PerkStreet Financial Review – 2% Cash Back Debit Card with Free Checking
It”s tough these days to get a debit card with decent cash back. Many credit cards have great cash back reward programs but try to find that in a debit card. I try to avoid using a credit card usually. I would like to find a debit card that will satisfy the reward need. I have discovered that PerkStreet Financial can do just that.
How Does it Work?
You apply online and setup an initial transfer of funds from your bank account or credit card. Within a 2 weeks you receive your checks and ATM card. You can withdraw money at ATM’s and write checks. To deposit money you can use the U.S. mail with free postage paid envelopes or use free overnight delivery by UPS Stores. You can also deposit funds electronically thorough direct deposit or online transfers. Also you can even deposit cash at 18,000 Moneygram ExpressPayment locations free of charge.
Do They Have ATM’s?
PerkStreet has a network of over 37,000 ATM’s. They have an online ATM locator. I found within a five mile radius of my home are 28 ATM’s. They are located in Walgreens, Winn Dixies, 7-elevens or gas stations. I know these location and they are safe and most are open 24-hours a day. Compared to my bank that has only 4 ATM’s within 5 miles.Who Is PerkStreet Financial For?
- People who like to pay for things with a debit card
- They want to get the most rewards from a debit card
- They prefer to bank online and the phone
- They don’t have the need to go to a brick and mortar building
- They want the most free ATM’s
What Are The Rewards?
- 1% unlimited cash back for all non-PIN debit card purchases
- 2% cash back on online purchases at: Amazon.com®, iTunes®, Target.com, Apple.com, Walmart.com and Bestbuy.com. Online purchase bonus perks limited to $2,500 in spend every calendar year.
- 2% cash back in-store, when you have a Current Account Balance of $5,000 or more at: Walmart, Target®, Best Buy® & Apple® stores. Offline purchase bonus perks limited to $2,500 in spend every calendar year.
- 2% unlimited cash back when you and a friend use your cards together at the same restaurant, bar or coffee shop. Transactions must occur within 60 minutes of each other to qualify.
- 5% cash back on special categories and merchants we announce every month via Twitter (@perkstreet), our Facebook page or other company communications. PowerPerks bonus perks limited to $5,000 in spend every calendar year.
Because they spend no money maintaining physical branches they can pass the savings on to their customers. With no company owned ATM’s they save even more money. Without spending money on buildings, large advertising campaigns and
Any Negatives?
If your account is inactive for 1 month there is a $4.50 charge per month. The normal fees if you are over drawn or a returned item are the industry standard
Remember PerkStreet Financial accounts are FDIC insured up to $250,000 through Bancorp Bank, it’s banking service provider.
How do I Contact PerkStreet Financial?
Email: support@myperkstreet.com
Telephone: 866.792.2834
Website: www.perkstreet.com
U.S. Mail: Customer Service Center
409 Silverside Road
Suite 105
Wilmington, DE 19809
Improve your financial life with the PerkStreet FinancialSM Debit MasterCard®. Save money, have fun and stay on budget with the only unlimited 2% cash back debit card. Don’t miss out. Sign up today.
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Category: Banking
