Banking Bonus

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Banking Bonus

Banking Bonus is also referred to as payment method bonus. it is a online casino bonus given to new players when they make their first deposits using casino’s preferred method of payments. Payment method bonuses are an not so well-known kind of online casino bonus given by some of the best online casinos. Their objective is to keep players who, for whatever reason, cannot use credit/debit cards to pay into their online casino accounts. This is because in some jurisdiction with very strict gambling legislation ban players from using credit/debit cards to fund their online casino gaming accounts. Players who tend to get their credit card transactions rejected at online casinos need not despair as credit/debit cards are not the only payment methods at online casino. Use an alternative payment method and get rewarded with a bonus. In an effort to attract a large customer base, online casinos make a wide range of payment option available, so customers can deposit and withdraw funds with ease.

Often, new players are entitled to a bonus if deposit using a preferred payment method to make the initial deposit and not on subsequent deposits. In addition, it is subject to certain terms and conditions. Make sure you are not missing out on these bonuses in addition to new player bonus, it is worthwhile checking if your preferred method of payment is entitle such offer, if so, make sure these offer don’t get wasted.

The most popular payment method bonus is a 10 or 15 percent match bonus on deposits made using Neteller, Skrill, PayPal, etc to give attractive alternative payment incentives to credit card users.

For example, Common banking bonus will give players a percentage of their deposit in addition to other bonuses. For example, if you were to deposit £100 and the casino is offering a 100% sign-up bonus and a 30% banking bonus, the total available to you would be the original deposit of £100 plus the £100 sign-up bonus plus the £30 banking bonus, or £ 230 in total.

Banking bonuses usually have a weekly or monthly maximum deposit limit. Always refer to the terms and conditions to make the most out of banking bonuses.

How to Claim Banking Bonuses?

Join an online casino that provides a broad variety of bonuses, including those for alternative payment methods.

In addition, players are required to sign up for an account with the online payment provider. For instance, if players wish to be eligible for a payment method bonus by depositing their casino gaming accounts with Neteller, they need to first register a Neteller account and validate that account before they can receive the bonus.

The following step is for the player to use of the chosen method of payment to fund their casino account.
After that, the players will be eligible to their regular new player bonus in addition to the payment method bonus.

Some requirements must be fulfiled in order to be eligible for the bonus. The typical terms and conditions state that the bonus sum cannot be withdrawn; players are only allowed to withdraw the winnings using the bpnus once they have fulfil the wagering requirements or play through the bonus a certain number of times within the required time limit.

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Don’t forget to check out the Ultimate Casino Bonus Guide 2022