Credit & Money Management
Cards That Benefit Planet Earth
When you spend, you help support renewable energy
By Joan Goldwasser, Senior Reporter, Kiplinger's Personal Finance
October 9, 2007
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Instead of taking a perk for yourself, you can now use your rewards points to support sustainable energy.
Wells Fargo cardholders enrolled in its Enhanced Rewards program ($19 annual fee; www.wellsfargorewards.com) may redeem points for renewable energy certificates. Redeem 5,000 for a $50 certificate from environmental-energy broker 3Degrees that is applied to renewable energy.
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Wells Fargo is matching redemptions dollar for dollar until November 4 up to $100,000. Wells Fargo participates in the Environmental Protection Agency's Green Power Partners Program and currently purchases 42% of its electricity from a wind-power provider.
The no-fee GE Money Earth Rewards Platinum MasterCard Card (www.gemoney.com) lets you choose between contributing 1/2% or 1% of your spending for greenhouse gas emissions offsets or cash (you can switch back and forth). GE AES Greenhouse Gas Services buys offsets once a year on Earth Day.
For the best credit card deals, see our tables.



