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  Aspiration Spend & Save Checking Account

Aspiration Spend & Save Checking Account

in Checking Accounts from Aspiration Bank

Claimed

Aspiration Spend & Save Checking Account

Claimed

in Checking Accounts from Aspiration Bank

SuperMoney Net Recommendation Score -57% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly not recommended

20 users recommend
7 users are unsure
83 users don't recommend
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Highlights
Highlights
Community Rating Strongly not recommended
Monthly Fee $0
Minimum Balance to Avoid Monthly Fee $0
ATM Fee: Out-of-Network $0
APY 0% - 2%
Number of Reviews 110

Aspiration Spend & Save Checking Account Review

Where is Aspiration Spend & Save Checking Account available?

Aspiration Bank is based in Marina Del Rey, CA. It was founded in 2013 and offers banking services in 50 states (and Washington, DC).

Is Aspiration Spend & Save Checking Account insured by the FDIC?

Deposits in Aspiration Spend & Save Checking Account are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor.

What APY does Aspiration Bank offer?

Aspiration Spend & Save Checking Account offers an APY starting at 0% and ranging up to 2% (APY stands for annual percentage yield, rates may change).

Aspiration Spend & Save Checking Account Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0% - 2%

What are the account minimums for Aspiration Spend & Save Checking Account?

Aspiration Spend & Save Checking Account requires a minimum initial deposit of $10 to open an account.

Aspiration Spend & Save Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $10

What fees does Aspiration Spend & Save Checking Account charge?

The good news is that this account does not charge a monthly maintenance fee.

Aspiration Spend & Save Checking Account Fees
Description
Monthly Fee $0
Paper Statement Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
NSF Fee $0
Overdraft Protection Fee (per transfer) $0
Overdraft Item Fee $0
Early Account Closure $0
Returned Deposit Fee (Domestic) $0
Debit Card Replacement Fee $0
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $0
Check Image Service N/A
Check Copy $0
Foreign Transaction Fee (Debit Card) 1.1%
Wire Transfer Fee - Domestic (Outgoing) $0.82
Wire Transfer Fee - International (Outgoing) $15
Wire Transfer Fee - International (Incoming) $2.50
Returned Deposit Fee (International) $0
Wire Transfer Fee - Domestic (Incoming) $0.82
ATM Reimbursement Monthly Limit N/A

What features and perks does Aspiration Spend & Save Checking Account offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Aspiration Spend & Save Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
ASPIRATION SPEND & SAVE CHECKING ACCOUNT Disclosure: The Aspiration Spend & Save Account are part of a cash management account offering of Aspiration Financial, LLC ("Aspiration"), an SEC-registered broker dealer. After the close of business each business day, the cash balances in the Aspiration Spend and Save Accounts are swept to an account at one or more federally insured depository institutions (each a "Bank"). The deposits at the Banks are eligible for insurance by the Federal Deposit Insurance Corporation (FDIC), subject to FDIC insurance coverage limits. For more information about FDIC insurance coverage, please visit the FDIC website. As stated in the Aspiration Financial, LLC Customer Account Agreement (Customer Account Agreement), customers are responsible for monitoring their total assets at the Bank to determine the extent of available FDIC insurance. FDIC insurance coverage is in accordance with applicable law and regulations, including the FDIC’s laws and regulations relating to "pass-through" federal deposit insurance treatment. The names of the current Banks that maintain the Aspiration Spend and Save Accounts are made available within your periodic statements and may vary over time. Deposits at the Banks are not eligible for SIPC coverage. Aspiration Spend is a non-interest bearing account with electronic transaction functionality. Aspiration Save is an interest-bearing account. Full disclosure about Aspiration Spend and Aspiration Save is available in the Spend & Save Supplement to the Customer Account Agreement. Investments placed in the Redwood or Flagship Funds available through Aspiration are not eligible for FDIC Insurance, are not bank guaranteed and may lose value. The Annual Percentage Yield ("APY") associated with the Aspiration Spend & Save Account is variable and accurate as of 3/4/19. Rates may be changed from time to time without notice. To earn 2.00% APY on Save account balances in any calendar month, a deposit of at least $1 in that calendar month into any Aspiration account, or a single end of day Aspiration Save balance of $10,000 or more during the calendar month is required. If neither of these is met, the APY will be 0.00% for that calendar month. Minimum deposit required to open a Save Account is $10.00. PWIF fees debited directly from the Save Account could reduce earnings.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

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

Message from Aspiration Bank

The Aspiration Spend & Save Account is a cash management account offering up to 2.00% APY interest (up to 200 times higher than Big Banks*), no ATM fees worldwide, and your own personal People/Planet impact score.

About Aspiration Spend & Save Checking Account

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $0
Minimum Initial Deposit $10
Minimum Combined Balance to Avoid Monthly Fee $0
Minimum Direct Deposit to Avoid Monthly Fee $0
Minimum Balance to Avoid Monthly Fee $0
Monthly Fee $0
Paper Statement Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
NSF Fee $0
Overdraft Protection Fee (per transfer) $0
Overdraft Item Fee $0
Early Account Closure $0
Returned Deposit Fee (Domestic) $0
Debit Card Replacement Fee $0
Online Bill Pay Fee $0
Stop Payment Fee $0
Check Copy $0
Returned Deposit Fee (International) $0
Foreign Transaction Fee (Debit Card) 1.1%
Wire Transfer Fee - Domestic (Outgoing) $0.82
Wire Transfer Fee - International (Outgoing) $15
Wire Transfer Fee - International (Incoming) $2.50
Wire Transfer Fee - Domestic (Incoming) $0.82
Bank Account Features
  • ATM Reimbursement
  • Debit Card
  • Free Bill Pay
  • Interest Bearing Account
  • IRAs
  • Mobile Banking
  • Mobile Check Deposit
  • No ATM Fees
  • No Monthly Maintenance Fee
APY 0% - 2%

Aspiration Spend & Save Checking Account Community Reviews

 
 

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