Gambling Bonus Terms Are Unfair, Claims the CMA [...]
Deposit Method Bonuses
Internet casinos usually offer lucrative and all-inclusive bonus programs in order to catch the eyes of new players. The bonuses are also tailored to keep the existing players busy playing. Among the different types of online casino bonuses is the payment method bonus also called alternative deposit method bonus. This type of bonus is given to players that deposit via a particular method at a casino for the first time or for the first few times. Just like all bonuses, it also comes with terms and conditions that players must meet in order to claim the bonus and later on cash it out.
Extra % Reward for Selected Deposit Methods
In most cases, online casinos offer payment method bonuses that range between 10% and 20% depending on the deposit options. Usually the biggest percentage (between 15% and 20%) is by depositing via an e-wallet like PayPal, Skrill, Neteller etc. Alternative payment method bonuses are sometimes offered on deposit options like credit cards (Visa, MasterCard) and bank transfer. To claim this bonus, players must have already registered real money account with a casino. Before making a deposit they may need to enter a bonus code if available. Once they claim the bonus they can use it to play various casino games. Keep in mind that different games contribute different percentages toward meeting the wagering requirement of the bonus.
Most Common Deposit Method Bonuses
Payment method bonuses differ from one casino to another in terms of their bonus percentage and how they are claimed. The following are the most common deposit method bonuses given on particular deposit options that are frequently used at online casinos.
EuroGrand Casino gives players 15% alternative payment method bonus if they deposit via Skrill as well as with other options like Neteller, PayPal, Click2Pay and ClickandBuy among others. To claim this bonus players must deposit at least $10. The bonus is subject to 12x wagering requirement.
Some online casinos offer 5% or 10% payment method bonuses to players that make a deposit via credit cards like Visa and MasterCard. At EuroGrand Casino the percentage is 10%. This bonus also comes with particular terms and conditions like minimum qualifying deposit amount and playthrough requirement restrictions.
Making a deposit from your personal bank account to the casino bank account may also earn you a particular payment method bonus percentage between 10% and 15% depending on the casino. Make sure you meet the wagering requirements before you request a withdrawal.
Payment method bonuses are a good way to enjoy some “free casino cash” when making a deposit. In most cases players can claim both the payment method bonus as well as the welcome bonus in a casino wish is great. The best thing about this bonus is that is comes with lower wagering requirement compared to the no deposit bonuses for example, and they can be easily met.