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What is a $5 No Deposit Bonus?

A 5 NZD no deposit bonus is a type of welcome bonus. Other types include free spins no deposit bonuses, and deposit welcome bonuses. A free (no deposit) cash bonus is unlike the free spins deposit bonuses because instead of spins, it gives you bonus money to play with. Neither is it like the deposit bonus, because the no deposit bonus, as the name suggests, doesn’t require you to deposit any money, whereas the deposit bonus does.

5 NZD no deposit bonuses are often offered by the low deposit casinos listed at Kiwislots.

Free cash on deposit bonuses can be advertised with slightly different wording. For example, one might be advertised as a 5 NZD no deposit bonus, while another might be worded, ‘5 NZD free on sign-up’ or ‘5 NZD free on registration’. In effect, they all mean the same thing, and that is that you are awarded 5 NZD for free. 

Why Claim a New Zealand Online Casino 5 NZD No Deposit Bonus?

Claiming a 5 NZD no deposit bonus is an excellent way for newbies to try out online gambling for free and get a chance to win real money. It’s also a useful device that many experienced players take advantage of to play a slot they haven’t played before for free, knowing that there is a chance of winning real money. It beats playing free demo slots on which you only win pretend money.

$5 Free Chip No Deposit Bonus NZ

Where to Look for a 5 NZD No Deposit Bonus

There are many places where no deposit bonuses can be found, but not all are 100% safe. That’s why I recommend that Kiwis should only use Kiwislots. Whereas I cannot vouch for other sources as being 100% safe, I can vouchsafe Kiwislots. In fact, it’s me, personally, who has checked all of the sites, including the live dealer casinos and mobile casinos, and the bonuses they offer.

How to Claim a 5 NZD No Deposit Bonus 

Whether the bonus you choose is automatic or comes with a promo code, at Kiwislots, the claiming process starts in exactly the same way. Simply click on the ‘CLAIM BONUS’ button. If it’s one of the deals with promo codes at Kiwislots, I recommend you make a separate note of the code as you might need it during the sign-up process.

What Slots Can you Play with a 5 NZD No Deposit Bonus?

Depending on which 5 NZD no deposit bonus you choose, you can get anywhere from 50 to 500 spins. The games you can use the spins on vary from deal to deal. You might for example, come across a no deposit 5 NZD bonus for games like:

  • Mummy’s Gold by BGaming – an ancient Egyptian-themed 5×3 slot with 15 paylines. The gameplay allows you to venture into the depths of the Mummy’s tomb in search of a fortune buried in time. It’s a low-volatility slot, which is ideal for this type of bonus. The game has an RTP of 96.96%.
  • Fruit Zen by Betsoft – an Asian themed 5×3 fruit machine with 10 paylines. The Japanese-style graphics set against a background of calming waters has been designed to soothe the spirit as you spin the reels. This medium volatility slot has an RTP of 95.95%
  • Starburst by NetEnt – reputedly the most popular slot of all time. Starburst is a fast-paced, high-energy space-themed slot with expanding wilds. It’s been captivating newbies and experienced pros ever since it was first launched back in 2012. Starburst is a low-volatility game with an RTP of 96.1%.

Low volatility slots are preferable when searching for 5 NZD no deposit bonuses that translate into lower numbers of free spins, because low volatility games payout more regularly. 

Although you can win more money with high volatility slots that pay out less regularly, Because payouts are less regular, you could miss out altogether. Also, you have to bear withdrawal caps in mind. For example, if you were lucky enough to win 500 NZD, you might only be able to withdraw 50 NZD or 100 NZD depending on the bonus offer’s terms and conditions.

Terms and Conditions

Every online casino bonus has specific terms and conditions attached to the deal. In addition to caps on withdrawal amounts, they specify a number of restrictions and rules, such as:

  • A restriction on the number of games you can use the bonus on.
  • A restriction on the size of bet you can wager per spin.
  • Wagering requirements.
  • The time allowed to play through the bonus. If you go beyond the specified duration, your winnings and any remaining portion of the bonus will be lost.
  • The time limit on completing wagering requirements. Again, if you haven’t completed wagering within the time allowed, you forfeit your winnings.

I always recommend that Kiwis read the terms and conditions of bonus offers before claiming the deal.

Registering a New Player Account to Claim a $5 Signup Bonus

Because a 5 NZD no deposit bonus is invariably a welcome bonus, it’s only open to new players who have not previously signed up with the casino offering the deal, so you’ll need to create a player account. It’s not as bad as it sounds. It usually takes less than 2 minutes, even less on some of the new casino sites listed at Kiwislots that operate with a minimal sign-up procedure.

Minimal sign-up procedure casinos only require your name and mobile number whereas online casinos that operate a KYC policy will require you to enter your name, age, gender, postal address, email address, and mobile phone number.

All online casinos reserve the right to ask you to verify your identity on your first withdrawal or when you withdraw large sums of money. So, even if you signed up with a minimal sign-up procedure casino to claim your 5 NZD no deposit bonus, you will eventually end up having to supply them with more personal details in order to withdraw any winnings.

Choosing a payment method when claiming your 5 NZD No Deposit Bonus

You will also be required to nominate your preferred payment method. When you do so, I advise you to pick a method that can be used for both depositing and withdrawing. Using the same payment method saves time when withdrawing.

Although you will not be depositing any money to redeem your bonus, if you’re lucky enough to win some money with your bonus cash, the casino will need to know which payment method to use to send you your cash. In terms of both speed and safety, crypto and eWallets are the best choices, but when claiming a 5 NZD no deposit welcome bonus, some payment methods might not be accepted.

Once you’ve completed the sign-up procedure, if the casino in question sends you a verification link, you’ll need to click on it to finalise your new account. You can then login, and when you do so, you should find your bonus cash already credited to your new player account.

I Won Money with my Bonus – What Next?

Congratulations. You’ve won some money with your bonus. Now, how do you get your hands on it? 

Well, hopefully you read the terms and conditions as I recommended before you redeemed your 5 NZD no deposit bonus, you’ve met all the requirements regarding withdrawing your winnings, and you’re ready to go ahead. All you have to do is work your way to the casino’s cashier page, select the ‘withdraw’ option, enter in the amount you want to withdraw and the payment method you want to use and click ‘confirm’. 

Frequently Asked Questions

Are 5 NZD no deposit bonuses worth claiming?

Yes, very much so. You can play anywhere between 50 and 500 spins with a 5 NZD no deposit welcome bonus. They are an excellent way of introducing yourself to the online gambling scene in New Zealand, or, if you’re already an experienced hand, they are a very useful way of trying out new games and new platforms at no cost.

Can I win real money with a 5 NZD no deposits bonus?

Yes, you can. Many Kiwis have won real money and continue to do so with 5 NZD no deposit bonuses. Just be sure to read the bonus offer’s terms and conditions so that you’re aware of any restrictions regarding the amount of bonus winnings you’re able to withdraw.

Which is better: playing free slots or claiming five 5 NZD no-deposit bonus deals?

Playing free slots in demo mode is a useful way of familiarising yourself with a slot, its features, and its gameplay. However, you can only win fun money, not real cash. To be in with a chance of winning real money at no cost, a 5 NZD no deposit bonus is the way to go.

I don’t like wagering requirements. Are there such things as no wagering bonuses?

Yes, there are, and you’ll find them listed at Kiwislots. But, because there are no wagering deals, you might find the amount of money you can win is smaller.

Do 5 NZD no deposit bonus deals offer free spins?

No, not ordinarily. These types of bonuses offer either bonus cash or free spins, not both. However, the slots you can play with a five NZD no deposit bonus usually have free spins features in their gameplay.

Author: . Erik King is a widely recognized online casino expert and author on Kiwislots.nz.