The world of credit cards is undergoing a green revolution as companies strive to make their plastic cards more sustainable. With over 26 billion plastic credit cards in circulation, the impact on the environment is significant. However, some card issuers are taking steps to incorporate more eco-friendly materials into their card designs.
One company leading the charge is Treecard, which created a wooden debit card as a more sustainable alternative to traditional plastic cards. While wooden cards may not be the norm yet, there is a growing trend towards using recycled plastics in card production. Companies like TerraCycle are working to recycle credit cards by shredding them into tiny pieces and separating the plastic and metal waste for reuse.
In a major announcement, Mastercard has committed to requiring all newly produced cards in its network to be made from sustainable materials starting in 2028. Other issuers, such as Bank of America and U.S. Bank, have also pledged to use recycled materials for their cards. Additionally, some companies are experimenting with alternative materials like polylactic acid (PLA) made from non-food corn for their card designs.
While the transition to more sustainable credit cards may take time, consumers can also play a role in making a difference. By opting out of junk mail, returning expired metal cards for recycling, and embracing digital card options, individuals can help reduce the environmental impact of credit card production. As the industry moves towards greener solutions, the future of credit cards may become more eco-friendly and sustainable.