Credit Cards

Banks that issue credit cards generate revenue from various fees and any interest paid on credit card balances. Rather than support a bank that funds companies with unethical practices, you can use a credit card issued by a bank that supports progressive causes. Some credit cards also generate donations for reputable, national non-profit organizations working for social and environmental welfare.

Top Progressive Credit Cards

We searched for progressive credit cards that met stringent criteria. First, the credit card must be backed by a leading community development bank that is a certified B Corporation, meaning it has undergone an external review of social responsibility. Second, a percentage of every purchase should be donated (at no cost to you) to a non-profit organization with a strong track record of success. Third, no one wants to sacrifice the good deals we get with mainstream banks, and thus we only considered credit cards with travel/shopping rewards, no annual fee, and special introductory offers. Fourth, the application process should be easy and convenient; it should not involve snail mail or faxes. Finally, use of the card should not require a checking or savings account at the affiliated bank.

 

Beneficial State Bank Credit Cards

Several progressive credit cards are backed by Beneficial State Bank, a leading community development bank that is a certified B Corporation. Credit cards are available to support such organizations as Amazon Watch, Green America, League of Conservation Voters, and Sierra Club. For example, when you make purchases with the Sierra Club card, you’ll be supporting the transition to a green energy economy; protecting wildlands; promoting environmental justice; promoting fair and sustainable international trade; and promoting the elimination of toxic chemicals in consumer products and the environment.

sierra club

 

 

 

Pros

– Backed by Beneficial State Bank, a leading community development bank that is a certified B Corporation
– Percentage of every purchase is donated to a high-impact NGO
– Reward points for travel and shopping
– No annual fee
– Special introductory offers
– Easy online application process
– Does not require a checking or savings account at the affiliated bank

 

Credo Visa

This card met most of our criteria. When you make purchases with the Credo card, you’ll be supporting progressive non-profit organizations fighting for social justice, women’s rights, environmental protection, marriage equality, and peace.

Pros

– 10 cents of every purchase is donated to a high-impact NGO
– Reward points for travel and shopping
– No annual fee
– Special introductory offers
– Easy online application process
– Does not require a checking or savings account at the affiliated bank

Cons

– Issued by Comenity Bank, which is not a community bank and has received numerous complaints through the Better Business Bureau. It is not a certified B corporation.

 

Sea Shepherd Visa

This card met most of our criteria. When you make purchases with the Sea Shepherd card, you’ll be supporting a non-profit organization that protects ocean wildlife and coral reef.

3oov55no1

Pros

– Percentage of every purchase is donated to a high-impact NGO
– Reward points for travel and shopping
– No annual fee
– Special introductory offers
– Easy online application process
– Does not require a checking or savings account at the affiliated bank

Cons

– Issued by UMB, which is not a certified B corporation.