Earn 1% Rebate With PerkStreet Checking

PerkStreet Financial is an odd little newcomer that does one thing, and one thing only: checking accounts.

You can open an account with as little as $25 and pay no monthly fees as long as you use your account once a month.

There’s also no charge for using any of the 37,000 ATMs in the STAR network to make cash withdrawals.

A $50 bonus for opening an account is credited to your balance after you’ve kept it in good standing for three months.

You also earn a 1% rebate for all debit card purchases in which you sign your name (as you would for a credit card) rather than entering your personal identification number.

That rebate can be loaded onto a Visa gift card or gift cards from lots of merchants including Best Buy, Amazon.com, Ticketmaster, Gap and more.

The checking account is administered and insured by Bancorp Bank of Wilmington, Del., an on-line bank that specializes in providing FDIC-insured services to non-bank partners such as Boston-based PerkStreet.