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5 Top Cash Back Checking Accounts: Earn Money On Everyday Purchases

  • Banking
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Compare the top cash back checking accounts that let your money work for you.

Cash back checking accounts offer a built-in discount on everyday items as well as big-ticket items you purchase. It’s worth banking with a financial institution that offers a little extra incentive.

You may as well benefit from your banking choice.

Top 5 Cash Back Checking Accounts

1. LendingClub Bank – 1% Unlimited Cash Back


The Rewards Checking Account at Lendingclub Bank offers 1% unlimited cash back on online and signature-based “credit” transactions made with a debit card.

How to earn cash back

  • Use your debit card and earn 1% cash back to make signature-based (“credit”) purchases at your favorite retailers in-store and online using your debit card.
  • The cash back you earn will automatically be credited to your account at the end of the month following the earning period.
  • Cash Back Rewards are earned monthly, so if you don’t qualify in one month, you can still earn the next.

More Rewards Checking Account Features

  • No monthly maintenance fee.
  • Minimum amount to open account is $100.00 that can be funded with a debit card or a checking or savings account from another bank.
  • Get rewarded for everyday purchases and earn 1.00% cash back every time you use your debit card.
  • Unlimited ATM fee rebates.
  • Earn 0.10% APY on balances of $2,500–$99,999.99 or Earn 0.15% APY on balances of $100,000 & up.
  • Enjoy US-based Customer Service available by chat, phone or email.
  • FDIC-insured up to $250,000.

2. Qountic Bank – 1.5% Cash Back on Eligible Purchases

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The Cash Rewards Checking at Qountic Bank offers 1.5% cash back on eligible debit card purchases.

How to earn cash back

  • Open a Cash Rewards Checking Account online in 3 minutes or less.
  • Use your Quontic debit card on qualifying point of sale (POS) debit card transactions that post and settle to the account each statement cycle to receive 1.50% cash back.*
  • Receive 1.5% cash back each month deposited into your checking account at the beginning of each new statement cycle.

More Rewards Checking Account Features

  • No monthly maintenance fee.
  • Minimum opening deposit of $100.
  • Get rewarded for everyday purchases and earn 1.00% cash back every time you use your debit card.
  • 90,000+ ATMs Across the Nation.
  • Fully mobile and online banking with remote check deposit, bill pay, account transfers, and receipt tracking.
  • Lock and unlock your debit card online to protect against unauthorized debit card transactions.
  • FDIC-insured up to $250,000.

3. Axos Bank – Up to 1% Cash Back on Signature-based Purchases

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The Cashback Checking Account at Axos Bank offers 1% cash back on eligible debit card purchases.

How to earn cash back

  • Earn up to 1.00% cash back on signature-based transaction purchases.
  • Earn up to $2,000.00 per month in cash back on your signature-based transactions.
  • Maintain a $1,500.00 average daily collected balance to earn 1.00% cash back on signature-based transaction purchases. If your average daily collected balance falls below $1,500 you will earn .50% in cash back for the month.

More CashBack Checking Features

  • Minimum Balance Required to Open the Account: $50.00.
  • Earn up to 1.00% cash back on signature-based purchases.
  • Unlimited domestic ATM fee reimbursement.
  • No monthly maintenance fees.
  • Activate, deactivate, or reactivate your debit card – all from your banking dashboard.
  • Unlimited check writing privileges.
  • FDIC-insured up to $250,000.

4. Sable Banking – 1% Cash Back on eligible purchases


The Sable Debit reward program offers 1% cash back on Amazon, Netflix, Hulu, Uber, Uber Eats, Spotify, and Whole Foods.

How to earn cash back

  • Get 1% Cash back on ALL eligible spend at Amazon, Uber, Uber Eats, Netflix, Hulu, Spotify, and Whole Foods.
  • Annual cash back rewards are limited to applicable spend up to $20,000 a year.
  • Cash back balances may be redeemed for cash back and applied as credit to your Sable Bank Account balance.

More Sable Debit Reward Features

  • Minimum Balance Required to Open the Account: $0.00.
  • Zero Monthly Fees.
  • Zero Overdraft/Insufficient Fees.
  • Zero Foreign Transaction Fees.
  • Enjoy 1% cash back on your purchases, when you use your Sable Debit card on eligible purchases.
  • Zero-fee ATM Withdrawals.
  • FDIC-insured up to $250,000.

5. Upgrade Banking – Unlimited Cash Back on Debit Charges

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The Upgrade Rewards Checking Account offers up to 2% cash back on common everyday expenses.

How to earn 2% cash back

  • Convenience, grocery, and drug stores – Merchant examples: CVS, Walgreens, Rite Aid.
  • Gas stations – Merchant examples: Shell, Chevron, ExxonMobile, Speedway.
  • Monthly subscriptions – Merchant examples: Netflix, SiriusXM, Spotify, DisneyPlus.
  • Restaurants – Merchant examples: McDonalds, UberEats, Chipotle, Starbucks.
  • Utilities, phone – Merchant examples: AT&T, Tmobile, VerizonWireless, Cricket Wireless.

Unlimited 1% cash back on all other debit card charges

More Upgrade Rewards Checking Features

  • No ATM fee.
  • Zero Monthly Fees.
  • Zero Overdraft/Insufficient Fees.
  • 2% cash back on common everyday expenses and recurring payments and unlimited 1% cash back on every other debit card charge.
  • use your Rewards Checking card wherever Visa® is accepted.
  • FDIC-insured up to $250,000.

How does a cash back checking account work?

Cash back checking accounts allow you to earn cash money for purchases made with your debit card. You redeem the cash back by putting it back into your checking account, transferring it to a savings account or you can withdraw the cash for whatever you like.

Some banks offer unlimited cash back earnings while others may limit the amount of cash back up to $3,000 in debit card purchases each month.

How much can I earn with a cash back checking account?

With a cash back checking account you earn a percentage on debit card purchases. Some banks offer unlimited cash back earnings while other banks will cap the amount you can earn to the first $3,000 you spend each month.

Having the ability to earn cash back is a nice incentive to open a free checking account online.

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