Five Ways to Earn a Free Debit Card
Everyone has become more frugal and focused over the past few years. This could be tied to the state of the economy and the turmoil caused by the COVID-19 pandemic. It’s never a bad thing to get a refresher on financial basics. Instant access to the money in your checking account is a must. With more and more people working to avoid using their credit cards every year, it makes sense that debit cards are popping up like daisies. Just about every bank that exists will have a debit-card option for their consumers. This makes it easy and convenient for consumers to access the money in their account without worrying about lugging around a checkbook like days of old.
If you don’t currently have a checking account or a debit card, getting yourself signed up for either couldn’t be easier.
Sign Up For Any Checking Account at Almost Any Bank
If you’re looking for a debit card specifically, you should be able to get one through just about any type of checking account at almost any bank. There are some things to consider here, for instance, what type of checking account you want to open and to which bank you should bring your business.
Most modern banks have checking accounts that are free to set up, maintain, and use. This makes it super easy for consumers, no matter their current financial standing, to get set up with an official checking account they can use for their paychecks, bills, shopping, and anything else.
While most banks have consumer-friendly checking accounts that have no additional associated fees, they can pay to double-check the fine print. You don’t want to end up signing up for a checking account and then be surprised that there is a minimum required balance. Though, as mentioned earlier, these accounts are rarer than common.
Become a Member at a New Bank
If you already have a few accounts open with one bank but want to diversify your money in some aspects, you can always open another checking account at a new bank. Or even a new checking account at your current institution. In either case, the action of opening a new checking account almost guarantees that you’ll be receiving a new debit card as well.
If you decide to open more than one checking account, make sure to stay on top of your organization. It’s important to know which of your debit cards is associated with which checking account to avoid confusing them. You don’t want to end up spending money from an account that was supposed to be spent elsewhere.
As long as you stay organized, it should be easy to keep your debit cards sorted.
Keep Your Accounts Open
To keep your accounts in good standing with the bank, ensure you’re using them semi-regularly. You don’t need to go on weekly shopping sprees, and many accounts don’t even have a required minimum balance.
However, if you let a balance in one of your accounts hit 0 and stay there for too long, the bank may flag the account as inactive and close it on your behalf.
A New Age of Debit Cards
Getting a free debit card is extremely easy in today’s day and age. Many banking institutions, both long-standing and new-aged, would love to have your business and are more than happy to extend you a free debit card in return.
Some newer debit cards offer associated perks. For example, the Yotta debit card gives users a chance at 100% reimbursement for every purchase. Other debit cards help build credit, while others still offer instant investment perks.
Choosing the Right Debit Card for You
The first step in choosing a debit card that fits your needs and lifestyle is understanding where you are financial. For example, if you’re doing reasonably well and working on your savings, you might be interested in a debit card that gives you a chance at cash back.
If this is your first ever checking account, a debit card that helps you build up your credit score could be very beneficial in the long run. Luckily, debit cards are associated with checking accounts; you can even choose to have more than one if you want.
Closing Thoughts
Money is on basically everybody’s mind these days. But, unfortunately, no matter where you’re at personally, the world is in somewhat of a state of disarray. Don’t fall into panic mode, though, the proper selection of debit cards can help you gain more control over your financial standing and set you up nicely for the future.
