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March 11, 2006

Get paid to use your ATM card

Apparently a new checking account is being rolled out at Washington Mutual (WaMu) next week, though nothing is posted at the WaMu website yet. Besides being a totally free account (including free checks for life - nice!), they're going to rebate three pennies to you everytime you use your ATM card. It's not a big deal, and I'd rather use my 1% cash back card on purchases over $3, but a bunch of guys over at FatWallet are getting excited about it (I guess you could make thirty $1 purchases filling up your gas tank to make $0.90 or something). The limit is going to be capped at $250 per year.

I like WaMu and have a checking account there for this website (current balance = $2.19). If you like to use ATM cards instead of credit cards, this might be the account for you.

Posted by brian at March 11, 2006 08:48 PM

Comments

Wow. I've been looking for a rewards based CC since I don't carry a balance but past bad credit is proving an obstacle. I have a wamu card so this is a really good piece of advice. Thanks!

Posted by: Mike at March 12, 2006 12:08 AM

The program is now listed on the WaMu site.

Posted by: Will at March 13, 2006 11:53 AM

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