Aspiration Bonus Promotions: 3.0% – 5.0% APY for New Accounts

Aspiration is a fintech company that offers a Spend & Save Account that acts like like a checking and savings account through their partnership with Coastal Community Bank (and others).

They are not a bank but you get bank-like protections as a result, so your money there is FDIC insured for up to $250,000 (you actually get much higher protections because they partner with several banks – as of May 2022, they work with ten partner banks).

Aspiration’s goal is to provide banking services to customers who care about building a more sustainable future. Whereas other banks may invest in oil pipelines or profitable projects that lead to bad outcomes for the planet, Aspiration promises to do none of that.

They also have a “pay what is fair” fee model on their base Aspiration account. In terms of a monthly fee, you get to choose what you want to pay and that can be $0. Their Aspiration Plus account, which is a mandatory $7.99 per month fee ($5.99 per month if you pay annually), comes with more perks, higher interest rate, and other protections. You can learn more about the Aspiration Spend & Save account in this review.

If you are interested in this account, do you want to know how you can make $150 to $200 for opening an Aspiration Spend & Save Account through their Sign-up & Spend Bonus?

Table of Contents
  1. Aspiration $150 Bonus / $200 Sign-Up Bonus
  2. Aspiration Spend & Save — 3.00% APY or 5.00% APY
  3. Aspiration Zero Card – $300 Cash Bonus
  4. How Does This Offer Compare?

Aspiration $150 Bonus / $200 Sign-Up Bonus

What happened to the Aspiration $150 Bonus and the $200 Bonus? It expired in July 2022 and Aspiration has yet to bring it back. For years, they had that as their standard offer but they haven’t brought it back after it expired earlier this year.

Previously, the offer was $150 or $200 cash bonus when you opened an Aspiration Spend & Save account and spent $1,000 within the first 60 days of opening the account. It was a nice and easy offer that plenty of folks took advantage of.

For now, the active promotion is a higher APY on their Spend & Save account. Details on that below.

Aspiration Spend & Save — 3.00% APY or 5.00% APY

Aspiration previously had a cash bonus offer when you opened an account and reached a certain level of spending with their card. This was replaced with an offer of a much higher interest rate on your savings.

If you open an Aspiration account, you will earn up to 3.00% APY on your savings with a $1,000 per month spend. The minimum opening balance is just $10 and the monthly fee is a “Pay What Is Fair,” even if it’s zero.

If you open an Aspiration Plus account, you will earn up to 5.00% APY on your savings with a $1,000 per month spend. Again, the minimum opening balance is just $10. The monthly fee is a $7.99 per month or $5.99 per month if you pay annually.

Learn more about Aspiration

Aspiration Zero Card – $300 Cash Bonus

Aspiration has a credit card – the Aspiration Zero Card that offers a decent cash bonus that seems pretty easy to achieve. Simply spend $3,000 in the first 90 days and earn a $300 bonus.

The card itself has sustainability benefits too, like planting a tree every time you make a purchase, plus 1% cash back when you get to “carbon zero.” This simply means that you get 1% cash back after you make 60 qualifying transactions in a month (pretty high bar honestly) or by rounding up change on 30 qualifying transactions.

The bonus is independent of that though and there’s on downside – there is a $60 annual fee.

Get $300 from Aspiration Zero

How Does This Offer Compare?

With no monthly fees on the standard Aspiration account, it’s nice to get a higher APY on your savings when you spend $1,000 within the first 60 days of account opening.

It’s not a big cash offer like some other banks but it might make sense to have this around for the higher APY.

Here are a few other comparable offers:

⭐ BMO Smart Advantage Checking – $400

BMO Bank is offering a $400 bonus* when you open a BMO Smart Advantage Checking and when you have a total of $4,000 or more in qualifying direct deposits within the first 120 days. It is a very straightforward offer that is available nationwide.

*Conditions apply

👉 Click here to learn more

⭐Citi Priority Account – up to $2000

Citi Priority is offering up to $2000 bonus when you open an account by 1/9/2024. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.

👉 Click here to learn more

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH923 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

👉 Click here to learn more

Bank of America – $200 Bonus Offer

Bank of America offers a $200 Bonus Offer cash bonus if you open a new account and Set up and receive qualifying direct deposits totaling $2,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.

👉 Click here to learn more

Chase Total Checking® – $200

Chase Bank will give you $200 when you open a Total Checking account and set up and receive a direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!

👉 Click here to learn more

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About Jim Wang

Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

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Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

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