What is an aspiration account?

This is the name Aspiration gave to their all encompassing cash management account, which includes a checking (Spend) and savings (Save) balance. The key idea to remember about the account is that your benefits are based on whether you have an Aspiration account or an Aspiration Plus account.

What bank does aspiration partner with?

The bank that Aspiration partners with may change but currently it appears to be Coastal Community Bank, FDIC #34403. They’ve been in business since 1997 and are headquartered in Everett, Washington. Aspiration Spend & Save Account This is the name Aspiration gives to their cash management account.

Is aspiration a sustainable bank?

Users can even get a sustainability score on their own spending habits. To be clear, Aspiration is not itself a chartered, federally insured bank. It’s a financial firm offering a cash management account like Fidelity Investment’s cash management account.

What is the difference between aspiration spend and aspiration save?

Aspiration Spend is a non-interest bearing securities account with electronic transaction functionality. Aspiration Save is a securities account that, through the Insured Bank Deposit Program, permits you to earn interest on your available cash.