Core difference
Cashback or rebate
Calculated from eligible activity or loss under a stated period and formula.
Deposit bonus
Calculated from a qualifying deposit, usually up to a cap.
Timing
Deposit bonuses are commonly linked to a funding event. Cashback is commonly calculated after an eligible activity period. Exact schedules vary.
Conditions to compare
- Eligibility
- Calculation base
- Maximum credit
- Wagering or conversion rules
- Eligible games
- Expiry
- Withdrawal restrictions
Why headline percentages mislead
Percentages can use different bases and caps. Two matching headline numbers may produce different promotional credit and obligations.