Read on and learn about Aspiration Bank and its environmentally friendly rewards.
Aspiration Bank – Earn 10% cash back while spending on socially and environmentally friendly brands.
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Aspiration Bank is an excellent option for individuals looking for a bank that cares and rewards those who also care about the environment and society. With an Aspiration account you will earn 10% cash back when you spend on some of their partner brand companies. Plus, the company is 100% fossil fuel free.
Aspiration Bank is an excellent option for individuals looking for a bank that cares and rewards those who also care about the environment and society. With an Aspiration account you will earn 10% cash back when you spend on some of their partner brand companies. Plus, the company is 100% fossil fuel free.
Check out the benefits you have access to with an Aspiration Bank account.
Once your check has arrived at an Aspiration partner bank, it takes approximately 1 to 2 business days for it to be processed. If the check that has been submitted is greater than $5,000, it may be subject to an extended, large deposit hold for a little longer than the previously mentioned period. If you would like further information about this, check out Aspiration’s Funds Availability Policy at the company’s website: http://www.aspiration.com/policies.
Entrepreneur Joe Sandberg and former political speechwriter Andrei Cherny (who was also a government official), co-founded Aspiration. Currently Cherny serves as the firm’s CEO. There have been discussions about Aspiration going public sinceAugust 2021, however the company is still privately held. It has been backed by a number of public figures such as Leonardo DiCaprio, Robert Downey Jr. and Orlando Bloom. Currently, one of Aspiration’s largest investors is the asset management firm Oaktree Capital Management, which specializes in alternative investments.
In order to open an Aspiration Spend & Save account, you must be a resident in one of the 50 states, U.S. Virgin Islands, Puerto Rico, or Washington, D.C.. In addition to that, you must be 18 years of age or older, a U.S. citizen or have permanent residence status with a green card that is at least 10 years old. Aspiration operates 100% online. This means in order to make your minimum $10 opening deposit, you must have a U.S. bank or credit union account so that you are able to make the transfer.
The money you deposit into Aspiration’s Spend & Save account is held at banks that are FDIC-insured. This means your funds in these deposit accounts are guaranteed just as they would be in any regular bank account.
If Aspiration Bank sounds like a fit to you, you should go ahead and check out our application guide. Click the link and we will show you how to do it.
How to join and start banking with Aspiration Bank
In this Aspiration Bank application guide you will learn how to get join easily to stay environmentally friendly while earning cash back.
If you would like to check out another bank account to compare with this one, you might want to take a look at the ACE Flare® Account.
With the ACE Flare® Account, you can make purchases anywhere stores or merchants accept Visa. The account earns 0.01% interest on the balance. Their savings account, however, earns 6% APY.
Sounds like a fit? Then click the link below and we will tell you all about it.
How to open your ACE Flare® Account easily
Read our ACE Flare® Account application guide and learn how to get this account to have access to its benefits.
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