Aspiration Spend & Save Account Disclaimers

The Aspiration Spend & Save Account is a cash management account offered by Aspiration Financial, LLC, a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Aspiration Financial, LLC (Aspiration Financial) provides brokerage services and securities products. Its affiliate company, Aspiration Fund Adviser, LLC, an SEC-registered investment adviser, provides investment advisory services. Aspiration Fund Adviser, LLC and Aspiration Financial, LLC are subsidiaries of Aspiration Partners, Inc. Neither Aspiration Partners, Inc. nor any of its subsidiaries is a bank. Aspiration pledges to donate 10% of our profits to charities.

The Annual Percentage Yield (“APY”) associated with the Aspiration Spend & Save Account is variable and accurate as of 02/21/2019. Rates may be changed from time to time without notice. To earn 2.00% APY in any calendar month, a deposit of at least $1 in that calendar month into any Aspiration cash management account or investment account, or a single end of day Aspiration Save balance of $10,000 or more during the calendar month is required. If neither of these is met, the APY will be 0.00% for that calendar month. Minimum deposit required to open a Save Account is $10.00. Pay What Is Fair fees debited directly from the Save Account could reduce earnings. For more information, click here.

Customers will earn Cash Back on all debit card purchases. Customers may also earn additional Cash Back for purchase made at selected merchants. Cash Back percentages are subject to change at any time without notice. Cash Back will be credited to customer’s Aspiration Spend Account once at the end of each calendar month. Aspiration reserves the right to reverse Cash Back transactions under certain circumstances and the right to terminate a customer’s Cash Back feature for any abuse of the feature. This Cash Back reward program is subject to change by Aspiration at any time without notice. For more information, click here.

[Earn up to 200x] *The Aspiration Spend & Save account is a cash management account. Interest rate and Annual Percentage Yield (APY) comparisons are based on a comparison of Aspiration’s Spend & Save cash management account 2.00% APY to the following savings account APYs reported by Bankrate for 12/28/2018: Wells Fargo (0.01% APY), Chase Bank (0.01% APY) and Bank of America (0.03% APY). Note that cash management accounts and savings accounts may each offer different features. Neither Aspiration Partners, Inc. nor any of its subsidiaries is a Bank.

All ATM withdrawal fees will be waived for your Aspiration Spend & Save Account. In addition, your account will automatically be reimbursed for all ATM fees charged by other institutions while using an Aspiration Debit Card linked to your account at any ATM. The reimbursement will be credited to the account within 2 business days of the ATM fee debit. Please note, there is a foreign transaction fee of one percent that is not waived, which will be included in the amount charged to your account. Aspiration Debit Card is issued by Coastal Community Bank, Member FDIC, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

[Zero fees] Aspiration is committing to “All Extra Services Provided at Cost,” meaning that we’ll only charge you what it costs us to provide the extra service (such as a wire transfer), and not a penny more. Besides these at-cost service charges, the only account fee you pay is the fee you choose, even if it’s $0, which is why we call it Pay What Is Fair.

“Big Banks” refers to the largest consumer depository banks in the country.