Bonus loyalty schemes are designed to reward players who visit bingo sites frequently and make regular deposits. There are two main ways they work, but the general idea behind them is that the more you deposit, the more rewards you can look forward to receiving.
Do points mean prizes?
There’s a difference between loyalty points and loyalty schemes. Loyalty points are simply points that are credited to your account every time you make a deposit. Buy tickets for a bingo game and you’ll earn more points. You should know that loyalty points can also be called comp points; some sites even make up their own names for them.Usually you’ll get one point for every 10p ticket you buy. Loyalty points do have a cash value, though a lot of the times each point is worth £0.001. You’d therefore have to earn 1,000 points to get £1 in credit.
Loyalty schemes
Loyalty schemes are designed to reward you depending on how much money you’ve spent on the site and how many deposits you’ve made over the past few months. These schemes are offered by quite a lot of bingo sites and are there to offer extra rewards and benefits to regular players. They’re sometimes referred to as VIP schemes. Loyalty schemes usually have three levels – bronze, silver and gold – though many sites have schemes with four or even five levels. A lot of sites will automatically place you on the first level of the scheme when you join the site, so everyone’s part of the loyalty scheme. Your account is usually reviewed every month or so to see whether you are eligible to progress to the next level of the scheme or not.
Tiered rewards
Bingo sites offer full information on the various rewards and benefits that each level of the loyalty scheme offers. As you make your way up the loyalty scheme levels you can look forward to receiving more deposit bonuses. Most sites will offer a more generous loyalty point conversion rate for players on higher levels, so instead of £1 for every 1,000 points, you might get £1.50 for every 1,000 points earned, for example. Make it to the highest levels and you might find yourself eligible for some rather unique and very enticing rewards, such as birthday bonuses, account managers, trips out, spa days and more. Loyalty schemes are designed to encourage you to play so you can work your way up the system and earn better rewards. Bingo sites use loyalty schemes as a way to try to keep you on their site as a regular and not use other sites. Because of the many rewards loyalty schemes offer, it’s a good idea to find a website and stick to it so you can earn rewards, rather than playing on loads of different sites.
Look out for the terms and conditions
Make sure you’re fully aware of what the terms and conditions of loyalty schemes are. A lot of sites offer player credit as part of the loyalty scheme, though some sites offer cash that you can actually withdraw, so it’s important to check the terms and conditions to see whether you can withdraw your rewards or not. The terms and conditions are usually very easy to understand and the full details of the loyalty scheme are very simply explained on the website, so you’ll have no problems working out what rewards you’re entitled to and what you have to do to reach the next level of the scheme.