Get the gamechanging green banking app that helps you save the planet. Plant trees as you spend with your Tred card, and track your carbon footprint in real-time in the Tred app. Use Tred Connect to link all your other accounts to see your entire footprint.
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I've been using my Tred card for a few months now and I love it. It's such a great idea and it helps me to do what I can towards shopping/spending sustainably!
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Brilliant product! The app tracks your carbon footprint and makes it really easy to see the aspects of your lifestyle that have the biggest impact. Such a great tool for people who are interested in fighting the climate crisis 🌍
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This is such a cool idea. One thing, though. What's the ratio of money spent to trees planted?
@shubham__dogra Hi Shubham - good question. every time you make a transaction, the retailer pays a small fee called the 'interchange fee'. Normally card providers keep their cut of this fee for themselves, but at Tred, we have committed to using 10% of the revenue we earn from this payment to fund tree-planting projects. 🌳
We have also committed to planting 15,000 trees with the Mastercard Priceless Planet coalition 🌍
We fund different tree planting projects around the world, and the cost per tree differs at each project, so we can't give you an exact ratio of spend in to trees, because it depends on individual projects how many trees they can plant per amount donated.
Although each tap of your card only contributes a little bit, over time it'll add up! And importantly, it lets all our customers fight climate change at no extra cost, and without doing anything differently at all.
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@will_smith_tred Thanks. For the answer and your initiative. And, congratulations on the launch!
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