Plant Your Change Disclosure

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 When you choose to add to your Aspiration Debit Card the Plant Your Change Service, we round up the amount of any Aspiration Debit Card transaction made using your Aspiration Debit Card feature in your Aspiration Spend Account to the next whole dollar amount, and transfer the amount in excess of the purchase price to an Aspiration Plant Your Change Service Account. The Plant Your Change Service Fee from Debit Card transactions will be deducted from your account once each business day and include all qualified transactions incurred since the last fee withdrawal.

Aspiration’s Plant Your Change Service then plants a tree through a tree-planting partner preselected by Aspiration for each completed Debit Card transaction. Aspiration charges a variable service fee (the Plant Your Change Service Fee) ranging from $0.01 per completed Debit Card transaction of up to a maximum of $0.99 per Debit Card completed transaction. The Plant Your Change Fee encompasses the cost of the Tree through a tree-planting partner preselected by Aspiration, Aspiration’s costs in administering the Plant Your Change Service (including marketing and promotion), and Aspiration may retain, dependent upon the Plant Your Change Fee for a particular transaction, the remainder. Transactions at an even dollar and cents amount ($.00) are stored in an automated manner operationally and may be manually reconciled to ensure a tree is purchased even for transactions where change is not swept.

 

If a particular transaction has placed your Aspiration Spend Account in overdraft status, we do not implement the Plant Your Change Service for that transaction. If your Debit Card transaction is subsequently canceled or reversed, the corresponding Plant Your Change Service Fee remains as a debit to your account. We may cancel the Plant Your Change Service at any time. The Plant Your Change Service is not a securitized product or investment and participation in the Plant Your Change Service should not be considered an offer to purchase any security or investment.

 

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