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 (237)

ASPIRATION SAYS MY ACCOUNT IS CURRENTLY FROZEN AND UNDER REVIEW

i got my Loan payment on the checkings account, then i linked my greendot account with it to remove my money.
at first 500 was the daily limit and it was going through, then when the limit raise to $5000 i try to send 5k to my greendot external account then i got a email from them saying ( due to the return of your transfer, your aspiration account may be restricted for further review)

fine the transactions failed and why do you have to lock my account without providing a way out to remove my money on it ??
I still think cash app is the best online banking because if your cash app was locked or closed, they will definitely provide a way out to remove your money and lock their account.. You can not lock my account and lock my money.. That's impossible and i will have to file this case if my account is not unlocked for me to remove my money on it.

Complaint To Unlock My Account

For over one year my account was not frozen, buh now that i got my tax refund payment on the saving account, then i linked my greendot account with it to remove my money. Same account name, unfortunately you said the transactions failed and why do you have to lock my account without providing a way out to remove my money on it... That's why cash app was the best online banking because if your cash app was locked or closed, they will provide a way out to remove your money and lock their account.. You can not lock my account and lock my money.. That's not gonna be accepted and i will have to file this case if my account is not unlocked for me to remove my money on it.

Not A Scam, But Not Worth It Either. Also Sort Of A Joke.

When I first joined, there were many perks:
1. Competitive APY without hoops to jump through to reach it.
2. Single account so I didn't have to shuffle money back and forth from savings.
3. Free global ATM usage.

These were all removed over the span of 3-4 years, making it pretty much useless.

1. Now, there is 0% APY on checking unless you *pay them* for Aspiration Plus™, *and* use your debit card for $1k a month of purchases.
To make matters even worse, they only pay the APY up to 10k, meaning you make max $8.33 a month.

Aspiration Plus™ is $7.99 a month, meaning you net 33¢ a month, *if* you tie up $10k in their account. Big whoop.

2. They forced the accounts to be split into a savings and checking account, only giving the feeble APY above for the savings account ("spend and save," they euphemize it).

3. As of this writing, I think they don't cover basically any ATM fees, or perhaps have a microscopic network.

Finally, their customer service is a joke in at least two ways. The first is that it takes almost 1.5 hours of holding to reach a representative. I had to do this two times to send a wire.

The second is that they make believe that they're helping/ saving the planet by having "green" investments or some nonsense. Cool, so enslaving lithium / cobalt miners in the global south, sounds morally compelling.

Which feeds into the overall joke that they expect you to *voluntarily* *donate* *to them*. Imagine giving more money to a bank which has full wherewithal to heavily-leverage / reinvest your deposits, making a ton for themselves regardless. Truly laughable and delusional.

Unresponsive And Unethical

Posted by: |

My account has been locked for 5 weeks! It started with an email stating my email address had been changed and progressed from there. 2 weeks ago I was informed the fraudulent activity had been resolved but I have still been locked out of my account. Getting someone on the phone or email takes an act of Congress and when you do they don’t have any answers other than it’s being “reviewed “! I tried canceling my accounts over the phone but that was denied too. If you are lucky enough to still have access to your funds, I suggest you pull them out now

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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
1.00%*-$10kAspiration Plus Save Account
OTHER TIERS: 0.10% $10k+
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.