Cashback Bonuses at NZ Online Casinos

The cashback bonus is a unique online casino bonus that offers players the rare opportunity to recoup a select percentage of their gambling losses. It’s not every time you’ll be able to claim this bonus, so it’s a good idea to take advantage of it when you do get the chance.

We’ve highlighted some of the best cashback casinos in New Zealand that offer this promotion below. The rest of this guide will explain cashback bonuses in more detail, including major advantages and disadvantages, the claiming process, and everything in between. We’ve also included some pro tips on how to maximise cashback at the leading NZ online casinos.

  • Deposit NZ$2+, Get 100% Matched Deposit up to NZ$500
    22 Bet Casino Review
    • A Sportsbook and Casino lovers' paradise
    • Thousands upon thousands of games and events
    • Fabulous ongoing offers
    18+ Play responsibly. Terms and Conditions Apply.

    22 Bet Welcome Bonus – 100% Matched Deposit up to NZ$500

    Because this casino is both a sportsbook and casino, it has two opening offers. For the purpose of this review, we will be focusing on the casino welcome bonus. However, sports fans may want to check out the matched deposit offer of 100% up to NZ$230 because you will only be able to choose the casino or sports offer when joining. For casino fans, the joining offer is a 100% matched deposit offer of up to NZ$500. Simply sign up and deposit a minimum of NZ$2 or a max of NZ$500 and get the deposit matched 100%. It is that simple! Of course, like most opening offers, you will need to wager the bonus amount before you can withdraw. In this case, you will need to wager the bonus amount 50x. That’s a little higher than the average for a casino opening offer but it still represents a good deal. Sadly, all crypto accounts are disabled when it comes to bonuses at this casino. There are also some other terms and conditions you’ll need to know about. We’ve highlighted the main ones below.

    Terms and Conditions

    • The max bonus is NZ$500
    • Minimum deposit is NZ$2
    • Bonuses must be wagered within seven days
    • 50x wagering/play-through requirement
    • Certain games are excluded from wagering requirements – check the list in the terms and conditions before playing
  • Deposit NZ$10+, Get 100% up to NZ$123 + 10% Cashback
    Fun Casino Review
    • Fun times for Megaways fans at Fun Casino!
    • Dedicated to premium slots from Novamatic
    • Deposits by Bitcoin for fans of cryptocurrency
    18+ Play responsibly. Terms and Conditions Apply.

    Welcome Bonus

    At Fun Casino, new players will receive a 100% matched first deposit bonus up to $123. The welcome bonus must be wagered 50x within the first 30 days of receiving it before any withdrawal can be made on these funds. When this has been completed, the funds will be converted into cash, and a withdrawal may be made. A minimum first deposit of $10 is needed to activate the welcome bonus. Slots contribute 100% to the wagering requirements, whereas video poker, live casino and table games contribute nothing.
  • Deposit €20+, Get up to €200 Bonus + 10% Daily Cashback
    Moi Casino Review
    • Low wagering on sign up offer
    • 100+ Megaways titles
    • Daily 10% cashback offer
    18+ Play responsibly. Terms and conditions apply.

    Welcome Bonus

    Moi casino is so new and fresh you can almost smell the leather. It emerged in a post lockdown world last year and, although it sounds very French (moi = me in Francais in case you didn’t know) and references Euros rather than NZD $s, it is open to New Zealand players. It accepts NZ$ as part of the deposit process but all of the advertising and terms and conditions are in Euros so you’ll just have to keep that currency exchange converter to hand when playing. And how does this French-sounding company welcome you? With a big double kiss on each cheek. They will match your first deposit with a 200% cash bonus up to €200 which = NZ$340. Nice! How does that work in practice? Simply deposit €100 and your €200 bonus will be active. To withdraw winnings you will need to wager the bonus 30x or in other words, you’ll need to wager through €6000 first. A handy wager tracker will be displayed so that you know where you’re up to. Unfortunately, this welcome offer isn’t available for Skrill, Neteller or Paysafe deposits. Live Casino and Table Games won’t contribute to wagering requirements. There’s also a cap on winnings of €1000 and you only have three days to play to meet the requirements. This is a wonderful and simple opening offer. The 30x wagering requirement is below the industry average of 40x and I love the fact that the tracker tells me where I’m up to. Moi has got off to a very good start indeed!
  • Deposit NZ$20+, Get 200% up to NZ$400 + 10% Daily Cashback
    Yaa Casino Review
    • Return daily for deposit bonuses
    • 200% welcome deal available on sign-up
    • Massive games range developed by top teams
    18+ Play responsibly. Terms and Conditions Apply.

    Welcome Bonus

    1st 200% 200 20 x30
    Yaa for Welcome Bonuses
    You will want to say Yaa to the Welcome Bonus that Yaa Casino has put in place. The offer is simple but effective and involves the provision of a $200 bonus for depositing just $100. If a 200% match is not persuasive enough, Yaa Casino asks that you only wager your bonus 30x before any associated winnings become payable. In total, $6,000 of bets could see you walk away with a tidy sum of money up to $1,000. The Welcome Bonus that Yaa Casino hopes that you will be agreeable to is not the biggest prize in the industry by any stretch. But, then again, there aren’t many 200% matched deposit offers advertised in the marketplace either. It would appear that this Welcome Bonus is perfect for the occasional player who has a bit of spare cash at their disposal. The terms of this offer are so good that it has to be recommended that all players invest the necessary sum to take full advantage of this scheme. When it comes to wagering requirements, all games are not equal. Every dollar that you invest in Slots games tends to reduce your obligations by the same figure, but this is not universal.
    • Slots – 100%
    • Classic Slots – 75%
    • Scratch Games – 100%
    • Live Casino Games – 5%
    • Jackpot Games – 0%
    • Table Games – 0%
    • Video Poker Games – 0%
    In summary, Yaa Casino’s welcome will make you say “yeah”.
  • Deposit NZ$40+, Get up to NZ$1,000 + 200 Free Spins on your First Deposit
    Oh My Spins Casino Review
    • Fantastic ongoing bonuses
    • Huge number of games
    • Sportsbook and casino
    18+ Play responsibly. Terms and Conditions Apply.

    Oh My Spins Casino Welcome Bonus – 100% Matched Deposit up to NZ$1,000 PLUS 200 Free Spins

    Oh My Days! What a lovely opening offer. Oh My Spins Casino rewards new players with a fabulous matched deposit offer of NZ$1000 plus 200 free spins. Sports fans have the option to plump for a 100% matched deposit up to NZ$150. You will only be entitled to one of these opening offers when you join, so choose wisely. To claim this Welcome Bonus, you will need to register and make your first deposit. There’s a minimum deposit of NZ$40 to redeem this opening offer, but clearly, if you want to max it out, you’ll need to deposit NZ$1,000. You will then need to activate the offer in the bonus section of the website. The free spins are added at a rate of 20 per day for ten days. The wagering requirement for the bonus deposit is 35x the deposit and the bonus. Any winnings from free spins need to be wagered 40x. As with all opening offers, please read the terms and conditions before playing. We’ve highlighted the main ones below.

    Terms and Conditions

    • New players only
    • Bonus and deposit must be wagered 35x
    • Winnings from free spins must be wagered 40x
    • Deposits by Neteller and Skrill do not qualify
    • Free spins must be claimed within 24 hours
    • Bonus expires in 10 days
    • Games contribute differently to wagering requirements; only pokies are 100%
    • Some pokies are excluded from wagering requirements. Check the list before spinning.
  • Deposit NZ$30, Get 100% Matched Deposit Bonus up to NZ$1,000
    Rant Casino Review
    • Bonuses galore
    • Complete quests to win prizes
    • Quality high-volatility games
    New players only Seven days to claim 30-day expiry Minimum deposit NZ$30 X35 wagering bonus plus deposit Only slots contribute 100% to wagering requirements

    Welcome Bonus - 100% Matched Deposit Bonus up to NZ$1,000

    Rant Casino offers new players a phenomenal 100% matched deposit bonus of up to NZ$1,000 when they join. Plus, depending on what you play, you could receive up to 25% cashback in the process. Simply sign up and make a deposit between NZ$30 and NZ$1,000 to have your deposit matched. There are, of course, a couple of key considerations. Namely, you will need to wager both your deposit and bonus x35 before you can withdraw any winnings from this offer. But be quick; you’ll only get seven days to redeem this offer once you sign up.

    Terms & Conditions

    • New players only
    • Seven days to claim
    • 30-day expiry 
    • Minimum deposit NZ$30
    • X35 wagering bonus plus deposit
    • Only slots contribute 100% to wagering requirements
  • Deposit NZ$20+, Get 100% Matched Bonus up to NZ$1,750 + 50 Free Spins
    CashWin Casino Review
    • Bountiful bonuses
    • Thousands of games
    • Sportsbook and Casino
    New players only, Minimum deposit NZ$35, X35 wagering both bonus and deposit amount, X40 wagering on free spin wins, Max bet NZ$9

    Welcome Bonus - 100% Bonus up to NZ$1,750 Plus 50 Free Spins

    What an opening offer! CashWin Casino offers new players a phenomenal 100% matched deposit bonus up to NZ$1,750, as well as 50 free spins. And because this casino also has a sportsbook, fans of the footy can choose a 30% cashback bonus up to NZ$500 instead. Here's how the casino welcome bonus works. All you have to do is deposit between NZ$20 and NZ$1,750, and CashWin will 100% match it. There are a couple of key terms and conditions you need to be aware of. Mainly, you will need to wager/play through both your deposit and bonus amount x35 before converting any wins into withdrawable cash. Free spins must be played on Bonanza Billions, and any wins from free spins will need to be wagered x40 before you can turn a profit. This is a mighty eye-catching opening offer, sure to appeal to players in New Zealand.

    Terms & Conditions

    • New players only
    • Minimum deposit NZ$20
    • X35 wagering both bonus and deposit amount
    • X40 wagering on free spin wins
    • Max bet NZ$9
  • Rakeback up to 15%
    0x Bet Review
    • Crypto friendly casino
    • Huge game range
    • Big on bonuses
    18+ Play responsibly. Terms and conditions apply.

    Welcome Bonus - Rakeback up to 15%

    This casino doesn't have what you might call a 'traditional' welcome bonus. Instead, 0x Bet sells how it is different to other casinos in a rather unique way. It promotes the fact that Know Your Customer information isn't necessary for crypto players. It also highlights its super quick withdrawals as well as "the most exclusive VIP programme ever". The closest to a bonus incentive for sign-up at 0x Bet comes in the form of a 15% Rakeback. Modern rakeback has its roots in early poker play, where a casino would offer a percentage of the entry fee back to players to encourage them to continue playing. At this casino rakeback covers all the games, not just poker. For example, If you place a NZ$20 bet on a slot and have a VIP level of 4, which has a 20% rakeback, then you multiply this by the house edge (10% for example) and the resulting amount is the rakeback amount you get i.e stake NZ$20 x20% x 10% = NZ$0.40 Best of all that's cash with no wagering attached.
  • Deposit NZ$30+, Get up to NZ$4,000 + 300 Free Spins over 4 Deposits
    Just Casino Review
    • More than 3,500 games
    • Brilliant bonuses
    • Superb studios
    New players only, One account per household/IP address, Bonus active for seven days, X40 wagering bonus and free spin wins, Bonus wins capped at NZ$5,000, Wins from free spins capped at NZ$300, Max bet while wagering is NZ$8

    Welcome Bonus - Matched Deposit Bonus up to NZ$4,000 Plus 300 Free Spins

    HUGE! That’s the only way to describe Just Casino’s opening offer to attract new players. It’s an eye-catching matched deposit offer, up to NZ$4,000, with a thrilling 300 free spins up for grabs. This welcome offer plays out across your first four deposits; here’s how it works:
    • First Deposit - 100% matched deposit up to NZ$500 plus 100 free spins - no bonus code)
    • Second Deposit - 100% matched deposit up to NZ$500 plus 50 free spins - use bonus code JUST2
    • Third Deposit - 50% matched deposit up to NZ$1,000 plus 50 free spins - use bonus code JUST3
    • Fourth Deposit - 25% matched deposit up to NZ$2,000 plus 100 free spins - use bonus code JUST4
    Clearly, you’ll need to deposit a lot more by deposits three and four to max out this offer, but you can redeem this bonus for as little as NZ$30 per deposit. To convert this offer into cash, you will need to wager/play through the bonus and any wins from free spins 40x. This is bang on average for the casino sign-up world and, given the huge matched deposits on offer, very worthy of consideration.

    Terms & Conditions

    • New players only
    • One account per household/IP address
    • Bonus active for seven days
    • X40 wagering bonus and free spin wins
    • Bonus wins capped at NZ$5,000
    • Wins from free spins capped at NZ$300
    • Max bet while wagering is NZ$8
    • Not all games contribute to wagering requirements - check before you play
  • Deposit NZ$50+, Get 100% cashback as a free bet up to NZ$50
    Casumo Casino Review
    • Build up points from reel races tournaments
    • Immerse yourself in the $1,200 new player bonus
    • Stellar slots range powered by NetEnt
    18+ Play responsibly. Terms and conditions apply.


Anne Ifeanyi

Last Updated:


Table of Contents

What Is a Cashback Bonus and How Does it Work at Online Casinos?

A casino cashback bonus is an online promotion that offers players rebates on part of their losses. If you’re an avid casino goer, you’re no stranger to taking losses, but with this bonus, you can claim back some of that lost money. For this reason, it’s often called a money-back bonus.

Casino bonus cashback is usually available to everyone, new players and existing customers alike. It’s one of the few casino promotions that don’t discriminate. Cashback can be given as a bonus or real money. When given as a bonus, you’ll need to complete the terms and conditions before you get a payout. The only exception to this rule is no wagering bonuses.

Calculating cashback is quite easy. Let’s say your preferred online casino is offering a 15% Weekly Cashback Bonus. If you were to lose NZ$100 during gameplay in the previous week, you’ll receive a NZ$15 bonus. It’s that simple. Like the deposit match bonus, cashback is always given as a percentage value. Percentages vary by casino site and can range from 5% to 30%.

Different Types of Online Casino Cashback Bonuses

All casino cashback offers aren’t the same. There are different types you’ll encounter at online casinos, and we’ve gone ahead to compile a list of the major types of cashback bonuses available:

Cashback on Losses

This is the standard bonus cashback format that offers rebates on losing bets. This one usually has no game restrictions, meaning that you’ll receive a percentage of your losses irrespective of the game you play.

Deposit Cashback

Deposit cashback is a unique form of cashback available within the iGaming scene; they deviate from the inner workings of regular cashback offers. So, rather than receiving rebates on losses, the casino offers you a part of your deposit. It’s more generous since you’ll receive cashback whether you win or lose.

Cashback on Specific Casino Games

This cashback offer usually focuses on a particular casino game or category of games. For example, it might be available on a pokie game like Gonzo’s Quest or live Game Shows such as Cash or CrashMega BallCrazy Time, and Dream Catcher. Sometimes, only games from specific software providers are eligible. This type of cashback is very attractive, especially when your preferred game genre is involved.

Loyalty Cashback

Cashback offers are a standard reward system within loyalty and VIP programs. You’ll usually get progressive cashback values, with rates increasing as you advance in rank. For instance, where level 1 players may get a 5% cashback offer after creating an account, those at the topmost levels may benefit from 20% or 30% cashback.

Monthly Cashback

This cashback bonus offers rebates at the beginning of every month, and the relevant cashback period is the previous month. The rebate you’ll receive on this cashback variant is typically low and will differ from casino to casino.

Weekly/Weekend Cashback

The weekly cashback format is very common, especially within loyalty programs. A weekly cashback promo will take into consideration losses incurred in the span of a week. In contrast to the monthly cashback, this one encourages more regular play. On the other hand, weekend cashback covers bets made during the weekend.

Daily Cashback

Daily cashback covers losses within the previous 24 hours. It’s one of the rarest forms of cashback available. This kind of cashback bonus is usually offered at new online casinos looking to gain a competitive edge.

Short-Term Promotion Cashback

These promotions are usually active for a few days or a few weeks. For example, a casino might curate a Christmas-themed cashback offer during the festive period to commiserate with those celebrating Christmas. However, note that the T&Cs attached to these cashback bonuses are stricter than what you’d encounter on other variants.

Converted Rebates

With converted rebates, instead of receiving your cashback as cash, you’ll get them as on-site tokens like free spins, online bingo tickets, etc.

Live Casino Cashback

This refers to cashback promotions valid exclusively on live dealer games. The live casino cashback offer is an excellent incentive if you enjoy placing wagers on Live BlackjackLive BaccaratLive Roulette, Live Game Shows, etc.

Advantages and Disadvantages of the Cashback Casino Bonus

Cashback bonuses are great casino offers. However, like all online casino bonuses, they too come with pros and cons, and it’s best to stay informed about their good and bad sides so you can navigate through them smoothly. So here’s what you need to know:


  • Safety Net for Players: Cashback bonuses offer protection against outright losses. This is beneficial to both newbie and veteran casino players, as losses are unavoidable when gambling.
  • More Chances to Win: Getting cashback means you have extra funds to play with. And each additional bet on pokies or table games is one more chance to win.
  • Little to No Wagering Requirements: These promotions typically have low wagering or no wagering requirements at all, meaning you can withdraw your bonus very quickly.
  • Easy to Use: To activate a cashback bonus, all you need to do is opt into the offer and input a promo code if necessary. It’s very user-friendly and doesn’t require too many protocols.


  • Limited Accessibility: Cashback bonuses are often tied to losing bets. As such, you’ll only benefit from them when your wagers fall through.
  • Small Reward: If you’re looking for cashback sites with big sign-up bonuses, you may be disappointed. Since cashback percentages are usually very small, you’ll only get a small reward in return.
  • Restricted Games: Cashback offers are usually available on one or a select group of games. So, if you aren’t playing any of these titles, you won’t be compensated for your losses.

Claiming a Cashback Bonus: 5 Steps to Take

If your chosen online casino offers a cashback bonus, claiming it isn’t rocket science. By following the steps, you’ll be able to claim cashback promotions easily:

Choose an Online Casino

If you want a cashback bonus, you must choose an online casino offering one. Fortunately, we’ve done the legwork for you and have sieved out some of the best cashback bonus online casinos. Just take your pick from the sites on the banners atop this page.

Read the Offer’s Terms and Conditions

Make sure you read the fine print. This way, you’ll get up to speed with all the bonus rules and better understand how the bonus works.

Create an Account

You must be a registered player to claim a casino cashback bonus. So make sure you create your new player account by filling in your data and verifying your account as requested.

Opt-In for the Bonus

The next step is to opt in for the bonus. You can do this under your profile or within the promotions page.

Claim Your Cashback

Place wagers on participating titles during the cashback period, and afterwards, you’ll automatically receive your rebates, depending on how much you deposited or lost. 

Terms and Conditions Associated With Casino Cashback Bonuses

We’ve already established that cashback promotions have terms and conditions. Here, we’ll take a closer peek at the major components making up these T&Cs.

  • Minimum Deposit/ Loss Limit: This is the smallest amount that must be deposited or lost during the cashback period to be eligible for the bonus.
  • Wagering Requirements: Many times, the cashback casino bonus is wager-free. However, other times, there may be some playthrough required. This is usually the case for converted rebates, where the cashback may be given as free spins or other non-cash bonuses.
  • Maximum Cashback: The maximum amount you can receive as cashback. For example, if a 10% cashback offer comes with a NZ$300 maximum cashback, that’s all you’ll receive even if you lost NZ$400 or more.
  • Cashback Period: The time limit on cashback bonuses is daily, weekly, or monthly. You must place bets or deposit within the specified time to be eligible for cashback.
  • Participating Games: This marker is one of the most important when it comes to cashback bonuses. These promotions are typically available on specific games, with others being excluded. It’s important to check which games are eligible before you play.
  • Minimum Payout: This is the smallest amount you can receive as cashback. It’s similar to the no minimum deposit/loss limit because you can simply calculate how much you need to spend to achieve the minimum payout.

Vital Tips to Get the Best Out of Your Cashback Bonus Online

Your cashback bonus experience can be good or bad, depending on how you make use of it. Naturally, everyone wants the best value when using these offers. So here are some of our expert tips for maximising the cashback bonus:

Carefully Read the Terms

This is a step you absolutely should not skip. Take the time to go through the bonus terms and learn all the rules about using the bonus.

Take Note of the Cashback Percentage

Higher cashback percentages don’t always translate to it being a better offer. However, where all other terms are equal, the higher the percentage, the better your cashback value. 

Check The Cashback Validity Period

The cashback validity period tells you how much time you have to participate in games and what your chances are of winning the bonus. Suppose you’re not such a regular player. You may want to avoid the time-constrained Daily Cashback and stick to Weekly or Monthly offers instead.

Be Aware of Game Exclusions

The reason why it’s essential to take note of this is so you don’t waste time playing excluded games. Unfortunately, this is a common way many players lose out on cashback bonuses.

Have a Budget

Establishing a budget helps manage your bankroll. It also helps you with your cashback strategy. You can plan how much you want to spend based on how much you hope to win as cashback.

Play Consistently

Regular play is often more beneficial than sporadic, high-volume sessions. Many casinos calculate cashback based on daily, weekly, or monthly activity, so consistent play can lead to better cashback rewards.

Cashback Bonuses FAQs

What is a cashback bonus in online casinos?

A cashback casino bonus is a type of promotional offer where the casino returns a percentage of your losses. It may be given as bonus money or real cash.

Can I receive real money with a cashback bonus?

Yes, you’ll often get real cash rebates from cashback promotions. However, several sites will offer these rebates as bonus spins or bonus cash that you have to play through before receiving a payout.

Do all online casinos offer cashback bonuses?

No, not all casinos are cashback bonus casinos. Fortunately, there’s a good number of sites where you can enjoy a cashback bonus online, and we’ve recommended the best ones for you right here on this page.

Is cashback bonus online safe?

Yes, cashback bonuses are safe to claim. Nonetheless, you must ensure that you’re claiming these incentives at licensed and regulated online casinos like the ones we recommend.

Is cashback bonus free money?

Cashback is basically the casino returning some of your bets back to you, so it’s not exactly free money. However, sometimes you may receive these bonuses with no deposit and wager-free. In this case, they work just like free money.

Do I get cashback only for losing bets?

Most cashback bonuses are on gambling losses, but there are also cashback offers for all deposits within a given period. Deposit cashback is more generous since it rewards both losing and winning stakes. However, it’s also less common.

Can I use cashback bonuses on any game?

Cashback bonuses often come with game restrictions. Casinos might exclude certain games from qualifying for cashback, and there may be different cashback rates for different types of games.

How often can I claim a cashback bonus?

Some cashback casinos provide this bonus as a regular promotion (daily, weekly, or monthly), while others offer it as a special or occasional bonus. The frequency by which you can claim it depends on how the casino chooses to offer the bonus.

How much cashback percentage can I get?

The average cashback percentage is about 5% – 30%. Some cashback offers are fixed, while others grow in percentage as you continue playing at the site.

Are cashback bonuses better than other types of casino bonuses?

Cashback bonuses can be considered more favourable than other casino bonuses because they help you cut down on your losses. Also, they tend to have lower wagering requirements than other bonus types.