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Cash Back Checking

We're always finding ways to put more money in your pocket.

It's no hype, no exaggeration. Just the facts. At Power Financial Credit Union, our Cash Back Checking doesn't just pay you a nickel here and a dime there. It pays way more than the national average interest-bearing checking account!

Over the course of a year, that's a nice chunk of extra money to pay the bills, buy your favorite foods and - best of all - to show your family a good time.

Requirements are Simple

It's easy to earn the higher interest rate and ATM fee refunds. Just meet these simple requirements during each monthly cycle:

Cash Back Checking FAQs

Accordion Section

Yes, your statement reflects transactions from the first day of the month to the last day of the month. For example, August 1 and the ending date of statement period is August 31. The qualifying program cycle begins on the last business day of the month and ends one business day before the last business day of the month. For example:

Month Program Cycle Begins Program Cycle Ends

December 2022

November 30, 2022

December 29, 2022

January 2023

December 30, 2022

January 30, 2023

February 2023

January 31

February 27

March 2023

February 28

March 30

April 2023

March 31

April 27

May 2023

April 28

May 30

June 2023

May 31 June 29

July 2023

June 30

July 30

August 2023

July 31

August 30

September 2023

August 31

September 28

October 2023

September 29

October 30

November 2023

October 31

November 29

December 2023

November 30

December 28



You will receive a 5.12% APY dividend for balances up to $15,000 and 0.15% APY on the remaining balance over $15,000 as well as ATM fee refunds – nationwide. Limit: $2 per transaction with a maximum of $20 per program cycle.
Requirements for earning dividend and fee refunds include: 12 Power Financial Credit Union Visa® debit card or signature-based transactions in program cycle (ATM withdrawals excluded), accept electronic eStatement delivery, and make 3 bill payments using our online bill pay per program cycle.
There is no monthly service fee for the Cash Back Checking Account. All accounts are subject to additional fees as set forth in the Fee Schedule.
The requirements must be met for each qualifying program cycle.
An email will be sent to you from [email protected] letting you know if you receive the rewards each qualifying program cycle.
No, because of the great rewards the Cash Back Checking account offers, it is limited to one per member.
If you meet the requirements each cycle, you will receive your rewards on the last day of the statement cycle.
You will receive your rewards as soon as you meet the requirements! It’s that simple. If your account is opened late in the month, you may not have time to meet the requirements until the following month.
The posting date will be the date that is used for calculating rewards. The posting date is the date the transaction shows up on your account history. For example, if you initiated a transaction on June 27th but it didn’t appear until July 2nd, it would count as a July transaction. Most transactions post within three days but it depends on the merchant’s processing system.
Yes, all requirements start over at the beginning of each qualification cycle.

Page Disclaimers

*APY= Annual Percentage Yield. Rates are current as of 7/3/2023 and subject to change. $20 minimum opening balance. If requirements are met during program cycle: Annual Percentage Yield (APY) of 5.12% is paid on balances up to $15,000; 0.15% APY on any balance above $15,000. If requirements are not met, the APY is 0.00%. **If requirements are met in program cycle, ATM surcharge fees of up to $2 per transaction with a maximum of $20 per program cycle will be refunded. Requirements for earning dividend and ATM surcharge fee refunds include: You must be enrolled in eStatements, conduct 12 or more Power Financial Credit Union VISA debit card transactions (ATM transactions excluded), and 3 SecureLink Bill Pay transactions must post to your account per program cycle. There is a $4.95 fee if SecureLink Bill Pay is not used to pay at least one bill in a program cycle. Fees may reduce earnings.

Cash Back Checking is limited to one per member. Business/Association accounts are not eligible. Rates and terms subject to change without notice. Other conditions may apply.

Power Financial Credit Union serves members across South Florida with 7 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.