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The best casino cashback bonuses in Canada

Bex Gawne
Updated: August 2024

Canadian casinos are home to an assortment of cashback bonuses. So, what actually are they and which ones are really worth claiming? We’ve reviewed and compared tons of casino cashback bonuses, shortlisting the best of the bunch right here…

What are cashback casino bonuses, and how do they work?

A cashback bonus is an incentive offered by Canadian casinos that refunds a percentage of your gambling losses over a specific period. Typically calculated on net losses, the cashback amount is credited to your account as cash or bonus funds with low wagering requirements. Think of cashback bonuses as a financial cushion that allows you to recoup against losses and extends your gaming time.

Types of casino cashback bonuses

Casino cashback bonuses vary in form and function. Here’s a look at some common variations:

  • Daily cashback

    Daily cashback
    As expected, based on the name, this bonus offers a percentage of losses back every day. Ideal for regular players, this bonus type encourages daily engagement and minimizes the impact of bad days.
  • Weekly cashback

    Weekly cashback
    This cashback type provides you with a regular opportunity to recover some of your weekly expenditures by calculating weekly net losses. It’s another popular option with frequent players.
  • VIP cashback

    VIP cashback
    This form of cashback bonus is exclusive to VIP club members. Loyal players can expect benefits such as higher cashback caps, higher cashback percentages, and lower wagering requirements.
  • First-time loss cashback

    First-time loss cashback
    A first-time loss cashback is aimed at new players and is something of a safety net. The cashback is offered on losses made during your first day or week.
  • Game-specific cashback

    Game-specific cashback
    A game-specific cashback targets losses on specific casino titles, typically slots. This encourages you to try new or featured games, allowing you to get money back even if you lose.

Our highest-rated casino cashback bonuses

Don’t get lost searching for the best cashback deals. We’ve spent a mad amount of hours reviewing Canadian casinos that offer this type of bonus, enabling us to curate our cashback bonus toplist. Find out a bit more about what you’ll get with the top five.

NovaJackpot

NovaJackpot is one of our go-to casinos currently! It has a gigantic selection of slots, a user-friendly mobile website, a juicy welcome bonus, and a whole lot more. Its cashback bonus is also one of the best, with 15% cashback on any incurred losses, up to $3,000 overall.

JustBit

JustBit boasts a lot of stand-out features, including a colossal games library, cryptocurrency payment options, and huge progressive jackpots. When it comes to its cashback bonus, other partners barely come close – here you can get up to 20% daily cashback. This is, however, dependent on your VIP level.

Monro Casino

Monro Casino is a newcomer that’s already made a big impression in casino land. It mesmerizes with its competitive games selection, which includes 5,000 slots, as well as its slick mobile gaming options, cryptocurrency payment methods, and 24/7 customer support. The cashback deal at Monro Casino is up to 10%, credited every Thursday.

PlayOJO

We love PlayOJO for several reasons. Its varied games catalogue, dedicated PlayOJO Android and iOS apps, and 50 free spins with no wagering requirements for new players. PlayOJO’s cashback percentage is far from the biggest, but it sits in the background and can quickly rack up a nice pot if you’re a regular at the casino.

BetPlays Casino

Alongside its vast 5,000+ game library, BetPlays Casino is highly regarded for its promotions. The welcome bonus, which changes frequently, currently offers a whopping 370% deposit match up to $5,000 plus 750 free spins. As for a cashback bonus, casino offerings are also rarely as generous on the surface. BetPlays currently offers a huge 70% cashback on live casino games.

Top payment methods for claiming cashback bonuses

Payment options Type Transaction fees Payout duration Registration requirements
Direct transfer Free Deposits: Instant withdraws: 3-5 business days Account registration and verification. Proof of card ownership required.
Direct transfer Free Deposits: Instant withdraws: 3-5 business days Account registration and verification. Proof of card ownership required.
Direct transfer Free Deposits: Instant withdraws: 3-5 business days Account registration and verification. Proof of card ownership required.
Direct transfer Free Deposits: Instant withdraws: 3-5 business days Account registration and verification. Proof of card ownership required.
Direct transfer Free Deposits: Instant withdraws: 3-5 business days Account registration and verification. Proof of card ownership required.

Popular payment methods for claiming cashback bonuses

When you choose one of the casinos we recommend, you can pick between a wide selection of payment methods. These include credit/debit cards, traditional bank transfers, e-wallets like PayPal and Interac, prepaid options such as Paysafecard, and even cryptocurrencies.

See more payment methods

How to claim a casino cashback bonus

When you find an online casino with a cashback bonus, you’ll want to make sure you claim the promotion correctly. Follow these steps and you won’t go wrong.

  • 1
    Ensure you meet the casino’s eligibility criteria for claiming cashback bonuses. This can be minimum losses or deposit requirements.
  • 2
    If you’re not already a member, sign up at the casino. If you’re a member, log into your account to activate the cashback offer.
  • 3
    Play games that qualify for cashback according to the casino’s T&Cs. Remember: not all games will contribute to cashback rewards.
  • 4
    Observe the timeframe during which losses count towards cashback. Your play must fall within this period to be eligible.
  • 5
    After meeting the conditions, claim your cashback through your casino account. It may also be automatically credited by the casino.

Pros & cons of cashback bonuses

Cashback bonuses are a unique, popular option among Canadian casino players – but they’re not perfect. Here are their main benefits and drawbacks:

  • prosCashback bonuses reduce the financial risk by returning a portion of losses to you.
  • prosWith the safety net of a cashback bonus, you can enjoy longer gaming sessions.
  • prosIn a lot of cases, a cashback casino bonus comes with lower wagering requirements than other bonuses.
  • prosThese bonuses often have fewer restrictions on games that qualify for cashback.
  • prosFrequent cashback offers can promote loyalty and encourage continued play at a casino.
  • consCashback bonuses are not offered by all casinos. This limits the number of options available.
  • consThere’s usually a maximum limit on the amount that can be claimed, restricting potential benefits.

Key factors to consider before you claim a cashback casino bonus

Before sampling a casino cashback bonus, you must consider various factors to maximize the benefits and avoid potential issues. Here are the key factors to weigh up when deciding to claim this bonus:

  • green-check-icon First review the wagering requirements linked to the cashback. Some online casinos might return the cash with no strings attached, but others may require you to wager the cashback amount several times. This can impact the real value of the bonus, along with the ability to withdraw quickly.
  • green-check-icon Pay close attention to the timeframe for earning – and using – cashback bonuses. Some casinos could offer cashback only on losses within a specific time for instance, or request you use the cashback within a certain time. Miss these windows, and you could forfeit the bonus.
  • green-check-icon Assess the percentage of cashback offered, as well as any caps on the amount you can receive. Higher percentages are appealing, of course, but they can be accompanied by lower maximum limits.

Top 10 slots to play with your cashback bonus

Ready to play with your cashback perk? Below, you'll discover our curated top 10 slot games—ideal for maximizing your return. These slots not only promise exhilarating gameplay, but they're also a potential springboard to lucrative wins.

White Rabbit Megaways
White Rabbit Megaways by Big Time Gaming
97.24%RTP
$0.2/50Min/Max bet
650,000xMax win
Immortal Romance
Immortal Romance by Microgaming
96.86%RTP
$0.3/30Min/Max bet
364,500xMax win
Big Bass Bonanza
Big Bass Bonanza by Pragmatic Play
96.71%RTP
$0.1/250Min/Max bet
525,000xMax win
Sugar Rush
Sugar Rush by Pragmatic Play
96.5%RTP
$0.2/100Min/Max bet
500,000xMax win
Sweet Bonanza
Sweet Bonanza by Pragmatic Play
96.48%RTP
$0.2/100Min/Max bet
2,110,000xMax win
Money Train 2
Money Train 2 by Relax Gaming
96.4%RTP
$0.1/20Min/Max bet
1,000,000xMax win
Book of Dead
Book of Dead by Play'n GO
96.21%RTP
$0.01/100Min/Max bet
500,000xMax win
Starburst
Starburst by NetEnt
96.09%RTP
$0.1/100Min/Max bet
50,000xMax win
Wild Cash x9990
Wild Cash x9990 by BGaming
96%RTP
$-/-Min/Max bet
-xMax win
Gates Of Olympus
Gates Of Olympus by Pragmatic Play
95.51%RTP
$0.2/125Min/Max bet
625,000xMax win

How we rate casinos that offer cashback bonuses

There are various factors we consider when rating a casino and its promoted cashback bonus. Along with the bonus generosity and fairness of terms, we also score it based on the overall reputation and reliability of the casino.

Background & safety check

Background & safety check

Safety and security are at the top of our list, with our team conducting a background and safety check before anything else. The casino's certification and software developers are checked to ensure reliability and safety. Encryption is also looked over for maximum security when it comes to payment. If these background and safety measures check out, the team moves on to the next stage.

Truste Logo Norton Logo eCogra Logo ConnexOntario Logo 19 plus Logo

Deposit funds & contact customer support

Deposit funds & contact customer support

Our experts take good care of testing out the casino's deposit systems, this is especially important when it comes to progressive jackpots. The team makes a real money deposit to check how smoothly the process goes, while also checking the range of available payment methods. Once all this checks out, our team contacts customer support to evaluate their response quality.


Play games & cash out winnings

Play games & cash out winnings

Our team is also responsible for trying out all the available games that the site offers, including progressive jackpots. We then move on to checking mobile compatibility, ensuring that mobile users will have a full & smooth experience. After everything is checked out in the real money casino, the remaining balance is drawn out to test the withdrawal process.

  • Baccarat
  • Bingo
  • Sic Bo
  • Slots
  • Sports
  • Video Poker

Casino rated & on our approved list

Casino rated & on our approved list

Once the team has tried and tested all these factors, they discuss which sites they liked and disliked. A group decision is made on which progressive jackpot casinos go on our approved list, regularly updating them to ensure all information is correct.

9.5

Casino cashback bonuses FAQ

Do cashback bonuses have wagering requirements?

Some cashback bonuses at Canadian casinos have wagering requirements. Some might offer them without additional conditions, allowing for immediate withdrawal.

Can I use cashback bonuses on any game?

This depends on your chosen casino’s terms. Some cashback bonuses might apply to all games, whereas others can be restricted to specific titles or categories.

What is the difference between cashback bonuses and other bonuses?

Typical casino bonuses provide you with extra funds on deposits. Cashback bonuses differ in they refund a percentage of losses, giving you a second chance if your funds are lost.

Are cashback bonuses safe to use?

Yes, presuming you select a reputable Canadian casino, such as those in our toplist, and practice effective bankroll management.