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2% cash back on purchases with PerkStreet online checking!

February 17th, 2010 Posted in Checking Accounts

Here is a fantastic offer for an online checking account from PerkStreet Financial.

Additional Reading: Read our full review of Perkstreet’s checking account. By maximizing your cash back rewards consumers can net $600/year in cash back from their debit card!

As of today, PerkStreet is offering customer a whopping 2% cash back for the first 3 months. After the 3 months, you will earn 2% cash back on every non-PIN purchase when your balance is $5,000 or more or earn 1% cash back for balances below $5,000. We are used to seeing similar cash back reward structures with credit cards, however, rarely do we see these sort of rewards with an online checking account.

The “Need” behind PerkStreet Financial:

We (PerkStreet Financial) couldn’t help noticing that millions of Americans were getting very little from their banks:

  • Spending responsibly using a debit card meant missing out on great rewards
  • Calling your bank for help often meant getting stuck on hold
  • Finding the nearest free ATM sometimes didn’t seem worth the trouble
  • Asking simple questions didn’t always lead to clear answers

Who they Serve:

  • people who manage their money responsibly, and want to get rewarded for it – not for getting into debt.
  • people who prefer to bank using their computers, ATMs and phones – not branches.
  • people who believe that positive change in banking can happen and choose to be a part of it.

Complete List of Features and Rewards Associated with this Account:

  • The debit card that helps you get debt free
  • A free online checking account with the most debit card rewards in America
  • No cap on the amount of rewards you can earn – with no annual fee
  • 37,000 free ATMs nationwide – no bank gives you more free ATMs than PerkStreet
  • Fast live phone service, 24/7
  • No minimum balance requirement
  • No monthly fees when you use your account
  • Easy and fast online account sign up, with just a $25 opening deposit
  • Free online banking and bill pay
  • FDIC-insured deposits, up to $250,000
  • Funds are protected from fraud by the Visa Zero Liability policy


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2 Responses to “2% cash back on purchases with PerkStreet online checking!”

  1. Zach Says:

    Does the $50 sign up bonus still come with the account??



  2. Nathan Says:

    2% cash back is better than a $50 bonus IMHO. If you spend $1,000 a month with this card for the first 6 months you will get $20 cash back every month… or a $120 bonus, if you want to look at it that way.



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