Treecard review

How do I open a Treecard account?

Follow these steps to get your Treecard:

1. Visit the Treecard website.
2. Click Get the Card to initiate the sign up process. Click Start.
3. Enter your email address, phone number and first name.
4. Type what country you live in and how you heard about Treecard.
5. 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.

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:

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ATM withdrawal (low-high)ATM withdrawal (high-low)

Product	Fee	ATM withdrawal	Features
PayPal Prepaid Mastercard®	$4.95 per month	$2.50	Faster access to deposits PayPal Prepaid mobile app Open a savings account PayPal Payback Rewards	Go to siteMore info Compare	loading Fetching your data...
Netspend® Visa® Prepaid Card	$9.95 per month (or $5 with a $500+ direct deposit, or $0 with pay-as-you-go)	$2	Get paid faster Easy loading Control your finances Card customizations Mobile app Savings account	Go to siteMore info Compare	loading Fetching your data...

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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:

Frequently asked questions

• How does Treecard plant trees?

  Treecard partners with Ecosia, a search engine that plants trees, to organize reforestation projects. The company plants trees one of two ways: through natural reforestation and landscaping.

• Why does Treecard use wood for its debit cards?

  Treecard chose wooden debit cards to reduce plastic use. The company states it can produce 300,000 debit cards from a single tree. At this rate, Treecard only needs a few trees to produce all of its cards. It’s planting millions of trees in exchange.

• Does Treecard work with ApplePay and Google Pay?

  Yes. You can add your Treecard to ApplePay, Google Pay and Samsung Pay.

  If you primarily use a digital wallet to pay for purchases, you can increase your environmental impact even more by declining a physical Treecard when you get the email saying it’s ready to ship.

• What is Ecosia?

  Ecosia is a nonprofit search engine that’s planted over 110 million trees around the world. It manages all of Treecard’s reforestation projects.

  Ecosia invested $1 million in Treecard in October 2020 for a 20% stake in the company.

Finder Scores: What they mean

If you want peace of mind, this rating will give it to you. These products offer the best value and outcomes considering various product features, terms, conditions and price.

Well-balanced products that provide what you need, offering a healthy mix of competitive features at a good price. However, they're not quite the best in class.

Bottom line: You can find better, but these products still offer reasonable value and have the basics sorted.

These products may not offer much value in the long run, and there are better options available.

Treecard is not currently available on Finder

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