What Is a Third Deposit Bonus?

If you're still seeing bonuses after two deposits, congratulations—you've landed at a casino that really wants to keep you happy. A Third Deposit Bonus is the final stretch in some casinos' extended welcome packages, giving players one more round of extra funds or free spins to keep the action going.

It’s less common than the first and second deposit offers, which is why it’s a standout feature when you do find it. Not every casino includes a third deposit bonus, but those that do are often more generous or focused on player loyalty.

Who Can Claim It?

Like the earlier deposit bonuses, the third deposit bonus is for new players who have already completed their first and second deposits and claimed those respective bonuses. You’re eligible if:

• You’ve completed the first two deposits and claimed their offers
• You’re still within the promotion period (usually 7 to 30 days after sign-up)
• You make the qualifying third deposit, usually with a minimum of $10–$20
• You enter a promo code (if required) or accept the bonus during deposit

This is often the last bonus in a three-part welcome package, so it’s worth taking advantage of before moving on to reloads or loyalty perks.

What’s in the Bonus?

Third deposit bonuses vary, but they often follow a similar format to the previous ones. Here's what you might find:

• Match Bonuses of 25%–100% on your third deposit
• Free Spins on specific slot games
• Wagering Requirements ranging from 30x to 50x the bonus
• Time Limits to claim or use the bonus (usually within 7 days)
• Game Restrictions, just like the first two bonuses

Because this is a later-stage offer, the match percentage might be lower—but the value can still be solid, especially when combined with the previous two.

Why Do Some Casinos Offer It?

Not all casinos offer third deposit bonuses, which makes them feel like a loyalty reward hidden in plain sight. It’s a way to extend the excitement of the welcome experience and increase the chances of turning a new player into a long-term regular.
From the casino’s perspective, it keeps players engaged during the critical early days and encourages more deposits with the promise of continued value. For players, it’s one more chance to boost your balance with minimal risk.

First, Second, or Third—How Do They Compare?

In the world of welcome bonuses, the first deposit bonus is usually the biggest and boldest. The second deposit bonus is a solid follow-up to keep the momentum going. The third deposit bonus, when offered, is more of a cherry on top—a smaller, but still valuable incentive for those sticking around.

The combination of all three bonuses can make for a powerful entry package, especially for players who plan to make multiple deposits early on.

Comparing Casinos That Offer 1st, 2nd, and 3rd Deposit Bonuses

Not all casinos go beyond the first deposit bonus, so when you find a site offering a full 1st, 2nd, and 3rd deposit welcome package, it’s usually a sign of a player-focused brand that values long-term engagement. These multi-tiered offers are great for players planning to stick around and gradually build their balance over several sessions. While some casinos front load their generosity into a single large welcome bonus, others spread it out—giving you more chances to claim value and more time to explore the platform. At CheetahBonus, we love highlighting these extended packages because they offer smart players a more balanced, rewarding start.

Pros and Cons

Pros

• A rare bonus that adds extra value
• Keeps the welcome package going strong
• Great for players planning to deposit multiple times
• Can include spins and match bonuses

Cons

• Not available at all casinos
• Usually smaller than first and second bonuses
• Still comes with wagering requirements and restrictions
• Time-sensitive—easy to miss if you're not watching

Final Thoughts: Is It Worth It?

Yes—if your casino offers it, don’t skip it. A third deposit bonus might not be as flashy, but it’s a sign that the casino is thinking long-term and rewarding consistent engagement. For players who are planning to stick around and play a few sessions, grabbing that third deposit bonus is a no-brainer.

At CheetahBonus, we always highlight multi-tier welcome packages because they give you more value over time—not just up front. So if you're in it for more than a quick spin, a third deposit bonus is a smart way to keep the fun (and the funds) flowing.