Casino cashback bonuses are popular among Canadian players due to their availability and reach to returning players. Unlike deposit bonuses, cashbacks don’t require a deposit. Instead, these bonuses cover a portion of the losses of players over a certain period while playing online casino games.
Canadian casino sites use cashback bonus offers to compensate players and encourage them to keep playing on the site. Think of cashback casino bonuses as a second chance when playing as they can return a certain amount of money lost on a game over a week, month, or another specific period. There are also VIP cashbacks that may offer better returns to loyal players, but more on that later on. Read on to learn more about the best cashback bonuses in Canada, how they work, and what their terms are.
Online casino cashback bonuses are a way of casino sites giving some money back to players. Cashbacks are among the most frequent online casino bonuses for returning players, and you’ll be hard-pressed to find a CA casino that doesn’t offer such bonuses. This type of bonus works in a simple way. It’s partly inspired by cashback bonuses in brick-and-mortar casinos, which were mostly reserved for VIPs. The more money they spent in the casino, the better the cashback percentage they got.
In most cases, this bonus is usually automatically added to players’ accounts, but some online casinos will require them to actually go through the process of claiming them. Casinos that offer cashback bonuses keep the higher percentages reserved for VIP players. That’s why you’ll find it a frequent sight in VIP clubs, where players can earn cashback bonuses up to 20% or 30% on a regular basis.
How We Find the Best Cashback Bonuses in Canada
We consider various factors when considering the best cashback bonuses in Canada. The process involves testing numerous casinos in Canada that have this bonus on offer. Since it’s a very specific bonus that differs from deposit offers or no deposit bonuses, we pay special attention to the terms and conditions in order to objectively rank the best casinos that offer cashback bonuses.
Bonus Size Matters
The first thing we do is check the bonus structure and size. Size does matter when it comes to online casino bonuses, and it’s the same with cashback offers. Of course, the largest casino cashback bonuses are not always on the top of the list, as their terms are important, too. But, considering the fact that all of our recommended casino bonus offers have fair terms, we value the bonus money size even more.
Cashback casino bonuses with larger percentages occupy spots higher on our list. Every player in Canada is looking to score big returns in bonus funds, so the higher the percentage on offer, the better the bonus’ potential.
Taking a Look at the Wagering Requirements
When talking about casino bonus terms, the playthroughs are among the most important factors. In short, the wagering requirements state the number of times you have to play through a cashback bonus offer. You can only wager a bonus with real money, so bonus funds don’t count. The lower the wagering requirements for a casino cashback bonus, the better.
What Are the Eligible Games?
When rating the best cashback casino bonuses on our list, it’s also important to check the list of eligible games. We prefer to put cashback offers available to wager on all games instead of just slots higher up our list. Not all online casino cashback offers are the same—some limit the bonus funds to certain online slot games, while others have no limits.
How Soon Does the Bonus Expire
Each casino gives a short time period for players to meet the playthroughs. The expiry date is another important, yet underrated factor for casino cashback offers. We believe that casino sites should offer a reasonable time for players to complete wagering requirements. Because of that, the best cashback casino bonuses in Canada on our list have generous expiry dates.
Payment Methods and Speeds
When players complete the wagering for casino cashback bonus offers, they will be looking to claim the winnings as soon as possible. This is only possible with fast payment methods, so we make sure our ratings for the top cashback casino bonuses include methods that are not only available for Canadians but also fast and seamless. We also check whether there are payout fees and any restrictions that might apply to Canadian players.
Types of Cashback Bonuses
The majority of cashback bonuses are offered on a weekly basis. However, not all Canadian casino sites are the same. Some casinos may offer cashbacks on a daily or monthly basis, and some keep them reserved for the VIP club. We’ll cover the most popular cashbacks at online casinos in Canada on the list below.
Daily Cashback Casino Bonus
Daily online cashback bonuses are among the most common types of offers in this particular niche. As the name implies, these bonuses cover a percentage of players’ losses during 24 hours. It can be any percent the casino prefers—2%, 3%, 10%, or more. However, since it’s a frequent and popular bonus, most casinos will keep it in the lower percentage range. Just like a first deposit bonus or any other offer, this type of bonus needs to be wagered, and usually fast (within 24 hours).
Weekly Casino Cashback Bonuses
The most popular type of casino cashback bonuses are the weekly cashbacks. This recurring bonus covers a much larger range of gameplay compared to the daily cashback deals. As such, it’s usually larger, but this may also come with sterner terms. Weekly cashback deals are usually available to all players at an online casino and mostly cover 10%-20% of losses on a particular game or in the casino overall.
Monthly Cashback Offers
Monthly cashbacks are also a popular choice at online casinos in Canada. This offer covers an even larger portion of players’ gameplay, usually covering 20% to 30% of their losses over a month. It means you’re getting more bonus funds to play with, which may translate to larger wins. Of course, the bonus changes nothing when it comes to the terms. It’s still important to read the fine print and follow the rules to wager the bonus on time and keep what you win.
VIP Cashback
If there’s no cashback bonus money for regular players, there will almost certainly be a cashback bonus for VIPs. Even better, the top online casinos in Canada offer tiered cashback offers, meaning the more a player plays, the higher the percentage in return. In order to claim this bonus at the best casino sites in Canada, a player must enter the VIP club. As soon as they’re in, there’s almost always a cashback bonus to claim, with rising percentages on the higher VIP tiers.
No-Wagering Casino Cashback Bonuses
Most cashback offers should be wagered before withdrawal. However, some casinos have no wagering bonuses of this type, which are aimed to attract all players. This type of bonus lets players keep what they win without the need to wager. Of course, there are some other rules they must follow. More commonly than not, no wager bonuses of any type are limited in terms of winning potential, so players shouldn’t expect big wins.
How to Claim a Cashback Bonus
Claiming a cashback bonus offer is usually simple and easy even for new players. We’ll cover a few general steps that will help players claim their cashback bonus and enjoy it.
Check the cashback bonus terms: Bonus terms can be tricky, so it’s important to read them properly before claiming a cashback offer. Read the T&Cs to learn if you need to claim the bonus manually or automatically. The former is for cashback bonuses on deposit while automatic cashbacks are credited back to a player’s account per the terms (daily, weekly, monthly or so).
Redeem the bonus: Use a bonus code if required. The best cashback casino bonuses won’t need a bonus code, allowing players to claim them automatically. It’s even more important to read the terms of auto-cashback bonuses, as they’re paid back to players’ accounts periodically and without a deposit.
The steps for claiming casino cashback bonuses might differ from one Canadian online casino to another. Most of these casinos have detailed guides on how to claim each bonus, so it shouldn’t be much of a problem.
Cashback Casino Bonus Terms and Conditions
No online casino bonus ever comes for free. It’s the same with top casino cashback bonus offers. Just like any other bonus, this offer is tied to numerous terms and conditions. Bonus money never comes for free, and while there might be no-wager cashbacks, they’re few and far between.
Learning the bonus terms and conditions is crucial if you want the best bonus experience. Read more about them below to see how each condition impacts a specific bonus.
Wagering requirements: This is the first term on a bonus banner and the most significant condition to fulfill. The wagering shows how many times you’re required to play a bonus over before asking for a withdrawal. So, if a player gets $30 and they need to wager the bonus money 10 times, it means they have to deposit and play through $300 before asking for a withdrawal.
Cash or bonus credit: Some cashback bonuses are paid in real money, others are issued in bonus credit. This is another important term to check before claiming cashback bonus offers. Most players prefer to get cash. However, even if it’s bonus credit on offer, getting some extra funds that cover a portion of your losses is always a good idea.
Minimum and maximum cashback: When going through cashback bonus terms, it’s important to note the cashback amount that can be claimed. Casinos will display the minimum and maximum, meaning you can’t win under or over the specified amount.
Eligible games: Not all cashback bonuses are the same when it comes to game eligibility. If it’s a blackjack cashback bonus, it’s often assumed it can only be spent on blackjack games. Pay special attention to this condition, as it’s not the same as for a first deposit bonus.
Cashback frequency: Cashback bonuses are usually weekly, but it’s best to check the terms of the offer to see how frequently the bonus is on offer. Some casinos offer daily cashbacks to VIPs or monthly offers to regular players.
Cashback formula: All casino sites familiarly calculate the cashback funds. Check the bonus terms to learn the formula, which usually involves the money you’ve spent in the specified period and the money lost.
Can You Withdraw Cashback Bonus Winnings?
That’s the great thing about online casino bonuses—players can use them to win real money. That’s the case with online casino cashback bonuses. However, Canadian players should know that winning real money with a bonus can only be done under a set of rules. Once you win something, you’ll have to meet the wagering requirements, after which you’re cleared for withdrawal.
The following step-by-step guide can help with withdrawals after using a cashback bonus:
Visit the withdrawal tab on the payments/cashier page.
Make sure you’ve met the wagering conditions of the cashback offer.
Choose one of the available payment methods.
Enter the desired amount.
Click on withdraw to finish.
The withdrawal process might differ from one casino to another. It’s best to double-check the withdrawal process in detail before asking for the winnings.
Why Claim a Cashback Bonus?
There are several advantages of claiming the best cashback bonuses in Canada. Let’s take a look at the top reasons to claim this type of bonus.
Minimizes losses: The cashback bonus was designed to minimize losses. It will encourage players to keep playing while keeping their losses in check.
Low wagering: While it’s not a rule, most casinos that offer cashback bonuses keep the wagering low. It means anyone can meet the requirements without spending too much.
Can be used with other bonuses: Unlike a first deposit bonus, cashbacks can be used in conjunction with other offers. That’s not always the case, but the best casino sites with cashback deals in Canada usually stick to it.
Tips for Using a Cashback Bonus
When using a casino bonus—especially cashback bonuses—you’d do well to follow a few tips. We have a few for all players – stick to them to get the most out of these useful deals.
Read the T&Cs: This goes for any bonus—not just cashback casino deals. Always read the terms and conditions and pay attention to the bet size, eligible games, and the expiry date if you want to finish everything on time. Make sure to also take note of the minimum qualifying loss, as high limits on this condition mean you could lose a lot of money.
Check restrictions and bonus limits: Check for any geo-restrictions for a bonus, as not every cashback offer is available everywhere. Also, note the limits in terms of bets and minimum/maximum cashout, so you know what you can play with or what you stand to win.
Check withdrawal times: Finally, note the withdrawal times of the cashback casino you’re playing at. If the withdrawal times are unusually slow, you should take a look at other options. Many Canadian online casinos offer instant withdrawals for all bonus offers.
Cover Your Losses with Cashback Bonuses
The cashback bonus is a popular type of offer available for returning customers. They’re the best and only way for players to reimburse a portion of their losses. While this type of bonus might not offer as much money as deposit offers, it’s still motivation for players to return. Claiming the best cashback bonuses at online casinos is straightforward, especially if you follow this guide.
Despite the fact that players have to abide by the bonus terms, cashbacks often come with no or low wagering. Plus, this bonus often comes on a recurring basis, meaning players can claim it over and over again. Join the best online casinos in Canada right now and get the top cashback casino bonuses.
Cashback Bonuses in Canada FAQs
Yes, online casino cashback bonuses have a wagering requirement attached. While some of these offers might come without wagering, most Canadian online casinos will ask players to wager the bonus before withdrawal.
The cashback bonus gives players a portion of their losses back, meaning that losing money is required to claim it. Check the terms to see the minimum loss amount the casino covers.
It depends from one casino to another. The top Canadian online casinos will keep this requirement low, so players can expect proper coverage of their losses.
The best casinos in Canada will always offer a cashback casino bonus. It might be part of ongoing promotions or it may come as part of the VIP club.
Absolutely. Just like with any other type of bonus at Canadian online casinos, cashback bonuses can be used to win real money. However, you should double-check the bonus terms to see how you can claim the winnings.
With deposit bonuses, players must cover a minimum deposit in order to claim the bonus. That’s not necessary with cashback casino bonuses in Canada. They’re almost always awarded exclusively on losses over a period, covering a certain percentage over a day, week, or month.
Claiming a cashback bonus is usually automatic. What this means is that if you fulfill the requirements to claim a cashback bonus—such as losing a certain amount of money over a specified period—the bonus will pop up in your player account.
