If you don’t have a child headed to college and decide to open an account, you have a couple of options:
Save for Someone else: You have the option of designating a beneficiary of the funds you earn in your Upromise Account. You can save for your child, your sister or brother, cousin, friend, next door neighbor or virtually anyone you wish.
Save for Yourself: Save to help yourself with college costs or withdraw the funds to use for whatever. Withdrawing money is as simple as mailing in a withdrawal request.
The money you earn can be saved in a 529 plan, credited towards your student loan or saved in your Upromise account.
Earning money for your Upromise account is as simple as doing what you do every day. Once you sign up and link your debit, credit and/or grocery rewards card, everything is automatic. More than 550 companies and over 8,000 restaurants will give you college contributions through Upromise. The percentage cashback you earn is listed on the website in the company list. You can also earn money for shopping online through the Upromise website.
Like to dine out at your favorite restaurant? Sign up as a preferred diner and earn up to 8% towards your college savings if the restaurant is a participating member. You don’t have to guess if the restaurant is a participating member. Just pop in your zip code under dining and you’ll get a list.
There are numerous ways to earn money with Upromise. Considering opening an account today. It’s free, easy and takes no time to sign up.