The GE Money eco MasterCard

The GE Money eco MasterCard is the first credit card in Australia with a dedicated program that purchases carbon offsets on behalf of cardholders via Origin's Carbon Reduction Scheme. These contributions help fund projects such as reforestation, renewable energy, water and wastewater treatment, land and habitat conservation, energy efficiency and other environmental initiatives that meet the strict standards.

GE Money eco MasterCard - Help the Environment when you spend

Every time you spend on your GE Money eco MasterCard, you'll contribute to projects that offset greenhouse gas emissions, helping you offset your carbon footprint and work towards a healthier planet.* Start making a difference today.

We're all trying to do our bit to make a difference to the environment. Whether it's taking shorter showers, recycling the newspaper or cycling to work, Australians are showing that they care about the world around them. Now, as well as making environmentally friendly changes in your home, office and on the road, you can make a positive change just by using your credit card.

The new eco MasterCard from GE Money is the first credit card in Australia with a dedicated program that purchases carbon offsets on behalf of cardholders. By spending on your GE Money Eco MasterCard, you'll contribute to emission reduction and avoidance projects.

If 100,000 people spend $600 per month with the eco MasterCard, the carbon offsets accumulated each year would total over half a million tonnes - the equivalent of taking 115,000 cars off the road for a year.

As an eco MasterCard cardholder, you can choose to contribute an amount equal to 1% of your purchases‡ to emission reduction projects, or contribute 0.5% and get 0.5% cash back, as a credit to your account.^

Your contribution is then used to help fund projects such as reforestation, renewable energy, water and wastewater treatment, land and habitat conservation, energy efficiency and other environmental initiatives that meet the strict standards developed by GE AES Greenhouse Gas Services and assessed by GreenOrder, a specialist third party.

While changing your credit card may seem like a small thing, it can make an enormous difference. Just paying a $55 mobile phone bill on the eco MasterCard, each month for 12 months, will allow us to purchase enough greenhouse gas credits to offset the annual emissions of a large screen TV (if it's watched 6 hours per day).

Latest Australian Finance News from Money-Au.com.au

• Latest Finance News
• Featured News Articles
• Personal Finance Hints and Tips

• St George Chief to Step Down
• Fortescue Denies Sovereign Wealth Fund Stake Sale
• Santander To Issue Kangaroo Bonds
• Foreign Banks May Withdraw From Aussie Corporate Loan Market
• Aussie Inter-Bank Lending Easing Up
• NAB Cuts 350 Jobs at its UK Unit. Banking Industry Fears More Cuts at Home
• ANZ May Cut Up To 3500 Jobs Before Christmas
• Big Banks Want to Hold on to Big Depositors
• CBA Takes A Beating
• ANZ Appoints New Chairman

• Foreign Banks May Withdraw From Aussie Corporate Loan Market
  Foreign banks with Australian operations are considering abandoning the domestic loan market altogether. Such a move would mean that Australian borrowers would be pushed into tight corners facing serious funding pressures.
• No Huge Savings in Switching to a Variable Rate Home Loan
  One could be forgiven for looking at declining interest rates, and feeling a little buyers remorse if you recently took out an Australian mortgage and opted to pay a fixed interest rate. Switching from a fixed to variable interest rate could save mortgage holders several thousand dollars a year. But if you have recently taken out a home loan and chose to pay a fixed rate, then exiting the agreement is simply cost prohibitive.
• Need A Good Broker for All The Cheap stocks out There? Try St. George’s Directshares.
  Warren Buffet thinks that stocks all over the world are attractively priced right now. He seems to have an awful lot of confidence in US equities and is putting his money where his mouth is. In fact I would have to agree with him and my own personal view is they do seem cheap to me. But just after I bought some equities at the beginning of November, world equity markets went into free fall and I found myself having to return time and again to Mr. Buffet's op-ed piece in the New York Times for comfort, when the pain it seemed, was just too much to bare.
• Read more featured finance news articles

• How to find the right Credit Card for you
• Rise and rise of zero-interest credit cards
• What is the credit crunch?
• Smart cards - the credit card for the 21st century
• The rise of the debit card
• Aussies 'turning cents into dollars with savings'
• The changing shape of home loans
• Exit fees hit thousands of Aussies
• Exploring the home insurance industry
• Cashing in on raising rates

   

* Conditions, fees and charges apply. Offsets accrued on first $50,000 purchases only each year. Carbon offsets will be purchased on Earth Day, 22nd April, each year. ^Credits will be applied to your account in May of each year. ‡Purchase spend doesn't include returns, cash advances or balance transfers. ~0% p.a. special balance transfer annual percentage rate applies for up to six months from account opening. The interest rate on unpaid balance transfer then reverts to the standard annual percentage rate. †Interest free days on purchases applies if you pay your account in full by the due date every month. Cash advances are subject to interest from the date of withdrawal. You will not receive interest free days on purchases if you have an outstanding balance transfer. See the Conditions of Use for further details. Approved applicants only. Interest rates are current as at and are subject to change. Credit provided by GE Capital Finance Australia (ABN 42 008 583 588), trading as GE Money.