If you want to make the most out of your money then a Rewards Checking Account is a must! A Rewards Checking Account has many benefits including earning rewards credit so you can make eve more purchases.
Unlike a credit card, you are not racking up debt to earn those precious points. Rather, you are accruing cash back by spending what you have on your debit card. You won’t have to pay interest on your debit card so it’s less risk for easier rewards. Most financial institutions offer no monthly fees so you can rest easy knowing you money is safe in your pockets where it belong.
Rewards Checking Account is definitely a great alternative to those that want to reap the benefits of a credit card without some of the downfall.
See our best bank bonuses updated daily to earn up to $1,000 in free money. Find popular checking offers such as Chase Bank, HSBC Bank, TD Bank, Huntington Bank, BBVA, Discover Bank, and CIT Bank. See our best rates for Savings and CD too. |
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| Chase Business Complete BankingSM $300 Bonus | Chase Total Checking® $200 Bonus |
| HSBC Premier Checking $450 Bonus | HSBC Premier Checking Up To $600 |
| HSBC Advance Checking $200 Bonus | HSBC Advance Checking Up To $240 |
| TD Bank Beyond Checking $300 Bonus | TD Bank Convenience Checking $150 Bonus |
| Huntington 25 Checking $500 Bonus | Huntington Business Checking 100 $200 Bonus |
| Huntington Unlimited Business Checking $400 Bonus | Huntington Unlimited Plus Business Checking $750 Bonus |
| Axos Basic Business Checking $100 Bonus | Aspiration Spend & Save Account $100 Bonus |
| Ally Invest Up To $3,500 Bonus | Wise Business Banking $100 Bonus |
| WeBull 4 Free Stocks | |
Table of Contents
Earn Cash Back
Anyone can open a Rewards Checking Account since it is essentially a debit card with a built in rewards points feature. With a Rewards Checking Account, you can put your money to good use and earn cash back when you make purchases on just about anything.
It’s nice to be able to get a little back on everyday purchases like grocery and gas to big ticket purchases like electronics. Over time, your rewards points will build up to a sizable amount.
Less Likely To Overspend
With Rewards Checking Account, you can’t spend what you don’t have. Once you make a purchase, your money is pulled from your account right away. In most cases, you cannot make a transaction with your Rewards Checking Account without sufficient funds, unless you have overdraft protection where money will be transferred in from your savings account.
It is much less tempting for Rewards Checking Account holders to overspend compared to the typical credit card holder. Rewards Checking Account sets a financial boundary and holds you accountable using the balance in checking account, this encourages account holders to live within your means.
Stick To A Budget
Get additional rewards checking benefits if you think of your rewards checking account as a budgeting tool. Using that checking account and debit card could help you budget because you can easily review your account to track your spending, adjust your budget and find places to cut in order to save.
Although a checking account can help you stick to your budget, don’t underestimate to think before making a purchase.
Online & Mobile Banking
Most financial institutions are well ahead of the technological curve and offer various online services. Rewards Checking Account holders should make use of all the tools at their disposal.
This includes online portal & mobile apps that can be used to check your balance, transfer or pay bills, find ATM locations, review transaction history and more. Incorporate a budgeting software along side your Rewards Checking Account and you can on your way to saving tons of money.
Compare Rewards Checking Account Benefits
While having a rewards checking account may have a lot of benefits, not all accounts have the same features. Before selecting a desired rewards checking account, you can find other rewards checking account that you can compare with.
Bottom Line
Rewards points programs were mostly confined to credit card only, until now. A Rewards Checking Account great for those that are not able to or do not want to get a credit card, but are interested in earning rewards credits.
Anyone can sign up and open a cashback checking account in minutes. Rewards Checking accounts is an excellent option for students and those that are getting a card for the first time ever. Built in protection feature will not allow for the user to overspend because transactions will not go through if there is insufficient funds.
Unlike a credit card, you can’t rack up debt which means no interest to pay. At the same time, you are earning cashback on your purchases. Find a Rewards Checking Accounts that suits you and make money with Bank Bonuses!
| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| HSBC Advance Checking Member FDIC | $200 Cash | Review |
| HSBC Advance Checking Member FDIC | Up To $240 | Review |
| Huntington 25 Checking | $500 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| Wise Business Banking | $100 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Aspiration Spend & Save Account | $100 Cash | Review |
| American Express High Yield Savings | 0.50% APY | Review |
| CIT Bank Money Market | 0.50% APY | Review |
| Ally Invest | Up to $3,500 Cash | Review |
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