Saving for College While You Shop

Upromise, the first of several programs that enable you to earn money for a 529 college savings plan while you shop, is offering a $10 bonus if you sign up and make a purchase before the end of April. Okay, $10 isn’t much when you consider how much college is likely to cost by the time baby heads off to Boston. But every little bit helps.

Neither of Upromise’s main competitors, Baby Mint and Little Grad, is currently offering an incentive for joining. However, they each offer their own unique benefits. For example, whereas Upromise requires members to open an Upromise-adminstered 529 plan, Little Grad will automatically deposit rebates into a 529 plan of your choice.

One of the more innovative rebate programs for those wanting to save somewhere other than a 529 plan is Bond Rewards. The program, which claims higher percentage rebates than the college savings rebate programs, pays out in the form of U.S. savings bonds.

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