How To Meet Minimum Debit & Credit Transaction Requirements

More and more bank account sign up bonuses and special interests require you to have a certain amount of debit card transactions to be eligible. AmEx has also announced two cards that have transaction play a part in the amount of rewards you’ll receive.  Below we’ve outlined ways for you to hit these requirements without breaking the bank.

Debit Cards Only

Square Cash From $1

Similar to Circle Pay, but funds will go directly into your bank account. Minimum is $1.

Chime Card From $25

The Chime card is a reloadable debit card which can be loaded with other debit cards. Because of this it’s an extremely easy and cost effective way of meeting minimum debit card requirements. Unfortunately it’s not possible to use credit cards to load though so this will only work for debit card transaction requirements. More here. There is a minimum reload of $25 as well, so this isn’t a great option unless you actually use this card.

Amazon Giftcards From $0.50

amazon gift cards from $0.15Amazon.com allows you to purchase giftcards starting at only $0.50. There are no fees at all (the giftcard is sent by e-mail so no shipping required) and you can purchase giftcards from as low as $0.50 and any amount up to $2,000 per transaction. This is one of the easiest ways to hit these debit card transaction targets and you get a small Amazon Giftcard for your troubles. Purchase Amazon Giftcards here.

Be careful of doing too many of these in a short amount of time, as it can lead to your account being temporarily shut down. You can read more Chuck’s experience with this here.

It’s possible to opt out of pinless debit with Amazon.

Click here to find out how. This may be useful for reaching the requirements of some banks.

Use The Self Check Out Lane At Supermarkets

By using the self check out lane at a super market you are able to put through one item at a time. This can help you meet purchase requirements in one shop. If you do this, please only do it when it’s not busy as it will quickly agitate those in line waiting to use the self check out lane you’re hogging.

Pay At The Pump

Most gas stations will allow you to pay at the pump for your gas. Just purchase gas in small increments.

A lot of charities accept donations as low as $1 when donating via debit card. This is because the fees associated with debit cards are smaller than those associated with credit cards and in some cases these charities have special agreements with the processors.

Final Thoughts

If you have any other suggestions/tricks that we don’t have listed, please share them in the comments below.

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OST023
OST023

Is it possible to pay yourself with a debit card via Google Pay?

David
David

Are the debit card purchase PIN based or can you just run them through like a credit card without a PIN?

Sol
Sol

You can do square payments to yourself?

RobTL
RobTL

I’ve found that applying a small payment to a utility works great. I use Verizon for my cell service and they allow me to save up to six different cards. Once a month I process small payments ($1.00, 1.01, 1.02…) to the cards to fulfill the transaction requirement. Works like a charm!

MisterBill
MisterBill

I do it with my FiOS account. Can’t do it with Verizon Wireless anymore since I get an autopay discount and any additional payments negate it for the month and costs me $40! I also pay $1 or $2 with various credit cards that forgive small balances.

Gerry
Gerry

A few months ago when I was generating debit card transactions at gas stations I found that they would allow either two or three transactions per day at any one gas station.

S
S

What if I purchased an item and waited for the transaction to successfully go through and then returned the item? Does that still count as a transaction for the month even if I get a refund to the account?
Thanks

Taya
Taya

Amazon giftcards minimum is $1 now

Chuck

Though you can still do a reload for $.50.

veeRob

Or buy a kindle gift for another account for as low as $0.01.

Nodip
Nodip

Can you explain more or give detailed steps on how to buy kindle gift for another account ?

JohnnyBoyJr
JohnnyBoyJr

I’ve noticed that when eBay collects tax on a purchase they will charge your card for the item purchased, then there will be a 2nd (separate) charge for the tax.
Note: this may vary by whatever state you are in, but taxed eBay purchases may kill 2 birds with 1 stone.
Upvote if this is the case with your account, and please reply if it is not.

CT
CT

William Charles guy has posted his referral link twice in posts that is unrelated.

Chuck

Thanks, I’ll delete

Bruno
Bruno

The safe way to do this is 3x a day maximum spread over several days to avoid issues with the account being suspended.

Neil Degrasse
Neil Degrasse

I typically do 60x in one day on Amazon each month to get all my money.