Upromise College Savings program offers everyday savings on thousands of companies from retailers to grocery stores for future college expenses.
Simply register your credit cards and grocery cards, and that's it. You'll begin to earn savings from over 10,000 merchants once Upromise confirms your registration.
Put your savings towards your child's college education expenses, pay your own expenses, or donate your earnings to another Upromise member.
I also recommend opening a 529 Account in conjunction with your Upromise college savings program. Why? Because you'll earn interest on your savings by investing in the provided Vanguard Mutual Funds.
It's a care free way to start savings for a college education, and requires no additional effort other than registering your plastic and spending money as you normally would.
Pros on Upromise
- Earn Cash back on normal shopping purchases
- Invest your savings in a mutual fund, 529, and Educational Savings Plan
- Prepare for your child's future by start a college fund as early as possible
Cons on Upromise
- Upromise 529 only offers limit fund options (currently use Vanguard Funds)
Overall, Upromise is a great college savings program, and so far is the best one available. Best of all, it's free! This concludes my upromise review.
Sign up for Upromise
Tarik Pierce is the founder of InvestorTrip.com and regularly contributes articles to this website.
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While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.