For almost a decade, Aspiration has been leading the way in climate-friendly personal finance, empowering their customers with checking, savings, and investment accounts that support their financial well-being while helping them make a positive climate impact.
We face the profound challenge of our lifetime: mitigating climate change. And the solution is very straightforward, accelerating the transition away from fossil fuels. But since 2016 alone, the top 60 banks have funneled $5.5 trillion into fossil fuel companies and activities - things like pipelines and oil drilling.
At Aspiration, when it comes to climate change, your money is power. You can feel good knowing that your deposits will not fund fossil fuel exploration or production. By moving money to Aspiration, you’re giving the climate a fighting chance.
You can also earn up to 6% cash back when you shop at climate-friendly brands (including GOT BAG)! Save when you shop at companies that put doing good at the heart of their mission.
Maximize your money's impact with an account that reduces your car's emissions and can fund tree planting every time you swipe. So we can all breathe a little easier.
1 Aspiration Debit Cards are issued by Coastal Community Bank, Member FDIC, pursuant to a license by Mastercard® International Incorporated. Aspiration is under separate ownership from any other named entity. Aspiration is not a bank.
2 The Aspiration Spend & Save accounts are checking and savings accounts offered through Coastal Community Bank, Member FDIC. Approved deposit accounts are FDIC insured up to $250,000 per depositor. For balances greater than $250,000, Coastal will Sweep the excess funds to one or more FDIC-insured depository institutions in their Sweep network (each a "Bank") up to $250,000 per Bank. With five Banks available through the Coastal Community Bank Insured Bank Deposit Program, Deposits are FDIC-insured up to $1.25 million per depositor. This amount is subject to change at any time. Visit fdic.gov. Aspiration's Program Banks have formally committed that customer deposits will not be used for lending to oil and gas exploration, production or transportation, or coal mining.
3 Rainforest Action Network, 2023. “Banking on Climate Chaos.”
4 Aspiration’s Cash Back program is subject to change at any time and without notice, including reversal of rewards for abuse, fraud, and other illicit activity. Cash Back rewards are generally credited on the first day of each calendar month. For additional Cash Back details, click cashback on purchases & Green Marketplace.
5 Planet Protection offsets the estimated CO2 emissions from driving your vehicle based on purchases at gas stations. Verified carbon offsets are purchased quarterly, in aggregate, to account for estimated emissions from all Planet Protection subscribers. This feature is bundled into the Aspiration Plus program and is not offered as a standalone feature that can be purchased separately.
6 When you choose to add to your Aspiration Debit Card to the Plant Your Change Service, we round up the amount of Aspiration Debit Card transactions made using your Aspiration Debit Card feature in your Aspiration Spend Account to the next whole dollar amount (from $0.01 to $0.99), and transfer the amount in excess of the purchase price to an Aspiration Plant Your Change Service Account. Even dollar transactions ($xx.00) are not considered qualifying transactions and are not eligible to be rounded up for this Service. The Plant Your Change Service Fee from Debit Card transactions will be deducted from your account once each business day and include all qualified transactions incurred since the last fee withdrawal. Funded trees can take up to 18 months to plant, allowing for time to set up nurseries, select/expand planting sites, take advantage of optimal planting seasons and accommodate for local/regional/country social, political and health considerations. Planting trees and restoring forests are among the best ways to draw down carbon from the atmosphere, because they can help mitigate the impacts of climate change and contribute to healthy ecosystems that support wildlife and people. Trees planted by our reforestation partners are not intended to be used as carbon offsets and are not verified as such by a third party. Planted trees are part of a reforestation program where approximately 20-30% more trees are planted to account for natural survival rates and unforeseen circumstances (i.e., wildfires, natural disasters, disease) so enough trees survive to reforest an area. However, there is no guarantee all trees planted will be permanent.
