Mogo debit card review: the best environmental card
Do you care about the future? If you so, let Mogo help you take action against climate change. Read this review to learn how this debit card is taking care of the environment.
Mogo debit card: offset your carbon footprints and earn crypto rewards.
The Mogo debit card will give you a different relationship with the way you spend your money.
This reloadable card not only offers excellent service but also cares about the environment and will help you to fight climate change.
If you’re tired of the old way of banking is time to keep up with the revolution of online not-banks. Most traditional banks do not offer benefits when you use your debit card.
So, if you’d like to learn a new way of spending your money with a debit card that gives you rewards, keep reading this article to see what the Mogo debit card has to give.
- Credit Score: Mogo will not inquiry your credit score
- Annual Fee: It will cost you $0 per year.
- Regular APR: N/A
- Welcome bonus: There is no sign-up bonus.
Rewards: 1 tree plus 50 Green Satoshis per purchase.
Mogo debit card: is it a good card?
With this fresh wave of online banks, Mogo stands out. This debit card is offered by Mogo Finance Technology, that provides financial management products and tolls since 2015.
The company is very aligned with the new generation’s urge to take action against climate change. So, instead of cash back, they give you trees and green satoshis as a reward.
Also, their mobile app is very useful to help you save money. Transfer the amount you intend to use and manage your expenses with financial insights. The annual fee to enjoy all of these benefits is $0.
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Mogo debit card: should you get one?
Mogo is an excellent way to manage your money. If your debit card doesn’t offer the best features, you can enjoy Mogo’s mobile app, and earn rewards for using a debit card. Check some of the pros and cons:
- Control your expenses with a reloadable card. You can’t overspend or create debt.
- For every purchase, Mogo will help you give back to mother nature by planting a free for you.
- Green Satoshis is a sustainable cryptocurrency, and you’ll earn 50 of them every time you use your debit card.
- The mobile app has an efficient and very pleasant design, which makes it pretty intuitive to use and enjoy a lot of handy functions, like budgeting, protecting your card, controlling your money, etc.
- It is not a credit card, so it will not build your credit.
- No welcome bonus.
- Your funds are not covered with CDIC insurance, so it is not a good idea to deposit a high amount.
What is the required credit score?
Don’t worry about your credit score. Mogo is a debit card, and you will not get a credit line. You can open your account even with an average credit score or an inexistent credit score.
Mogo debit card application
If you’d like to enjoy all these benefits, you can apply for this card online. It is easy and you can do it from your cellphone.
So, to add this beautiful card to your wallet, read the following article that will show you how to do it.
About the author / Aline Barbosa
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