Credit Cards

Aspiration Spend & Save™ debit card full review

The new Aspiration Spend & Save™ debit card offers a positive and transparent way to spend and save your hard-earned money. Find out how it works in this comprehensive review!

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by Danilo Pereira

Published on 04/13/2022

Aspiration Spend & Save™ debit card: monthly fees are optional, and you still contribute with fighting climate change

Aspiration logo
Aspiration Spend & Save™ debit card full review. Source: Stealth Capitalist.

Wondering how to manage your money better? The Aspiration Spend & Save™ debit card might be right for you! This card lets you “spend smart” and save money on fees, all while supporting good causes. Read on to learn more about how the Aspiration Spend & Save™ debit card works. Plus, find out if this card is the right fit for your lifestyle!

Aspiration Spend & Save™ debit cards

Learn to apply for a Aspiration Spend & Save card

Check this quick step-by-step guide and learn how to apply for a Aspiration Spend & Save™ debit card today!

Intro Balance Transfer APRN/A
APYUp to 3%
Balance Transfer FeeN/A
Monthly FeePay What Is Fair (even if it’s $0)
ATM FeeFee-free in over 55,000 ATMs

How does Aspiration Spend & Save™ debit card work?

Aspiration is not a bank. It is a cash management company which splits your money up among different banks. This means your money is insured by the FDIC up to the amount of $2.5 million, and you have access to the Aspiration Spend & Save debit card.

What’s appealing about Aspiration is its social and environmental commitment. Everytime you make a purchase with the Aspiration Spend & Save™ debit card you are given the option of rounding up to the next dolar, and the extra cents you pay are converted into trees. 

The Aspiration Spend & Save will also use that same money to offset your carbon emissions every time you use the card to fill up the tank, and the plastic used in its cards is made of recycled ocean plastic. 

When it comes to monthly or annual fees, the company follows the “Pay What Is Fair” model, where you can pay as much as you think the service is worth, but you don’t have to if you don’t feel like it. 

It’s important to keep in mind, though, that the highest APYs are only available to fee-paying accounts, and the interest you will be getting for your deposit only partially offsets the service fees.

However the company is very straightforward about its fees, and you don’t have to worry about sneaky surprise ones. Of course, if Aspiration sells itself as an ethical and socially conscious company, they could never do otherwise.

Get your Aspiration Spend & Save debit card now!

Aspiration Spend & Save™ debit card pros and cons

Aspiration logo
Is this card good? Source: Aspiration Facebook.

We know it makes it easier to decide if we can clearly see pros and cons, so here are a few quick takeaways.

Pros  

  • Pay as little as $0 for the service
  • Socially & Environmentally conscious company
  • FDIC Insured

Cons

  • Highest APY available only fee-paying accounts
  • No cash deposits available
  • No in-person customer service

Does my credit score need to be good?

Because it is not a credit card issuer, credit scores do not apply to the Aspiration Spend & Save™ debit card. Aspiration is a money management company which issues debit cards while engineering cash flow among different banks. 

Want to apply for the Aspiration Spend & Save™ card?

Now that you have made up your mind about getting the Aspiration Spend & Save™ debit card, it’s time to apply, and for doing so all you need is access to a cell phone and an internet connection. Check the recommended content below and learn how to apply today!

Aspiration Spend & Save™ debit cards

Learn to apply for a Aspiration Spend & Save card

Check this quick step-by-step guide and learn how to apply for a Aspiration Spend & Save™ debit card today!

About the author  /  Danilo Pereira

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