Evaluation: PerkStreet Financial’s Debit MasterCard

PerkStreet Financial has been getting a lot of buzz lately because of its attractive rewards checking account, which gets even better when you use the linked debit MasterCard. PerkStreet offers a free online checking account with appealing rewards. You can choose rewards like coffee, music, cash, or redeem them for gift cards from various vendors. Plus, PerkStreet gives you access to a large network of ATMs without extra fees and includes free online bill payment. If your checking account balance is over $5,000, you can earn 2%, and even if it’s below that, you still earn 1%. This account is quite generous in terms of interest.

Other perks of the PerkStreet checking account include a free checkbook, electronic funds transfer, 24/7 customer support, and FDIC insurance to keep your money safe.

To boost your rewards, you can use the PerkStreet Financial Debit MasterCard. Right now, PerkStreet has a special offer with 5% cashback on certain categories and 2% on regular purchases. Just make sure to avoid PIN transactions—opt for credit instead of debit, though the money will still come from your account.

PerkStreet thinks the average household could earn around $600 in rewards yearly, but there’s no limit to what you can earn with the PerkStreet Debit MasterCard. By using this card wisely, you can enhance your savings and improve your financial health. It’s smart to plan your spending to maximize rewards, especially during the 5% cashback times.

Another plus is that the PerkStreet Financial Debit MasterCard doesn’t charge an annual fee, unlike many other rewards debit cards, so your rewards won’t be reduced by fees.

If you’re on the hunt for a new checking account, consider PerkStreet Financial. It offers a wide range of benefits without big costs, and the Debit MasterCard that comes with it has tempting terms and rewards.