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by huac 2321 days ago
> To receive rewards from Redneck Rewards personal checking account, participants must: Make 10 Redneck Bank VISA debit card transactions per monthly statement cycle. Please refer to #9 below.

Heh...that's quite a bit, considering the opportunity cost of each debit swipe is 2% cash back from credit.

2 comments

The credit union I use has the same 10 transaction requirement to get rewards checking, but it might be a better deal because there's no balance cap on the interest rate (although, the rate isn't as nice), and you can use their rewards visa (credit, 1% back) to make the transactions.

I try to put my low dollar recurring charges on it, cell phone, personal hosting, isp, etc, which gets most of the way, and some out and around small spending gets me over the hump. I'd rather not have to jump through this dumb hoop, but it means less transfers back and forth between checking and saving and less worrying about timing on big payments.

That's pretty ordinary for a checking account incentive. 10 x $0.50 Amazon gift cards will do the trick.