13 Best Cash-Back Debit Cards

Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.You might consider a cash-back debit card if you’re looking for a way to get some money back from your purchases. Some banks and online banking platforms offer accounts with cash-back debit cards, which allow you to earn a percentage of cash back from certain types of debit card purchases.Yes, there are plenty of cash-back credit cards out there. But you might prefer a cash-back debit card over a credit card if can’t pay off your entire credit card bill each month, or if you struggle with impulse spending. Below, you’ll find 13 accounts that have cash-back debit cards available nationwide. Several of these accounts are also some of the best rewards checking accounts.Earn cash back rewards with no fees. Start earning 1% cash back today (see website for details).no monthly service feeNone$0Discover is a strong online bank. However, if you’d prefer to open a CD or money market account with a low minimum opening deposit, you might consider other options.With the Discover Cashback Debit Account, you can get 1% cash back on up to $3,000 in eligible debit card purchases monthly. Certain types of debit card transactions aren’t eligible for cash-back rewards though. For example, if you buy a money order or make a loan payment, you won’t be able to get cash back for the purchase. You also can’t get cash-back rewards for peer-to-peer payments (like Apple Pay Cash) or a purchase made using a payment app (like Venmo or PayPal).Discover Bank Reviewno monthly service feeNone$50Axos CashBack Checking allows you to earn up to 1% cash back on signature-based debit card transactions.To get 1% cash back on qualifying debit card purchases, you’ll have to maintain an average daily balance of $1,500 or more in your checking account. Otherwise, you’ll earn 0.50% cash back on eligible purchases. The maximum amount of cash back you can earn on signature-based transactions each month is $2,000.Axos Bank ReviewEarn up to a $300 bonus with qualifying direct deposits for eligible customers through 6/30/24. Earn up to 4.60% APY on savings balances (including Vaults) with direct depositno monthly service feeup to 4.60%$0up to $300SoFi Checking and Savings is a great account option if you don’t mind keeping your savings and checking in one account.With SoFi Checking and Savings, you may get up to 15% cash back on eligible debit card purchases at participating stores and restaurants. You’ll need to link your debit card and enroll in cash-back rewards to see a list of participating businesses and get rewards.SoFi Bank Reviewno monthly service feeup to 5.00%$0The Juno Basic Checking Account offers 5% cash back on up to $10,000 in debit card purchases per year with select brands. The full list of participating brands is available on Juno’s website. Only certain debit card transactions are eligible for the cash-back perk. For example, gift card purchases, prepaid card purchases, cash advances, peer-to-peer payments, and traveler’s check purchases aren’t eligible for cash back.Your account also must remain open and be in good standing to qualify for the checking account’s cash-back feature.Juno ReviewEarn up to 2% cash back on purchases. Add a Performance Savings account to earn up to 5.07% APY on saving balances.no monthly service feeup to 5.07% APY on saving balances$0Upgrade is a good option if you’re looking for free checking, cash back on debit card purchases, and competitive high-yield savings account interest rates — but you’ll have to meet certain requirements to get the best perks.Upgrade Rewards Checking Plus offers up to 2% cash back on everyday debit card purchases at convenience stores, gas stations, monthly subscription services, restaurants, and utility and phone providers. To earn 2% on everyday purchases and 1% cash back on all purchases, your checking account must receive direct deposits of $1,000 or more each month. The 2% cash-back perk is limited to $500 in cash-back rewards per year. After the $500 limit, you’ll get 1% cash back on debit card purchases for the rest of the year.If you do not receive direct deposits of $1,000 or more each month, you’ll earn 1% cash back on everyday debit card purchases and 0.50% cash back on other types of debit card purchases. You won’t be able to earn cash-back rewards on gift card purchases, loan payments, money orders, ATM transactions, wire transfers, or payments made through digital wallets or payment apps. Upgrade ReviewNo monthly service fee. $25 minimum deposit. FDIC Insured.no monthly service fee0.00% to 0.15%$25 to open, $2,500 to earn interest and 1% cash back on purchasesLendingClub has a solid rewards checking account; it lets you earn 1% cash back on qualified debit card purchases if you have $2,500 in your account.With LendingClub Rewards Checking, you can earn an unlimited 1% cash back on qualifying signature-based debit card purchases.To be eligible for the cash-back feature, your checking account must have a daily balance of $2,500 or more. You won’t be able to use the checking account for any purchases that are returned or are considered cash equivalents (like gift cards or prepaid debit cards).LendingClub Bank Review3% cash back on Walmart purchasesno monthly service feeup to 5.00%$03% cash back on Walmart purchasesONE could be a good fit if you are comfortable with keeping your money all in one account. The ONE account pays a competitive interest rate on savings balances up to $250,000 and it’s on par with the savings rates of our best high-yield savings account guide.The ONE Account lets you earn 3% cash back of up to $50 per year at Walmart locations or on Walmart.com. To earn cash back, you’ll need to receive direct deposits of $500 or more each month or have a total account balance of $5,000 or more. Gift card purchases and prepaid cards are not eligible for cash-back rewards. You also won’t get cash back at Sam’s Club or any restaurants or vendors that are inside Walmart locations.ONE Finance Reviewno monthly service feeNone$0Venmo is a good tool for quickly transferring money between family and friends. The debit card, credit card, and direct deposits can be useful, but you don’t have to use all of the features to qualify to send and receive money.Venmo technically isn’t a bank or banking platform, it’s a mobile payment app. However, you can get a Venmo debit card that links to your Venmo account.The Venmo debit card allows you to earn up to 5% cash back at select retailers. You can find cash-back offers on the Venmo app.Venmo Review$1 monthly service fee4.00%$0Dave may stand out if you’re comfortable with mobile banking and searching for tools to help build your credit score. Its Dave Spending Account also might be worth exploring if you’ve struggled to open a bank account due to poor credit history.The Dave Debit Mastercard offers up to 15% cash back at select retailers. When you open a Dave Spending Account, the debit card will automatically be mailed to you. Cash-back offers from participating retailers can be found on the Dave mobile app through Dave Rewards.Dave Banking Reviewno monthly service feeNone$1Primis Bank pays some of the best high-yield savings account and high-yield checking account rates. It also has a strong cash-back checking account. Its CD rates are fairly low.Primis Perks Checking has a cash-back debit card. You can get $0.50 back on all debit card transactions except ATM transactions.Primis Bank Reviewno monthly service fee0.01%$10Salem Five Direct eOne Checking lets you earn $0.05 back on all signature-based debit card purchases. Salem Five Direct Reviewno monthly service feeNone$0Varo is a good option if you’re comfortable with online banking, especially if you’re searching for checking and savings accounts that do not use ChexSystems to review your past banking history or do a credit check. The Varo Savings Account also lets you earn a solid interest rate that’s much higher than what many traditional and high-yield savings accounts pay — it may be worth considering if you plan to set up direct deposits and meet certain balance requirements. Many of the best high-yield savings accounts let you earn a high rate without meeting specific criteria, though.Varo lets you earn up to 6% cash back on debit card purchases at select retailers (up to $50 in cash-back earnings per month). Each time you reach $5 in cash-back earnings, the money will be deposited into the Varo Bank Account. You can find participating retailers on the Varo mobile app.Varo Bank ReviewNo monthly service fee. $100 minimum deposit. FDIC Insured.no monthly service feeNone$100Quontic pays high interest rates overall, but be sure you’re eligible to earn the best rates on its high-yield interest checking and money market accounts.Quontic Rewards Checking offers 1% cash back on eligible debit card purchases (up to $50 in cash-back rewards per statement cycle). The following types of purchases aren’t eligible for cash-back rewards: cash over portions of sale transactions, peer-to-peer payments, loan payments, purchases through payment apps, or ATM-based transactions. Quontic Bank ReviewYes, some checking accounts have debit cards that give you cash back when you make qualifying purchases. A few examples include (but aren’t limited to) Axos CashBack Checking, the Discover Cashback Debit Account, and LendingClub Rewards Checking.No, credit cards are not the only way to earn cash back on purchases. Certain debit cards also offer cash-back perks, and some of the best money-making apps also offer cash-back features.ONE Finance has a hybrid checking/savings account that offers 3% cash back (up to $50 per year) on Walmart purchases. ONE Finance is owned by the fintech company Hazel, which was created by Walmart and the investment firm Ribbit Capital.Regular debit cards don’t offer any cash back. However, cash-back debit cards usually offer between 1% to 3% cash back on eligible debit card purchases. A few banks offer higher percentages for cash-back perks — for example, SoFi  lets you earn up to 15% cash back on eligible debit card purchases at participating retailers with SoFi Checking and Savings.

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