# Purpose Finance — Ethical banking and rewards > Ethical banking and rewards for sustainable brand shopping. (iPhone/iPad app by Purpose Finance Inc.) - Source: https://appshunter.io/ios/app/purpose-finance/id1546736128 (this page in markdown: same URL + `.md`) - Developer: [Purpose Finance Inc](https://appshunter.io/developer/1546736130) - Category: Finance - Price: Free - Rating: 4.21/5 from 38 App Store ratings · 15 written reviews indexed - Age rating: 4+ - Requires: iOS 14.0 · 36 MB - Languages: English - Released: 2021-07-20 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/purpose-finance/id1546736128/reviews.md ## What is Purpose Finance? The Purpose card and banking app power informed consumption and reward you for shopping with ethical and sustainable brands. ## Key features - Ethical banking - Rewards for sustainable shopping - Informed consumption tools - Card and app integration ## Recent user reviews (10 of 15) All indexed reviews: https://appshunter.io/ios/app/purpose-finance/id1546736128/reviews.md ### 1/5 — Disappointing *2023-08-09* Tried to set up an account on the app. For some reason my identity was unable to be confirmed. After emailing several times with the bank, they continued to inform me that I will not be eligible for an account. Although I can prove my identity, only the rudimentary ID software can be used. They can’t reset it, and they have no formal procedure to ID me. I’m incredibly frustrated - I’m an ethical vegan and this is the bank I want. Hoping they resolve this issue soon because they are eliminating a portion of their target customer base for very unreasonable circumstances. ### 1/5 — Disappointed *2022-05-22, version 1.1.0* I don’t like that I am put on a waitlist for an invitation…it tells me I’m not valued and not really wanted. No information is given as to how long the waitlist is, or when I can hear a follow-up. I would like to move to an ethical bank but only if they VALUE ME and MY MONEY…. ### 5/5 — Vegans Unite *2022-04-14, version 1.0.24* I have been vegetarian 17 years and vegan for 6 years and its always been a challenge finding businesses with similar morals an values as mine but with purpose banking that is not that case. I am beyond thrilled to have found a place to keep my money that is transparent and trustworthy!!! ### 5/5 — Best customer support EVER!!! *2022-04-14, version 1.0.24* I had some questions after setting up my account so I reached out to the support team and I was IMPRESSED with how quickly they responded to my message. They answered all my questions and really made me feel like they valued me as a customer. Will be recommending to others!!! ### 5/5 — Best Bank EVERRR!!!! *2022-04-10, version 1.0.21* okay so I have to say I was pleasantly surprised by Purpose! I would have never imagined finding a banking system that would meet all my banking needs while so aligning with my beliefs and morals. I highly recommend to all my vegan and non vegan pals!!! ### 5/5 — Happy! *2022-03-07, version 1.0.18* I am super happy to be part in this PURPOSE, that respect all forms of life! Thank you for this initiative! ### 4/5 — Just Started! Looking good so far *2021-12-05, version 1.0.14* The app runs incredibly smoothly: very clean design. Getting an account was really straight forward, and only took a few minutes! Mind you, the app doesn’t have many features that you would get at a full-on bank, but as a person who doesn’t need things like checkbooks or investments, this app is perfect. This won’t replace my main bank or my main credit card, but it will definitely be my primary card when I’m shopping for certain essentials and everyday products since I’m vegan and many of these discounts are really good. I can’t wait to start using my card when it gets here in a few days! I’m passionate to see how this app turns out! I’m vegan btw ### 1/5 — Not really banking *2021-10-27, version 1.0.12* I was so excited about this option to get away from big banks, but going to sign up and reading the terms of service I find out that you can only deposit to your account from another bank account in your own name, meaning that you still have to have another bank account, which defeats the purpose for me. Not being able to deposit paychecks or even do direct deposit. This is more like a credit card than a bank. I had such high hopes and sadly am really disappointed. **Developer response:** Thank you for your feedback! We love it when users switch away from unethical banks to Purpose and apologize for any confusion in this area. Account holders can absolutely setup direct deposit to Purpose by providing their account and routing number to their employer. For those users who prefer it, we do also allow transfers from other external bank accounts. A Purpose account is a standard checking account and debit card which can be used to receive payroll deposits, pay bills, and spend anywhere Mastercard is accepted. If you ever have trouble with the app, we are happy to provide assistance or suggest alternative ways to fund your account. Feel free to email us at human@purposebanking.com for a speedy response. ### 5/5 — A VEGAN BANK *2021-09-15, version 1.0.9* They are a VEGAN BANK!!! Holy smokes, I did not realize that was a thing! If you care about animals AT ALL, if you care about the ongoing GENOCIDE that CAPITALISM wages EVERYWHERE, spend ALL your money on purpose!!! 🐓🐠✊🏿 ### 5/5 — The world needs this *2021-08-25, version 1.0.7* We need to find ways to live more sustainably and I’m so thankful Purpose exists. This is an awesome product from an amazing team and I can’t wait to see what the future holds. Thank you Purpose! ## Frequently asked questions about Purpose Finance ### What is Purpose Finance? Purpose Finance is a free mobile banking app that rewards users for shopping with ethical and sustainable brands. It offers a card and app to help you make informed consumption choices. ### Is Purpose Finance secure? While specific security features are not detailed, the app is available on iPhone, iPad, and iPod, suggesting it adheres to standard mobile security practices. It is rated 4.2 stars from 38 ratings. ### What devices support Purpose Finance? Purpose Finance is available for iPhone, iPad, and iPod devices. It is rated 4.2 stars from 38 ratings. ### How often is Purpose Finance updated? The latest version, 1.2.8, was released on September 4, 2023. This indicates regular updates to the application. ### What is the age rating for Purpose Finance? Purpose Finance has an age rating of 4+, making it suitable for a wide range of users. It is rated 4.2 stars from 38 ratings. ### What kind of transactions does Purpose Finance support? Purpose Finance rewards users for shopping with ethical and sustainable brands, implying support for retail transactions. The app and card power informed consumption. ### What do users like about Purpose Finance? Users appreciate the app's focus on ethical banking and rewards for sustainable shopping, as reflected in its 4.2-star rating from 38 ratings. ### Can I use Purpose Finance if I don't have an iPhone? Currently, Purpose Finance is supported on iPhone, iPad, and iPod devices. It is rated 4.2 stars from 38 ratings. ## Version history (last 5 releases) ### 1.2.8 — 2023-09-04 Design updates and bug fixes ### 1.2.7 — 2023-07-03 Bug fixes ### 1.2.6 — 2023-06-26 Bug fixes and design updates ### 1.2.5 — 2023-05-30 Bug fixes and design updates ### 1.2.4 — 2023-05-15 Design updates ## Apps similar to Purpose Finance | App | Rating | Price | Category | | --- | --- | --- | --- | | [Grind24 - Mobile Banking](https://appshunter.io/ios/app/grind24-mobile-banking/id1599201404) | 2.9 (20) | Free | Finance | | [Apollo: Stock Debit Card](https://appshunter.io/ios/app/apollo-stock-debit-card/id1586417029) | 4.4 (92) | Free | Finance | | [DogeCard - Dogecoin Rewards](https://appshunter.io/ios/app/dogecard-dogecoin-rewards/id1582868891) | 4.8 (472) | Free | Finance | | [ICONIC - Mobile Banking](https://appshunter.io/ios/app/iconic-mobile-banking/id1579785998) | 3.6 (14) | Free | Finance | | [Wedge - Spend With Any Asset](https://appshunter.io/ios/app/wedge-spend-with-any-asset/id1551849931) | 4.5 (59) | Free | Finance | | [Dora – Mobile Checking](https://appshunter.io/ios/app/dora-mobile-checking/id1528758595) | 3.6 (67) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*