SAN FRANCISCO—There's a new card available that rewards cardholders for climate-friendly spending.
When consumers use the FutureCard Visa Card to make climate-friendly purchases, they earn 5% back in rewards.
Other purchases made with the card earn 1% in rewards. Trains, buses, subway, metro, light rail, and commuter rail purchases; online marketplaces for gently-used clothing and thrift stores; electric vehicle charging; bike shops; electric scooters, mopeds, and bike shares; plant-based meat, dairy, and egg products, The Motley Fool said.
“It's worth noting that rewards earned at a rate higher than 1% are capped at $25,000 in spending per calendar year,” The Motley Fool added.
The card is available through Futr, Inc., which does business as Future, and is being issued by First Electronic Bank.