It has not yet been launched, but Discover Bank will be launching their cashback checking account soon. With the new checking account you can earn 10 cents for every check you write, 10 cents for every bill payment made, and 10 cents for each debit card purchase. The dimes are not much to get excited about but if you have these types of transactions that you can’t use a credit card for you might as well get a little cash back with the Discover checking account. It appears that the account will be a free account and come with free checks. The redemption options will be the same as with the Discover credit card which should allow you to get a little extra value when you redeem your cashback. You can read the Discover cashback checking account agreement to get a few more details.
Discover Bank Cashback Checking
My latest credit card. You can earn up to 2.2% for travel with this card. The card currently offers 40,000 bonus points when you make $1,000 in purchases in the first 90 days and the annual fee is waived for the first year. Click on the affiliate link to learn more or apply.