Cash Back Checking



A bolder, better checking account has arrived

Are you ready to stop paying fees and start earning cash?

Get paid for doing things you probably already do! With our free Cash Back Checking account, earn cash when you shop with your debit card. Instead of paying us a monthly service fee, we pay you — 2.00% on the first $250 you spend each month. Plus, receive refunds on ATM fees, nationwide.* All it takes is a few banking basics you’re probably already doing each month.


  • 2.00% cash back on the first $250 spent in debit purchases
  • Up to $5 cash back each month—that's $60 a year!
  • ATM fee refunds nationwide (up to $25 monthly)*

Account Features

  • No monthly service fee
  • No minimum balance to earn rewards
  • No minimum deposit to open

View the one page Cash Back Checking product guide.


Easy ways to earn rewards:

To earn your rewards, just make sure the primary account holder does these simple things each Monthly Qualification Cycle: 

  • Have at least 12 debit card purchases post and settle
  • Receive e-Statements*
  • Log into Online Branch*

Most of these things, you’re already doing. But even if you don’t qualify one month, no need to worry. Cash Back Checking is always free, and you can easily get back to earning your full rewards the very next cycle!

*APY=Annual Percentage Yield. No minimum to open. Limit one (1) rewards checking account per primary accountholder. Rewards checking accounts include Cartwheel Checking, Velocity Checking, and Cash Back Checking accounts. To earn cash back and ATM fee refunds, the primary accountholder must meet the following three (3) requirements per Monthly Qualification Cycle: 1. Make at least 12 point of sale (POS) purchases using their debit card. 2. Agree to receive account statements electronically (eDocuments) and provide a valid e-mail address.  3.  Log in to Verity’s Online Branch at least once during the cycle. If the primary accountholder meets the monthly qualifications the account will be refunded up to 2.00% of the first $250 spent via POS purchases during the cycle. Maximum cash back award is $5 per Monthly Qualification Cycle. In addition to cash back, domestic ATM fees, up to $25 per qualification cycle, will be credited to the account if monthly qualifications are met. Cash back and ATM fee refunds will be deposited into the reward account at the end of the Monthly Qualification Cycle. If qualifications are not met, ATM fees are not refunded and no cash back reward is earned. A “Monthly Qualification Cycle” is from the last calendar date of the previous month to the day before the last calendar date of the current month (ex. June 30-July 30). Only debit card transactions processed by merchants and received by the credit union as POS transactions count towards qualifying debit card transactions. Transactions must post and settle to account during the Monthly Qualification Cycle to qualify. Debit card transactions processed by merchants and received by the credit union as ATM transactions do not count toward qualifying debit card transactions. Transactions may take one or more Banking Days from the date transaction was made to post and settle to an account. “Banking Day” means any business day on which an office of the credit union is open to the public for the purpose of carrying out substantially all of its banking functions. Cash Back Checking account rates accurate as of 9/1/18 and may change after account is opened. Must be at least 18 years to open a rewards checking account. Account approval, qualifications, limits, enrollments and other requirements apply. Qualifications and rewards may vary by account. Read the Truth-In-Savings Disclosure and Fee Schedule - Savings and Checking Accounts for more details.