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If you want the money in your checking account to do more than just sit there, you may want to consider a rewards checking account.
After all, you may have a credit card that offers you cash back, points, or miles every time you spend money. So why shouldn't your debit card offer the same?
That said, there can be some downsides to a rewards checking account. Here's what you need to know about rewards checking accounts and whether they're something you need in your financial tool belt.
A rewards checking account is a checking account that offers something a little extra, such as cash back on purchases.