This New Credit Card Lets You Give to Charitable Causes With Each Swipe

America's 200 million credit cardholders are better at accruing rewards than spending them. Last year, we failed to redeem about $16 billion worth of loyalty points, one survey showed. Apparently, what motivates us to get cards in the first place isn't the extras on offer. It's the simple convenience of having plastic when we need it.

If you're someone who doesn't care much about rewards, you might consider Charity Charge. A new MasterCard issued by Commerce Bank, it gives away your cash-back bonus to a nonprofit of your choice, including K-12 schools, colleges and religious institutions.