That's common practice and is required. If you read the terms you'll see the sign-up bonus is considered "interest" and you receive a 1099-INT from any financial institution where interest received exceeds $10.

People are complaining about Citi's very much inflated valuation of AA miles at 2.5cpp if I remember correctly

Discover Cash-Back Checking [Debit Card Rewards]
 

Anyone see this is coming from Discover Card?

http://www.thestreet.com/story/11854...cm_ven=GOOGLEN

Basically $0.10 for every Debit Card transaction. I wonder if you can get $0.01 eBay items in bulk?

"The option is available to only a limited number of Discover customers now, but the bank says a full rollout is scheduled for next year."

Anyone here have it?

Moderator action
 

Thread transferred to Credit Card Programs because there is no miles or points aspect.

Debit Card Rewards Programs?
 

I was reading and found there are some debit cards which can earn point/cash back. I am too late in this game but better than never:) I run small business and pay about 4K in payroll taxes. I am thinking to switch the payment from ACH to debit card. I read about suntrust debit card and one another card (I forgot the name but it gives 1% cashback). Can anyone please suggest me which is the best debit card gives me better returns in current situation?

Thanks.

Suntrust is tough for a business. Are you in their area?

I live near Suntrust (JAX). I've heard nothing but bad things about their Delta cobrand Skymiles Debit Card. Even the teller, when I walked in the inquire, essentially said "stay away"...

Get the Suntrust debit card. You can get more miles on it than any other card.

Yes - Suntrust is a major pain to deal with, but it's that or the UFB, which earns at half the rate (but maybe to more valuable airlines - AA and Alaska, I think). Personal is here:

http://www.ufbdirect.com/ufbdirect/p...-checking.aspx

Not sure if they have a biz version.

Does anybody has experience with perk street card? It is giving 1%, is this better than ufbdirect?

Debit Card Rewards Program
 

Hi,
I was looking through your Chase Link and the Frugal Traveler Link and I don't see any mention of Debit Cards. Does anyone know of any Debit Card that offers rewards?
Thanks.

I posted this in the Chase Forum but I am interested in any bank that offers rewards.

Most debit card rewards programs have been eliminated because the fees that banks are permitted to charge merchants for accepting debit cards have been reduced and capped. The merchant fees fund the rewards programs.

Two surviving programs are:

SunTrust Bank Delta SkyMiles, see this thread:

http://www.flyertalk.com/forum/miles...d-5-000-a.html

Bank of America Alaska Airlines, see this thread:

http://www.flyertalk.com/forum/alask...ebit-card.html

There are some others, but I believe they offer less than one mile per dollar.

Rewards debit card
 

Except for Suntrust (Delta pts ---but lots of problems with bank and locking of accts) and a few specialty points program I have not been able to find a rewards debit card. Are other having the same problems??

Bank of America has one for Alaska Airlines

https://www.ufbdirect.com/personal-b...wards-checking for AA