Most people think cash back rewards only come from credit cards—but that’s not the case. With the right debit card, you can earn money back on everyday purchases without worrying about interest rates, credit checks, or approvals.
Cash back debit cards work similarly to rewards credit cards, giving you a percentage back when you spend. Many of these cards are linked to a checking account, often called “rewards checking accounts,” though some options don’t require a bank account at all.
The best part? There’s no application process, and using a cash back debit card won’t impact your credit score. Plus, some even offer sign-up bonuses and extra perks for spending at select retailers. Depending on which card you choose, you could earn hundreds of dollars in rewards each year.
Ready to see the best cash back debit cards available today? Let’s get started!
6 Best Cash Back Debit Cards
Unlike credit cards, the best cash back debit cards reward you for everyday spending—no interest, no credit check required. Simply meet a few easy requirements, and you’ll earn money back on your purchases. Explore these top 10 cash back debit cards to find the perfect fit for you!
Axos CashBack Checking Debit Card – Top Pick!
If you’re looking for a debit card that rewards you just for using it, the Axos CashBack Checking Account is a game-changer. Unlike most debit cards that offer little to no perks, this one actually pays you back for everyday spending.
Earning rewards is effortless—just maintain a $1,500 average daily balance and enjoy 1% cash back on purchases that require a signature. Even if your balance dips below that, you’ll still earn 0.5% cash back, ensuring you're always getting something in return.
Axos does cap cash back at $2,000 per month, but that means you could earn up to $24,000 per year—just for using your debit card like you normally would. Plus, you can earn an extra $20 per referral when you invite friends to join.
The best part? You don’t have to worry about interest charges or credit checks—just simple, straightforward cash back. If you're ready to start earning for the purchases you're already making, Axos Cash Back Checking is a no-brainer.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
American Express Serve Cash Back
This prepaid debit card from American Express works well if you’re trying to stick to a budget. Like the many other cards American Express offers, the Serve Cash Back card is also eligible for FDIC insurance, roadside assistance, and emergency assistance.
This cash back debit card from American Express rewards you with unlimited 1% cash back when you spend money in stores or online but comes with a $7.95 monthly fee. You can purchase the card for free online or pay a maximum of $1.50 if you purchase one in the store. Reloading your funds is required, and costs up to $3.95 per transaction. However, you can earn up to 1% cash back on purchases without an upward limit.
You’ll need to register your card before you make any purchases. This prepaid cash back debit card is not tied to an account, so you can use it as you please. Plus, if you deposit your tax refund to the card, you can get $30. You can even get that tax refund up to two days earlier as well.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
Truist Delta SkyMiles World Debit Card
Though it costs $95 per year, the Truist Delta SkyMiles World Debit Card allows you to earn a mile for each $2 you spend. Truist was formed in 2019 with the merging of SunTrust Bank and BB&T.
Thus, you can earn cash back from the SunTrust Deals program as well. This program offers cash back for purchases at participating retailers. Simply log into your mobile app or online banking portal to find out which deals you can take advantage of.
Before you make a purchase, you’ll need to activate the deal on your new cash back debit card from Truist. Cash back only comes from purchases you make that require a PIN or signature.
Your first purchase earns you a bonus of 5,000 miles, which never expire. You can earn bonus miles for Delta purchases as well, which can be used on buying memberships for the Delta Sky Club as well as seat upgrades.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
Discover Checking Account Debit Card
If you want a card that helps you not to worry about monthly maintenance fees, non-sufficient funds fees, inactivity fees, or the like, check out the Discover Checking Account Debit Card. This debit card comes with all the perks associated with Discover, with the addition of cash back rewards.
We voted Discover one of the best banking apps because members find the mobile app and online banking platform easy to use. Discover allows you to earn up to $30 per month in cash back rewards. You can earn 1% cash back on purchases of up to $3,000 per month.
The Discover Checking Account Debit Card is also linked to a basic checking account that gives you access to Zelle, standard checks, and online bill pay. You can open an account online and access over 60,000 ATMs for free. Plus, there’s always 24/7 support if you run into trouble.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
Citibank Debit Mastercard
The Citibank Debit Mastercard is a separate card altogether from the Citibank ATM Card. However, it comes with no fees and plenty of discounts for travel. In fact, if you’re looking for a cash back debit card specifically made for travel perks, this one is your ticket.
With the Citibank Debit Mastercard, you can make withdrawals and purchases at locations that accept Mastercard. Cashback rewards are limited to foreign merchants, but you can also earn rewards through the Mastercard Traveler Rewards program. Plus, this card opens the door to exclusive events and privileges for qualified cardholders.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
Bank of America Visa Debit
We’ve highlighted many Bank of America promotions on this site, but the Bank of America Visa Debit card is a great choice if you’re looking for a cash back debit card from a worthy bank. Bank of America requires you to apply for a Visa debit card once you open an Advantage Checking account, but fees for the account only range from free to $25 maximum.
In some cases, you may be able to waive the monthly fee. You’ll also need a deposit to open the checking account, ranging from $25 to $100 depending on which account type you choose. Once you’ve set up your account, you can navigate to the AmeriDeals program page. Here, you’ll choose which deals you want to earn cash back. The Bank of America Visa Debit card also comes with other features, such as the $0 Liability Guarantee.
- 1% cash back on purchases with a $1,500 balance
- Earn up to $2,000 per month in cash back rewards
- No monthly fees and unlimited ATM fee refunds
- No credit check required to open an account
How to Make the Most of Your Cash Back Debit Card
Overwhelmed by offers claiming to give you the best checking accounts and bank account bonuses? Set the record straight with a strategic approach to making the most of your cash back debit card. Here are a few ways you can accomplish this goal:
- Find a cash back debit card that fits your life: Don’t worry about finding a card that offers the best cash back overall. Pinpoint ones that fit your lifestyle, such as debit cards that let you earn Walmart cash back for groceries.
- Be clear on how you earn cash back: Some cash back debit cards make it clear how you can earn cash back. Others make it a bit more complex, so be sure to read the fine print before you make a single purchase.
- Double-dip: Use your new cash back debit card as a budgeting tool to help you manage your money. The American Express Serve Cash Back card is a perfect example because it’s prepaid.
- Take advantage of sign-up bonuses, offers, and perks: Credit cards often promote no annual fees, and cash back debit cards have similar fees as well. Look into what other perks you qualify for as a cash back debit card holder.
- Find cash back debit cards with no upward earning limit: With no caps on how much you can earn in cash back, you’re free to make the most of your new cash back debit card.
Sometimes online banks will offer better perks given they cannot cater to their customers with a brick-and-mortar location. If you are looking to avoid overdraft fees specifically, an online bank can help you get back on your feet if you ever overdraw your account.
FAQs
No, all debit cards do not offer cash back. However, the 10 cash back debit cards above will reward you for purchases as long as you meet their requirements.
The debit card that offers the most cash back depends on the individual using it. Some cash back debit cards earn high rewards for those who can spend more in specific categories. Other cash back debit cards let you earn as much as you’d like if you can spend as much as you want.
No, not all cash back debit cards require you to open a checking account. For example, the Citibank Debit Mastercard and Stash Stock-Back Card do not require a checking account to earn rewards.
Earn More with the Best Cash Back Debit Cards
Life takes a little spending here and there to enjoy the time we’ve got. Why not use a cash back debit card to earn more for the money you already spend? We hope you found these 10 best cash back debit cards helpful in your search, especially given how much they offer. When you use your cash back debit card to earn more for your purchases, you can put money back into your pocket. What will you use your cash back rewards for?
