That's what the average American family would earn if they used their PerkStreet FinancialSM Visa® Debit Card to shop and pay bills.
You won't find a bank with more debit card rewards and there is no limit to what you can earn.
No other bank gives you more free ATMs than we do. See the proof.
![]()
". . .One of the richest checking accounts in the land."
![]()
"Providing free access to thousands of ATMs."
![]()
"The market seems right for a focused debit-card-rewards provider."
![]()
"Robust online banking... very simple and user friendly."
Sam, Framingham, MA
![]()
"I like that there are no hidden fees or charges."
Andrew, San Francisco, CA
![]()
"I love earning free music just for spending money I normally would!"
Alexei, Boston, MA
The cost of branches
It used to be that people chose banks based on location. But today, with
the profusion of ATMs, online banking and online bill payment, being able
to go into a branch just isn’t as important. Many people consider it a
hassle to travel to a branch just to wait in line.
Ron Lieber had a great article in the New York Times today about when it makes sense to switch banks and why bank branches are essentially irrelevant today. The only thing branches really offer is peace of mind, but it comes at a high price.
Shop anywhere and earn free perks. Redeem your perks anytime to get gift cards to shop at the stores you love. Check out the perks.
Member FDIC
Banking services provided by
The Bancorp Bank, FDIC insured.
Open your account online and fund the account with $25 or more. When your Current Account Balance at the start of the day is $5,000 or more, you'll earn 2% cash back for all non-PIN debit card purchases you make on that day. When your Current Account Balance at the start of the day is less than $5,000, you'll earn 1% cash back on all non-PIN debit card purchases you make on that day. To determine your starting Current Account Balance, we use your closing balance after all settled transactions from the previous business day. Pending purchases and transactions are not included in your Current Account Balance. You will earn 2% cash back on non-PIN debit card purchases no matter what your balance is for the first 3 months, starting on the day that your account is opened. A month is defined as a 30 day period - not a calendar month. There is no limit to the total amount you can earn.
In addition, you will earn up to 5% cash back when shopping at certain retailers. We will announce the retailers and associated time periods for earning up to 5% cash back at those retailers via Twitter (@perkstreet), our Facebook page or other company communications.
If you choose to earn coffee or music instead of cash back, you'll earn:
You may switch perks programs at any time with no penalty.
Any goods or services purchased with your PerkStreet card that are returned or otherwise credited to your account will not earn perks.
Purchases of currency, cash or cash equivalents also will not earn perks and includes, without limitation, currency from the U.S. Mint, travelers cheques, gift cards, prepaid debit cards or other cash equivalents. PerkStreet may require you to provide documentation to validate that purchases qualify to earn perks.
PerkStreet FinancialSM reserves the right to exclude purchases that we determine are not made for your personal, family or household purposes or are not made with the good faith intention of your consuming the item purchased.
Existing customers have been upgraded via email and now earn 2% cash back on non-PIN debit card purchases they make on days where their starting Current Account Balance is $5,000 or more.
This offer and the calculation of perks are subject to the terms and conditions of your perks account. We may modify or cancel this offer at any time. This offer expires September 15, 2010.
Making $601 in weekly non-PIN purchases will earn you $625 in perks annually (when you maintain a balance of $5,000). According to the U.S. Bureau of Labor Statistics, the average American household spends $601 per week on purchases that could be put on a debit card, including stuff like utility bills or rent.
* 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% cash back with no minimum Current Account Balance requirement and 2% cash back with an Current Account Balance of $5,000 or more.
**The Visa Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit www.visa.com/security.
The merchants represented are not sponsors of PerkStreet perks, or otherwise affiliated with PerkStreet Financial, Inc. The logos and other identifying marks are trademarks of and owned by each represented company and/or its affiliates. Used under license. Please visit each company's website for additional terms and conditions of use.
The Bullseye Design and Target are registered trademarks and Target GiftCard is a service mark of Target Brands, Inc. All rights reserved. Terms and conditions are applied to GiftCards. Target is not a participating partner in or sponsor of this offer.
The PerkStreet FinancialSM Visa® Debit Card is issued by The Bancorp Bank
pursuant to a license from Visa U.S.A. Inc.
© 2010 PerkStreet Financial, Inc. All rights reserved
Special Offer! Earn up to 5% cash back.
Here's what you need to know:
You'll get up to 5% cash back when you make non-PIN purchases in popular categories. Each month we'll announce these categories at http://blog.perkstreet.com and via our Facebook and Twitter pages.
Plus you'll get:
2% cash back on all other non-PIN purchases on days when your Current Account Balance is $5,000 or more.
or
1% cash back on all other non PIN purchases on days when your Current Account Balance is less than $5,000.
You won't find a bank that gives its customers more debit card rewards than PerkStreet.
Open your account online and fund the account with $25 or more. When your Current Account Balance at the start of the day is $5,000 or more, you'll earn 2% cash back for all non-PIN debit card purchases you make on that day. When your Current Account Balance at the start of the day is less than $5,000, you'll earn 1% cash back on all non-PIN debit card purchases you make on that day. To determine your starting Current Account Balance, we use your closing balance after all settled transactions from the previous business day. Pending purchases and transactions are not included in your Current Account Balance. You will earn 2% cash back on non-PIN debit card purchases no matter what your balance is for the first 3 months, starting on the day that your account is opened. A month is defined as a 30 day period - not a calendar month. There is no limit to the total amount you can earn.
In addition, you will earn up to 5% cash back when shopping at certain retailers. We will announce the retailers and associated time periods for earning up to 5% cash back at those retailers via Twitter (@perkstreet), our Facebook page or other company communications.
If you choose to earn coffee or music instead of cash back, you'll earn:
You may switch perks programs at any time with no penalty.
Any goods or services purchased with your PerkStreet card that are returned or otherwise credited to your account will not earn perks.
Purchases of currency, cash or cash equivalents also will not earn perks and includes, without limitation, currency from the U.S. Mint, travelers cheques, gift cards, prepaid debit cards or other cash equivalents. PerkStreet may require you to provide documentation to validate that purchases qualify to earn perks.
PerkStreet FinancialSM reserves the right to exclude purchases that we determine are not made for your personal, family or household purposes or are not made with the good faith intention of your consuming the item purchased.
Existing customers have been upgraded via email and now earn 2% cash back on non-PIN debit card purchases they make on days where their starting Current Account Balance is $5,000 or more.
This offer and the calculation of perks are subject to the terms and conditions of your perks account. We may modify or cancel this offer at any time. This offer expires September 15, 2010.
The PerkStreet FinancialSM Visa® Debit Card is issued by
The Bancorp Bank pursuant to a license from Visa U.S.A. Inc.
© 2010 PerkStreet Financial, Inc. All rights reserved