PerkStreet Financial, a company known for offering a debit card with 2% cash back, has begun offering 5% cash back to its account holders for some purchases during the Christmas season.
Account holders can now get 5% cash back when shopping at Christmas-themed stores through December 31st, 2010, including Best Buy, Gap, Toys R Us, Kohls, Starbucks, Macys, JC Penney, Sears, Victoria’s Secret, Ann Taylor, Ann Taylor Loft, Dick’s Sporting Goods and JCrew. The company offers 2% cash back on all other retailers if you have a checking account balance of at least $5000 and offers 1% cash back for all other cases.
If you’re not familiar with PerkStreet Financial, it’s a company that offers a checking account and debit card package that offers rewards programs that rival some of the best credit card offerings in the country. The account has no minimum balance or fees associated, but do provide great cash back rewards to its customers. The account is also FDIC insured.
Here’s the fine print of the holiday deal, “You may spend a total of $5,000 that is eligible for the 5% cash back earn rate. Bonus perks earned as part of the 5% holiday purchases program will be awarded on February 15, 2011, which is different than when you earn your standard perks. Why? Everyone has returns sometimes, so we will wait until February to award your holiday bonus perks to ensure that the perks granted are only for the merchandise you keep. All other perks will be awarded in accordance with the PerkStreet Rewards Program Agreement.”
