Australia's first carbon-neutral online transaction account from Suncorp calculates a customer's estimated carbon emissions by multiplying the amount spent by the average carbon emissions produced by that industry.
The Carbon Insights Account offers a 0.01% p.a. variable interest rate with no fees including monthly or foreign currency conversion fees.
Customers can open up to nine sub-accounts, with savings able to be set aside using Suncorp flexiRates.
Suncorp's Carbon Insights Account is available via the Suncorp app on Apple's App or Google Play store, offering Osko payments.
Suncorp Bank CEO Clive Van Horen said with the Carbon Insights Account, Aussies can start to make more thoughtful decisions about how we buy and what we spend.
"If you drove your car, charged your phone or bought a coffee today, chances are those choices influenced your carbon footprint," Mr Van Horen said.
“This is why we have become the first Australian financial institution to be certified carbon neutral for both our operations and personal deposit transaction accounts.
"It means customers can bank with us knowing that we are not only carbon neutral as an organisation, but so are our personal deposit transaction accounts which include the Carbon Insights Account."
Image by Valiphotos via Pexels
Ready, Set, Buy!
Learn everything you need to know about buying property – from choosing the right property and home loan, to the purchasing process, tips to save money and more!
With bonus Q&A sheet and Crossword!
Harrison Astbury
Rachel Horan
