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).
While technically not checking or savings accounts, Aspiration offers cash-management accounts that function similarly to traditional bank accounts. ... Additionally, for a limited time, you can earn a $150 bonus when you open an Aspiration Spend & Save Account and meet certain requirements with your debit card.
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.
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.
Customers receive a debit card with this account, which earns cash back on purchases from a variety of retailers. You will also earn interest on money that is not spent, which means you can earn money with both the Spend & Save sides of the CMA.
Security. 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).
Aspiration is offering a $200 bonus when you open one of their Aspiration Plus accounts and then spend at least $1,000 using your debit card.
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.
With an Aspiration Loan, you can get a little extra money before your next paycheck.
Aspiration launched their very first credit card on Thursday, the Aspiration Zero Credit Card. This new card earns cash back on every purchase, but ultimately serves a much greater purpose that that. ... Aspiration is a digital bank with a larger mission than just making money.
The first set of checks you order from Aspiration is free. A shipping fee applies to every order of checks after the first. No overdraft fees.
What is "Pay What Is Fair?" At Aspiration, you decide how much to pay us. We're confident enough in our products and in our customers to trust you to make this decision. We call this optional fee “Pay What Is Fair.” Most financial firms impose a flat management or service fee on their customers.
Aspiration is offering a bonus of $100 when you open a new Spend & Save account and complete the following requirements: Open and fund an account with $10 or more. Use your Aspiration debit card to make at least $1,000 worth of cumulative transactions within 60 days of account opening.
Fee-free Overdraft: Get Overdrive™ with Current. Current allows you to overdraft up to $100 with no overdraft fees when you receive a qualifying direct deposit and enable Overdrive™ on your Current Premium Account.
In order to qualify for the PPP loan amount received, Aspiration's 2019 payroll expenses are estimated to be at least $703,382 (not accounting for salary amounts > $100k).
Currently, Aspiration offers 0.5 percent cash back on every purchase and 1 percent cash back at businesses with a strong social conscience.
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 $246,500 per Bank. With ten Banks available, Deposits are FDIC-insured up to $2.46 million per depositor. Visit fdic.gov.
There is a $1,000 daily limit for cash withdrawals from an ATM and a $4,000 daily limit for PIN purchases or any charges requiring your signature. You'll also be limited to a $5,000 daily outgoing transfer limit and a $1,000 daily incoming transfer limit.
The Chime Spending Account promotion requires you to set up direct deposits and use a referral link in order to earn the $50 bonus. Full requirements to receive this bonus are: Open a new account using a referral link from an existing customer. Within 45 days, receive a direct deposit of at least $200.
You may transfer between Aspiration Spend and Aspiration Save up to 50 times per day. These transfers can be scheduled any time and are only subject to the amount available within the account.
For your Aspiration Spend & Save account, your monthly fee will come out of your Spend account. You are able to change the amount of the fee until 9 am PT on the 30th of each month to be retroactively applied.