Credit Cards Going Green

cards.jpg

Barclaycard Breathe:

  • will only issue online statements 
  • all advertising for the credit card will also be done online
  • old credit cards will go into a recycling scheme
  • the cards themselves will be made out of PETG, a greener alternative to traditional plastic
  • Breathe cardholders will receive discounts and lower-rate borrowing when they buy energy saving products or services, such as public transport tickets
  • Barclaycard also promises to donate 50% of its after-tax profits from Breathe to environmental projects around the world that are dedicated to reducing carbon emissions

Wells Fargo

  • added eco-friendly choices for its reward card holders
  • use points to back renewable-energy projects (points ranging from 5,000 to 10,000), to support the development of green power

Bank of America and Citibank

  • plan to add green points this year or next

Bright Planet                                                                                  

  • will soon introduce Bright Card, which will benefit clean-energy projects
  • Earn 1 EarthSmart™ point for every $1 spent in net retail purchases.
  • Points are automatically redeemed monthly to help fund renewable energy projects.
  • Every 1,000 points will fund an estimated 1 ton of carbon offsets.
  • Every 1,000 points is roughly equivalent to taking a car off the road for 2,000 miles, or powering and heating/cooling your home for a month.

Bank of America's WorldPoints Rewards

  • use points to buy environmental merchandise
  • eventually card holders will be able to donate points to groups that invest in greenhouse gas reduction

Citigroup

  • a program of environmental projects that will include credit card green rewards
  • its card rewards will soon add environmental products, such as compost systems and recycled milk-carton furniture

Affinity Cards

  • provide donations to nonprofit organizations whose logo or image is featured on the card like…
  • Amex RED

Salmon Nation Visa Card

  • Half of the income generated for Shorebank from the card goes to "Salmon Nation" an economic, cultural and ecological community collective in the bioregion that contains Pacific salmon spawning grounds
  • Help Support Salmon Nation

 

 

Permalink Comment

Leave a Comment