Table of Contents
- About the £5 Deposit Bingo Bonus?
- Why You Should Play at £5 bingo sites
- Wagering and Bonus Terms on a 5 Pound Bonus
- Things to Consider about £5 bingo
- Payment Methods for a £5 Deposit Bonus
- Alternatives to £5 Bingo
- £5 Low Deposit or No Deposit
- £5 Deposit Bingo FAQ
About the £5 Deposit Bingo Bonus?
A online bingo bonus that activates with a 5 pound deposit is what we classify as a £5 Deposit Bingo bonus.
You can tell a £5 minimum deposit site from the bingo bonus. The fine print underneath the bonus banner will indicate the minimum deposit for claiming it. Sometimes, on the bonus deal itself, you’ll see it written as Play £5, Get …. This means you must deposit and spend the said amount before receiving the bonus.
The great thing with these kinds of offers is that they are better than a standard 100% match bonus. You often get a bonus of 300% or more. Sometimes you get free spins added on top of the bingo bonus too.
Why You Should Play at £5 bingo sites
Most UK bingo sites on the market are £10 or £20 bingo sites. However, not everyone wants to part with 10 quid when playing at a new online bingo site. Of course, the lower you can spend, the better, especially if you’re a casual player. This is where £5 bingo sites come in. £5 is not an amount that can leave a significant dent in your pockets. Using only 5 pounds gives you the confidence to try out a new bingo site, especially one with an unfamiliar network.
Players have recently been clamouring for low minimum deposit sites. Operators are also looking to make gambling a more pocket-friendly activity and attract even more players. So where you would have been hard-pressed to find a site that accepts a low deposit before, they are pretty easily available today.
The tricky aspect is finding one that will also allow you to claim a bonus with this amount. Operators in the UK now have to pay tax on bonuses whether players win or lose from them. This makes it significantly expensive to run these bonuses. Several sites have revoked their £5 offers, changing to higher deposit requirements. What this means is that these £5 bonuses are more valuable than ever for players. If you get a chance to claim one, you should be happy to take it. Just make sure you check the full bonus terms before you do.
Wagering and Bonus Terms on a 5 Pound Bonus
Wagering requirements are associated with almost every bingo bonus, except it’s a wager-free offer. This is the number of times you have to wager the bonus amount or the bonus winnings in the case of free bingo room or free spins bonuses. You’ll get more value out of bonuses with fair terms, so always look out for low wagering offers.
Besides wagering, you can also expect a time limit for completing the bonus. There may be selected games to use the bonus on or a max win cap. With a small amount, it’s also common for there to be payment method restrictions. We make sure to cover these in any bingo site we review, but we advise that you read the terms and conditions of any offer before you play.
Things to Consider about £5 bingo
There’s a lot to know about £5 minimum deposit bingo sites besides the fact that they are low deposit gambling platforms. 5 pound offers are usually reserved for new players. Operators aim to gain your trust by offering bonuses at a low cost and hopefully give you the confidence to stick around and place larger deposits.
If you’re not looking for a £5 bingo bonus but are simply playing on a budget, then you should first note how far this amount can take you.
Bingo tickets are not particularly expensive. You can find games with entrance tickets at just 10p. Doing the math, 5 pounds will get you 50 tickets. That should be reasonable enough, but sometimes you may need to purchase multiple entries in a single game to increase your chances of winning. Of course, you could just leave it up to luck and buy fewer tickets. But you should know that the more inexpensive games often attract the most number of players.
Online slots are a supplementary offering at many bingo sites, and if you’re an enthusiast of these one-armed bandits, you’ll also want a good choice of games that accept cheap bets. Fortunately, slots are famous for being extremely fun and affordable. Lots of titles allow as low as 10p. You can look out for penny slots, where a spin costs just £0.01.
Payment Methods for a £5 Deposit Bonus
Many bingo sites have unique payment methods for bonus eligibility. And when it’s a 5 pound deposit, even fewer payment channels may support the transaction. Below are the best payment methods you can count on to claim your £5 bonus:
Debit Cards
Debit Cards are the most popular deposit method at UK bingo sites, specifically Visa and MasterCard. They are safe, secure, and widely available, so they’re the easiest way to make an instant deposit. They will often support very low transactions at minimum deposit bingo sites. In addition, they also enable withdrawals, although this may take up to 5 days to process.
PayPal
This leading e-wallet is another excellent way to make a qualifying £5 deposit and claim a bingo bonus. With PayPal, you can deposit and withdraw pretty fast, and transactions are generally fee-free. PayPal is also highly secure because it prevents you from revealing your bank details. Players looking for a complete solution to deposit, withdraw, store funds and keep track of gambling transactions will find an optimal solution in this e-wallet service.
Paysafecard
This payment provider is the number one prepaid card service in the world. It’s a super option for depositing, and all you have to do is buy a prepaid card at a physical retailer or online. Then use the 16-digit PIN to transfer funds from the voucher to your online bingo merchant. It’s safe, super simple, and great for small deposits like £5.
Phone Billing
Phone billing is an increasingly popular way to deposit at bingo sites, not just because they are convenient but also because they allow very small transactions. Options like Boku and Payforit are among the most popular for online gambling. They’re safe since you don’t reveal your banking details. Simply make a deposit through your service provider, and the amount will be added to your monthly bill or deducted from your prepaid balance.
The ideal scenario would be if these payment methods also allowed low withdrawals. However, there isn’t always a guarantee of this. Some channels that support deposits may not support payouts, like the case of phone billing and Paysafecard. You will need to use an alternative method to cash out.
Alternatives to £5 Bingo
Since sites that accept £5 are not too easy to come by, naturally, those with lower minimums are rarer. The number one alternative to £5 bingo is £10 bingo. Most bingo sites are £10 deposit sites, and this is usually the minimum required to qualify for a bonus of free bingo tickets, bonus cash, or free spins. Double Bubble Bingo, Gala Bingo, and Paddy Power Bingo are all 10 pound bingo bonus sites.
£20 bingo platforms are also very widespread and are technically considered low minimum deposit sites as well, at least relatively. If you’re willing to risk a little more, £20 will allow you the space to optimise your strategy. You can play longer and maximise your chances with multiple tickets. £20 will almost certainly guarantee you a bonus.
£5 Low Deposit or No Deposit
Rather than a £5 bingo bonus, it’s easier to find a no deposit bingo bonus. This is because the no deposit bonus is offered as a sign-up offer right after you register. The no deposit bonus differs from the standard welcome bonus at many sites. After you reap the no deposit offer, you can still make a deposit to claim the welcome bonus. And as we’ve mentioned, the welcome bonus usually requires at least a £10 deposit.
No deposit bingo bonuses are typically given as no deposit free spins on slots or access to free bingo rooms. Newbie free bingo rooms are designed to let first-time customers play at a low cost. You may sometimes be required to make a small deposit to join in, as low as £1. Other times, they are entirely free. The prizes from these free bingo rooms are often free bingo tickets or other bonuses.
£5 Deposit Bingo FAQ
How much can I win from a 5 pound deposit bonus?
£5 is not a lot of money to play with, so your winnings will most likely be relatively small. The major benefit of such a small deposit is that you can try games at little risk. Whether you lose it all, win a small amount or hit the jackpot depends solely on luck.
What bonus can I get at a £5 deposit site?
You can get any standard bingo offer with a £5 deposit. The only difference is that it’ll be a smaller value than if you were playing at a 10 or 20 pound site. Free bingo tickets, free spins, and free bingo rooms should be available to claim.
Are £5 deposit sites worth it?
Yes, playing at a £5 deposit site is worth it, especially when you can claim a bonus. It’s also a great way to try out new bingo networks or new sites without risking too much. The UK Gambling Commission licences the best sites we recommend, so they are safe and reliable.
Which gambling payment methods support a £5 deposit?
Several reliable payment methods that support small transactions will be provided at the best sites. Debit cards, PayPal, and Paysafecard, are among the most popular. Phone billing methods are also available, and e-wallets like Neteller and ApplePay may also facilitate this minimum qualifying deposit.
What are the wagering requirements for £5 bingo bonuses?
The top UK Bingo sites generally have reasonable wagering requirements between 1x and 4x. Slots free spins bonuses, however, can go up to 20x. You’ll have to check the terms and conditions of the specific offer to find out what it entails. These bonuses may also come with no wagering requirements. But this depends solely on the operator.
How many free spins can I get from a £5 deposit bonus?
It depends. Some bingo sites will combine free bingo and free spins in a single offer, in which case you may get only a handful of free spins. Other sites may decide to offer only free spins, and the number will be much higher, as many as 80 free spins or more.