Brighter Planet, a company which offers products that help individuals and companies fight global warming, has teamed with Bank of America to provide customers credit cards that can reduce their carbon footprint and fund renewable energy projects.
These cards are part of Bank of America’s new $20 billion 10-year initiative to support sustainable businesses.
You can read more about Bank of America’s green initiatives here.
The Cards
If you sign up for a Brighter Planet Check Card a percentage of what you spend will help fund renewable energy projects that can help reduce carbon emissions.
Brighter Planet works with Native Energy, a top supplier of carbon offsets, and uses these offsets to fund projects that help build wind turbines, farm methane and solar panels.
A Brighter Planet Visa Credit Card offers even more amazing incentives. For every dollar spent you can acquire points that will fund renewable projects each month.
When you reach 1,000 points you will offset one ton of carbon emissions, which is equivalent to taking a car off the road for 2,000 miles.
Just click on the card to apply:
Even if you’re not interested in a credit card, but you’d like to buy some carbon offsets, Brighter Planet offers a variety of them here.
This partnership between Brighter Planet and Bank of America is a great way for you to feel good about making credit card purchases, but an even better way to help you get involved in the green movement.
Hopefully more banks will catch on to this green idea.
l wonder how it works exactly. lf someone donate points, Boa is paying to Bright Planet. Then What does BoA gain from this?
Bank of America still gains because they charge the retailer or whoever swipes the card something like 3% of the purchase price. Whatever reward a credit card offers it’s users to encourage use of the card (weather it’s cash back, material gifts, airline miles, or funding for ecofriendly projects) will be less than the money it makes from people using the card, thus they’ll come out ahead.