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Banks (and credit unions, etc.) that offer high interest typically require the customer to take some kind of action every month, such as performing 10 debit card purchases.

I'm wondering if people have found any way to automate the satisfaction of these requirements, so that I don't have to worry about doing it manually? For example, if there is a cheap product that I want to purchase 10 times per month, is it possible for me to set up a monthly payment for that product so that it can happen automatically? Or do I need to e.g. physically present the card to a cashier to perform a purchase?

user541686
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1 Answers1

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As @AbraCadaver said, anything you autopay with your debit card as a CC card "counts".

A small example from my own budget:

  • internet
  • netflix
  • huluplus
  • water
  • trash
  • gas
  • electric
  • cell phone
  • car insurance

Add-in all the stuff you're probably using your debit card for anyway:

  • gas
  • groceries
  • lunch
  • coffee
  • movie tickets

And if you can't hit 10 transaction a month, you're either paying for everything in cash (not a bad plan, btw), or you don't spend much (also not inherently a bad thing).

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warren
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