The 4.27% APY checking account and 1% cashback debit card offered by Enzo

Enzo is offering checking customers a 4.27% APY. The checking account features a debit card that pays 1% cashback on up to $250,000 of qualifying purchases per year. Sign-up is only available via the Enzo app, which can be downloaded in the Apple and Android app stores.


Enzo customers who joined before October 14, 2022 are still eligible for higher cashback categories (Uber, DoorDash, and rent/mortgage) through June 30, 2023, at which point all customers will only qualify for 1% cashback. After the yearly cashback limit of $2,500 is earned, customers can continue earning 0.25% cashback.


The transition from a tiered cashback program is due to Enzo’s focus on its high-yield checking account. 


Enzo’s site indicates that investing and private banking services are coming soon.





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