What it is
Aspiration is a US-based neobank offering checking, savings, and investment accounts that guarantee your deposits will never fund fossil fuel extraction, firearms, or tobacco. The 'Pay What Is Fair' fee model lets customers choose what they pay for banking services, including zero. The Aspiration Plus tier adds carbon offsets for everyday purchases and plants a tree with every round-up.
Why we picked this
Where your money sleeps matters. Traditional bank deposits are lent to industries including fossil fuels. Aspiration's zero-fossil-fuel pledge addresses this directly. For people who want their banking to align with their values without sacrificing convenience, it is one of the most accessible options in the US market.
Key takeaways
- Aspiration's Spend & Save account deposits have never been used to fund fossil fuel projects, verified through their partnership with the Fossil Free Certification program.
- The 'Plant Your Change' feature rounds up purchases to the nearest dollar and uses the difference to plant trees through reforestation partners.
- Aspiration's impact metrics are publicly auditable, showing cumulative trees planted and tonnes of carbon offset per user.