GreenFi - Mobile Banking 3.1.1

Investing in environmental sustainability while earning potential returns is the hallmark of this financial product. The offering claims an APY of up to 3.00%, subject to certain terms and conditions, and emphasizes social responsibility aligned with climate change mitigation efforts.

The Checking & Savings Account feature allows account holders to spend, save, and invest with an environmentally conscious approach. Notably, each purchase funds the planting of a tree, contributing directly to reforestation initiatives, and deposits are explicitly not used to finance fossil fuel exploration or production. Account holders benefit from unlimited withdrawals at over 55,000 Allpoint ATMs, and there is a provision for early access to payroll funds—up to two days earlier than standard settlement

In terms of disclosures, the accounts are issued through Coastal Community Bank, Member FDIC. Insurance coverage limits and the structure of the FDIC pass-through system are detailed and subject to change. The product also includes a GreenFi Debit Card issued by Coastal Community Bank under Mastercard licensing, noting that GreenFi itself operates as a separate entity and is not a bank.

Additional services include a system where transactions are rounded up to the next dollar, with excess funds directed into a dedicated savings account supporting environmental projects. There are also provisions for at-cost extra services such as wire transfers and optional contributions through a Pay What Is Fair program, which supports nonprofit partners.

The GreenFi Cash Back program offers rewards that are generally credited monthly but remains subject to change and potential reversals in cases of abuse or fraud. The early direct deposit feature is contingent on payor support and operational timings, with no absolute guarantee of early fund availability.

The variable interest rate on the GreenFi Savings Account depends on specific criteria—such as monthly debit card spending—and users should consult the linked disclosures for full details. Moreover, the program’s banks have committed that deposits will not be used for financing oil, gas, or coal extraction activities.

For comprehensive terms, conditions, and policy information, prospective users are encouraged to review the official website at greenfi.com/policies.