What are the differences in debit card rewards programs between US banks?

Debit cards are a popular payment method for many Americans, as they offer convenience and security. While credit cards have long offered rewards programs, debit cards are beginning to catch up. Many US banks now offer debit card rewards programs, each with their own set of features and benefits.

One of the key differences between debit card rewards programs is the type of rewards offered. Some banks offer cashback rewards, while others offer points that can be redeemed for merchandise or travel. Some banks also offer discounts on purchases made with the debit card.

Another difference is the requirements to earn rewards. Some banks require a minimum balance or a certain number of transactions each month to qualify for rewards. Others offer rewards without any requirements.

The amount of rewards offered can also vary between banks. Some banks offer a flat rate, such as 1% cashback on all purchases, while others offer higher rewards for certain categories, such as dining or travel.

It's important to compare the rewards programs of different US banks to find one that fits your needs and spending habits. Consider factors such as the type of rewards offered, the requirements to earn rewards, and the amount of rewards offered. By doing your research, you can find a debit card rewards program that helps you save money and earn rewards on your purchases.