How is a Spend & Save Joint Account different from a Spend & Save Individual account?


Both individual and joint Spend & Save accounts give you access to the same great benefits and account features. With a joint Spend & Save account, the primary account holder has invited someone else to be an owner of the account. 


On a joint Spend & Save account: 

  • Both owners have equal access to all of the funds in the account, and equal ownership rights over these assets. Both owners get their own debit card with a unique card number
  • Both owners can manage the settings on their cards (e.g. travel notice) independently.
  • Each owner will receive a unique account number for their Spend account but will use the same account number for their Save account. Spending activity will pull from the shared balance despite having separate Spend account numbers
  • Each joint account holder has the option to set a monthly Pay What Is Fair (PWIF) amount. The PWIF amount set by each account holder will then be deducted from the account each month.



Is it possible to have both a Spend & Save Individual Account and Spend & Save Joint Account open at the same time?

At this time each Aspiration customer can only have one Spend & Save account - either a joint or an individual account.