Tuesday, June 8, 2010
Upromise College Savings
Have you heard of Upromise? It's a cashback site similar to Ebates or Shop At Home, except that instead of getting a percent cash back from purchases in a check that gets mailed to you, you get a percent cash back deposited into your Upromise savings account. The Upromise savings account can then be rolled into a 529 college savings plan for your children!
You can get Upromise savings in the form of ecoupons (loaded onto your store cards), gas purchases, online shopping, restaurants, travel, and even home or auto financing!
All you have to do is register your store savings cards and your debit or credit cards within your secure account. Then once a qualifying purchase is made, the savings are deposited automatically! You don't even have to think about checking Upromise before you buy -- they automatically credit you for the correct purchases. It's super simple.
You can have other family members' credit or grocery cards linked to your account as well. I actually have my mom's credit card linked to my account, and I get savings pop up about once a month from wedding gifts she buys! I love it.
I noticed the other day when I was browsing the savings in my Upromise account that I received some savings from the grocery shopping I did at Smith's during the double coupon promotion. So that means the items I bought that were dirt cheap already became just a little bit cheaper because of Upromise!