F&M Perks with Cash Back

F&M Perks with Cash Back

It’s true! F&M Perks with Cash Back checking pays you to shop. You’ll get 1.50% cash back on debit card purchases — up to $5 per month when you do some simple banking basics.* Looks like your morning latte just paid for itself. Plus, enjoy ATM withdrawal fee refunds, nationwide.*

Open your new F&M Perks with Cash Back account today!

Please choose from one of the following options.
If you are an existing customer, please click “Open a New Account” when logged into online or mobile banking.


  • Checking account that pays you back
  • 1.50% cash back on debit card purchases*
  • No category restrictions on purchases
  • Earn up to $60 cash back per year, $5 per month
  • Refunds on ATM withdrawal fees, nationwide (up to $10 monthly)*
  • No minimum balance to earn rewards
  • Free online banking
  • Free online statements
  • Free debit card
  • Free mobile banking
  • Unlimited check writing
  • $50 minimum deposit to open
  • $6.95 service charge (if qualifications are not met)

It’s Easy To Earn Your Rewards

To earn your rewards, just do the following transactions and activities in your F&M Perks with Cash Back during each Monthly Statement Cycle:

  • Have at least 16 debit card purchases post and settle
  • Be enrolled in and agree to receive online statements
  • Be enrolled in and log into online banking

Qualifying couldn’t be easier! After all, you’re probably doing most of these already. Even if you don’t meet your qualifications during the cycle, you can get right back to earning your cash rewards the very next month!

  • Disclaimers
  • *Qualifier Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Statement Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and debit card purchases processed by merchants and received by our bank as ATM transactions. A Monthly Statement Cycle runs from the day after the last business day of the month to the last business day of the following month. Reward Information: When your F&M Perks with Cash Back account qualifiers are met during a Monthly Statement Cycle, you will receive: (1) 1.50% cash back up to a $5.00 maximum on debit card purchases that post and settle to the account during that cycle period and (2) reimbursements up to $10.00 for nationwide ATM fees incurred will be deposited to the account on the next business day after the qualifiers have been met each month.; If you believe you have not been reimbursed the correct amount of ATM Fees, you must contact us within thirty (30) calendar days of transaction after the Monthly Statement Cycle where the reimbursement was applicable in order to receive a refund. When F&M Perks with Cash Back qualifiers are not met, no cash back payments are made on debit card purchases and ATM fees are not refunded. Cash back payments will be credited to the account at the end of the Monthly Statement Cycle. ATM fee reimbursements will be credited to the account the next business day after the qualifiers have been met each month. At our discretion, rewards may change at any time after account is opened. Purpose and Use Expectations: The F&M Perks with Cash Back account is intended to be the accountholder’s primary checking account in which payroll transactions and day-to-day spending activities are posted and settled. The account’s debit card is expected to be used frequently throughout each month and for transactions and amounts to reflect a wide dollar range. The bank reserves the right to determine if this account is being maintained for a purpose other than primary, day-to-day use. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum $50.00 deposit is required to open the account. Monthly debit card point of sale purchases, enrollment in Online Statements, and monthly log-on to Online Banking required to meet account qualifiers. You must provide a valid e-mail address. This account is not to be used for commercial purposes. There is a limit of one (1) F&M Perks account per household. There are no recurring monthly service charges associated with this account. If qualifiers are not met during a monthly statement cycle, a Service Fee of $6.95 will be charged.