Aspiration may be a good choice for customers who want the convenience of banking online, without the need to visit a branch. It might be right for someone who wants to: Pay no monthly maintenance fees on checking. Earn cash back on debit card purchases at select retailers.
Aspiration Spend & Save features valuable benefits on two different tiers. Its basic account earns cash rewards whenever you use your debit card, while Aspiration Plus earns an impressive average percentage yield — 5.00% APY — but you do have to jump through a few hoops to be eligible for its high-yield APY.
As a cash management service for the non-wealthy and socially conscious, Aspiration is great. It doesn't cap the number of reimbursements you'll receive from ATMs and there's no minimum balance to maintain. Plus, you can use your dollars to align your finances with a worthy cause while still earning interest.
Is your money safe at Aspiration? Yes, it is safe. Even though Aspiration itself is not a bank and does not hold a banking license, your deposits are safe as the money is held at several partner banks, which are insured by the Federal Deposit Insurance Corporation (FDIC).
The biggest benefits of Aspiration's CMAs are exclusively for Aspiration Plus customers. Unlike the basic Spend & Save account, Aspiration Plus has a set monthly fee of $5.99 a month billed annually or $7.99 if billed monthly.
High interest rates. Aspiration customers with a basic Spend & Save account can earn up to 3.00% on their savings, or they can earn up to 5.00% APY with the Aspiration Plus subscription add-on — which costs $7.99 per month or $5.99 per month if you pay for a full year in advance.
At Aspiration, you decide how much to pay us. We're confident enough in our products and confident enough in the honor of our customers to trust you to do the right thing. We call this “Pay What Is Fair” because this fee model is fair to you and because we're counting on you to be fair to us.
Aspiration Debit Card is issued by Coastal Community Bank, Member FDIC, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Aspiration is a financial firm, not a chartered bank. It offers a variety of accounts, with a focus on rewarding customers with cash back for purchases made from ethical companies. The money customers deposit through Aspiration is held at one of its partner banks, which offer FDIC insurance.
You may only access your Cash Balance through your Aspiration Account. You cannot access or withdraw the Cash Balance by directly contacting the Priority List of Banks. Balances in the Cash Sweep Program can be liquidated on your order and the proceeds returned to your brokerage account or to you.
Follow these simple steps to add a $150 bonus to your new account: Open your Aspiration Spend & Save Account and fund your account with at least $10. Use your Aspiration debit card to make at least $1,000 of cumulative transactions within the first 60 days of opening your account.
Aspiration customers can earn up to 5% cash back on debit card purchases at retailers with a high Aspiration Impact Measurement (AIM) score, which Aspiration calls its Conscience Coalition. Aspiration Plus members can earn up to 10% cash back for purchases with Conscience Coalition members.
That's right: if you have direct deposit (or other qualifying inbound ACH transfers) set up with your Aspiration account, you will now receive it up to two days early!*
The Aspiration Zero credit score requirement is good credit or better. That means you need a credit score of 700 or higher for good approval odds. You can check your credit score for free on WalletHub.
Through the Aspiration Insured Bank Deposit Program, cash balances in the Aspiration Spend and Save Accounts are deposited at one or more FDIC-insured depository institutions (each a "Bank") up to $250,500 per Bank. With eight Banks available, Deposits are FDIC-insured up to $2 million per depositor. Visit fdic.gov.
Yes, Aspiration Zero Credit Card reports your account activity to the following credit reporting agencies: Equifax. Experian. Transunion.
Aspiration Spend is the checking account portion. You're given a debit card and receive cash back rewards with every purchase. Rewards are unlimited, and you're even able to earn extra cashback for shopping at businesses with a conscience.
How account holders can get 5% on their savings. Starting today, Aspiration Plus members will earn a 5% APY on the first $10,000 in their Aspiration Save accounts for every month in which they spend at least $1,000 with their Aspiration debit card.
Our Aspiration community plants more trees than there are in New York's Central Park every day. One mature tree will remove about 48 pounds of carbon dioxide from the earth's atmosphere per year.
Aspiration Partners Inc., a Marina del Rey-based financial technology company that offers consumers a range of tools to prioritize sustainability in their spending habits, is going public via a merger with a blank check firm. The deal with InterPrivate III Financial Partners Inc.
Online Loans
With an Aspiration Loan, you can get a little extra money before your next paycheck.
The daily withdrawal limit for the account is $500 (Limit for the first 30 days). The daily ATM withdrawal limit for Aspiration Plus $1,000. The Limit is due to increase with time and if you choose to upgrade your account. The bank has no weekly or monthly ATM withdrawal limits.