Is there a cap on the cash back rewards?
Yes there is. You can earn 1.00% cash back on eligible debit card purchases, up to a total of $50 per statement cycle. It’s a great way to get rewarded for your everyday spending!
What are not considered a qualifying transactions?
ATM-processed transactions; transfers between accounts; purchases made with debit cards not issued by our bank; cash over portions of point-of-sale transactions; Peer-to-Peer (P2P) payments (such as Apple Pay Cash*); loan payments or account funding made with your debit card and purchases made using third-party payment accounts.
How do I earn cash back with Cash Rewards Checking?
To earn cash back, use your Quontic Debit Card on qualifying point of sale (POS) debit card transactions. These transactions must post and settle to the account within each statement cycle to receive 1.00% cash back. The following activities are not considered POS debit card transactions and do not count toward earning rewards: Quontic may […]
Are there any monthly maintenance fees for the Cash Reward Checking account?
No, there are no monthly maintenance fees to keep your account active. For details on other services and potential fees, please refer to our Schedule of Fees.
Is there a minimum daily balance required to receive the cash back reward?
No, there is no minimum daily balance required to receive the cash back reward. If an account is at a zero balance for 90 consecutive days, it will automatically close.
What is Cash Rewards Checking account?
Cash Rewards Checking is a personal checking account that does not earn interest but may offer cash rewards based on qualifying activity.