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Dave Freeman

Millennials and Boomers Both Love the Aspiration “Spend and Save” Account

Seriously, a bank account that pays a high yield, gives cash back on debit card purchases, lets you choose your own fees, AND is socially responsible? Where do we sign up?

I’ve seen the future of banking, and it’s a sweet deal no matter who you are. I’m talking about the Aspiration “Spend and Save” account, and it’s changing everything about online banking.

Check out these features:

Account type:
Online Hybrid Checking and Savings
APY:
1% on savings (sweet!)
Debit Card Cash Back:
Up to 5%
ATM Withdrawals:
Five Free per Month
Other Fees:
Your Choice (and you can choose none)
Socially Responsible:
Yes Indeed
Excellent Free App:
Absolutely

That’s some list of features, isn’t it? But it’s the Social Responsibility that really sets Aspiration apart. Let’s talk about that for a minute.

>>> Sign up for Aspiration Here

Do Well. Do Good.

Aspiration wants to do its part to make the world a better place.

At Aspiration, your deposits will never go towards funding fossil fuel projects, firearms, or political campaigns. So you can feel good about doing business with them. They also commit to donating 10% of earnings to charities helping struggling Americans build a better life.

The App’s Where It’s At

Aspiration’s free app is also the best banking app I’ve ever used. It has all the pertinent detail – what you are spending on, what you saved, cash back, etc. But it’s the little extras that make it special. For example, there’s an Aspiration Impact Measurement (AIM) score, which measures the impact your purchases have on the planet. I like that a lot.


My Conclusion: An Account You Should Have

This is almost a no-brainer: High yield on savings. Cash back on debit purchases. Low (or no) fees. Free ATM. Socially responsible. Great app.

There’s no part of this account I don’t like. I promise you’ll feel the same way.