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Now You Can Green Up Your Credit
By reli4nt
GE released a new credit card that promises toinvest 1% of consumer purchases to emission reduction projects. Consumers can opt for half of 1% as cash back and the other half to fund offsets. Each year on Earth Day you will recieve a report showing how your off sets balance will reduce emissions.
GE estimates:
If 100,000 cardholders spend $750 per month, the annual offsets retired would total approximately one million metric tons, equivalent to removing more than 175,000 cars from American roads for one year.
As a further step, GE requires applications to be filed online or by phone to avoid paper, and while required by law to offer paper statements, they encourage cardholders to opt for electronic ones.
For more information you can visit GE's Earth Rewards site business?
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