Banking bonuses are incredibly useful promotions that you can only find at online casinos and poker rooms. These bonuses provide players with the chance to earn bonus cash simply by using a particular bonus method. Online casinos often have favoured deposit methods and in order to get players to use them more frequently, they offer players a small bonus.
Deposit bonuses are often just 10% or 15%, but they are offered regularly and there is often a monthly cap. So, if you deposit 100% to an online casino once a week, you can earn an extra $10 regularly. While this seems like a small amount of money initially, taking advantage of banking bonuses could provide players with upwards of $500 worth of free cash every year.
Because these bonuses are so small, player are not normally restricted to steep wagering requirements. Players will likely have to wager the amount of the bonus 10 to 20 times before being able to withdraw the amount.
Banking bonuses present yet another good reason that players should opt to use deposit methods alternative to credit cards. In many countries, players are restricted from using their credit cards and will often have their deposits rejected if they attempt to fund their accounts using them. Online casino operators could also get in trouble for accepting credit card deposits, so it is in the interest of both player and operator to use alternative methods.
Banking bonuses are normally offered on e-wallets, such as NeTeller. This type of banking method works very similar to PayPal, where the e-wallet acts as the middle man between the players bank or credit card and the online casino. No personal information is passed between the sources and the casinos do not conduct banking activity directly with the player’s bank account.
If you take advantage of a banking bonus at an online casino, the amount of the bonus is normally credited to your account automatically. On occasion, you will have to enter a bonus code, which is normally provided on the online casino’s bonus page.