May 20, 2020
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Do you care about making the world a better place? Your bank might not.
If you’ve got your money in one of the big banks, it may be using your deposits to support politicians you don’t agree with and fund projects that damage the planet.
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But you don’t have to just sit there and take it — you can break up with your bank today and get $100 for making the switch.
Aspiration is a socially responsible alternative that provides fossil fuel-free banking through its Spend & Save cash management account.
Aspiration donates ten cents of every dollar they earn to charity and lets you choose the causes that are most important to you — things like poverty, education, and human rights.
And they do that while offering solid interest on your deposits and cash back when you shop at socially-conscious businesses.
Protect the planet — and your money
Not only is Aspiration “green,” but it also gives you opportunities to make more of that other kind of green.
Compared to the big banks, Aspiration offers up to 100 times higher interest on your savings and up to 10% cash back when you shop at companies that share your values.
A special limited-time offer makes the cash back rewards even sweeter: Spend $1,000 with your Aspiration debit card before July 31st and you'll earn an additional $100 credit, deposited directly into your account. Your regular expenses like groceries and utilities should easily cover $1,000, so you won’t need to spend any more than you normally do.
There are no hidden charges with Aspiration and you get to choose a monthly fee that seems fair — even if it’s zero.
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Use your spare change to change the world
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Aspiration is committed to giving back to both the planet and to local communities, and they make it easy for you to do the same.
Each time you buy something using your Aspiration debit card (made from recycled plastic, by the way) you can have the purchase rounded to the nearest dollar, and the spare change will be used to plant a tree.
Whenever you use your Spend & Save debit card to buy gas, Aspiration will estimate the carbon emissions from your fuel purchase and provide “carbon offsets” to counter the pollution.
And if you decide to help Aspiration support a cause that’s close to your heart, you’ll be able to track the impact of your giving and receive updates and inspiring stories about the change you’ve made.
‘The best I’ve ever been with’
So make the switch like Matthew Diminico, who used to be with one of the big banks but didn’t like their high fees and investing choices. He calls Aspiration "the best I’ve ever been with."
"Not only do they care about their customers, but they make investments that benefit all of us, not just the top," Matthew says. "They have the same progressive morals and values that I do."
The institution where you choose to spend, save, and invest your money makes a difference. So sign up for an Aspiration Spend & Save Account today and start feeling good about your choice.
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Shane is a reporter for Moneywise. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.
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