What interest rates are offered for Aspiration Save?

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Aspiration Save Accounts can earn 3.00% annual percentage yield (APY) interest (5.00% for Aspiration Plus subscribers) on the first $10,000.00 of their balance when certain conditions are met.

To qualify for 3.00% APY (5.00% with Aspiration Plus) on the first $10,000.00 in your Save Account in a particular calendar month, you must spend $1,000.00 or more with your Aspiration Spend Account within that month* and have an open and active Aspiration Save account on the date the interest is paid. Note that funds over $10,000 will earn 0.10% APY for Aspiration Plus subscribers only. Without Aspiration Plus, funds over $10,000 will not earn interest. 

If the spending requirement is not met in a particular month, the APY for Aspiration Plus subscribers will be 0.25% on the first $10,000.00 of their Save Account balance, and 0.10% APY on any funds over $10,000.00. Standard accounts without Aspiration Plus will not earn interest if the spending requirement is not met in a particular month. 

Earn up to 83x the national savings rate** by meeting the above conditions.

Interest for Aspiration Save is calculated based on an average daily balance and deposited into accounts once a month, around the first business day of the following month. The interest added to your total balance on a monthly basis is then considered part of your balance for future daily interest calculations, so it compounds monthly.

 

Aspiration

Aspiration Plus

$0-$999.99 Spend in a given month

  • 0.00% APY
  • 0.25% on balances up to $10,000.00
  • 0.10% on balances greater than $10,000.00

$1,000+ Spend in a given month

  • 3.00% APY on balances up to $10,000.00
  • 0.00% APY on balances greater than $10,000.00
  • 5.00% on balances up to $10,000.00
  • 0.10% on balances greater than $10,000.00

Other restrictions may apply. APY is subject to change and is variable. See the Aspiration Spend & Save supplemental disclosure on our policies page.

* Excluding Venmo, Cashapp and other third party money-transfer services

**information regarding average interest rate in USA for savings accounts

APY is variable and accurate as of 10/12/21. Rates may be changed from time to time without notice. To earn 3.00% APY (5.00% APY if customer is enrolled in Aspiration Plus) interest on Aspiration Save Account balances up to and including $10,000.00 in any calendar month, customer must spend $1,000.00 or more, monthly, with their Aspiration debit card. Debit card transactions for money transfer vendors (for example, but not limited to, CashApp, Venmo, Facebook Pay) do not qualify towards the $1,000.00 spend requirement. Balances over $10,000.00 will earn 0.00% APY (0.10% APY if customer is enrolled in Aspiration Plus). If the requirements are not met each month, the APY will be 0.00% APY (0.25% APY if customer is enrolled in Aspiration Plus) on Save Account balances up to and including $10,000.00. Balances over $10,000.00 will earn 0.00% APY (0.10% if customer is enrolled in Aspiration Plus).

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