Earning cash back on your Tailored checking account is simple:
To qualify, you must keep an average balance of at least $500 in your account.
Cash Back Rewards are then available on Qualified Purchases with your Tailored Checking debit card.
Qualified Purchases are defined as Signature-based purchases made using the debit card tied to an Eligible Account. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and is based on how the transaction is transmitted at the time of processing. Qualified Purchases do not include: (1) any goods or services purchased that are returned or otherwise credited to your Eligible Account; (2) unlawful purchases; or (3) purchases of currency, cash, or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Checks, gift cards, cryptocurrency, casino chips, peer to peer payments, prepaid debit cards, account openings, loan payments, or other cash equivalents).
Tip: When shopping in-store, select “credit” instead of “debit” at the point-of-sale where available to ensure you receive the cashback. The cashback you earn will automatically be credited to your account at the end of the month following the earning period.
To learn more about Cash Back Rewards, visit the Tailored Checking page.