Global warming is the latest threat to our beloved earth's fragile environment.
Everybody is concerned, but General Electric has taken a bold step in involving
the masses to counteract this growing menace. How would you feel if the rewards
on your credit cards are used to offset your role in global warming? Yes, GE
is doing precisely that with its new GE Money Earth Rewards Platinum MasterCard.
The GE Money Earth Rewards Platinum MasterCard, will allow the cardholders
to forgo a 1 percent cash rebate on purchases and contribute this amount for
activities and projects that help combat global warming by reducing greenhouse
gases and carbon emissions. For every $100 spent on an Earth Rewards Platinum
MasterCard, GE offers $1 in carbon offsets. If the card holder feels the pinch
of money, he can opt to reduce his contributions to half and take the other
half as cashback reward.
The big question however is do we all contribute to carbon emissions and have
our role in global warming? How do we calculate the effects of our daily activities
on global warming? Check it out at myearthrewards.com, the new card’s
Web site, here you can calculate the carbon footprint and read tips for reducing
it. When it comes to environment, there is no denying the fact that every bit
of contribution will help us counteract this problem and prevent further damage.
According to GE "...even small purchases add up. Twenty-five cents —
or 1 percent of a $25 purchase — can offset a month’s emissions
from a refrigerator. If someone charges $750 each month, 1 percent would come
to $90 for the year — enough to offset air conditioning, driving and pretty
much all of the activities that yield the 10 metric tons of greenhouse gases
that consumer produces each year on average."
GE is doing every bit to keep the GE Money Earth Rewards Platinum MasterCard
as green as possible. There are no paper applications, so that trees are saved.
Online and applying by phone is the only option. Though the federal law requires
the credit card issuing company to sell paper bills, GE is encouraging the users
of GE Money Earth Rewards Platinum MasterCard to view, receive and pay their
bills online. What more, to save paper and protect trees GE will refrain itself
from advertising through direct mail, instead it will use online advertising
on websites like Google and treehugger.com.
The GE Money Earth Rewards Platinum MasterCard will help the environmentalist
within each one of us to act in a positive manner toward protecting our mother
earth. By simply spending with the GE Money Earth Rewards Platinum MasterCard
consumer's get a very easy way to contribute their part in keeping the earth
greener and better for the generations to come.