A debit card is a kind of payment card that deducts money directly from a user’s account when used. Using a debit card reward for purchase is akin to utilizing a debit card.

Also known as a bank card or check card, it can be used to purchase goods or services or to receive cash from an automated teller machine or a merchant who adds an extra buck onto a purchase.

Debit cards with increased purchase limits allow earning more points and avail several offers.

Use of Debit Card

Usually, after opening a checking account at a credit union or bank, you obtain a debit card. It allows you to use up money from the checking account without using a check. After paying with a debit card, the amount comes out of the checking account instantly.

The debit cards that provide rewards generally won’t offer the same value as credit cards. But receiving 1% cashback on all purchases can be the cherry on top if you’re already hoping to use your debit card.

Debit cards with reward programs are helpful since they don’t have trouble regarding the credit cards’ debt-related downsides. When you purchase with your debit card regularly, it can be an incredible way to have some extra benefits. Debit cards do not normally charge a fee, but in case you wish to earn rewards your checking accounts may charge.

Functionalities of Debit Card Rewards

During the purchase, you need to send the card to the dealer and sign the receipt. While asked to swipe the card through the keypad and push cancel or credit, then it requires ratifying the purchase receipt.

Most credit card providers permit cardholders to restore their reward points into cash utilizing their reward points. You can utilize the reward points to pay the annual fee depending on the type of card you have.

 Debit Card Limit

Debit card purchase limits are imposed by banks which are often $2,000 to $7,000 per day. Suppose a thief has stolen your debit card and used it to make a substantial fraudulent purchase, then your checking account would be debited this large amount, further causing distress to your finances.

Maximum transaction on Debit Card

A debit card’s maximum spending is set by the credit union or individual bank that issues the debit card. Some of the debit cards have expenditures capped at $1,000, $2,000, or $3,000 every day. When you try to disburse more than the maximum limit, the card will refuse no matter how much money you have in the checking account.


Whenever you use the debit card, a specific percentage of the transaction creates a cash reward that you obtain at a later date, normally by the next month. Unlike a credit card reward, there is no additional charge related to a cashback checking account.