Get 2% cash back for 6 months on debit card purchases!

PerkStreet Financial offers debit card rewards unheard of until now: 2% cash back for the first 6 months, 1% thereafter (more than most credit cards offer!). There is absolutely no cap on the rewards you can earn and no annual fee.

PerkStreet Financial is a FREE online checking account. To get 2% cash back for six months (180 days), just open a checking account online with at least $25. The six month period will begin once your account has been opened. You’ll earn cash back on all non-PIN debit card purchases. After the six month period, you’ll earn 1 % Cash Back on all non-PIN debit card purchases.

When signing up for the PerkStreet Financial Visa® Debit Card, customers also receive:

Free coffee, music and more
No cap on the amount of perks you can earn
Nation’s largest surcharge-free ATM network
No minimum balance requirement
No monthly fees when you use your account
Free online banking and bill pay
Deposits are FDIC insured up to $250,000 and protected from fraud by the Visa Zero Liability policy

More Free ATMs

PerkStreet gives you access to the largest surcharge-free ATM network in the country (STARsf®) whci are located in the places you already go – like CVS Pharmacy, Walgreen’s, Target and 7-Eleven. These ATMs aren’t branded PerkStreet but they are completely free to PerkStreet customers. Some banks reimburse you for ATMs but you’ll owe taxes on that ‘income’.

Earning Perks

You earn perks by making non-PIN purchases with the PerkStreet Financial Visa Debit Card. This is standard for debit cards rewards programs. Effectively whenever a cardholder makes a purchase with their debit card without entering their PIN they will earn perks on that purchase. The following is a list of non-PIN transactions:

Any purchase that you sign for
Any purchase where you swipe your debit card and do not enter your PIN
Purchases made on the internet
Phone and mail order purchases

PerkStreet’s perks program offers 10 times more rewards than other debit cards offer. The average debit card offers .04% rewards vs. PerkStreet at 1%. 17% of debit cards offer rewards (Source: BAI/HItachi 2008 Study of Consumer Payment Preferences). Of debit cards that offer rewards, the average value provided is 0.23% of spending (Source: Survey of the top 10 bank holding companies by total domestic deposits, as ranked by the FDIC). The resultant value provided by the average debit card is 0.04% of spending compared to PerkStreet at 1%.