Discover Card tried a biodegradable card a few years back but it was not as generous as this new card from Commerce Bank out of Kansas City. Sustain:Green MasterCard is a unique card with a set of features designed to fight climate change and sustain the planet. This card reduces your personal carbon footprint, funds rainforest preservation and reforestation, and is a biodegradable card with every dollar you spend.
This biodegradable credit card comes with no annual Fee and a low APR of 1.99% on Purchases and Balance Transfers for 6 monthly billing cycles after account opening, then a competitive rate of 12.24% to 18.24% APR.
You can reduce your carbon footprint by 2 pounds for every dollar in Net Merchandise Purchases. Plus, Sustain:Green will reduce your carbon footprint by an additional 5,000 pounds of carbon offsets when you make your first purchase within 90 days. Spend at least $1,250 in a calendar quarter and Sustain:Green will reduce your carbon footprint by an additional 2,500 pounds, up to an additional 10,000 pounds per year.
You can use their carbon calculator to figure out your personal carbon footprint and our tools to monitor how you are doing in reducing your footprint and aiding the fight against climate change. You can also earn additional carbon reductions by referring friends and family.
How do they do this carbon footprint reducing? This green-friendly card issuer has partnered with the non-profit American Carbon Registry and the Mata No Peito rainforest initiative to achieve their carbon reduction goals. Mostly by automatically retiring carbon offsets on a monthly basis through the American Carbon Registry.
They also provide typical Mastercard benefits such as environmentally friendly E-Statements, Optional Auto Pay, 24/7 Customer Service (except holidays) and Online Account Access, and $100,000 Travel Accident Insurance.
Overall it looks to be a great card when you want to feel better about your consumption and what it’s doing to the environment. Although, I prefer to get the rewards myself then decide what charity or green organization deserves my money from “hard earned” shopping.