5 Benefits of a Cash Back Checking Account
If you want to maximize your spending and get more from your checking account, a Cash Back Checking Account could be the perfect solution. This account type offers a variety of rewards, including cash back on your everyday purchases. Whether you are buying groceries, refueling your car, or shopping online, this checking account option allows you to earn money back while enjoying the convenience of modern banking. Here are five important benefits of SouthStar Bank’s Cash Back Checking Account.
1.Earn Cash Back On Debit Card Transactions*
The most appealing feature of any cash-back checking account is the opportunity to earn cash back on all purchases. As prices continue to rise, earning a percentage back on every eligible debit card transaction you make can make your dollar stretch even more. Whether you are on your weekly grocery run, shopping for a new outfit, or filling up your tank at the gas pump, earning cash-back rewards will help you save while you spend.
2.No Minimum Daily Balance Requirement
Unlike numerous other financial institutions, a minimum daily balance is not required with a SouthStar Bank Cash Back Checking Account. Account holders enjoy greater flexibility and peace of mind over their finances when they don’t have to worry about fees or their transactions not qualifying. Instead, they enjoy all the benefits of a cash-back checking account without worrying, making it a hassle-free option for everyday transactions.
3.Quick and Easy Cash Back Redemption
Unlike other programs where you may have to wait for your rewards to accumulate, cash-back rewards through a SouthStar Bank cash-back checking account are automatically credited to the checking account every month. This seamless process makes using your debit card quick and easy, and you will never have to worry about waiting extended periods for your savings. Whether you use your cash-back earnings frequently or save them up, the SouthStar Bank system is simple and user-friendly.
4.FDIC Insurance**
One of the key benefits of being a SouthStar Bank account holder is that all deposit accounts are insured by the FDIC. As an FDIC-insured institution, SouthStar Bank protects your deposits up to $250,000 per depositor, per account type. Meaning that your money is safeguarded against bank failure, ensuring your hard-earned funds are always secure. Whether you have a cash-back checking account or any other deposit account, FDIC insurance provides an added layer of financial security, allowing you to bank confidently and know that your funds are protected.
5.Access to a Worldwide Network of Surcharge-Free ATMs
An added benefit of opening your cash-back checking account with SouthStar Bank is that you will gain access to the Allpoint ATM network. Allpoint is a network of thousands of surcharge-free ATMs across the United States. Whether at home or traveling, access to this network ensures you can access your money conveniently and anytime.
Ready to start earning cash back on your debit card transactions? Open an account online or visit a SouthStar Bank branch to get started!
*$0.10 cash-back per debit card transaction as a bonus each month up to $20/month. To earn the bonus, the account holder must have a minimum of one ACH deposit and a minimum of 15 debit card transactions (purchases) per statement cycle. Account eligible for eStatements only. Minimum opening deposit $100.
**The deposits of each depositor in this institution are insured to the maximum amount provided by the Federal Deposit Insurance Act. Visit FDIC.gov for details.
