Gambling online with Canadian dollars is trailed by many attractive bonuses. Undoubtedly, the casino cashback is one of the best in this regard. Not only does it passively reward players with credits after they have made a deposit, but it often gives them free CAD available for immediate withdrawal. In this guide, our experienced specialists will share with you the ins and outs of the casino cashback bonus. Read it to learn how to claim cashback, what types there are, and what to look out for.
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Top Cashback Casinos In Canada – July 2024

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CasinoHEX Canada is an independent review service that aims to provide you with a detailed examination of leading Canadian gambling sites. Featured sites are led by our partners who contribute to our business, so CasinoHEX Canada gets its income through the commissions. Users are not charged by CasinoHEX Canada. Commissions that we receive for marketing brands do not affect the gaming experience of a User. However, CasinoHEX Canada provides only unbiased reviews, all sites selected meet our rigorous standard for professionalism.

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  1. BetBeast Casino

    BetBeast Casino

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  7. North Casino

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What’s a Casino Cashback Bonus?

The casino cashback is a reward for players that gives back a percentage of their losses or wagered money from a previous playing period. The percentages may range from 1% to 20%. For example, let’s say you trigger a weekly bonus of 10%. Then, if you lose C$20, you receive a minimum C$2 back at the start of the next cycle without having to do anything.

The bonus is usually given to the most active players. It is often an important element of a VIP programme at an online casino. Gamblers need to deposit into their accounts and keep playing real-money games as they normally would to claim the bonus. The system automatically calculates and pays on a specific day of the week or month.

Remember that cashback bonuses usually have an upper limit of around 20%. You have to deposit a lot of money and play a longer period at cashback casinos to get to the maximum. This also means you’ll have to make more than one deposit. What’s more, most bonuses of this type have a time limit when it comes to conversion. In this case, you have to cover the wagering requirements of the casino cashback credits within the allowed period. This is to release them for withdrawal.

How do Cashback Bonuses Work?

Once you register, make a minimum deposit into your account, and start playing, chances are you will be eligible for a cashback bonus. With it, you can receive a chunk of your lost money back. Usually, players get back from 1% to 20% of their real money losses for some period, like a week or a month.

Generally, the bonus is designed to offer an incentive to keep players on a gambling site. It is passive, meaning it works behind the scenes and in parallel to your standard wagering activities. As such, cashback brings as much value to the player as the casino.

Gambling sites offer the bonus as an effective way to grow their customer base. They often compete against each other on who is more generous and that only benefits players in the end. For gamblers, a cashback bonus can offer the same thrills as playing casino free slots, if not more so. Players take advantage of the following benefits:

How to Avoid Fees for Gambling with CAD?

Even the best cashback casino bonuses in Canada involve some charges, such as exchange and transaction fees. Payment methods that you use at cashback casinos Canada may also have ingrained charges. Thankfully, our CasinoHEX team has bags of experience in the matter and can help you gamble with less or no fees. We recommend several things when playing with the bonus offer. See them below.

Avoid Converting to Another Currency

Canadian-registered and offshore casinos operating in Canada accept multiple currencies for deposits. If your bank account is in CAD, the best practice is to play with the same currency that you wish to withdraw in. This is because gambling sites charge exchange fees for conversion from CAD to another currency. You will find details on conversion rates on the terms and conditions page of a casino.

Use Payment Methods with Low or No Fees

Using economical payment methods to make a casino minimum deposit for the cashback can also save you from fees. VISA, Mastercard, Interac, ecoPayZ, PayPal, Neteller, Trustly and Skrill have acceptable or no charges.

Make Sure the Casino Supports Withdrawals with Canadian Dollars

While most casinos in Canada accept CAD for deposit and cashout transactions, not every offshore site will have this convenient setup. In this case, it is better to opt for gambling sites that support Canadian dollars for withdrawals. This way, you won’t have to pay conversion rates.

Stay Away from Unlicensed Casinos

Licenced casinos in Canada are transparent about their withdrawal and deposit fees. On the flip side, dubious and untested sites may have hidden charges for deposit and withdrawal. To avoid paying unnecessarily, only play at licenced cashback bonus casinos. In our list, we have made sure to offer you the best legit gambling sites.

Stay Active

Some casinos have fees for accounts that have not made a deposit in a long time. The amount they charge may be different from one site to another but they are usually in the region of C$30 after 60 days of inactivity. It can be unpleasant to see money in your balance dwindling after you return from your break. This is why we recommend you stay active or inform the casino when you plan to be absent.

Claiming a Casino Cashback Offer

Claiming casino cashback sets you on a path of enjoying partial recovery on losses and added excitement. This leaves the question: how do you claim a bonus of this kind? Below, we’ll offer a step-by-step guide.

tip
Know The Rules

Now that you have a chunk of your losses from the cashback bonus, it’s important to note the rules. You need to know this to convert the credits into real cash. In the next section, you’ll find detailed information about this.

Cashback Bonus Withdrawing Limits and Wagering Requirements

Each casino cashback bonus comes with specific requirements. These are the wagering requirement, validity period, minimum bet and deposit, winning limit, and others. The thresholds are the most favourable at the top online casinos, but they vary on each site. Our CasinoHEX team is experienced enough to provide you with the averages. In the descriptions of each bonus rule below, we will add some concrete data based on experience.

Minimum Cashback

Most casino cashback bonuses guarantee that players will receive a minimum every day, week, or month. The amount is usually in the vicinity of C$5 for weekly offers.

Expiration Date

After you receive the cashback casino bonus, you have to confine within the time limit to satisfy the rules and turn it into real money. The number may vary from one website to another and depending on the type of bonus. For daily cashback, you will usually have minimum wagering requirements but just a day to convert. For a weekly and monthly free spins casino cashback bonus, it may be from seven to 14 days on average.

Maximum Winning Limit

A bonus of this kind usually has a maximum winning limit — i.e. the most you can withdraw from it. Often, the reward amount and the withdrawal limit relate inversely. Hence, some cashback casinos offer high returns of around 30-40%, but the maximum cap for your cashout will be only C$20-30. In contrast, standard return percentages (1-20%) have higher allowed maximums for withdrawal. Generally, the cashback limit is determined individually by each casino.

Minimum and Maximum Bet Limit

The exact limit for bets qualifying you for cashback bonus at a casino is described in its terms and conditions. It is generally in the vicinity of C$0.20 to C$7.50 for each wager on casino games. In addition, cashback for sportsbooks may limit your bets to events with a defined minimum odds rule.

Game Restrictions

Free spins casino cashback bonuses may or may not have lists of eligible games. Some offers are designed for a specific category, such as slots, as with the free spins casino cashback offer. It’s important to read the T&Cs of your chosen bonus offer to discover the limit when it comes to games you can play.

Wagering Requirements for Received Credits

Apart from the wager-free cashback and the low wagering casino bonus, most offers return a chunk of your losses in credits tied to certain conditions. The rollover (the number of times you have to wager the credits to release them) is much lower than what you normally find for, say, a welcome bonus. The requirement usually starts with a minimum of 1x and ends with a maximum of 5x.

Types of Cashback Bonuses

Casino cashback comes in four main types. Each has its own specifics like value, wagering requirements, and validity period. You would agree that to gain the maximum out of this type of bonus offer, you should familiarise yourself with all its forms. Below, we delve deeper into the types of cashback bonuses.

Fixed Daily, Weekly, Monthly Cashback

The fixed daily, weekly, or monthly cashback bonus is given to players on a specific day and time and comes with a certain validity period and rollover. Of course, players need to make a deposit to qualify. The rollover is usually around 5x.

Cashback Bonus for Specific Games

Some Canadian casinos have a cashback bonus for specific games, such as slots, poker, or blackjack. These offers are always tied to certain conditions and time limitations. They tend to promote specific games that are either new on the market or are trailing back in popularity compared to others. Sometimes, gambling sites will stage tournaments on such games and add a cashback bonus as an incentive for players to join. They can even attach it to free spins online, but it is rare.

No Wagering Casino Cashback Bonus

The no wagering free spins casino cashback offer is a prized find for Canadian players due to the absence of the rollover requirement. With this bonus offer, you win real money from your losses after a deposit. You won’t have to do anything to withdraw it. While the percentage of the losses you will get back is usually lower than a requirements-tied bonus, it is still a very valuable treat.

VIP Casino Cashback

Cashback as a part of a VIP scheme is progressive, meaning the value becomes bigger with each deposit you make on the site. Every self-respecting casino in Canada has a good loyalty programme that rewards players with a cashback bonus. At least, these are our observations.

What are the Pros and Cons of the Cashback Bonus?

A cashback casino bonus has strong and weak points. You can see them below.

CasinoHEX Tips for Finding the Best Cashback Bonuses

Canadian gamblers are lucky to have generous casino cashback bonus offers. To claim them, you are only required to keep playing at a casino, and a percentage of your losses from a specified period will be returned to you. At some sites, you will have the money from the bonus immediately available to you for withdrawal.

At others, you must play by the bonus rules to convert them within an allowed time limit. In the latter case, take note of the validity period, rollover, supported games, and qualifying bets. Either way, by claiming cashback, you will have a safety net with online gambling for real money. Plus, the fun will be boosted.

Our Advice on How to Find a Reliable Casino with the Best Cashback Offer

We use tried and tested criteria to test casinos. Feel free to emulate the process we’ve described below. Or, trust our lists of carefully vetted gambling sites with the best cashback bonuses. With this said, check out our main considerations, but know that we don’t only limit ourselves to them.
  • Checking a Casino’s Security Status: Look for a valid gambling licence, SSL encryption, and eCOGRA stamps for game fairness.
  • Checking a Casino’s Track Record of Fair Payments: Use external sites with direct reviews by site users. Look for proof that cashouts are paid on time and fairly.
  • Gauging the Cashback Bonus: A good bonus gives back a bigger percentage of your losses. It has a loose validity period and minimum or no wagering requirements.
  • Other Things to Pay Attention to with Cashback: Make sure you know the minimum and maximum allowed cashout for the bonus.

FAQ

💰 How to claim casino cashback bonuses?

To redeem a free spins casino cashback offer, you must register at a casino, make a minimum deposit, and start playing. You will be rewarded for your losses. Some offers require a bonus promo code.

💰 How much percent, on average, do I get from a casino cashback bonus?

Generally, casino cashback starts at a 1% minimum, and most casinos limit the maximum amount to 20-30%. The more you deposit and play, the higher you go up the VIP ladder, increasing the percentage you get back. Fixed cashback bonuses are usually 5%, but the exact number depends on the casino and the type of bonus.

💰 How do I know which are the best cashback casinos in Canada?

The best casinos in Canada are always licenced by official regulators, such as the Canadian Gaming Association, Malta Gaming Authority, Curaçao Government, and others. They offer good game variety and excellent cashback conditions. At CasinoHex, we consider all aspects of what makes a casino and its bonuses good. Browse through our lists to discover the best gambling sites.

💰 Where can I find casino cashback?

Trust our CasinoHEX team and choose a gambling site from our list. We have ensured that the casinos are safe to deposit in and offer the best cashback bonuses in Canada.
Author
Adam Lane
Head of Content at CasinoHEX Canada
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Experience:15 years

Adam is an editor at CasinoHEX Canada. He checks dozens of online casinos daily. Adam’s career as a professional gambler started almost 10 years ago.

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Amelia Flynn
Content Manager at CasinoHEX
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Experience:8 years

Amelia, a dynamic and knowledgeable Canadian, is the driving force behind the content management team at CasinoHEX Canada. Joining with a singular mission, she aims to guide thousands of gamblers in their quest to discover expert casino reviews, indulge in rewarding pokies, and take advantage of outstanding bonus offers.