Is aspiration a good bank?

It’s transparent about its pay-what-is-fair fee model. It has a high-interest Spend & Save account and a significant network of fee-free ATMs. Aspiration has some great feel-good features, but there are some things that make it difficult to fully commit to its platform.

What is an aspiration Spend & Save account?

The Aspiration Spend & Save Accounts are cash management accounts offered through Aspiration Financial, LLC, a registered broker-dealer, Member FINRA/SIPC, and a subsidiary of Aspiration Partners, Inc. (“Aspiration”). Aspiration is not a bank.

What are the phone hours at aspiration bank?

Phone hours are Monday through Friday, 6:00 a.m. to 6:00 p.m. PT, and Saturday and Sunday, 8:00 a.m. to 4:00 p.m. PT. Your deposits are FDIC insured through Aspiration's eight partner banks. Each bank insures up to $250,000, so you can insure more money than you would with a traditional bank account.

How much cash back does aspiration offer?

The basic plan also earns cash back for purchases at select merchants. Aspiration customers can earn 3% to 5% cash back rewards for debit card purchases at its Conscience Coalition merchants—merchants “that put ‘doing the right thing’ at the heart of their businesses,” most of which are certified B corporations.