If you have kids (or even if you don't) you should sign-up for Upromise. Upromise is a great program that helps you save for college by doing something you already do, shop!
What is Upromise?
Upromise is a rewards program that's purpose is to help save money for college by rewarding you for making purchases of participating products and through participating retailers.
What are participating products and retailers?
Too many to name! Pretty much every online retailer you can think of (Target, Home Depot, Lowe's, JC Penney, etc.) as well as a lot of products you buy at stores like Beech Nut Baby Food. You can search their site for more info.
How will they know I made a purchase of a qualifying product or through a qualifying retailer?
There are several ways. If you install their handy tool bar, you will automatically be redirected through the upromise link to receive your savings for purchasing from an online retailer, or you can choose to go through the upromise site to link to retailer if you do not wish to install the toolbar. You can register your credit card with upromise so purchases at qualifying stores can be rewarded. For those wary about entering credit card information online, you can also choose to apply for a upromise credit card and it will automatically track your purchases. For stores and grocery stores, you can enter your store rewards card online to receive credit for purchasing eligible products. *For Publix you will need to go to customer service to ask for a Upromise card, since they do not have a store card. They will give you a card/ key fob for you to scan when you purchase groceries.
What can you do with the money you earn?
There are a few options. You can do nothing and leave it there until you decide, you can transfer it to a 529 plan, you can use it to pay off a Sallie Mae loan, or they can send you a check to pay for college expenses.
What if I don't have kids?
That's fine! You can set yourself as the beneficiary, and if you have kids change it later, or if you don't have kids later, you can use it toward your past or future education plans.
What do I need to do to sign-up?
- Click Here
- Enter in all your info
- Add a store card or credit card now, so you can start saving!
- Download their toolbar for even more ways to save!
Their e-coupons! They don't count as money off your purchase, but you can earn some money for a lot of common grocery items. Sometimes the item may be completely free when you purchase it and then you make $1 in Upromise rewards. You can also check out different retailers on their site for promotional codes to reduce your online shopping totals or get free shipping.
They are also running a sweepstakes right now, so you could even win $10,000 for signing up! So click below to sign-up and don't forget to add your cards so you can start saving now. It's free money, so don't wait, start earning now!
