Perkstreet Financial is offering a $50 bonus when you open one of their new online “perks” based checking accounts. Using the Perkstreet account and your debit card you can earn 1% cash back bonus on all of your non pin purchases with your card. If you choose to participate in their perks system you can earn an additional 25% on purchases made from retailers such as Starbucks, Dunkin Donuts, iTunes, and Amazon.com.
PerkStreet is a member of the STARsf® ATM network so you won’t be charged ATM fees when you use one of their ATM’s.
You can choose what perks you want to earn and switch anytime between:
- 1% cash back: Choose from a PerkStreet Financial Visa® Gift Card or gift cards from Target®, Best Buy®, Amazon.com®, GAP and Ticketmaster®
- Music: Choose to receive credit for songs at iTunes®, Rhapsody® or Amazon.com® Gift Cards for MP3s or millions of other items at Amazon.com
- Coffee: Choose reloadable gift cards from Starbucks®, Dunkin Donuts®, Peet’s Coffee and Tea® and Bruegger’s Bagels®
The big downer is I don’t see you earning any interest on your stagnant balance but if you drink a lot of coffee or buy a lot of music the extra 25% bonus perks could be pretty decent. Oh yeah, did I mention you get $50 in free cash for opening an account with at least $25 and using the account for three months. Free Money is free money right?