PerkStreet Financial up to 25% Cash Rebate Bonuses for Online Checking

PerkStreet Financial℠ is currently offering up to 25% cash rebate bonuses when you open a new PerkStreet℠ online rewards checking account.

Just open a PerkStreet Financial Account to earn up to 25% cash back on Debit Card purchases in select PowerPerks categories.

You can open a new PerkStreet Financial online checking account and use your new Debit Card to make purchases to earn this cash back bonus from PerkStreet.

PerkStreet PowerPerks up to 25% Cash Back

You can earn up to 25% cash back on PowerPerks deals which are special in-store and/or online deals that are sent to your inbox every week.

Every week, you will receive new in-store and online deals at a variety of retailers, sent right to your inbox.

The new PowerPerks are based on where you spend your money, such as Walmart.com, Gilt City, and Olive Garden.

The cash back earning for these PowerPerks is unlimited.

Check out this PerkStreet Financial cash back bonus offer to get up to 25% cash bonus rebates from PerkStreet when you open a new online checking account and make qualifying purchases.

You may also be interested in this PerkStreet Cash Back Checking Account Promotion to earn cash back on select non-PIN Debit Card purchases.

Take advantage of these PerkStreet Financial promotional offers to earn cash bonuses and cash rebates from PerkStreet.

Check out these current Online Banking Rates for more online savings accounts and online checking accounts with high interest rates.

Open a new PerkStreet account today to earn bonus cash rebates from PerkStreet Financial.

Comments

  1. Milly says

    Thanks for posting, but PerkStreet can forget about making me jump so many hoops for a 100 – im not a dogge!

  2. AV says

    There are several problems with this bank, so I would warn potential customers to be aware of the fine print. Although PerkStreet’s website has the appearance of being clear about their policies, I found that not to be the case. These “fine print” policies seem designed to (1) make it difficult to move money out of the account, and (2) to limit the cashback that you can earn. Below are examples.

    (1) They have a limit of $1500 on incoming online transfers in an entire *month*! They don’t tell you about this anywhere except when you actually try to move money into your account. When I called them about it, they said that they have this restriction for new customers and I was still in my first month. After a couple more calls, I realized that they will increase this limit to $2500 after six months.

    Stated reason: Security.
    Suspected motive: To limit the amount of money you can spend to get cashback.

    (2) They have a limit of $500 on outgoing online transfers. So, say you move $5000 into your account to get 2% cashback. You are stuck with that money with them for the rest of the month (unless you adopt a slower paper check route).

    (3) They have a limit of $1500 on daily expenses and explicitly say on their website that it can be waived simply by making a phone call. I had to book two one-way international flight tickets that cost a total of over $1500. I booked these and called them to waive the limit. They refused to do so because I was still in my first month. There is no notice about waivers not being allowed in the first month anywhere. As a result, I have to now spend much more money re-booking that ticket just because PerkStreet does not allow me to spend my own money.

    Stated reason: Security for new customers. They claim that all banks have spending limits on debit cards. Really? Bank of America did not.

    Suspected motive: Limiting spending => limiting cashback.

    (4) When I tried to circumvent the limitation in (1) above to move more money into my account using FedEx, there was another surprise! The first FedEx check takes not 1 day as stated, but about 9 days for some reason. Again, some vague security reason that is incomprehensible to rational beings is given as an explanation.

    Bottomline: It is not easy to get much cashback because of their restrictive policies on what you can do with your money. And they make it harder to move money out of the account while not giving any interest on it. As for the 5% cashback, they are on such specific and tiny items that I have never been able to get 5% cashback so far.

  3. says

    My name is Jason Henrichs and I work for PerkStreet. I’ve corresponded with AV since his experience and also worked with our customer service team to improve the information he was delivered. We are always working to improve the experience and any customer’s feedback is appreciated. We are taking action on the areas of AV’s experience that can be corrected, but there are several parts of his claim that I’d like to better explain.
    Unfortunately fighting fraud is a tremendous burden that has several impacts not just for the bank but for the customers as we establish a relationship. For AV’s first point, the limit does go up over time and with the deeper relationship. There are several ways you can get money in the account besides our free online transfer- by pushing the money from the other account, setting up direct deposit or sending a check. We recognized that this would limit a new customer’s ability to meet the $5,000 threshold which is why we put in a 90 day grace period where you earn 2% no matter what. If we were looking to bait and switch to keep your balance captive we certainly wouldn’t have done that. We keep a small share of the interchange earned when a customer uses the card and give most of it back to the customer. It is in our best interest to make sure customers can spend as much as they want while balancing the fraud exposure to us and to the customer.
    On the daily limit, I’ve worked with the customer service agent on how to better handle the situation and apologize that it was not a stellar experience.
    For your last point on the check, it is clearly stated in FAQs what the hold times are but let’s face it, wading through FAQs is a pain so you naturally picked up the phone where the representative was not clear in her explanation. Again, I’ve worked on the education that she should have inquired whether you were a new customer because their is an extra hold time for the first 30 days.
    Unfortunately banks have done little to engender trust so we’re fighting little by little to do better and earn that back. IM- I hope you’ll give us a shot. We aren’t perfect but I can assure we have many customers who love us. And I don’t know many other banks that have their COO writing a lengthy reply to an irate customer on a Saturday because he genuinely cares about making banking better.
    Any customer or potential customer can contact me directly if they have questions or suggestions: jhenrichs -at- perkstreet.com

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