BEST DEBIT CARD WITH REWARDS?! Point Card Review 2021!
Mark Reese // Credit & Finance
•May 10th, 2021
DESCRIPTION
The Point Card is a new kind of debit card with rewards, insurance protections, and MORE! Let’s go over the details of the first debit card that I’m VERY excited about! Click “Show More” to see Ad Disclosure.
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🔺POINT CARD - Debit Card With Rewards!
Download the Point - Debit Card app & get a bonus with PROMO CODE = MARKREESE
http://pointcard.markscreditcards.com
PUBLIC WELCOME BONUS (May 2021)
Earn 500 points (worth $5) when you complete the following activities:
- 100 points when you complete app onboarding
- 200 points when you connect an existing bank & make your first transfer of at least $100 into your Point account
- 200 points when you complete your first physical or virtual Point Card debit transaction
SPECIAL LIMITED-TIME WELCOME BONUS (Valid until 6/15/2021)
Earn 10,000 points instantly redeemable for $100 in cash-back after you sign up for Point using promo code MARKREESE and complete your first rewarded transaction before June 15, 2021.
** PROMO CODE = MARKREESE **
ANNUAL FEE = $49
4 EDITIONS OF THE POINT CARD
- Runway Yellow
- Dam Orange
- Boulder Blush
- Copper Canyon
EARN POINTS
- 5X Subscriptions
Valid on: Netflix, Hulu, HBO Max, YouTube Premium, Spotify, Pandora, Feather, and Headspace
- 3X Food Delivery
Valid on: DoorDash, Uber Eats, Postmates, Caviar, GrubHub, Seamless, Instacart, Good Eggs
- 3X Rideshare
Valid on: Uber, Lyft, and Lime
- 3X+ Access Partners
See Access tab in app to earn elevated bonus points at select merchants that change over time and may include: Costco, Trader Joe’s, Whole Foods, lululemon, Target, Uber Eats, Best Buy, Amazon, Chipotle, Instacart, coffee shops, and more!
- 1X Other Purchases
NOTE: There is no limit to how many points you can earn & points do not expire.
REDEEM POINTS
- Redeem points for cash back
- 1 point = 1¢ ($0.01)
- Cash back instantly added to your account to be instantly redeemed
POINT CARD BENEFITS
- Virtual Point Card Number: Keep your physical card number safe.
- 2 Free ATM Withdrawals Per Month: Withdraw from any ATM regardless of network globally. Fees reimbursed for up to 2 withdrawals per month up to a maximum of $8, credited to your account in equivalent points value.
- Unlimited Quick Bank Transfers: Incoming bank transfers typically arrive within 1-3 business days (M-F excluding public holidays) when initiated inside the Point App.
- No International Travel Fees: Covers foreign merchant transaction fees at Mastercard locations outside the United States.
- Access Partner Offers & Discounts: Bonus points & discounts with up-and-coming brands.
HOW TO FUND POINT CARD ACCOUNT
1. Go to CASH tab (menu, bottom)
2. Select ADD CASH (yellow button, top)
3. Select preferred method:
- Bank Transfer: IN from a bank or OUT to a bank
- Auto Transfer: Same as Bank Transfer but automatically on a schedule
- Direct Deposit: Deposit paycheck directly into Point account
- Payment App: Venmo, Cash App, Apple Cash
INSURANCE & PROTECTIONS
- Phone Insurance
- New Purchase Insurance
- Zero Liability Coverage
- Deposit Insurance
- Trip Cancellation Insurance
- Car Rental Insurance
- Global Travel Assistance
SHOULD YOU GET IT?
YES if you…
- Spend on streaming, food delivery, rideshare, or Access Partners
- Prefer cash back over travel rewards
- Prefer debit cards over credit cards
- Prefer a cash-based lifestyle over credit
- Want to better control your spending
- Value phone protection & other insurances
- Want to compliment your credit cards with a debit card offering strong rewards
- Don’t have a traditional checking / savings account
NO if you…
- Don’t spend on available categories or Access Partners
- Prefer travel rewards over cash back
- Have a credit card with overlapping rewards / protections
GOOD TO KNOW
- Apply inside the Point App; begin using instantly
- No credit check required
- No cap to how many points you can earn
- Contactless card / Mobile wallet friendly
- Banking services offered by Radius Bank, member FDIC
- Fund Transfer Limits: see video
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#debitcards #pointcard #bestdebitcard
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