GE Money Earth Rewards Platinum MasterCard: Spend on your credit card and make the planet greener

Duran Mueller
Jul 27, 2007
View Author Bio
Digg It Del.icio.us
Furl It Reddit
Google My Web

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.