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Here's To the Dedicated Wives
In the course of my day at the hospital I come in to contact with a lot of people and I come into contact with a lot of loving family members. This little paragraph is about the wives... I am in awe of the real love, attention, loyalty...
"I'M OVERWHELMED" - 5 Tips On How Parents Can Take Control Of Their Lives
"I'M OVERWHELMED"
5 Tips On How Parents Can Take Control Of Their Lives
Are you feeling overwhelmed being a parent? Do you want to feel more relaxed and empowered raising your child? Working parents, stay-at-home parents, visiting parents - it...
Online Shopping – Is It Really So Great?
Online shopping - is it really so great? That is the question among many consumers in the United States. There are many that would rather go to the local shopping mall to make their purchases. Perhaps it is the socialization aspect or the...
Should You Get Baby Shower Game Ideas for Free?
There are quite a few baby shower game ideas for free online. Low priced games on pre-printed forms are also available and make it easier for your guests to understand the rules of the game and what is expected of each player. You no longer have to...
Women’s Swimwear Revolution: Cover-ups and show-offs for your body at the beach!
Swimsuits have ebbed and flowed through the centuries!
It’s almost certain that the first swimmers wore no suit at all and although some historians date women’s first swimsuits to the Eighteenth Century, the first recorded use of clothing for...
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Internet Home Business Training Course
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College Savings Reward Plans - Making Them Work for You
You are probably well aware that college costs are soaring and that the need for parents to build college savings has never been greater. You may also be aware of various loyalty reward programs (such as Upromise and BabyMint) that pledge to help build your college savings by paying back a small percentage of the amount you spend using their credit card and/or buying certain products. Companies offer these programs because, in the aggregate, they know they will lead to higher spending on their products or services. Smart consumers learn to maximize earned rewards without altering their spending habits.
Reward programs can help build college savings. That's the good news. The bad news is that these programs have grown in number and become very complex. It is very difficult for parents to take time to fully understand, compare and select the program best suited for them. This article aims to cut through the morass and lay out a clear strategy for parents to follow to get the most from college reward programs.
The Basics
The various college savings reward programs fall into two broad categories: credit card rewards and savings clubs. The distinction gets blurry because many of the "savings club" programs also sponsor a credit card under the same name. Nonetheless, you can
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better understand and optimize your use of the programs if you categorize them in this manner:
A college savings reward credit card is a regular MasterCard or Visa card that - in lieu of frequent flier miles or cash back bonuses - makes a 1% or 2% contribution to a college savings account based on purchases made with the card.
A savings club (or loyalty program), on the other hand, is a membership club through which a network of merchants offers members special rebates for buying their products or services. Rebates are directed to the member's college savings account. Some savings clubs have membership fees or require that you have their affiliated credit card to be a member. Others are free and permit the use of non-affiliated credit cards.
College Rewards Credit Card
Associated Savings Club
BabyMint College Credit Card
Baby mint
Baby Center Credit Card
Baby Center Savings Program
Being Developed
edexpress
Fidelity/MBNA College Rewards
NONE
futuretrust Credit Card
futuretrust
Savingforcollege Credit Card
NONE
The Education Plan Credit Card
The Education Plan
Citi Upromise Card
Upromise
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