Learn how to apply for the Aspiration Plus account
Subtitle: Earn up to 3.00% APY and contribute to saving the planet. Aspiration Plus account also provides up to 10% cash back on debit card purchases.
Opening an Aspiration Plus Account: A Guide to Saving the Planet and Your Finances
Aspiration believes that individual action causes a ripple effect. If conserving the environment is a key value for you, the Aspiration Plus account will suit you very well. But this account isn’t just about saving the planet. By becoming a customer, you also get great benefits.
The company presents its Aspiration Plus account as a way to “Save the planet, earn up to 3.00% APY.” However, there is more to it than that.
With the Aspiration Plus account, you not only have the opportunity to earn up to 10% cash back on debit card purchases but can also opt to plant a tree with every card swipe. The new Aspiration debit card is even made from recycled plastic, making it an environmentally friendly choice.
Besides the environmental and financial benefits, opening an Aspiration Plus account provides you with access to the following features:
- Unlimited fee-free withdrawals at over 55,000 ATMs (other fees may apply)
- Automatic offsets for the negative climate impact of driving with Planet Protection
- $600 in phone insurance when you pay your monthly phone bill with your Aspiration debit card
Not only can you make a positive impact on the environment and your finances, but Aspiration also promises to donate 10% of its profits to charity. Multiple funds are maintained to disburse these contributions, including the Poverty Fund, Water Fund, Education Fund, and Environment Fund.
Additionally, when you refer a friend to Aspiration, the company donates $25 to the charity of your choice and another $25 to your friend. So, don’t forget to refer a friend.
Despite being an online-only bank, accessing money in the Aspiration Spend & Save Account is easy. You can make deposits through mobile check deposit, direct deposit, online transfers, and wire transfers. For withdrawals, you can visit any ATM worldwide, use bill pay, make wire transfers, or initiate online transfers.
Who Can Apply for an Aspiration Plus Account?
Any US Citizen or permanent resident age 18 or over with a Social Security Number and checking or savings account can apply. The minimum amount required to open an Aspiration Account is $10. To provide customers with greater confidence, Aspiration accounts are insured by the FDIC for up to $2 million.
How Much Does an Aspiration Plus Account Cost?
Opening an Aspiration Plus account requires a monthly fee of $7.99, but it can be reduced to $5.99 per month if paid annually.
How to Get Started with an Aspiration Plus Account
Getting started with an Aspiration Plus account is quick and easy thanks to the intuitive app.
- Sign up today: Create your account and explore the app.
- Make a deposit: Transfer an opening deposit of at least $10 to fund your account.
- Use your digital card instantly: While your physical card is being mailed to you, you can start using your digital card right away. The physical card will arrive within 7 to 10 days.
When you sign up for an account, be prepared to provide the following information:
- Personal information such as your name and birthday
- Contact details including a phone number and address
- Social Security number
- Employment information
- Existing bank account details
How to Contact Aspiration Customer Service
To get in touch with Aspiration customer service, you have the following options:
- Call: 800-683-8529
- Tweet: @Aspiration
- Email: Fill out the form on the Aspiration contact page
Aspiration Plus Account vs. Sable Account: Which One Should You Open?
While the Aspiration Plus account provides various benefits, the Sable account also offers its own advantages. Unlike the Aspiration Plus account, the Sable account does not require a Social Security Number, making it accessible to non-U.S. citizens. Additionally, there are no monthly maintenance fees or opening deposit requirements.
However, there are some drawbacks to consider with the Sable account:
- Annual cash back earnings are limited to a maximum of $300
- Depositing checks and making cash withdrawals from ATMs may incur fees set by the ATM owner
To help you choose between the two accounts, refer to the following comparison chart:
| Sable Account | Aspiration Plus | |
| Intro Balance Transfer APR | None | None |
| APY | 0% | Saving: 3% |
| Bal. Transfer Fee | Incoming: $3 Outgoing: $5 |
$5 or 3% of the amount of each transfer, whichever is greater |
| Monthly Fee | $0 | $7.99/month, or $5.99/month if paid annually |
| ATM Fee | $0 | 55,000 free in-network ATMs, and 1 out-of-network ATM reimbursement per month |
