What is an online casino cashback bonus?
Cashback bonuses are a lucrative type of bonus. They represent a refund of a portion of the money or wagering lost during casino play. This allows casino guests to reduce their losses, allowing them to continue playing at the casino and increase their chances of winning. However, the entire loss is not refunded; the cashback is usually between 10% and 30%. However, you must carefully read the wagering requirements on the casino website. It’s important to note which games this bonus can be activated on and whether cashback is limited for any games. It could also be that, according to the sales conditions, it cannot be paid out immediately, but must be wagered a few times, etc.
How does a cashback bonus work?
With a casino cashback bonus, you receive a percentage of your losses back into your account. This percentage is often between 5% and 20%, with some providers choosing to pay this out in installments. For example, you can receive your losses weekly.
For example, you might lose NZ$100 in a week, even though you’ve activated a 20% bonus. You’ll then receive 20% of your losses, resulting in NZ$20 being returned to your account. In most cases, you can cash out this money immediately, and there are no additional conditions attached.
The amount of cashback is usually limited, and you can’t receive an infinite amount. Therefore, always read the terms and conditions before accepting the bonus. Now you no longer have to wonder what cashback actually is.
How do we choose the best online casino cashback bonuses?
Cashback bonuses are a great way to soften the blow when luck doesn’t go your way, and at our site, we dig deep to find the best cashback offers for Kiwi players. Whether you’re a casual spinner or a regular at the tables, we make sure every bonus listed on our site offers real value, fair terms, and clear conditions. Here’s what we look at:
- Cashback percentage
The most important factor is the actual percentage of losses refunded. We prioritize offers that return at least 10% of net losses, with top picks offering up to 25% cashback for loyal or VIP players. The higher the rate, the more value players get from their gameplay.
- Wagering requirements
Not all cashback is created equal. We focus on low or no wagering cashback bonuses. If a bonus has strings attached — like a 10x playthrough before withdrawal — we consider that less favourable. The best offers let you withdraw cashback directly or use it as real funds.
- Cashback type (daily, weekly, loss-based)
We look at how often cashback is issued. Casinos offering daily or weekly cashback are rated higher than those providing monthly rebates. We also favour loss-based cashback (e.g. a percentage of net losses) over general rebate schemes based on total bets.
- Eligible games
Some cashback bonuses are limited to specific games (usually slots), while others apply across a wider range, including live casino and table games. We give preference to offers that cover a broad game selection and exclude minimal content.
- Maximum cashback cap
Every good cashback promo has a maximum refund limit. We favour casinos with realistic caps, meaning the bonus amount is worth claiming, typically C$50 to C$500, depending on player tier.
- Transparency and terms
We review how clearly the terms are presented. Bonuses must have straightforward terms, easy opt-in instructions, and no hidden clauses. If a site buries key conditions in fine print, we don’t recommend it.
- Bonus abuse policy
To protect legitimate players, we also assess whether the casino handles bonus abuse fairly. The best casinos respect genuine play and don’t penalize players unfairly for legitimate wins or cashback use.
How to claim a cashback bonus?
How to claim a cashback bonus?
Time Needed: 10 Minutes
Tools Needed: Laptop/Mobile
Software Needed: Email
Step 1
Select an online casino
On this page, choose a casino that catches your eye and is licensed. This cashback casino also displays this on its own promotions page.
Step 2
Create an account
Now that you've found a casino, you'll need to create and verify an account. Once you've done this, you can find the bonus on the promotions page and activate it.
Step 3
Deposit money and play
Now that you've activated the bonus, you can deposit money using your chosen payment method and start playing. Be sure to choose a slot to which the bonus applies.
Step 4
Spend the deposit money
Of course, you want to win, but for every loss you make, you will receive a percentage back into your account during the specified period.
Step 5
Receive your payment
After meeting the conditions set by the online provider, you'll receive the percentage of your winnings back into your account. You can choose to cash out or play with it again. There are no other conditions attached.
Top online casinos list with cashback bonuses in New Zealand 2025
- StoneVegas Casino: 100% up to NZ$1000 + 200 free spins + 1 Bonus Crab
- ViperWin Casino: 100% up to NZ$1000 + 200 free spins + 1 Bonus Crab
- Skycrown Casino: 100% up to NZ$5,000 + 400 Free Spins
- Plangames Casino: 100% up to NZ$7400 + 800 free spins
- VikingLuck Casino: 100% up to NZ$1000 + 200 free spins + 1 Bonus Crab
- Playfina Casino: 100% up to NZ$7,200 + 1000 free spins
- Asino Casino: 100% up to NZ$7000 + 1200 free spins
- Spinline Casino: 100% up to NZ$7.300 + 110 free spins
- HellSpin Casino: Up to NZ$5200 + 150 free spins
- CrownPlay Casino: 250% up to NZ$6,000 + 350 FS + 1 Bonus Crab
More about cashback bonuses at NZ Online Casinos
Cashback is one of the rare types of bonuses, because this cash bonus does not have wagering conditions as much as the other types of bonuses and is very simple. This bonus is often not offered to all casino guests or not to all gambling players. Cashback can also be used as part of the welcome bonuses, the VIP program or the live casino.
Cashback bonuses are often presented as part or all of the welcome bonus. This is frequently used in New Zealand at POLI real money online casinos. Although such online casinos without registration are not available in New Zealand, some casinos do offer a cashback form of the welcome bonus. For example, 30% of the first payment, up to 200 or 300 NZD, is provided.
Cashback will often also be presented in a Loyalty or VIP program. Here, the regular customers of the online casino are rewarded. This program is primarily multi-stage. The casino visitors collect points while playing real money games in the casino and thus advance to a higher level. The higher the level you have, the higher the percentage of cashback. This is usually between 10% and 30%.
If you like live gaming offers, you’ll know that live casinos are usually excluded from the classic types of bonuses at online casinos. However, live casino cashback is often offered. If you’re unlucky one day, you can get some of your money back through this bonus. Try to advance on the games with a good strategy, for example, in roulette you simply bet on red & black or even & odd.
Cashback types in online casinos in New Zealand
There are two types of cashback bonuses in online casinos: cashback bonuses based on turnover and cashback bonuses based on losses.
- Cashback bonus, depending on turnover, is calculated based on the amount of your betting turnover. You will then receive a percentage of the money you make when you play in the casino. The more you gamble for real money, the more cashback you get, regardless of whether you win or lose. In some casinos, there is also a so-called “staggering” of cashback. The higher the wagering amount, the higher you will be promoted in the bonus program. The cashback percentage will also be higher, and you will receive a larger refund. This way, the casino’s high rollers are extra rewarded.
- Cashback bonus dependent on loss means that the cashback bonus is calculated based on the portion of your loss. The percentage is usually higher than the remaining percentage of the cashback bonus, dependent on turnover. However, you should note that you must first lose money in the game before you can use this cashback from the loss.
Different variations of the casino cashback bonus
As with other bonuses, there are several variations of this bonus. Before we continue writing about the different options, it’s important to review the variations of this type of bonus briefly.
We can divide this bonus into different categories, as they often vary in percentages and timeframes. The different variations of bonuses you can find in cashback casinos are:
- Daily cashback bonus
With daily cashback bonuses, you receive your bonus back daily. This is often valid for a specific time period, usually from midnight to midnight the following day. You’ll also receive the percentage of your losses back the following day.
- Weekly cashback bonus
With weekly cashback bonuses, you receive your losses back weekly. This often applies for a full week, and the following week, you’ll recoup a percentage of your net loss.
- Monthly cashback bonus
This gives you a whole month to play through. The downside is that if you play regularly, you can easily reach the limit.
What should you pay attention to when choosing a cashback online bonus
Cashback bonuses often seem extremely lucrative and promise up to 50% refunds, which is certainly attractive. But even here, casino visitors should consider everything and see if there’s a catch somewhere, because no online casino gives anything away for free. So, what should a player consider when choosing a cashback online bonus?
The wagering requirements are usually very simple, but you should always consider a maximum cashback limit and a refund percentage, as there’s no point in placing a big bet if it only promises cashback up to a certain amount. Another important condition is the ability to withdraw the cashback. Some casinos only refund bonus money that must be wagered a certain number of times according to the wagering requirements before a withdrawal is possible.
Depending on the wagering requirements, there may also be a cashback restriction on winnings of a certain size. This restriction allows online providers to protect themselves against significant damage. It is also important to note which gambling games the cashback offer applies to. It’s of no use to you if your costs are not covered in the offer.
Casino cashback bonus rules
While an online casino cashback sounds incredibly appealing, it’s always wise to check the terms and conditions. As with all other bonuses, you should first review the terms and conditions before accepting it. But what are the terms and conditions for this bonus? We’ll explain them below.
- Validity
First, it’s important to check the validity period. This refers to the duration of the online casino cashback. Some cashbacks last longer than others.
- Terms and conditions
It’s always wise to check the terms and conditions. This list, for example, shows which games are eligible, as not all providers offer such a bonus for every game.
- Maximum payout
Another important aspect of this bonus is the maximum payout. The percentage represents how much you can earn, but there’s a limit to make you aware of your losses. This is even the case at a casino without registration.
VIP cashback bonus in a casino
If you frequent the same cashback casino, you’ve probably heard of VIP cashback. This is often part of a loyalty program. You won’t read much about it, as it’s often a special promotion for loyal players.
The advantage of a loyalty program is that you, as a player, are rewarded. So, you can imagine that a bonus of this caliber is much more lucrative than all the other bonuses described on this page.
Little is known about the loyalty programs of various online casinos, so consult the terms and conditions of cashback casinos to see if they offer VIP cashback.
Examples of cashback bonuses at casinos
Most modern online casinos, as casinos, offer a minimum wagering requirement. This means you get a lower percentage and a lower maximum wagering requirement, but in return, you receive a bonus, such as free spins on a selected slot.
For example, you can receive a percentage of cashback depending on your deposit amount, up to a maximum of 20%. The deposit amounts can be as follows:
- Deposit NZ$30 to NZ$199: 10% cashback
- Deposit NZ$200 to NZ$499: 12% cashback
- Deposit NZ$500 to NZ$999: 14% cashback
- Deposit NZ$1,000 to NZ$2,499: 16% cashback
- Deposit NZ$2,500 to NZ$4,999: 18% cashback
- Deposit NZ$5,000+: 20% cashback
There are also differences in the game selection in other areas, such as the number of games. Some NZ casinos offer more games when it comes to using casino cashback bonuses. The question is whether you’d want to do that at a lower percentage.
Online casino cashback bonuses pros and cons
There are plenty of advantages to casino cashback bonuses for Kiwi players. If you’re not entirely convinced yet, we’ve listed a few benefits for you here:
Advantages
- Most cashback offers come with no wagering or very minimal rollover. This makes them far more user-friendly than traditional deposit bonuses.
- Cashback gives you a safety net by returning a portion of your net losses, helping reduce the sting of a bad run and giving you more chances to keep playing.
- If you play often, cashback adds long-term value, especially in VIP programs where higher levels unlock bigger percentages.
- While many bonuses exclude live games, cashback is often one of the few promos that covers live dealer play, making it appealing to fans of roulette, blackjack, or baccarat.
- There’s usually no need to opt in — cashback is automatically calculated and credited, often daily or weekly.
Disadvantages
- Some cashback deals only apply to slots or specific game categories, excluding table games or crash games.
- You only receive cashback if you lose. That means it’s not a bonus upfront, but a consolation if things don’t go your way.
- Cashback is often capped, so even if you lose more, you’ll only get back a set maximum amount, such as NZ$100 or NZ$300.
- Some casinos only offer cashback to players in a loyalty or VIP program, making it harder to access for casual users.
- Cashback is calculated over specific periods (e.g., last 7 days), so if you miss the window, your losses may not count.
Cashback bonus alternative in NZ online casinos
You might also find these bonuses attractive:
- Welcome bonus: Activate a bonus immediately after your first deposit with a new provider. The best odds and terms can be found with a welcome bonus.
- Free spins: A bonus you can wager for free on various slots. Play your favorite game without losing your own stake.
- No deposit bonus: A bonus you can activate and play right away. This doesn’t require a deposit and therefore costs you nothing.
Tips for finding the best cashback bonus at an online casino
If you wish to obtain a good cashback bonus at a New Zealand online casino, then some basic checks would be of great use. Even though we’ve previously discussed a variety of safe casino sites with decent cashback offers, here are some additional tips that you can utilize to find other options yourself:
- Make sure there is a valid license and secure payment methods
Ensure the casino is licensed by a reputable organization, such as the Malta Gaming Authority (MGA) or a genuine Curacao license. Verify that the casino offers popular payment methods, including POLi, credit/debit cards, and major e-wallets, indicating that it accommodates Kiwi players.
- Assess the game variety
A cashback reward is only worth it if you enjoy the games you are playing. Seek out casinos that offer a good selection of pokies, casino live tables, crash games, and instant wins to keep your session interesting.
- Browse the list of POLi casinos
We have compiled a list of the best-rated POLi online casinos — not only do these operators provide fast and secure payment for New Zealand players, but many also have cashback bonuses on slots or live tables.
- Read the terms and conditions carefully
Don’t ignore the small print. Double-check for cashback payout schedules, wagering requirements (if any), minimum loss thresholds, and maximum cashback caps. These will tell you whether or not the bonus is for you.
- Think about loyalty programs
Cashback tends to be applied to VIP levels or loyalty programs. A fair casino will reward frequent play with enhanced cashback offers as you progress through levels. Look for casinos that have clearly defined VIP progressions and sensible progression.
- Avoid overly restrictive conditions
Some cashback promotions have catch-all exclusions or excessively low stakes limits. If the promotion appears too restrictive or fiddly, there probably is a better one out there.
Final thoughts on online casino cashback bonuses in New Zealand
Cashback bonuses are a lucrative type of bonus. This means a refund of a portion of the money or wagering lost during casino play. This allows you to reduce your losses, which will enable you to continue playing at the casino and increase your chances of winning. The cashback is usually between 10% and 30% of the loss or turnover. There are two types of cashback bonuses in online casinos: a cashback bonus based on turnover and a cashback bonus based on loss. The cashback bonus based on turnover is calculated based on the amount of your wagering. A loss-based cashback bonus means that the cashback bonus is calculated based on the portion of your money lost. When choosing an online cashback bonus, you should always carefully read the wagering requirements on the casino website. These include, for example, the maximum cashback limit and refund percentage, the ability to withdraw the cashback, etc.