The Cooperative Bank of Cape Cod Launches Premium Debit Cards for MyCapeRewards Program

Filed Under: Banking, Finance

HYANNIS, Mass. (March 18, 2024) – Following the success of its MyCapeRewards program offering rewards to debit card users, The Cooperative Bank of Cape Cod is announcing the launch of a new series  of premium debit cards, now available.

In addition to points earned on standard debit cards for the bank’s MyCapeRewards Program, The Coop’s account holders will now have the option to upgrade their debit card to a My Rewards Gold, My Rewards Platinum, or My Rewards Business Platinum debit card to not only maximize awards, but to access premium benefits including cash back for online purchases, prescription savings, coupons, discounts and even emergency roadside assistance.

Through the MyCapeRewards program at all levels, cardholders earn points for using their debit card on purchase transactions made with signature or PIN. Program participants can choose to redeem points right away or accrue a greater point balance and apply it toward larger gifts, including vacations.

Premium debit cards issued as part of The Coop’s  MyCapeRewards program incur a monthly fee, however come with unprecedented benefits including the following: The My Rewards Gold Debit Card offers 24-hour roadside assistance, seven days a week, 365 days a year. The coverage consists of one event per subscription year at $100;The My Rewards Platinum Debit Card holders can receive reimbursement for damage to or theft of eligible cellular wireless phones.

Detailed information for each card type can be found here:

“The new series of MyCapeRewards premium debit cards provides yet another way for The Coop to provide value-added services and benefits to our personal and business banking customers,” says Barbara Smith, Chief Banking and Strategy Officer, The Cooperative Bank of Cape Cod. for the Bank. “We look forward to working with our valued customers to provide them with the debit card that best meets their financial needs, while providing them best-in-class rewards in appreciation for banking with The Coop, the region’s true community bank.”

For more information on the MyCapeRewards program, click here.

About The Cooperative Bank of Cape Cod

The Cooperative Bank of Cape Cod is an independent mutual community bank with more than $1.4B in assets and 170 employees. The Coop is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), which means 100% of deposit balances are insured in full.

The Coop delivers a robust suite of digital and traditional banking products including mobile and online banking, person-to-person payments, business loans, mortgages, cash management, credit cards, merchant card transaction processing, payroll services and checking and savings accounts. The bank also offers dedicated staff and customized programs to support businesses of all sizes, a major driver of the regional economy, by offering products including construction loans, mortgage loans, lines of credit, term loans and time notes.

Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner with local nonprofits addressing needs and challenges of the community and named a 2021 and 2022 Top 100 Charitable Organization by the Boston Business Journal.

Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit, or call 508-568-3400.