Skip to main content

Cash Back Rewards

Two photographs with the first being a pair of men at a coffee shop smiling while looking at a phone and the second being a woman sitting on a bed and cheering because of something she sees on her phone.

A Cash Back Rewards account rewards you with cash back on your debit card purchases! You can earn 2% cash back on debit card purchases1.

Open a Cash Back Rewards Checking Account

Benefits & Features

How to Qualify for Rewards

Request a Cash Back Rewards Checking Account

Easily apply online to open a Cash Back Rewards Account, or stop by one of our locations to start the process.

Apply Online

If you already have a CapEd checking account and you want to convert to a Cash Back Rewards, fill out an Account Change Request Form .Opens in new tab.


The following is a list of some of CapEd's top member questions with answers to help you meet your needs faster:

Yes, you can open multiple CapEd Cash Back Rewards Accounts.

Members receive monthly emails to the email address associated with the account indicating if they qualified for rewards during the qualification cycle Opens in new tab. Link is a PDF document..

No, only debit card purchase transactions count.

If you do not meet the qualifications during a qualification cycle, your account will still function as a free checking account; however, you will not receive ATM refunds or the 2% cash back.

A posted and settled transaction means that the transaction amount has been deducted from your account. Remember, it can take several days for a transaction to post and settle. Since it may take a week or more for purchases to post to your account, we recommend you make your purchases several days before the end of the month.



Available for personal accounts only.

1 Debit card purchases up to $300 are eligible for 2% cash back per qualification cycle. Once $300 of purchases is surpassed, account is ineligible for cash back until the next qualification cycle.

2 Nationwide ATM fee refunds are rewarded when qualifications are met.