If you’ve heard of the new bank on the block, PerkStreet Financial, and have wondered just what the method to its madness is, you’re not alone. However, the concept isn’t too complicated. In fact, it’s very simple. The idea is to help you make the most of the money you generously place in its banks by offering unique cash back rewards. But what else is there to know about how it works? Let’s find out!
Online Banking Keeps Things Simple
One aspect of PerkStreet that makes it unique and allows it to offer great rewards is the fact that it is brick-and-mortar-less. In other words, because it is an online bank, you don’t have to worry about paying for bank tellers, electric bills, ATM machines, mortgages or coffee.
Banks spend up to $80 billion paying for what you may or may not use, but PerkStreet takes pride in offering rewards because you don’t have to help pay for these items.
Free Checking with Cash Back
Another great benefit of the new bank is that it offers free checking accounts with 2 percent cash back rewards for up to six months. After six months, you get 1 percent cash back, but you always have access to FDIC insurance.
Not to mention, by swiping your PerkStreet Financial Visa debit card, you will get cash back rewards. And you also get to take advantage of 37,000 free ATMs nationwide.
Customer Service is Key
PerkStreet makes sure to pride its customers with great customer service despite the fact that it does not offer in-person tellers. It guarantees that if you have a problem and need to speak with a representative your call will be answered in 30 seconds or less. Not bad!
Other great perks of a PerkStreet financial account include paying bills online, checking your balance online or over the phone, transferring money online between your other bank accounts and more.
It’s great to know this bank offers unique checking accounts with great perks. So if you’re not happy with the checking accounts you have now, be sure to pay a visit to PerkStreet for more details on how it could help you improve your finances with great rewards.
