High Cash Back on Checking/Debit Spend

[AndySoCal]

@TrapLine @Pen Air I do not have a membership or an account with them. The small drawback in the high checking is capped at 10K. The limit would not be a problem for me.

[crystal626]

---

@ptatohed wrote:

Not necessarily "high cash back" (but it can be, percentage-wise ) but I just opened the primis Perks checking account.  50c per purchase, no limits, no requirements.  Yeah, it's only 50c but buy two tacos at Jack in the Box for 99c and get 50% cash back?  Can't beat that!  

That's 5% or more on every purchase $10 and under.  Even 1% or more on purchases $50 and under which is the typical cash back rate for cash back debit cards.  

---

That sounds pretty unsustainable to me.

[crystal626]

---

@AndySoCal wrote:

If you your looking for a high yield checking account that does not have any debit card transaction requirements Pen Air Credit Union has yield checking at 5.05% 

---

Hmm this one offers membership to anyone and does the donation to the Friends of the Navy Marine-Corps Relief Society for you even.

[AndySoCal]

@crystal626   You classify credit unions into three broad groups. First group is you qualify to become member no matter where you live in the USA. Second group you can if you belong to an employer or organization if you do not meet any of other ways to become a member. The third group is you must live in a certain area or family member is a member of the credit union With banks and or credit unions I picky on where I bank. I check banks and credit unions for checking and savings rates also ACH transfer limits and the fee schedule. If ACH limit is low < 10K prefer higher most likely I will not apply to become a member. I have not done this for Pen Air Credit Union and currently I am not a member.