Why Karma Wallet Membership Fee? 

Here’s the thing: the Karma Wallet Membership isn’t just another fee. It’s an investment in you, your values, and a more sustainable future.

October 28, 2024

Introduction

We know what you’re thinking—“Another membership fee? Really?” We get it. With so many subscriptions vying for a slice of your wallet, committing to $40 a year can feel like a tough call. But here’s the thing: the Karma Wallet Membership isn’t just another fee. It’s an investment in you, your values, and a more sustainable future.

Imagine a financial tool that doesn’t just help you save—it helps you make an impact with every purchase. That’s what the Karma Wallet Membership is all about. From earning cashback** that’s actually worth it to supporting causes that matter, we’re here to make sure every dollar you spend is doing more than just buying stuff—it’s shaping a better world. 

Here’s why the $40 membership is more than worth it, and why Karma Wallet isn’t just another card or financial tool—it’s your secret weapon in the fight for a more sustainable, ethical, and impactful way to spend.

karma wallet membership

1. The Perks of the Karma Wallet Membership

The Karma Wallet Card* – The main membership perk is the Karma Wallet Card*, a prepaid reloadable debit card that empowers you to live more sustainably. You can reload money onto the card and use it anywhere Visa is accepted. When you buy gas on it, we donate to reforestation. When you dine out with it, we donate a meal to someone in need. It’s that simple!

Earn up to $300 cashback a year –  Our cardholders don’t just break even—they get ahead. With an average of $300 cashback*** annually, you’re making your money work harder, and it’s paying off.

Up to 20% cashback** with 1,000+ Brands –  From your favorite ethical fashion brands to eco-friendly home goods, you can earn up to 20% cashback** when you shop with over 1,000 participating companies.

Free shipping on DoneGood –  For those who love to shop responsibly, this perk means never worrying about shipping fees on DoneGood—one of the largest marketplaces for ethical products. Plus, you’ll earn 10% cashback on every purchase!

Karma Score Breakdown & Company Ratings –  Make informed choices with insights on over 18,000 companies. It’s like having a pocket guide to ethical shopping, rating brands on everything from environmental impact to labor practices. Plus, we highlight each brand’s unique Company Values – from Energy Efficiency to Sustainable Sourcing – so you can find the brands that align with your personal values.

karma wallet membership

2. What Sets Karma Wallet Apart from Other Services

Impact-Driven Spending: Unlike other prepaid debit cards that only focus on your pocket, Karma Wallet lets you make a difference with every swipe. Buy gas, and you’re funding reforestation. Dine out, and you’re helping to fight hunger. It’s not just about saving money—it’s about spending with purpose. 

Holistic Membership Ecosystem: The Karma Wallet Membership includes a ton of different perks – from our Karma Wallet Card* to our 18,000+ Company Ratings to our DoneGood Marketplace. We’re more than just one financial tool – we are a holistic ecosystem of products and services that make it easy for you to live, shop, and learn sustainably.

Transparency and Trust: We prioritize safe and secure transactions, with multi-level data encryption and a responsive customer service team. The Karma Wallet Card* includes FDIC Insurance up to $250,000, and allows you to shop worry-free with Visa’s Zero Liability Policy****. 

Support for B Corp & Ethical Brands: Your spending directly supports businesses that are committed to doing good. Every transaction is a vote for a better future, amplifying the impact of B Corp and other mission-driven brands. Plus, Karma Wallet itself is a B Corp and Member of 1% for the Planet – and we donate 5% of revenue to non-profits as a Public Benefit Corporation.

3. Where Does Your $40 Go?

Operational Costs for Security & Transparency: Your fee helps maintain advanced security features, ensuring that every transaction is safe, your data is protected, and your impact is real.

Supporting Nonprofits: Your spending helps fuel donations to nonprofits that work on the front lines of key issues like reforestation, clean water access, and hunger relief. 

When you buy gas, we donate towards reforestation projects with our partner One Tree Planted. To date, we’ve planted over 4,600+ trees that will mature and sequester carbon each year – while providing local communities with fair, stable employment. 

When you dine out or order food delivery, we donate towards Feeding America – providing a meal to someone experiencing food insecurity across the country. 

As a Public Benefit Corporation and a member of 1% for the Planet, we also donate 5% of our revenue to non profit organizations. 

In short, both your $40 membership fee – and your daily spending – does good for people and the planet by fueling nonprofit organizations that are making a real impact.

Platform Development: We’re continually evolving—upgrading the platform, expanding partnerships, and enhancing the app experience to make spending sustainably even easier. Right now we have 18,000+ company ratings, 12,000+ local cashback offers, and 1,000+ global cashback offers. As we grow Karma Wallet, your membership fee empowers us to expand the offers we bring you – creating even more positive impact in the process.

4. Creating Change Through Personalized Insights 

Our community has already influenced over $280 million in spending, steering dollars towards brands that do good. 

With 2.2 million transactions tracked, 51% of our users report they make more conscious spending decisions after they receive their Karma Score – kind of like a credit score for sustainability. We’ve seen that when our community gets knowledge about what their daily spending supports, they make more ethical shopping decisions. 

It’s proof that when you spend differently, you change the world.

Have you received your Karma Score? Create a free account HERE to find yours.

Get Started: The Karma Wallet Membership

Think about the other things you spend $40 a year on—like one month of a streaming service, a couple of fancy lattes, or a gym class or two. Now imagine redirecting that money towards a membership that helps you save, earn, and give back all year long.

Not only does the Karma Wallet Membership pay for itself through cashback** on the Karma Wallet Card* and exclusive perks, but it empowers you to make every purchase a vote for a better future. 

So, what’s the value of $40? 

For us, it’s more than a membership fee—it’s a commitment to transparency, impact, and financial empowerment. With Karma Wallet, your everyday purchases aren’t just transactions; they’re opportunities to align your money with your values. 

Ready to make every swipe count? Join us, and let’s redefine the power of spending together.


*The Karma Wallet Visa® Prepaid Card is issued by Pathward®, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. The Karma Wallet Visa Prepaid Card is powered by Marqeta. The Karma Wallet Visa Prepaid Card can be used everywhere Visa debit cards are accepted.

**This optional offer is not a Pathward product or service nor does Pathward endorse this offer. Up to 20%* cashback with eligible brands. 

*** $300 average cashback per year with a $500 month average monthly spend.

****Visa’s Zero Liability policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact your issuer for more detail.