Best Cashback Bonus Casinos in Canada for 2024

Our team of experts thoroughly reviewed and ranked the cashback deals based on critical factors like percentage back, frequency, wagering requirements, and limitations. This ensures our recommendations provide the most advantageous bonuses to extend your playtime.

The Canadian Cashback Bonus Casinos for January 2024

Trusted
🔥 Best bonus online

Get a 450% Bonus up to $22,500 + 50 Free Spins!

  • Thrilling 450% Deposit Bonus + 50 Free Spins
  • Exclusive VIP Loyalty Program for Added Perks
  • Compete in Weekly Slot Tournaments for Extra Rewards

Maximize your chances of big wins with a 450% bonus, up to $22,500, on your first deposit. Get 50 Free Spins to elevate your gaming excitement.

For whom: New Customer
Form: Cash Bonus
Type: Boosted Odds
Term: -
Best bonus: Yes
Cashback: Yes
Birthday bonus: Yes
New players, minimum deposit: $250. Wagering requirement: 60x bonus and deposit. Free spins added upon deposit. Free spin winnings subject to 50x wagering. Bonus valid for 21 days. Maximum bet with bonus funds: $30. Bonus abuse may result in forfeiture of winnings. General terms and conditions apply.
Trusted
🔥 Best bonus online

300% Bonus up to $15,000 + 50 Free Spins!

  • Exciting 300% Deposit Bonus + 50 Free Spins
  • Personalized Account Managers for VIP Players
  • Compete in Exclusive Slot Races for Extra Rewards

Double your excitement with a 300% bonus, up to $15,000, and get 50 Free Spins to enhance your gaming experience.

For whom: New Customer
Form: Cash Bonus
Type: Deposit Bonus
Term: -
Best bonus: Yes
Cashback: Yes
Birthday bonus: No
New players only, minimum deposit: $100. Wagering requirement: 45x bonus and deposit. Free spins awarded upon deposit. Free spin winnings subject to 35x wagering. Bonus valid for 21 days. Maximum bet with bonus funds: $15. One bonus per player/household/IP address. Standard casino terms apply.
CasinoAdvantageWelcome BonusLive CasinoPayment MethodsMin. DepositMobile App
Wazamba🌴 Unique gamified experience with diverse game selection💰 Up to $500 + 200 Free Spins🎲 YesVisa & Mastercard, E-wallets, Bank Transfer$10📱 Yes
ICE Casino❄️ Cool and sleek design with a variety of casino games💰 Up to $200 Welcome Bonus🎲 YesVisa & Mastercard, PayPal, Bank Transfer$10📱 Yes

Wazamba

Wazamba

Type of Cashback: Weekly

Percentage: 5-15% up to 3,000 EUR (even for Canadian players, the amount is listed in euros)

Wagering Requirements: 1x

The site boasts more than 5,000 titles sourced from over 50 top-tier software providers such as Quickspin, Playtech, Pragmatic Play, and Play’n Go. Well-known slot games such as The Dog House Megaways, Legacy of Dead, and Big Bad Wolf are part of the selection, as well as timeless table games like Baccarat, Blackjack, Poker, and Roulette. You can see all the trending games in the dedicated tab called ‘Popular’. A live casino section is also available.

Customer support works round the clock via the live chat function or email [email protected].

Cashback Offers

Top-tier VIP players get bonuses: 5% up to 1,000  EUR for Gold, 10% up to 2,000 EUR for Platinum, and 15% up to 3,000 EUR for Diamond members, with a 10 CAD minimum. Cashback is for net losses in the Casino section and must be wagered 1x. Opt-in weekly; it’s calculated from Monday to Sunday losses and credited on Mondays after activation.

A 25% up to 300 CAD live casino cashback is available for net losses, with no opt-in. Claim from customer support on Monday, with a 10 CAD minimum and 1x wagering requirement.

ICE Casino

Ice Casino

Type of Cashback: Weekly

Percentage: 3-12% up to 2,000 CAD

Wagering Requirements: 21x

At ICE Casino, players can explore a collection of over 3,500 slot games featuring top titles like Big Bass Splash (the most trending in Canada), Book of Dead, Gates of Olympus, Joker Stoker, and Sweet Bonanza.

This selection comes from esteemed game providers including NetEnt, Pragmatic Play, Quickspin, Play’nGo, Amatic, EvoPlay, and more. Additionally, there’s a live casino area offering Roulette, Blackjack, Baccarat, Craps, Sic Bo, and game shows such as Crazy Time.

For any support needs, the ICE Casino customer service team is available 24/7 through live chat or at [email protected] via email.

Cashback

You can earn a weekly bonus at the casino based on losses, credited every Monday at 00:00 GMT, with rates from 3% to 12% according to loyalty status. Get 1 point per 2,5 CAD bet, advancing through 99 levels and 10 statuses for enhanced benefits.

Eligibility starts from Amateur status with a 20 CAD net weekly deposit. The funds have a 21x wager requirement, must be used within 5 days, and capped at 2,000 CAD weekly.

The Best Cashback Bonuses in January

Cashback

Let’s examine these bonuses in detail to determine how to maximize their benefits.

Wazamba: Low Wagering Requirements

The players who have reached one of the top three VIP levels can use a cashback bonus.

The amount you get back depends on your VIP status (the casino exclusively presents amounts in euros):

  • Gold members receive 5% up to 1,000 EUR
  • Platinum members receive 10% up to 2,000 EUR
  • Diamond members earn 15% up to 3,000 EUR.

The minimum amount is 10 CAD.

The cashback only applies to net losses from actual deposits in the Casino section. The bonus is added to the player’s real balance with a required wager of 1x.

To qualify, members must opt in each week and play. The cashback, based on a percentage of net losses incurred from Monday 00:00 to Sunday 23:59 UTC, is automatically calculated and ready to be credited on Mondays. However, activation under ‘My Bonuses’ is required to claim it.

A live cashback bonus is also available. Here are the key points:

  • It gives a 25% return up to 300 CAD on losses at the Live Casino section.
  • The promotion is open to the registered users, with the cashback period running weekly from Monday 00:00 to Sunday 23:59 UTC.
  • To qualify, you must top up your balance and play live casino games during the promotional period.
  • There’s no additional opt-in required. However, to claim the cashback, players must get in touch with customer support via Live Chat or email on the following Monday, after 06:00 UTC and before 23:59 UTC. 

The minimum eligible amount is 10 CAD, while the maximum can reach 300 CAD. It’s calculated based on net losses from real money bets, with bonus funds being ineligible. The cashback is credited to the player’s real balance and comes with a low wagering requirement of 1x before withdrawal.

Ice Casino: Big Potential of Cashback

The casino’s program offers a weekly opportunity to reclaim a percentage of gaming losses. This refund, which is credited to your bonus balance, is automatically processed at 00:00 GMT every Monday if you’re eligible.

The amount is based on a  formula:

Cashback = (Deposits – (Withdrawals + Bonuses + Current Balance)) x Cashback Coefficient

The rate you receive is tied to your status in the loyalty program and ranges from 3% to 12%.

As for the loyalty program, every 2,5 CAD bet earns 1 point. As players accumulate points and advance through levels—from Beginner to VIP Diamond—they unlock greater perks, such as better cash exchange rates, higher reload bonuses, increased cashback, and birthday bonuses. There are 99 levels and 10 statuses. 

The key points:

  • Players become eligible for cashback once they reach at least an Amateur status within the loyalty program, which spans levels 10 to 19 out of 99. After accounting for any bonuses received, they must also have a net deposit amount of at least 20 CAD for the week.
  • To learn the amount, players can check the “Available bonuses” section within their profile, which refreshes hourly.
  • Once received, the amount carries a 21x wagering requirement and must be utilized within 5 days to fulfill this condition.
  • The maximum cashback reward available to claim per week is 2,000 CAD.

How We Review Casino Bonuses

The process starts with our dedicated team conducting extensive research and monitoring various offerings of this bonus type. We ensure that the bonuses listed are current and come from legitimate casinos.

Our ranking is grounded on up-to-date data, as we every month verify the relevance of each bonus to guarantee that our recommendations reflect the best available options.

Our reviews are shaped by a set of key criteria: 

  • Wagering Requirements: We assess how many times the cashback amount must be played through before you can withdraw it. The more user-friendly these requirements are, the better the bonus ranks.
  • Percentage of Cashback:  The main criterion isn’t just about the size of the bonus. Moreover, extremely high bonus amounts are often indicative of stringent limitations. However, the percentage matters, as it’s the primary reason you participate in a promotion.
  • The Frequency: Some casinos offer daily, weekly, or monthly cashback, and we determine how this frequency aligns with player convenience. The most common type in Canada is a weekly bonus.
  • Eligibility: This is about the types of games that contribute to the cashback or the minimum loss amount needed to qualify for the bonus.
  • All Kinds of Restrictions: This refers to the expiration dates, restricted payment methods, and various other obstacles that casinos devise to complicate matters for players.

How Cashbacks Work

It’s evident that these criteria closely resemble the factors our experts take into account, as both you and they share the same goal: to present you with the best options for choosing a bonus. Here are key points every player should be aware of:

  • Wagering Conditions: Be aware of playthrough requirements that dictate how many times the bonus must be wagered before it’s eligible for withdrawal.
  • Time Limits: Note the expiration date of the bonus funds to ensure you use them within the allotted period.
  • Exclusions and Limitations: Pay attention to any excluded games or betting limits that could affect bonus applicability.
  • Percentage and Maximum Amount Limits: They directly affect the overall value and potential benefit you can receive from a bonus.

How to Get Cashbacks in Canada?

The process can vary between casinos. Some require you to opt-in and manually activate bonuses, while others credit them to your account automatically. Let’s explore both scenarios.

Wazamba: Manual activation

  1. Loyalty Program Membership: Become a member of the casino’s loyalty program and achieve the required VIP level to qualify.
  2. Opt-in Every Week: It is necessary for eligibility. 
  3. Play Casino Games: Deposit and engage in casino games throughout the week. Only activity in the Casino section counts.
  4. Activate Your Bonus: Find your credited cashback in ‘My Bonuses’ each Monday and activate it.

Ice Casino: Automatic activation

  1. Check Your Status: Make sure you’ve reached at least an Amateur status in the casino’s Loyalty Program and have a net deposit (deposits minus bonuses) of at least 20 CAD for the week.
  2. Play and Monitor: Participate in games throughout the week. Keep track of your deposits, withdrawals, bonuses, and current balance as these will impact your cashback amount.
  3. Verify Your Bonus: Check the “Available bonuses” section of your profile, which updates hourly, to find your entitlement.
  4. Wagering Requirements: Note that the bonus is credited with a 21x wager requirement that you must meet within 5 days.

A bonus is calculated and credited to the balance every Monday automatically.

How to Use and Withdraw Cashback Bonuses?

Maximizing your bonus involves a combination of strategic play and adherence to the casino’s rules. To successfully use and withdraw your bonus:

  • Review the terms and conditions carefully, as they will detail the necessary wagering requirements—these are the multiplier you must bet before withdrawals are possible.
  • Specify whether the bonus needs to be claimed manually or if it is credited automatically.
  • In gameplay, select games that contribute to these requirements to efficiently meet the playthrough conditions.
  • Avoid any actions that could void the bonus, such as playing ineligible games or attempting to withdraw funds before meeting the requirements.
  • Aim not for the maximum bonus, as it’s tied to your losses; the higher the amount, the more you’ve lost, often significantly so. Always play responsibly. Treat cashback as a chance for extra enjoyment and nothing beyond that.

Can You Win Real Money With Cashbacks?

While it is technically possible to win real money using bonuses, it’s important to set realistic expectations. These bonuses are primarily intended to extend your gaming session and augment your enjoyment, not as a means to earn income.

Due to wagering requirements, turning cashback into substantial winnings can be challenging. Furthermore, winning typically indicates that you’ve experienced losses. Thus, we advise against actively pursuing bonuses with the sole intention of making a profit. Instead, view it as a modest perk providing slight compensation for your losses, allowing you a little extra playtime or a second chance at the games you enjoy.

FAQ

FAQ
What is a cashback bonus?

It returns a percentage of your losses back to you as bonus funds.

How do I get a cashback bonus?  

Eligibility varies by casino. You may need to opt-in, reach a certain loyalty status, or fulfill a minimum loss amount.

Can I withdraw my cashback?

Once wagering requirements are met, It can be withdrawn as real money.

Is cashback free money?

No, it refunds a portion of losses, so you must lose money to earn it.

Author: Jack Hamilton

Avatar photo

Jack Hamilton is an esteemed author and gaming enthusiast specializing in the online casino industry. Currently contributing to Top Gambling Platforms Online - Best Ratings and Reviews , Jack has spent over a decade immersed in the world of iGaming, combining his passion for gaming with an innate ability to articulate complex concepts in a relatable way.