Level Debit Card Review

Who is the Level Debit card for?

The Level Debit card is a low-fee debit card with a 1% cash back rewards system. On all purchases you make, you can earn unlimited cash back rewards, as there is no cap or maximum amount of cash back you can earn.

To accompany the lack of fees and the cash back, you also receive a variety of protection benefits and 0.5% APY on deposits. This APY is more than 12x the national average for checking accounts.

We recommend this card for anyone looking for a low fee credit card but still wants to earn cash back rewards. With no annual fee, no foreign transaction fee, and cash back this debit card can be useful in all situations.

Lack of Fees

Level attempts to rid you of any pesky fees that many cards offer. First, you will not have any monthly or annual fees for owning the card. This means that you will be able to own this card for free, allowing you to spend money on what you want to spend it on.

Also, three times per month for up to $4 per claim your ATM fees will be reimbursed, as long as the ATM accepts Visa cards. This allows you to save $12 monthly.

Additionally, the Level Debit card voids any foreign transaction fees. Usually, a 3% foreign transaction fee is placed on purchases made outside of the United States. This adds up on extended vacations, so the lack of a foreign transaction fee makes this a viable option for travelers.

There are also no overdraft fees, no maintenance fees, and no minimum balance fees. The lack of fees is what truly makes this debit card attractive and usable for everyone.

Cash Back Offerings

This debit card provides you with an unlimited 1% cash back on all online and credit purchases. Thus, for every $100 of purchases, you will earn $1 back. Although this isn’t the most lucrative of deals, it is still giving you money on all of your purchases at no annual fee.

Other Benefits

This card provides a variety of other benefits that complement the lack of fees and cash back nicely. First, the Level app makes banking very easy. You will receive account alerts whenever a transaction occurs, and you can redeem your cash back rewards at any point at the click of a button.

In terms of protection, you can lock and unlock your card very easily in case a card has been misplaced, lost, or stolen. Also, you will receive Visa zero fraud liability meaning that all fraudulent charges made on your account will be voided.

They also have a reliable California-based customer service team who will be around to answer any questions you may have about your card usage or your account.

You can also set up direct deposits with this card. This allows you to receive your paycheck before your other coworkers, which will let you pay your bills easier and earlier.

Finally, you will receive 0.5% APY on deposits. As mentioned earlier, this is 12x the national average on checking accounts, allowing you to earn more interest on your deposited money.

Conclusion

The Level Debit card is a great option for people who want cash back rewards while avoiding fees. This card has no annual fee, no foreign transaction fee, no ATM fees, and no maintenance fee, allowing you to earn 1% cash back without having to pay any money. This is a great debit card that offers high interest on your deposits.