5% cash back is pretty sweet | PerkStreet Financial Blog

One Sweet Deal

Posted by Jennifer Scott on July 6, 2010 in 5% Deals

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The Results

photo credit: beyond20khz

According to our friends at the National Confectioners Association, July 7 is Chocolate Day! Not like you needed an excuse to indulge, but now you have one.

Actually, you have two, because we’re giving you 5% cash back on any non-PIN debit card purchases you make on July 7, 2010 at candy stores!

When’s the last time you enjoyed a visit to a candy store? Everyone deserves to be surrounded by floor to ceiling sugar every now and then. Treat your kids, treat your co-workers, treat yourself – go on. You’ve earned it.

Details:
This Deal is only valid on Wednesday, July 7,2010. The amount you can earn at the 5% cash back bonus rate is limited to $500 per household annually (starting on the day your account was opened). Any more than that and you’d ruin your dinner. The total amount of cash back you can earn remains unlimited. Savings refer to any non-PIN debit card purchase made in a store with the MCC categorization for Nut, Candy, and Confectionary stores (MCC Code 5441).

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* 17% of debit cards offer rewards (Source: BAI/HItachi 2008 Study of Consumer Payment Preferences). Of debit cards that offer rewards, the average value provided is 0.23% of spending (Source: Survey of the top 10 bank holding companies by total domestic deposits, as ranked by the FDIC). The resultant value provided by the average debit card is 0.04% of spending compared to PerkStreet at 1%.

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