Rewards Checking Accounts and How They Work

Think about all the places where your checking account touches your daily life—your morning coffee, grocery runs, online shopping, and bill payments. Now imagine getting rewarded each time you make those everyday purchases. That’s exactly what a rewards checking account offers: banking that benefits your daily life. So how does this look in practice? Keep reading to learn how a rewards checking account works.

What Are Rewards Checking Accounts?

Rewards checking accounts are bank accounts that do more than store your money—they give you something in return. You still enjoy the same convenience of debit card access, digital banking, and direct deposit, but you ALSO earn valuable rewards from your account.

Depending on the program, your checking account rewards may include:

• Cash back when you shop with your debit card
• Exclusive discounts from retailers
• Travel and entertainment savings
• Protection like identity theft monitoring and cell phone protection

It’s a simple concept: You manage your money as usual, and your account thanks you with perks that make daily life easier and more affordable.

How Do Rewards Checking Accounts Work?

Using a rewards checking account is simple. In fact, it works a lot like a traditional checking account, but with added advantages that benefit your family along the way.

Here’s what you can expect:

• Deposit Funds: Add money to your account with direct deposit, electronic transfers, or digital check deposit—whichever fits your schedule.
• Everyday Spending: Use your debit card or digital wallet in stores or online, write checks, or set up automatic payments for recurring expenses.
• Convenient Access to Cash: Withdraw money at nearby ATMs or visit local bank branches whenever you need.
• Digital Account Management: Use online banking platforms to check your balance, track spending, and set family budget goals.
• Unlocking Rewards: Once your account is open, you will get instructions for activating and using your rewards. Access them whenever you want to enjoy the best perks!

And the best part? You don’t have to change your routine to benefit from rewards accounts! Every transaction helps you make the most of your hard-earned money.

Armed Forces Bank Checking Account Rewards

Your checking account should work as hard as you do. A rewards checking account helps stretch your family’s budget while adding extra convenience and value to everyday life.

At our military bank, we know life can move fast—whether you are stationed stateside, overseas, or simply managing your busy household. That’s why our Access Rewards Checking Account was built to move with you. Top features include:

• Online shopping rewards with cash back
• Discounts at thousands of retailers—from restaurants to family attractions
• Free ATM access in the MoneyPass Network¹
• Military Early Pay to receive your paycheck sooner²
• Fuel rewards for savings at the pump³
• Travel discounts and leisure discounts for family getaways
• Digital banking platforms and budgeting tools
• Roadside assistance…because life happens^✝
• Cell phone and buyers’ protection for peace of mind^✝
• Identity theft monitoring and recovery services
• FDIC deposit insurance
• Plus more!

Join families who trust Armed Forces Bank with their financial needs. Visit our bank online and explore the Access Rewards Checking Account.

Open Rewards Checking Account Online

Looking for something different? If this isn’t the perfect option for you, explore our other checking options: Compare Checking Accounts.