Loyalty bonuses come in a wide array of shapes and sizes, with some naturally being superior to others. When looking out for a loyalty bonus and determining which is the best, it's essential to consider which is the most beneficial on a personal level. No two people are the same, so while one loyalty bonus may work best for some people, it may not be as good for others.
It all depends on what particular games the player enjoys playing most and what they're looking for from an online casino. For instance, if a player most enjoys playing online bingo games and rarely (if ever) plays slots, then a bonus of free spins may not be beneficial. However, in this case, a bonus when depositing funds (such as multiplying the deposit amount) would be helpful and could be used on the bingo games.
Keeping this in mind, here are some of the different types of casino loyalty bonuses:
Cashback Bonus: The most common bonus offered to loyal customers, a cashback bonus allows a player to earn points for each wager that is placed. Once particular milestones are reached, such as a certain amount of points, the customer can then convert these points into real cash that can be wagered on games, and some casinos may allow withdrawals of this cash. Of course, this all varies between online casinos, and there's no real way to set a common standard. Some casinos will allow points to be converted once a customer has accrued 500, while others may require more points to be earned first, such as 1000. Regardless of the required milestones, however, the cashback loyalty bonus is an effective way for customers to be rewarded for their commitment to one casino by giving out real cash.
Calendar Rewards: Again, this is a common reward that is offered to players who stick around, and it can be a fun way of being rewarded for loyalty. Calendar rewards vary significantly between casinos, but they can consist of monthly tournaments with appealing prizes for winners as well as free spins that can only be obtained by regular players. For instance, loyal players may be rewarded with free spins or other bonuses for logging into their account and playing on the exciting games available at certain times over a specific period, such as daily, weekly or monthly. This is why they are calendar rewards; they typically depend on players taking the plunge and returning to a casino on certain days in order to avail of the bonuses offered.
Tiered Bonuses: Finally, let's turn attention to the pinnacle of loyalty programs that is the tiered bonus. A tiered program for loyalty bonuses will depend upon players achieving certain ranks, with the rewards available getting better as the players climb up. See this kind of loyalty reward as a VIP program, with customers often being ranked into Bronze, Silver, and Gold categories. In order to reach the highest tier and reap the most rewards, a player will have to be serious and play at the casino consistently. Some casinos will allow customers in these programs to buy and sell points between one another, and others will give players prizes for the points they've managed to earn over a set period of time.