In the spirit of giving? Give and you can receive an extra 2 percent college savings on eligible online purchases at Upromise.com with the Upromise World Mastercard® Credit Card
Upromise by Sallie Mae helps holiday shoppers be festive yet financially fit
NEWTON, Mass., Just in the nick of time for holiday shopping, Sallie Mae’s Upromise has made giving even more rewarding and offers tips to save when you spend.
“With coupons, free shipping and meaningful rewards, we’re helping holiday shoppers save on their spending so they can enjoy the season and stay on budget,” said David Coppins, president of Upromise. “Last year Upromise members earned $12 million in college saving rewards during the holidays, and we want to spread the joy even more this year. We’re doing that by offering members an extra 2 percent in college savings when they shop with participating online retailers at Upromise.com and pay with the Upromise credit card.”
To help budget-minded gift-givers be festive yet fiscally responsible, Upromise suggests the following:
* Make a list and check it twice. Create a shopping list and a budget for how much you want to spend. Then, look for sales and coupons to make your money go further. Always track your purchases and keep your receipts for easy returns and full refunds.
* Make credit cards count. If a credit card is your payment method of choice, the Upromise World MasterCard® credit card from Bank of America now gives you an additional 2 percent back on eligible online purchases at more than 700 participating online retailers that can be directed towards education expenses. This is in addition to the 1-25 percent members earn from online retailers by shopping at Upromise.com and on top of the 1 percent that cardholders earn for all other purchases made with the Upromise credit card. When using your credit cards, always stick to your spending plan. To learn more about the Upromise credit card and the new 2 percent online shopping benefit, go to Upromise.com/cardretailers.
* Leave cookies for Santa, but don’t leave money on the table. Last year during the holiday season Upromise members received $12 million in college savings rewards from eligible holiday spending with hundreds of participating merchants. Upromise is free to join and members have earned $575 million in college savings from hundreds of participating merchants when shopping online, buying gas or groceries, booking travel and dining out. Rewards may be invested in certain tax-advantaged 529 college savings plans (subject to meeting certain requirements), deposited in a high-yield savings account, used to pay down an eligible student loan or simply used for college or other expenses.
* Ask and you may receive. Upromise is in the giving spirit with $50,000 in prizes from its Spin2Win game. Now through Dec. 25, Upromise members can play once a day for the chance to win. Prizes were selected based on Upromise members’ suggestions of what they’d most like to win and include a vacation to Cancun, a 3-D HD-TV, Apple iPads, dozens of gift cards and more.
* Shop early and often to get the best deals. Watch for sales and discounts, and spread your purchases out over a longer period of time.
* Buy online and look for coupons and free shipping offers. Coupon use is on the rise as more consumers click or clip to save. Thousands of coupon codes and free shipping offers are featured at Upromise.com so you don’t have to hunt or miss valuable savings.
* Get by with a little help from your family and friends. Grandparents, aunts, uncles and friends can direct their shopping rewards to you or contribute directly to your existing 529 college savings plan account. For nearly all 529 plans administered by Sallie Mae’s Upromise Investments, account holders can easily encourage family members and friends to contribute a gift of college savings through Ugift.
For more information about 529 college savings plans managed or administered by Upromise Investments, Inc., call (877) 529-2980 or go to www.529.com.
Before investing in any 529 plan, you should consider whether you or the designated beneficiary’s home state offers a 529 plan that provides its taxpayers with state tax and other benefits that are only available through the home state’s 529 plan. Investment objectives, risks, charges, expenses, and other important information are included in a 529 college savings plan’s offering statement; read and consider it carefully before investing.
SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation’s leading saving, planning and paying for education company. Sallie Mae’s saving programs, planning resources and financing options have helped more than 31 million people make the investment in higher education. The company services $202 billion in education loans and serves 10 million student and parent customers. Its affiliate Upromise Investments, Inc., manages $27 billion in 529 college savings plans, and members of Upromise by Sallie Mae have earned more than $575 million in rewards to help pay for college. Sallie Mae offers services to a range of institutional clients, including colleges and universities, student loan guarantors and state and federal agencies. More information is available at www.SallieMae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
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