for twelve months starts paying a service fee of EUR 1 a month from its balance.

Why the payout is quick

A casino payout to MiFinity moves from one account to another without waiting for a bank to post it, so the casino's processing time is close to the whole wait. That is what makes the three casinos quoting about fifteen minutes worth singling out: Lucky Ones, Lucky7even and Lucky Days. V.Vegas and 20Bet both quote twelve hours, and Goldex a full day, so a request there is a same-day or next-day credit rather than a same-hour one. Compare a card payout, where the casino's approval is only the start; the Visa page explains why.

The six, side by side

Lucky Ones carries the largest package of the six, 150% up to C$3,000 with 200 spins, at 40x the bonus with a C$8 bet limit; deposits two to four need the codes LUCK2, LUCK3 and LUCK4. Lucky7even matches 100% up to C$750 with 50 spins at 40x and gives a comfortable 30 days, but caps what the bonus can pay at C$3,000. Lucky Days asks 30x on deposit plus bonus with a C$5 limit and adds a daily prize wheel whose winnings carry no wagering, up to C$1,000.

V.Vegas starts at the smallest deposit, C$10, with 120% up to C$500 and 70 spins on the first stage, provided the money arrives within an hour of registering. 20Bet keeps its match to C$120 with 120 spins spread over four days and gives fourteen days to finish. Goldex has the biggest headline, up to C$6,000 on the first stage with code GOLDEX1, but allows only seven days for 40x.

Setting it up

Open the MiFinity account and complete its identity checks before you need a payout, then top up by Interac so no card fee applies. Pick MiFinity in the casino cashier and approve the payment in your MiFinity account. The casino runs its own KYC check before the first withdrawal, and the name on both accounts must match. If MiFinity is excluded from a bonus in the terms, make the qualifying deposit by Interac at the casino and keep the wallet for later.

Skrill and Payz are taken at several of the same casinos, and our withdrawals guide compares them. Back to Canadian casinos.