5% Cash Back Debit Card at PerkStreet
Is it actually possible to earn cash back on a debit card? With PerkStreet it is. Is it possible to earn up to as much as 5% cash back on your purchases? Yes. I wasn’t so sure about this deal so I decided to look into it for your benefit.
Why does PerkStreet give cash back?
I’m naturally a very skeptical dude. I usually follow the mantra that, “if it sounds too good to be true, then it usually is.” This is why I did my research here. According to their website, they don’t waste the money of their customers. Looking into more detail, PerkStreet points out something else:
“In addition to more than $600 in cash back, we can provide the average family the most free ATMs in the country — 42,000 of them.”
The $600 cash back figure comes from the average amount of money that a family will spend on groceries, utilities and other bills that could be automated to a credit card. Not a bad deal if you asked me.
Where do you get 5% cash back with PerkStreet?
Naturally there’s a bit of a catch. You don’t always get the 5% cask back offer. Every month there are certain categories where PerkStreet offers you 5% cash back. For the month of November of 2011 these categories are:
Local Bakeries, Movie Theatres, Netflix®, Hulu®, and BlockbusterTM.
Where do you get 2% cash back with PerkStreet?
On every single purchase that you make, if you have an average daily balance of $5,000. That’s 2% back for every purchase that you make. Sounds pretty sweet.
You can sign up for this account right now.