£5 Deposit Bingo Sites
£5 minimum deposit bingo sites are a great way to get a feel of a site without committing too much of your own cash. Check out our selection of UK regulated five-pound deposit bingo sites.
Top £5 Deposit Bingo Sites
Last Updated on June 18, 2020 by Lillian Grey
There’s nothing worse than joining a new bingo site, only to realize that you are required to make a huge deposit. This is especially the case if you want to test the platform out first before making a larger deposit.
With that in mind, it’s best to use 5 minimum deposit bingo sites. In this article, we explore how £5 deposit bingo sites work, how you can find one, and whether or not you will still be eligible for a games bonus.
- What are £5 deposit bingo sites?
- Why are bingo sites 5 pound deposit so popular?
- What are no deposit bingo sites?
- £5 bingo deposit methods
- Can you win real cash at £5 bingo sites?
- What to look for in a £5 deposit bingo site?
- Bonuses at online bingo 5 deposit sites
- Regulated Bingo Sites Only
- What about £5 deposit slots?
- ID Documents at a £5 bingo site
- Frequently Asked Questions
What are £5 deposit bingo sites?
As the name suggests, a £5 deposit bingo site is merely an online bingo platform that allows you to get started with £5. In other words, when it comes to funding your account, the bingo site will allow you to do this from just £5. You can, of course, deposit much more than this if you want to.
Why are bingo sites 5 pound deposit so popular?
£5 bingo deposit sites are popular for a number of reasons. First and foremost, lots of online bingo sites will ask for a deposit of at least £10. While this might be fine for the vast majority of players, some of you might want to start off with a smaller amount.
Online bingo 5 pound deposit sites also allow you to test the platform out without risking too much money. This is especially the case if the bingo site was only recently launched. By depositing just £5, this is the most that you are risking. In other words, if it turns out that the bingo site does not meet your expectations, it has only cost you £5.
There might also come a time where you simply don’t have enough money in your bank account to cover a larger deposit. If this is the case - then a £5 deposit bingo site is likely to suffice.
What are no deposit bingo sites?
The term ‘No deposit bingo site’ refers to an online bingo platform that offers a no deposit bonus. For those unaware, this is a bonus offered to new players that do not require a deposit. Instead, you simply need to open an account and the bonus will be awarded instantly.
With that said, a no deposit bingo site can also be a £5 deposit bingo site. This is because the bingo site might offer a no deposit bonus, and allow you to deposit real-world funds from just £5!
£5 bingo deposit methods
When it comes to the funding process, some methods are better than others when using a £5 bingo site. Let’s start with the one method that you probably shouldn’t use - a credit card.
The reason for this is that credit card companies often view gambling transactions as a cash advance. Not only does this mean that you will be charged interest from day one - but you will also need to pay a cash advance fee. Although this is a variable fee, minimums typically sit within the £3-5 range.
As such, if you deposit £5 with your credit card, it could end up costing you an additional £5 in fees.
With this in mind, we would suggest using a debit card, or an e-wallet like Paypal. Both deposit methods are instant and free.
Can you win real cash at £5 bingo sites?
You certainly can. After all, you will be risking your own money! As such, any winnings that you make from your bingo endeavours will be paid out in real world cash.
What to look for in a £5 deposit bingo site?
If you are looking to use a £5 deposit bingo site, then there are few things that you need to look out for prior to signing up.
Deposit and withdrawal fees
If you find a £5 bingo site that charges fees to deposit funds - avoid it all costs. For example, let’s say that the bingo site charges a £1.50 deposit fee every time you use your card. Sure, you could just about swallow this when depositing large amounts - but, on a £5 deposit, this is going to leave you with just £3.50. At the other end of the spectrum, you should also check to see whether the bingo site charges a withdrawal fee.
Picture the scene - you find an online bingo site that allows you to deposit with just £5 - and the site doesn’t charge any deposit fees. Great! But, you then realize that the £5 deposit bingo site has a minimum withdrawal policy of £30.
This means that you will need to win six times your real money balance just to be able to make a cashout. We think that practices like this are somewhat shady, so avoid the bingo site if the minimum withdrawal amount is too high!
You also need to ensure that your preferred payment method is supported. As we briefly noted earlier, the best way to get funds into low deposit bingo sites is to use a debit card or e-wallet. In doing so, you can be 100% sure that you won’t be charged by the payment issuer!
Gaming suite and traffic
Once you have covered the fundamentals, you then need to explore the gaming suite. After all, that is the main purpose of finding a £5 deposit bingo site. In particular, explore what player traffic is at the platform during peak times. In an ideal world, you will be using bingo sites with heaps of registered members.
Bonuses at online bingo 5 deposit sites
We get a lot of questions from our readers regarding bonuses at 5 bingo sites. Crucially, what people want to know is whether or not you will be eligible for a signup bonus when you deposit just £5. The best answer that we can give you is that it depends on the bingo site.
We are aware of plenty of £5 deposit bingo sites that offer welcome packages. This comes in a range of shapes and sizes - such as free bingo tickets, bonus funds, free spins, or a more traditional matched deposit bonus. The most important entry within the bonus terms and conditions that you need to look out for is with respect to the minimum deposit amount.
For example, let’s say that you come across a bingo site that offers a 100% matched deposit bonus of upto £50. While we know that the maximum bonus amount is £50, offers rarely display the minimum deposit required to qualify. As such, you might need to check the terms of the offer. If the offer states a minimum deposit of more than £5, then you will need to deposit more than you had originally intended!
Nevertheless, some of the best bonuses that we have come across at £5 sites are listed below:
- Deposit 5 get 25 free bet
- Gala Bingo 5 pound deposit
- Deposit £5 play with 80 slots
- 5 deposit bingo Virtue Fusion
Regulated Bingo Sites Only
It is important to remember that you should only use an online bingo platform that is regulated by the Gambling Commission. Whether it's slots, casino games, poker, sports betting or 90-ball bingo - all gambling platforms that wish to service UK players must hold a license with the Commission.
With that in mind, if you come across any 5 pound bingo sites that operate without the required regulatory license - avoid them.
What about £5 deposit slots?
We typically recommend £5 deposit bingo sites that also offer side games. This means that alongside traditional bingo games, you will often have access to a number of slot games.
Ultimately, if the bingo site allows you to make a minimum deposit of £5 - you can use that £5 on any game of your choosing. For example, while you can mix the £5 balance between slots and bingo, you can just as easily spend the whole £5 on slots. It’s entirely up to you!
ID Documents at a £5 bingo site
The purpose of requesting verification documents from online bingo players is to ensure the platform complies with anti-money laundering (AML) regulations. On the one hand, it is true that a £5 deposit is not in any way going to flag up a potential breach of AML controls.
On the other hand, the rules must remain constant regardless of how much is being deposited. That is to say, all £5 deposit bingo sites must identify their players within 72 hours of opening the account or when the first withdrawal is made - whichever comes first!