Aspiration


Overview / Commentary
800-683-8529
4640 Admiralty Way
Marina Del Rey, CA 90292

The Aspiration Spend Account and the Aspiration Save Account are part of a cash management account offering of Aspiration Financial, LLC. This account that has no monthly fees and offers free worldwide ATM access. In fact, the interest rate on this Save account rivals the top savings accounts on the market. Upon the account's release, it was quickly labeled by many reputable news publications as the best checking account in the country. It’s hard to argue with this when considering its appealing combination of low fees and high interest. This account is FDIC insured through several program banks.

It’s worth noting that while this summary is dealing mostly with the deposit accounts available at Aspiration. Aspiration also offers a couple investment accounts that are aimed at middle-class consumers and seek to provide investment opportunities and advantages that traditionally are only available to wealthier consumers. Assets in these investment accounts are held by UMB Bank.

Aspiration’s consumer products are impressive, but equally impressive is the company’s commitment to giving back to the community. Through their “Dimes Worth of Difference” program, they donate 10% of their earnings to various charities that seek to advance economic opportunities for the less fortunate.

Aspiration is headquartered in Marina Del Rey, CA. Any US citizen or lawful resident over 18 can open an account.

Reviews (380)

Invest Green

Posted by: |

Love that my money is investing in healing the planet instead of destroying it

The Zillenial Bank

Posted by: |

Me and my college friends, who are climate activists, all bank at Aspiration. I'm glad I don't have to give my money to polluting corporate banks

Aspiration Closed My Account After 4 Years.

After banking with them for around 4 years. Aspiration decides to close my account claiming that I broke their customer account agreement. They then proceed to tell me in the emaik that if I have any questions, I can call them or reply back. I did both. I email them asking for a detailed explanation and they told me they could not discuss the details and dis not know anything. When I called, I was told that account closure team only does email and that they could not tell me why or how i had “broken the customer agreement.”

which just proves that I did not break any rules, they just wanted to close a legitimate customers bank account for no reason because if you really broke a rule or any agreement, they by law are required to give a detailed explanation. Not giving an explanation or not bwing able to, provesy innocence as a customer.

The bank has still failed to respond back to me after 7 days as they stated in rhe initial account closure email.

They said they will notify me when they fully closed my account and issue mr the check from what was left in my bank account within 7 days.

The fact I have never frauded them, uploaded checks except stipend ones sent from my school, and only transferred funds from my paypal from earnings I received from survey and games that pay me and others to play them, and my ssi being deposited in it each month, just to me makes no sense on how I broke their customer agreement. like i was not even sending or transferring the daily limits.

they even randomly refused my stipend checks from my school, unless i cashed them, and seperated them into less than $300 yet the daily deposit limir was $5,000 a day.

this company is not worth it. Please fully do research and take it from me. DO NOT SIGN UP WITH ASPIRATION.

Stay Away - Aspiration Is Extremely Sleazy, Notorious Scam Of A Company

Posted by: |

TLDR: This is a classic example of how companies scam. I am an avid user of several fintech apps for investing & saving such as Robinhood, Wealthfront, Titan, Fidelity, Chase, Coinbase, Xoom and have never seen any as notorious as this one. Stay away absolutely at all costs.
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1. Their marketing is HUGE scam. On instagram ads, Aspiration promised upto 10% APY interest rate. Now that is pretty steep for interest rates, so you would want to sign up, right? That's what I did. Only to realize once you sign up that, the high APYs require you to spend atleast $1000 using their debit card, otherwise its <0.9%. Any decent credit card would give you 3-5% rewards, so solid sleazy practices to recruit users. Probably a very cheap attempt to show userbase for their investors I suppose/

2. Next comes the notorious part. Naturally, I wanted to close this scam of an account and transfer backmy money. Well, you cant! The daily limit is $100, only 1 transaction (wt* !!!) and it goes up to $500 after a week and a $1000 after a month. They wont do anything about increasing limits or sending my money back. I mailed them multiple times about this horrendous practices - both marketing and transaction limits related, and 'we are sorry' is the answer.

This is the worst, most sleazy app I ever saw and what worries me the MOST is the eco-friendly branding they are selling. I am 1000% sure these cheap sleazy cons would do anything to so much plant a tree.

Please stay away from this. And if Aspiration team is reading this, please refer to my customer support transaction emails for full color on ' what a sleazy shi**** company you started' & take steps to fix customer pain points, not create a ton. Please learn from Amazon & a ton of great companies out there on how to be customer obsessive. This is not 1960s. Wake the f up.

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Aspiration Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*-$10kAspiration Plus Save Account
OTHER TIERS: 0.10% $10k+
3.00%$1k$10kAspiration Save Account w/ $1,000 in Debit Card Purchases
Locations

Aspiration is an Internet only bank and does not have branch locations. Its headquarters is located at 4640 Admiralty Way - Marina Del Rey, CA 90292

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.