Aspiration Account review + rate, $0 fees & ATMs globally |

Aspiration Account review

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Aspiration Account
  • Up to 2.00% APY interest
  • Free ATM access worldwide
  • Unlimited cash back rewards
  • 10% of the company's earnings support charities
Find out more Go to site

An interest-bearing account with no monthly fees and free access to ATMs around the world.

With a focus on doing good, Aspiration separates itself from other financial firms, donating 10% of its earnings to charity. Its Aspiration Account is also not technically a checking account, but it works much like one.

With this cash management account, you get to choose how much you’d like to pay in monthly service fees — if any at all. You’ll also enjoy free access to every ATM in the world and up to a 2.00% annual percentage yield (APY) on your entire balance. Moreover, with its mobile app, you can check your account balance and track businesses that make a positive impact on the world.

APY2.00% on balances of $10,000+ or deposit $1+ each calendar month into any Aspiration banking or investment account
Monthly fee$0
Minimum deposit to open$10
ATMsFree to use anywhere worldwide
ATM transaction fee$0
Out-of-network ATM fee$0
Foreign transaction fee0%
Overdraft fee$0
Nonsufficient funds fee$0
Deposit methodsMobile/remote check deposit
Bank transfer
Wire transfer
Direct deposit

What are the benefits of the Aspiration Account?

There’s no shortage of low-fee, high-interest online banks and financial institutions. But few let you support charities that change the world. Aspiration does, along with offering a number of other benefits:

Banking services for social good.

  • Charitable donations. Aspiration donates 10% of your fees to charities that increase economic opportunity. It maintains multiple funds to disperse its contributions, including the Poverty Fund, Water Fund, Education Fund and Environment Fund.
  • Aspiration Impact Measurement. Check the impact of your spending with its two ratings: a People Score and a Planet Score. Spend with high-score businesses to increase your Sustainability Score. The higher your score, the more confidence you have knowing your money is going toward improving the world.
  • Referral program. When you refer a friend, Aspiration will donate $25 to the charity of your choice and another $25 to one of your friend’s.

Banking services designed for you.

  • No monthly or overdraft fees. There is no mandatory monthly service or overdraft fee for this account, and other service charges are lower than its competitors. For example, wire transfers only cost you what Aspiration pays: $0.82.
  • Excellent interest rates. Aspiration offers an industry-leading interest rate. You’ll earn up to a 2.00% APY on your entire balance.
  • Free ATM usage. Use any ATM in the world for free. Aspiration won’t charge fees for using ATMs and will reimburse fees charged by other banks.
  • Unlimited cash back rewards. Earn cash back whenever you use your Aspiration debit card, with bonus rewards for spending at “businesses with a conscience”.
  • Low minimum opening deposit. The minimum to open an Aspiration Account is $10. That’s a low threshold, especially as big banks usually require at least $25.
  • Security. Deposits are FDIC insured, meaning balances up to $250,000 are protected in the event of a bank failure.
  • Easy access. Use the Aspiration mobile app or website to access your account online, including to check your account balance, view transactions, deposit checks, transfer money, pay bills and add money to your investment account. As of January 2019, the app had improved from a 3 to a 4.9 rating in the iOS App Store, while its Android experience has garnered a 4.1 rating in the Google Play store.

What to watch out for

Here are a few things to watch out for when opening an account with Aspiration:

  • No physical branches. Aspiration operates entirely online, meaning you’ll need to call or go online to contact customer service, and check deposits can only be made through your mobile app.
  • Optional monthly fee. While there is no mandatory monthly fee, Aspiration makes money from donations or tips, ranging from $0 to $10, and it donates 10% of your optional monthly payment to charity.
  • Limited product selection. Aspiration doesn’t offer savings accounts, money market accounts, CDs and other common accounts, so you might want to keep looking if you want to do all your banking at one institution. This also means you can’t link your account for overdraft protection.

Compare the Aspiration Account to top checking accounts

Name Product APY ATMs Fee
2.00% on balances of $10,000+ or deposit $1+ each calendar month into any Aspiration banking or investment account
Free to use anywhere worldwide
A high-interest account that operates like a checking account with no monthly service fees, free access to every ATM in the world, unlimited cash back rewards and deposits insured by the FDIC.
Access to 16,000 ATMs and nearly 5,000 branches nationwide
(can be waived)
Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit within 60 days of opening your account. Chase's simplest checking account is easy to use and gives you access to 16,000 ATMs and nearly 5,000 branches.
16,000 Chase ATMs and nearly 5,000 branches
(can be waived)
If you’re new to Chase, get $200 when you open this account and complete qualifying activities. It boasts convenient features to help small and growing businesses reach their goals.
You’ll get fee-free access to over 56,000 ATMs around the world
A full-service account with convenient, surcharge-free access to two massive ATM networks.
1,000 fee-free ATMs across the country
Pay a $0 monthly service charge and get free access to BBVA Compass ATMs.
0.01% on balances of $5+
Surcharge-free HSBC ATMs nationally and internationally, plus up to four rebates a month for using non-HSBC ATMs in all US states except New York
(can be waived)
Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance Checking account with qualifying activities by June 2, 2019

Compare up to 4 providers

How do I apply?

You can apply for the Aspiration Account online within minutes:

1. Visit the Aspiration website and click Sign Up at the top right corner.
2. Enter your email address and click Get Started. Aspiration will send you a link to sign up for an account.
3. Open the email from Aspiration and click Join Now.
4. Create an account by entering your email address and creating a password.
5. Complete the application with information like your name, date of birth, Social Security number and employment information. Fund your account with an opening deposit and pay a fee if you’d like. Then review your deposit and submit your application.


  • US citizen or permanent resident.
  • At least 18 or older.
  • Have a Social Security number.
  • Have a permanent US address.

Required information

  • Personal information like your name and birthday.
  • Contact details including phone number and address.
  • Social Security number.
  • Employment information.

How do I make deposits or withdrawals?

Despite being an online-only institution, it’s easy to access your money:


  • Mobile check deposit.
  • Direct deposit.
  • Online transfers.
  • Wire transfers.


  • Visit any ATM worldwide.
  • Bill pay.
  • Wire transfer.
  • Online transfers.

How do I contact customer service?

To get in touch with Aspiration customer service you can:

  • Call:800-683-8529
  • Tweet: @Aspiration
  • Email:Fill out the form on the Aspiration contact page

What other products does Aspiration offer?

Aspiration can help you grow your investments or save for retirement all while donating to charity.


With a $100 minimum deposit, you can get started with Aspiration’s managed funds:

  • Redwood Fund. Invest in companies that support sustainable environmental policies.
  • Flagship Fund. Invest in multiple mutual funds at once to spread your risk.


Open an IRA with a $100 minimum deposit. Choose between the Redwood IRA and Flagship IRA.

Bottom line

Aspiration offers an excellent interest-bearing account with industry-leading rates and almost no fees. Best of all, you’ll rest easy knowing you’re working with a socially conscious firm. It’s rare to see any company donate a portion of its profits, and Aspiration sets an admirable example. However, this company isn’t without its weaknesses — it doesn’t offer physical branches and has a limited product lineup.

But before opening an account, you should compare your options to find an account that suits your financial needs.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

2 Responses

  1. Default Gravatar
    kerirayJanuary 6, 2019

    What is the daily ATM withdrawal limit on this debit card?

    • Avatarfinder Customer Care
      BellaJanuary 6, 2019Staff

      Hi Keriray,

      Thanks for the inquiry.

      The daily limit cash withdrawal for Aspiration account is $500.

      I hope this helps.

      Kind regards,

Go to site