Future Partners with Rad Power Bikes to Slash Carbon Emissions

SILVER SPRING, MD – January 11, 2022 – Future partnered with Rad Power Bikes, the largest ebike brand in North America, to make electric mobility more accessible to its members.

With FutureCard Visa^®, cardmembers get 6% instant cashback for all purchases at Rad, that’s an additional savings of over $100 on most new ebikes*. Future promotes a sustainable start into the new year and offers savings for anyone looking to join the revolution in climate-smart mobility.

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"Rad Power Bikes and Future share a passion to offer fun and rewarding ways for individuals and families across the country to lower their carbon footprint", said Ian Haygood, Director, Performance Marketing at Rad Power Bikes. "We are excited about this partnership to bring the joy of riding to more people and show the positive impact it has on the planet."

According to a new study at Oxford University, people who cycled on a daily basis had 84% lower carbon emissions from all their daily travel than those who didn’t. Emissions from cycling can be more than 30 times lower for each trip than driving a fossil fuel car. A shift towards electric and shared mobility is a vital building block to reach a net-zero economy. Gas fueled transport is the largest contributor to carbon emissions in the U.S. There are an estimated 250 million cars on U.S. roads, with 59 percent of car trips just five miles or less. The EPA projects that if everyone in the U.S. left their cars at home for just half of their trips under one mile, it would save 2 million metric tons of CO2 per year, that’s the equivalent to taking 400,000 cars off the road.

“We are thrilled about the impact this partnership can have for our members, who actively look for ways to lower their carbon footprint,” says Jean-Louis Warnholz, CEO and Co-Founder of Future. “Rad is a great fit as pioneers in making ebikes more accessible and practical for everyday use.”

The FutureCard is one of several tools Future is building to help members to transition to climate-smart living and make informed decisions about their purchases and the impact on the planet. Cardmembers also get a free FutureScore, which offers the most accurate carbon footprint available and highlights personalized choices to decarbonize your life. For more information about Future's mission, please visit future.green.

* Banking services for FutureCard provided by First Electronic Bank, Member FDIC, and powered by Imprint Payments. *See Rewards Program Terms & Conditions for more details.

About Future™

Future is your personal assistant for climate-smart living, offering a set of financial tools to decarbonize your life. Our decision-engine analyses your spending and identifies options that are good for the planet and good for your wallet. Our first tool is the FutureCard, the first rewards card that offers 5% cashback and attractive rewards for green spending. Future makes it easy to do what's right for our future, simplifying the transition to a net-zero economy for individuals and families in every U.S. state and 35 countries globally.

About Rad Power Bikes™

Rad Power Bikes is the largest ebike brand in North America, with a community of more than 350,000 riders in more than 30 countries and thousands of business customers. Founded in 2007, the global consumer-direct company boasts a full lineup of affordable ebikes and accessories that are changing the way people and goods move. The global team of passionate ebike enthusiasts create products and service solutions that are purpose built whether that be for commuting, adventuring, delivery, or hauling kids. The company designs all of its products in-house at its Seattle headquarters and operates international offices in Vancouver, British Columbia, Utrecht, the Netherlands, and has teams in Shanghai, China and Taipei, Taiwan. The company has more than 20 Rad Mobile Service locations and 5 Rad Retail Stores and is expanding rapidly to serve riders across the U.S., Canada and Europe. Recognized by TIME, Fast Company, and INC. as one of the most innovative and influential companies in 2021, Rad Power Bikes is on a mission to build a world where transportation is energy-efficient, enjoyable, and accessible to all.