We created Charity Charge, to provide a free and easy way for you to make a difference simply through the every day credit card purchases you’re already going to make.
Charity Charge is a Public Benefit Corporation based in Austin, Texas and founded by social entrepreneur Stephen Garten (read his story). We believe in creating more profits for your nonprofit
“Every purchase made with the Charity Charge card generates a 1% cash-back, and there are no processing fees when you send the money on (the charity gets the whole amount). Other bank-charity tie-ups offer 0.5% or less of the cash-back amount, or they involve high processing fees. For example, American Express charges 2.25% to process donations, reducing what recipients actually get.”
“Existing affinity cards also allow people to make a donation with each purchase, but often the return isn’t as high. Bank of America’s Susan G. Komen card, for instance, which gives part of every purchase to the breast cancer foundation, donates only 0.08 percent, according to the Chicago Tribune. So, if you were to stack up a $10,000 credit card bill, the charity would get $8. The same amount spent on the Charity Charge card would generate a $100 donation.”
“Americans fail to redeem billions of dollars worth of credit card rewards each year, but now the Charity Charge MasterCard gives your 1 percent cash reward to the nonprofit of your choice and it does not deduct a processing fee which means your charity gets the full amount.”
New Way to Startup Pitch – Charity Charge
Launch Day in 1 Minute!
First Purchase with a Charity Charge Card!
From Commerce Bank:
With our extensive experience managing credit card programs, we are well-suited to partner with Charity Charge as it launches what’s really a first-of-its-kind product. Our relationship with Charity Charge underscores Commerce Bank’s focus on fostering financial technology and social responsibility. – Chad Doza, Senior Vice President of Consumer Card Products
What MasterCard is saying:
MasterCard is deeply committed to ‘doing well so we can do good,’ Charity Charge fits that profile. The company has found an innovative way to give consumers the flexibility to take the cash back they earn on purchases and allocate it to nonprofits in the way they choose,” said Cheryl Guerin, executive vice president, Global Products and Solutions for North America, MasterCard.
Globally recognized leader in payments that is accept around the world.
Founded over 150 years ago. Ranked by Moody’s as one of the top 7 banks in the country for credit strength.
The #1 provider of nonprofit information in the world.
One of the largest and most respected donation processors in the US.
