"You know they're not going to lose 162 consecutive games."Harry Caray
|
Warning: fopen(stopka/index.php) [function.fopen]: failed to open stream: No such file or directory in /stopka.php on line 117
Warning: fopen(stopka/6655d922aa2c1bbb44b556c10262be35.txt) [function.fopen]: failed to open stream: No such file or directory in /stopka.php on line 117
| |
Low Interest Rates = Bigger Savings
When choosing a credit card, the interest rate should be the first thing to consider. Low interest rates only mean one thing: more savings! The bigger the balance of the account, the bigger sum of money will be saved. As more money gets saved, more ...
Moneynet sounds alarm over poor-paying children's savings accounts
Interest rates on children's savings accounts - some of the most heavily marketed of all savings products - can leave kids badly out of pocket, online financial data service Moneynet warns today.In some cases, the difference in rates can be ...
Wedding Day Savings
A little strategizing can go a long way when trying to cut down on spending for the big day. Invitations, flowers, and music can cost a small fortune but by making some adjustments to these elements you can have an elegant wedding without breaking the ...
|
|
|
| |
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 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
|
|
|
|
|
|
 |
Your 2012 Memorial Day Sales Savings Cheat SheetDailyFinance"The time required to search for the best possible deal keeps shoppers from comparing prices, even if that means saving them a lot of money." That's where these bargain-finding search engines come in handy, he says. They'll "not only save you time and ...and more » |
|
