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	<title>News from the green world - ZeGreen.com &#187; Citizenship</title>
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	<link>http://www.zegreen.com/environment</link>
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		<title>Credit Cards&#8217; Latest Pitch: Green Benefits</title>
		<link>http://www.zegreen.com/environment/credit-cards-latest-pitch-green-benefits/</link>
		<comments>http://www.zegreen.com/environment/credit-cards-latest-pitch-green-benefits/#comments</comments>
		<pubDate>Thu, 18 Sep 2008 17:04:33 +0000</pubDate>
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				<category><![CDATA[Citizenship]]></category>
		<category><![CDATA[Climate]]></category>
		<category><![CDATA[Financials Stocks]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[environmental]]></category>
		<category><![CDATA[gas emissions]]></category>
		<category><![CDATA[global warning]]></category>
		<category><![CDATA[greenhouse]]></category>

		<guid isPermaLink="false">http://www.zegreen.com/environment/?p=29</guid>
		<description><![CDATA[Banks Pay &#8216;Rewards Points&#8217; For Environmental Projects; Weighing the Interest Rates
Your credit card can help save the planet. That&#8217;s the message companies are pitching to consumers as they roll out new credit cards designed to cash in on people&#8217;s worries about global warming.

These &#8220;green&#8221; cards allow users to channel a percentage of their spending toward [...]]]></description>
			<content:encoded><![CDATA[<p>Banks Pay &#8216;Rewards Points&#8217; For Environmental Projects; Weighing the Interest Rates</p>
<p>Your credit card can help save the planet. That&#8217;s the message companies are pitching to consumers as they roll out new credit cards designed to cash in on people&#8217;s worries about global warming.</p>
<p><span id="more-29"></span></p>
<p>These &#8220;green&#8221; cards allow users to channel a percentage of their spending toward efforts to cut greenhouse-gas emissions. <a href="http://online.wsj.com/quotes/main.html?type=djn&amp;symbol=GE" target="_blank">General Electric</a> Co.&#8217;s Earth Rewards MasterCard, launched in July by the company&#8217;s GE Money unit, targets as much as 1% of total spending on the card toward emission-reduction projects.<a href="http://online.wsj.com/quotes/main.html?type=djn&amp;symbol=bac" target="_blank">Bank of America</a> Corp. followed in November with its own green card, Brighter Planet Visa, which matches every dollar spent with one point that can be accumulated and traded in for &#8220;carbon offsets.&#8221; Carbon offsets are meant to reduce the impact of emissions made somewhere else &#8212; such as by planting trees. Additionally, Storm Lake, Iowa, savings bank MetaBank, a unit of <a href="http://online.wsj.com/quotes/main.html?type=djn&amp;symbol=CASH" target="_blank">Meta Financial Group</a> Inc., in August launched its GreenPay MasterCard, which also allows users to accumulate carbon offsets with each purchase.[...]</p>
<p><a title="Credit Cards' Latest Pitch: Green Benefits" href="http://online.wsj.com/article/SB120225763311445823.html" target="_blank">Full article</a> &#8211; Via : <a href="http://online.wsj.com/" target="_blank">©online.wsj.com</a></p>
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