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Last Updated: 01/21/2026

Aspiration Spend & Save Account

in Checking Accounts from Aspiration Partners Inc.

Last Updated: 01/21/2026

Aspiration Spend & Save Account logo
Mostly not recommended123 total votes
31 users recommend
11 users are unsure
81 users don't recommend
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Highlights

Community Rating

Mostly not recommended

Welcome Offer

$0(Verified 06/21/2024)
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Cashback Rewards

N/A

APY (Annual Percentage Yield)

Up to 5%(Verified 06/21/2024)

Monthly Service Fee

$0 - $7.99(Verified 01/21/2026)
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Number of Reviews

123

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Aspiration Spend & Save Account Review

The Aspiration Spend & Save Account is offered by Aspiration Partners Inc., founded in 2013 and based in Marina Del Rey, CA. Aspiration Spend and Save is available in 50 states and Washington, DC.

Key Takeaways

  • Up to 5% annual percentage yield (APY). This account offers an annual percentage yield of up to 5%, which is much higher than the average for the checking accounts that we track
  • Charges a monthly fee. This account charges a monthly fee of up to $7.99.
  • Small minimum initial deposit. You only need $10 to open an account.
  • No ATM fees. Aspiration Spend & Save Account does not charge fees on ATM transactions .
  • ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).

Aspiration Spend and Save Pros & Cons

Aspiration Spend and Save FAQ

Are checking accounts from Aspiration Partners Inc. federally insured?

Yes, Aspiration Spend and Save Accounts are federally insured through the Aspiration Insured Bank Deposit Program. Cash balances in the Aspiration Spend and Save Accounts are deposited at one or more FDIC-insured depository institutions (each a “Bank”) up to $250,000 per Bank. With eight Banks available, Deposits are FDIC-insured up to $2 million per depositor.

What APY does Aspiration Spend and Save offer?

Aspiration Spend and Save offers an APY up to 5% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Aspiration Spend and Save?

Aspiration Spend and Save requires a minimum initial deposit of $10.

What fees does Aspiration Spend and Save charge?

This account charges a monthly maintenance fee each statement cycle of up to $7.99.

Does Aspiration Spend and Save charge overdraft fees?

No, Aspiration Spend and Save does not charge overdraft fees.

What features and perks does Aspiration Spend and Save offer?

This account includes the following features:
  • ATM rebates - This account will reimburse you for domestic ATM fees .
  • Fraud monitoring - Aspiration Spend and Save monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Mobile Banking Services - Aspiration Spend and Save allows you to manage your money online or with a mobile app. This includes depositing checks1 in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Aspiration Spend and Save?

The customer support email for Aspiration Spend and Save is support@aspiration.com.

How do people rate the customer service and user experience of Aspiration Spend and Save?

Overall, Aspiration Spend and Save is mostly not recommended based on community reviews that rate customer service and user experience.

Aspiration Spend & Save Account Disclosure: The Annual Percentage Yield (“APY”) associated with the Aspiration Spend & Save Account is available only to customers enrolled in Aspiration Plus. APY is variable and accurate as of 4/29/2020. Rates may be changed from time to time without notice. To earn 1.00% APY interest on Aspiration Save Account balances up to and including $10,000.00 in any calendar month, customer must be enrolled in Aspiration Plus and spend $1,000 or more, monthly, with their Aspiration debit card. Balances over $10,000.00 will earn 0.10% APY. If the requirements are not met each month, the APY will be 0.25% on Save Account balances up to and including $10,000.00. Balances over $10,000.00 will earn 0.10% APY. Minimum deposit required to open an Aspiration Save Account is $10.00. Enrollment fee and Pay What Is Fair fees debited directly from the Aspiration Save Account could reduce earnings. Customers not enrolled in Aspiration Plus will not earn interest.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Aspiration Spend & Save Account logo

Message from Aspiration Spend and Save

The Aspiration Spend and Save account is a cash management account that offers a $150 welcome bonus, 3-5% cash back at socially conscious merchants, and the option to plant a tree with every purchase, enabling you to spend and save sustainably.

Contact

Headquarters

4640 Admiralty Way, Suite 725
Marina Del Rey, CA 90292
Visit Site

Hours of Operation

Sunday
8:00AM - 4:00PM
Monday
6:00AM - 6:00PM
Tuesday
6:00AM - 6:00PM
Wednesday
6:00AM - 6:00PM
Thursday
6:00AM - 6:00PM
Friday
6:00AM - 6:00PM
Saturday
8:00AM - 4:00PM

Other Services by Aspiration Partners Inc.