I was a bit of a skeptic when I first read about Debitize. It is a free tool that essentially turns a credit card into a debit card-of-sorts, by withdrawing money from your checking account as soon as you spend it with your credit card.
Well, I gave it a try over the past month with my Chase IHG Rewards Club card and I actually ended up liking the service quite a bit! Plus, when you sign up for Debitize through any link on this page, you’ll receive a free $20 credit towards your next credit card bill.
The image above shows really well how Debitize works. When I set up my Debitize account I had to enter my full checking account information as well as my credit card number, which I only did after being reassured by a member of the Debitize support team that my financial information was safe!
It will take about 2 weeks after linking your accounts with Debitize for your $20 sign-up bonus to show up in your account. I also received an email when I earned my bonus.
For now, I am keeping my IHG card linked to my Debitize account. I like how it makes me extra accountable for any spending I’m doing on the card! What do you think of the Debitize idea? Please leave a comment below!