Treecard review
- Fee
- $0 per month
- APY
- N/A
Our verdict
This prepaid debit card lets you plant trees as you spend.
The company partners with Ecosia, a nonprofit search engine that plants trees. For every $60 you spend with your wooden Treecard debit card, one tree will get planted. The company also earmarks 80% of its profits to fund reforestation projects managed by Ecosia.
But the perks don’t stop there. This account is 100% free to use and you can track your spending and environmental impact directly in the mobile app.
But it currently has a multi-step signup process, and it doesn't support cash deposits or remote check deposits.
Pros
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Wooden debit card
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Every purchase reforests the planet
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Zero fees
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Consumption tracking
-
Dedicated customer service
Cons
-
Requires additional signup steps
-
Must load funds
-
Card replacement fee
How do I open a Treecard account?
Follow these steps to get your Treecard:
- Visit the Treecard website.
- Click Get the Card to initiate the sign up process. Click Start.
- Enter your email address, phone number and first name.
- Type what country you live in and how you heard about Treecard.
- Answer a few questions about your potential card activity.
After you signup, you’ll receive an email invitation to order your Treecard within 24 to 48 hours.
Eligibility
Open a Treecard account when you meet these requirements:
- At least 18 years old
- Full-time US resident
Required information
Treecard will ask for this information when you sign up:- Full name
- Date of birth
- Residential address
- Social Security number
What are the benefits of a Treecard account?
Treecard is FDIC insured and comes with a mobile app where you can freeze your debit card, set up spending notifications, split bills with friends and more. It offers these unique perks:- Wooden debit card. Each account comes with a Treecard debit card that’s made out of sustainably sourced FSC cherry wood. The plastic inside of the card is made from recycled bottles.
- Every purchase reforests the planet. The company plants one tree for every $60 you spend with your Treecard. Plus, the company donates 80% of its profits to reforestation.
- Zero fees. The company makes money from merchant interchange fees instead of consumer fees, which means it’s completely free for you to use.
- Consumption tracking. Monitor your spending and track how many trees you’ve helped plant straight from the Treecard mobile app.
- Dedicated customer service. Treecard account holders have 24/7 account support by email and phone.
What should I look out for?
Treecard is a breath of fresh air in the banking space, but there are still a few potential things to watch out for:- Requires additional signup steps. The initial card application only gets you an email invitation to sign up. You’ll need to follow the instructions to finish the signup process.
- Must load funds. While your Treecard is linked to your bank account, you’ll need to manually add money to your account. You can also set up autoload deposits to trigger a transfer once your balance drops under a set amount or you can schedule recurring deposits.
- Card replacement fee. The only fee that you’ll pay is for a new card if yours is lost, damaged or stolen.
If you’re looking for an eco-friendly account you can open today, check out these socially responsible banks.
Treecard‘s ATM network and fees
Treecard is a Mastercard debit card you can use to withdraw cash from your balance, but the company doesn’t have its own network of ATMs. While Treecard doesn’t charge a fee to withdraw cash, the ATM operator might.Compare Treecard with other accounts
Use this table to see how Treecard compares to other accounts:
How do I deposit or withdraw my money?
Treecard doesn’t support cash deposits, wire transfers and remote check deposits. But you can access funds using these methods:Deposits
- Direct deposit
- ACH transfer from another account
Withdrawals
- Debit card purchases
- ACH transfer to another account
- Mobile wallets
- Venmo
Frequently asked questions
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Your reviews
Cassidy Finder
Writer
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