October is Breast Cancer Awareness Month. If you’re looking for ways to support the cause that don’t involve breaking a sweat or your bank account, you might be surprised to find that you can contribute through shopping. Check out these X ways your rewards cards can support the breast cancer cause – one swipe at a time.
Breast Cancer Credit Cards
Also referred to as ‘socially responsible cards’ or ‘affinity cards’, charity credit cards are an alternative type of rewards card and make for an easy way to show your support for a charitable cause such as breast cancer. Available by card issuers both big and small, there are dozens of financial institutions that have partnered with non-profit organizations to help them generate funds for breast cancer research, to support breast cancer patients, and to raise awareness. While donation structures and amounts will vary from card to card, many of these charitable credit cards donate funds for every account that is opened, donate funds for every year that a card remains open, and/or make a donation for a percentage of every card transaction. Opting for a card that does a good deed means that you can likely expect your card to forgo having an annual fee.
Charity Charge Card
The most versatile charity credit card available in the industry, Charity Charge allows you to donate 1% cash back of every purchase to the non-profit organization of your choice. During the month of October, Charity Charge is offering a special sign up bonus and will donate $25 to Making Strides Against Breast Cancer (which is part of the American Cancer Society). The beauty of this credit card is that you can update your charity of choice at any time, allowing you to contribute to all the causes that you’re passionate about.
Stand Up To Cancer® Credit Card
Stand Up To Cancer (SU2C) has partnered with Fifth Third Bank to help generate funds for innovative cancer research. This card will donate $5 to the organization for every year that the account is active, as well as 0.2% of every transaction amount. Cardholders can also indulge in earnings for their own pockets as they’ll earn 1X points per dollar spent when can be redeemed for statement credit, cash, or gift cards. Keep in mind this card must be applied for in-person at a physical branch.
Susan G. Komen® Cash Rewards Visa®
If you’re looking for new ways to support the breast cancer cause year-round, Bank of America has partnered with Susan G. Komen in conjunction with its Pink Ribbon Banking initiative. In addition to donating $3 every year that an account remains open %0.08 of every transaction will be donated to the cause. Plus, it doesn’t hurt that this card also gives its cardholders a little something too, offering 3% cash back in the category of their choice, 2% back on groceries and wholesale clubs, and 1% back on all other purchases.
Breast Cancer Debit Cards
Credit cards don’t get to have all the fun when it comes to contributing towards a good cause. There are several debit cards that will automatically generate funds for breast cancer as well.
HawaiiUSA Visa® Pink Platinum Credit Card
Please note: This credit card is no longer available. For those located outside the continental United States, the Hawaii FCU offers a credit card that will automatically donate 0.10% per transaction to the Making Strides Against Breast Cancer program (up to $20,000 per year). With a potential APR as low as 8%, owning VISA Pink Platinum is both charitable and practical.
BancorpSouth Pink Card Mastercard® Debit Card
Every little bit counts and BancorpSouth will donate 1 cent for every debit card transaction up to $12,500 per year – one of the higher donation amounts compared to other breast cancer cards. The specific breast cancer organization(s) that receive the funds may vary, as they are selected within the local areas.
MidFirst Bank Pink Visa® Debit Card
This card boasts the largest signup bonus donation amount of all the cards listed here and will give a whopping $50 to the Stephenson Cancer Center at the University of Oklahoma for every Pink Card that’s opened. You will need to visit a physical brank in order to apply, so this impressive offer can only be taken advantage of by locals. In addition to that generous initial donation, every transaction using your Pink Card will raise $0.05 for the– which is the largest donation-per-transaction rates available from both breast cancer debit and credit cards. In order to cash in on this generous contribution cardholders must use their Pink Card at least six times a month.
Watch Out for “Pinkwashing”
If you’re purchasing a pink item with the intention of supporting the breast cancer cause, look for detailed information on how that company supports a charitable organization:
- Which organization(s) the company is supporting?
- How much of the proceeds will be donated?
Looks can be deceiving, and Breast Cancer Awareness Month is rife with companies hoping to cash in. Many companies create pink or pink-ribbon versions of their current products that look like they support research and/or treatment, but actually just sit in the company’s coffers. However, you can rest assured that credit and debit cards mentioned above will contribute to legitimate breast cancer organizations.