The Aspiration debit card makes it easy to get up to 5% cash back on your debit purchases. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique...
We like extra money. Heck, who doesn’t? Unfortunately, no one seems to be handing any out lately. We don’t see any of it lying around anywhere.
Oh, wait! Here’s some extra money, right over here! It’s a way to turn your debit card into a cash-back card, funneling extra cash into your pockets every time you buy something.
The Aspiration account comes with a debit card that gets you up to 5% cash back1
on your debit purchases. That can add up quickly!
Think about how high your monthly grocery bill is. This way, you get a cut every time you swipe your card. Need to fill up the gas tank? Bam. More extra money.
Get Access to Extra Money — Plus More Perks — in 5 Minutes
Aspiration’s Spend and Save account is an all-in-one cash management account, so your money is in one spot and easy to manage. Besides earning rebates on your purchases, you also get other benefits:
You earn up to 11 times the average interest on the money you set aside to save2 (the FDIC reports that the average account earns just .09%).These earnings get piled right back into your account, another source of extra money. You get five free ATM withdrawals a month and can use any ATM you want3. You get an all-in-one online-only account that comes with no monthly account-maintenance fee (and, instead of huge markups on fees like wire transfers, you pay only their cost).Best of all, switching accounts is really pretty simple. It takes less than five minutes to sign up for Aspiration.
Ready to see how much extra money you can earn this month?
Mike Brassfield (mike@thepennyhoarder.com) is a senior writer at The Penny Hoarder. He likes free money.
The Aspiration Spend & Save Account is a cash management account offered by Aspiration Financial, LLC, a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Aspiration Financial, LLC (Aspiration) provides brokerage services and securities products. Its affiliate company, Aspiration Fund Adviser, LLC, an SEC-registered investment adviser, provides investment advisory services. Aspiration Fund Adviser, LLC and Aspiration Financial, LLC are subsidiaries of Aspiration Partners, Inc. Neither Aspiration Partners, Inc. nor any of its subsidiaries is a bank. Aspiration pledges to donate 10% of our profits to charities.
1 Customers will earn Cash Back on all debit card purchases. Customers may also earn additional Cash Back for purchases made at selected merchants. Cash Back percentages are subject to change at any time without notice. Cash Back will be credited to customer’s Aspiration Spend Account once on the first day of each calendar month. Aspiration reserves the right to reverse Cash Back transactions under certain circumstances and the right to terminate a customer’s Cash Back feature for any abuse of the feature. This Cash Back rewards program is subject to change by Aspiration at any time without notice. For more information, click here.
2 The Annual Percentage Yield (“APY”) associated with the Aspiration Spend & Save Account is variable and accurate as of 01/23/2020. Rates may be changed from time to time without notice. To earn 1.00% APY interest on Aspiration Save Account balances in any calendar month, an external deposit of at least $1,000 in that calendar month into any Aspiration cash management account or investment account is required. If the external deposit requirement cannot be met, the account owner can qualify for 1.00% APY on Aspiration Save Account balances in any calendar month if there is a single end of day Aspiration Save Account balance of $10,000 or more during that calendar month. If neither of these is met, the APY will be 0.00% for that calendar month. Minimum deposit required to open an Aspiration Save Account is $10.00. Pay What Is Fair fees debited directly from the Aspiration Save Account could reduce earnings. For more information, click here.
3 Aspiration does not charge ATM fees. Your account will automatically be reimbursed for ATM fees charged by other institutions while using an Aspiration Debit Card linked to your account at any ATM, up to a maximum of 5 ATM fee reimbursements per month, per account owner. The reimbursement will generally be credited to your account within 2 business days of the ATM fee debit. Please note, if applicable, there is a foreign transaction fee of one percent that is not waived, which will be included in the amount charged to your account. 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 reserves the right to modify or discontinue the ATM fee reimbursement program at any time.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
