In Brief

A new offering lets people donate cash-back bonuses directly to the nonprofit of their choice with every use

Every year, over $16,000,000,000 in credit card rewards points go to waste. A new MasterCard credit card, the Charity Charge Card, is a way to remedy this waste and do good at the same time. It is the perfect credit card for those who want to ensure their credit card rewards financially support important social justice issues. It was started by Charity Charge, a public benefit corporation.

The CEO and Founder, Stephen Garten, wants to make it convenient for people to give. The company does not make any profit from charging consumers or nonprofits. Also, unlike other similar cards, there are no processing fees tied in. The accumulation of a user’s one percent cash-back goes straight to charities. Anyone is eligible to apply for the card and there is no annual charge. The charity you want to support is up to you and these preferences can be changed at any time.

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