Set up Direct Deposit and we’ll plant trees to help you reduce your monthly carbon impact!
For a limited time, for the first three consecutive months where you deposit at least $500 through Direct Deposit, we’ll plant the trees needed to help reduce your average monthly carbon impact (based on the average U.S. consumer).
But act fast — this offer is only valid if your first qualifying Direct Deposit hits your account before September 30, 2023.
Offer Terms and Conditions
Offer is non-transferable and non-assignable. Customer must set up a new direct deposit to the account from their paycheck, pension or government benefits (such as Social Security) from their employer or the government to be eligible. The first qualifying direct deposit must be deposited into the account on or before September 30, 2023 to be eligible and customer must have at least $500 of cumulative direct deposits from their paycheck, pension or government benefits (such as Social Security) by October 30, 2023 to receive the average monthly carbon footprint mitigation (“monthly carbon footprint mitigation”) which would be mitigated in the month of October 2023. Customer must also have at least $500 of cumulative direct deposits from their paycheck, pension or government benefits (such as Social Security) for the consecutive months of November and December of 2023 to be eligible to receive the monthly carbon footprint mitigation for the months of November and December 2023. The average American’s monthly carbon footprint is calculated using CAIT data on the U.S. average, per-capita footprint of 17,580 kgCO2/year. Based on Aspiration calculations, a tree’s lifetime sequestration amount after survival/buffer is estimated to be 162.5 kgCO2/tree. Thus 17,580 kgCO2 divided by 162.5kgCO2/tree divided by 12 months = 9 trees/month/person, which results in the monthly carbon footprint mitigation. Funded trees can take up to 18 months to plant, allowing for time to set up nurseries, select/expand planting sites, take advantage of optimal planting seasons and accommodate for local/regional/country social, political and health considerations. Aspiration Account must be open and in good standing, in the sole determination of Aspiration, through the date of the credit. Good standing generally means that the Account is open and not overdrawn and you are in full compliance with the terms of the customer agreement. Promotion is valid from August 22, 2023 - September 30, 2023. All applicable account terms, fees, and charges are subject to change. This offer may be modified or withdrawn at any time without notice. Customer is responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities, if required by applicable law. Customer should consult a tax advisor.
Aspiration’s early direct deposit of funds service is not guaranteed, is subject to payor’s support and the timing of payor’s payment instruction, and is based on a comparison of our policy of making funds available upon our receipt of payment instruction with the typical banking practice of posting funds at settlement. Aspiration generally makes these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.