Can You Really Save Money for College with Your Credit Card?
You bet you can save money for college with your credit card. Sure, it is going to take some time to add up, and probably won’t cover your entire education or that of your child, but still, it adds up to additional money you can use toward educational purposes. With the ever-rising cost of a college education, it’s nice to have one more option to help pay the bills.
UPromise
UPromise is a program that allows consumers to sign up to receive points toward money for college education. It can be applied to several different things, including store savings cards and credit cards. When you purchase items with the UPromise logo, you get rewarded.
Bank of America
UPromise and Bank of America have teamed up to bring you the UPromise credit card. With this card, which is linked directly to your UPromise account, you are given the opportunity to earn more and more toward and education. The first use of a card will bring the cardholder a $25.00 bonus. After that, there is added savings and 1% cash back will be deposited into the cardholder’s UPromise account for each purchase. Bank of America also offers bonuses on these cards. For every qualifying grocery store or drugstore purchase made, the cardholder will get an addition 10% in their account. The savings can really add up! There are also gas card and dining card options which will bring you some nice cash back for college and additional savings on fuel and food. With so many participating merchants, these cards are a great choice for those wanting to save up some cash for that expensive but valuable education.
To top it off, UPromise credit cards carry no annual fee and have no cap on the rewards that can be earned. as long as you pay your balance and use your card often but responsibly, the UPromise card can bring you a lot of educational expense benefits as well as tons of savings on everyday grocery purchases, a trip to the drugstore, filling up your tank and good eats! Sounds like a credit card worth having for the parent or student who really needs to save up for college.
Related posts:
(No Ratings Yet)
Loading ...
