Bunq will help customers become CO2 free in less than two years

By Aisling Finn on Thursday 2 April 2020

Digital Banking

To date, the digital bank has helped customers plant over 100,000 trees.

Bunq will help customers become CO2 free in less than two years
Image source: Bunq's CEO Ali Niknam

 

Bunq, the Dutch app-only bank, has announced it’s launching a new initiative to help its customers become carbon neutral.

From today, both Bunq Premium and Bunq Business users can upgrade their subscription to Bunq Premium SuperGreen and Bunq Business SuperGreen and start planting trees for every card payment they make. 

Following a poll of its customers, Bunq revealed that 81 per cent of users were interested in being able to plant trees every time they spend using their card.

So from now on, all Bunq customers will be able to plant a tree with every €100 spent, not just those who currently hold a Bunq Green Card.

Read more: Mastercard and Bunq to expand Green Card availability to 30 EU countries

Users of the Euro-only bank will also be able to see how many trees they have helped plant in real-time in the app.

By Bunq’s calculations at the current tree-planting trajectory, it will take users just two years to completely offset their carbon footprint, making them carbon neutral.

Ali Niknam Bunq’s CEO, who founded TransIP, the third biggest domain name and web hosting provider in the world, said: “At bunq, we want to make green easy. That’s why we’re the only bank in the world that enables you to become completely CO2 free in less than 2 years.” 

“We’re extremely excited to announce that, starting today, our users can plant trees with every card payment they make”, he added.

This launch comes just a few weeks after the digital bank revealed it was extending its partnership with Mastercard to roll out its Green Card across Europe.

Bunq also revealed that its Green Card had helped its users to plant over 100,000 trees, the equivalent to 32,560 flights from Paris to New York.

The European challenger bank hopes to plant at least half a million trees by the end of the year.

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