Direct Deposit Promotion - Carbon Credits + $25


Set up Direct Deposit to get $25 + we’ll help offset your monthly carbon impact.

For a limited time, when you set up Direct Deposit of at least $500/month, we’ll offset your monthly carbon impact (based on the average U.S. consumer). Plus, after three months of Direct Deposit we’ll give you $25.¹

And you can get paid up to 2 days early² – it’s Direct Deposit that’s good for your wallet and the world!

But act fast — this offer is only valid if your first qualifying Direct Deposit hits your account before December 15, 2023.


How does Aspiration offset your monthly carbon footprint?

For this promotion, Aspiration will retire carbon credits to help counteract the environmental impact of your monthly carbon footprint. Carbon credits function as tradeable certificates within the voluntary carbon market. Each carbon credit represents the reduction or avoidance of one metric ton of carbon dioxide, or an equivalent amount of other greenhouse gases with similar global warming potential, often referred to as CO2e. To put it in perspective, the average American generates around 18 metric tons of CO2e annually.

You might be wondering where these carbon credits originate. Carbon credits are generated by nature-based methods, such as reforestation, or technology-based projects, like renewable energy initiatives, that actively reduce, prevent, eliminate, or capture carbon emissions. When these credits are retired, they transform into carbon offsets, effectively counterbalancing or offsetting your carbon emissions.

The specific credits we use to offset your monthly carbon footprint are sourced from the VCS-verified Wind Energy project in India. This project generates clean electricity through a 100 MW renewable wind energy installation in the State of Gujarat, India. Over the initial decade of operation, this project is expected to prevent the release of approximately 172,333 metric tons of CO2e annually, effectively displacing 183,960 MWh/year of electricity sourced from the Indian grid, which is predominantly reliant on thermal and fossil fuel power plants.


Offer Terms and Conditions

¹ 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 December 15, 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 December 30, 2023 to receive the average monthly carbon footprint mitigation (“Monthly Carbon Offset”). Carbon credits will be retired from the Adani Wind Energy project, in aggregate, by end of Q1 2024. 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 January and February of 2024 to be eligible to receive the Monthly Carbon Offset for the months of January and February of 2024 and to be eligible for the $25 credit. Allow up to 90 days from the date of your last qualifying direct deposit for the $25 credit to post to your Aspiration account. The average American’s monthly carbon footprint is calculated using CAIT (2019) data on the U.S. average, per-capita footprint of 17,580 kgCO2e/year. One carbon credit is equivalent to one metric ton of carbon dioxide or an equivalent amount of other greenhouse gasses with the same global warming potential, often referred to as CO2e. Thus 17,580 kgCO2e divided by 12 months = 1,465 kgCO2e per month. 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 October 28, 2023 - December 15, 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.

² 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.