Oriental Bank review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Oriental Bank suits people in the US who want an everyday Mastercard debit with nothing to pay each month, alongside a points credit card from the same bank. The checking account carries a monthly fee of $0, and the rewards card costs $25 a year.
Key facts
- Best for
- A free to hold Mastercard debit alongside a rewards card from one US bank.
- Monthly fee
- $0 (Source, checked September 26, 2026)
- Currency conversion fee
- 1% (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Card network
- Mastercard (Source, checked September 26, 2026)
- Legal entity
- Oriental Bank (Source, checked September 26, 2026)
- Headquarters
- United States (Source, checked September 26, 2026)
- Features
- Rewards
- Official website
- orientalbank.com
Credit cards
- Annual fee
- $25 (Source, checked September 26, 2026)
- Currency conversion fee
- 1% (Source, checked September 26, 2026)
- Rewards type
- Points (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- Oriental Bank (Source, checked September 26, 2026)
- Headquarters
- United States (Source, checked September 26, 2026)
- Features
- Rewards
Pros and cons
Pros
- A monthly fee of $0 on the checking account.
- The debit card runs on the Mastercard network (mastercard), a familiar one for everyday spending.
- A US bank under FDIC supervision, licence FDIC cert 31469.
- Rewards on the credit card, paid in points (points).
Cons
- Foreign currency spend runs at 1%, while the lowest rate in the comparison is 0%.
- The rewards credit card charges $25 a year, so the points only work for people who use that card.
Who it suits
- People in the US who want an everyday Mastercard debit and pay nothing each month.
- Customers who want a points credit card from the same bank and can live with $25 a year.
- Readers who spend mainly in their home currency, since 1% is the cost to watch.
Who should look elsewhere
- Wise, if you want a provider outside the US: its monthly fee is also £0.
- Bitpanda, if you only want a card product, since its monthly fee of €0 comes without a checking account.
- Starling Personal Account Debit Card, whose monthly fee is also £0, if you want a debit card from another market.
Fees and FX
The checking account runs a monthly fee of $0, so day to day banking costs nothing. Foreign currency spend on the Mastercard debit card is charged at 1%, which matters for anyone paying in another currency or taking the card abroad. Both figures sit with the debit side of the bank, not with the rewards card.
How Oriental Bank compares
Monthly fee of €0, matching Oriental Bank on price, for readers who only need the card.
Where Oriental Bank is available
- Available
- Puerto Rico, United States, Virgin Islands, U.S.
- Licence in United States
- FDIC (FDIC cert 31469), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Oriental Bank cost each month?+
The checking account carries a monthly fee of $0, so everyday banking costs nothing to run. The card fees sit elsewhere: the rewards card charges $25 a year, and foreign currency spend is charged at 1%.
Is the Oriental Bank card debit or credit?+
Oriental Bank offers both. The card tied to the checking account is a debit card (debit) on the Mastercard network (mastercard), and the points card is a credit card (credit) with its own annual fee. Check which row of the comparison you are reading before weighing costs.
How much does it cost to spend in another currency?+
Foreign currency spend is charged at 1%. The lowest conversion rate in the comparison is 0%, so anyone paying abroad often pays more here than on a card with no foreign fee. If most spending stays in the currency you use daily, the rate rarely comes up.
Is the money in the account protected?+
Oriental Bank is a US bank and the licence on record is FDIC cert 31469, naming the FDIC as regulator. That supervision is the reassurance worth holding on to: the money sits with a chartered bank rather than an intermediary, and the licence number is what to quote if you need to check the institution.
What rewards do I get?+
The rewards sit with the credit card. The listed feature is rewards (rewards) and the rewards type is points (points), with that card charging $25 a year. Points only earn their keep if you use the card often enough to offset the fee.
Where is Oriental Bank based and who can open an account?+
Availability is a US matter: the bank is registered in the US and the legal entity on record is Oriental Bank. Readers in other markets should start with a provider they can open an account with, since a $0 monthly fee says nothing about eligibility.
How does it compare with other free debit cards?+
Monthly fee is a tie: $0 at Oriental Bank, £0 at Wise, €0 at Bitpanda and £0 at Starling Personal Account Debit Card. With 419 brands ranked on this measure, the choice turns on everything else.
Sources
- banks.data.fdic.gov/bankfind-suite/bankfind/details/31469 checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“CERT=31469; NAME=Oriental Bank; WEBADDR=http://www.orientalbank.com; ACTIVE=1”
- orientalbank.com/assets/Pdfs/tarjetas_mastercard/terminos... checked September 26, 2026
Backs: Annual fee, Currency conversion fee
“Annual Fees No Annual Fee for the first year, after that $25 yearly - Mastercard Gold PUNTOS”
- orientalbank.com/assets/pdfs/terms-conditions-usvi/Comple... checked September 26, 2026
Backs: Card type, Card network
“use your debit card for purchases in-store or online wherever Mastercard is accepted”
- orientalbank.com/es/para-ti/tarjetas-de-credito checked September 26, 2026
Backs: Card kind
“Mastercard Gold PUNTOS Credit Card”
- doctorofcredit.com/puerto-rico-only-oriental-bank-400-che... checked September 26, 2026
Backs: Monthly fee
“Monthly fees: None”
- supermoney.com/reviews/personal-credit-cards/oriental-ban... checked September 26, 2026
Backs: Features, Rewards type
“Oriental Bank MasterCard Gold PUNTOS Credit Card is a rewards card”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Free ATM withdrawals, Protection.
Oriental Bank
A free to hold Mastercard debit alongside a rewards card from one US bank.