Over the past few years, a number of community members have requested that we consider offering a Shambhala credit card as a way of both increasing Shambhala’s visibility in the world and of introducing a new income stream for the organization. After much research and discussion, the Kalapa Council received the Sakyong’s blessing to launch Shambhala’s own Visa credit card in partnership with Ashoka Credit Union, founded by Chögyam Trungpa Rinpoche in 1975 to serve the Shambhala community.
Many large and well regarded environmental and social groups have affinity card programs. Greenpeace, Amnesty International and Oxfam stand out as globally aware organizations who offer a branded credit card to support their transformative work in the world. People also say that cards with unusual logos spark conversations with others.
We are especially pleased to be offering this through Ashoka Credit Union—the Shambhala community’s very own financial institution. To learn more about the Vidyadhara’s view of banking and lending, we invite you to read this interview with Mr. Alex Halpern on the Shambhala Times.
Anyone who has a connection with Shambhala may apply for the Shambhala Affinity Rewards Visa Classic ® Credit Card. A percentage of each credit card purchase will go to Shambhala, without incurring more cost to you than you currently pay with most other credit cards.
The financial terms of the card are equivalent to most other credit cards and has a competitive travel and rewards program.
More than 100 people are currently using the Shambhala credit card. The experience has been positive thus far. People like the fact that this card functions much like any other card, and has an airmiles and reward program. Ashoka is able to take real care with each application so that nobody is encouraged to go into debt. In this way, Ashoka provides a virtuous service, and the card becomes primarily a transactional convenience card for its users.
We realize that the decision to use a credit card is an entirely personal one. We hope that those of you who do use credit cards will consider applying for a Shambhala Visa card so that your regular everyday purchases can also benefit Shambhala. Thank you for your consideration!
For more information about Ashoka Credit Union, please visit http://www.ashokacreditunion.org/.
For more information about the Shambhala Affinity Rewards Visa Classic ® Credit Card:
- Credit Card Fact Sheet
- Financial terms
- Questions may be directed to Ashoka Credit Union at [email protected] or by phone at 303-444-9003 or (toll-free) 844-723-9249.
* To apply now, simply print the application form and return it by fax or regular post to the address listed at the top of the application form.
If you prefer Ashoka to email or send a copy of the application form to you by post, please request one at [email protected] or by phone at 303-444-9003 or (toll-free) 844-723-9249.