With Back to School Season Approaching, Now’s The Time to Earn Cash Back for College with Upromise by Sallie Mae
July 28 2014 - 9:59AM
Business Wire
Upromise members can earn up to 5 percent or
more cash back for college by shopping at Upromise.com
Whether beginning kindergarten or senior year, millions of
students are headed back to school this fall and have some shopping
to do in order to be prepared. In fact, according to the National
Retail Federation, the average family spends nearly $700 on school
supplies during back-to-school season. Upromise by Sallie Mae is
here to help families save while they shop; Upromise members can
earn up to 5 percent or more cash back for college while they shop
at more than 850 popular online retailers like Staples, Dell,
Macy’s and Gap.
“We have four children, one of whom is in college now, so we are
always looking for opportunities to try to save for college as much
as possible,” says Upromise member Craig Z. of Boston, Mass. “With
our online purchases, especially around back-to-school time, we use
the Upromise website as a launch pad to shop at numerous online
stores and ultimately to earn savings for our kids.”
Membership to Upromise by Sallie Mae is free and provides cash
back through online purchases at many major retailers, dining out,
buying gas, shopping with the Upromise credit card or even buying
or selling a home. When consumers choose to shop through
Upromise.com, they can accelerate their college savings. In
addition, with the Upromise World MasterCard, families can double
their earnings on online purchases with up to earn 10 percent cash
back.
“As a mother with three of my own heading back to school, I’ve
seen firsthand how those bills can quickly add up,” said Erin
Condon, vice president, Upromise by Sallie Mae. “That said, it’s
rewarding for Upromise members to know that purchases today can
make a difference down the road when it comes time to pay for
college.”
To date, Upromise by Sallie Mae members have earned more than
$850 million to be used toward college savings. Cash rewards can be
invested in an eligible 529 plan, used to help pay down an eligible
student loan, transferred into an FDIC-insured Sallie Mae
High-Yield Savings Account or withdrawn by check.
Join the conversation on how to save, plan and pay for college
at Facebook.com/SallieMae and Facebook.com/Upromise. To learn more
about planning for college, visit SallieMae.com/planforcollege.
Sallie Mae (NASDAQ:SLM) is the leading financial services
company specializing in education. Whether college is a long way
off or just around the corner, Sallie Mae can help turn education
dreams into reality for American families. With products and
services that include Upromise rewards, scholarship search and
planning tools, private education loans, insurance, and online
banking, Sallie Mae offers solutions that help families save, plan,
and pay for college. Learn more at SallieMae.com. Commonly known as
Sallie Mae, SLM Corporation and its subsidiaries, including
Upromise, Inc., are not sponsored by or agencies of the United
States of America.
Sallie MaeMedia:Abigail Harper,
302-451-0230abigail.harper@salliemae.comorRick Castellano,
302-451-2541rick.castellano@salliemae.com
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