Benjamin Franklin famously said, “Watch your pennies and the dollars will follow.” Well, he definitely knew what he was talking about. There is a reason why many Banks and Credit Card companies don't offer rewards programs for debit card use, they would lose money. See, if you stopped using your credit card and replaced all those credit card transactions with a debit card, you would have less debt and be a bad customer for your bank.
Simple Is Always Better
This is why I’m so thankful for technological shortcuts! There is a simple app called, Spent App. It's a 100% free, cash back app that allows you to get rewards for each time you use your debit card.
The Spent App's Best Features
The best feature of the Spent App is it allows users to earn cash back, without thinking about it. You’ll simply connect your debit card to the app, and you’ll qualify for rewards automatically. For example, you get 1% off Amazon, Starbucks, McDonald’s, & Eleven, Uber, Whole Foods and even Netflix purchases when you use a linked card.
When you use Spent App at one of their participating retailers like Nike, iTunes, or SoutWest Airlines with a gift card and Spent will offer up to 5% Cash Back.
You can use the Spent Travel App to book hotels to earn up to 25% cash back. That can add up to some major savings over time.
Redeem Your Rewards
Best of all, all this cash back action happens in the background. Spent App’s parent company, Empyr, uses a payment transfer service called Dwolla to transfer money to your Paypal account. You can transfer cash back once you have at least $20 in rewards. This is what Benjamin Franklin was really talking about, watching your pennies turn into real dollars.
Stack Your Rewards
If you already belong to a credit card rewards program, that's not a big issue. Simply link that card to the Spent APP and increase your rewards points. If your Discover Card is offering 5% cash back on select purchases, Spent could up it to 6%, depending on the purchase and retailer. So, why wouldn't you increase your rewards?
Want to get cash back on purchases you’re already making? I recommend downloading the Spent App. It's the simplest app to use, offers the same safety and security features that Chase, Bank of America and Citibank use and is 100% free to join.