What is Upromise?

Asked a year ago
Upromise is a unique rewards program designed to assist families in saving for college education. It is a free service that provides an easy way to save money while making everyday purchases. Members can earn cashback rewards on qualified purchases made through participating online retailers, restaurants, gas stations, and more. These rewards can be deposited into a Upromise college savings account, a tax-advantaged 529 plan, or used to pay down eligible student loans. Upromise collaborates with various partners to offer additional ways to save for college. For instance, members can shop through the Upromise online shopping portal, link their eligible credit or debit cards to earn rewards automatically, or utilize special offers and promotions. Furthermore, friends and family can contribute to the member's college savings account, helping to boost the savings even more. Overall, Upromise is a valuable program that enables individuals to effortlessly save for education expenses and bring the dream of college within reach.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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